If you're looking for a crypto exchange to trade on, and you've heard of Nexybit, stop for a second. This isn't another Binance or Coinbase. This is a ghost town with a website.
Nexybit launched in 2018 with a bold claim: to be a global mining exchange that handles both spot trading and futures. Sounds impressive, right? But here’s what actually happened. By late 2019, its 24-hour trading volume was $8,015. A year later, it hit zero. Not $8,000. Not $1,000. Zero. And as of early 2026, there’s no sign it ever came back.
Why does that matter? Because if no one is trading, you can’t trade. You put money in, and you might never get it out. Or worse-you’ll get stuck with orders that never fill because there are no buyers or sellers on the other side.
Zero Fiat Support? That’s Not a Feature, It’s a Dealbreaker
Most new crypto users start by buying Bitcoin or Ethereum with real money-dollars, euros, pounds. That’s how you get in. Nexybit doesn’t let you do that. At all. Not even a single fiat deposit is accepted. That means if you don’t already own crypto, you can’t use this exchange. You have to buy crypto somewhere else first, then move it over.
Why would any exchange do that? Because it’s not trying to attract new users. It’s trying to keep existing ones trapped. And when there’s no volume, no one’s coming back.
Trading Fees Look Good-Until You Realize No One’s Trading
Nexybit charges 0.10% for both makers and takers. That’s lower than the industry average of 0.25%. Sounds great, right? But here’s the catch: fees mean nothing if there’s no liquidity. You can have the cheapest fees on Earth, but if you try to sell 1 BTC and there are only 0.02 BTC being bought at that price, you’re out of luck.
Compare that to MEXC, which charges 0% on spot trades and 0.010% on futures. Or Bybit, with 24/7 support and 100x leverage. Or even KuCoin, which has hundreds of obscure altcoins you won’t find anywhere else. Nexybit offers none of that. Just a flat fee and a dead order book.
Withdrawal Fees? Hidden. No One Knows How Much They Cost
Here’s where things get dangerous. Nexybit doesn’t publish its withdrawal fees anywhere. Not on the website. Not in FAQs. Not in support docs. You can’t find them. That’s not a glitch-it’s a red flag.
Every legitimate exchange lists withdrawal fees clearly. Binance? $15 for BTC. Coinbase? $1.50-$2.50 depending on coin. Even smaller platforms like Gate.io show exact numbers. Nexybit? Blank. You deposit your crypto, and when you try to pull it out, you might get hit with a surprise fee that eats half your balance. Or worse-you might not be able to withdraw at all.
Mobile App? Yes. But It’s Just a Shell
Nexybit does have mobile apps for Android and iOS. That’s something. But what’s inside? A basic interface with a price chart, a buy/sell box, and an order history that’s probably empty. No advanced charting. No technical indicators. No stop-loss orders. No margin trading. No copy trading. Nothing that serious traders use.
It looks like a placeholder app someone built once and never updated. If you’re trying to trade on the go, you’re better off with Trust Wallet, MetaMask, or even Binance’s app-any of which let you actually do something.
Why You Should Avoid Nexybit in 2026
Let’s cut through the noise. Here’s why Nexybit is a bad idea right now:
- No trading volume for over five years-meaning no liquidity, no price discovery, no chance to exit your position.
- No fiat support-you can’t start here. You need crypto already.
- Hidden withdrawal fees-you’re gambling on how much it’ll cost to get your money out.
- No mention in 2026 reviews-not a single credible source lists it as an option.
- No regulatory transparency-unlike Coinbase (publicly traded) or Binance (with global compliance teams), Nexybit operates in the dark.
There’s no evidence Nexybit is actively maintained. No recent blog posts. No new coin listings. No customer service updates. It’s not just inactive-it looks abandoned.
What Should You Use Instead?
If you want to trade crypto in 2026, here are real alternatives:
- Binance-best overall. 400+ coins, low fees, futures, staking, and 24/7 support.
- Bybit-if you want leverage. Up to 100x on futures, lightning-fast execution.
- MEXC-if you love altcoins. Over 2,670 coins and 0% spot fees.
- KuCoin-great for obscure tokens you won’t find anywhere else.
- Coinbase-if you want security, compliance, and a publicly traded company behind it.
These platforms have volume. They have support. They have transparency. Nexybit has none of that.
Final Verdict: Don’t Deposit a Cent
Nexybit isn’t a risky exchange. It’s a dead one. The data doesn’t lie: zero trading volume for years, no fee transparency, no fiat on-ramp, no updates, no community buzz. Even the mobile app feels like a relic.
If you’re thinking of depositing crypto here-don’t. You’re not getting a deal. You’re risking your funds on a platform that may not even be operational anymore. There’s no upside. Only downside.
Stick with exchanges that move. That have volume. That answer questions. Nexybit doesn’t. And that’s the whole story.
Is Nexybit a scam?
Nexybit isn’t officially labeled a scam in public databases, but it shows every red flag of one: zero trading volume for years, hidden withdrawal fees, no fiat support, and no updates since 2020. These aren’t mistakes-they’re signs of abandonment. If a platform doesn’t move, doesn’t communicate, and doesn’t let you know how much it costs to withdraw, it’s not worth the risk.
Can I deposit USD or EUR on Nexybit?
No. Nexybit does not accept any fiat currency deposits. You must already own cryptocurrency from another exchange before you can trade on Nexybit. This makes it unusable for beginners and severely limits its purpose.
What are Nexybit’s withdrawal fees?
Nexybit does not publish its withdrawal fees anywhere on its website or in public documentation. This lack of transparency is a major red flag. Legitimate exchanges always list these fees clearly. Without knowing how much you’ll pay to get your money out, you’re trading blindly.
Is Nexybit still operating in 2026?
There is no clear evidence that Nexybit is actively operating. No recent announcements, no new coin listings, no updates to its platform or apps. Major crypto review sites in 2026 don’t mention it at all. The last confirmed trading activity was in 2020, and volume has been zero since. It’s likely inactive.
Why is Nexybit’s trading volume so low?
Nexybit’s low volume stems from multiple factors: no fiat on-ramp (so few people can even get in), no marketing, no unique features, and no trust. By 2019, it was already struggling. By 2020, it vanished from the market. Without liquidity, traders leave-and once they leave, no one comes back.
monique mannino
February 12, 2026 AT 20:57Ekaterina Sergeevna
February 12, 2026 AT 22:08