FYBIT | Cryptocurrency Trading Platform

[SpenserReed]

Hello, my name is Spenser Reed. I'm FYBIT representative.

The FYBIT crypto trading platform was created by a group of successful traders and financiers who were able to create a unique product aimed at both beginners and professional traders. All major crypto exchanges have been studied to find out possible advantages and disadvantages, and obtained data was used to create the platform.
On FYBIT you can trade with up to 100x leverage on Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Bitcoin Cash (BCH). The platform has a simple and intuitive interface, so it’s appealing for both beginners and professional traders. The wide trading functionality of the platform allows you to use any trading strategies. While instant deposits and withdrawals allow you to quickly respond to various market changes.
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FYBIT pays special attention to the security, fast and stable operation of the system, as well as the convenience of using the platform.
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The main parameters of the security and reliability of the platform include the following:
1. Secure Storage:
Our cold wallet system guarantees the safety of your funds;
2. Uptime close to 100%;
3. Protection against market manipulation:
The FYBIT index is formed based on 5 price sources using the average price system;
4. High liquidity:
Immediate and complete execution of orders at a given price;
5. Protection of user information.
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The speed and convenience of work are provided by such functions as:
1. Instant deposits and withdrawals:
Deposits are credited immediately after 1 confirmation. Withdrawals take no more than 10 minutes;
2. 24/7 support, consisting of professional traders;
3. Simple and convenient mobile version;
4. The built-in calculator of trading positions allows you to calculate all the necessary values in advance.
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Also, the FYBIT platform offers a wider trading functionality for effective trading:
1. Anti-liquidation feature: the ability to change the average opening price of a position, and the size of the leverage, thereby adjusting the liquidation price by adding new orders to an open position. Additional use of the Stop Loss function allows you to fully control the risks;
2. Profit Auto-Sell feature: automatic position closing at the moment of reaching 100%, 200%, or 300% of the profit;
3. The both-sided position placement feature allows using lock strategies effectively.
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In addition, we offer our unique affiliate program, where the increase in affiliate income occurs in real-time, allowing you to receive up to 30% commission monthly.
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Register and try our product - https://fybit.com/Chart.
Join our Chat - https://t.me/fybit_chat and Follow us on:
https://blog.fybit.com/;
https://twitter.com/fybitcom;
https://t.me/fybit;
https://www.facebook.com/fybit;
https://fybit.quora.com/.

[logfiles]

Notice

Shady exchange that shouldn't be trusted.

Uses shill accounts that;

1. Pretend that they are looking for a certain feature in an exchange.

Hello everyone, I'm looking for a platform where I can use the anti-liquidation feature. For example, I can add a new order to an open position, thereby changing the opening price of the entire position close to the market price, and thus moving the liquidation price further.

And the Miraculously Mr maks-ivanov89 another shill account just got one perfect exchange a few minutes later;

Try the Fybit platform, I trade there myself, there are no problems.

The same person then replies himself;

Once upon a time, both Binance and Bitmex were new platforms. I have traded everywhere, and I still continue to use Binance, but Fybit is a good platform in my opinion. It seems to me that this is a former Bitseven, very similar. And Bitseven was much more loyal than all the other major exchanges and they have never been hacked over the years of their existence.

I met this opportunity only on Bitseven, but I didn't hear anything about Fybit. Are you not afraid that they may be scammers, since there is nothing special about them on the network?

Too many signs indicate that this is Bitseven under a different brand. Therefore, I trust them. I also know one famous person who brings his subscribers to them, probably he also knows something. In any case, I do not deposit large sums there yet, I will trade further.

Thanks for the tip, I'll try fybit. The interface is very similar to bitseven)

2. Maxxx07 then pretends to inquire abouy fybit from the community, but this time the main aim is to shill further more

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?

He advised himself...  

When members advised him against using the exchange. Mr Maxxx07 was so quick to defend Fybit and yet he was still new to the exchange.

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.

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.

And then in comes maks-ivanov89, the "suggester" of Fybit, replying himself (Maxxx07) again  

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.

Connection between the accounts

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  

.....

I will just leave this here for future reference:

write me in telegram: @maxx_trade

Notice the similarity in the Usernames. Maks, Maxx, Maxxx


More shilling episodes in the thread - https://bitcointalk.org/index.php?topic=5381777.0

[Rikafip]

Shady exchange that shouldn't be trusted.

These guys are not giving up it seems. After I tagged their shill account Maxxx07 he stopped with promotion so they came now with the official thread  If anyone is still unsure whether they are shady exchange, they should check their Telegram group.

Like there are services that offer thread bumping, there are those that offer similar thing for Telegram, in which they use bunch of sock puppet account and talk among themselves, giving an impression of an active community. I've been long enough on Telegram that I can recognize something like that, and that's exactly what is going on in Fybit Telegram group.

