2018 has been a tough year for the digital assets, and crypto enthusiasts are hoping to see a brighter future for the coins and the whole crypto sphere in 2019. The year seems to begin successfully with an important event.
DX.Exchange has been awaited for a while now, and the crypto exchange and digital stocks trading platform has finally revealed its full list of crypto trading pairs.
DX.Exchange’s list of crypto trading pairs
Starting from day one, the platform is set to support Bitcoin, Ethereum, XRP, Litecoin, Cardano, OmiseGo, Enigma, ShareToken, and Digibyte.
All the tokens will be paired with the US dollar, XRP and Cardano will be paired with the Japanese yen, and XRP and Digibyte will be paired with the Euro.
The exchange has been in the spotlight for a while, and it’s launching today.
It also plans to offer tokenized stocks that are backed by real shares of 10 of the biggest companies on the NASDAQ: Apple, Amazon, Baidu, Facebook, Google, Intel, Microsoft, Netflix, Nvidia, and Tesla.
Have you been waiting for https://t.co/gavrewTi9F Digital Tokenized Stocks ? Well wait no more and make sure to watch the video below to get the full breakdown! #exchangeyourway pic.twitter.com/gMK4CVZQdE
— DX.Exchange (@DXdotExchange) January 6, 2019
The exchange is registered and compliant
The exchange is powered by NASDAQ’s world-class matching engine, and it reported that it’s completely registered and compliant.
The company’s CEO told Bloomberg it doesn’t need approval from US regulators.
“Even though U.S. regulators oversee trading of DX’s initial roster of stocks, Chief Executive Officer Daniel Skowronski said he doesn’t need permission from the Americans to offer this service because DX doesn’t operate there. The company says it’s licensed by the Estonian Financial Intelligence Unit with full authorization to operate in the European Union.”
So far, regulators including the SEC have declined to publicly comment on the exchange.
The platform will provide investors with a brand new original way to penetrate the US market. It launches with zero trading fees, and it stated that 500,000 people have already pre-registered before it goes live.