DOBI - Exchange Review

DOBI Exchange crypto exchange platform

What is DOBI Exchange

DOBI Exchange (also known as Dobi Trade) launched in 2018 in China as a crypto-to-crypto trading platform. It supports standard tokens like Bitcoin, Ethereum and its own DOBI token. The team also ventured into crypto ATMs and wearable mining devices - somewhat eclectic, but barely visible in crypto circles.

Activity and volume

Almost nothing is happening on DOBI. It’s marked as inactive by multiple trackers. Reported 24-hour volume is effectively zero. Coin listings and trading pairs are missing. Overall, this platform reads like a ghost exchange.

Token dynamics

The DOBI token exists on-chain but shows negligible volume. On some decentralized venues, it trades in tiny amounts - pennies per day. Its circulating supply is murky, and its value is almost negligible.

Fees and trading features

Desk research reveals a flat maker-taker fee structure around 0.1 to 0.3 percent, depending on pair. Withdrawal fees are reportedly steep - around 0.5 percent per withdrawal. No fiat onramp and no leverage products.

Reputation and trust

User experiences are overwhelmingly negative. Trustpilot scores sit near 2/5, with multiple reviewers reporting funds frozen, blocked withdrawals and unresponsive support. Other reviewers accuse it of suspect ethics and asset loss without transparency.

Security and transparency

There’s no evidence of audits, reserve proofs or regulated oversight. The operation’s base and corporate structure are unclear. Their OTC and hardware ventures raise more questions than credibility. No transparency, no reassurance.

Pros and Cons

Pros:

Cons:

Who it suits

DOBI is only for the exceedingly curious - perhaps crypto archeologists or risk-seekers exploring forgotten platforms. For anyone with real funds or moderate trading volume intent, this is a red zone.

Final verdict

DOBI Exchange is effectively a defunct and risky crypto platform. It offers minimal functionality, no liquidity, and carries major trust issues. Numerous user reports and lack of transparency suggest serious red flags. There are far better, safer venues out there. Avoid unless you're deliberately researching old, non-viable exchanges.

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