Review on GCOX by Robiul Islam
Is GCOX legit or a scam?
I have been a user of GCOX exchange since 2019, after a long period of development they launched their exchange and did extensive marketing. Trading started with almost all popular currencies, however, most of the users were participants in Airdrop. GCOX could not attract real traders.
I appreciate their interface, it's an easy-to-use platform that both beginners and expert traders can use. Deposits and withdrawals are executed very quickly, this is what I have experienced and I still have some funds in my account. But my main concern is that there is no clue about the trading volume.
It would be empty-headed to deposit any funds in GCOX even though most of the deposits are closed. You can see it in my added photo. Another concern is to do KYC here. And finding their customer support is pretty hard. I'm giving a low rating because I don't think GCOX will be able to start again from this disaster.
Overall, About GCOX I would like to say that they wanted to make a fresh start in the crypto market but due to a lack of users, the platform could not be revived. I am clarifying the question GCOX is not a scam exchange, it was a legitimate exchange but now it has lost its functionality and is in a period of low activism due to lack of trading volume and user. I say again the platform is still active.
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Pros
- An easy to use platform.
Cons
- The development and marketing of the exchange is closed.
- Most currency deposits are closed.
- KYC is mandatory.
- The minimum trading limit is quite high.
- It is very difficult to get response from customer support.
- There is no information about the company on the website.
