Review on THDax by Killer Bean
A scam exchange from Malaysia
Available for use in both IOS and Android devices, ThDax exchange is a spot exchange which is still accessible and seems functionality. It is one of the first I encountered from Malaysia, it claimed to use AI technology to make trading more convenient for its users, hence it processes about two million transactions per second. The webpage though slow, has an eye catching interface and contains the real time prices of the cryptocurrencies traded. One will assume that this excjange is still active but from my analysis and research, I was able to prove that this exchange was most likely a Scam and has given Malaysian exchanges a bad impression at large. The Telegram group has alot of members who were complaining of the inability to withdraw but there hasn't been any response from the admin, only for me to discover that the admin and the owner of the group had been inactive since october 31st 2020. Moving on to the Twitter account, I also found out that it waa suspended, probably due to lot of reports from people who were scammed.
After reading this review, I don't expect any trader to be found around this exchange. Alongside all these, I'll be dropping some screenshots of my findings.
Pros
- No positive aspect to describe at all❗
Cons
- The page "About Us" had been deleted from the website
- This is clearly a Scam Exchange
- No trading volume
- The founders have run off with Traders funds
