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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on CashTelex by Pedro O. Alvino M.

Revainrating 2 out of 5

Centralized exchange registered in Kuala Lumpur.

Cash Telex centralized exchange has a traditional cryptocurrency market, which in this case, has several pairs of exchanges with altcoins, since it adds several altcoins such as LTC, DASH and DOGE that these will have a well-designed interface for any operator.
The substantial problem covered by the exchange is the low demand for user inputs to the platform, which despite being active the volume it generates is almost nil, so it can be a fundamental risk for the platform since it will not have income from means of fees and commissions within the exchange, in addition to the dividend mechanism that the exchange has, may be affected.
In theory, the exchange has basic functions for trading crypto assets, however it provides very few currencies to trade, in addition to having few commercial models, given that today there are a large number of online exchanges with excellent programs and models. cryptocurrency trading in which Cash Telex must develop strategies that can improve and increase the demand for platform services.



Pros
  • Exchange trading interface tailored for expert and novice traders.
  • It has several pairs of exchanges between popular altcoins on the market.
  • Allows crypto-asset trading with fiat currency.
  • Offers a dividend system based on your CTLX currency.
  • It has several programs of discount of tariffs for the possession of CTLX.
Cons
  • The exchange has almost zero and unverified commercial volume.
  • Your mobile app is still in development.
  • Very low availability of crypto assets to trade on the platform.

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