Review on Escodex by Isaac John
Is this exchange centralized or decentralized??
Escodex is another exchange platform, that is believed to emerge from Estonia. The nation Estonia are also known to be producers of different exchanges.
Basically, exchanges are into two main types. We have the centralized and decentralized exchange platform. But it is believed that decentralized exchange has some edge over centralized exchange. This is mainly because, the trader is given absolute control or ownership over his trade. But escodex exchange has failed to inform its users on which category it belongs.
, although this exchange is not available anymore, the developers did well by informing its users before time, that it will soon be out of time. A lot of traders were able to track back their tokens before time.
is not available, but on my last research, I discovered that this exchange is now operational, even when the real owners of this exchange didn't notify us on the reopening of this exchange. It is believed that scammers has hijacked this exchange, with the intention of scamming people under the name of this platform. As information given about this exchange by them are majorly false.
a simple term, escodex exchange is unavailable. Don't fall victim to scammers.
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Pros
- Nothing positive to write about this exchange, as it is now out of service. Although the developers did well in warning its traders before the closure of the exchange.
Cons
- Escodex is no longer operational.
- scammers are using this exchange to scam people, by giving false information under the name of this exchange.
- This exchange has been unable to properly classified itself on which exchange its belongs.
- Escotex is very unreliable for trading.
