Datassets exchange new zealnd
Datassets Exchange (DAX) is a digital asset exchange based in New Zealand. Here are some key points about DAX:
Overview: DAX is a cryptocurrency exchange that allows users to buy, sell, and trade digital assets such as Bitcoin, Ethereum, and other cryptocurrencies.
History: DAX was founded in 2018 and is headquartered in Auckland, New Zealand.
Regulation: DAX is regulated by the New Zealand Financial Markets Authority (FMA) and is a registered financial service provider (FSP) under the Financial Markets Conduct Act 2013.
Features: DAX offers a range of features, including:
- Trading: Users can buy and sell digital assets on the exchange.
- Wallet: DAX provides a secure digital wallet for users to store their assets.
- API: DAX offers an API for developers to integrate with the exchange.
- Mobile app: DAX has a mobile app for Android and iOS devices.
Assets: DAX currently supports the following digital assets:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Bitcoin Cash (BCH)
- Ripple (XRP)
- Tether (USDT)
Security: DAX prioritizes security and has implemented various measures to protect user assets, including:
- Cold storage: DAX stores a majority of its assets in cold storage, which is not connected to the internet.
- Two-factor authentication: Users must complete two-factor authentication to access their accounts.
- Encryption: DAX uses encryption to protect user data and transactions.
Fees: DAX charges various fees for trading, including:
- Maker fee: 0.2% for makers (those who place limit orders)
- Taker fee: 0.3% for takers (those who place market orders)
- Withdrawal fee: 0.0005 BTC (or equivalent) for withdrawals
Customer support: DAX offers customer support through email, phone, and online chat.
Partnerships: DAX has partnered with various companies, including financial institutions and fintech startups, to expand its services and reach.
Overall, Datassets Exchange (DAX) is a reputable digital asset exchange that offers a range of features and services to its users. However, as with any cryptocurrency exchange, it's essential to do your own research and due diligence before using the platform.