Review on DragonEX by Benaiah A. Akinlade
Transparency of DragonEx
DragonEx is based in Singapore. There was an announcement on their social media platforms that they were hacked in 2019. They did not disclose how much crypto was stolen.
I noticed that the platform have a good customer relationship as they try to be transparent in their dealings. This is seen from they way they made the security breach the company suffered public.
I highly recommend it for investors who want to sell or buy as soon as possible because there is no “Know Your Customers” verification process for trading and withdrawing.
But absence of KYC means that it can be easily used by fraudsters.
Pros
- It provides a platform where investors can experience all types of trading.
- The platform is well designed and easy to use.
- The company is transparent in it’s activities
Cons
- Security can be easily breached due to absence of KYC
