Review on Dagx.live by Killer Bean
Ceased operations the same year it was founded, all because of cyber attacks
Usually, alot of factors contribute towards the sudd
en and unprepared closure of an exchange, this closure can be as a result of >>> Lack of proper funding to start and continue the activities.
>>> Poor management or developement team that cannot properly control the activities of the exchange and finally,
>>> External cyber attack, aggravation or simply known as Hacking.
Hacking seems to be the major factor that alot of exchanges suffer from and this leaves the exchanges no choice but to close up and come back when things have become better while others just fold up the exchange permanently.
This is the case of Dagx dot live exchange which was founded in the first quarter of 2019 but didn't even live up to the first quarter of 2020. The exchange closed up in December 2019 after sufering a major cyber attack. Since then there has been no words of relaunch by the exchange, so I'll implore traders to stay away from this exchange for the time being. Any new activity by this exchange would be followed up in my update about the exchange
Pros
- There's no positive aspects to this exchange
Cons
- The exchange has been closed down by its founders
