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Author Topic: What do you think about the platform FYBIT.com ?  (Read 524 times)
Maxxx07 (OP)
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January 17, 2022, 12:36:35 PM
 #1

I was advised here on one very good at first glance trading platform, has anyone tried to trade on it and what do you say about it?
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January 17, 2022, 02:14:46 PM
 #2

I haven't tried it but I still wouldn't recommend it. It's not listed on CMC and its also nowhere to find when you google it. Any reason why you're not going with a more reputable exchange?

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January 17, 2022, 02:40:19 PM
Merited by hugeblack (4)
 #3

The platform is about 2 months old. Hard to find any review about their service. I visited the website and most of the pages are not working (either with "internal server error 500" or a blank page). Even the login and sign-up page, just the homepage is alive.
Doesn't look promising to me.

Any reason why you're not going with a more reputable exchange?

Surely because a user advised him to try this platform when he asked for a place with ALCM function?

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Maxxx07 (OP)
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January 17, 2022, 05:28:00 PM
 #4

The platform is about 2 months old. Hard to find any review about their service. I visited the website and most of the pages are not working (either with "internal server error 500" or a blank page). Even the login and sign-up page, just the homepage is alive.
Doesn't look promising to me.

Any reason why you're not going with a more reputable exchange?

Surely because a user advised him to try this platform when he asked for a place with ALCM function?

I have contacted their support team, they will have a mobile version available soon and the languages will be open. If you add a language not English but any other in the address bar, then you will have an error. That's what the support told me. It is very similar to Bitseven, which I traded for about a year. If they are, then they can be trusted no less than any major platform, despite the fact that it is not on the CMC list. I will try to trade on it. After talking with the support service, she inspires confidence in me.
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January 17, 2022, 05:45:48 PM
 #5

I haven't tried it but I still wouldn't recommend it. It's not listed on CMC and its also nowhere to find when you google it. Any reason why you're not going with a more reputable exchange?

It doesn't matter to me whether the platform is in the CMC list, because this site belongs to Binance, and he decides who to put there. I think how much money will be paid to Binance will appear in the list. Therefore, this is not an indicator.
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January 17, 2022, 11:18:09 PM
 #6

I have contacted their support team, they will have a mobile version available soon and the languages will be open. If you add a language not English but any other in the address bar, then you will have an error. That's what the support told me. It is very similar to Bitseven, which I traded for about a year. If they are, then they can be trusted no less than any major platform, despite the fact that it is not on the CMC list. I will try to trade on it. After talking with the support service, she inspires confidence in me.
Do you think their “support” would talk ill about their platform?

Looks like you have already made up your mind, despite credible advice from the members

It doesn't matter to me whether the platform is in the CMC list, because this site belongs to Binance, and he decides who to put there. I think how much money will be paid to Binance will appear in the list. Therefore, this is not an indicator.
It's missing on Coingecko too. Does coingecko belong to Binance too?

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January 19, 2022, 06:32:27 AM
Merited by OmegaStarScream (2)
 #7

I have contacted their support team, they will have a mobile version available soon and the languages will be open. If you add a language not English but any other in the address bar, then you will have an error.
Are you trying to get answers from the community or do you want to defend them? There is a lot of smoke and suspicious things about it so it is best to avoid it, you do not have to use it.
There are two important things of any exhange: liquidity and security. There cannot be enough liquidity in a platform that was created two months ago, at least they did not have enough money for a good promotional campaign.

As for security, finding an apparent bug is evidence of weakness or lack of updating from the team, so it is better to avoid them.

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Maxxx07 (OP)
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January 19, 2022, 10:34:56 AM
Last edit: January 20, 2022, 09:33:40 PM by Mr. Big
 #8

I have contacted their support team, they will have a mobile version available soon and the languages will be open. If you add a language not English but any other in the address bar, then you will have an error. That's what the support told me. It is very similar to Bitseven, which I traded for about a year. If they are, then they can be trusted no less than any major platform, despite the fact that it is not on the CMC list. I will try to trade on it. After talking with the support service, she inspires confidence in me.
Do you think their “support” would talk ill about their platform?

