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Tux Exchange Review

13

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Terrible

Revainrating 1.5 out of 5  
Rating 
1.4
Crypto Exchanges

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Description of Tux Exchange

Tux Exchange is a Canadian cryptocurrency exchange that offers spot trading for bitcoin and popular alternative cryptocurrencies. Ethereum, Litecoin, Dogecoin, Peercoin, Dash, Namecoin, Zcash, Emercoin, Potcoin, Blackcoin, Emercoin, Syscoin, Counterparty, Golem, Iconomi and PEPECASH exchange are currently available via our bitcoin market. The company are incorporated in the province of Ontario, Canada (2414534 Ontario Inc.) and opened for business August 14th, 2016.

Reviews

Global ratings 13
  • 5
    1
  • 4
    0
  • 3
    0
  • 2
    3
  • 1
    9

Type of review

Revainrating 1 out of 5

What this exchange is, I don't know.

Tux exchange is another one of those exchange services that turns out to get you lost in a myriad of non plausible information to pick from. This exchange which is purported to be of Canadian descent, I couldn't find anything else out. When I tried to load open it's website to see if it still operates, it did opened up but surprisingly, what I got from my view was not an exchange but appear to be like a Crypto forum. I don't know if the losing of Tux exchange here was wrong or something else,

Pros
  • There is no positive comment here
Cons
  • The exchange doesn't appear to work despite the fact that it's website loads up properly
  • There is complete lack of information on the exchange

Revainrating 2 out of 5

The exchange has closed down as well

Tux exchange is a centralized exchange from Canada. Tux Exchange is no longer active as it announced in one of its posts (I jave provided a screenshot below). When i loaded the page the first time, I was not seeing related to the exchange i kept seeing different pop-up message. It was then i came across the message relating to its shutdown. The main reason for the shutdown was as a result of strict regulation by the regulatory bodies. The exchange eventually closed down on July 6th, 2019. The…

Pros
  • There was a prior announcement before the exchange closed
Cons
  • The exchange is no longer functional

Tux exchange come from Canada. The exchange came as a centralized exchange. Seriously I don't gave much to say about this exchange, the little research I have made about it is what i will be discussing. The exchange didn't give me the privilege to reach it website as they have closed down trading activities in the year 2019, at around July. The trading volume is not impressive. Please don't try depositing here, as the exchange is out of service. The customer services don't reply to my…

Pros
  • None
Cons
  • The exchange has little about itself
  • The telegram not active

Revainrating 1 out of 5

This exchange has stop giving out trading services

This exchange I will he writing on today is one we. To do away with. Tux exchange was established or founded in Canada. This exchange was known to trade crypto currencies and gas a very Good trading interface and an affordable price fixture. But today, all of this services can't be enjoyed. I personally tried to login the website of the exchange, but I continue receiving some irrelevant messages, which got me frustrated and left the exchange. I don't think this exchange is available in the…

Pros
  • None
Cons
  • Irresponsible customer service
  • Not more available
  • I was unable to reach the website

Revainrating 1 out of 5

A non informative project.

It seems Canadian Exchange has the most amount of useless project. This platform couldn't be classified as a cryptocurrency project. The features and rating is clear and concise. This platform lacks proper information I don't think it was designed to be an exchange, the inactiveness of this platform is so real that you don't need to make much research My review about this platform will be short, because if something those not affect the lives of people then it doesn't suppose to exist. For me…

Pros
  • Not an active project. No use.
Cons
  • This platform lacks information.
  • This project is as bad as anything, not recommend for use.

AAmidst the many scam exchange platforms we have on the blockchain network, there seems to be some legitimate ones. These ones have proven their legitimacy in everything they do, and have even gone as far as proving it when they decided to close down. The best and honest way to close down an exchange platform is to make a public announcement to the traders that actively use the exchange platform so they would be able to get their funds away from it, instead of leaving poor traders funds on the…

Pros
  • The exchange platform was honest even to the point of closing down, that happens to be the reason why I am giving this review a 2 star
Cons
  • The exchange platform is no longer functioning

Revainrating 1 out of 5

A useless project.

this is a Canadian Exchange that was developed in August 18 2020. This project was designed to give fast transactions of buying and selling cryptocurrencies without the presence of delay. Basically this project has lost it's tracking. There has not been any form of transaction with this project. It has not added any necessary value to any investor before, this project is as useless and bad as anything. The only information given was it's foundation and that those nnkt suit any interest of an

Pros
  • No productivity.
Cons
  • Not a good project everything is bad.

