Review on YoBit by LUIS RIVERO R
This exchange is small considering the time you have online. In spite of that…
This exchange is small considering the time you have online. In spite of that, it is still very small when it should occupy a higher position. in the networks and the internet you do not have a good image of yobit. But to begin is good to venture into this world of cryptocurrency. Yobit is a good teacher for the incursion, only that at the time one usually realizes that there are better options and with more attractions that this offers. My recommendation is that they are redefined as an exchange and they can still change their image.
Updated 5 years ago
Rating changed from 3 to 2
Currently it allows adding various tokens of the etherium platform.
There are complaints of assets with similar names to others and it is possible to commit atrocities.
To date it is not available for mobile version with any application.
Without general data of the exchange has a generally negative or neutral criticism, it is ideal to invest in currencies that are new in the market and generate some increase. But if you are going to use it as main it is advisable to use new options with more interesting security features.
Updated 4 years ago
Rating changed from 3 to 2
Before using this platform, I recommend checking if the chain to use is active, since there are some currencies that are not updated to the last corresponding chain, which could simply lead to losing your funds, I say this from my own experience.
*You can also view the comments on reddit yourself, many comments on unusual practices of this exchange.
However, you have to give it some credit since it has been in the market for more than 5 years without stopping operating and it has been an entry method for some users. and investors with unpopular currencies. I really recommend withdrawing the funds and storing them in wallets.
Updated 4 years ago
Rating changed from 3 to 4
A few days ago I made a withdrawal of a cryptocurrency and it turns out that a few months ago updates were made in this network, but Yobit is not yet compatible with this new chain, something that is usually a little bit so I had to sell again and withdraw in Another asset, I consider these problems to be recurring here because Yobit has too many assets over 6000, making it almost impossible to keep all the chains up to date.
However, these are the projects that must also be aware of this information and keep exchanges like this informed of changes.
I recommend it for users who want to operate from their PC with good exchange prices and fees, I recommend using it wisely and checking if the currency to buy is up-to-date so that they do not have any disappointments.
I will raise the rating since I have found some cryptos that were not in other sites and have increased as they become more popular. Yobit is the exchange for promising new projects.
Pros
- It has a large number of cryptocurrencies available, you can find almost any token or cryptocurrency in this exchange house. It has good liquidity in terms of the number of currencies admitted. It is possible to buy with fiat money from some payment processor because they have several available and it is possible to withdraw them. the interface is not very nice but if it is easy to use, a new user could learn first hand with yobit
Cons
- Some currencies are not even active, the withdrawal fees are very high, you can have many tokens but there is an immense amount that does not even move in price because nobody uses them. Fiat tamboco money is so liquid. more investment is needed on the site. It would be a good idea to stop accepting any token as that leaves a lot to say
New products
Comments (3)
October 21, 2020
The yobit exchange is really a bit difficult to understand and new users may have difficulties. Yobit is a large stock exchange with a lot of cryptocurrencies, they are constantly making campaigns, but they are challenging campaigns and constantly asking us to do new tasks. I use the yobit exchange very little but it can be used
August 08, 2020
The price of Bitcoin is always higher than the market price in Yobit and it has its own investment platform called investbox where you can earn interest daily on certain assets. It has many features and a lot of currencies but has been flagged due to its bad reputation.
June 30, 2020
Good to know about it! Something great have projects overall, is that the good ones always try to improve. Perhaps, I take a look on this exchange, soon. First, I have to explore in deatil.
