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The highly anticipated cryptographic exchange and digital exchange exchange platform DX.Exchange has just revealed its complete list of encryption pairs.
On the first day, the platform will support Bitcoin, Ethereum, XRP, Litecoin, Cardano, OmiseGo, Enigma, ShareToken and Digibyte. All the coins will be combined 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 based in Estonia is making headlines as it prepares for its upcoming launch on 7 January. Also on the first day, the platform plans to offer tokenised actions supported by real shares of 10 of the largest companies in Nasdaq: Apple, Amazon, Baidu, Facebook, Google, Intel, Microsoft, Netflix, Nvidia and Tesla.
Digital shares will be based on real shares held by MPS MarketPlace Securities and holders will be entitled to the same cash dividends. Traders will be able to buy and sell digital stocks 24 hours a day, 7 days a week, bypassing the traditional open and closed nature of the stock market.
Did you wait for https://t.co/gavrewTi9F Stock Tokenized Digital Stocks? Well, do not wait any longer and make sure you watch the video below to get the complete breakdown! #exchangeyourway pic.twitter.com/gMK4CVZQdE
– DX.Exchange (@DXdotExchange) 6 January 2019
The platform will offer foreign investors a new, unique way to enter the US market. The exchange will start with zero trading commissions and says that 500,000 people have pre-registered to start trading when it is active.
The exchange, which is powered by the Nasdaq world-class matching engine, states that it is fully registered and compliant. The company's CEO told Bloomberg that he does not need the approval of US regulators.
"Although US regulators oversee the initial listing of DX shares, CEO Daniel Skowronski said he does not need US permission to offer this service because DX does not operate there. The company claims to have been authorized by the Estonian financial intelligence unit with full authorization to operate in the European Union. "
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Disclaimer: the opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and operations are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital assets, nor The Daily Hodl is an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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