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125 Review
17 Karma

Review on YoBit by Daniel Stephen

Revainrating 3 out of 5

Yobit has many good features but there's more work to be done.

Yobit is a cryptocurrency exchange that allows users to trade Bitcoin, Ethereum, Litecoin, Tron, Tether, Doge, and a variety of other cryptocurrencies.The exchange currently has over 400 trading pairings on its list of convertible coins, making it a great spot to trade any existing and new coins and tokens.To get into trading, the exchange charges a hefty 0.2 percent fee for both market makers and market takers, which I find inconvenient, but the exchange compensates for this by charging cheap withdrawal fees for most of its popular assets.When it comes to security, Yobit has maintained a spotless track record since its start, having never experienced a security breach. The exchange has some negative reviews and comment on line and so Yobit needs to look into that issue and do something immediately.

Pros
  • Security is a top priority
  • The interface Is easy to navigate
  • The execution speed is fast
Cons
  • It has some negative reviews online

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