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Lokoja
1 Level
12 Review
25 Karma

Review on Fides by Responsible Child

Revainrating 2 out of 5

Fides...

I never got a chance to use this exchange called Fides. But, I have heard so much about this exchange. It is an exchange with a very great interface and it is trust worthy. I have heard of many people who started to the fact that the exchange provided very reliable fast and even efficient trading experiences.

But the truth is that nothing good lasts forever. This exchange student just a year in the every growing world is crypto exchanges. It started on 24th of July 2019 and due to some financial problems, it closed on 31st of December 2020.

For an exchange this great, i am quite baffled as to why it didn't start looking in the crypto world. Intact on their website a page now was left on the reason why they had to close down operation. It stated in summary that they had closed operation due to financial challenges. They also stated that they would require 20 BTC in order to come back to activity.
I'd like for the exchange to come back to life therefore, no donation is minimal.



Pros
  • During its active time, it provided users with great trading experiences
Cons
  • Fides exchange seems to be out of business