News reaching Ethereum World News indicate that the Consensus Summit, currently happening in New York, will most likely triple in size with respect to attendance when compared with 2017. Such news is also in tandem with the current feel and action of big money getting into crypto in the form of major banks and Wallstreet firms. Notable names that have embraced blockchain technology or cryptocurrencies include J.P Morgan Chase, Soros Fund Management, VenRock, PWC, just to name a few. Also to add to the list is the American based Nasdaq Stock exchange with its backing and support of a new fee-less exchange known as Dx.Exchange.
In an exclusive report from FinanceMagnates.com, the exchange will first feature trading that consists of the current top 6 coins and coins in the crypto-markets. They are: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), EOS (EOS) and Litecoin (LTC).
The new exchange will launch next month and will feature an easy sign up procedure with early registration currently ongoing. Dx.Exchange is regulated by the Estonia Financial Supervision Authority (EFSA). US based customers will be excluded from using the platform until further dialogue is conducted with US regulators.
The Dx.Exchange CEO, Daniel Skowronski, was emphatic about the news and had this to say:
The advantage of this [Nasdaq] cooperation is threefold: the brand name, the technology and the regulations.We [have] created a one-stop-shop for exchanging fiat and crypto, holding coins and as well as wallet services.
Mr. Skowronksi also elaborated on how they will add additional coins and tokens with time:
We are supporting blockchain technology. And the way we can help this ecosystem to progress is by vetting the tokens and making sure the good ones are promoted. We are not going to list coins, just because they pay us. Those who are worthy – will be listed
To note is that there will be a monthly fee on the site of around 10 Euros. This is a drop in the ocean considering all the fees charged by other exchanges when you do the aggregated total using the daily transactions some seasoned crypto-traders do.
There will also be an internal chat in the exchange for users to interact and share ideas as well as a newsfeed on all the coins and projects.
[Photo source, financemagnates.com]