Review on MBAex by Praise Olagbadun
Another Chinese Exchange Platform
TThe MBAex exchange platform happens to be one of the many exchange platforms that focuses on a specific type of people. In their own case, the exchange platform focuses on the Chinese market. This is proven by the fact that as I was trying to set up an account with them, I was welcomed in Chinese. If not for the little knowledge I had in the language, I might not have been able to access the platform. This is because most traders who would like to use their platform might not be Chinese speaking people but understands English language better.
Another significant proof of the fact that the exchange platform is focused on the Chinese market is the fact that their interface has been translated in both the Traditional Chinese and Simplified Chinese. They also have it in Korean and English too.
The exchange platform also looks quite suspicious to me. The reason is because of how much they stop offering their services to a specific group of people. At first, they stopped Chinese residents from registering. And then they stopped serving Singaporean traders. They have also delisted some coins too. All these are proves that the exchange platform might be closing down soon.
Pros
- I sincerely love the fact that they support multiple languages
Cons
- The exchange platform looks suspicious to me, it's better traders stay away from it
