Review on CredoEx by İlqar Agayev
My thoughts about CredoEx
Hello there. The review I will write today will be about CredoEx. CredoEx is a US based crypto exchange created in 2018. I have researched and wrote reviews about many exchanges created in the USA before. The results of my research on this exchange are not very good. Although CredoEx has organized some events when it was newly created to attract more people, they were not very successful. I think the reason for this was that the events organized were very poor and the value of the awards was low. Although the exchange, which has been operating for exactly 2 years, organized events a few times, they were unsuccessful like the first.
The official website of CredoEx, which ceased its activities in 2020, is no longer accessible. I think the biggest crime of its closure is the exchange managers, because if these people had been more experienced and had better strategies, the exchange could continue to operate now. If we look at customer feedback about CredoEx, we can see that users complain that the transaction fees on the exchange are too high. Therefore, I think transaction fees are also one of the reasons for the exchange to go bankrupt. The exchange is now closed and users cannot log in to their accounts on this exchange in any way, so this is my review.
Pros
- I don't think it has a good side
Cons
- The exchange has been closed and users can no longer log into their accounts
- The high transaction fees and the inexperience of the managers are the biggest reasons for the closure of the exchange
- Most of the customer feedback is negative
