Dentacoin, a cryptocurrency focused at bringing together the dental community across the world, has now been listed on CoinHub.
Talking to BlockPublisher regarding this development, the company stated:
We are happy to open up new opportunities for the traders in our community. Partnering up with CoinHub was an important step forward for us, as it is now possible to directly exchange DCN to USD & vice-versa, making it even more convenient to trade your favourite cryptocurrency.
This comes off as a great news for the dentacoin enthusiasts because now, CoinHub is allowing the user to exchange dentacoin for U.S. dollar through a very simplified process. Besides having a trading pair with U.S. dollar, the exchange will also be supporting trading pairs of dentacoin-bitcoin and dentacoin-ethereum.
CoinHub has become the twenty second exchange that is now supporting dentacoin for trading. Recently, the coin also got listed on an exchange called CoinSwitch.
CoinHub uses the maker-trader model at its core in terms of fee handling. 0.25% fee is specified for the takers and 0.1% fee is specified for the makers. Another important thing to keep in mind is that on this exchange, withdrawals and deposits that are done in the Singaporean Dollars (GSD) carry no banking fee at all. On the other hand, excluding the agent fee, performing these tasks in USD, EUR or GBP carry a fee of 0.125%, with additional charges of $8 and $125 specified for deposits and withdrawals respectively.
An encrypted and secure cold storage wallet is provided by CoinHub to its users for a safe crypto-to-crypto exchange. Multi-factor authentication is used by the platform to keep things tight. A two-way fiat gateway is also provided by the platform, which means that deposits and withdrawals in USD, EUR and GBP can be made using Visa, MasterCard and bank transfer (SWIFT).
CoinHub also has a contract with a cyber security firm in order to keep its workflow completely secure. Regarding the security aspect, features of DDoS protection, data encryption, fraud protection, regular back-ups etc. are currently supported by the platform.
Dentacoin (DCN) is currently trading at $0.000288 (as per coinmarketcap.com) and is showing positive signs at the time writing.
Dentacoin is essentially an ethereum-based platform that runs on smart contracts. Its major aim is to build a review platform for the dental care community across the world so that patients are better able to find what they are looking for. Many dental platforms across the world have already started accepting dentacoin as means of payment. Recently, it was announced that an Argentina-based dental chain Cool Dent has also started accepting dentacoin as payment.
Dentacoin has been successful in expanding its reach to countries like USA, Australia, UK, Italy, Netherlands, Malaysia, Pakistan and many more. This listing comes off as great news for its users as more and more support is being provided to dentacoin (DCN), paving the path for its growth and development.