Revainrating 1 out of 5

where should I even classify this exchange?

Although, there are over thousands Exchanges available, which leaves the trader the trader with lot of options to choose from. However, not all the exchanges are ideal for trading. Most of this exchanges are merely just carrying the name, with nothing to show for it. Tux Exchange is among those Exchanges that carries the name of exchange,but failed to perform the duty of an ideal exchange platform. Access to this exchange is very easy. But what is contain in the content of this exchange, has n

Pros
  • Nothing positive to write about this exchange.
Cons
  • Tux Exchange seems to be out of operation.
  • This exchange doesn't perform the function of an ideal exchange.

Revainrating 1 out of 5

TUK Exchange can't be trusted.

Tuk exchange is another trading platform, that traders should watch out for, when selecting an exchange. As it hasn't fulfilled what it once promised to it users, when it was newly released. Tuk exchange is known to be a Canadian exchange platform, that was created to support trading on different Cryptocurrencies, with the inclusion of Bitcoin, litecoin, ethereum, Zcash and many more. Although, this exchange was doing fine, in its early days, ait provides easy access to its website. The tradin

Pros
  • Nothing positive to write about this exchange.
Cons
  • The main Web page of this exchange is not accessible anymore. Information regarding this exchange is not given.
  • The trading volume of this exchange is very low.

Revainrating 1 out of 5

This enterprise was not subsidized.

Tux Exchange is a digital currency trading in Canada, offering exchange for bitcoin and a well-known digital currency. Ethereum, Litecoin, Dogecoin, Peercoin, Dash, Namecoin, Zcash, Emercoin, Potcoin, Blackcoin, Emercoin, Syscoin, Counterparty, Golem, Iconomi and PEPECASH are currently available in our bitcoin market. The organization was established in Ontario, Canada and opened on August 14, 2016. This is not a market or mass exchange process, but a site that responds to unique ambiguities…

Pros
  • There is no master to improve.
Cons
  • No work.
  • It does not work with the replacement of equipment.
  • Clearly, this organization is reluctant to create a higher system to help them understand what it really is.

Revainrating 1 out of 5

Tux Exchange: It is not a Real Development for Trading

Tux Exchange Is not what users think it is. It is not a market or a public trading platform, but just a site where lots of anonymous charts appear and offer answers from unknown activities. This site doesn't work for the trading of capital in crypto. So, it is very difficult to know how it works. After deep research in some of the areas available, I just saw the project is an incomplete financial window. It looks a little updated, and the tools available there are not the best. In general…

Pros
  • It doesn't have positive aspects to mention.
Cons
  • The project is not focused on financial activities. It doesn't work with tools for trading.
  • It just offers charts with public but anonymous responses from unknown servers.
  • The team is not committed to developing a better strategy that helps to understand what is really this company about.

Revainrating 5 out of 5

Tux Exchange is an exchange platform.

Tux Exchange is apparently targeting the more nerdy traders who are interested in alt-coins only and offers only cryptocurrency trading. It has a fairly good selection of coins, but they can only be traded against the Bitcoin and not against each other of for fiat currencies. This, in our opinion, could be quite limiting in many respects.

Pros
  • Location.
  • Low Trading fees.
  • Favorable Client reviews.
  • Low Transfer fees.
  • Good Security.
  • Accepts US clients.
Cons
  • No Leveraged trading.
  • No Fiat currencies.
  • Few Pairs.
  • No Credit cards.
  • No Regulation.

Tux Exchange may want to create a light, basic, easy, cheap and fun exchange for everyone to trade. My opinion is that they are successful, but it creates many problems especially on the important aspects such as security and liquidity. The situation should be better if they come back with some astounding changes

Pros
  • - The registration process is very fast and easy - Their design is very simple but effective. Newcomers can start their first trade within minutes - Deposit and withdrawal processes are very fast - Trading is very basic to learn - There is no deposit minimum limit - Withdrawal limit is not available - Withdrawal fees are low - They allow "0% makers fee" policy - Friendly mods and supports - Flawless mascot - The price is not much different from the correct price even though there are not many traders
Cons
  • - The exchange is really simple.They lack many important features for trading although the processes are very fast It does need to add more feature to increase the volume - I really concern about their security as their operation is almost inactive - They only have 2 social media channels: Telegram and Twitter. However, they are really silent. No actions.