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Flybit Review

8

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Average

Revainrating 3.5 out of 5  
Rating 
3.7
Crypto Exchanges

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Description of Flybit

Launched on 15/03/2019, Flybit is a centralized exchange based in Seoul, Korea. It supports KRW and crypto deposit and withdrawal.

Reviews

Global ratings 8
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  • 4
    4
  • 3
    4
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  • 1
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Type of review

Revainrating 4 out of 5

Flybit: It would have been ideal if Flybit would make a large portion of its highlights global

The trade is a Korean cryptographic money trade for the exchanging of digital currencies like Tie, Bitcoin, Ethereum, Cardano, Binance Coin, Wave, Litecoins, Heavenly and other altcoins numbering up to 60. This trade was dispatched in 2018 with an exchanging volume of $461.26 million as indicated by reports from the trade site. The whole site page of the trade site comes in Korean, so I needed to utilize Google Interpreter to decipher it productively. I later found that there was a choice

Pros
  • It is an as of late dispatched trade
  • The wire bunch is dynamic however not in English
  • The trade exchanges different digital currencies
  • The liquidty is pleasant, because of the low exchanging expenses
Cons
  • The web-based media bunch on Message isn't helpful for non koreans as the entirety of its substance comes in Korean
  • The site has specialized issues as far as bugs and hitches
  • The fiat offered here is in KRW

Revainrating 4 out of 5

Flybit is a very nice exchange with much liquidity.

Base on the true fact about this exchange, Flybit, it is a very nice exchange anyone would want to trade on because believe me you, you would not want to miss out the fun of trading cryptocurrencies on an excellent exchange platform. Flybit is actually a cryptocurrency exchange from Seoul in South Korea and from what I know and what I have been hearing about South Korean cryptocurrency exchange platforms, they are mostly well designed and well performing Exchanges. Flybit is an I exchange I…

Pros
  • It has much liquidity.
  • It supports many cryptocurrencies.
  • It has good support.
  • It is a very active exchange.
Cons
  • None at all.

Revainrating 3 out of 5

Joined exchange for Korean occupants.

Made in Korea, it offers a cryptographic cash trading stage with fiat cash, for the present circumstance the Korean won, where through a novel interface in its arrangement, since it covers a couple contraptions and market information, it is adapted to capable directors. The exchange moreover has other helper organizations, for instance, a dispatch program for new tokens keeping watch, where managers can buy the tokens through USDT, and besides gives a cloud mining structure to a limited

Pros
  • It has a remarkable business interface setup uniquely crafted for capable managers.
  • Present a totally new emblematic arrangements program accessible.
  • Develops a couple of essential relationship with various stages and famous associations in the crypto market.
  • Grants the trading of cryptographic types of cash with fiat cash.
  • Fuses compact variation for android.
Cons
  • Limited for non-Korean managers.
  • The base withdrawal whole by various crypto assets is incredibly high stood out from various exchanges.
  • Its interface arrangement can be genuinely incompressible for by a wide margin the vast majority of beginning shippers.
  • It has basically no business liquidity to be an exchange with fiat cash dealing with (KRW).

Revainrating 3 out of 5

Incorporated trade for Korean inhabitants.

Created in Korea, it offers a cryptographic money exchanging stage with fiat cash, for this situation the Korean won, where through a novel interface in its plan, since it covers a few apparatuses and market data, it is adjusted for proficient administrators. The trade additionally has other auxiliary administrations, for example, a dispatch program for new tokens on the lookout, where administrators can purchase the tokens through USDT, and furthermore gives a cloud mining framework to

Pros
  • It has an extraordinary business interface configuration custom-made for proficient administrators.
  • Present an absolutely new symbolic deals program available.
  • Builds up a few vital associations with different stages and eminent organizations in the crypto market.
  • Permits the exchanging of cryptographic forms of money with fiat cash.
  • Incorporates portable adaptation for android.
Cons
  • Restricted for non-Korean administrators.
  • The base withdrawal sum by different crypto resources is amazingly high contrasted with different trades.
  • Its interface configuration can be truly incompressible for by far most of starting merchants.
  • It has almost no business liquidity to be a trade with fiat money taking care of (KRW).

Revainrating 3 out of 5

Centralized exchange for Korean residents.

Developed in Korea, it offers a cryptocurrency trading platform with fiat currency, in this case the Korean won, where through a unique interface in its design, since it covers several tools and market information, it is adapted for professional operators. The exchange also has other secondary services such as a launch program for new tokens in the market, where operators can buy the tokens through USDT, and also provides a cloud mining system for a limited time. The speed of the exchange is…

Pros
  • It has a unique business interface design tailored for professional operators.
  • Present a totally new token sales program on the market.
  • Establishes several strategic partnerships with various platforms and renowned institutions in the crypto market.
  • Allows the trading of cryptocurrencies with fiat currency.
  • Includes mobile version for android.
Cons
  • It has very little commercial liquidity to be an exchange with fiat currency handling (KRW).
  • Limited for non-Korean operators.
  • The minimum withdrawal amount by various crypto assets is extremely high compared to other exchanges.
  • Its interface design can be very incompressible for the vast majority of beginning traders.

Revainrating 3 out of 5

Review on Flybit by Isaac

In a world where cryptocurrency is now taking over, people seek to be able to exchange cryptocurrency for money or swap cryptocurrency. Flybit is one of the platform that offers this and they are fast, safe, and secured. FLYBIT is a fast-growing digital asset exchange founded by Korea Digital Exchange Co., Ltd., which has been in operation since 2018 and offers over 80 trading pairs in KRW, BTC, and USDT. FLYBIT is a member of the Korea Blockchain Association and excels in security, customer…

Pros
  • It's a fast growing digital assets
Cons
  • Nothing much to say

Revainrating 4 out of 5

Fly up high, FlyBit

Korean is known to be the home to a lot of cryptocurrencies exchanges,some of which still exist while others have been shut down either due to strict regulatory laws and shortage of funds which might lead to their early closure. Fly bit is one of Korean cryptocurrency that is still standing up till date. I got to know about this exchange when i read about it review from a fellow revain author after which i was convinced to try it out,i registered on this exchange with great ease,i wasn't…

Pros
  • It supports multiple cryptocurrencies
  • The fees here are generally cheap
  • Registration is very easy and simplified
  • The exchange comes with a professional interface
Cons
  • The exchange doesnt have an English telegram group

Revainrating 4 out of 5

It would have been best if Flybit could make most of its features international

The exchange is a Korean cryptocurrency exchange for the trading of cryptocurrencies like Tether, Bitcoin, Ethereum, Cardano, Binance Coin, Ripple, Litecoins, Stellar and other altcoins numbering up to 60. This exchange was launched in 2018 with a trading volume of $461.26 million according to reports from the exchange website. The entire webpage of the exchange website comes in Korean, so i had to use Google Translator in order to translate it efficiently. I later discovered that there was an…

Pros
  • It is a recently launched exchange
  • The telegram group is active though not in English
  • The exchange trades multiple cryptocurrencies
  • The liquidty is very nice, as a result of the low trading fees
Cons
  • The social media group on Telegram is not useful for non koreans as all its content comes in Korean
  • The website has technical issues in terms of bugs and hitches
  • The fiat offered here is in KRW