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Azerbaijan
1 Level
458 Review
1005.25 Karma

Review on VitBlock by Hasan Abbas

Revainrating 2 out of 5

My review about VitBlock

Hello to everyone. I will write to you today about VitBlock. VitBlock is an exchange created in Singapore in 2018. First of all, I have to say that this exchange stopped its operations a while ago with an official announcement. According to the information I received, the exchange allowed all customers to withdraw their assets before it ceased operation, so I cannot describe this exchange as a fraudulent. Due to its speed and low wages at the time of its creation, the exchange managed to attract many people's attention.
In fact, according to my research, when it was active, it organized frequent events to attract more people. It also partnered with Okex and some other major exchanges, which shows how great the exchange managers are doing. But as time went on, the increase in transaction fees and the decrease in transaction speed reduced people's interest in the exchange and eventually announced that the exchange was officially closed. Thanks for reading my review, that's all I have to write because the VitBlock exchange is no longer active. 
img 1 attached to VitBlock review by Hasan Abbas



Pros
  • Repaid all assets of customers before it was closed according to the information I received
  • Partnered with some major exchanges, and frequent events were held.
Cons
  • Now a "dead" exchange
  • Exchange went bankrupt thanks to some wrong strategies