Review on LocalCoin DEX by Isaac John
LocalCoin dex : The server of this exchange is down. Don't trade on this exchange!
Exchanges, most especially decentralized exchange, are meant to provide a secure and good trading platform for users. However, that's not the case with localCoin Dex exchange.
Although, much information about this exchange is not provided. But this exchange has experienced decrease in it's trading volume before it was shut down.
Many things lead to the dismissal of this exchange. One of this is security. LocalCoin Dex couldn't provide safety and privacy to its users and their funds, which resulted to reduction in trading volume.
When this exchange was recommended to me, i didnt invest on it, because i wasn't sure of it. I was only monitoring the platform, untill when it became inactive.
Although, the telegram group of this exchange is still active up to this very moment, but no information relating to this exchange has been released.
Pros
- The exchange was recommended to me, when it was already shut down. I couldn't make use of the exchange, so it will be very uneasy to say anything good about this exchange.
Cons
- The server of this exchange is down and inaccessible.
- There haven't been any information about this platform.
- This exchange has experienced decreased in trading volume, before it became inactive.
