Flybit - Exchange Review

First look

Flybit came out in 2019. Everyone in Korean chats said, “try it, it’s smooth.” And they were right. Back then it was simple to sign up. KYC was annoying, but you got through. Deposits hit fast, trades matched, no crazy delays. I remember checking the app and thinking, this is actually decent – light, clean, no bloat. BTC and ETH pairs were busy, altcoins had some life. It wasn’t the biggest exchange, but it felt alive.

Years later, I log in again. Same site. Same app. Nothing much has changed on the surface. But the vibe? Gone. The books are thin, spreads open like a canyon. Orders sit there untouched. You can tell in a minute – the crowd left.

What’s still written there

The site still flashes all the promises. Low fees, safe funds, cold wallets, quick withdrawals. Security banners everywhere. Looks fine if you read it like an ad. But it’s like reading an old flyer taped to a wall. Words are there, but the shop behind it is empty.

Clicking around

I tried some pairs. BTC/USDT – tiny orders work. Larger ones, price jumps. ETH is quiet, the rest frozen. Charts refresh, but nothing moves. Staking pages open, but the numbers look stuck. Margin tabs still there, almost for decoration.

Support? I didn’t bother. Last time it was like shouting into a cave – no echo. People online say the same now. No replies, no help. Withdrawals, when they happen, take forever.

The site runs. That’s the weird part. Nothing breaks, navigation is smooth, but it feels like a machine left running with no one to watch it.

Looking deeper

News section? Dead. No updates, no new listings. Social pages stopped posting ages ago. Team is nowhere to be seen. No word about upgrades or future plans. Just silence.

I checked around forums. Reviews old, split. Some users say they pulled their coins out months ago. Others claim they’re still waiting. No audits, no reserve proof. For an exchange that once shouted about safety, that silence says enough.

Things that still work

• Website opens, slowly but it does.
• Tiny trades pass without issue.
• Fees show on screen.
• App logs in fine.\
• Charts load, even if useless.

That’s pretty much the full list.

Why nobody’s here

Because everyone left. Traders follow volume. Once it dries up, they move. Flybit didn’t keep up, didn’t fight for market share, didn’t update. When the crowd leaves, liquidity goes first, then trust, then everything.

An exchange is not just features. Without people, it’s just a webpage with numbers. Flybit is that now.

Who could use it

Maybe someone testing with five bucks. Or a guy logging in after years to see if his old balance is still there. Serious traders? No way. No depth, no flow, no reason to stay.

How it feels now in 2025

Technically it’s online. You can trade. You can click tabs. You can even withdraw if you’re lucky. But the place is hollow. No new coins, no events, no talk. It’s like a train station long after the last train. Lights on, no people.

Should you risk it

You can, if you want to test. Just don’t put anything serious there. Don’t expect support to save you. If your funds are stuck, try to pull them out fast.

Final words

Flybit had its time. Clean design, easy trades, good flow – it worked in the early days. But it stopped growing, stopped talking, stopped caring. The market left, and so did the life inside it.

Now it’s just a leftover. Still running, still clickable, but empty. Using it feels strange, like walking into a shop that’s open at night – lights on, shelves full, but no one at the counter. You stand there, wait, and realize – nobody’s coming.