Review on TimeX by Pedro O. Alvino M.
Hybrid exchange based in Australia.
Exchange, developed in mid-2019, is composed of a hybrid architecture that provides greater performance in handling transactions, privacy and security for both the operators and the platform.
The trading system implemented by the exchange is totally basic which is adapted for any operator, in addition, according to the order execution system, it allows operators to take advantage of the market and thus obtain greater profits or reduce losses from the executed order and count their trading fees do not exceed 0.5%.
After almost two years of operation, the exchange requires even more development, since it still does not have a mobile app, in addition to updating and integrating more currencies to the exchange to generate much more market volume, this accompanied by reward programs for users. users by volume generated, where to add more cryptocurrency trading models, since most crypto exchanges already have even two trading models, either margin or futures, so the exchange will still have to propose services new to increase user demand on the exchange.
Pros
- It has a hybrid operation that combines decentralized functions in conjunction with centralized systems.
- It has a very simple registration and capable of logging in through a social network account.
- Offers two-factor authentication.
- It is compatible with hardware wallets.
- Contains a custom order execution system.
- It does not have minimum amounts and deposits.
Cons
- It does not have a mobile app.
- It has a low list of supported currencies.
- There is no online support chat.
