Review on Five Star Exchange by Anyoma Gabriel
The exchange has no trading volume recorded for several months now
I am a regular user of dragon ex exchange and other upper class exchanges in the world. But as a first revainer I decided 6o explore smaller exchanges, then I came across, Five star exchange. Five star exchange is an exchange which is originated from Indian. It is a direct peer trading medium where several cryptocurrencies are purchase and sold. According to the fiat currency this exchange support, you will get to know indirectly that the exchange is solely made for Indian traders. Though I was able to access the website of the exchange but I was not okay with the trading environment. Also the about us section does not even have information about the trading volume nor liquidity. But I guess the exchange should have a sensible trading volume since it supports over 55 different cryptocurrencies including popular cryptos like etheruem and bitcoin etc. I checked out for the telegram account of this exchange, and I realize
it has up to 4.3k subscribers and also active till date. Since this exchange has no order completed for over a month, I hereby conclude that it is inactive, thus making me not to trade here.
Pros
- It allows peer to peer trade
- It has good number of users meaning it is popular
- It supports different type of cryptocurrencies ranging from 1to 60 and above
Cons
- Am not too comfortable with the trading background
- It seems inactive now
