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Dcoin Review – Is Dcoin Scam or Legit?

Dcoin Exchange Rating
Conclusion
Read our Dcoin review and learn why we recommend this exchange for online trading and why it is not a scam, learn all you need to know in this Dcoin review before you sign up with the exchange.
Account Types
9.3
Trading Speed
8.9
Customer Service
9.1
Safety
9.4
9.2

Dcoin Review

Dcoin logo

Because the market for cryptocurrency exchanges is so crowded, it’s easy to become lost amid all of the companies and their offerings. Some exchanges attempt to attract the user’s attention by making bold assertions that are not necessarily genuine. Before deciding on the best exchange, it’s critical to compare cryptocurrency exchange fees, as different organizations have various pricing models. Some require you to pay trading commissions. Others prefer percentage fees or have paid for additional features. Crypto exchanges with intuitive and simple-to-use interfaces are a terrific find, especially for individuals who are new to crypto trading and may become disoriented. So, we are offering you a this Kickex exchange review so you can have happy, comfortable feelings when using this platform, especially when it comes to investing.

Before deciding on the best exchange, it’s critical to compare cryptocurrency exchange fees, as different organizations have various pricing models. Some require you to pay trading costs, while others desire percentage fees or have paid for additional services. Unsurprisingly, security is at the top of the list of the most critical bitcoin exchange characteristics. Customers must be certain that their investments are secure with the bitcoin exchange of their choice. It is crucial to know that not all cryptocurrency exchanges accept the same payment methods. Some only accept bank wire transfers, some only accept Visa or Mastercard, while others only accept cryptocurrency. Whatever the case may be, it is critical to determine your chosen method of payment. When you’ve determined your selections, look for crypto exchangers that can provide them to you.

Whether you are a fan of mainstream coins or more esoteric ones, knowing what types of cryptocurrencies are offered by specific exchanges is important before selecting one. Nobody wants to run into issues when utilizing bitcoin exchanges. Even if they don’t, it’s reassuring to know that someone will be there to assist you in resolving any issues, concerns, or questions you may have. When comparing cryptocurrency exchanges, consider the quality of customer care since it speaks a lot about the exchange itself.

Exchange platformDcoin
Websitewww.dcoin.com
Variety crypto  80
Account neededYes
VerificationMandatory
Verification levels2
Trading PlatformWeb-based, Mobile
Payment MethodBank account, Crypto Conversion, ACH transfer, Wire transfer, Debit/Credit card,
Customer SupportPhone, Telegram, Email, Twitter

What is Dcoin

The Dcoin trading platform is a world renowned digital asset trading platform, primarily providing cryptocurrency trading services for Bitcoin, Ethereum, Lite Coin, and other cryptocurrencies. Dcoin was formed by blockchain and cryptocurrency enthusiasts, with core members coming from Google, 360, Baidu, and other well-known IT firms. Collinstar Capital, JRR, and others are among the Dcoin investing institutions.

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Dcoin website

With its financial industry-standard security and technology, the Dcoin trading platform provides investors with a safe and stable trading environment while ensuring transactions are completed safely and effectively. The platform is built on the world’s most advanced technical framework. It is a technical scheme based on Amazon AWS and Google Cloud that effectively prevents DDOS attacks, supports dynamic and static data separately, hot data caching, parallel expansion, disaster recovery, and effectively avoids common errors and vulnerabilities via a series of detection and optimization to secure all user transactions.

The Dcoin trading platform promotes the concept of transparency, openness to all participants, and sharing the benefit of blockchain, allowing anyone to trade in digital assets. Dcoin thoroughly investigates and analyzes all cryptocurrencies available for trading on the platform to protect investors’ rights and interests and collaborate with cryptocurrency developers to attract additional investment. Dcoin’s major purpose is to create a quick, simple, and secure platform for investors to invest and trade their digital assets.

Dcoin Trading Services

The Dcoin Exchange trading platform follows the concept of transparency, openness to all users, and sharing the benefit of blockchain, allowing anyone to trade in digital assets. Dcoin thoroughly investigates and analyzes all cryptocurrencies available for trading on the platform to protect investors’ rights and interests and collaborate with cryptocurrency producers to attract additional investment. Dcoin’s major purpose is to create a quick, simple, and secure platform for investors to invest and trade their digital assets. Dcoin Exchange, like many other exchanges, does not accept US investors on its platform.

Dcoin Exchange’s trading platform also supports leveraged trading. This means that you might gain greater exposure to a specific cryptocurrency’s price increase or drop without owning the requisite assets. This is accomplished by “leveraging” your trade, which essentially implies borrowing from the exchange to gamble more.

Assume you have $10,000 in your trading account and place a $100 wager on BTC going long (i.e., increasing value). You use 100x leverage to accomplish this. If the value of BTC rises by 10%, you would have won $10 if you had wagered $100. You have instead gained an additional $1,000 by betting $100 with 100x leverage ($990 more than if you had not leveraged your deal). On the other side, if the value of BTC falls by 10%, you will have lost $1,000 ($990 more than if you had not leveraged your deal). As a result, as you might expect, the risk-reward balance in leveraged transactions is extremely fine-tuned (there are no risk-free profits).

