Review on Bitsoda by Hassan Abdullahi
Closed!!!
It is quite heartbreaking to see an exchange with potentials suddenly annnouncing irs closure. Nowadays, it seems like stroct policies against sonw exchanges actially leads to their early termination of operation. There are alot of exchanges which were lost due to strict policies and I'll be reviewing it today.
Launched in the first quarter of 2019, Bitsoda is centralised Singaporean exchange which dealt with mainly spot exchange. It waa unfortunately among one of those exchanges which didn't serve the cryptospace for more than a year before waving us goodbye. The exchange announced in its telegram thay it was going to close indefinitely, which means that there's a high chance of never seeing Bitsoda exchange again. I wasn't opportune to use this exchange but from other authors who wrote reviews on Bitsoda, some claimed to have enjoyed it before it closed down. I don't advice the use of the exchange following its closure, besides it is no longer accessible which means there's no trading activity any longer.
Pros
- None
Cons
- This is another dead exchange
- It is not longer accessible
- Trading here is not possible
- The founders of this exchange are unknown
