DACX EXCHANGE: A COMPREHENSIVE YET SECURE CRYPTOCURRENCY EXCHANGE 

The overall success of cryptocurrency and other blockchain's underlying applications over the past few years shows a promising future for both the cryptocurrency market and blockchain technology, so far it has lead to the creation of many other cryptocurrencies and exchange platforms respectively. At some point in time, the growth was ever increasing that some larger exchanges have to suspend account creation for new users due to low scalability throughput of the exchanges to upgrade their security servers in order to cope with the huge traffic.

However, cryptocurrency trading exchanges have become the number one target for scammers and hackers alike due to billions of funds and assets trading on them. Since the early days of cryptocurrency exchange, hacks and breaches have been happening on frequent basis to the extent some cryptocurrency exchanges had to cease operations. 

Only in 2019, cryptocurrency worth billions of dollars have been stolen; from cryptopia hack happening in January 2019 twice with scammers doing away with 1,675 eth and 19390 ETH respectively to Coinmama hack in February, then to Coinbene and Bithumb of 3 Million EOS & 20 Million XRP hack in march, and Binance hack of 7,000 Btc worth $40 million in may as well as gatehub of 23,200,000 XRP and Bitrue of 9.3 Million XRP & 2.5 Million ADA in June 2019.

Most times, these hacks and breaches resulted due to the fact that most exchange platforms are usually rushed to completion lacking the basic required security protocols and mechanisms. As such, when they feel a sense of being security threatened, most exchange often do attempt to launch a system upgrade of security protocols inturns putting hold on all trading activities. 

Aside security, many other problems plague cryptocurrency exchanges ranging from delays in execution of orders to Complex user interface that makes trading difficult for newbies, exorbitant transaction charges, poor customer services as well as wash trading and volume manipulation.

DACX EXCHANGE - Presenting A Better Alternative

Dacx Exchange is a new platform which emerges to offer the next generation of cryptocurrency trading marketplace with lots of unique features and advancements that will fill in the gap left by other previously existing cryptocurrency exchanges inorder to offer cryptocurrency traders seamless experience while exchanging crypto assets. The exchange proposed by dacx will encourage traders along with the whole market by providing a secure trading environment will bring about volume trading with lower fee charges. 

Dacx being an exchange that emerge with the aim to build the next generation cryptocurrency trading exchange that will provide traders with all the needed exchange features and functionality, it partnered with an old developer of technology infrastructure called modulus Global inoder to develop a high frequency trading solution, that will enable DACX exchange process ten million transactions per second on default can scale up to 8 times of that if required.

Modulus Global has been providing finanacial and advanced technological infrastructures for strong established companies such as yahoo, Microsoft, IBM, Google, ford motor company, NASDAC STOCK Market, adobe, NASA, and Cisco to mention few for more than 20 years. The high frequency trading solution provided by Modulus Global for Dacx exchange is more efficient than the one used by other exchanges. For instance, Bitfinex trading engine can handle 1 million transactions per second likewise that of Binance which can handle max 1.4million transaction per second. 

Among the core features that differentiate Dacx exchange for other trading platforms is the risk management and market surveillances technology that will use machine learning solutions to create deep insights that manage risk between markets and market participants. Traders will provided with many trade surveillance services that will enable them create customizable alerts about trades, market prices amd their assets holdings. 

Among Dacx proposed risk management mechanism is the stop-loss order type that gives traders an edge to capitalize on either dump or pump. Stop order is use to buy or sell a trade once the price of the asset reaches the specified price, known as the stop price. Stop order limit contributes greatly to the hype and usage of the popular cryptocurrency exchange Binance by many cryptocurrency users, and as such Dacx exchange recognizes it's importance and incorporated it in it's trading platform in order for traders to minimize risk that might occur during price and market fluctuations.

Wrap up

With all the features incorporated in Dacx exchange, it will provide a better alternative for cryptocurrency traders with a trading system that will enhance quick trade and transaction executions, low transaction fee, good customer service, Real volume trades and good liquidity. This will create a future of cryptocurrency trading where constant innovations to provide seamless trading experience for users will always be implemented.

CONTACT DACX EXCHANGE VIA:

🔗 Website: http://dacx.exchange
🔗 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

Written By :

📎Btt username : Utoy101

🔗 link : https://bitcointalk.org/index.php?action=profile;u=2098768