Bitcoin Forum

Quidax is the best and secure Exchange platform for Legitimate Crypto Traders. Scammers don't have a chance here, due to the high security. They only lack few important cryptos at the moment which I believed will be added soon. Quidax is a digital assets exchange that allows users seamlessly buy and sell cryptocurrency with their local currency.


reference: https://play.google.com/store/apps/details?id=com.quidax.lite&hl=en&gl=US

source: https://www.quidax.com/c/about-us/

LOL, what do you mean that scammers don't have a chance on your platform? We have seen lots of project being listed to even top tier exchanges, but the thing is that if they don't do any development then for sure they will be delisted in the next couple of months. Of course there is the security questions, there are a lot of hackers looking to exploit and steal everyone's money in an exchange, even Binance has been hack before. So there is no safe exchange anymore. You guys should be awake 24x7 to watch your operations for any cyber threat. And then there is also the question of wash trading. A recent report shows the majority of exchanges are doing wash trading.

Not my exchange, its just a review i read about and want to share with the forum base on my experience with the exchange i believe they are among the best.
That's true, i came across a thread which says  forbes claims half of bitcoin transaction are false (https://bitcointalk.org/index.php?topic=5411368.msg60830212#msg60830212) which is equally one of their claims wash trading, indeed there are alot of wash trading out their but we should not just justify all exchanges to be the same.

Thanks for this advice, to me the safest place to store crypto is just hardware wallet or any noncustodial wallet which owners have the right to and only them have access to the wallet, unless when the user is careless enough to allow his/her phrase/private key to be compromise. 

how much did the Quidax team pay you, why didn't their team promote their project in the bounty event, again I remind you that no system is safe unless the person in the project will destroy it themselves, my suggestion is to make a promotional thread like this one should be on the board announcements

I have been seeing their advertisements lately, must say I am a bit shocked to see someone bringing it up here and vouching for it.
I wouldn't be too over confident if I were you. The more sophisticated scammers somehow gain access to platforms that claimed were secure at one point, as scams evolve and become bigger, every platform need to constantly update security measures to ensure they checkmate any vulnerability that may be discovered, quidax inclusive.

Scammer or hackers? no one will scam if they're using centralized exchange because it's stupid as the exchanges already hold his identity. If you mean hackers, there's no any centralized exchanges that invulnerable against hacked. Binance as everyone said the most trusted and popular centralized exchange can still got hacked on 2017 if I'm not mistaken.

If Quidax become more bigger, they're just waiting until there's a hacker can find the vulnerability of the exchange.

First time i heard about Quidax, and i visited this site it seems a blog site, because it’s damn poor quality and i didn’t find how much coins are listed or trading right now. So i think you are owner this site or you paid by team. I see Quidax app download over 100k+ in the play store, but there are no reviews here that's interesting.

This is my first time hearing about this Exchange, is this Exchange located in Africa? I also see that there are more than 70 team members in this Quidax which means this Exchange is a fairly reliable Exchange in terms of performance. On new exchange platforms, I usually see publications on several trustworthy crypto-related news platforms, such as Cointelegraph and others. But I don't see that on this exchange. Is it true that Exchange is serious about brand awareness?

Honestly I just found out, if this is the best exchange, then it would be interesting to try trading there, at least be able to gain knowledge about some new exchanges, at least put a small amount of money to trade, just to be careful, because this is an exchange that I have not explored the security of.  .

The coinmarketcap rating includes 272 cryptocurrency exchanges and the Quadax exchange is not included in this number. So what attracted you to this exchange and how did you find out about its existence, since there is no information about Quidax even in Google.

I was not paid a penny for this post it can be deleted if its not safe for the forum.
Sorry if i make the statement sound like vouching for them, just traded with the of recent and its among my first post in this forum, have now learnt more here in this forum. 
Thanks for the update, really new on this crypto space and exchange of a thing.
I am not the owner of the site, its and i don't think they are listed on coinmarket cap either, its an exchange i used to trade which its among the exchange which support my local currency (NG) really don't know much about exchanges. like i said i can delete the post if its said not to be safe or seeing as a paid promotional post.

Yes the exchange I believe is Africa owned, because it was introduced to me by my friend (Nigerian)
when it comes to performance i also believe they are doing well, base on the few times i traded with them.
I found out about the exchange from a friend why i was looking for a means  to trade my crypto into my local currency since its a kind of ban in my locality (Nigeria)

It's sound like "Marketing Word" ~xd

You're the owner? who can guarantee it's safe ~LOL No body is know is safe or not until there has some case hacked. I'm not buying a word something like this, there always have some loop hole.

The question is only, when the loop hole can be found.

I have remembered when there's McAfee or someone that has been confident telling that a wallet he promotes is the best and secured and not hackable.

But then, eventually someone was able to hack it.

That's what have I thought about this claim of yours OP about this exchange. Telling that it's the best, as usual, someone who's part of it or have worked for it will say that it's one of the best despite majority haven't heard it.

True, sooner or later there will be loop hole, every exchange do have some exploits and it's going to be hard once they got hack or started scamming their customers.

In any case if the OP is doing a marketing on this exchange, then based on the post of the other members, they have qualms about it (including me), and I would say that traders are getting smarter and they would just used a exchange that has a reputation and proven itself in the market already, not this new exchange that suddenly pop up and the market ploy here is questionable.

I wouldn't be too sure if I were you. Many centralized exchanges have made such claims before but were still exploited. Quidax remains a sitting duck for these hackers and they can take their time to attack any centralized platform.

Then put this "I believe" in the content of your original post.

How do you believe that Quidax is a good project? I heard the name of this exchange for the first time today.I have heard many gun songs in many projects and in the name of exchange but later they went scam from everyone. Before they become trustworthy, they work in distrust among all and depart from here.Of course we can call it good after a long time and only if they can do good here and be trusted by all can be considered good.

But what about the volume? No matter how secure the exchange is, if the volume is low and not enough to make markets move, it's a wasted effort. Sure, scammers and hackers may not penetrate the site, or even harm the users, but apart from security what does it offer to us that is not already offered by major CEX in the industry? Perhaps if this is a DEX then you might get some heads turning. But another CEX with just 'heightened' security to offer? I don't think that that's enough of a selling point.

Binance is more secure exchanges then why anyone choose another exchange just for security. New exchange always Risky and very low volume than other top exchanges. Some coins prices has also difference.

 ;D ;D maybe a lot of money or maybe a less since they are using newbie account for doing promote

but yes crypto exchange is 1 month 1-2 new site

like overmarketing.
everyone here who knows about crypto and some of the markets already knows how exchange platforms work. so if you say "safe, there will be no scammers here" it looks like an exaggeration. if you know some of the markets that have been around for a long time and there is no doubt their security can be exposed to hacker attacks and some funds are lost. and if you know that no online platform is safe from hackers, they can do whatever they want when they have a target

Bros, I understand why you would want to promote Quidax and you just said it yourself that this is a new exchange and has not truly proven by the test of time and would advise you to trade carefully not to actually draw scammers' attention to it  ;D however, we have seen even bigger exchanges being hacked in the past let's just hope that doesn't happen to them for their sake and the customers too.