Review on Colodax by Abraham Kaiful
A reliable exchange, but needs some changes
One of the exchanges founded in India is Colodax. Because the number of users is so tiny, and the bulk of them are from India, I don't view this transaction as being worldwide. On the exchange, we may do transactions both on the website and through the Google Play Store application.
The number of users of the app is similarly minimal, according to data. The site's design has never appealed to me, but it is a helpful resource. It is simple to register on the exchange; we may do so simply by sending an email, but we cannot trade without KYC verification. This may be a wise security move, but I believe it will significantly diminish public interest.
I hope KYC verification gets phased out in the future because it is a time-consuming procedure. On the exchange's website, there is a wealth of information regarding the exchange. Also, based on security facts, I believe it is a trustworthy exchange.
- It is a trustworthy exchange.
- There is a mobile app for the exchange.
- It has a modest number of clients.
- We won't be able to utilize the exchange until we've completed the KYC.
