Review on VINEX Network by David Olayide
VINEX NETWORK CRYPTO EXCHANGE PLATFORM CAN DO BETTER
Searching for the best cryptocurrency exchange platforms that best suits your needs is something that should be done with care. This is mostly due to the fact that there are a lot of exchange platforms available today and every one of them has different features. I decided to look into the Vinex Network to see what this platform has to offer. Vinex Network, was established in 2018.
To register I simply submitted my email address and a password. Then they sent a verification code to my email. After I registered I was directed to a page to fill in my personal information. The details form the KYC that most sites use to verify their users. One thing I have noticed about the Vinex Network is that, their page is very simple. The graphical properties are not that sophisticated. But the landing page is built alright.
When I wanted to make some deposits I could not do so with wire transfer or even my credit card. So I had to make a deposit through cryptocurrency. This is one area I think they should improve and add more deposit options so that it will be easier for investors to transact. Then, for the transaction fees I can say that it is on an average level. It is not too expensive and if you are looking for something cheap, then this exchange platform is good for you.
for security most of the crypto funds of investors are stored in a cold storage to minimize the risks of theft.
Like I said, the landing page of the website has a nice design to it and I also noticed that the platform supports about 10 different languages apart from English. French, and German are some of the languages available and I find this to be impressive
Pros
- Multiple language support
- Security of funds through the use of cold storage
Cons
- Limited deposit options
- Low trading volume
