Author: Kasey Flynn
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DragonEx - Exchange Review

Debut with buzz

DragonEx stepped onto stage in late 2017 and thrived at first. Positioned in Asia, it boasted over 300,000 KYC users, more than 200 trading pairs, futures, options, leveraged trades, and its own token. Transaction mining made it feel cutting-edge. Fees were competitive - typically 0.2% taker, 0% maker. Mobile apps? They had them. Derivatives? Available. Margin? Check. It felt modern, purposeful, lively.

Dark clouds gathering

Then came March 2019. DragonEx was hacked. Crypto worth millions - Bitcoin, Ethereum, XRP, LTC, EOS - was siphoned off. The team posted wallet addresses and pledged a recovery plan. Law enforcement in multiple countries got involved. For a moment, it felt responsible. Then silence.

Where things stand now

Today there’s nothing to see. No coins. No pairs. No volume. Platforms mark it inactive or untracked. Trade data? Zero. Trust score? Blank. Community? Gone. The exchange exists only as a listing that once was, now wholly inactive.

User whispers and cracks

User reviews shifted from praise to politics. Once, some called DragonEx simple and secure. Later, complaints piled about frozen withdrawals, inactive support, and vanishing assets. Folks asked - was it negligence, mismanagement, or something darker? We don’t know.

Snapshot

Parameter Status — Exchange Snapshot
Parameter Status
Launch 2017, Singapore-based with Estonian license
Services offered Spot, derivatives, mining, margin, mobile
Token (DT) Yes, native utility token
Hack incident March 2019, major asset theft
Activity now Zero - no markets, no activity
User sentiment Former users cited support collapse, distrust

Final notes

DragonEx rose fast. It delivered tools, mining, margin, hope. Then it collapsed. A hack shattered its core. What followed was stillness.

Now, it’s a ghost exchange. No volume, no updates, no recovery. If you had assets there - assume they’re gone.

In crypto’s wild west, even vibrant platforms vanish. DragonEx is one of them.

Disclaimer

“This content is for informational purposes only and does not constitute financial advice. Please do your own research before investing.”

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