Review on LOEX by Samantha Beatrice
LOex Exchange
LOex Exchange is an exchange launched in 2019, it is a centralised exchange which was founded in Seychelles, another abode to various exchanges. It seems like the developers of this exchange are mainly Chinese as the content of the exchange was entirely in Chinese making it hard for me to find the translation option. LOex Exchange charges a fee if 0.2% for every transaction made, this makes it quite a liquid exchange coupled with the trading volume over the last 24 hours. It seems like trading is only possible via the app, on visiting Google Playstore, i came across different reviews, some of which were negative. The exchange focuses on limiting DDoS attacks with the help of up-to-date and modern day technology, this makes the exchange quite secure. This exchange is quite successful but I'll love it if the customer support can be worked on
Pros
- It supports multiple cryptocurrencies though limited
- User interface of the exchange is proffessional
- The trading fee is low
Cons
- The exchange is hard to navigate through, considering the fact that the whole page is in Chinese
