Review on Trade.io by Joseph Bello
Trade . IO
Trade .Io is an Hong kong crypto exchange that has gone into hibernation for a very long period ,but the exchange was kind enough to keep their traders alert about their decision to go into hibernation for a period of time during which all transactions on the exchange will completely cease hence traders where given a little time frame to come and withdraw their funds to prevent permanent loss or inability to access their funds during the hibernation period. During their period of operation before going into hibernation the exchange had a takers fee of 0.1% maker fee of 0.0% for all transactions with a reasonable fixed withdrawal fee for different virtual assets ,this enabled the exchange to acquire a deep liquidity within a year of its existence as a Crypto exchange and it even has it own liquidity pool which is still fully operational after the exchange's hibernation but for the the sake of safety making use of the liquidity pool on Trade. Io exchange might be a risky investment were all your funds might just go down the drain because there is no certainty or assurance that the exchange will come out of hibernation.
Pros
- Traders were able to withdraw their funds
Cons
- The exchange is in hibernation mode
- All operations has ceased
- The liquidity pool can't be trusted
