Review on VINEX Network by Adejoh Samuel
The Vinex Network
The Asian part of the world and Singapore especially are the top leading continents and countries respectively in cryptocurrencies related projects, most especially exchange platforms. Some exchange platforms like DragonEx, ABCC and JBox are all Singaporean and here comes another, the Vinex
It is a Singaporean exchange platform that has started operation in the year 2018. It has the capacity of trading multiple cryptocurrencies with the Bitcoin and Ethereum amongst them. It uses a cold type of storage thereby stores it's users funds and digital assets offline and keeping it safe from the prying eyes of hackers. It is mainly a crypto to crypto exchange platform and doesn't allows the trading of fiat. It charges a trading fee of 0.25% and 0.20% for takers and makers respectively. And this I consider high because there are some available exchange platforms that offers a low trading fee of even 0.1% and 0.15% and to keep up with the competition, the Vinex Network should provide quality services at a cheap
I would sincerely recommend this exchange platform for its security and not for its trading fee which I find exuberant
Pros
- It is a cold type of wallet, making it less prone to hackers as it stores it's users funds offline
- Trades a wide range of assets including Bitcoin and Ethereum
- Multiply languages are available on the exchange platform
Cons
- The Vinex Network charges a high fee as trading fee
New products
Comments (1)
December 19, 2020
The Vinex Network is an exchange platform that was newly established, it happens to charge a low trading fee of 0.2%. The company has proved itself worthy of serving the world by making their platform multilingual. They have provided their service in multiple languages which is hard to come by in most exchange platforms
