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Port Harcourt
2 Level
65 Review
159 Karma

Review on Squirrex Exchange by Mercy Godwin

Revainrating 1 out of 5

Squirrex Exchange has nothing to offer anymore.

Giving a deeper insight about this cryptocurrency Exchange, Squirrex Exchange, it is more like a decentralized cryptocurrency exchange but in some other aspects, acts as a centralized cryptocurrency Exchange also which makes it kind of an intermediate between a decentralized cryptocurrency exchange and a centralized cryptocurrency exchange. This is actually the First of its kind I have ever came across since I started trading cryptocurrencies but what you should really take note of is that, Squirrex Exchange is termed as a semi-decentralized cryptocurrency exchange.

Giving a brief introduction about Squirrex Exchange, it was launched just two years ago as of the date I wrote this review, that is, Squirrex Exchange was established in the year 2019 in the United Kingdom. The main Vision of this Exchange was that, it was established with the aim of providing an ecosystem which is of greater security standard for the trading of cryptocurrencies in order to make it a reliable exchange to trade. It aimed at providing an environment for trading cryptocurrencies with peace of mind but as it seems to be today, I think it has failed to meet to its purpose, therefore, now a failure occupying a space in the crypto world today.

There are also a lot of Exchanges as well as projects that have failed like Squirrex Exchange did and also some others who are succeeding today, and that is the most reason making in-depth researches about a project is strongly advised in other for you to have in-depth knowledge about a project you are investing. Coming back to the business of this review today, Squirrex Exchange is no longer functioning properly anymore and that is why I referred it to being a failure. I was able to come to meet this conclusion because from my researches, I tend to discover that Squirrex Exchange has been marked as an untracked listing on one of my favorites cryptocurrency organizations, coinmarketcap, which is my mostly trusted and mostly used platform for making my researches about many cryptocurrency exchanges and cryptocurrency projects and from the trust coinmarketcap have gained, I think it is enough to give the conclusion that Squirrex Exchange no longer serves.

Moreover, I tried as much as I could in order to get more information about this exchange, Squirrex Exchange, but I could not find any other information about its operations because Squirrex Exchange has just few descriptions about itself. I do not advise anyone at all, to trade on an exchange like this therefore, I conclude by saying that I do not recommend this Exchange, Squirrex, for any reason.

Pros
  • Nothing.
Cons
  • It's not active anymore.
  • It ended up too soon.
  • It was never a reliable exchange to trade on.