Review on CODEX Exchange by Bola Leye
REGULATED CRYPTO EXCHANGE PLATFORM
Trading on the platform is very easy on this exchange that was establish in 2018 from Estonia. It has it utility token known as CDX.
The platform in my opinion still not gain the popularity that it deserved but it starting gaining the ground because of it great features and many others things that makes it more competitive.
I love the fact that it does not makes document verification mandatory for users, though there is limitation in regarding the limit on withdrawal. It supports many digital asset that the traders can choose from, it keeps on updating the platform by adding asset and bringing more development. I love the method of making deposit on the platform without any charges. It withdrawing fee is also reasonable while transaction fee for taker and maker is also competitive if compare to other crypto platform though some exchange charges is lower. In my opinion the team behind the exchange can review if it will not affect the maintenance of the exchange because i know this part of where they are source for fund to maintain the platform.
Though it utility asset is still not up to a dollar, it is still useful for many purpose on the platform on the platform for many purposes. The team can still work on how this can be increase in value, for example they can work on listing the asset in many exchange and wallet both the cold and hot wallet.
in conclusion, It has good customer desk that is active. I can recommend the platform for traders, but individual must do their personal research on it.
Pros
- Secured platform
- Support many digital asset
- It is licensed exchange
- Registration is simple, KYC is not mandatory.
- No deposit fee was charged
Cons
- More languages should be added
- The value it token still low
