Talking about Exchanges that turned out to be a failure, I am here again to give a little breakdown of my experiences of trading cryptocurrencies on different cryptocurrency exchanges which has really given me the opportunity to observe a lot of differences in features and trust in some cryptocurrency projects as well as the crypto Exchanges. In the world of cryptocurrencies and Blockchain technology today, just as you also should have known, there have been a lot of cryptocurrencies as well as many Exchanges which as led to difficulties on distinguishing between scam projects at times but I think that should not give you any problem as far as you go as far as making in-depth researches about them and their developers, however, most of these projects are the wrong choices but might claim to be the best offering so just be careful while chosing an Exchange to trade on. That is why I recommend that you go for the best, the surest and the well established once which are popular today to enable you trade with rest of mind.
That was just a little advise, today on this review of mine, I would be using this medium to discuss about this cryptocurrency Exchange which was established not long ago in the year 2019 but as of now, it is no longer active for trading your cryptocurrencies, without wasting much of our time ๐ the exchange I will be discussing about is the LeverJ Exchange. Giving a little kickback in time, I once knew this Exchange as a very nice exchange to trade your digital assets but as it seems to be today, that impression about LeverJ was not right. That is why I was trying to explain that not all Exchanges that appears to be nice Exchanges are the right choices because as the popular adage quotes; not all that glitters is gold so try not to fall for a scam. At that time, I thought this Exchange, LeverJ, was going to be one one the upcoming cryptocurrency Exchanges that was going to beat the common ones we know today, but it has had a set back and I can not imagine what would have led to its fall.
Moreover, LeverJ described itself as a leverage Exchange, that is, a decentralized leverage Exchange and I was also had the opportunity of exploring through its platform's interface and I rated it then as a nice exchange only to find it as a dead Exchange today. On LeverJ then, LeverJ used to support leveraging as the name implies, it supported users who provides liquidity on its platform and rewards them for their job well done. It had many users and was doing fine but no longer available. In conclusion, I would advise us to be careful with Exchanges we jump into to avoid regrettable results.