Review on Daexs Exchange by Idris Ladidi
The telegram group is not functioning any more
Daexs exchange was established in 2017 in south America. It is a trading medium for crypto to crypto and even fiat crypto currencies with the aid of spot trading, the COPS and USD is the only support fiat. The COPS is to Columbia while the USD is the native token of panama. This exchange is not open to the world. It was very difficult for me to interact or communicate in this exchange telegram group, due to it was in a language I have never heard of. Though it was a foreign language. I was able to use the telegram group only through the help of Google translator. They was a message sent to the group, according to the translation I received from my translator, it read out that the exchange will be embarking on a short time suspension. Even without telling you, this has indicate that the exchange is scam and high tendency that if it goes for the suspension, it will take too much time to come back. Trade with caution.
Pros
- It supports both fiat and crypto to cryptocurrencies
- The trading platform allows spot trading too be done convienently
- This exchange had a responsive customer service
Cons
- The exchange was not easy to navigate across
- The translation settings is not favourable to most users
- The exchange announce that it is going for a temporary suspension
- This might be a scam exchange
