Review on VINEX Network by Mehdi hazni
Vinex exchange
Vinex Exchange is not a popular exchange but it has good features. They keep currencies offline that cannot be hacked. Hacking an exchange is one of the issues that all exchange offices are involved in (such as the recent hacking of a kucoin exchange)
They have also promised to check the status of the exchange throughout the day and night and block any suspicious activity, which is a great feature if they really keep their promise.
The daily trading volume of this exchange is small (less than $ 1 million), which is not good at all, and this exchange has a long way to go to become more famous. Also, according to coinmarketcap, there are only 47 currencies to trade on vinex, which is not a good number at all.
Pros
- Most popular currencies are listed in the exchange (although not all pairs are large)
- store currencies in offline storage (cold storage)
- Checking the status of the exchange around the clock (according to the team on the website)
Cons
- daily trading volume is low ($416,000 in the last 24 hours)
- Low number of pairs compared to popular exchanges such as binance and kucoin
