Project Safety Score

Fri, Feb 23, 2024 4:00 AM

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Name

SwapDEX

Type

token

Platform

BNB Smart Chain (BEP20)

SwapDex provides a wallet-to-wallet trading experience to make it easier to trade assets and utilise an easy swap option. Swapdex have the latest in decentralized exchanges which give you the choice of becoming a taker, maker and becoming a liquidity provider or just to swap assets. We also provide solutions on how to trade bitcoin in the ETH ecosystem using counter parties. The SDX token acts as a Governance token. Each SDX token holder has the right to control our stable coins and send proposals to alter the platform rules. These proposals will be voted on by the community of SDX holders.

1/5

(1 review)

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PM 2 years ago

Rugpull waiting to happen. Anon team which are completely incompetent. They where supposed to launch the chain in April, instead they sold investors false hope and used them for liquidity so team and whales could dump their coins. It is now July and still no sign of completion, no weekly updates or anything, just occasionally a mod comes into telegram to give brief updates after investors beg for it. It is now July and when we thought the launch is in sight, they decided to redesign the chain and implement changes that where the opposite of what attracted investors in the first place. The incompetence and opaqueness of the team is reflective of the price, which seems to be heading to 0. The team bans anyone that voices concerns about the project which is a big red flag. Another big red flag is that the team is deciding to audit their own code, which beats the whole purpose of an audit as it is supposed to be done by an independent third party to maintain the integrity of the audit. There is more and documents have come out multiple times of ex developers warning investors of the shenanigans of this project. Please stay away and don’t get sucked into this project, their only lifeline is they anticipate a large influencer to cover it, which isn’t even confirmed. Transparency - 0/5 Competence - 0/5 Meeting deadlines - 0/5 Risk warning - 5/5 False hope - 5/5 Stay away, someone needs to shut this project down it is a disaster waiting to happen. Please protect the investors before they rug.

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1/5

(1 review)

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SwapDEX News

SwapDEX announces official launch of their Blockchain (Main-Network)
Tue, Feb 15, 2022 9:05 PM
...
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TON Swap DEX Unveils Long-Term Farming Program - The Kingston Whig-Standard
Thu, Oct 28, 2021 8:54 AM
Tallinn, Estonia--(Newsfile Corp. - October 28, 2021) - Broxus, one of the leading developers of the...
read more...
TON Swap DEX Unveils Long-Term Farming Program - Benzinga - Benzinga
Wed, Oct 27, 2021 2:10 PM
Broxus, one of the leading developers of the FreeTON network, has announce......
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TON Swap DEX unveils long-term farming program By BTC Peers - Investing.com
Wed, Oct 27, 2021 11:30 AM
...
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Crypto tech firm Pluto Digital acquires DeFi project YOP - Business Leader
Fri, Oct 1, 2021 7:00 AM
Pluto Digital PLC (Pluto), the crypto tech and operations company, has announced the takeover of Yie...
read more...

SwapDEX Profile (SDX)

Project Safety Score

1/5

PM 2 years ago

Member Signals

1/5

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SwapDEX News

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