[SpenserReed]

More shilling episodes in the thread - https://bitcointalk.org/index.php?topic=5381777.0

Hello. I also saw this discussion about Fybit, so I decided to create an account on bitcointalk and make an official Fybit thread. In this thread any user can get answers to any questions about platform from the official representative of the company, not from other users.

My email is spenser@fybit.com, you can check it out. Just send me an email and I will reply.

We value our reputation and fulfill all obligations to our customers.

[logfiles]

Hello. I also saw this discussion about Fybit, so I decided to create an account on bitcointalk and make an official Fybit thread. In this thread any user can get answers to any questions about platform from the official representative of the company, not from other users.

This being a forum, they can get from any available source, especially if they are inquiring about the legitimacy of a service. In this case, they need to get input from a third party or customer.

But what happened was a member pretending to ask about the service but later started shilling it with his alt account. More like a paid scam shilling service that we often see in here, and this makes the exchange highly suspicious.

[SpenserReed]

This being a forum, they can get from any available source, especially if they are inquiring about the legitimacy of a service. In this case, they need to get input from a third party or customer.

I absolutely agree with you, but Fybit cannot be responsible for the messages of other forum users. On this forum, I'm the only official representative of Fybit.
If you have any doubts about the reliability of our platform, you can ask any questions here. You can also try trading on our platform yourself.
For my part, I can guarantee a quality and reliable service, and I will also be grateful for suggestions to improve the quality of service to our customers.

[coupable]

This being a forum, they can get from any available source, especially if they are inquiring about the legitimacy of a service. In this case, they need to get input from a third party or customer.

I absolutely agree with you, but Fybit cannot be responsible for the messages of other forum users. On this forum, I'm the only official representative of Fybit.
If you have any doubts about the reliability of our platform, you can ask any questions here. You can also try trading on our platform yourself.
For my part, I can guarantee a quality and reliable service, and I will also be grateful for suggestions to improve the quality of service to our customers.

But how can you garantee quality and reliability of your service? No one here knew about it before.
I can understand that you are not logically responsible about what others said about your service, but anyone who will see that discussing made by three alts (newbies) to confirm the legitimity of your service, he will think that the exchange is using a bumping service from elsewhere (telegram or whatever). And this is logic.
Persnally, i don't think that those alts are real persons who met in a public forum to discuss, it's clear that they are controlled by the same entity and you can imagine yourself what should its purposes.

As you are new to the forum (as you claim), can you explain why you have chose bitcointalk? And what's the marketing strategy of the exchange to reach a larger communities ?

[SpenserReed]

But how can you garantee quality and reliability of your service? No one here knew about it before.

Just register and check for yourself. If there are any issues, then you can write about it on the forum.

I can understand that you are not logically responsible about what others said about your service, but anyone who will see that discussing made by three alts (newbies) to confirm the legitimity of your service, he will think that the exchange is using a bumping service from elsewhere (telegram or whatever). And this is logic.

In a previous message I already wrote that I am not responsible for the messages of other users.

Persnally, i don't think that those alts are real persons who met in a public forum to discuss, it's clear that they are controlled by the same entity and you can imagine yourself what should its purposes.

I registered on the forum so that users can get answers to questions from the official representative, and not from other users. I also wrote about it in a previous post. Registration on the forum is not for marketing purposes. Are you asking about marketing strategy because you want to know if Fybit will organize the Signature Campaign you're in?

[Rikafip]

I absolutely agree with you, but Fybit cannot be responsible for the messages of other forum users. On this forum, I'm the only official representative of Fybit.

Ok fair enough, let's say that (for the sake of the argument) you don't have anything with those shill accounts and that they are just some random users that did it on their own volition, but what about your Telegram group and activity that is going on there? Are we supposed to believe that sock puppet accounts are talking among themselves out of boredom, without you hiring them? Telegram chatter services are not charity organizations, they don't go around TG groups and chat for free, someone has to pay them.

If anyone has any doubt about activity there, they are free to head over to https://t.me/fybit_chat and check for themselves. This is how it usually goes there: few times per day group of sock puppet accounts starts talking among themselves for 20-30 minutes and then suddenly they all go off at the same time. Then again they come after 5-6 hours, they do the same thing and go off again. Rinse and repeat. Anyone that ever visited any exchange TG group knows that group chats consists mainly of people complaining about various stuff like not being able to withdraw money, asking about listing of some specific coin, shilling other shitcoins etc and basically nothing (or almost nothing ) of that can be found in your group. And don't get me started on the obvious fake names of those accounts: "Brenda Herrington", "Dorothy Slater", "Brittany Banks", "George Smith", "Charles Murphy" etc.

