DINNGO Exchange 2019 Roadmap Update

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DINNGO

5 min readJul 15, 2019

DINNGO is on a mission to bring innovative solutions to the crypto industry. We have a group of dedicated engineers, designers, compliance officers and product managers who worked very hard in the past six months to roll out the best product. The result of this committed effort is the successful main-net launch of DINNGO Exchange in April. We believe in releasing a product that can bring value to users on day one and we subscribe to the mentality of designing product for users. It is with this in mind that we take you to recap our achievements in Q1 and Q2 of 2019, breaking it down into three parts.

1. Seamless Onboarding Process

The main obstacle to the mainstream adoption of DEX (decentralized exchange) has been the struggle of providing a CEX (centralized exchange) like user experience. It’s not easy to remove this obstacle due to the inherent structure of DEX but we are extremely proud to share this significant progress we made by integration various wallets to streamline the onboarding experience. Soon after we launched DINNGO Exchange on main-net, which initially only supported MetaMask, we introduced four other key management solutions on our platform. No matter what wallet you use, be it a hardware wallet, a browser wallet or a web plugin wallet like Portis, you can now connect them directly to DINNGO Exchange platform and immediately start trading while remaining 100% full control of your funds. Especially for more sophisticated crypto traders, who allocate their crypto funds in different types of wallets, the introduction of supporting various wallet removes the hassle of being limited to certain exchange based on what wallet you use. Press releases of these wallet integrations are listed below.

2. Fiat Gateway Updates

You may not have noticed, but the fiat gateway on DINNGO Exchange has quietly evolved into providing much better user experience. We simplify the process of purchasing/selling stablecoins with US dollars and adding more guidance to help users.

This is a significant step forward to accelerate blockchain adoption into the mainstream as we see the need of exchanging fiat currencies into cryptocurrencies when people first entering crypto market. We want to lower the entry barriers for beginners by making it simple and easy to take the first steps towards owning cryptocurrency. With the recent improvements to our fiat gateway, we are fulfilling our goal to make DINNGO Exchange the intuitive choice for stepping into crypto market for the first time.

3. PAX Partnership and Token Listings

In 2019 Q2, we went one step further, listing 13 tokens and officially partner with Paxos Standard to add stablecoin market. We consistently explore a broad range of digital assets, and select some of the best teams to list their projects. Token listing is not just adding another trading pair to users, in essence it also provides an infrastructure for the hardworking teams to flourish their projects.

With the Paxos Standard partnership and the addition of stablecoin markets, we enable users to exercise a brand new set of trading strategies that avoid the volatility inherent to ETH and similar digital assets. Especially for active traders, stable coin allows them to mitigate the extreme price volatility of the market without cashing out into fiat. Relevant press releases in below.

Now let’s get to the juicy stuff…

2019 Q3/Q4 Roadmap

Toward our mission of advancing the cryptocurrency trading experience, we have planned out ambitious product development and roadmap while continuing to enhance our existing products and services. In the coming months, we aim to expand more functionalities, increase the exchange liquidity, list additional tokens and participate in more diverse markets. Without further ado, let’s take a look of the 2019 Q3/Q4 roadmap below.

Support BTC/ETH Trading Pair

The primary functionality update of 2019 Q3/Q4 is going to be the addition of BTC/ETH trading pair. The much awaited bitcoin-ethereum cross chain solution will be a game changer, bringing DINNGO Exchange to the next level. We will break the barrier between the ethereum network and the bitcoin chain, allowing users to exchange BTC and ETH value quickly and effectively. Furthermore, the new BTC/ETH trading pair will bring drastic increase in liquidity for the exchange. While we’re not yet able to provide the release date, we’re making solid progress in bringing interoperability and more details will be announced in the near future.

Support Multi-language

In order to provide better service to our Chinese speaking users, our team is working on adding the language support Traditional Chinese and Simplified Chinese in Q3. Until then, chinese users will be able to trade cryptocurrencies on DINNGO Exchange with a familiar language.

Support PAX/USDT market

Stablecoins, the cryptocurrencies that have their value pegged to a currency, are here to stay. To provide our users with more access to stablecoin market and to allow them to easily convert one stablecoin to another stablecoin, we will introduce our first stablecoin-to-stablecoin pairing, PAX/USDT, with USDT as the quote currency.

DGO Token Listing

The talk of DGO token listing has been on everyone’s lips and we hear you. Following current crypto market conditions and the changing regulatory landscape, we have been constantly evaluating our tokenomics and listing strategy to make sure we meet compliance requirements. Details about the exact time and duration of DGO token listing will be released soon. All updates will be announced on our Telegram, Twitter, and Facebook.

Besides the foregoing major updates, the DINNGO development team is also working hard on the following updates to be released in Q3 and Q4:

Expand Over the Counter (OTC) Liquidity Partnerships
Rebrand Official Website
Provide Portfolio Smart Tracking Feature
Launch DINNGO Mobile Beta
Open SDK for Wallet Service Providers
Reach Transaction Volume of $1,000,000

With every passing day we see blockchain technology continues to mature and new innovations keep taking place, we continue to work across tech and finance industry in supporting the evolution of digital assets. We listen to our users because we believe deeply that DINNGO Exchange is built to be intuitive, for peace of mind, and to serve as a secure platform for trading cryptocurrencies.

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