New crypto exchange DX to engage with NASDAQ

The new digital currency exchange called DX greatly differs from others from the start because of its cooperation with the vast traditional NASDAQ exchange (also written as Nasdaq in many sources). The exchanges will not only share their experiences, the engine of DX will be largely based around the trading and exchange services technology of NASDAQ.

For the latter, the cooperation is advantageous, as the exchange gets to see the establishment of the new crypto platform while not directly engaging with digital currencies, although some European branches of NASDAQ already have Bitcoin ETNs (exchange-traded notes).

For DX, this will allow to build a solid marketing campaign based on true facts. The downside is that DX will not be allowed to work in the United States, but the representatives claim that the negotiations with respective branches of American authorities had already started.

Bitcoin, Ethereum, Bitcoin Cash, and Litecoin are to be included in the list of available digital assets along with unspecified ICO tokens. All basic functions of a regular crypto exchange are listed in reports on DX: crypto purchases, trading tokens for tokens, withdrawals and crypto-to-fiat conversion. The monthly fee of 10 euros will replace the usual trading and conversion fees familiar to crypto traders.

Adena Friedman from NASDAQ has never excluded the further involvement of the exchange in the crypto market, especially in the far future when it matures enough to be attractive for conservative investors.

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