DACX PLATFORM- A Complete Review

DACX, just like its name is a digital asset and commodity exchange that rides on the strength of high technological computational powers via machine learning to bridge the gap between marginalized exchange traders and the current level of advanced cryptocurrency system. The platform is built to challenge the speed of processing exchange transactions including matching of sell and buy orders in record time. DACX also focus on breaking down into bits digital assets and exchange commodity that are somewhat too huge for small scale traders to transact while also ensuring that the big players on the exchange are not left behind by offering a completely compliant, secure and intuitive market place that gives room for easy transaction.

The goal is to bring inclusion across board to all members of the cryptocurrency exchange sphere resulting in smooth liquidation of traditional markets which will be the very life of the exchange network. Just like cash flow is the life of any business, liquidity of asset is the king in the exchange of cryptocurrency and commodity exchange.

FEATURES OF THE DACX PLATFORM

2FA: DACX support two-factor authentication which ensures extra security measure for all users most especially beat users who wants to have the ease of transacting across all their device.

Crypto To Fiat: Users are able to transact easily with their fiat asset. There is an option that allows you connect your local bank account to the DACX exchange platform and seamlessly send and receive receive funds.

Cross-Border Transaction: One of the outstanding features of DACX is that it support cross-border transaction with universal wallet-remit. This means that you can move your asset from your continent to another by just a few click without a third-party.

ADVANTAGES OF DACX:

1. Market Intelligence And Risk Management

Through the use of machine learning, DACX provides all necessary information to help traders harness the best opportunities in trading gaps. This tools comes in highly interactive user interface that users are able to intuitively make use of without needing a third party. DACX also uses the infused technology to detect and defuse activities that do not go in line with the operational landscape of the platform before they do any harm on the exchange network.

2. Security

In a bid to ensure a completely secure digital environment, DACX has implemented four different ways in which assets will be stored.

Hot Wallets: This is the normal wallet that is created when a user opens at account. Only a fraction of the assets are kept her for trading.

HSM Protected Semi-Cold Wallet: These are hardware wallet company solutions that have complete insurance. It's like doing cloud storage with Amazon.

Hard Ware Wallet: Users can make use of hardware wallets like the nanoX to store their asset securely.

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