DINNGO is the first hybrid exchange that implements an in-depth integration with cold wallet service, providing a more secure and efficient user experience.
Comparing the same period from January 2017 to January 2018, the overall single-day trading market value of digital currency rose from USD 121 million to USD 26.7 billion(1). This rapid 220x increase can be explained by a growth in the number of traders. In the beginning, only technology enthusiasts entered the market. Now, however, more people are investing due to a popularization of knowledge. The exchange with the largest market capitalization recently reached a daily market capitalization of USD 2 billion(2). If the transaction fee is calculated at 0.2%, then the daily income amounts to USD 4 million. As the number of traders continues to increase, trading volume growth is expected to maintain a strong momentum.
Atomic swap is a smart contract technology that enables the exchange of different tokens without the need for a centralized market or other intermediaries in the process. Moreover, it can, as well, be executed between many blockchains when fulfilling some technical requirements!
The term falling knife refers to the action of buying an asset that is slumping in price. Some traders like to do knife-catching trading; however, trying to catch a falling knife is undoubtedly a hazardous attempt. If something goes wrong, it'll cause significant losses.
[#ELI5]🧙🏻♂️ Slippage refers to the difference between the expected price of a trade and the actual price at which the trade is executed. It occurs prevalently during high periods of volatility and periods whereby orders cannot be matched at desired prices.