Review on DragonEX by Aman Arora
DragonEx is secured and reliable Crypto trading platform
Dragonex is a exchange based in Singapore and has been in operation since 2018 whichnis relatively new. Exchange has been known largely for Bitcoin Ether and USDT pairs. Exchange was in news in 2019 with hackers attack which suffered a loss of millions but Exchange seems to have recovered from that and now has improved security to handle such attempts and ensure safety and more facility so that users enjoy their services more than ever.
ο»Ώ
Exchange Trading interface is relatively good with interactive chart view and Graphics with quite good liquidation and visible order book. Fees on trades depends on makers and takers with 0.20 & 0.10% for both orders. Dragon Exchange has their own ERC20 token known as DT and exchange pay dividends and discounts to users holding DT tokens. Holders of DT token get a share in Platform revenue & holders can also use DT tokens to enter DT super lottery. DT tokens holders also has voting rights to decide in platform upgrades and token listing.
ο»Ώ
Security provided is through 2FA and SMS binding. Registration is done through mobile number and Dragon Ex has quite interactive Mobile App for both Android and iOs version. As I use web interface but Mobile App is quite smooth and is best for regular users.
ο»Ώ
Pros
- Exchange has built up quite a good trading environment for traders with easy to use charts and execution
- Vastly secured way to use the exchange for both Mobile and web versions
- DT token brings more utilities for users as everyone enjoy dividends and voting power to decide exchange future
Cons
- Exchange has performed well but due to hack users have use caution while using the exchange which is best way to use any Cex
- No availability of Fiat deposit and buying crypto with Card
