Review on COREDAX by Pedro O. Alvino M.
Crypto asset market for South Korean residents.
Developed especially for South Korean residents, it presents a very basic traditional market, where it allows the use of the country's legal tender (KWR) that is available in all exchange pairs with currencies such as Bitcoin and Ethereum.
Given the great progress that some exchanges are having, the Coredax platform enables several functions that allow operators to get the most out of a cryptocurrency listed on the platform, since it provides various analysis and information on the currency, the volatility it is presenting. in the market and the relevant news of crypto assets, in such a way it is understood of a market based on big data.
The volume handled by the exchange is remarkable, however it lacks several defects such as the low number of listed currencies and the null presence of stablecoins, since it only has pairs of exchanges with KWR. Another important detail of the exchange is the little development it has had in the mobile version, so it has not had an update since 2019 and the language availability is very low.
Pros
- Allows the trading of crypto assets with fiat currency (KWR).
- Provides various tools and information on the different crypto assets on the market.
- It has several events with third party affiliates that promote commercial volume and the entry of new users.
- It has a mobile version for android and iOS.
Cons
- Very few languages added.
- It has a low number of cryptocurrencies listed.
- Does not offer pairs of exchanges with stable coins.
- Your mobile app is out of date since 2019.
