Review on HaloDeX by Thalhat Tee
Halodex Exchange, still not useful
It can be seen from the name HaloDex, that this is a decentralized trading platform that is supposed to provide a secure and a reliable marketplace for buying, selling and exchange of cryptocurrencies. This exchange is currently not functional nor useful for trading, not because it's a scam but because the exchange claimed to be undergoing a maintenance. With that said, the exchange doesn't have any trading volume and consequently there's no trading liquidity on the exchange as well. Launched in 2018, Halodex was a very affordable and easy to use exchange, it charged minimal fees of 0.1% for makers and 0.2% for takers to make the exchange quite liquid but the exchange wasn't even liquid enough because it still used to record a low trading volume right before its supposed maintenance. I just hope this maintenance is for the better, if not I'll be flagging this exchange as a scam while I'm updating my review about the exchange.
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Pros
- No positive use case
Cons
- The platform doesn't have any chances of coming back online
- The proposed maintenance is taking too long
