Key takeaways from this review:
- It is a secure and regulated platform for trading cryptocurrencies.
- Offers a wide variety of cryptocurrencies to trade.
- Dcoin Exchange has a user-friendly interface that makes it easy to buy, sell, and trade cryptocurrencies.
Dcoin Pros & Cons
What is Dcoin?
Dcoin Exchange is a global trading platform for digital assets and derivatives. It was founded in 2018 by a team of blockchain and cryptocurrency enthusiasts. Dcoin Exchange is headquartered in Singapore and has operation centers distributed globally.
Dcoin Exchange offers a wide variety of cryptocurrencies to trade, including both popular coins, such as Bitcoin and Ethereum, as well as more obscure coins.
Dcoin Exchange is a regulated platform by the Financial Market Authority (FMA) in Switzerland. This means that Dcoin Exchange is subject to a number of regulations, which helps to ensure the safety of user funds.
Dcoin Product & Features
Dcoin Exchange has a number of security features in place to protect user funds. These include two-factor authentication, cold storage, and regular security audits.
Two-factor authentication adds an extra layer of security by requiring users to enter a code from their phone in addition to their password. Cold storage is a method of storing cryptocurrency offline, which makes it more secure from cyberattacks. Regular security audits help to identify and fix any security vulnerabilities that may exist.
Here are some of the key features of Dcoin Exchange:
- Security: Dcoin Exchange has a number of security features in place to protect user funds, including two-factor authentication, cold storage, and regular security audits.
- Liquidity: Dcoin Exchange has a good amount of liquidity, which means that it is easy to buy and sell cryptocurrencies at a fair price.
- Fees: Dcoin Exchange has relatively high fees, both for trading and for withdrawals.
- Interface: Dcoin Exchange has a user-friendly interface that makes it easy to buy, sell, and trade cryptocurrencies.
- Regulation: Dcoin Exchange is a regulated platform by the Financial Market Authority (FMA) in Switzerland.
Dcoin Customer Support
It has a user-friendly interface and offers customer support through live chat, email, and social media. Can be difficult to get in touch with customer support during peak trading hours. Their customer support is totally not knowledgeable about the platform.
Can US Citizens Use Dcoin Exchange?
No, US citizens cannot use Dcoin Exchange. Dcoin Exchange is not available to US citizens due to regulatory restrictions. The US Securities and Exchange Commission (SEC) has not approved Dcoin Exchange as a securities exchange, and therefore US citizens are not allowed to trade on the platform.
Dcoin Trading Fees
Dcoin Exchange charges a maker-taker fee system for trading. This means that the fees you pay depend on whether you are adding liquidity to the market (making a trade) or taking liquidity from the market (taking a trade).
The maker fee is 0.2%, and the taker fee is 0.2%. This means that if you make a trade, you will pay 0.2% of the trade value in fees. If you take a trade, you will pay 0.2% of the trade value in fees.
Dcoin Exchange charges a withdrawal fee of 0.0005 BTC for bitcoin withdrawals, for other cryptocurrencies you can check their fees here.
There are a number of other cryptocurrency exchanges that offer similar features and services. In this section, we will take a look at some of the most popular Dcoin alternatives.
Here are some of the most popular Dcoin alternatives:
- Binance is one of the most popular cryptocurrency exchanges in the world. Offering a wide range of trading pairs and low fees. It also has a user-friendly interface and a variety of security features.
- Kraken is a great option for those who want to trade with high liquidity and low fees. It also offers advanced features such as margin trading, futures, and staking.
- Huobi is a large cryptocurrency exchange that is based in China. It offers a wide range of trading pairs, low transaction fees, and a user-friendly interface.
- Bitfinex is a well-known cryptocurrency exchange that is known for its high liquidity. It offers a wide variety of cryptocurrencies to trade, as well as margin trading and margin funding services.
How to Sign Up On Dcoin exchange?
Here comes the step by step instructions on how you can sign up on Dcoin exchange.
- Visit Dcoin Exchange and click “Sign Up”
- Enter your email address, create a password, and click “Sign Up Now”
- Check your email inbox for a confirmation link.
- Click the link to activate your account.
- Log in to your account with your email address and password.
- Complete the KYC verification process.
- Start trading on Dcoin Exchange.