Cointrade provides one of the most boastful descriptions of a startup that has no real substance behind it. But what bummed me out the most is the claim to have an "impeccable professional record". All right, so I go to the LinkedIn profiles of their team members, and it turns out that the project founder used to work as an office manager and then founded some backdoor company. Other team members don't even mention Cointrade on their profiles. That's not the blockchain experience that I would expect from an investment-worthy project.
funny_jenny August 26, 2019 Reply
To be quite honest, the project is likely to have a hard time when it comes to beating the competition. There are numerous centralized exchanges out there that are already providing tons of different services and are listing all the most popular coins. Furthermore, these exchanges do not just sit idly, waiting for someone to come and offer a better deal. They work on their own improvements as well.
Andrew August 9, 2019 Reply
In other words, the competition is more than tough, and Cointrade would have to really stand out in order to have a chance. Its team is small, they have no advisors, and they seem to lack a white paper — none of it works in their favor. But, who knows, people likely thought the same about Binance a few years back, and it still holds the title of the largest exchange in the world. Simply put, everything is possible when it comes to crypto, so it might be worth keeping an eye on Cointrade.
Peter July 19, 2019 Reply
On the other hand, many believe that the era of DEXes is approaching, where the funds will no longer be stored on exchanges, which might even make the biggest and strongest centralized exchanges obsolete.
Lennie June 5, 2019 Reply
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