[Potato Chips]

In a previous message I already wrote that I am not responsible for the messages of other users.

Ah yes, creating alts and fake conversation in order to improve fybit's image in the forum are all just work of a regular user, a person completely unrelated to your exchange, yes yes very believable...

[SpenserReed]

mainly of people complaining about various stuff like not being able to withdraw money

There are no complaints about withdrawal problems in our chat, probably because we have no problems with withdrawals on our platform.

asking about listing of some specific coin, shilling other shitcoins etc

There are only 4 coins available on our platform: BTC, ETH, ADA, BCH and probably that's why people are not asking about listing other coins nor they're shilling them. Also, it worth noting that we're crypto trading platform and not crypto exchange. There is a difference between being a trading platform and an exchange.

[Rikafip]

There are no complaints about withdrawal problems in our chat, probably because we have no problems with withdrawals on our platform.

Ah, so you must be the only trading platform in the world where your users don't have any questions about your services, or any issues whatsoever. In reality, either no one is really using your platform or you are deleting negative comments. Or it's combination of both of those things.

There are only 4 coins available on our platform: BTC, ETH, ADA, BCH and probably that's why people are not asking about listing other coins nor they're shilling them. Also, it worth noting that we're crypto trading platform and not crypto exchange. There is a difference between being a trading platform and an exchange.

Ok, you are not exchange but trading platform so that's why no one is shilling shitcoins are asking to get listed but do you really think that you will fool anyone with stuff that is going on in your Telegram group? Just take a look at the screenshot below, taken this morning. Group of accounts ( again with obvious fake names) came at the same time, talked for about 20 minutes and went afk, again at the same time. And as I said before, they do it all the time; they come as a group, chat a little bit and then they go off. Coincidence? I think not.

Anyway, whoever you are paying for to do this is doing a shitty job and won't fool anyone (like you won't fool us here) more experienced and is basically ripping you off. There is some poetic justice though, dodgy trading platform being ripped off by a dodgy "chatting service". Then again, your target audience are probably newbies, considering the marketing approach you took,

[SpenserReed]

Ah, so you must be the only trading platform in the world where your users don't have any questions about your services, or any issues whatsoever. In reality, either no one is really using your platform or you are deleting negative comments. Or it's combination of both of those things.

Only spam and insults of other users are deleting in the chat.
You can join the chat and write whatever you want. The chat moderator will never delete these messages.
The chat moderator and support staff are online 24/7 and will answer any of your questions about the platform.

Deleting negative chat messages is stupid. We work with the negative so that the user is satisfied with the service.

Ok, you are not exchange but trading platform so that's why no one is shilling shitcoins are asking to get listed but do you really think that you will fool anyone with stuff that is going on in your Telegram group? Just take a look at the screenshot below, taken this morning. Group of accounts ( again with obvious fake names) came at the same time, talked for about 20 minutes and went afk, again at the same time. And as I said before, they do it all the time; they come as a group, chat a little bit and then they go off. Coincidence? I think not.

Anyway, whoever you are paying for to do this is doing a shitty job and won't fool anyone (like you won't fool us here) more experienced and is basically ripping you off. There is some poetic justice though, dodgy trading platform being ripped off by a dodgy "chatting service". Then again, your target audience are probably newbies, considering the marketing approach you took,

We do not have a goal to keep active in the telegram chat. Our main goal is to provide quality service to our clients on the trading platform, to resolve all issues that arise

[Rikafip]

The chat moderator and support staff are online 24/7 and will answer any of your questions about the platform.

That's one of the weird things, that no one is asking any questions regarding your platform. All I see are the same accounts that pop in every few hours, do their little conversations and go off again. I've been in enough Telegram groups to know the difference genuine members and fake ones.

We do not have a goal to keep active in the telegram chat. Our main goal is to provide quality service to our clients on the trading platform, to resolve all issues that arise

You might think that we have no clue what's going on in your group, but we have a similar thing here on bitcointalk: project like yours are paying "marketing agencies" to create fake conversations inside their ann threads using sock puppet accounts,  in order to fake the interest and attract people. Can can see in this thread how many of those are busted by few others and me, and that's just the tip of the iceberg. As I said before, you may fool some newbie with this but no one with some experience will fall for it.

[SpenserReed]

That's one of the weird things, that no one is asking any questions regarding your platform.

Maybe such questions are written to the support service.
You can also write your question - https://fybit.com/Support

[SpenserReed]

🌘 A dark theme is available on the mobile version of the site m.fybit.com.

[SpenserReed]

We have translated the mobile version of the site into all languages available in the desktop version - https://m.fybit.com/Chart
 

• German
• Spanish
• French
• Dutch
• Czech
• Polish