Review on TAGZ by Hasan Abbas
Tagz is one of the "dead" cryptocurrency exchanges
Hello to everyone. Today I will write to you about the Tagz crypto exchange. Tagz was established in Australia in 2019. The creators worked hard to make the exchange serve people well, but Tagz was only able to serve people for 1 year. In mid-2020, the exchange reported that it was officially closed due to weak trading. But in addition to this notification, the authorities announced that the exchange will be reopened within a year, and that it will provide better service to people. The fact that the official site is put up for sale a few months after this announcement indicates that the stock exchange has completely stopped its operation.
If we look at the statistics of Tagz's time periods, we can see that the customer satisfaction in this exchange is not good at all. I think the main reason for this was the gaps in the security system. In addition, when customers wanted to withdraw, they faced a large transaction fee. So I think closing the exchange was the best decision, because if the exchange had worked a little longer, it would have gone bankrupt. That's all for now, thanks for reading my review.
Pros
- Couldn't find anything good about this exchange
Cons
- The official site has been removed, and it is possible to find very little information about this exchange
- Even if the officials announced that the exchange would be active again within a year, after a while the official site went up for sale, extinguishing the hopes that the exchange will work again.
- Customer satisfaction was very low even when the exchange was working, the reasons for this were security problems and transaction fees.
