Review on LEOxChange by İlqar Agayev
My thoughts about LEOxChange
Hello there. The review I will write today will be about LEOxChange. LEOxChange is a crypto exchange based in the United Arab Emirates. Honestly, as I am new to the crypto industry, it is the first Dubai-based exchange I have ever come across. The fact that its headquarters is in a big city like Dubai may have attracted some people, but this exchange, like some other exchanges, could not stand the competition and stopped all activity about a year ago. The aim of the exchange was very good.
The aim is to create a perfect exchange and create a non-competitive environment in the world. However, the exchange was closed in a very short time due to the inability to create a customer base, dissatisfaction with some transactions and some other reasons. According to the information I have received, this exchange keeps trading transactions closed for people from the USA. If this is true, I think that was the biggest mistake of the exchange officials. This is my review as the exchange is no longer active, thanks for reading.
Pros
- I don't think it's good
Cons
- An exchange that stopped its operations about a year ago and was closed
- I couldn't find any official explanation about the closure
- Although it had a great purpose, I think the strategies being executed were wrong
