Review on TimeX by Samantha Beatrice
My first exchange
Over the years, there hasn't been any major difference between centralized and decentralized exchanges because the flaws of centralized exchanges end up being the advantages of decentralized exchanges. Well, some exchanges actually combine the features of this two types of exchanges, this type of exchanges are known as Hybrid exchanges. Hybrid exchanges usually combine the quality aspect of one type of exchange and tue quality part of another. Well, Timex is an example Hybrid exchange. Timex was launched in Australia, this is actually the first exchange i have come across that comes from Australia, well it was launched in 2019, pretty young right? This exchanges trades a couple of cryptocurrencies like BTC, ETH, LTC, XRP and a little more even the exchange has its own token TIME. The interface of the exchange makes a good trading point for traders and investors. I haven't got much to say about this exchange but i can for sure say i dont really like the exchange's trading fee. I haven't been able to try out the exchanges customer support yet.
Pros
- This exchange is very easy to use
- This is my first exchange from Australia
- The Exchange has a nice trading interface
- There hasn't been any news of hack on this exchamge
Cons
- The fee system doesnt encourage trading
