Bitcoin Forum

You m kind of interested in exchanges, they seem to be the most easily applicable use of blockchain technology. What’s special about DACX? Would you allow the use of fiat in buying cryptocurrencies?

First of all Thank You for reaching out and posing your question.

Secondly with reference to your question about the product differentiation which we have to offer, is quite as follows;

* Besides the conventional secondary trading of cryptocurrency assets deemed as utility tokens, we would provide markets for STOs, 1:1  fiat backed  stable coins, held in third party segregated custodian accounts. E.g. USD , EUR, GBP, etc

* Fiat gateway and Fiat pairings

* Issue and List commodity backed tokens , e.g. gold, silver , backed by physical underlying held in a custody vault

* Our native fundraising IEO platform DACX FOUNDRY for primary issuance of ICOs and STOs for qualified investors.

* Premium Trade Signals using AI for predictive analytics.

* Fast, Secure and Regulatory Compliant Digital Asset Exchange, mitigating uncertainty and risks.

* Real-Time monitoring Anti Market Manipulation & Anti Money Laundering using machine learning algorithms.

Some announcements would be made in Q3 2019 about further product offerings.

This looks very interesting. A couple of questions please.

1. Could you explain how all the different trading options work together? Could you trade a commodity direct to a cryptocurrency or any other, or would you need to trade to specific trading pairs, then onto the cryptocurrency?
Example, I don't know what commodity would be available so used this as example purpose:
Gold - btc.
Gold - usd - btc

2. What marketing plans are there? Rapidly getting through Q3 and launch is planned soon? The world needs to know about you.

Thanks for your time.

How can you assign physical assets to digital assets?
And how can you prevent suspicious activities of the market?

Thank you Matt for your questions,

1. Trading between them will be limited to available markets/pairs.

2. There will be different launch phases:

Marketing will start at the first phase.

Phase 1 - Launch for registration only (signups and KYC) there will be a referral contest and a leaderbord contest.
Phase 2 - IEO launch on the DACX Foundry,
Phase 3 - Launch of trading on the DACX Exchange, wich will have a trading competition.

Thank you mrvuit for your questions:

1.
DACX Remit Universal Wallet will allow holding and transferring all, but trading between them will be limited to available markets on DACX Exchange. Mapping will be done through custodians.

2.
By hosting advanced security features, DACX implements machine learning for real-time market surveillance to prevent suspicious activities and security threats & utilizes KYC/AML on-boarding for its clients.

As i understand your exchange has been launched already or is this just a test? Are there will be pairs with different alts to STO tokens or just BTC with STO tokens?

Thank you for your question. DACX Exchange is NOT a test nor an MVP. It is a fully working product which currently has phased out two parts and will keep on releasing new features and improvements.

1) Trade
This is the secondary trading market which will go live at the end of the DACX IEO.

2) Foundry
This is the IEO platform for the first/primary offering of any tokenized project. Currently live with the DACX token Offering. More projects to be announced in due course.

Thank You !! We appreciate your support  :) :)

Hi op, can you give me the IEO timeline?
New exchange always get me interested. Could you give me some information that you'll provide to any potential investor?

Here is DACX official bounty campaign: https://bitcointalk.org/index.php?topic=5197112.0

I have visited the bounty of this project but I still don't understand this intention :

   3. The program will run until the end of 2019. The bounties will be paid at the end of the bounty campaign.

is there no definite date for the bounty to end?

IEO is scheduled to run till 10th of January 2020. If you want to stay up to date with latest infromation, best to follow our telegram and twitter handles.

Bounty campaign would be on going till all its objectives and allocations are met as stated on the projects bounty page.

Please post that in the DACX official bounty campaign thread:

https://bitcointalk.org/index.php?topic=5197112.0

I saw the latest information from flatfrom providing language features to provide convenient services for traders,
its very good

IN TELEGRAM CHAT is pinned message-distribution for participants will be in january 2020, so easy then

License is very important in exchange. As DACX part of the Global Financial Innovation Network which was created by the UK’s FCA then it has an advantage in the region in terms of market which was appealing for investors.

They will use Identity Mind Global for Compliance with AML and CTF to ensuring that their regulatory obligations are completely met in this particular area.

How much withdrawal will be available without KYC?

H, can I get bounty telegram link plrease here? Thank you in advance.

As the team have not been active on social media lately they are active only on telegram group so you may have to channel your question to their telegram group,
https://t.me/OfficialDacx