Review on Nazadax by Olugbenga Ajayi
What is really wrong with this exchange?
Nazadax is a multi crypto exchange that emanated from China. It has on its pits platform multiple cryptos like ethereum, Bitcoin, dogecoin, litecoin and many stable coins. It is ableading exchange that employs the most current block chain technology to provide financial services to traders in the digital space.
The exchange has expanded beyond the Asian market. As a matter of fact, it has plans to expand to all the countries on the globe. It also secured partnership with some Giants companies like Giamin dot IO making it it's first project for the new IEO program.
This exchange is known for free deposit and fair withdrawal fee that is charged in relation to the crypto to be withdrawn.
The exchange also provide additional way to earn passive income. For instance traders can earn from refferal program.
However, it is obvious that something has gone wrong with this exchange lately. All attempt to browse the website proved abortive since the site cannot be reached. Secondly, there is no active and recent representation of the exchange on any social media platform.
Now the question is: have they been hacked or they deliberately run with traders assets? Was there any excuse for this?
Pros
- The exchange used to enjoy high liquidity
- It supports multiple cryptocurrency
- It offers margin trading, spot trading and OTC
- It is available in many countries
- It has partnership with other project in pursuit of expansion
- Transaction fee is fair
Cons
- The exchange has gone missing
- There is no social presence on the social media platform
- It does not deal in flat currency