Looks like you have already made up your mind, despite credible advice from the members

It doesn't matter to me whether the platform is in the CMC list, because this site belongs to Binance, and he decides who to put there. I think how much money will be paid to Binance will appear in the list. Therefore, this is not an indicator.
It's missing on Coingecko too. Does coingecko belong to Binance too?

I don’t know who owns Coingecko, but the meaning is the same, whoever pays the owner money, they will put it on the list. Bitseven was never on these lists, but according to reviews on the network, people trusted them, moreover, when they closed, they gave money to everyone who had any amount on their balance for half a year, and this says a lot, it’s unlikely that Binance would do as. I am currently trading with them and they have very poor support. Moreover, they charged me more for the withdrawal than what is written on the site, the support service did not help me and the funds have not yet been returned. Therefore, you do not choose the platform according to those parameters.

Yes, I have made a decision and have been trading on FYBIT for several days now. Now I am sure that this is Bitseven under a different brand, and I trust them more than the same Binance after they just stole funds from me.



I have contacted their support team, they will have a mobile version available soon and the languages will be open. If you add a language not English but any other in the address bar, then you will have an error.
Are you trying to get answers from the community or do you want to defend them? There is a lot of smoke and suspicious things about it so it is best to avoid it, you do not have to use it.
There are two important things of any exhange: liquidity and security. There cannot be enough liquidity in a platform that was created two months ago, at least they did not have enough money for a good promotional campaign.

As for security, finding an apparent bug is evidence of weakness or lack of updating from the team, so it is better to avoid them.

I tried trading on Fybit and realized that it was a Bitseven under a different brand. If this is the case, then I would rather trade with them than on a binance that steals funds. I trusted Bitseven, and I am sure that my funds and my information are safe here.
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January 19, 2022, 01:15:57 PM
 #9

It doesn't matter to me whether the platform is in the CMC list, because this site belongs to Binance, and he decides who to put there. I think how much money will be paid to Binance will appear in the list. Therefore, this is not an indicator.
Not true, listing on CMC is completely free, for both coins&tokens and exchanges. Now why this FYBIT is not listed either there or on Coingecko is another story. Most likely they are not meeting minimum requirements. Not that being on CMC/Coingecko makes you legit, but still, if you are not even listed there says something about the exchange.



Are you trying to get answers from the community or do you want to defend them? There is a lot of smoke and suspicious things about it so it is best to avoid it, you do not have to use it.
Maybe I am just too paranoid, but it looks to me that real intention behind this thread is to promote this dodgy exchange and not asking about opinion, considering how defensive OP is about some exchanges that he (allegedly) found out couple of days ago.

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maks-ivanov89
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January 19, 2022, 01:22:31 PM
 #10

I was advised here on one very good at first glance trading platform, has anyone tried to trade on it and what do you say about it?

I have been trading on the platform for a few weeks now, my impressions are very positive, apart from the fact that they do not yet have a mobile version available. I am a professional trader and have traded on almost all major cryptocurrency exchanges, so I can say this: 100% safe exchanges do not exist, a recent example from Crypto.com confirms my words. Safe only on a cold wallet, personally your wallet. If you keep your money on the exchange, then they are not yours until you withdraw them from there. A list, like CMC and others like it, is a purely corrupt marketing ploy, whoever pays the money will be on these lists. Therefore, I would not advise a trader to pay attention to security (almost everyone has the same protection, even the largest exchanges are hacked), and to the list of ratings. I have been testing cryptocurrency exchanges since 2017 and have seen many different projects. As you wrote in one of the messages above, what bitseven did when, for half a year, they were open for the withdrawal of all funds. Moreover, they themselves did a mailing to everyone, asking them to withdraw money. I have not seen this anywhere, and I agree that neither binance, bybit, nor any other platform will do such things, since I tested, including the support service of each platform. I talked with one well-known blogger who traded on bitseven, and has been trading on fybit since the first days, and is even actively involved in their affiliate program, he told me that this is a bitseven under a different brand, so if you tried bitseven and trusted them, then you can certainly trust fybit. And binance was once a new project, look at them now. The same thing in a year, fybit will no longer be a new project and they will have their own army of users.
They have a beautiful interface, fast deposits, and withdrawals, all the features you need for trading, the best support I have ever seen. This is what I can personally say about them after a few weeks of working with them.
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January 19, 2022, 01:31:46 PM
 #11

