What Is Digital World Exchange?
The Digital World Exchange is a new company that has started its business to make digital currencies usable for other businesses in the whole world. This crypto exchange company presents itself as a leader in digital asset industry but it was recently launched, so we have some doubts about these claims and how truthfully they are.
This company makes several claims about having a liquidity of billions of dollars and launching its services in 2013, but we have no proof that the Digital World Exchange did not simply appear out of nowhere to start its business and scam people. Are you curious to know more about this company? Read our review.
How Digital World Exchange Buy & Sell Crypto Trading Platform Works
The online page of the company states that the Digital World Exchange was built on top of the Royal Mint Gold (RMG) platform with CME Group and The Royal Mint (TRM). the platform accepts Bitcoin (BTC), Bitcoin Cash (BCH), Zcash (ZEC), Ethereum (ETH), Litecoin (LTC), NEO, Cardona (ADA), EOS, Stellar (XLM) and DASH.
Digital World Exchange offers a secure and simple platform that can be used to trade money in form of crypto and that is scalable because the company promises to grow its business in the following months.
You can sign up to receive your cryptocurrency wallet in which you can store the tokens sold on the platform. The company also offers a debit card that you can use to spend the cryptocurrency that you have on your wallet on the offline world. By using the Digital World Exchange debit card, you will be able to automatically exchange your tokens into fiat currency to buy items and pay for services.
Digital World Exchange Security Features
This company has set up many features looking to improve the security of the users like using multi-signature security of 3 keys to ensure that the clients will be always protected from hackers. Other measures include the decentralization of assets and the creation of dynamics that will make the whole system more secure.
You will also be able to decide whether you want to keep your tokens on a hot wallet or a cold wallet. This way, it isolates your money when you are not using it and you can be more secure against any type of hacking because hackers will not be able to hack what is not online.
The company will also have a “kill switch”. By using this feature, you will be able to protect your assets by freezing all the wallets under your name and you can only shut this protective measure off by yourself.
Should You Trust Digital World Exchange?
We are not really sure about this company. While it does seem like a solid company if you visit the site you will definitely see that the company makes some claims that are hard to believe. For instance, it announces a partnership with the CME Group that you cannot really more information about and it states that the company is larger than it actually is.
These claims have made our suspicions about this company grow and there is the chance that the Digital World Exchange might be a scam, so you should not trust this company 100%.
Digital World Exchange Conclusion
This company raises some red flags that have caused some concern with our team. Because of this, we are still unsure whether to recommend the Digital World Exchange or not to our readers and we believe that you will be making a better choice if you choose a company that you can fully trust instead of this one.