DCEX Cryptocurrency Exchange to Use XRP as Exclusive Base Currency
- The move comes as cryptocurrency exchanges are beginning to copy the safeguards commonly used by mainstream counterparts.
San Francisco-based Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term marketplace DCEX is launching a new P2P cryptocurrency exchange which will use XRP as an exclusive base currency for all traded pairs offered on the platform. The new trading venue will allow users to trade 15 digital coins against XRP (XRP), the native token of a blockchain system that uses real-time settlement system to transfer and exchange money.
The available instruments will include mainstays such as Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term, Ethereum and Bitcoin Cash, as well as newer offerings such as Cardano (ADA).
Notably, DCEX offers access to all ten coins listed in the Bloomberg Galaxy Crypto Index (BGCI). The exchange is also powered by crypto exchange software provider AlphaPoint, an infrastructure that connects various digital assets.
Adoption of XRP, the third most valuable virtual currency, has begun in several exchanges and it defies the trend of using Bitcoin or Ethereum as sole base currencies. The move comes as cryptocurrency exchanges are beginning to copy the safeguards commonly used by their mainstream counterparts after a steady stream of hacks, asset thefts, and technical issues. The XRP protocol is seen as the most sophisticated in this context as it is already adopted or tested by several big banks.
Additional services
The base unit is the currency using which users can buy the other quoted cryptocurrency. In this scenario, users can buy currencies on the platform using their reserves of XRP. Prices will be calculated against the price of XRP for a crypto-to-crypto trading experience.
As well as trading, the DCEX digital exchange will offer integrated post-transaction services such as deal settlement and asset custody.
The company added in a statement: “As a U.S. based marketplace built for speed, the DCEX platform allows for a very rapid transaction volume with a network designed to facilitate up to one million transactions per second. Additionally, XRP blockchain transactions typically settle in under four seconds, allowing for faster multi-exchange strategies and providing a speed advantage over other money movement options.”
San Francisco-based Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term marketplace DCEX is launching a new P2P cryptocurrency exchange which will use XRP as an exclusive base currency for all traded pairs offered on the platform. The new trading venue will allow users to trade 15 digital coins against XRP (XRP), the native token of a blockchain system that uses real-time settlement system to transfer and exchange money.
The available instruments will include mainstays such as Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term, Ethereum and Bitcoin Cash, as well as newer offerings such as Cardano (ADA).
Notably, DCEX offers access to all ten coins listed in the Bloomberg Galaxy Crypto Index (BGCI). The exchange is also powered by crypto exchange software provider AlphaPoint, an infrastructure that connects various digital assets.
Adoption of XRP, the third most valuable virtual currency, has begun in several exchanges and it defies the trend of using Bitcoin or Ethereum as sole base currencies. The move comes as cryptocurrency exchanges are beginning to copy the safeguards commonly used by their mainstream counterparts after a steady stream of hacks, asset thefts, and technical issues. The XRP protocol is seen as the most sophisticated in this context as it is already adopted or tested by several big banks.
Additional services
The base unit is the currency using which users can buy the other quoted cryptocurrency. In this scenario, users can buy currencies on the platform using their reserves of XRP. Prices will be calculated against the price of XRP for a crypto-to-crypto trading experience.
As well as trading, the DCEX digital exchange will offer integrated post-transaction services such as deal settlement and asset custody.
The company added in a statement: “As a U.S. based marketplace built for speed, the DCEX platform allows for a very rapid transaction volume with a network designed to facilitate up to one million transactions per second. Additionally, XRP blockchain transactions typically settle in under four seconds, allowing for faster multi-exchange strategies and providing a speed advantage over other money movement options.”