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TAGZ Review

12

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Poor

Revainrating 2 out of 5  
Rating 
2.0
Crypto Exchanges

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Reviews

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Type of review

Revainrating 1 out of 5

Tagz is one of the "dead" cryptocurrency exchanges

Hello to everyone. Today I will write to you about the Tagz crypto exchange. Tagz was established in Australia in 2019. The creators worked hard to make the exchange serve people well, but Tagz was only able to serve people for 1 year. In mid-2020, the exchange reported that it was officially closed due to weak trading. But in addition to this notification, the authorities announced that the exchange will be reopened within a year, and that it will provide better service to people. The fact…

Pros
  • Couldn't find anything good about this exchange
Cons
  • The official site has been removed, and it is possible to find very little information about this exchange
  • Even if the officials announced that the exchange would be active again within a year, after a while the official site went up for sale, extinguishing the hopes that the exchange will work again.
  • Customer satisfaction was very low even when the exchange was working, the reasons for this were security problems and transaction fees.

Revainrating 2 out of 5

The exchange was sincerely god before it closure

Tagz exchange was launched in the year 2019. This exchange has done a very good job in terms of the trading fee . the fee charged for both takers and makers is just 0.01, this fee can easily attracts people to use this exchange. Also the number of crypto currencies this exchange trades is very impressive, it has a deep liquid and trading volume. I am happy for the exchange that it also have it own native token called tagz coin. But unfortunately, I discovered of came across this exchange not…

Pros
  • Affordable fees
  • Easy navigation
  • Highly liquid
Cons
  • The exchange has went off
  • No trading volume

Australian Securities and Investment Commission, or ASIC, has licensed and regulated Tagz exchange. It is a regulated cryptocurrency and digital asset trading platform based in Australia that was founded in 2019. Around 70 coins were traded on the marketplace and approximately 75,000 transactions were being performed every second. With its Cold Storage and even SHA-384 encryption, the trade provided users with ultimate and optimal trading security, the exchange had a very cheap trade charge…

Pros
  • none at all!!
  • all the positive aspect are not useful
Cons
  • the exchange isn't reliable and useful
  • customer support is as good as absent

Revainrating 2 out of 5

An excellent Exchange that has stopped functioning.

Tagz is a cryptocurrency exchange platform that gives it user's 0.01% trading fees which is incredibly low and a trade engine capacity of 75,000 transactions per second. Then tend to increase their engine capacity to be ranked number one in the world as the fastest exchange. The platform created good features regarding to security standard and many other trading support The project seems to be shut down recently after it has been on a domant state for some time. I actually think it might have

Pros
  • Provides a cheap transactions fees for their users.
  • The exchange has the a high trading engine capacity
Cons
  • The exchange has been closed.

Revainrating 1 out of 5

Exploring Another Exchange Platform, TAGZ

TA crypto exchange platform seems like a very nice platform, but it would only happen so if a trader uses the right exchange platform. Traders should also note that for the fact that an exchange platform is good for one trader doesn't guarantee the fact that that same exchange platform would be good for another trader. This is because the taste of exchanges in traders differs completely. For example, a trader might prefer a better interface even if it would cost them more to trade with this…

Pros
  • The exchange platform has its own token, the TAGZ token which helps cut trading fee for holders
Cons
  • The exchange platform is still new, which means it has barely gained much experience
  • The platform is currently on sale, meaning it has closed down

Revainrating 2 out of 5

An Exchange With An Low Fee But It Has Shutdown All Operation

Many investors were attracted to this exchange despite the few number of coins listed because of it extremely low flat fee of 0.01% which is very rare to come across & coupled with the fact that the exchange was also regulated,this helped in making the exchange experience a great up turn in their trade volume just within some months after it was founded in 2019. TAGZ is quite different from other Australian exchange like Coinspot that allows only Australian citizens to use their trade…

Pros
  • Extremely low fee
  • Fast transaction
  • Highly liquid
Cons
  • No longer functioning
  • High withdrawal fee

