Digital asset trading platforms provided succor when cryptocurrencies were literally rejected from all angles. Through these platforms, it became easier for many investors and digital asset traders to trade on all kinds of assets. More so, the platforms also have dedicated storages and digital wallets where those assets can be stored.
The DACX cryptocurrency exchange is here to be the shining light that would position the digital economy for greater exploits. In this article, we shall look at the attributes of the platform, especially concerning the remarkable milestones it is setting for the digital asset industry.
Multiple Orders
Since trading on digital assets is one of the feasible ways of bolstering the assets’ circulation, it became imperative to have several types of orders. Now, the DACX Exchange presents you the opportunity of using multiple types of orders.
Market Order
The first is the Market Order, which empowers you to trade immediately. Worthy of note is the Market Order is a direct instruction for digital asset traders to transact immediately, provided the prices and value of the assets are favorable.
Limit Orders
There are times when the market is bearish. Investing and trading on digital assets at such times tend to be a fatal financial mistake. That is why you need to take advantage of the Limit Orders to break even.
Under the Limit Orders, traders are allowed to trade on digital assets only at specific values and prices. Also, the order also stipulates that a Buy Limit Order can only be executed when the lower or limit price is available. On the other hand, the Sell Limit Order comes into play when the price limit has been increased to a specific value.
Stop Order
We may not fully predict the outcome of the digital asset market. That is the idea behind the Stop Order presented by the DACX Exchange. In this case, traders are only allowed to continue with trades if the Stop Price or fixed price of an asset has been attained.
Massive Portfolio
We wouldn’t be bored by the limited assets. Instead, the DACX Exchange presents you with the option of trading on multiple assets. It will be listing both the BTC pairs and the USD Stable crypto Coins as a way of bolstering the portfolio of the traders.
Conclusion
There may be no better time to join the burgeoning digital asset economy. With the introduction of the DACX Exchange, you now have a feasible and excellent platform to enjoying robust digital asset trading experience.
Check below links for more information about the project;
Website: https://dacx.io/
Telegram: https://t.me/OfficialDacx
Whitepaper: https://dacx.io/wp-content/uploads/2019/09/DACX_WhitePaper.pdf
Facebook:https://www.facebook.com/dacx.io
Medium: https://medium.com/@dacxinc
Bitcointalk bounty thread: https://bitcointalk.org/index.php?topic=5197112.0
Twitter: https://twitter.com/dacx_io
Author’s details
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1777715