Review on Nexybit by Killer Bean
Don't trade here, the exchange is closed
NexyBit is a centralized exchange launched in 2018, with its headquarters in South Korea, the exchange is powered and operated by Nexy technologies Limited. The exchange offers spot trading, margin trading and also Futures Trading. According to information from CryptoWisser, the exchange had a low trading volume a little before the Covid-19 incident, meanwhile, the exchange also recorded a $0 trading volume during the Covid-19 crisis, so it might be thoughtful to say that this exchange must have closed down due to the crisis. The exchange had a nice trading fee structure, for spot trading makers were charged a 0.1% fee as well as takers. As for the futures trading, makers and takers were charged 0.01%, i wouldn't regard this exchange as totally liquid because there was a great decline in trading volume within three months. The exchange does not offer any trading services again, as the webpage is inaccessible at the moment.
Pros
- There is no positive aspect to the exchange
Cons
- The exchange is no longer accessible, don't trade here
