Cryptocurrency exchange Dcoin: full review and feedback
Innovative financial platform Dcoin
Dcoin – a major cryptocurrency exchange focused on trading digital assets and derivatives. A secure trading environment supported by modern software based on Amazon AWS and Google Cloud technologies provides stable operation and protection against various attacks and vulnerabilities.
The project was launched in August 2018 by a group of experts who had previously worked at well-known IT companies Baidu and Google. The official website of the platform: dcoin.com.
At the time of review, Dcoin is listed on CoinMarketCap with a trading volume exceeding 1.6 billion US dollars (174,874 BTC). Among the main assets are Bitcoin, Ethereum, Litecoin, Ethereum Classic, and EOS. The following currency pairs are actively traded:
- BTC/USDT – 45% of turnover
- ETH/USDT – 24%
- ETH/BTC – 14%
- LTC/USDT – 8%
- ETC/USDT – 1.4%
- EOS/USDT – 1.2%
The current transaction fee is 0.2% of the amount traded. Exchange representatives guarantee high quality and security of trading.
Platform Features
The website Dcoin is designed in a minimalist style, primarily in English, Korean, and Chinese languages. The ‘Exchange’ section allows for technical analysis and trading. In the ‘Download App’ section, users can download the mobile app for trading. ‘IEO Hub’ is available for investors and projects, while ‘Melting Privilege’ offers access to the project’s marketing strategy.
Team and Roadmap
The Dcoin team consists of professionals from various backgrounds, but their qualifications have not been publicly confirmed. The project roadmap includes the launch of a cryptocurrency wallet and an internal exchange coin DT.
Reviews and Conclusion
There are not enough reviews about the exchange to form an objective opinion. The Dcoin project, although possessing potential, is not currently a leader among cryptocurrency exchanges. The exchange’s capabilities are assessed as average, but in the future, the platform could become an attractive solution for investors and companies.
I am utterly dissatisfied with the broker’s work on Dcoin as the poor user interface, high fees, and lack of customer support have greatly affected my trading experience.
My experience with Dcoin cryptocurrency exchange was highly unpleasant and disappointing. The platform interface was not user-friendly, for starters, making trading significantly more problematic than it should be. Their transaction fees were also exorbitantly high compared to other brokers, making it a very cost-ineffective option.
Furthermore, efficiency and reliability were severely lacking, as I encountered numerous instances of the system crashing mid-transaction. The lack of any customer support was extremely frustrating when I needed help with issues that arose. No matter the time of day, I was unable to reach anyone from the customer service team.
Lastly, the security measures in place didn’t inspire a lot of confidence. I was constantly worried about the safety of my investment, a concern that should ideally not exist when dealing with a trustworthy broker. Protracted withdrawal times further added to the poor experience.
Overall, my experience with Dcoin was negative and I wouldn’t recommend it to anyone looking for a reliable, efficient, and secure cryptocurrency exchange broker.