Review on DragonEX by Mayra Coba
Decent platform that suffered an attack and needs security improvements
Dragonex is a Singaporean exchange in Asia. It is a platform with a good relationship in terms of customers and they try to be as transparent and efficient in each deal. This is obviously due to an attack suffered in 2019 where not much was revealed about how many cryptocurrencies were stolen. What I don't like is that despite everything there is still an absence of KYC after the attacks and this makes it very vulnerable. However, it is a platform with many advantages and has its own token called Dragon Token (DT) that is quite striking. It is an exchange that focuses more than anything on the Chinese market and is surprised by its rapid growth, unfortunately it has a lot of risk and has lost credibility after the attack suffered.
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In my opinion, I think they should improve in terms of security and develop systems that make users feel confident when making their transactions. The truth is that it is a platform that attracts a lot of attention and I do not think that it should be forgotten by a simple hack that happened to it, sometimes the failures make us improve.
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Pros
- It is a platform with good decent interface and clear objectives.
- Multiple decently compounded altcoins for such a young project.
- It has its own token that can be traded and is also eye-catching.
Cons
- He suffered an attack and remains vulnerable due to the absence of KYC.
- You need to improve a lot in terms of security in order to gain the trust of many users.
