Review on LEOxChange by Joseph Bello

Name: LEOxChange
Item: LEOxChange
Rating: 2

March 20, 2021

An Exchange For The Liquidity Makers But Very Unfortunate To Have Been Out Of Service .

LeoXchange was an exchange that rewards liquidity makers for trading on their platform by offering them an opportunity to trade at no cost, the liquidity takers are the only one who pay a fee of 0.2% of the total transaction for the service rendered by the exchange.
   The exchange unlike other exchanges doesn't have a fixed fee for Bitcoin withdrawals,they charge a 1% withdrawal fee for all your Bitcoin transactions ,I can't really point out if this fee is okay because I have done my calculations and found their withdrawal less profitable except in cases when your are making extremely low BTC transactions.  If you are withdrawing 1 BTC for example your pay a withdrawal fee of 0.01 BTC this is still very far above the industry's average withdrawal fee .
  This exchange is no longer has stop existing their websites wasn't reachable and there wasn't a prior notice about their shutdown meaning that some traders funds might have been missing on the exchange.
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