Header banner
Revain logoHome Page
daybit exchange logo

Daybit Exchange Review

10

·

Terrible

Revainrating 2 out of 5  
Rating 
1.8
Crypto Exchanges

View on AmazonView on ЯM

Reviews

Global ratings 10
  • 5
    0
  • 4
    0
  • 3
    2
  • 2
    4
  • 1
    4

Type of review

Revainrating 1 out of 5

Beware of Daybit crpyto currency exchange

Hi every one I will like to share my experience with Daybit crpyto currency exchange platform. is a crpyto currency exchange platform that was founded three years ago. It's trading interface is friendly and it's also available on mobile App but is not accessible at all because when I tried using it keeps bringing a blank page and nothing to view. Daybit is possible through crpyto currencies and wire transfer only. There no much information about this platform at all because there website i

Pros
  • Nothing to discuss
Cons
  • High trading fee
  • Not accessible
  • Not active

Revainrating 1 out of 5

DAYBIT

Daybit is a 2018 released cryptocurrency exchange from South Korea and it is available in English and Korean, it requires strong KYC/AML for you and other traders. Daybit Exchange appears to be gone as it claims to have an app for easy access and trading but this seems no where to be found and its about us link with frequently asked questions never take you to only a blank page with nothing to view. It used to charge 5usd for withdrawal, 0.25% trading fees, it allows fiat deposit and supports…

Pros
  • Nothing of use to report.
Cons
  • It requires strong KYC/AML required
  • It has no liquidity.
  • Its trading volume is zero.

Revainrating 1 out of 5

Trade with caution

Daybit Exchange is a centralized platform founded in 2018. I don't think registration is possible in this exchange, because after which I provided my details which was needed for my registration, this exchange kept on loading, loading till I was frustrated and left the page. Though the exchange has a mobile app, but I didn't go further to use the app, to even see if registration was going to be possible via the app. I was able to see the trading environment, it is nice though, with a well…

Pros
  • It has it own mobile app
  • No personal experience
Cons
  • Registration is not possible
  • High trading fee
  • The telegram group is inactive

Revainrating 2 out of 5

The DayBit Exchange Platform Is Quite Complicated; I Try To Avoid Complicated Things

TThe DayBit exchange platform is a South Korean exchange platform. It is a company that was established in the year 2018 and is presently a home to thousands of crypto traders across the globe. The exchange platform seems to be a good one but I'm not too comfortable with some features the exchange platform possess. As usual, I used the platform, specifically to make a trade and check out some other features and that was how I got to discover that the exchange platform charges traders a flat…

Pros
  • The exchange platform seems to have a good volatility
Cons
  • I don't seem to fancy their user interface that much
  • Their fees are not competitive at all as they charge the exact industry's average
  • It took me a while before I could get my withdrawal done
  • The website has been without an update for quite a while

Revainrating 2 out of 5

To Remain On A Safer Side, Stay Away From DayBit Exchange Platform

IIt's one thing for an exchange platform or any other platform to stop functioning and it's another thing for it to still be functional but without an update. That is the exact problem the DayBit exchange platform faces. The DayBit exchange platform is one that was established in the year 2018 and belongs to the country of South Korea. The exchange platform seems to be facing numerous challenges that I begin to contemplate on the fact if the founders are still available or it is an abandoned…

Pros
  • They have their mobile applications available for traders who like it that way
Cons
  • The exchange platform has not been updated for quite a while and the same thing applies for their mobile applications
  • It seems the project has been abandoned by its founders

Revainrating 3 out of 5

A very good upcoming exchange

hello I wish to share my experiences on my point of views on this exchange I have come across lately. This exchange is a decentralized exchange it has been in the market for quite a long time. The daybit Exchange it's a very cheapest change to use as it allows you to trade at a rate as low as 0.25% for both market makers and takers. Exchange is very easy to use which is formatted in various languages furious the user interface allows you move around the website easy way. The exchange allows a…

Pros
  • Design interface is very good and very easy to use
  • The exchange allows various means of deposit even with your credit card, you can deposit with your Korean won
Cons
  • The exchange has very low trading volume in my opinion

Revainrating 1 out of 5

DayBit: Open Project Without Updates in the Page

DayBit is a project for traders that has received some updates and announcements but any of them support real availabilities for improvements. The site just remains as it was created, and the team is not actively working to solve any issue presented. The current rating of the company has decreased considerably because traders think this project is a scam. And certainly, the teams haven't gone against those declarations. What makes me think, that surely, the platform is a project with many…

Pros
  • The page isn't available properly. It is not an updated project, and for that reason there not exist positive reviews.
Cons
  • The site isn't available with real entries for trading.
  • The sites haven't been updated for some time now. The team isn't available.
  • The projects haven't value currently. It should be improved, but most of the community think of it as a scam.

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…

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

Revainrating 3 out of 5

Torn between trust and despair, I think Daybit exchange can still be used

The Daybit exchange is a centralised exchange located currently in South Korea. According to data from coingecko the exchanged appears to still have some trade volume going on up to the tune of 1.69 BTC. Checking in with CoinMarketCap, the story there is different as the exchange is not even made available or visible on the platform and this is most probably due to the issue the exchange had with binance when it claimed a partnership that never existed. The history of a faked partnership is…

Pros
  • The exchange still appears to be operational but I cannot really say as its web page just keeps unloading without going further
  • Very low trading fees of 0.1% is associated with this exchange
Cons
  • The indications of a scam by the project when it claimed a partnership with binance that reduced its reliability
  • Very low number of crypto pairs are available and a very low trading volume too comes in on coingecko
  • The exchange doesn't appears to be listed on CoinMarketCap probably due to the issue it had with Binance

Revainrating 2 out of 5

DayBit might be a possible scam

Daybit exchange is a centralized exchange which started off its business in 2018. Well registration on this exchange was/is no longer possible. Why am i saying this? After providing my details for registration in this exchange i had to confirm my account by clocking the verification link sent to me. This wasnt a problem, when i got the verification part, the link kept redirecting me to Google Playstore, i suspected that the registration was possible only through the app however the page which i

Pros
  • The exchange support fiat deposit
  • The Exchange has its own native token, DAY
  • The interface is very intuitive and proffessional
Cons
  • Registration is presently impossible
  • The Exchange only support KRW as fiat
  • The exchange only support two languages
  • The mobile doesn't exist on playstore
  • The fees charged is quite high