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South Africa
4 Level
101 Review
163 Karma

Review on Daybit Exchange by Samantha Beatrice

Revainrating 2 out of 5

What's an exchange without ability to offer smooth registration process

DayBit exchange was launched in 2018 and is currently located in Korea. The sole organization behind the developement of this exchange was Chain Partners. I was very much impressed with the tradable interface provided by the exchange, the trading view has been simplified for easy view and comprehension. While on my exploration of this exchange i went on to look at the fee structure which was quite considerable though a little expensive, for every transaction made users are charged a 0.25% fee. The withdrawal fees is quite different in the sense that instead of being charged in percentage it is charged in relation to USD, for Bitcoin transactions only a 5 USD fee is charged. After going through all these features of the exchange, i decided to register but I wasn't impressed with what I experienced. I provided my email and password for registration after which i was sent a verification mail, after clicking the link to verify my account i was redirected to Google Playstore, after trying to load the Google Playstore page severally, it didnt work which might be an indication thag the exchange has been removed from Playstore. Registration has literally been made impossible on this exchange, I didn't waste my time here, I moved on!



Pros
  • It supports multiple cryptocurrencies
  • Registration is easy
  • The trading interface is well optimized for mobile and desktoos
Cons
  • The exchange has actually made complete registration impossible
  • The Exchange has had 24 hour volume of $0 for a while, though it has started picking up

Comments (1)

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February 27, 2021
This exchange has nit actually been impressive after i wasn't able to register again It is a very bad thing fir an exchange to do, if its no longer in operation, it should let us know.*******