Review on CODEX Exchange by Olukayode Oyelami
THE PLATFORM IS NO MORE IN EXISTENT
it has been in existence since 2018. This licensed crypto currency exchange had many great features. It was very easy to use platform, it took security measures as a priority. I love the fact that it has it utility token known as CDX. The Platform was closed down in January 2020. Before it was closed down let look at some of it strength and it weakness.
The platform was very made registration very simple and easy for the users around the world. It does not force people to do verification before the platform can be used, though if not verify there was some limitation for the users to enjoyed the platform.
One of the things i loved about the exchange was that it was licensed, It was a multi crypto exchange that has many digital asset. It was supported many deposit means on the platform. It has Zero for deposit to the platform. This exchange platform was the platform that had competitive transaction fee. for the maker and taker i was charging 0.1%, with a reasonable withdrawal fee.
It had it native token Known as CDX, this was used for utility token on the platform.
It made a provision for social medial platform by which users can interact and as well contact the platform. It served means of communication.
In conclusion, it was able to secured the platform to guard against hackers and the server it was using. Sadly this great platform was closed down
Pros
- Competitive trading fee
- It was a secured platform
- Supported many digital asset that traders can choose from when it was existed
- Well designed platform
Cons
- The platform was closed down
