Review on Nazadax by Killer Bean
This exchange just disappeared๐ซ
Centralization plays a major role in this exchange, centralization comes with its advantage as well as its own disadvantages. For this exchange, Centralization has played a more negative role than a positive one. Nazadax exchange is a centralized cryptocurrency and digital asset trading platform launched in China. How has Centralization played a major role here? Well a major disadvantage of centralized exchanges is a frequent occurence of server downtime, this is evident in Nazadax exchange. This exchange has been down for quite a while or maybe deleted, hence the tag, EXIT SCAM Exchange. I went on to check this exchanges on the various social platforms provided, i noticed an air of antiquity, it had been long since they had posted anything concerning the development of this exchange. I went to the telegram, and i saw the limitations in the group, users where prevented from writing in the group. This is a very bad thing to do by any exchange. In order to stay away from avoidable occurences, i urge traders and readers to disregard any news of the existence of this exchange, it is down! This might be labeled as yet another scam exchange. Any confirmed news on this exchange, will be updated in my next review.
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Pros
- There is nothing positive to say about Nazadax
Cons
- Centralization plays a very negative role in this exchange
- Therr is no information about this exchange
- The limitation on the telegram group has made me believe that this Exchange is a scam
