Today we are going to review a new cryptocurrency exchange which has appeared on the market. Our subject if the Decentralized Exchange of the World (DEW).
What Is DEW Decentralized Exchange?
The Decentralized Exchange of the World, DEW for short, is a new cryptocurrency exchange available for both iOS and Android with some interesting features that might get your attention. What makes DEW different from most cryptocurrency exchanges is that the company does more than that. It is also an exchange of various assets.
DEW works as a gateway between you and these assets. It is very easy to use, so it is a great solution for you if you are interested in more than only altcoins and cryptocurrencies, but also futures contracts, ETF, bet contracts, stocks and blockchain assets. You will be able to look for all of these investments on the platform of the company.
While the company does not offer anything necessarily new, it is very interesting because it offers many options in the same place and you can use cryptocurrency to invest in all these different options.
Unfortunately, we could not gather almost any information about the people behind this company.
How Does DEW World's Crypto Trading Platform Work?
Basically, DEW is a decentralized exchange which uses the technology of the Ethereum blockchain to improve its services and be as accessible as possible to its users. All the transfers are executed via smart contracts, which is excellent because it makes sure that your funds will not be held or taken unilaterally by the company or by anyone else. DEW is a very secure platform.
The company works as a marketplace for equities. You can look for them online, examine them, buy and sell them at your will. Basically, what the company does is to connect the users with blockchain assets, listed companies and bulk commodities which they can buy. Then, it uses smart contracts to exchange the values.
The company charges a small amount of money for every transaction, but it states that this amount is very small and does not generally interferes with the profits of the users.
How To Invest Using DEW?
Are you interested in using DEW to buy and sell economic assets? Unfortunately for you, DEW is still not fully operational at the moment of this report, so you cannot use it yet. When the company is actually online, you will be able to create an account using a simple verification of email and identity. You will also need a cryptocurrency wallet (which is obvious). What you can do is to enter the trading platform and see your options there.
You can use DEW from all over the world, except in China because the country has banned this type of company from acting there.
DEW Decentralized Exchange Verdict
Is DEW the best platform for you if you are an investor? It is really hard to tell for sure if DEW is necessarily the best platform, but what we can confirm for our readers is that this is, indeed, a very good platform which might offer very interesting possibilities for its users after it is finally fully operational and more people are using it.
The most interesting aspect of DEW is that you will be able to trade many blockchain assets, not only cryptocurrencies as you would do in 90% of the exchanges. While there are some platforms that let you do this out there, we are sure that there are not necessarily many of them, so it can be a very interesting idea for you to invest in DEW.
If our review hooked you, you might want to consider giving DEW a fair chance. The company is still somewhat new but we can already see that it has potential and it can be very interesting for you. If you did not like it, you can always browse our blog for another cryptocurrency exchange.