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Review on DragonEX by Joseph Bello

Revainrating 4 out of 5

DragonEx One Of The Worlds Best Community Exchange

Today I will be talking about an exchange in Singapore. Singapore is a renown located in the world that hosts the best and largest exchanges in the world and with that In mind DragonEX won't be an exception also. The exchange came into limelight in 2018 as a crypto to crypto exchange with an aim to become one of the best community exchange in the world.
The exchange has given me access to a wide range of altcoins such as Ethereum ,Tether and including Bitcoin,with a moderate & affordable trading fee, Margin trading and to crown it all, it is licensed (this assures me that the exchange can't run away with my funds),this features makes the exchange an ideal option for me.
The exchange is just coming out from the shock of the recent breach it encountered in 2019 by a mysterious group of unknown hackers which has lead to the lost of assets worth millions of dollars. I was impressed by way and manner the exchange took responsibility of the whole issues and handle it diligently by compensating their customers and by so doing they won the trust of many of their distinguish customers by showing them that they are accountable,reliable and always ready to take necessary measures in addressing any problem the users might come across while using the exchange.
Despite the recent incidence the exchange still performs well, this can be seen in the introduction of multi languages to its existing feature to enable users who don't understand English to easily navigate and use the exchange . The exchange can still reclaim its niche as one of the best community exchange in the industry if it put all its system back in order. My only advice to those whom might wish to try out the exchange now is that they should apply caution .



Pros
  • The exchange is licensed
  • Their services and collections of altcoins are encouraging
  • The exchange now posses multi language features
  • it has a simple user interface.
Cons
  • The takers fee of 0.2% is quite high
  • It does not accepts flat deposits via payment cards