It doesn't matter to me whether the platform is in the CMC list, because this site belongs to Binance, and he decides who to put there. I think how much money will be paid to Binance will appear in the list. Therefore, this is not an indicator.
Not true, listing on CMC is completely free, for both coins&tokens and exchanges. Now why this FYBIT is not listed either there or on Coingecko is another story. Most likely they are not meeting minimum requirements. Not that being on CMC/Coingecko makes you legit, but still, if you are not even listed there says something about the exchange.



Are you trying to get answers from the community or do you want to defend them? There is a lot of smoke and suspicious things about it so it is best to avoid it, you do not have to use it.
Maybe I am just too paranoid, but it looks to me that real intention behind this thread is to promote this dodgy exchange and not asking about opinion, considering how defensive OP is about some exchanges that he (allegedly) found out couple of days ago.

When I created this question, I did not try to trade there yet. After that I signed up and I liked everything. I didn't hear anything about him until someone wrote to me about him here on the forum. Now this section does not make sense, I liked trading there.
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January 19, 2022, 10:31:01 PM
 #12

When I created this question, I did not try to trade there yet. After that I signed up and I liked everything. I didn't hear anything about him until someone wrote to me about him here on the forum. Now this section does not make sense, I liked trading there.
Looking at @maks-ivanov89 praise at Fybit, and you being so defensive about the exchange that you started using couple of days ago, makes me believe that the real purpose of this thread is promotion, and not genuine enquiry about Fybit.

So, this is how I think it went:
1. First, you created the thread asking "Who knows a platform with ALCM function?"
2. @maks-ivanov8 (this name kinda reminds me of yours) wakes up after 6 months break, just to recommend you completely unknown exchange that no one here ever heard of.
3. Several days later, you come asking opinions about Fybit and when some members raised valid concerns about it, you went into defense mode, which I think is very strange since you just started using exchange couple of days ago.



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January 20, 2022, 05:52:40 AM
 #13

Why do you think they are bitseven under a different brand? similar interface? cause that's a pretty weak basis. Lots of scam websites copied cex.io and binance and there was no stopping them from it. If bitseven really had a good reputation, it doesn't make sense to go under a different name (hiding that they are bitseven) and start building reputation from zero all over again...

I agree with the members above, the way OP struggles to take in red flags and just continue to shower compliments, definitely makes this look like another attempt to subtly shill...

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January 21, 2022, 10:57:20 AM
 #14

Why do you think they are bitseven under a different brand? similar interface? cause that's a pretty weak basis. Lots of scam websites copied cex.io and binance and there was no stopping them from it. If bitseven really had a good reputation, it doesn't make sense to go under a different name (hiding that they are bitseven) and start building reputation from zero all over again...

I agree with the members above, the way OP struggles to take in red flags and just continue to shower compliments, definitely makes this look like another attempt to subtly shill...

I can’t say for sure that this is Bitseven, but so far I have been trading with them and everything is very similar. I may be wrong, time will tell. As long as I like everything, there are no problems.
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January 21, 2022, 07:36:17 PM
 #15

I can’t say for sure that this is Bitseven, but so far I have been trading with them and everything is very similar. I may be wrong, time will tell. As long as I like everything, there are no problems.

