Review on Satowallet by Idris Ladidi
Trading in this platform has been suspended
This is another Nigerian exchange called satowallet, which was established 4 years ago. The platform is a Nigerian personalised company which was licensed or based in Dubai. The exchange was shut down not quite long after it was launched. In 2019, a report was received from the company on the issue of their hacked devices of which worth over $1 million dollars while other people says that the platform purposely carried out an exit scam. Though trading in this platform is not possible. Being a patriotic Nigerian citizen I was proud to make use of this exchange, but unfortunately when I tried to access the website it was shown to me that the exchange is inacessibe. Trading in this platform has been paused, hence no good news about this exchange has been heard since its in activeness. To be at a safer part, it is better to stay away from satowallet.
Pros
- None
Cons
- This exchange has been hacked and most of the funds where stolen
- It has expired domain
- Also has been suspended
