Advertisement
Canada markets open in 8 hours 40 minutes

  • S&P/TSX

    21,885.38
    +11.66 (+0.05%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • CAD/USD

    0.7324
    +0.0001 (+0.01%)
     

  • CRUDE OIL

    83.86
    +0.29 (+0.35%)
     

  • Bitcoin CAD

    87,813.38
    -5.09 (-0.01%)
     

  • CMC Crypto 200

    1,387.11
    +4.54 (+0.33%)
     

  • GOLD FUTURES

    2,346.60
    +4.10 (+0.18%)
     

  • RUSSELL 2000

    1,981.12
    -14.31 (-0.72%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • NASDAQ futures

    17,768.00
    +200.50 (+1.14%)
     

  • VOLATILITY

    15.37
    -0.60 (-3.76%)
     

  • FTSE

    8,078.86
    +38.48 (+0.48%)
     

  • NIKKEI 225

    38,018.85
    +390.37 (+1.04%)
     

  • CAD/EUR

    0.6828
    +0.0007 (+0.10%)
     

DX.Exchange – An Impressive New Cryptocurrency Exchange Nearing Launch

Yaron Mazor
Updated
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.

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.

Suggested Articles

ADVERTISEMENT

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.

SuperTraderTV Academy is a leader in investing and stock trading education. Sign up for a class today to learn proven strategies on how to trade smarter.

This article was originally posted on FX Empire

More From FXEMPIRE: