The DAX token has been listed on two new exchanges: INDODAX (Indonesia Digital Asset Exchange) and SEADEX (Southeast Asia Digital Exchange). The launch of DAX on these two exchanges is part of our expansion plans in Southeast Asia — a market we are focusing on heavily for the remainder of 2018.

INDODAX

Trading pair: DAX/IDR

INDODAX (https://indodax.com), based in Bali, is the largest digital asset exchange in Indonesia, with more than 50,000 active customers trading on their platform. The exchange supports trading of several cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin, Dash and Stellar etc. and is capable of processing deposits and withdrawals of fiat (Rupiah). The average daily trading volume fluctuates between $5–7 million (being $5.1 million at 12:53PM UTC July 11, 2018).

SEADEX

Trading pairs: DAX/BTC, DAX/ETH, DAX/USDT

SEADEX (https://www.seadex.io/) is a cryptocurrency trading platform based in Thailand.

DAX is now listed on five cryptocurrency exchanges: LBank (https://www.lbank.info/), Allcoin (https://www.allcoin.ca), BCEX (https://www.bcex.ca), INDODAX (https://indodax.com) and SEADAX (https://www.seadex.io/).

DAX currently has a 24-hour trading volume of $9.7 million, with 370.3 million tokens in circulating supply, and a market cap of $33.3 million. The number of wallets holding DAX tokens is approximately 3,000 (excluding the addresses within exchanges).

Hana Zhang (DAEX co-founder) attending an exchange meetup in Korea

Another market DAEX is planning to enter is Korea, and more details of confirmed partnerships with Korean exchanges will be announced soon. In addition, DAEX also plans to enter the Russian and Japanese markets. The goal is to serve 10,000 corporate customers (exchanges and funds) worldwide with the DAEX Wallet and clearing ecosystem solution. In 2018, we will collaborate with 60+ funds to establish a new investment ecosystem, and we will cooperate with more than 10 exchanges by providing them with technical support, clearing services and investment opportunities.