Review on KuangEX by Daniel Stephen
Kuangex Exchange
Kuangex is a centralised Chinese exchange for virtual currency. The exchange posted a twit on their official Twitter handle On February 3rd 2021 that it was going to suspend trading all the activities going on via their exchange platform. The exchange showed a sense of sincerity by disclosing to the traders on the exchange through an official announcement that trades be suspended on the exchange platform and so they admonish all their esteemed traders to withdraw their assets if they have any on their trading account. Most exchange often shutdown without any prior notice to traders and most times they often abscond with their funds,but Kuangex was sincere enough to allow its traders to know it's intention,and for that I think they deserve a 3 star rating.
Pros
- The shutdown was announced and made official
Cons
- It has suspended all trades
