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Azerbaijan
1 Level
458 Review
1005.25 Karma

Review on DACHExchange by Hasan Abbas

Revainrating 1 out of 5

My review about DachExchange

Hello to everyone. Today I will write to you about DachExchange. Dach is a crypto exchange created in the UK in 2019. First of all, I must say that this exchange was closed a few months after it was created. Despite my research, I could not find any social media accounts belonging to the exchange, nor an official explanation about why the exchange was closed. I could not find the feedbacks of the customers of the exchange on the internet, so I don't know if any of the customers' assets remained in this exchange when the exchange was closed.
DachExchange, which was not so famous according to my research, had very few customers. Therefore, there are no statistics about transaction volume. DachExchange, which was planning to become a major global exchange during its operations, failed to do so as we can see. I think the main reason for this was that there were no advertisements and events organized by the exchange officials. In short, in my opinion, the strategy executed by the exchange officials was very wrong. That's all I have to write because the exchange is "dead" now, thanks for reading my review. 
img 1 attached to DACHExchange review by Hasan Abbas



Pros
  • No good side
Cons
  • Stopped its process a while after it was created
  • it was a small exchange so there are no statistics on trading volume
  • I could not find any social media accounts belonging to the exchange, and there is no official statement about its closure.