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Kwara, Ilorin
4 Level
410 Review
3227.25 Karma

Review on Neraex by Killer Bean

Revainrating 1 out of 5

Looking at the trading fees in the exchange, I wouldn't have traded here even if the exchange was still alive

NeraEx Exchange was launched in 2017 by Bobao Technology Limited, as a multicurrency exchange, NeraEx used to trade a very limited number of cryptocurrencies with less than 12 trading markets. The exchange can no longer be accessed, even after trying severally on different devices. I was then convinced that the exchange had closed down. The exchange used to have a very high fee structure, for the trading fees, makers and takers are charged 0.5% and 0.002 BTC for withdrawal, this is actually considered as a very outrageous fee, even if the exchange was active i wouldn't still have traded there because of its fees. The Inactivity might have been due to a possible hack on their server.

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Pros
  • None at all
Cons
  • High trading fees
  • No longer accessible, the exchange might have been hacked

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