Post
Topic
Board Exchanges
Re: What do you think about the platform FYBIT.com ?
by
noorman0
on 24/01/2022, 17:55:20 UTC
-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.