Founded in March 2018, DCOIN is a global digital asset and derivatives trading platform. Dcoin adopts financial industry standards, the world's leading technical framework, efficient matchmaking, and project selection to provide users with the ultimate trading experience. Dcoin is committed to becoming one of the most popular and trusted cryptocurrency trading platforms, currently providing value-added services to more than 3.5 million users in more than 110 regions around the world.
pros and
consPros:
wide range of cryptocurrencies: Dcoin offers a wide range of cryptocurrency trading options, Provide users with access to a wide range of digital assets.
User-Friendly Interface: Dcoin aims to provide a user-friendly interface that can be used by both beginners and experienced traders. The intuitive design facilitates easy navigation and trading.
Security measures: Dabi emphasizes security and implements measures such as two-factor authentication (2FA) and cold storage for offline storage of cryptocurrencies. These security measures are designed to protect user funds and personal information.
Cons:
non-standard: Dcoin is not regulated, which can be a problem for users who prioritize the security and oversight provided by regulated platforms. The lack of regulation can increase the risk of using an exchange.
Limited trading methods: The only mode of trading Dcoin is through cryptocurrency. Withdrawals always come with hassles, as the fees charged for withdrawals are much higher than the withdrawal transaction fees that are standard in the financial industry.
regulator
Dcoin currently has no regulations in force, which means that no government or financial institution oversees its operations. This makes investing with them fraught with risk.
If you're considering investing in Dcoin, it's important to do thorough research and weigh the potential risks and potential rewards before making a decision. In general, it is advisable to invest in a well-regulated exchange to ensure that your funds are protected.
securityDcoin ensures the security of users' assets through a number of advanced measures and technologies.
dynamic storage: DCOIN employs dynamic storage of user assets, which means that a significant portion of user funds are stored in cold wallets that are disconnected from the internet. This greatly reduces the risk of hacking and unauthorized access.
Separation of hot and cold wallets: Dcoin divides user funds into hot and cold wallets. Hot wallets are used for day-to-day operations and have fewer security measures, but contain a smaller number of assets. Most user funds are stored in cold wallets, which are completely offline and inaccessible to hackers.
HDM Wallet Technology: Dcoin uses Hierarchical Deterministic Multi-Signature (HDM) wallet technology. This technology provides an extra layer of security by using multiple signatures to authorize transactions. It requires multiple private keys held by different parties to authorize any withdrawal or transfer of funds. Even if one key is stolen, the assets remain safe.
HSM Financial Security Technology: DCoin uses a hardware security module (HSMS) to protect sensitive financial information. An HSMS is a dedicated encryption appliance that securely manages and stores encryption keys. By storing private keys in an HSMS, DCOIN ensures that they are protected from unauthorized access or tampering.
available cryptocurrencies
The Dcoin trading platform supports more than 80 cryptocurrencies, providing users with a variety of trading and investment options. Here are some examples of cryptocurrencies available:
Bitcoin (BTC): The first and most well-known cryptocurrency, often referred to as digital gold.
Litecoin (LTC): A peer-to-peer cryptocurrency designed to provide fast and low-cost transactions.
Bitcoin Cash (BCH): A cryptocurrency that emerged as a result of a hard fork of Bitcoin, focusing on faster and cheaper transactions.
Ethereum (ETH): A decentralized platform that enables the creation of smart contracts and decentralized applications (dApps).
MXR: MXR is the native cryptocurrency of Mixin, a platform that provides secure and instant blockchain transfers.
EOS: A blockchain platform that supports the development and hosting of decentralized applications, with a focus on scalability and usability.
feesTransaction
fees: Dcoin charges a transaction fee for each completed transaction on the platform. The current trend is to charge a flat fee of 0.20% for both the originator and taker of the transaction. This means that regardless of whether you place an order that is executed immediately (the taker) or provides liquidity to the order book (the maker), the trading fee percentage for both remains the same.
Withdrawal fees: Dcoin charges withdrawal fees for users who want to transfer funds from the platform to an external wallet. The withdrawal fee is a flat fee of 0.001 BTC per withdrawal. Compared to the average industry standard fee of 0.000812 BTC, Dcoin withdrawal fees are slightly higher. It is important to note that withdrawal fees are calculated on a fixed amount, not as a percentage of the withdrawal amount.
Deposit Fees: Dcoin does not charge any fees for depositing funds to the exchange. Users can transfer their desired cryptocurrency to Dcoin without incurring any fees for depositing transactions.
It is worth mentioning that Dcoin sets different daily withdrawal limits for verified and unverified users. Unverified users have a daily withdrawal limit of 10 BTC, while verified users enjoy a higher withdrawal limit of 100 BTC.
deposits and
withdrawalsDcoin supports a variety of deposit methods to facilitate the deposit of funds into user accounts. Here is a description of the funding methods commonly offered by BigCoin:
bank account: Users can link their bank account to BigPool and transfer funds directly from their bank account to their Dcoin account. This method usually involves initiating a bank transfer or wire transfer from the user's bank to a designated bank account on Megabi.com.
Cryptocurrency Conversion: Dcoin offers a cryptocurrency conversion service that allows users to convert one cryptocurrency to another directly on the platform. Users can deposit a specific cryptocurrency, which can be converted to another cryptocurrency that they themselves support if desired.
ACH Transfers: ACH (Automated Clearing House) transfers are a commonly used electronic funds transfer method in the United States. DCOIN offers support for ach transfers, enabling users to deposit funds directly from their US bank accounts using this method.
Wire Transfer: A wire transfer is a secure and straightforward way to transfer funds from one bank account to another. Dcoin allows users to deposit funds using wire transfer, which means that users initiate a transfer from their bank account to a bank account designated by Dcoin.
