DACX EXCHANGE - RAISING THE STANDARD OF CRYPTOCURRENCY TRADING
The major hype behind blockchain technology is believed to be attributed the success of cryptocurrency which was the first blockchain's underlying application created by satoshi Nakamoto. The vision behind the creation of the first cryptocurrency was to provide the entire world with a digital currency that can be used to perform an anonymous, secure, irreversible, immutable and trust less peer-to-peer transactions without the barrier of location. However, this vision has not yet turn reality due to the fact that there has not been a viable means to use cryptocurrency as payment option for bills and transactions but rather, it is seen by many who have little knowledge about it as a speculative digital currency that people takes off profits from.
The true vision behind cryptocurrency is to be a digital currency that can be use for payment of groceries purchases, clothes, book of vacations as well for any form of transaction, the draw back to achieving this vision is due to the fact that there isn't sufficient and effective Fiat gateways to easily pioneer the conversion between cryptocurrency and Fiats. Proper cryptocurrency cross border payment solutions has not been provided to enable both e-commerce and offline merchants accept cryptocurrency as a payment option.
Other cryptocurrency's draw backs includes : Price volatility of cryptocurrency, inability of most cryptocurrencies' networks to scale large amount of users and transaction, high fees charges during clogged network, and the various security and scam issues associated with the usage of cryptocurrency exchanges. Basically, cryptocurrency exchanges are platforms that serves as a marketplace for the entire buying and selling of cryptocurrencies. Various problem with exchanges contributes to factors limiting the mass adoption of cryptocurrency from theft and hacks to slow matching engines as well lack of Fiat gateways.
Dacx Bringing Daily Usage To Cryptocurrency
Dacx exchange is a multidimensional cryptocurrency exchange platform that emerges with the sole aim of raising standards across the entire cryptocurrency community and the world of finance by delivering a world class trading platform with an exceptionally features missing in already existing exchanges. Dacx exchange will be equiped with the most powerful trading engine, the strongest security infrastructures, active platform development with an easy to use user interface to allow both new and veteran trader have seamless trading experience.
The platform emerges to solve the various issues prevalent in the industry by creating an all in one platform that will provide the entire cryptocurrency community a secure, transparent, high end and multipurpose exchange. Dacx will implement all the necessary elements required to give the entire cryptocurrency sector a streamline experience throughout their financial process.
As security being the major drawback of cryptocurrency exchanges, Dacx exchange guaranteed the highest level of security because it provide a strong Cutting-Edge encryption solution ecosystem to give the entire cryptocurrency community a top notch secured exchange. Dacx exchange partnered with high-tech infrastructural developers such as MODULUS Global in order to provide the exchange with all the needed tech infrastructures
users are assured of top notch security, as the platform pride it self to be the most complete one point cryptocurrency solution. Dacx exchange security was handled by the top and best security expects available in the market. The security dacx exchange is highly assured because all the database created when transacting with the exchange will be fully encrypted with AES technology and TLS asymmetric encryption making the exchange tampered proof without any loopholes for hackers to prey on.
Payment solutions By Dacx Exchange.
✒ Crypto-To-Fiat trading pairs
There has been an increasing demand by traders for cryptocurrency - Fiat trading pairs that will enable them execute peer-to-peer exchange of cryptocurrency and Fit money as it is believed to safe time, reduce the process as well the exorbitant fees charge in the course of using Fiat gateways. Only few exchanges offer this advance trading Feature and even the ones that offers it only support very few Fiat peers.
Dacx exchange being a one point cryptocurrency solution recognized this demand and in turn will provide its trader with many Fiat pairs to promote peer-to-peer exchange of assets. This feature will save traders from lots of problem associated with Crypto-Fiat conversion.
✒ Fiat Gateway and Buy crypto with Debit card Functionality
Ever since the inception of cryptocurrency, the access to entry and outing of fund from cryptocurrency has not been really easy, a lot of new potential cryptocurrency investors are always scared of the complications involve in the purchase of cryptocurrency with Fiat money. Conversion and withdrawal of cryptocurrency to Fiat money has not being easier either.
Dacx exchange incorporated in its platform a fiat gateway that will enable the direct conversion and withdrawal of cryptocurrencies directly to the bank account for supported country. Dacx exchange will also provide an easy way to purchase cryptocurrency with debit card making the purchase of cryptocurrency with Fiat as easy as paying for a bill with debit card at a point of sales (pos). Dacx will also provides its user with virtual debit card that can be used for day-to-day payment.
✒ Cross border payment
There has not been an effective means and plugins to use cryptocurrency for international and Cross border payments. Merchants have not been provided with viable means that will help them accept cryptocurrency as means of payment making them sceptical about accepting cryptocurrency.
Dacx exchange will offer a viable solution that will pioneer a new generation of Cross border payment with the use of cryptocurrency. The exchange will offers e-commerce merchants, Web based client, Android native client, as well as iOS native clients cryptocurrency payment plug-in and APIs to provide them the ability to start accepting payments with cryptocurrency just like the way they accept payments from debit cards.
Final Note:
Many projects have proposed several means to enable cryptocurrency become a form of currency for day to day usage. However, none has being able to fully implement a viable means to this effect. With implementation of Dacx exchange Use cases, it will make it easier for investors and traders to exchange crypto assets, it will provide simpler means for people to buy crypto with Fiat as well as provide a means for using cryptocurrency for Cross border payment. This innovative advancements proposed by dacx exchange will raise the standard of cryptocurrency sector and will as well create room for more people to enter the market thereby increasing the mainstream adoption of cryptocurrency.
To know more about Dacx exchange, Follow these links :
Bitcointalk Link: https://bitcointalk.org/index.php?topic=5197112.0
Telegram: https://t.me/OfficialDacx
Facebook: https://www.facebook.com/dacx.io
Twitter: https://twitter.com/dacx_io