The ongoing presale of DTX Exchange (DTX) has made headlines in the crypto market, reaching the final stage earlier than expected.
Cryptocurrency exchange DTX Exchange (DTX) has announced that it has reached the final stage of its presale earlier than expected due to high demand. The presale has reportedly raised $13,331,176 to date.
DTX Exchange is also running a $100,000 giveaway to attract crypto investors. The exchange is positioned as a competitor to Ripple (XRP), which is currently facing market volatility and trading in a sideways zone.
XRP faces resistance at the $3.10 level, and a breakout could trigger a rally. However, if XRP fails to break past $3.10, another decline may occur, with the first support level being around $3 and the next major support at $2.80.
Meanwhile, DTX Exchange is combining traditional and modern finance through blockchain technology. The DTX token was priced at $0.02 at the beginning of the presale and is currently trading at $0.16, showing a 700% gain for early investors.
The token is set to be listed on major exchanges, which could lead to 100x growth after the launch. It is powered by the VulcanX hybrid blockchain, which supports over 100,000 financial instruments on a single platform.
The exchange will support stocks, crypto, forex, and ETFs, making trading easier. It also offers a leverage of 1,000x, allowing traders to access liquidity of up to $100,000 with a capital of $100.
With an order execution speed of 0.04 seconds, DTX Exchange claims to provide efficiency by reducing slippage and operational costs compared to other trading platforms. The exchange is also aiming to gain the attention of institutional investors through strategic listings on CoinMarketCap and an audit by SolidProof.
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