DAEX (DAX) Price Down 4.6% Over Last Week

DAEX (DAX) traded 1.7% lower against the U.S. dollar during the 1-day period ending at 15:00 PM Eastern on August 17th. DAEX has a total market cap of $1.49 million and approximately $1,284.00 worth of DAEX was traded on exchanges in the last 24 hours. One DAEX coin can currently be purchased for $0.0042 or 0.00000018 BTC on major exchanges. In the last seven days, DAEX has traded down 4.6% against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

  • BITCOIN ADDITIONAL (BTCA) traded down 2.6% against the dollar and now trades at $23,310.65 or 1.00000000 BTC.
  • Binance USD (BUSD) traded 0% lower against the dollar and now trades at $1.00 or 0.00004290 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Polygon (MATIC) traded down 4% against the dollar and now trades at $0.90 or 0.00003859 BTC.
  • Dai (DAI) traded down 0% against the dollar and now trades at $1.00 or 0.00004286 BTC.
  • Mammoth (MMT) traded 0.2% higher against the dollar and now trades at $1.01 or 0.00004334 BTC.
  • yOUcash (YOUC) traded down 0% against the dollar and now trades at $0.51 or 0.00002193 BTC.
  • FTX Token (FTT) traded 1.7% lower against the dollar and now trades at $30.18 or 0.00129450 BTC.
  • Chainlink (LINK) traded down 4.2% against the dollar and now trades at $8.13 or 0.00034893 BTC.
  • Geegoopuzzle (GGP) traded 4.1% lower against the dollar and now trades at $15.62 or 0.00067011 BTC.

DAEX Coin Profile

DAEX (DAX) is a coin. DAEX’s total supply is 2,000,000,000 coins and its circulating supply is 354,666,702 coins. The Reddit community for DAEX is https://reddit.com/r/DAEX_Blockchain. The official website for DAEX is www.daex.io. DAEX’s official Twitter account is @daexblockchain and its Facebook page is accessible here.

According to CryptoCompare, “DAEX is a clearing solution for centralised cryptocurrency trading exchanges that want to provide a better service to the cryptocurrency trading through a clearing service based on distributed ledger technology. The DAEX ecosystem allows traders to use wallets and perform trades that when matched are sent to the clearing service. The clearing service (CaaS) generates the smart contracts to validate the trades and to make sure the requirements are met. After the validation process, the smart contract runs the consensus mechanism and updates the corresponding wallets with the cleared assets. The DAEX network uses the DAX utility token (Ethereum-based ERC20) to ease the cooperation between different exchanges in the DAEX ecosystem. “

DAEX Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as DAEX directly using US dollars. Investors seeking to trade DAEX should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DAEX using one of the exchanges listed above.

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