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Kwara, Ilorin
4 Level
410 Review
3227.25 Karma

Review on CryptoDerivatives by Killer Bean

Revainrating 2 out of 5

You'll have to stay away from this exchange, it doesn't have any use

Decentralised exchanges are getting seemingly popular as more and more cryptocurrencies are being released into the market daily, weekly even monthly. Interesting things about decentralised exchanges are; susceptibility to hacks and even non custodial nature of users and increased anonymity. This particular exchange which I'll be talking about is a decentralised derivatives trading platform with no much information anywhere online. It was supposed to be a world leading exchange as it continued to develop however, it unfortunately never had the chance to achieve that goal. Presently, the exchange has no trading volume, and that means there isn't any liquidity on the exchange. The domain of the exchange has been put up for sale, which means that the exchange doesn't have hope of coming online again.



Pros
  • Cryptoderivatives was supposed to be a promising exchange
Cons
  • Thus exchange has a domain which has been put up for sale
  • The exchange is no longer active