Which exchange is the earliest for dKargo (DKA) currency?

Bybit became the pioneering exchange to launch DKA trading in November 2022, introducing the asset to the mainstream cryptocurrency market.

Dec 20, 2024 at 07:04 am

Key Points:

• Understanding dKargo (DKA) Currency
• Identifying the Earliest Exchange for DKA Trading
• Establishing Exchange Listings and Trading Pair Availability
• Analyzing DKA's Trading History and Market Performance
• Assessing Market Capitalization, Volume, and Volatility

Article Content:

Step 1: Understanding dKargo (DKA) Currency

dKargo (DKA) is a decentralized digital asset designed for the logistics and supply chain industry. It facilitates efficient cargo management, tracking, and payments by leveraging blockchain technology. DKA empowers stakeholders with transparent and immutable record-keeping, enhanced supply chain efficiency, and improved accessibility to financing.

Step 2: Identifying the Earliest Exchange for DKA Trading

The earliest known exchange to list DKA and facilitate its trading is Bybit. Bybit is a reputable cryptocurrency exchange headquartered in Singapore. It has established itself as a reliable platform for trading various digital assets, offering enhanced security, high liquidity, and competitive trading fees. Bybit's listing of DKA marked a milestone in the cryptocurrency circle, introducing the asset to a wider audience of traders and investors.

Step 3: Establishing Exchange Listings and Trading Pair Availability

Following the initial listing on Bybit, DKA has gradually gained exposure and acceptance within the cryptocurrency community. Several other respected exchanges have since added DKA to their platforms, including KuCoin, Gate.io, LBank, and MEXC Global. These exchanges provide additional liquidity, enabling traders to buy, sell, and trade DKA with greater ease and flexibility.

Step 4: Analyzing DKA's Trading History and Market Performance

DKA trading has witnessed significant volatility since its inception. The price has fluctuated based on market demand, supply, and global economic conditions. By tracking DKA's trading history and market performance, traders can gain insights into its market behavior, identify price trends, and make informed investment decisions. Market data analytics platforms provide comprehensive data on DKA's trading volume, order book depth, and price movements.

Step 5: Assessing Market Capitalization, Volume, and Volatility

Market capitalization refers to the total value of all DKA coins in circulation. It is calculated by multiplying the current market price by the circulating supply. Volume represents the total amount of DKA traded within a specified period. Volatility measures the degree of price fluctuations over time. Monitoring these factors helps traders assess the liquidity, stability, and potential risks associated with DKA trading.

FAQs:

Q: When was DKA first listed on an exchange?
A: DKA was first listed on Bybit in November 2022.

Q: Which exchanges currently offer DKA trading?
A: Bybit, KuCoin, Gate.io, LBank, and MEXC Global currently list DKA.

Q: What trading pair(s) is DKA available in?
A: DKA is primarily traded against the Tether (USDT) stablecoin, but availability may vary across different exchanges.

Q: What are the primary use cases for DKA?
A: DKA is primarily used for efficient cargo management, tracking, and payments within the logistics and supply chain industry.

Q: Can DKA be used to stake or generate passive income?
A: Currently, DKA staking is not supported or offered through any exchanges or platforms.