DDEX uses a hybrid model decentralized exchange, where no user account is created. It also describes itself as a most advanced margin trading platform on Ethereum.
Margin trading is available with the platform. It also allows for lending, where interest rates are automatically set based on supply and demand.
DDEX uses price oracles in order to determine the current USD price. DDEX audit report is published on Github as of mid-2019.
100% is a scam! Each of every withdrawal being rejected with asking to pay numerous of payments ie personal fee, risk block fee n hash value fee. End up the account being frozen! How can the country authorities still allowed this platform to be functioned!!!!
It’s a scam. Ddex.io is definitely a scam. They’ve worked a way where by initially you could withdraw the first time. But after the subsequent investment, they’ve prevented you from withdrawing. Customer service have said that a personal tax fee is needed to be paid for, after the personal tax fee is paid for and withdrawal can be made. After that I was unable to withdraw again, lo and behold customer service said that I had to pay for a risk block fee due. Paid n the same thing happened again, and this time was asked to pay for a hash value fee. All of which was 10% of account amount/transfer amount etc. contacted their “official support group” on telegram and am even more sure they’re a scam.
Definitely a SCAM!!. I invested in BTC and everything was going well UNTIL i decided to withdraw money from my account. My account was suddenly frozen without any warning, and after numerous tries of contacting them, I was informed that that they suspected that my account was stolen. I was told to pay 15% of the money invested, which amounted to about $ 2,800 and prove the account was mine. I didn't want to lose my money, and decided to pay. I again tried to request a withdrawal, and the account was frozen AGAIN!!. I contacted DDEX again, and was told I had to pay income tax which amounted to almost $3K. Not wanting to lose my money , I again payed, and promptly decided to withdraw ALL the money invested and close that account.
And SURPRISE! The account was frozen again, and this time was asked to pay 30% to prove ownership!!
And that how I lost $17k!!!
May they rot in HELL!
Average level platform with reasonable fees