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Azerbaijan
1 Level
458 Review
1005.25 Karma

Review on OEX by Hasan Abbas

Revainrating 1 out of 5

My review about OEX

Hello to everyone. I will write to you today about OEX. OEX is a crypto exchange created in Hong-Kong. I could not find any information about the creation date of this exchange. I think this is because exchange officials want to make OEX look like a more experienced exchange. OEX operated for a very short time. This exchange, which stopped its operations in 2019, is defined as a fraudulent by many people. In fact, according to my research, some people say that their assets remain on this exchange and they cannot withdrew. I could not find any official information regarding the shutdown of OEX.
That's why I see this exchange as a scam. Today, it is not possible to access the website of the exchange. So I have no idea that the exchange is easy or difficult to use. When the exchange was operating, it had customers from more than 50 countries. This is a very good signifier, but I think the main reason the exchange went bankrupt is that transaction fees are above average. Customers were also complaining of frequent delays in transfer times. The low number of trading pairs on the exchange also greatly diminished people's interest in this exchange.
img 1 attached to OEX review by Hasan Abbas

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Pros
  • No good side
Cons
  • Operated for a very short time
  • I could not find any official explanation for the shutdown of OEX
  • High transaction fees, delays in transfer times accelerated the bankruptcy of the exchange