Review on VeriDex by Killer Bean
Didn't achieve much, it was later acquired by Switch...
With my study on VeriDex exchange, i was able to come up with tangible and reasonable conclusion about the exchange. From its former activities, it already looked like an exchange with lots of potential. Launched in 2019, Veridex is a decentralized exchange from Sao Paulo, Brazil. Like other exchange launched on Ethereum, Tron or even Bitcoin blockchain, Veridex was runs on 0x smart contracts. Initially, I thought the exchange was inactive and an exit scam because the copyright of the exchange was outdated and the real telegram group of the exchange was inactive for more than a year. It was not until I explored and researched more about the exchange that I discovered that it wasn't really a scam.
Actually, the exchange actually made it known to its users that it was going to be acquired by Switch™, a company that deals majorly with swapping. So after being acquired by Switch, the trading volume has since been $0 though the exchange is still accessible. Since it has been acquired by Switch, the Veridex is no longer an active trading platform.
Pros
- This exchange had alot of potentials
- Since, its no longer useful, there's no positive thing to write about it
Cons
- I never got to use the exchange
