Review on KuangEX by Victor Nnamah
KuangEx has not been operating.
Lately, there have been many exchange that has been developing or designed and with what I'm observing, most of them are all proving to be a scam because they are not able to meet up with the challenges they face and with the competition from all other existing ones that are already successful. One of these exchange is KuangEx.
By my knowledge about it, KuangEx is a centralized exchange platform that offers both trading and computerized mining services which was established on the 1st of October, 2019. It is based in China but the most confussing part is that it also has its head quarter in Ireland. As of when it was still functioning, KuangEx enables users to make fast digital asset trading and also allows for mining currency digital assets. It really had a great aim of becoming the world's top trading platform but I don't see any effort from them towards achieving that purpose because for a while now, it has not been trading and there are no available information about its trade so far. There is no current regulation on its platform and the website is not reachable.
Moreover, it is available on two social media sites; telegram and Twitter but with a very low number of followers for an exchange platform. The last tweet I got from its Twitter account was since February as it requested for the withdrawal of assets by its users.
Finally, I think it is going through series of upgrades and developments, I just hope things turn out well.
Pros
- It supports mining.
- It aims to be a good platform.
- It enables fast and secure digital asset trading.
Cons
- It has been suspended since February 2020.
- There is no information about its trade so far.
