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Lokoja
4 Level
192 Review
1048.5 Karma

Review on Colodax by Thalhat Tee

Revainrating 2 out of 5

KYC verification has prevented me from having an in-depth experience with this exchange

Colodax exchange is an Indian exchange established in 2017 with the aim of bringing innovations to the blockchain industry. I triwd out this exchange immediately, but i wasnt quite happy. I first went off to research about this exchange before making move towards registration. But while on the quest on finding more about the exchange i first read a review about the exchange on Revain by an author. The exchange actually comes from the developers of Crypdates. The exchange is very concerned about the kind of people that register on Colodax, hence employing the use of KYC. KYC verification wouldn't have been a problem for me, till i found out that the only country even allowed register here was India alone. This was a factor didn't even even make me consider the Exchange a second time, i just wanted to quit the exchange since nothing can even be done without the KYC!

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Pros
  • Registration was impossible so i dont have any personal positive aspect
Cons
  • The exchange only accepts INDIAN RUPEES as the only form of fiat deposit
  • The interface isn't impressive