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What is digital currency exchange (DBS)?

Digital Currency Exchange - Cryptocurrency trading that will facilitate spot exchanges from fiat currencies to cryptocurrencies and vice versa. The DBS Digital Exchange will offer exchange services between four fiat currencies (SGD, USD, HKD, JPY), and four of the most established cryptocurrencies, namely Bitcoin, Ether, Bitcoin Cash and XRP.

What cryptocurrencies are listed on DBS digital exchange?

DBS Digital Exchange currently has SIX Cryptocurrencies listed, namely, Bitcoin, Bitcoin Cash, Ethereum, Ripple, Polkadot and Cardano. How do I check the market price for cryptocurrencies? You may check the market prices of Cryptocurrencies on the Digital Payment Token Exchange webpage.

How does DBS store cryptocurrencies?

DBS uses 100% air-gapped cold storage technology, which reduces the risk of loss of cryptocurrencies to hacks. DBS also stores all crypto holdings in segregated accounts, which means that these holdings are ringfenced in the event of the exchange’s insolvency. These measures ensure the safety of client holdings.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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