Review on Cryptox by Jeff Ayuba
The exchange is good, users actively trade here but am more concerned with security
This exchange appears to be okay in all ramifications in my view and I don't see why it has gotten a low rating. Is a centralised exchange that supports the trading of some altcoins paired against Bitcoin though the number of pairs under trading Bitcoin is very low being just seven at the moment, get a decent idea you have been able to maintain the status quo by having a platform whereby price differences and margin is quite negligible and hardly even across price chart is there any instances of inflated prices that provides arbitrage opportunities to outside Traders. I agree with the view that this exchange really has a bad user interface which is quite not user-friendly but at the same time it gets the job done. I actually really cannot conform to The Exchange view of it security as resources are limited to check in about the exchange and whether it has insurance to cover up in case of a hack
Pros
- The capacity of the exchange to house a lot of users is really commendable
- There is hardly any margin between price differences to arbitrage from
- Trading and withdrawal fees are low at the moment for it's coins
Cons
- The Security of this exchange is quite messy in details
- There are just seven crypto pairs on this exchange
- Only bitcoin is the bass pair to trade with on Cryptox
- The user interface isn't quite friendly
