Review on Oasis Exchange by Killer Bean
Oasis has seized operations !!!
This is one exchange I discovered a while ago and I actually loved trading with the exchange. I got to know about this exchange through Revain( that was when I discovered that this exchange was shutting down, I have provided the picture below). This exchange is a decentralized one and I think it has used its decentralization to its best, through this way users stay anonymous and are usually in control of their funds. The trading fees and withdrawal fees are currently not available as publicly accessible information. This exchange has moved its marketplace to Eth2Dai. Users should however be careful of scammers who may take up the domain of the website and use it slto collect personal information and eventually steal users funds. I would flag this exchange as Red and would advise the Remain community to delist this exchange since it closed down its operations since 2019. It is believed that since this exchange is decentralized it would be hard for there to be instances of server downtime since the servers are decentralized. I would still advise users/traders to conduct an additional research in order before making any form of deposit in this domain.
Pros
- The exchange had an announcement before it closed its operation,hence it cannot be called a scam exchange
Cons
- Transaction fees, withdrawal fees and deposit fees aren't available as publicly accessible information
- This exchange has been shut down
- The exchange is not very popular among traders
