First Look
SkyBit Exchange came up while I was searching for smaller exchanges. I signed up, opened it, clicked around. The interface looks fine, charts load fast, copy-trade panel is there. At first, you think it might be active. Then you check the books. They are thin. A few trades happen, but only small ones. Margin pairs exist, but there’s almost no movement. It feels quiet, almost too quiet.
What It Promises
SkyBit says it offers low fees, simple trading, margin tools, and the option to follow pro traders. There are referral bonuses and a mobile app. On paper, it’s the full package for both new and advanced traders.
What I Saw Inside
Trading works, but there’s not much volume. BTC/USDT trades a bit, other pairs barely move. Place a bigger order and the price jumps. Copy-trade lists some traders, stats show numbers, but they don’t look fresh. Margin trades open, but without real liquidity they are risky. The tools are there, but they feel unused.
Digging a Bit Deeper
I looked for updates. Nothing new. Social media channels are almost dead. Some users talk about slow support, others say withdrawals work fine. There’s no audit, no proof of reserves. It doesn’t build trust when there’s nothing to confirm the safety of funds.
What Still Works
- The site runs fine.
- Copy-trade works technically.
- Margin interface is clean.
- Fees are visible and not high.
- For someone who just wants to try a few trades, it’s okay.
Why It Feels Empty
Because there’s no crowd. Features exist, but users are missing. Without traders, order books stay thin. Rewards don’t matter if no one is using them. The whole thing feels like it’s on autopilot.
Who Might Use It
People who want to test copy-trade with tiny amounts. Someone curious about margin. Maybe local users doing small swaps. But not serious traders who need strong liquidity.
Status in 2025
SkyBit is still online. Pages open, trades go through. But there’s no buzz, no growth, no signs of life. It’s there, running quietly, without much happening.
Should You Try It
You can, if you use small amounts. Make a few trades, test withdrawals, see for yourself. Just don’t expect volume or support like on bigger exchanges.
Final Thoughts
SkyBit wanted to be a full-featured platform. It has spot, margin, and copy-trade. But without users, it feels half alive. If you decide to try it, do it carefully and with small funds. For real trading, use an exchange where markets are alive. SkyBit now is like an empty hall – open, but almost no one inside.