DX.Exchange , cryptocurrency exchange platform, based on NASDAQ technology, will be launched in June 2018. DX hopes to become a reliable ecosystem for OTC assets and cryptographic tokens.
DX has partnered with NASDAQ to use its architecture to create a seamless P2P platform. According to Daniel Skowronski, CEO of DX, the platform benefits from collaboration by three criteria: brand recognition, technological infrastructure, and regulatory compliance. The infrastructure of the NASDAQ, for example, will allow you to access the system matching, which is used by more than 70 exchanges around the world.
DX will not charge a fee for the trade. Instead, traders will pay a monthly fee of EUR 10. It is expected that the policy of zero commissions to attract customers from all over the world:
Cryptocurrency enthusiasts need not to pay more than the minimum membership fee for trading and they do not need to trade in an unregulated environment. The combination of technology and NASDAQ interface DX.Exchange will create a unique, excellent experience of trading that puts the interests of traders above all else.
Cryptocurrency traders on the platform will be able to purchase tokens for Fiat, trading currency pairs and withdraw Fiat. DX involves the use of credit cards.
Initially, the platform will provide the ability to trade six cryptocurrencies, including Bitcoin, Bitcoin, Cash, Litecoin, and Ethereum. When the platform will become fully operational, the developers will include in listing 20-25 cryptocurrency. DX hopes to continue to add tokens with time. However, this aldonas will have to undergo a process of strict validation.
DX recently received Estonian license and a license by the Cypriot regulator CySEC, but the platform is closed to American traders. According to the management of DX is trying to obtain the necessary Federal license to provide their services to US residents. KYC platform DX includes checking e-mail and telephone, and promises quick and easy verification.
Platform for exchange of cryptocurrencies are often the targets of cybercriminals. The DX team is planning to use the robust features and security architecture of NASDAQ to protect against intrusion from hackers.