There are different types of blockchain on which some exchanges are created on, some of the blockchains have a particular advantage ovwr the other. EOS blockchain for example has been known for its simplicity and its generally low cost of transaction which makes it a nice blockchain for an exchange to be launched. EOSEX exchange is one of such exchange launched on the EOS blockchain, it is a community driven exchange founded in 2018. Initially, I thought it was a centralised exchange only to discover that ut was a decentralised exchange. Being a decentralized platform, it makes extensive use of decentralised servers to reduce risk of cyber attacks and manipulations. Unfortunately, this exchange is no linger in existence, it founders have no trace of existence, the Telegram account of the owner of the Telegram group has been deleted. With all these, there is a very high chance that EOSEX exchange is a Scam Exchange. Great care should be taken, when dealing with exchanges like this, as some unidentified individuals can claim to be the owners of the exchange and might end up scamming the innocent user!