Jumping into the train of new projects, in the form of exchange platforms majorly happens to be a not too wide idea, in fact, I see it as a Foolish idea. This is because some Traders just join the Train without making any research it getting to know more about the project they are trying to invest in.
I came across an exchange platform, not an investment platform this time around but they do have some things in common, that happens to have shut down presently. This exchange platform is known as the RFinex exchange platform. It is one that was registered in the United Kingdom and started operating in the year 2017. The exchange platform happens to have scammed people with their platform token, the RCoin, which they were able to do using the Pump and Dump strategy. This really interested many traders and they eventually closed down, leaving the coin useless.