Darico is an upcoming company in the Crypto economy with a lot to offer. Darico is going to be creating a few tools that can be beneficial to the cryptoeconomy and of course their own cryptocurrency, called DEC. One such tool Darico will be offering and the one that truly piques my interest is the Darico Terminal, or as they put it in their whitepaper the “beating heart of Darico.” The Darico terminal will improve cryptocurrency trading, by integrating a crypto wallet and a cryptocurrency exchange. The topics discussed in this article will be pretraining to how the Darico terminal benefits traders.

As I mentioned earlier Darico is going to be creating a few tools. These tools will include a crypto wallet, an exchange platform and the Darico terminal. The Darico Terminal is going to allow the user to integrate his wallet to the exchange platform. For those of you who do not know what a crypto wallet is, a crypto wallet is where you can store all your cryptocurrencies to keep them safe. An exchange is where you trade cryptocurrencies.
Most crypto wallets are autonomous of exchanges, which means when ever a person wants to make a trade he must first transfer funds from his wallet to a desired exchange platfrom, this can be both costly and time consuming. Once a trade is complete the person must transfer his funds back to his crypto wallet for safe keeping, which will again be costly and time consuming. Which is why the service Darico is providing, integrating the crypto wallet and the exchange platform by using a terminal will be beneficial to traders because it will save them both time and money. Saving time is especially useful for traders because the cryptocurrency markets are highly volatile, this means that cryptocurrecnies can increase or decrease in value within a short time frame.

Shortcomings

It is important to keep in mind that so far, the Darico terminal only integrates the Darico exchange with the Darico wallet. This means that if a person has a Darico wallet and chooses to use another exchange platform, the Darico terminal will not work. The Darico terminal will also not work if a person uses the Darico exchange to transfer funds to any wallet that is not Darico supported. Also, the Darico terminal may be useful but it does not come without costs. People who want to be able to access the Darico terminal will not only need to hodl DEC, they will also be required to pay a monthly subscription fee.

TLDR

Darico is going to be creating a cryptocurrency, a wallet and an exchange platform. They will integrate the wallet with the exchange platform using the Darico terminal. The Darico terminal will also provide other benefits to Darico users such as analysis and charts about the cryptocurrency markets and the latest ICOs. Darico terminal definitely has its benefits but it also has its shortcomings; so far, the Darico terminal will only integrate the Darico wallet and the Darico exchange, which means other exchanges or wallets are not an option yet. To use the Darico terminal a person must hodl DEC and pay a subscription fee.

Website: https://darico.io/en/
Telegram: https://t.me/darico_ico
ANN thread: https://bitcointalk.org/index.php?topic=2443796.0
Whitepaper: https://darico.io/en/Darico-Whitepaper.pdf

My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1887821