Dcoin Fees

Trading fees are, of course, highly essential. The exchange charges you a trading fee every time you place an order. The trading charge is often a percentage of the trade order’s value. Many exchanges collect what are known as taker fees from takers and maker costs from manufacturers. The order-takers are the individuals who “take” orders from the order book. This means they withdraw order options from the order book, removing liquidity. Makers are responsible for placing orders in the order book in the first place.

The most common alternative is to impose “flat” fees. Flat fees imply that the exchange costs the same fee to both the taker and the manufacturer. This exchange does not divide takers and makers but instead charges a flat fee of 0.20 percent of the order amount.

0.20 percent is comparable to the current industry average. For a long time, the industry average was 0.25 percent, but we are now seeing a movement toward lower fees. Instead, many exchanges now charge 0.10 percent or 0.15 percent. Perhaps Dcoin Exchange may follow suit, but fees are set at 0.20 percent for every trade for the time being.

Withdrawal and Deposit Fees

Withdrawal fees are often a predetermined amount that changes depending on the coin. Many exchanges, however, charge a percentage of the withdrawn amount as a withdrawal fee. This exchange assesses the standard fixed withdrawal cost. When you withdraw BTC from Dcoin Exchange, you will be charged 0.001 BTC. This is comparable to, or slightly more than, the global industry standard BTC-withdrawal charge. The average BTC-withdrawal cost in the global industry is 0.000812 BTC every BTC-withdrawal. Overall, Dcoin Exchange’s fees are in line with industry norms.

Because this exchange only accepts cryptocurrencies as a deposit option, novice crypto investors cannot trade here. If you are a novice crypto investor and want to start trading at this exchange, you must first purchase cryptos from another exchange and then deposit them here as a second step.

Dcoin API

Dcoin API lets users use third-party applications to create orders, cancel orders, retrieve available balances, and create new deposit addresses. This API is a single-purpose API with a RESTful architecture that employs an API Key authentication scheme. It accepts XML responses as well as JSONP, URI Query String/CRUD requests. Dcoin has a rapidly growing community, with many developers eager to interact with this platform. This API is also extremely extensively documented.

The platform’s API is among the best in the business. The API design makes evaluating real-time data via a WebSocket feed relatively simple. You may also use the trading API to create extremely secure automated trading bots.

Dcoin Limits and Liquidity

All tradable assets, like cryptocurrencies, require liquidity. Low liquidity levels indicate that market volatility is present, resulting in price surges in cryptocurrencies. On the other side, high liquidity indicates a stable market with low price changes.

As a result of the increased number of market participants, it is easier to purchase or trade cryptocurrencies in a liquid market as trading orders are filled more quickly. Given the fast-paced dynamics of the cryptocurrency markets, this essentially means that a trade can be entered or exited at any time.

When dealing with cryptocurrencies, it is critical to understand the concept of liquidity. In terms of liquidity, it is the ability of an asset to be changed into cash fast. It refers to the simplicity with which a coin can be changed into cash or other currencies in the context of cryptocurrency liquidity.

Dcoin appears to be very widely known for the majority of popular coins, like Bitcoin, Ethereum, Bitcoin CashLitecoin, and new cryptocurrencies, which have finalized their ICO, which means it is an excellent exchange if you’d like to buy cryptocurrencies at the very beginning of their trading journey.

Dcoin Portfolios

The Dcoin exchange, focusing on technology, develops the world’s top matching engine, allows 1,000,000/s concurrency, and has a stable and trustworthy system structure, offering users safe and dependable asset storage and clearing and transaction services. Dcoin fully supports dynamic and hot data caching, static data separation, and parallel expansion. Dcoin has financial tier security technology standards in place to secure users’ assets and transaction ease.

This function is intended for advanced traders, as newcomers and averagely experienced investors may not find it useful. Users have control over their funds using tools like these, and they can invest as they see fit. Aside from improving the trading experience, portfolios can also aid with risk management.

Supported Cryptocurrencies

As per CoinMarketCap, Dcoin has over 96 markets for ~80 cryptocurrencies like BTC, LTC BCH, ETH, DAG, MXR, EOS. Moreover, you can also get tokens like DADI, DC, OMG, etc. You can buy crypto with 18 added fiat currencies on DCoin through the Banxa, Simplex, and OTC platforms. The supported fiat currencies include EUR, AUD, GBP, CNY, RUB, NZD, JPY, KRW, DKK, VND, IDR, CAD, ZAR, CHF, HUF, CZK, PLN, ILS, SEK, TRY, NOK.

The list is extensive. We can see that Dcoin has assembled an exciting mix of very well-known cryptocurrencies and a couple unknown newbies to the market. On this cryptocurrency exchange, we can trade in a variety of pairs. New cryptocurrencies are often launched to the platform using a vote method in which users determine which currency appears first in the offer. It is a tried-and-true type of activity that devoted traders support since it allows them to define the cryptocurrency exchange’s offer and have a big impact on its development. You should be aware that there are two stable coins available for trading: TUSD and USDT. It’s worth investigating the Dcoin token (additional information on the Dcoin token can be obtained on their website), which could be an excellent investment option.

