Review on SwitchDex by Isaac John
Be cautious of switchdex.
Switchdex is a newly discovered exchange platform, as it was just released 2 years ago. It is a decentralized exchange, it supports trading on ethereum and ERC20 tokens.
Switchdex is an exchange that I so much admired, as it has some great and favorable features.
This exchange was just recently launched and as such, it is still an inexperienced exchange. Traders should only give it time to develop.
Apart from supporting trading on other currencies, switchdex has its own native tokens.
The transaction fees of switchdex, which comprises of both trading and withdrawal fees are very low and less competitive.
Although, this exchange has done some good during its active days, but as of now, it is no more active. It might be out of service or even closed down. There haven't been any update on either of its social media platform.
Switchdex is less reliable, it should be engaged with caution.
Pros
- switchDex has low trading fees
- The user interface is very friendly, as it encourages trading on the platform.
Cons
- This exchange has been inactive for some while. it might be close down.
- No information regarding its reopening has been given.
