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Soon to be released NASDAQ (NYSE) powered exchange to list XRP pairs

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XRP
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The Delta Summit took place earlier this month at Malta. It’s “The Maltese Government’s official blockchain and digital innovation event.” Not just for Ripple or XRP (as this news is somehow related to them), this matters for all, because Malta is probably the country that’s been more friendly to blockchain technology, fintech, and cryptocurrencies, so this conference is a big deal. All the big boys and VIPs from the cryptosphere concurred at Malta to be there, exchange ideas, and make new deals.

One of the most interesting announcements at the Delta Summit was DX.Exchange’s. They are launching their new token (called DXCASH) alongside giving away 2.7 million USD worth of their tokens to celebrate the occasion and to encourage its community to get in the game.

Why is this important, I hear you ask? Because dx.exchange is a cryptocurrency exchange that does things differently. They are licensed to operate in Estonia, Israel, and Cyprus. It also has a partnership with NASDAQ that allows them to use NASDAQ’s very own trading engine to conduct business with crypto-coins.

That means it’s a fully regulated exchange in which security is guaranteed in better ways than in most others. Yes, some members of Ripple’s XRP community as well as other cryptocurrencies’ might not like the idea of ‘regulated’ that much.

Amadeo Moscata, who is dx.exchange’s COO was at Malta to deliver the news, and he took the time to explain in more detail why this is a different thing.

Why are potential XRP pairs on DX Exchange worth celebrating? What’s unique with this exchange?

DX places a lot of emphasis on customer service. They have PR and marketing departments that work in 15 different languages to make sure they are reaching each market correctly but also giving each customer the service he or she wants in the language that he or she needs. This is indeed something somewhat rare in the cryptosphere.

Also, there are no trading fees at all in Mr. Moscata’s company. It’s a different business model based on membership. So if you join and pay your membership (which is 10 Euro for “normal” users per month) every trade you conduct is free.

If that’s not attractive enough for you, the platform includes web and mobile services. And yes, most exchanges are on the web, but most are not going mobile, and very few of those who are do it correctly.

DX.exchange expects to start using XRP as a pairing coin sometime shortly which is why it was XRP Research Center who announced all those things through their twitter account, too.

Because of the emphasis on regulation and the human aspects of crypto trading, this is a project that aims to become a community more than an exchange/trading site, and that could make all the difference in long-term because of the loyalty they could command from their users and community members.

And that starts now as these community members are getting 2.7 million USD in free DXCASH tokens, just to start. And then, not just Ripple’s XRP, more cryptocurrencies would make it to the platform, which means broader reach.

This is not the biggest or more famous crypto exchange in the world right now. But their willingness to do things differently, and to put emphasis on happy customers, regulation, and a proven trading engine (remember NASDAQ is going to power them) could put them into the map very quickly.

So keep an eye out for this project, and, if you have 10 Euros to spare, we would suggest for you to go ahead and open a membership account to see for yourself if it’s really that good. Imagine how would it feel to trade your favorite crypto coin, Ripple’s XRP, on a fully regulated, secure and ‘no fees’ exchange? When great ideas show up, it’s always better to get in early. Of course, this isn’t financial advice, do your very own research if you wish to jump into anything.

For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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AZ FundChain Offers a Compelling Alternative to Traditional Crowdfunding

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AZ FundChain
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Although many tokens have collapsed during the ongoing altcoin apocalypse, the future remains bright for applications with real world usage.  Because of the ongoing bear market and limited trading opportunities, analyzing businesses with the potential to experience real world adoption should be the priority.  Part of that analysis should include looking at industries that need improvement.  During my analysis, one area that quickly popped up is the field of traditional crowdfunding and money circles.  And, as it turns out, AZ FundChain application offers a compelling alternative.

Problems with Traditional Crowdfunding

President Obama’s JOBS Act essentially laid the ground work for crowdfunding.  This legislation was passed in 2012 and included a provision for large groups of anonymous investors to fund startups.  It essentially gets around the dreaded “qualified investor” requirement that created a barrier for so many potential participants.  Crowdfunding is a great way for non-traditional businesses to raise funds for operating capital.  It certainly beats having to beg a bank for a loan, or, even worse, a loan shark.

But, as the common cliché goes, no good deed goes unpunished.  Traditional crowdfunding and money circles certainly have their fair share of problems.  The biggest problem is trust.  There are essentially very little checks and balances when it comes to how these companies will use the money that is raised.  Companies can promise the world but may not deliver…

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Why no one should be using banks

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why no one should be using banks
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If government is the devil, the bank is a demon.

It’s not your money anymore.

The moment you put your money on your bank account it becomes the property of the bank. Legally speaking you have just lend your money for minuscule interest. And since the money is not your, terms do apply, so you cannot withdraw all of them in one day, if the amount is high.

Government will know everything

Today banks are obligated to tell the authorities everything they know about you, including how much money you have, how you got it and where you spend it. The golden age of bank secrecy is over. Of course if you are a law abiding citizen, you might think that you have nothing to hide, but it’s not about hiding stuff. It’s about basic human right, and rightness for private life. The government should not be allowed to watch you.

Banks ask too many stupid questions

It’s your money, you rightfully earned them, but still you need to explain to the bank where you got it from and be shamed by them. The funny part is that after long and painful due diligence process the bank may still decline in providing service for you.

They can legally suspend your account or even steal your money

Laws are not made to protect people, they are made to protect the…

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Neteller to Launch a Crypto Exchange

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Neteller
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The way to make sure that the cryptocurrency momentum continues and that cryptocurrency credibility occurs is when big companies begin offering services based around cryptocurrency and other features of blockchain. This was certainly the case when Neteller recently announced it will offer a cryptocurrency exchange service in addition to its digital wallet services. The company announced that the 28 currencies compatible with the fiat wallet were able to buy, sell, and hold cryptocurrencies – including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin. It makes sense to begin with Bitcoin and Ethereum as they are seen as the originators of what cryptocurrency and blockchain can do and also the future of how blockchain can be used, despite news that Ripple may be set to topple them all. Neteller’s move into cryptocurrency shows it has its sights set on a bright future of cryptocurrency and making it more accessible. But where do they stand now?

Neteller and Cryptocurrency

Neteller are optimistic about the exchange features of the digital wallet, claiming that they plan to add more cryptocurrencies in the near future. Neteller’s benefit is the ease at which one can begin their cryptocurrency trading journey. Not only do a range of banks offer services to fund the wallets and exchanges, but so do a variety of online payment options. This helps remove the barrier to entry that exists in…

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