Review on Chiliz by Rauf Kenan
My trading experience on the Chiliz Exchange
I joined to the Chiliz Exchancge for buy a fan token.
I send usdt over trc-20 because it didn't charge a fee to my wallet and everything was so good here. When ı entered the market and placed an order to buy tokens,my order couldn't be taken in one round du to the lack of volume. I tried buy by placing a market order and my pruchase broght a pumped to the token price.
Thi manipulative low of volume suprised me and after a few minutes ı panicked the product ı bought affected by the price movements. I converted token to usdt. I realized that the trc-20 withdrawals were closed while ı was trying to remove my funds from stock market. Erc-20 was the only way ı could send tether. The transaction fees amazed me and the exchange stated that ı could pay extra ıf ı set the frame rate.
I had never heard of such a method determining the stock exchange before and frankly it came to me as a fiasco. I waa shocked by the situation. At the end of about 3 days, ı accepted to be affected by the price movements and bought a fan token and transferred that fan token because it was the only method for me not to pay the fee. Frankly, it was the worst stock market experience I've ever experienced.
Pros
- All fan tokens in this market
Cons
- High fees
- Low transaction volume
