Post
Topic
Board Exchanges
Re: What do you think about the platform FYBIT.com ?
by
Maxxx07
on 14/02/2022, 21:23:27 UTC
The fact that the platform is unknown to a few people here means nothing, how do you know how many people are currently trading there? You judge by yourself. Just because you don't know doesn't mean no one knows about it.
The reason I am suspicious about Fybit is not just because only couple of newbies here ever heard of it, but because you are defending platform that you (allegedly) just started to use. Coupled with dodgy stuff like newbie account waking up after several years break just to write that he us using this exchange. If I learned anything here its that stuff like that is usually not a coincidence.


Do not judge by yourself, you like Binance, for example, trade there. And it’s already funny to read your comments that if at least someone knows about the platform, this means a figurehead.
I do use Binance occasionally but I would never recommend it to someone after using it for a few days or weeks. Hell, even after using Binance for 4 years, I still don't trust them much, especially not with bigger amounts.


And not all that are listed in cmc is good or trusted but exchanges or the coins listed there can sometimes come and go. This is exchange can be new and we can give them some time to grow but for now, we have better exchanges to use than this one.
It's true, not all exchanges listed on CMC/Coingecko are good or trusted, far from it. I would even say that majority of exchanges listed there shouldn't be trusted but you know which exchanges I trust even less than those that are listed there? Those that are not even listed, meaning they are most likely hiding something.

I cannot recommend any platform like Binance and Fybit to anyone. Everyone makes a choice. And I agree with you that even after a while, one or another platform cannot be recommended to anyone, since there are risks everywhere. In fact, if your money is not stored in your personal wallet, it means that you do not own this money.
I am not defending Fybit here, I wanted to know who knows about this platform. But when I saw the answers of several people, I decided that this was too little. So I started checking it out myself because Fybit reminded me of Bitseven. Now I have experience on this platform and I can share it. I do not recommend it to anyone, but I say that there are no questions about the operation of the platform, and you can trade on it. But this choice must be made by each individual.  Wink