Dcoin is a centralized crypto exchange founded in 2018. The exchange provides users with an advanced trading environment that features a matching mechanism, dynamic storage, advanced security defense, and multi-chain support.
In order to register on the exchange, users do not need to pass through the KYC process. However, if they want to start trading with a limit of 2 BTC, they must pass through the basic KYC process. Additionally, if they want to trade with a limit of 100 BTC, they must pass through the advanced KYC process.
The platform is accessible through both – web and mobile devices. However, people from the US are restricted from using the platform's services.
Markets
The main trading option is the Dcoin spot market. The exchange's spot market has over 120 Dcoin trading pairs. The most popular pairs based on the Dcoin trade volume are BTC/USDT, ETH/USDT, and XRP/USDT.
Leveraged trading is also supported by the Dcoin crypto exchange, giving investors greater market exposure with less initial capital. To put it simply, this implies that they can borrow the funds they need from their broker to place additional bets, but the profit or loss is determined by the overall amount.
Orders on the exchange can be filtered into Price Priority and Time Priority. While orders filed first for the same price receive Time Priority, Price Priority means that orders for greater purchases and lower sales take precedence over requests for lower purchases and higher sales.
The native asset of the Dcoin cryptocurrency exchange is the DT token. It's an ERC-20 token that acts as proof of membership, a governance token, a revenue-sharing method, a reward token, and so on.
Talking about Dcoin exchange fees, both makers and takers have to pay a flat 0.2% fee for each order. Besides, there is no fee for deposits on Dcoin. However, these deposits are free. In terms of withdrawals, the Dcoin crypto fee depends on the chosen asset.
Other Services
The exchange provides users with a 6-tiered Membership Mechanism. The tiers are based on the amount of local scores, referred to as Dots, users earn. These points can be acquired through trading, introducing new traders, and taking part in various community events. Users who have the required number of Dots can raise their VIP level and receive more USDT Rewards.
Dcoin also allows users to mine Filecoin assets. The asset runs on the Proof-of-Spacetime algorithm, on which miners who store data can create new blocks.
Moreover, the exchange offers a Copy Trading service. It allows traders to copy the trading techniques of other successful traders. The traders from whom the techniques get copied earn rewards.
Lastly, the platform also has a Welfare Center where users can earn rewards by completing simple tasks on the platform.
About the Company
Dcoin was launched in August 2018. The company has headquarters in Singapore and operation centers in Hong Kong, Seoul, and Switzerland. The core team of Dcoin has worked at tech giants like Google and Amazon. However, there is no information available about the founders.
The Dcoin company has developed various partnerships with multiple crypto projects. This includes Crypto Valley, BitDATA, NEIRONIX, NT BLOCK, TOKENPOST, Xangle, and Cashierest.
