Crypto Adoption Enhances In 2019: DX.Exchange Allows Trading Of XRP And Popular NASDAQ Stocks In Tokenized Form
2019 has just begun, and the crypto space is already making massive moves towards adoption.
It was said that 2018 had been a year in which the markets have matured, and more expert voices were expecting 2019 to be a year for mainstream adoption, and it seems that things are going in the right direction.
DX.Exchange is a brand new revolutionary regulated European crypto exchange which just went live.
The exchange has offices in Estonia and Israel and what makes it so original is that fact that it allows trading XRP and more cryptos but also popular NASDAQ stocks such as Apple, Facebook, Tesla and more. It’s all happening on the very same platform.
DX.Exchange comes with support for ten cryptos at the moment and ten digital stocks which are implemented as ERC-20 tokens on the Ethereum blockchain.
Available cryptos and NASDAQ stocks
The ten cryptocurrencies are Bitcoin (BTC), Ethereum (ETH), Ripple’s XRP, Bitcoin Cash (BCH), Litecoin (LTC), OmiseGo (OMG), Dash (DASH), DX Coin (DXCASH), Enigma (ENG), and DigiByte (DGB).
For XRP, the following trading pairs are available: XRP/BTC, XRP/ETH, XRP/USD, XRP/EUR, and XRP/JPY.
The ten NASDAQ stocks that are available for purchase with fiat (USD) are Facebook (FB), Intel (INTC), Amazon (AMZN), Baidu (BIDU), Apple (AAPL), NVIDISA (NVDA), Netflix (NFLX), Microsft (MSFT), Tesla (TSLA), and Google (GOOGL).
Availability for the US customers
The DX.Exchange is currently available only in Europe, but CEO Daniel Skowronski tells the US customers to have a bit of patience because the exchange is definitely coming to the US as well this year.
The exchange is registered and compliant, and NASDAQ’s world-class matching engine powers it.
— Daniel Skowronski (@danskowronski) January 7, 2019
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.”
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.