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DX.Exchange – An Impressive New Cryptocurrency Exchange Nearing Launch

By:
Yaron Mazor
Updated: May 27, 2018, 11:51 GMT+00:00

It has been reported via major news services, a new regulated cryptocurrency exchange called DX.exchange will be launched next month and will rely on Nasdaq matching engine technology.

DX.Exchange - An Impressive New Cryptocurrency Exchange Nearing Launch

The exchange will highlight Bitcoin, Bitcoin cash, Litecoin and Ether as the first assets to be traded with no trading fees. However, participants will pay a monthly membership fee of 10 Euros. At the second stage, additional top 20 utility coins will be featured. DX.exchange has said it will introduce other digital assets that DX wants to support as they monitor emerging cryptocurrencies.

The exchange will allow for fiat currency to be deposited and exchanged for cryptocurrency and back to fiat. The exchange will allow worldwide traders, but exclude the United States for the time being.


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DX Exchange CEO Daniel Skowronski Quoted: Crypto enthusiasts shouldn’t have to pay more than a minimal membership charge to trade with their peers, and they shouldn’t have to trade in an unregulated unsecure environment. We are supporting blockchain technology. And the way we can help this ecosystem to progress is by vetting the tokens and making sure the good ones are promoted. We are not going to list coins, just because they pay us. Those who are worthy – will be listed,”

Yaron Mazor is a senior analyst at SuperTraderTV.

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About the Author

Yaron Mazorcontributor

Yaron has been involved with the capital markets since 1998. During the past 16 years, Yaron has been a day and swing stocks trader in the American market. Yaron has founded and made successful investments into businesses spanning exciting industries – from apparel to restaurants and bars, to high tech, medical technology, and education.

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