Ripple and XRP News
DCEX Becomes the First Digital Currency Exchange to Utilize XRP as Base Unit
Ripple’s XRP is entering a new era of success as DCEX, a cryptocurrency market place, has opened the registration to the world’s first crypto exchange using XRP as the base unit of accounts. Here, it is pertinent to mention that DCEX is powered by blockchain exchange technology company AlphaPoint. The exchange will provide cryptocurrency trading of almost all the cryptocurrencies against XRPas the base currency. XRP is the world’s third largest cryptocurrency after Bitcoin and Ethereum. Currently, there are 15 coin pairs offered but the exchange plans to offer more coin pairs and trading in future.
DCEX is also offering access to all the ten coins that are listed on Bloomberg Galaxy Crypto Index. The customers can register at www.dcex.com but trading facility is yet unavailable. It is also important to mention that DCEX is a San Francisco based digital currency market place which is taking initiatives to become a full fledge, registered, and regulated cryptocurrency exchange in a few months. It is registered with FINCEN and is trying its best to revolutionize the digital space through its innovative technology. Following are the main features of DCEX:
- By using XRP as the base currency, the exchange will offer seamless, high speed transfers between various crypto exchanges while taking advantages of price inefficiencies.
- Due to latest blockchain technology of XRP and the exchange itself, it will facilitate customers to process 1 million transactions per second. Here, it is important to mention that a transaction completes in just 3 seconds in Ripple’s blockchain.
- The exchange will offer high frequency crypto trading as it allows the users to connect to API’s quite easily.
- DCEX will also offer crypto trading within the exchange and with other exchanges at marginal costs.
- By offering 15 coin pairs the exchange will enable the customers to access many of the top cryptocurrencies.
- The exchange also enables the traders to maximize their profits by leveraging their investments to gain high profits.
Leave a Reply
The Role of Artificial Intelligence in Crypto Trading
90% of Business Leaders Believe Crypto to Have Significant Impact on the Business, Ripple Reports
XRP Records Inflows While Investment in Crypto Goes Down by $232 Million
Lawyer John E. Deaton Says XRP Holders were Always Right as He Posts a Key Footnote
10 Best Crypto Auto Trading Platforms : Reviewed for 2023
Recent Press Release
5 Easy Loans to Get Approved For
Easy-to-approve loans are usually available within minutes or hours of your application. Unlike traditional banks and other lending institutions, lenders...
Maximizing Passive Income with NFT Investments and Cloud Mining
NFTproX is an innovative platform for buying and selling NFTs (Non-Fungible Tokens), which utilizes blockchain technology to provide investors with...
Easy Cloud Mining Passive Income with Gbitcoins
With the rise in the wide adaptability of cryptocurrencies, there is an emerging need to generate ways to earn from...
Top 15 Ways to Invest in Cryptocurrency
Investors invest in cryptocurrency because they think that as a particular cryptocurrency’s value increases, so will demand it. You can...
Stay on Top of Your Crypto Game with Live Coin Watch Mobile App
After a successful launch of its popular iOS app, Live Coin Watch is thrilled to unveil its mobile app for...
July 30, 2018 at 8:34 pm
Just wondering if the exchange can be linked to a bank account to buy crypto’s.