|Number of currencies handled
||Over 15 types
DragonEX Account Registration method
- First, click “Sign Up” in the upper right corner from the DragonEX top page
- Then set up your email address and password.
- After setting the mail address and password, click “Get code”
- Since an e-mail code is sent to the registered e-mail address.
- If you click “Get code”, there is a time limit of 60 seconds, so let’s input within 60 seconds.
- Finally, check the agreement of the terms of service and check “Sign Up” and register your account with DragonEX .
DT Issued Rules
Since Genesis Block launched, Smart Contracts were issued 3650 times in all, with 24 hours as a interval and 365 times as a cycle.
In the first cycle, DragonEx will issue 51,200 DT. After that, each cycle will issue 50% less than the previous cycle.
51,200 DT are released daily in the first cycle, after that the releasing amount will decrease 50%, compared with the previous cycle.
DT Distribution Terms
DragonEx records the daily mining, and each Smart Contract cycle begins from 0:00:00 to 23:59:59 Singapore time each day. After issuing DT in each cycle, DragonEx distribute the new issued DT to miners account the next day according to the mining data.
DT Dividends Terms:
①Every day, 100% of the trading fees earned by DragonEx are distributed to users according to how much DT they hold.
②DragonEx snapshots each DT holder’s account balance at 23:59:59 every day.
As the DT minded will be received to the account the next day, the total dividends for each user on that day= snapshot data + DT mined on that day. The dividends will be distributed to holders’ account in the form of Currencies Combination② the next day.
A few altcoins
at the time of writing DragonEX supports trading in: BTC, BCH, ETH, USDT, NEO, QTUM, EOS, SAFE, KNC, ABT, LRC, KNC and a few less popular tokens. This is is a decent line-up for such a young project and is likely to expand in the future. Interestingly enough trading is done against USDT and ETH.
the costs of trading at DragonEX are close to the industry averages, with 0.20% being the rate for both makers and takers. Some other venues have lower rates for those who place orders in the book, rather than taking the best possible price instantly.
Own token, profit sharing scheme
DragonEX has their own token, which is exclusively traded at the exchange (and also occasionally “dropped” into user’s accounts. The token will be used as a mechanism to share the profit, generated from trading fees with the users. We can’t comment on it’s potential as an investment.
DragonEX is a rather new cryptocurrency exchange, which targets the Chinese market. The company supports the conversion of Renminbi to USDT coins. We are a bit surprised how quickly the volumes on this exchange have picked up, given the fact they aren’t very friendly towards foreigners..0.0