Review on BorsaDEX by Micha Joe
I can't trade with BorsaDEX.
Launched just last year, on the 4th of August, 2020, BorsaDEX is a decentralized exchange based in Turkey. It has a nice and very simple interface with good features. However, the language used on BorsaDEX is not friendly to English traders because it does not have any other language rather than the Turkish.
Another thing that doesn't seem to be right about this exchange, BorsaDEX, is that it doesn't require KYC information for verification of which doesn't seem to be right to me since it offers peer-to-peer lending of cryptocurrencies, a user might steal from another during lending or some sort of criminal transactions since information about user are not given. Moreover, it has only few followers on Twitter which implies that it has few users. In conclusion, I don't like this Exchange for any reason.
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Pros
- It has a nice trade view.
- It offers peer-to-peer lending.
Cons
- There is no given information about its trading activities.
- It doesn't require KYC information verification.
- It doesn't support English language.
