DX.Exchange is a new crypto exchange that uses the same technology as the NASDAQ exchange and launches in June. It advertises with free trades, but members have to pay a monthly flat rate. The stock exchange is currently holding a poll to determine which coin is to be listed next.
Even though NASDAQ itself is still cautious about crypto currencies, a peer-to-peer crypto exchange, which uses the technology behind the well-known NASDAQ exchange, will exist from June. In addition to a user-friendly and familiar experience for institutional traders, DX.Exchange promises above all security and low latency – even with high trading volumes.
Users can deposit both crypto currencies and Fiat money into their user accounts. Of course, the funds can be transferred back to a credit card using an original credit transaction.
DX.exchange is regulated under EU law and, according to its own statements, authorised for institutional peer-to-peer trading by the Estonian Financial Supervisory Authority under licence FRK000039.
DASH, TRX, XRP? Users choose listing for DX.Exchange
According to Financial Magnets, the Exchange would like to implement the major currencies such as Bitcoin, Ethereum or Bitcoin Cash as a first step. However, the team behind the Exchange wants to list additional crypto currencies. In order to involve future users more in this process, Exchange has launched a survey. Interested parties can choose between Ripple, Tron, Litecoin, Dash, ZCash and Neo. You can also enter your favorite coin in an empty field.
As you can see on Twitter, this as expected leads to an avid shilling of one’ s own favourite coin: business investors felt they named half of the coins represented in the top 100. It would be interesting to know if DX.Exchange has a framework like Coinbase’s Digital Asset Framework or if it actually decides by majority voting. In any case, this is an interesting opportunity for investors to participate in the listing of their own favourite Altcoin.
From the screenshots the interface looks undoubtedly interesting. Unfortunately, there is currently no app or web frontend that you can take a closer look at. So far, interested parties can only enter their e-mail address. At this point in time, investors can only wait and see – and participate in the poll.
Cardano (ADA)
Tron (trx)