Press & Media

About

Daxia gives crypto investors and users a way to go “long” or “short” on any cryptocurrency using tokens on the Ethereum Network. Daxia realized that true adoption of crypto will only occur when everyone can both harness volatility as well as mitigate it. To accomplish this, Daxia launched the first decentralized, peer to peer, derivatives product on Ethereum.

It is currently very difficult for US customers to short the cryptocurrency market. They have to use dubious methods to use overseas exchanges which are off limits to US investors. In addition, they have to face the risks that come with using these overseas exchanges, like bot manipulation, hacking, and they have to trust these companies to be custodians of their assets.

With Daxia, users never have to give up control of their assets. Daxia is totally decentralized and does not hold anyone’s assets.

Users of Daxia gain the ability to:

Create their own long and short tokens Sell or trade these tokens with other users Buy Long or Short tokens to hedge risk

Daxia launched their product August and it is currently available to everyone.

Visit us at www.daxia.us.

https://www.daxia.us (official website)