DACX IS ONE OF THE MOST ROBUST CRYPTOCURRENCY TRADING PLATFORMS.

in #blockchain5 years ago

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Digital assets have been here for some ten years and during this time; they have successfully found their ways into the hands of thousands of investors. At the same time, more enthusiasts are waiting for the clue to make an informed decision of using them. That is how far cryptocurrencies and many other digital assets have come to become a force to reckon with in the global financial scheme of things. So, anytime you come across any of those assets, you can be sure that they are the perfect fit for anybody that intends to make headway in the burgeoning cryptocurrency community.

FEATURES OF THE DACX EXCHANGE

The DACX Exchange has many features that set it apart from many other cryptocurrency trading platforms. Read on and you would discover many of the reasons why you shouldn’t hesitate to be part of this burgeoning cryptocurrency trading platform.

ASSET CUSTODY

The DACX cryptocurrency exchange is not leaving anything to chance. Considering that security has become a problem in recent times in the crypto community, the platform set about the task of creating robust mechanisms for hedging them. Atop the security apparatuses is the cold wallet, which is administered by HSM. The implication is that any transaction via that medium must be enforced by a Hardware Security Machine. Also, only the authorized personnel must sign or approve the transactions before they can be carried out. The same applies to the hot wallets that must be undersigned by the same personnel.

On the other hand, the DACX cryptocurrency exchange took the security apparatus higher by insuring all the assets under its custody. With that in place, it would be easier to get some insurance claims to offset the bills accumulated by the loss of assets, which might not happen as the platform posited. Also, it ensures that all the assets are maintained in a third party custody where all the bookkeeping and the balances therein can be audited.

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CROSS-PLATFORM CLIENTS

Without restricting the participation of the users to the web-base format, the DACX cryptocurrency exchange went the extra mile of creating cross-platform clients. With those in place, the traders would be able to transact without hassles from any medium they find convenient.

Some of the supported cross-platform clients are iOS, web-based, and Android native clients. Now, no matter the type of mobile device you use, you can be sure of uninterrupted action on the cryptocurrency tables courtesy of the DACX cryptocurrency exchange.

DACX REMIT

The DACX cryptocurrency exchange’s goal of creating an enabling environment for cryptocurrency trades is bolstered by the integration of the DACX Remit platform. The platform has interoperable blockchain structure, utilizes an industry-standard protocol for authorizing transactions, and has a hybrid architecture comprising Financial Technology (FinTech), and the Distributed Ledger Technology (DLT). The aim is to create a viable platform for the maximum productivity of the platform’s aim of fostering cross-border remittance

MEET THE TEAM
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FINAL THOUGHTS ON DACX

DACX is more than a cryptocurrency exchange. It is also a platform for the safekeeping of your digital assets, facilitation of cross-border transactions/remittances, and for the swift navigation of the cryptocurrency exchange. Indeed, when your cryptocurrency trades are facilitated through the DACX cryptocurrency exchange, you can be sure of flexible transactions anytime, any day.

USEFUL LINKS
Website: https://dacx.io/
Whitepaper: https://dacx.io/wp-content/uploads/2019/09/DACX_WhitePaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5154783.0
Telegram: https://t.me/OfficialDacx
Twitter: https://twitter.com/dacx_io
Facebook: https://www.facebook.com/dacx.io
Medium: https://medium.com/@dacxinc

AUTHOR'S DETAILS
Bitcointalk Username: Eadefemi
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1252172

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