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.
In an interview during #DeltaSummit, https://t.co/gavrewTi9F COO @Amedeo_Moscato talks about https://t.co/gavrewTi9F Nasdaq Matching Engine, DXCash Event, Community, Platform Launch Date, regulations and crypto industry https://t.co/cM7tvQOjRM
— DX.Exchange (@DXdotExchange) October 19, 2018
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.
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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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Property Loans for Foreigners in Singapore That You Must Know About
Intending to invest in a residential or commercial property in Singapore?
When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.
In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.
HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE?
As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.
In this sense, Singapore has the Loan to Value Ratio (LTV).
The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:
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Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play. The desktop version is available for Windows and Mac.
“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited…
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Sports betting is one of the widely known types of online gambling. With a large number of sports fans around the world, this type of gambling is one of the most sought after. The problem usually comes from when gamblers try to find the best sites out of the many available ones. Many new sports betting sites come up daily, thus making the selection process even harder. One of the best places to find top betting websites for sports is Boomtown Bingo. This platform doesn’t just give users the best online casino games websites, but they also cover sports betting. As such, boomtown bingo remains a one-stop-shop for everyone who needs the best and the latest online gambling and gaming sites for all types of devices.
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