DX.Exchange Crypto Exchange Gets NFX Investment To Build Regulated Trading Platform
DX.Exchange has already registered over 500,000 users and has started opening accounts with full KYC as of July 2. DX.Exchange allows institutions and individuals to purchase Cryptocurrencies with FIAT, trade Cryptocurrencies, and convert Crypto back to FIAT. All this can be done with no trading fees and just a 10 Euro monthly membership for the Lite account.
DX.Exchange, the newest member of NFX, has attracted remarkable attention due to their free trading business model and ultra-modern trading platform.
According to Gigi Levy-Weiss, Managing Partner at NFX, the company has always found great promise in the blockchain movement. NFX believes DX.Exchange is in-line with blockchain values in terms of innovation, transparency and shifting power to the community. Furthermore, they are dedicated to the trader experience, regulation and strong partnership with leading industry players.
For Daniel Skowronski, CEO of DX.Exchange, finding a VC with both traditional expertise yet innovative thinking was their priority, and they looked for a strategic partner that was just as committed as they were to their cause and vision.
As Founders who themselves started 10 companies that created over $10 billion in value, NFX has one of the strongest teams that understands and supports crypto and blockchain technology. Their experience and influence will be instrumental as DX.Exchange continues to grow.