As I said before, that's a weak reasoning. Take a look at kucoin and binance for example. Although they are very similar, they are not the same company/exchange.

But I do I agree that there are/there won't be any problems for you because you are affiliated with the website which explains your unconditional love for it.

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January 21, 2022, 08:26:13 PM
 #16

But I do I agree that there are/there won't be any problems for you because you are affiliated with the website which explains your unconditional love for it.
This thread lost credibility as soon as OP (Maxxx07) started defending a platform he initially "had no idea about”

Funny enough, another alt account @maks-ivanov89 just woke up and just jumped in the defending Fybit  Grin Grin Grin

Max, please, we are not fools here.

Go shill your shit exchange somewhere else.

I will just leave this here for future reference:

write me in telegram: @maxx_trade

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Rikafip
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January 24, 2022, 02:21:45 PM
 #17

Funny enough, another alt account @maks-ivanov89 just woke up and just jumped in the defending Fybit  Grin Grin Grin
It's actually other way around: @maks-ivanov89 recommended Fybit to Maxxx07  in another thread, and then he came here asking about that completely unknown exchange.


Max, please, we are not fools here.

Go shill your shit exchange somewhere else.
Hah yeah, he think that he is so subte in his shilling while everything is pretty obvious.


I will just leave this here for future reference:

write me in telegram: @maxx_trade
Another coincidence.  Cheesy

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noorman0
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January 24, 2022, 05:55:20 PM
 #18

-snip-
That's what the support told me. It is very similar to Bitseven, which I traded for about a year. If they are, then they can be trusted no less than any major platform, despite the fact that it is not on the CMC list. I will try to trade on it. After talking with the support service, she inspires confidence in me.

If Bitseven has been good for so many years, why did you move elsewhere (funny enough it's a new exchange)? And why is the site inaccessible now?

It doesn't matter to me whether the platform is in the CMC list, because this site belongs to Binance, and he decides who to put there. I think how much money will be paid to Binance will appear in the list. Therefore, this is not an indicator.
When an exchange reaches a certain daily trading volume, CMC will voluntarily list it because it will affect their trading statistics. Imo, Fybit in plain view does not reflect the exchange that meets the standards listed on the CMC although you will pay a lot of money. A quick look at the telegram channel, there isn't any update that proves there's no development or activity going on in it.

This space for rent.
Available in mid January 2024 - PM me
Maxxx07 (OP)
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January 25, 2022, 12:45:04 PM
 #19

But I do I agree that there are/there won't be any problems for you because you are affiliated with the website which explains your unconditional love for it.
This thread lost credibility as soon as OP (Maxxx07) started defending a platform he initially "had no idea about”

Funny enough, another alt account @maks-ivanov89 just woke up and just jumped in the defending Fybit  Grin Grin Grin

Max, please, we are not fools here.

Go shill your shit exchange somewhere else.

I will just leave this here for future reference:

write me in telegram: @maxx_trade

The first withdrawal of 1.04215498 BTC was successful and took only 7 minutes. Your reasoning is certainly impressive, but I have nothing to do with fybit, since I have been trading since 2014 and live on trading. If they also deceive me and steal my money, as binance did, then I will find a new platform again.
Potato Chips
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January 26, 2022, 06:17:54 AM
 #20

The first withdrawal of 1.04215498 BTC was successful and took only 7 minutes. Your reasoning is certainly impressive, but I have nothing to do with fybit, since I have been trading since 2014 and live on trading. If they also deceive me and steal my money, as binance did, then I will find a new platform again.

Let's say I believe you.

For such a huge amount of money, it's weird that you went full speed ahead despite the red flags mentioned. Normally, people wouldn't be so laid back with such amounts e.g. "I may be wrong, time will tell", "If they also deceive me and steal my money, as binance did, then I will find a new platform again."

The more I hear, the more I become convinced...

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