Dagcoin is an exchange and cryptocurrency that customers are supposed to use for everyday use instead of trading. Have you invested in Dagcoin and had experience with the digital currency? Or are you considering whether an investment makes sense?

The law firm is happy to assist you if you have a need for personal advice. Should you wish, our lawyers can also review legal action for you.

Dagcoin Experience

The operators of dagcoin.org/ state that Cryptocurrencies are the future of money. In the future, they say, it will be easier for everyone to access money. Fraud(scam) and other illegal activities will be prevented, the provider says.

According to Dagcoin, it only takes three steps to join:

  1. The first step is for customers to discover the many options on offer.
  2. In the second step, the digital wallet, the so-called Wallet or DagWallet, must be downloaded.
  3. In the third step, the customer becomes part of the community.

Large companies are a bit slow and need more time to accept cryptocurrencies, Dagcoin describes. That is why they would develop their own economic system. They want to grow together.

After all, a currency becomes stronger the more people and business people use it.

Is there an entry in Wikipedia?

As far as we know, Dagcoin has not yet found its way into the Wikipedia encyclopaedia. On its own website, the provider compares its cryptocurrency with the Bitcoin. Dagcoin comes off better because, according to the operator, crypto mining does not waste energy, everyone in the world can make transactions at the same time and the fees are lower.

The only disadvantage is that it is not that well-known – until now. The fact that mining Dagcoins consumes less energy could be due to another mining technique: so-called directed acycling graphs (DAGs). On its website, the operator describes how easy transactions are.

Dags” can be sent faster than an e-mail. Dagcoins are not to be confused with the dags of the digital currency Constellation. The info portal Coinmarketcap also only provides information on this cryptocurrency.

Dagcoin exchange rate: What does the currency cost?

How much you have to invest in the digital currency in classic money at the moment cannot be seen at first glance. Under certain circumstances, further information can only be accessed after registration.

The website Dagcoin Price shows a price of 0.44 euros per Dagcoin in November 2019. Whether the provider is in any way connected to a so-called Success Factory must remain an open question. Possibly it is an affiliate partner.

How sensible is an investment?

If you are not sure whether you should buy cryptocurrencies via the Dagcoin exchange, advice can be helpful. Attorney Wolfgang Herfurtner comments:

“Anyone interested in digital means of payment is faced with an enormous offer on the internet. Even professionals can quickly lose track of it all.”

The Dagcoin website can currently only be accessed in English, a German version is not available. German-speaking interested parties might therefore find it more difficult to make a realistic assessment. For more information on cryptocurrencies and online trading, click here:

If necessary, you can seek advice from the lawyers at the Herfurtner law firm. We will be happy to talk to you about your experiences and are there for you if you want to review legal options.

We support clients in the areas of Business Law and Corporate Law. We will also be happy to determine for you whether you can assert claims.