Post
Topic
Board Trading Discussion
Re: Tagz exchange already surrendering
by
suzanne5223
on 01/07/2020, 23:22:14 UTC
According to this article tagz exchange has forcedly close due to the pandemic issue if anybody trading on this exchange kindly immidiately withdraw your assets to avoid assets being forfeited.

Source: https://tagz.com/tagz-exchange-forced-closure-shutdown-july-30/
thank you for this information...
I used Tagz once, it happened because there was one coin I exchanged there. a good decision not to continue their exchange if it is not currently profitable.
In most cases where people do make use of these exchangers is when they do have some shit coins to sell off.
All the shit coin on the exchange can be find on another exchange site but i still surprised why a genuine cryptocurrrency investors/traders will choose to use an exchange site that have only 29 cryptos

Covid 19 does really give out big impact into any businesses but for small exchangers like this one then even theres no pandemic that did happen
these places are still bounded to close sooner or later due to feasibility issue due to lower demand.

Businesses can only have either success or failure.
Business can either have success or failure but everything about cryptocurrency have to do with the internet thats why i believed the reason for the shutdown was because of lack of demand cause a business built on lies will definitely crumble soon or later.