The Nasdaq-based Crypto platform presents support for XRP, Litecoin (LTC) and Cardano (ADA)

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  • DX.Exchange based on Nasdaq allows traders to buy tokenised shares of global companies
  • The platform was published on January 7, 2019
  • The platform also announced support for altcoins such as Enigma, OmiseGo and Digibyte

In a series of tweets, released on 6 January 2019, the newly launched Nasdaq cryptocurrency exchange, DX.Exchange, revealed the trading pairs that users can exchange. Some of the platform's flagship titles include Apple, Microsoft, Google and Tesla, among others.

As reported previously by BlockchainReporterOn January 3, 2019, DX.Exchange is the first trading platform of this type that allows investors to trade shares of companies listed on Nasdaq, NYSE and others through cryptocurrencies.

The exchange has the support of the EU and went live on 7 January 2019.

In a tweet published on January 6, 2019, the team behind DX.Exchange revealed that its users will be able to exchange the shares of major global companies such as Amazon, Baidu, Google, Apple, Facebook, Netflix, Intel, Nvidia and Tesla .

DX.Exchange has also made announcements related to the crypto-to-crypto and crypt-fiat trading pairs. The platform has extended its support to Litecoin, stating that it can be traded in LTC / BTC, LTC / ETH and LTC / USD pairs. Support for Ripple's XRP was also announced by the Estonian trade exchange, with pairs of XRP / BTC, XRP / ETH, XRP / EUR, XRP / JPY and XRP / USD available for trade to users.

In particular, platform users are required to pay a fee of $ 10 per month to use the services.

The newly launched platform also announced support for other altcoins, including Enigma (ENG), Digibyte (DGB) and OmiseGo (OMG). All three cryptocurrencies can be traded in pairs with BTC, ETH and USD.

Shortly after the official launch of the platform, the CEO of DX.Exchange, Daniel Skowronski tweeted that support for Cardano (ADA) and Tether (USDT) will be announced shortly.

While 2018 was nothing short of a roller coaster ride for the neonate digital currency industries, 2019 could turn out to be tangible results in the year. In fact, many companies have already sown seeds in the last year, and this year we can expect to see products working.

The attentive observers of the sector are already aware of the launch of the long-awaited Bitcoin futures trading platform, Bakkt, scheduled for January 2019. Moreover, in mid-2019 the opening of the encryption of Fidelity Investment is expected, which could attract great institutional interest towards the emerging asset class.

Regarding cryptographic exchanges, BlockchainReporter reported on December 6, 2018, as the VC weapons of industrial giants such as Fidelity and Nasdaq have thrown their weight behind ErisX, a new cryptocurrency exchange that plans to launch this year.

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