Review on Neraex by Maikudi Dantala
Nera Ex is a scam exchange,that has a very few number of market
Nera Ex is a centralised Japanese exchange which I discovered in 2018. I registered on this platform in 2019 but later on discovered it was hacked before.
It was established in 2017 by Nera Exinc. Boba O technology co Ltd. I would rather classify this exchange as a scam exchange because, after discovering it had once be been hacked, i left the exchange. But recently, I was conducting my researches and found out the websites server is down. It wasn't accessible by me anymore.
Besides, there isn't much information in their website. I guess this is as a result of it's centralised nature. The trading volume is even$o! . This exchange is visibly inactive and I would rather advice investors not to choose this exchange except they would love to lose their funds. When i joined this exchange, I realised it had a very few number of markets, actually below 10. It's withdrawal fees for me were 0.002BTC. This is even too high for an invaluable exchange of this nature. My transaction fees were of 0.5%. I had to deposit via other methods apart from credit cards as this method wasn't supported. It allowed me to trade through crpyto and fiat though, with transaction fees of 0.5%.
Pros
- None
Cons
- The exchange is visibly inactive
- The exchange has been once hacked
- The exchange doesnt have much information about it self
