What is Dcoin?
Dcoin Exchange, a relatively new cryptocurrency exchange based in Switzerland, has been in operation since May 2018, boasting impressive trading volumes despite its short time in the market.
Liquidity
Despite its youth, Dcoin Exchange has demonstrated substantial liquidity, with a trading volume reaching approximately USD 982.7 million as of December 2, 2021.
Team
The exchange's team comprises individuals from notable tech companies such as Google, Baidu, 360, and other renowned IT companies, ensuring a strong foundation of expertise.
Advantages
Dcoin Exchange emphasizes three key advantages: security, efficiency, and an intuitive user experience. The platform also offers 24/7 customer support, accommodating users in different time zones.
Leveraged Trading
Dcoin Exchange provides users with the option of leveraged trading, allowing for increased exposure to cryptocurrency price movements without possessing the full asset value. The platform enables users to leverage their trades, amplifying potential gains or losses.
US-Investors
Notably, Dcoin Exchange does not accept US investors on its platform, and users from the US are encouraged to explore alternative exchanges accepting US investors through tools like the Exchange Finder.
Mobile Support
Dcoin Exchange offers a mobile application, catering to users who prefer trading on the go. The platform is accessible on both iPhones and Android devices.
Trading Fees
The exchange charges a flat trading fee of 0.20% of the order value, aligning with the current industry average. While the industry has seen a trend toward lower fees, Dcoin Exchange maintains its fee structure for now.
Withdrawal Fees
Withdrawal fees on Dcoin Exchange follow the industry norm, with a fixed withdrawal fee of 0.0005 BTC for Bitcoin withdrawals. This fee is in line with or slightly below the global industry average.
Deposit Methods
Dcoin Exchange exclusively accepts cryptocurrency deposits, limiting options for new crypto investors. Prospective traders are advised to acquire cryptocurrencies from another exchange before initiating trades on Dcoin Exchange. The Exchange Finder tool can assist in locating suitable entry-level exchanges.
What are the trading fees on Dcoin?
The exchange charges a flat trading fee of 0.20% of the order value, aligning with the current industry average. While the industry has seen a trend toward lower fees, Dcoin Exchange maintains its fee structure for now.
Does Dcoin offer leverage trading?
Dcoin Exchange provides users with the option of leveraged trading, allowing for increased exposure to cryptocurrency price movements without possessing the full asset value. The platform enables users to leverage their trades, amplifying potential gains or losses.