Review on CreekEx by Thalhat Tee
Users should watch out for this exchange it can go off anytime!!!
CreekEx is a newly launched centralized cryptocurrency exchange. I didnt stay with this exchange for long because if some certain characteristics of the exchange. Registration on this exchange was very easy just like most exchange, i was only inquired of my name, email and password. According to them, crypto-crypto trading doesn't require any form of KYC verification only fiat-crypto trading. This is a clear indication that the exchange does this two trading system. The exchange trades cryptocurrencies like Bitcoin, Ethereum, Litecoin, Dash, Bitcoin Cash and some others totalling 30 alongside about 51 trading pairs. As for the trading fees, the exchange put liquidity in its right place vy charging users a fee of 0.2% though liquidity isnt very deep. Before making any form of deposit i had already gone to vist the Telegram channel and even the exchanges Twitter page but this two seemed inactive. I couldn't make deposit there because the exchange wasnt in any way active and this is a great risk and a warning sign that an exchange is about to disappear!
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Pros
- The exchange doesn't require KYC for verification
- Trading interface of the exchange is optimal and good
- The fees here are generally cheap
- Registration is quick and simplified
Cons
- Telegram and Twitter account of this exchange isn't really active
- Users should be careful, i am suspecting a possible scam
