BingoEx exchange is what I'll regard as an example of a failed exchange with no positive functions. This particular exchange was developed in Singapore and was launched in 2019. Just like alot of other exchanges from Singapore, the exchange was also centralized. BingoEx exchange was particularly involved in spot trading, otc trading, derivatives, options, futures trading as well as lending. The exchange is currently inaccessible and as such is no longer useful to any one. I checked out the telegram group of the exchange but it was inactive, the recent messages included various spam messages from different spammers and scammers. I strongly recommend readers to do away with this exchange as it is no longer functional.
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