8th May 2019: Crypto trading exchange ParamountDax has announced the launch of its ready-to-use cryptocurrency exchange and the first OTC (over-the-counter) crypto trading desk in Europe, allowing brokers to trade with each other via a dealer network. The exchange already has a licence, and is one of very few cryptocurrency platforms to have this granted pre-launch. The fundraising ICO will go live on 18th May 2019.
The platform aims to serve the needs of the cryptocurrency community, with users being able to trade on the secure and regulated platform with ease. ParamountDax’s platform is built completely from scratch by the company’s own developers, and as such, the exchange is unique. The OTC feature allows sale and purchase of large crypto assets with no need for a lawyer as the exchange is regulated, therefore it makes institutional trading easy for customers.
The platform interface welcomes contribution to their API from third-party developers, meaning there will be more new features for customers and benefits to the platform in the future. Users can trade directly from the charts on ParamountDax Exchange with the Trade From Chart (TFC) capability, giving users a toolkit and interface to generate orders for more than one asset, rather than having to go to the order book to do so.
The exchange enables both crypto-to-fiat and fiat-to-fiat trading, including a seamless service of over 100,000 transactions per second in the first stage. ParamountDax aims to become the fastest cryptocurrency exchange in the world, achieving over 1,000,000 transactions per second. There is also an intuitive user interface and a customisable dashboard, and real-time multi-lingual customer support to help users with potential issues.
Fabio Doria, Co-Founder of ParamountDax, comments: “We’re very excited to be launching our ICO platform, allowing traders to have seamless and quick transactions with PDRX Token and other digital assets. One thing that sets us apart is the fact that we have a licence in place before launching our ICO, something very rare in the cryptocurrency platform market. This means our customers can have the most secure and safe experience possible with ParamountDax.”
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