Exchanges

VinDAX: Reviews-SCAM

Contact

  • Site: vindax.com;
  • Office location: Vietnam.

General information about VinDAX

VinDAX is a Vietnamese cryptocurrency exchange that promotes its own native VD token. It is used for trading, as well as for receiving discounts on commissions. In the reviews, users note that this is an illiquid asset, the price of which is falling. Many demand to exclude this cryptocurrency exchange and its coin from the CoinMarketCap listing. Although the company is not even included in the top-300 crypto exchanges.

According to legend, VinDAX has been providing services since 2019. Checking the domain history confirms this. The company’s website was launched 5 years ago. However, this is not a guarantee that the exchange is reliable and can be trusted. VinDAX offers onerous terms of cooperation and may terminate the cooperation agreement unilaterally or cancel the transaction. It does not bear financial responsibility.

The site says that VinDAX is officially registered in Vietnam. There are no legal documents confirming this fact. Searching the database of the local regulator did not return any results. We believe that the company provides unauthorized services and it is better to stay away from it.

Summing up

Many users note that registering on the VinDAX platform brought them a loss of funds. They invested in an illiquid asset VD, and when they began to demand their capital back, their account was blocked. What do you think of this cryptocurrency exchange? Post reviews under our article and tell interesting facts.

VinDAX practices financial extortion and does not fulfill agreements! This cryptocurrency exchange cannot be counted on, it is deceiving traders. I do not recommend registering on this fraudulent platform.

I was dissatisfied with the cooperation with this cryptocurrency exchange. VinDAX stole almost $1,500! When I refused to invest again, the scammers blocked my account.