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227 Review
518.5 Karma

Review on Paradex by Victor Nnamah

Revainrating 4 out of 5

Paradex has been sold to coinbase.

Paradex is a decentralized cryptocurrency Exchange built on the Ethereum blockchain technology. Paradex is based in New York in the United States. In order not to spend much of your time, Paradex is no longer functioning as it used to, please don't misunderstand me.
In the past few years, while Paradex was still available, it used to be an exchange that offers great services of Trade in cryptocurrencies. In terms of transaction fees, I personally rate Paradex as one of the cheapest Exchange to trade with, that doesn't mean that it is not a credible Exchange but that it charges only low fees while trading on its platform.
Moreover, each time I try to visit the Paradex website, I always get redirected to coinbase. This pushed me to make my research, I got to find out that Paradex have been sold to coinbase so anytime you try to reach Paradex, you must always get redirected to coinbase.



Pros
  • It enhances data protection.
  • It has a good support.
  • It has many users.
  • It has been acquired by coinbase.
Cons
  • It is no longer functioning.