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The same JForex account credentials (login, password, PIN) are used, there is no need to close existing positions or change orders, trading can continue without interruption.Īll our trading platforms (Desktop JForex3, Desktop JForex4, Android JForex, iOS JForex, Web JForex) can be used in parallel. Rich in features and with an accent on user friendliness, the software’s passed its stability test with flying colors.Īll LIVE trading account holders can trade on the new generation trading platform JForex4.
Several months have gone by since JForex4 platform was made available on DEMO. The next generation of our flagship trading platform JForex4 is available for LIVE accounts! Another great news is that Platinum ( XPT.CMD/USD) and Palladium ( XPD.CMD/USD) were introduced on both Demo and Live JForex accounts, leverage is set to 1:10. As always, the Bank is grateful for any feedback that may help us improve our services and that can be provided via our Customer Support chat.Ĭlients of the Bank may find the P2P service inside Dukascopy Connect app under the 911 dedicated section. In the meantime, the Bank encourages its clients to try the new P2P Marketplace. In case of disputes arising between the parties, the Bank will initiate its own investigation of the transaction to secure the safe resolution of the issue.Īs part of future developments, the Bank intends to offer API-based connectivity to the P2P marketplace for more sophisticated customers who would like to get more automated order control and advanced trading functionalities. To avoid the settlement risk, the users of Dukascopy P2P service need to strictly follow the rules of the P2P marketplace and not send fiat funds outside of its perimeter. Other systems within the industry provide escrow to the crypto leg while in fact, it is the fiat leg that is more problematic and riskier to settle, harder to verify and control by an independent investigator. The key distinctive feature proposed by Dukascopy’s P2P solution compared to other existing platforms is the safe execution of the fiat leg of the exchange operation. The detailed step-by-step description of the service can be found here. This is achieved by blocking the fiat funds of the Buyer until the Seller successfully delivers the traded cryptocurrency to the Buyer's crypto wallet. The role of the Bank in the process of a P2P exchange between two clients is to ensure the security of the fiat settlement. Having an active MCA account is a compulsory prerequisite to use the Marketplace. P2P crypto exchange service can be reached via the Dukascopy Connect app by clicking on the 911 dedicated section. Currently, the list of available tokens includes 12 major names with further plans to expand the accessible instruments to altcoins and NFTs. It is organized as a bulletin board, whereby the clients can place their offers to buy or sell tokens against fiat currencies. Therefore, it provides a secure environment to transact in virtually any token given that there is a counterparty willing to take the opposite side of the trade.įor any questions regarding the use of Tether, P2P marketplace, or other services, please contact the Dukascopy Bank's Support team.ĭukascopy Bank has developed a marketplace for P2P exchange of cryptocurrencies. Dukascopy Bank's marketplace for P2P exchange can process any blockchain. The information about fees is available on the website of the Bank dedicated to crypto services: The Bank reminds its clients that if they require a wider scope of cryptocurrencies they can explore the recently launched P2P crypto exchange service. The client needs to link a personal blockchain wallet to the MCA account and confirm the ownership with the signing method described here. Once this step is completed, crypto-assets can be transferred between the MCA account and the linked wallet. To start the operations with Tether, the procedure remains the same as for Ethereum. This is also the first stable coin that the Bank is offering to its clients. Tether (USDT) is joining Ethereum (ETH) as a cryptocurrency that can be deposited/withdrawn by the MCA clients directly from/to their crypto wallets.
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