How secure is Dcoin?

Exchange of Dcoin To safeguard users’ assets, it employs dynamic storage, cold and hot wallet separation, HSM financial security technology protection, HDM wallet technology, and other techniques. The exchange itself implements other security precautions. For example, money cannot be withdrawn from an account 24 hours after changing the password, utilizing the “forgot password?” option, or disabling two-factor authentication. As a result, if hacking occurs, there is more time to prove that harmful behavior occurred.

The company provides many layers of security. The consumer should perform any security-related actions. First of all, the user must generate a strong, one-of-a-kind password. Enabling the 2-factor authentication option is another vital security measure. Install an authentication app like Google Authenticator on your device and use it to scan the QR code . Scanning the QR code provides a security token in the app, which starts creating one-time passwords required every time someone tries to access an account, withdraw funds, or do anything else. It is unlikely to inflict any harm until access to the account owner’s mobile device is obtained (even if the login and password

Its security features include:

  • An intelligent monitor that monitors the fund transfer process and suspends it if suspicious behavior is detected.
  • Distributed DDoS defense, remote flow cleaning
  • Strengthening mechanism for hot wallets, operation wallets, and cold wallets.
  • Intrusion prevention penetration
  • Encrypted user data storage and remote catastrophe tolerance.
  • System for security maintenance and operation

User Interface

The Dcoin exchange platform is available in-browser as well as desktop client software that must be downloaded. Because trading platforms are quite heavy, having downloading software that handles the majority of the work means eliminating the possibility of a browser experiencing memory and processing issues, as well as potentially freezing. Because Dcoin’s exchange platform is more professional, it places a higher demand on hardware than the ordinary cryptocurrency exchange.

The exchange platform is well-designed and mimics high-quality standard financial market trading platforms. A charting package is also an important tool that anyone with trading knowledge will enjoy. Dcoin Exchange is a staff with over ten years of experience that has designed a million-level TPS match engine, allowing users to seize the opportunity and execute speedy trades.

Customer Support

Dcoin provides customer service via an email-based ticketing system, a phone number, and various messaging apps and social media outlets. The response to support levels has been varied, with some online complaints about slow response rates or failure to handle problems. In general, it appears that the exchange’s processes and approach are rather rigid, but users who know this and take appropriate action report minimal issues.

Dcoin Token

Dcoin, the world’s top Cryptocurrency change, has announced that it would issue platform token DT via the Multi-Chain Resonance version, making it the first of its kind in a digital world to release a platform token for its eco-device.

The Dcoin transaction was incubated by JRR Crypto, an investor who successfully invested in Binance and dug deep into the crypto-exchange track. Dcoin, which aims to be an economic stage virtual assets and derivatives trading platform, is ranked thirty-first on Coinmarketcap, a stable and nice fulfillment for a rookie. Dcoin’s core team is comprised of executives from well-known online companies such as Baidu, Google, and 360. Dcoin has recently established operations in Singapore, Switzerland, Seoul, and Hong Kong. Dcoin has established a client base of over 100,000 day-to-day active investors and customers dispersed over South Korea, China, Southeast Asia, and ECU international areas after nearly half a year of operation.

Dcoin Token (DT) is a worldwide utility Token created with the ESPBC foundation for Dcoin commerce and its eco-device. Dcoin holders may be able to take part in Dcoin community autonomous co-creation.

Conclusion

With its financial industry security and technology, the Dcoin Exchange trading platform offers investors a safe and secure trading environment while ensuring transactions are completed safely and efficiently. The platform is built on the world’s most advanced technical framework. It is a technical scheme based on Amazon AWS and Google Cloud that helps stop DDOS attacks, supports dynamic and static data separately, hot data caching, parallel expansion, disaster recovery, and effectively avoids simple mistakes and vulnerabilities via a series of optimization and detection to safeguard all user transactions.

The Dcoin Exchange trading platform upholds the concept of transparency, openness to all participants, and sharing the benefit of blockchain, allowing anyone to trade in digital assets. Dcoin thoroughly investigates and validates all cryptocurrencies available for trading on the platform to protect investors’ rights and interests and collaborate with cryptocurrency creators to ensure continued growth. Dcoin’s major purpose is to create a quick, simple, and secure platform for investors to invest and trade their digital assets.

Dcoin Exchange Rating
Conclusion
Read our Dcoin review and learn why we recommend this exchange for online trading and why it is not a scam, learn all you need to know in this Dcoin review before you sign up with the exchange.
Account Types
9.3
Trading Speed
8.9
Customer Service
9.1
Safety
9.4
9.2

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Shelly Melancon (Switzerland)

Shelly is a cryptocurrency enthusiast from Switzerland, she bought her first crypto in 2015 when it was way less popular then it is today and since 2017 she has been writing about cryptocurrency for online news portals. Shelly is the newest addition to the Tokenhell team, she writes mostly news and reviews related articles , stay tuned to her posts to stay up to date with the crypto world.

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