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Lagos
4 Level
147 Review
217.75 Karma

Review on Squirrex Exchange by Micha Joe

Revainrating 1 out of 5

Squirrex is a big failure.

Launched earlier on January in 2019, Squirrex Exchange is a semi decentralized exchange, that is, it is an intermediary between a centralized exchange and decentralized exchange. From the information I found, Squirrex Exchange aims to be a safe and reliable exchange for cryptocurrency traders but right now, many can tell that it is a scam.
The funny thing about this exchange is that it was launched in 2019 and still shutdown in the same year not even spending a year. I tried to find out what caused it but it doesn't even makes any sense because it was launched and shutdown in the same year. You can find only very few information about this exchange and with that, I will conclude that Squirrex Exchange is not a reliable exchange and no longer active.



Pros
  • I don't see any reason to use it.
Cons
  • It is not active.
  • It is not a reliable exchange.
  • It failed to perform its mission.