The Californian Start-up DCEX is working on the Launch of a new trading platform for crypto-Assets. Behind DCEX the DLT-Service-Provider alpha point, has made it a goal to allow companies and institutions Blockchain solutions. The special feature of the new Digital Asset Exchange: it is the first stock exchange, which uses the Ripple-Token XRP as a base.
In San Francisco, California, headquarters by the end of crypto stock exchange DCEX the first crypto-trade will be place in the world, the Ripples Token XRP as the base token. In the next few weeks, the registration will be open for the new exchange to all interested parties.
To DCEX accordingly, XRP against the Fiat currency, the US Dollar as well as against a total of 15 crypto-currencies can be traded. In the case of these crypto-currencies is Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Bitcoin, Cash (BCH), Bitcoin, Gold (BTG), Ethereum Classic (ETC), OmiseGo (OMG), EOS (EOS), DASH (DASH), Tron (TRX), Monero (XMR), VeChain (VEN), IOTA (IOTA), ZCash (ZEC) and TrueUSD (TUSD). So we opted for the use of USD as a Stable Coin and, thus, against the classical Stable Coin Tether (USDT). Further plans also for the adaptation of Neo (NEO) and Cardano (ADA).
What are the new crypto exchange DCEX?
In addition to the offer, the largest crypto-currencies of the market against XRP trading, called the alpha point in the press release for more benefits. So you can take advantage of the Arbitrage between currency pairs on different exchanges, because XRP seamless Transfers between exchanges allows for.
Also, the speed of Transfers is an issue. So DCEX targets a transaction volume of up to one Million transactions per second. In addition, XRP-Blockchain transactions will be in less than four seconds. This allows for faster Multi-Exchange-strategies.
DCEX advertises in addition, with low transaction fees. Market participants should XRP at low network transaction costs may quickly between DCEX and other marketplaces move, since the XRP Protocol supports low cost for Transfers. The possibility of the Margin is trading.