The cryptocurrency industry has become one of the greatest industries of the world, as it has improved greatly, the global financial system. It posses the potential of elevating the world to a great height, due to its great benefits.
One part of the crypto-currency industry which cannot be overlooked is cryptocurrency exchanges.
They play a great role in the success of the crypto-currency industry, as they serve as the hinge behind the system.
Since the emergence of cryptocurrencies, a lot if cryptocurrency exchange platforms has been developed to help simplify the use of cryptocurrencies and as well make it an efficient system for everyone.
But over the years, the different cryptocurrency exchange platforms has proven to be inefficient as they lack the features which qualifies an exchange, as efficient.
SOME OF THE FLAWS OF DIFFERENT CRYPTOCURRENCY EXCHANGES
Different cryptocurrency exchanges have been plagued by the following flaws:
Slow Transactions
This has been a prevalent problem common in many exchanges today, as they take an unnecessarily long time to process the user's transactions, putting them through long wait time.
Slow speed of transactions makes it difficult for users to carry out on the spot transactions, and leads to loss.
Security
Security issues have become a very nagging problem in the numerous exchanges which have flooded the cryptocurrency market.
A greater number of them are unable to secure the user's assets against the hackers who are always on the move to steal the user's funds.
As a result of this incapability, the user's funds are placed at risk of theft or hack.
I believe no user wants that.
This leads to the next problem…
Lack Of Transparency
Lucidity of operations is not guaranteed on the crypto-currency exchanges we have today, as they keep the users in the dark, when it comes to information regarding their operations.
This unaccountability is due to the fact that most of these exchanges do not care about the users and most times siphon the user's funds.
Inadequate Users Support System
The today's crypto-currency exchanges are not interested in the user, as they care more about making a profit, so they give little or no time to the user's.
This makes the users unable to get the information needed to excel in trading.
These and many more are the challenges faced in the crypto-currency exchanges of today and it has dissuaded a lot of people from diving into the crypto-currency.
But, not to worry, because a lasting solution is here…
INTRODUCING DACX EXCHANGE - THE SOLUTION
DACX Exchange is a digital assets and commodity exchange, which has been designed to eliminate the flaws which are found in the other cryptocurrency exchanges.
It aims at creating a flawless cryptocurrency exchange, that will give the users the full benefits of the cryptocurrency industry, by making trading seamless and effortless for them.
DACX Exchange will leverage the use of the prevailing technologies such as the Blockchain and other improved technologies, to ensure that it provides for the users, an efficient service, maximum security and anonymity.
This cryptocurrency exchange is unlike the regular exchange, as it has put a lot of things in place, to make sure that the users enjoy a great trading experience.
DACX Exchange has partnered up with Modulus Global, to make available, an efficient trading machine for the users of the exchange.
With this superior trading machine, users can trade their digital assets, unlimitedly, without the fear of losing.
THE BENEFITS OF DACX EXCHANGE
Total Security
The security of the DACX Exchange is a top notch.
It has geared a lot of efforts towards protecting the user's assets, by fortifying the system against any form of hack or intrusion, thereby making every transaction secured. With the help of the blockchain technology and it's security token, the system is also protected against manipulation, as every activity is viewable on the blockchain.
Additionally, the system has developed a great crypto-currency wallet, which helps users store their assets and also facilitate ls cross border transactions.
This helps restore transparency and trust, to the crypto-currency industry.
An Efficient Customer Support System
Being that the users are the top priority of DACX Exchange, it has an efficient multi-lingual user support system, put in place to provide a 24 hours help to its users.
They help to answer the user's questions and help them know how to properly navigate the system.
Market Monitoring System
This is another feature which is not seen in other exchanges.
DACX has set up a reliable system, which will help monitor the cryptocurrency market, and provide information which will influence the decision of the traders.
With the information provided by the market monitoring system, the user can know when best to place or stop an order, to help them excel in the market.
With the help of this system, the different trading risks in the market are also accessed, to avoid any form of loss, on the part of the traders.
This is my favorite feature.
Speedy Transactions
With the utiluzation of blockchain technology, DACX is able to execute as much as 10 million transactions per second, which is a total contrast of other exchanges.
With its speedy transactions, users are now free to make unlimited transactions, simultaneously.
To make the system accessible to the users, DACX has created a mobile application, from which the users can carry out any activity on the platform.
All these, are just a piece of the ICEBERG when it comes to the benefits that comes with using the DACX Exchange.
THE DACX TOKEN
The DACX Exchange has developed its native currency called the DACX token.
It is an ERC-20 Ethereum based utility token, which will be used to carry out any form of transaction in the exchange platform.
The DACX token will be used to pay for Withdraws, listing and exchange fees.
In order to ensure that its value is maintained and investors rewarded, DACX system has introduced a token burn technique, to help retain the value of the token.
CONCLUSION
The DACX cryptocurrency exchange platform is exactly what is needed at this point in time, to bring efficiency into the cryptocurrency industry.
Users can now trade their digital assets easily, while also enjoying the benefits provided by the system.
I believe that, once adopted, DACX Exchange will take the global financial system and the Fintech industry, to a greater heights and show just how much innovation blockchain technology brings.
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Author's Details
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1194610
Bitcointalk Username: SamarasLoch
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