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Minna
1 Level
102 Review
16 Karma

Review on VinDAX by Afan Ibrahim

Revainrating 3 out of 5

VinDAX emailed it users that the platform is down.

At the time where this exchange was launched it certainly provided up or more than 13 unique trading pairs which made trading a most easy task to carry out and as a matter of fact there were many currency traders who were willing to make exchange on the platform. However,few years back it had to email virtually all it users that it has lost identity and profile for each users information which means it is no longer responsible for the security detail of the platform. Although,it is still recommended that this platform was one of japanese best exchange before it was hacked. The hack cost losses not only to the platform going bankrupt but also it users who had funds registered under the platform and at that moment no user was able to have access to their funds anymore.

It recorded losses worth about $500,000 worth of cryptocurrency which was not only the company's find but other deposited funds from it users.

Pros
  • No positive aspect for this exchange.
Cons
  • It is inactive without service available.
  • Suspended service.
  • It is offered partial compensation.

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