Review on Colodax by Sudais Quadri

Name: Colodax
Item: Colodax
Rating: 4

February 05, 2021

Blessing for indians, No scam!!! ✔️✔️✔️

"I had little experience with this exchange, so most of the content will be on my personal research".
Colodax exchange was launched in 2017 by the developers of Crypdates. This exchange aims to use various innovations to advance the blockchain industry. Colodax exchange was very easy to register on, just by providing my name, password, email. The activation link sent to my mail was quick to reach me, almost immediately! Well, after activating the account, i needed to complete the KYC verification process which the exchange seemed to take serious. But it seemed like the exchange only allowed users from India to register, hence limiting the use case of this exchange. My journey on this exchange had to stop but i still went on to get more information about this exchange which will be suitable for Indian Traders/Readers because the information were readily available and accessible to any one. Well, as for the trading fees, the exchange charges a fee as low as 0.2% for a particular tier and up to 0.04% for another tier, thus introducing deep liquidity into this exchange. This exchange trades well over 1000 tokens, forks and cryptocurrencies. The telegram group is a very nice place to be with fast and adequately responsible admin to answer your question about the exchange, This exchange is just perfect for Indians though.
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Pros

The exchange has gained quite an experience over the years
This exchange is a breakthrough in cryptocurrency exchange in india
The highest trading fees is just 0.2%
This exchange is very good especially for Indian Investors
The number of cryptocurrencies supported are much
Through the KYC VERIFICATION and two-factor-authentification users can be assured of the safety of their funds
On the hand of the exchange, it secures users funds in cold storages to prevent online theft

Cons