Review on SwitchDex by John Aledare
Another failed exchange
SwitchDex was built on the Ethereum block chain. It was also powered by Ox protocol. It is a decentralized exchange. SwitchDex kicked off in 2019 just two years ago (as at the time of writing this review) It only trade Ethereum and ERC-20 Tokens although The exchange had its own token called "SDEX" which was an ERC20 token, the use if this token ensured a lower trading fee even though the exchange originally hsd a trading fee of $0.2. For quite a while now the exchange seems to have been inactive as there has been no form of information from the exchange on their social media outlets since December 2020. Some traders claim that the exchange closed down with their money. The exchange website is inaccessible and it would be safe to assume that this is another failed exchange.
Pros
- It was closed before it was recommended to me so none.
Cons
- It is a scam exchange
- It is inaccessible
