Hello everyone, this new post I want to introduce about a very interesting and good project that is Daxico, and for more details, let's just go to the following discussion:
Daxico is a new exchange, wallet and peer-to-peer cryptocurrency payments platform. While the main usage is as a place for customers to trade, we can also use it for saving our crypto or doing peer-to-peer payments. Even though it is new, Daxico claims that they connected with or provide liquidity to ensure the best trading experience. Can you use this platform as an alternative exchange, or even use this as your main exchange? Before you answer that, you should know more about Daxico.
More than just an exchange, Daxico is three powerful applications in one. It allows users to exchange crypto currencies, store various digital assets in a secure wallet, and send peer-to-peer payments seamlessly. Daxico has the features of a bank, an exchange, and a peer-to-peer payment system. It is truly a one-stop destination for all cryptocurrency needs.
Targeted at crypto-novices and professional users alike, Daxico has an intuitive user interface. Its features are familiar to anyone, who used online banking. All assets are kept in in accounts with the same send/receive interface regardless of the underlying asset. The exchange has an intuitive basic interface and an advanced interface with charts and graphs for professional traders.
Experience the power of Daxico exchange. Over 100 digital asset pairs are traded. Daxico features low spreads, high volume, and lightning-fast execution speed. Enjoy the low commissions, and get free trading for the first three month!
Daxico does more than just storing digital assets. It provides what techies call an "abstraction layer" for the various underlaying blockchains. In other words, a user does not need to learn differences between Bitcoin, Ethereum, and other digital assets to use all of them. In addition to the ease of use, the Daxico wallet provides great flexibility, security, and privacy features in managing your digital assets.
Create accounts to store multiple assets. Over 100 assets are supported. Use them in exactly the same intuitive way with send and receive functionality.
Users can create multiple accounts for the same asset for one user. One may create a savings, a trading, or a different type of account. Or, a user may create an account they user for personal needs, to share with a family member, or for business purposes.
And, each account can have more than one user. This feature is similar to joint or corporate accounts at banks. Add a family member or a trusted employee to your account and grant him or her different access levels. Or, grant account access to a professional trader to manage your digital asset investments.
STATE OF THE ART SECURITY
All asset withdrawals and important account changes are protected by Two Factor Authentications with a code generator. Daxico supports all popular code generators such as Google Authenticator and Authy. The wallet also allows setting up trusted withdrawal addresses, to which a user can send funds without two factor authentications up to a specified limit. Daxico does not use email or SMS authentication, as it is not secure.
Daxico will never ask you for your email or phone number. These commination methods are not secure enough for a digital asset platform. So, we never send you any promotions, spam, or anything at all! However, users have to take special care not to lose access to their accounts. They need to make sure to generate a mnemonics recovery seed and store it in a secure place. Access to an account can only be restored with that recovery seed.
Free P2P Payments
Users can transfer funds to other users for free, always. What else is there to say! Send cryptocurrency to family and friends. Or, pay to your company employees or contractors. No need to pay miner fees or wait for blockchain confirmations. Transfer funds anywhere instantly and free.
UI & UX
If you visit the website, Daxico will greet you with a login/registration page. After you log in, you'll enter the app site which has blue and white color as the main color. There is a left side-bar which you can use to navigate the platform. Everytime you click one of the navigation button listed there, you'll be directed to another page.
The interface is quite straight forward. For example, the Buy/Sell page will redirect you to an instant buy/sell page where you can sell your crypto directly (possibly according to the market price at the moment you submit your order). Select the asset you want to buy/sell, which asset you want to receive in return and which wallets that you use. After that, submit your order.
If you click 'Trade', you'll go to the trading platform where you can place an advanced order, make a limit or spot order. The trading page looks quite nice, with more or less a black/night theme, unlike the main page. I personally like this better. It's also fast, even though I don't use it to trade yet, I can navigate the platform quite easily. We need to wait if we want complex features such as technical indicator though.
My overall impression for Daxico is great, even though there are several issues that need to be addressed such as team details (don't want to be scammed and can't sue later), technical features and so on. But if you don't mind those two, Daxico looks like a solid alternative if you want to exchange anonymously. Yes, you don't have to go through unnecessary KYC/AML here if you want to trade, and it also protects your privacy.
To find more relevant details please follow several sources for the following references:
ANN THREAD: https://bitcointalk.org/index.php?topic=5084070
Bitcointalk username: Sinseykoin