Review on Bitsoda by Naomi Ilani
BitSoda Exchange Platform
There happen to be some exchange platforms on the blockchain network that give reasons which one can easily find considerable for closing down. Others happen to be the direct opposite as their excuses are not even worth mentioning. All the same, closing down shouldn't be an exchange platforms aspiration at all, therefore, no excuses should be seen as relevant.
The exchange platform I would be reviewing today happens to be having an excuse that I find a bit considerate. This exchange platform is known as the BitSoda exchange platform. This is an exchange platform that was located at Seychelles and found in the year 2018. The reasons they gave, for closing down, was because of the regulations which they found quite tough to comply with.
I'm actually confused about this excuse as there are a lot of exchange platforms registered in Seychelles and non has ever complained of regulations being strict to comply with. I'm beginning to think that wasn't the reason actually.
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Pros
- None for now
Cons
- The exchange platform no longer exists
- I'm beginning to feel the excuse they gave was false as I'm yet to find an exchange platform that have complained about Seychelles rules