Revainrating 1 out of 5

Covid-19 might have contributed to the closure of this exchange

During the peak of Corona Virus (Covid-19) in 2020, alot of exchanges were forced to shut down and after a while some of those exchanges started their Trading activity again while others found it as a perfect time to just shutdown. Well we can't say fir sure, but Tagz exchange is one exchange suspected to be shutdown due to the Covid-19 incident. As an exchange, it used to boast of 99.8 uptime which was very perfect for any exchange and even processed about 75,000 transactions per second. With…

Pros
  • None of the positive features of the exchange is useful
Cons
  • The telegram group is not active again
  • The domain has been placed under
  • The Exchange is out of operations

Tagz exchange is an Australian centralized cryptocurrency and digital assets exchange platform where traders can conveniently buy, sell and trade their Cryptocurrencies. Tue exchange used to trade about 70 cryptocurrencies with quite a decent number if active markets. Not longer in service, the exchange closed in 2020 and currently has a domain which is for sale. While it was still an active exchange, it was said to be registered under the Australian Securities Investment Commission, ASIC. I…

Pros
  • The exchange had particularly low trading fees
Cons
  • The Exchange isn't useful any longer

Revainrating 2 out of 5

Australian Exchange closed down

Launched in 2019 in Australia, Tagz exchange was an exchange that offered some good trading features to give users that seamless trading experience they deserve. The exchange supported a wide range of cryptoassets and tokens like Bitcoin, Litecoins, Basic Attention Token, Bitcoincash, ETH and even the exchange own utility token, Tagz coin. The exchange had a very low trading fee which it used well to attract a lot of customers and new users, it only charged a fee of 0.01% for each transaction…

Pros
  • The exchange was a multicurrency exchange
Cons
  • Activities related to trading have been halted on this exchange

Revainrating 3 out of 5

Secure exchange with high transaction processing

An exchange regulated by the AUSTRAC Dual Gateway Exchange, it offers a high-performance trading system, capable of processing a high percentage of orders and confirming withdrawals and deposits made on the exchange without interruption. Developed in Australia, the services are available to any user, however some verification services may be restricted, but support and information about the exchange can be provided by the customer service team. With few cryptocurrencies listed on the…

Pros
  • It is one of the largest regulated exchanges in Australia
  • Offers competitive negotiation rates and project launch programs
  • Constituted by a network of high transaction processing and protected by several layers of encryption in the servers it contains.
  • It has several social media channels with instant technical support.
  • Provides market API and documentation
  • They plan to develop a new customer service AI system.
Cons
  • Currently has problems resuming operations due to external factors
  • Few currencies supported in the exchange.
  • The trading volume within the exchange is not verified.

Revainrating 4 out of 5

Verified exchange in Australia.

This is a small exchange with just 33 verified trading pairs, and a few additional unpopular currencies. It is licensed and regulated by in Australia under the laws of this country, for this reason in order to make withdrawals it is necessary to approve the verification of personal data. Their trading platform is similar to that of other exchanges, so if you already have experience in exchanges here you will not have failures.   The account creation process is easy, just fill out the form and…

Pros
  • Standard trading rate of 0.01%
  • Really fast for the execution of orders.
  • 24 hours online service.
  • KYC personal verification is insured and verified with Austrac, under the guidelines of Australian law
  • License from the Australian Transaction Analysis and Reporting Center.
  • In addition to verification by the Australian Securities Commission.
  • Verifiable records at government sites.  
Cons
  • Personal verification is required to withdraw.
  •   KYC is required for more options.
  • Some countries are limited.
  • Withdrawal fees are high.  

Revainrating 3 out of 5

Australia’s first fully licensed and regulated Dual Gateway Exchange.

Their endeavor is to create a reliable trading environment and a liquid dual gateway exchange that allows users to trade with advanced experience confidently by removing all the disadvantages of uncontrolled cryptocurrency space and controlling transactions on a stable and sustainable platform. And thus without the need to worry everyone can feel how one can make a simple profit from the crypto market. Everyone calls it a scam but I don't think they are scamming.

Pros
  • User interface looks very spruce and is easy to navigate.
  • This is very transparent when it comes to displaying and licensing their articles.
  • They do not charge any trading charges.
  • Deposit with zero fee and can withdraw immediately.
Cons
  • The negative is that withdrawal fees are slightly higher than normal.