DragonEx
| Primary URL | Location | Industry | dragoex[.]com |
Country
Singapore
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Financial Services
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Profile
DragonEx operates as a cryptocurrency exchange, providing a digital platform where users can buy, sell, and trade various cryptocurrencies. The exchange offers spot trading services for a range of digital assets, allowing participants to execute transactions directly on its order book. It is headquartered in Singapore, situating its core operations within a prominent global financial centre. Users access the service through web and mobile interfaces designed for retail and institutional traders. The platform aims to facilitate liquidity and price discovery for the tokens listed on its exchange.
While the prompt does not disclose specific metrics such as user count, trading volume, or geographic reach, it confirms that DragonEx is based in Singapore. This location places the exchange within a jurisdiction known for its progressive stance on financial technology and digital assets. The organisation's operational footprint is therefore anchored in a city-state that hosts numerous fintech firms and regulatory sandboxes. No explicit details about parent companies, subsidiaries, or ownership structure are provided in the source material. Consequently, any description of scale or organisational hierarchy must rely solely on the confirmed headquarters location.
DragonEx came to public attention following a security breach on March 24, 2019, in which attackers stole over one million dollars' worth of digital assets from the exchange. The breach prompted the platform to suspend operations and enter maintenance mode while it conducted an internal investigation and upgraded its infrastructure. Authorities from multiple jurisdictions assisted in the inquiry, reflecting the cross‑border nature of the incident. Although some of the stolen funds were later recovered, a portion remained unrecovered, resulting in financial losses for the exchange and its users. The event highlighted the importance of robust security measures for cryptocurrency trading platforms and led to operational disruption during the remediation period. These facts constitute the primary distinguishing attributes of DragonEx as documented in the available information.
