The exchange is scheduled to start its operations on 7th January.
DX.Exchange, a NASDAQ-powered centralized crypto exchange, has joined hands with AlgoZ to provide market-making services and additional Liquidity solutions on its exchange.
The exchange is scheduled to start its trading operations on January 7 and will allow both retail and professional investors to purchase crypto with fiat money, to trade on a token-to-token basis, as well as to convert the coins back to fiat and to withdraw it. AlgoZ, a Fingenom Group company, will provide liquidity on all cryptocurrency trading pairs listed on the exchange.
Commenting on this partnership, Daniel Skowronski, co-founder and CEO of DX.Exchange, said: “As we intend on being a leader in the world of cryptocurrency trading, we must ensure our customers receive the best-in-class liquidity solutions. AlgoZ superior technology and experience in providing liquidity solutions in both traditional and crypto markets, enhance our capabilities and enable us to deliver the high-quality products that our customers demand.”
NASDAQ-Powered
DX.Exchange is a one of its kind crypto exchange as it is the first to be powered by the trusted technology of NASDAQ - used by over 70 exchanges worldwide. This will provide extra security to the crypto exchange especially in a time when even the major operating crypto exchanges are not fully secure.
Last year, the exchange reported that 500,000 traders had already registered on the exchange completing their KYC processes.
Not for the US-Based Traders
The exchange holds a market-maker license, as well as a custodian under CySEC and is listed in Estonia – both EU jurisdictions operating under MiFID II. However, due to high regulatory standards associated with NASDAQ’s technology, DX.Exchange will not cater to the US traders at least for the time being.
The exchange has also partnered with the seed and series A venture firm NFX, last year, to grow and expand its services.
"We are honored to have been selected to provide DX.Exchange with our proven market making and liquidity solutions, which will help ensure that DX.Exchange traders are provided with consistent and attractive trade opportunities. We see the selection in AlgoZ as a vote of confidence in our services and technology and looking forward to providing our various liquidity solutions to the DX.Exchange community," said Nir Dovrat, co-CEO of AlgoZ.
DX.Exchange, a NASDAQ-powered centralized crypto exchange, has joined hands with AlgoZ to provide market-making services and additional Liquidity solutions on its exchange.
The exchange is scheduled to start its trading operations on January 7 and will allow both retail and professional investors to purchase crypto with fiat money, to trade on a token-to-token basis, as well as to convert the coins back to fiat and to withdraw it. AlgoZ, a Fingenom Group company, will provide liquidity on all cryptocurrency trading pairs listed on the exchange.
Commenting on this partnership, Daniel Skowronski, co-founder and CEO of DX.Exchange, said: “As we intend on being a leader in the world of cryptocurrency trading, we must ensure our customers receive the best-in-class liquidity solutions. AlgoZ superior technology and experience in providing liquidity solutions in both traditional and crypto markets, enhance our capabilities and enable us to deliver the high-quality products that our customers demand.”
NASDAQ-Powered
DX.Exchange is a one of its kind crypto exchange as it is the first to be powered by the trusted technology of NASDAQ - used by over 70 exchanges worldwide. This will provide extra security to the crypto exchange especially in a time when even the major operating crypto exchanges are not fully secure.
Last year, the exchange reported that 500,000 traders had already registered on the exchange completing their KYC processes.
Not for the US-Based Traders
The exchange holds a market-maker license, as well as a custodian under CySEC and is listed in Estonia – both EU jurisdictions operating under MiFID II. However, due to high regulatory standards associated with NASDAQ’s technology, DX.Exchange will not cater to the US traders at least for the time being.
The exchange has also partnered with the seed and series A venture firm NFX, last year, to grow and expand its services.
"We are honored to have been selected to provide DX.Exchange with our proven market making and liquidity solutions, which will help ensure that DX.Exchange traders are provided with consistent and attractive trade opportunities. We see the selection in AlgoZ as a vote of confidence in our services and technology and looking forward to providing our various liquidity solutions to the DX.Exchange community," said Nir Dovrat, co-CEO of AlgoZ.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
Kraken Announces Partnership to Enhance Crypto Offerings in German Market
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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