Review on Amplify Exchange by Hasan Abbas
My review about Amplify Exchange
Hello to everyone. Today I will be writing about Amplify Exchange. Amplify Exchange is a crypto exchange created in 2019. This exchange is one of the first free crypto exchanges in the world, meaning no transaction fees are charged for trading on this exchange. Although the exchange developed this way and wanted to attract more people, it failed and stopped its operations. I have written reviews of many exchanges before, but I have never encountered any exchanges with no transaction fees. I think this is a very wrong strategy, or this exchange may be running such a strategy because it is a scam.
I could not find any information about the security system of the exchange. That's why I consider Amplify Exchange a scam as well and I do not recommend anyone to invest their assets in this exchange. Users also have negative opinions about the exchange, and some users even say that they cannot withdraw their assets. The exchange was operating through its website. Although this site is operational for now, no statistics on the site are accurate, and although I wrote to the customer support team, I still haven't gotten a response. That's why I think the site is no longer operational. That's all for now, thanks for reading my review.
Pros
- No good side
Cons
- Although the website of the exchange has not been shut down, none of the statistics on this site are correct, so I do not recommend anyone to invest their assets in this exchange.
- According to my research, it tries to scam people with some fake events
- I see this exchange as a scam
