Review on CHAOEX by Killer Bean
Scam Exchange
Launched in 2017, ChaoEx is centralized Exchange where trading of various cryptocoins are possible. The exchange was founded by Jason W. The exchange supports more than 50 cryptocurrencies and digital asset with about 80 trading pairs in which most of the cryptocurrencies are traded against BTC, USDT, ETH, LTC, EOS this is an indication that the exchange was very liquid. Well, the exchange had its ICO in 2018 where it able to raise about 70% of its finance. The exchange even had its own utility token, Chex token, with this token users would have been able to earn. By locking your Chex token you are sure to earn 12% annually. The exchange has a very poor support service though it happened to be a very secure exchange through the user of two-factor-authentification and SSL encryption. But inability to access the exchange is a major concern as alot of website have reported a $0 daily trading volume on the exchange.
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Pros
- The exchange supports various cryptocurrencies
- It is a centralised exchange
Cons
- Poor customer support is offered on this exchange
- The exchange is inaccessible
- The exchange has a daily trade volume of $0
