Review on YoBit by Saparov Meylis

YoBit belongs to the category of exchanges that have long established themselves in the cryptocurrency market. Although the site is not a leader in terms of trading volumes, its reputation and the presence of several unique features allow it to remain popular and have a large core of loyal users.

At Yobit, these features include support for a large number of cryptocurrencies and work with fiat. The last point is a rarity among crypto-exchanges and the ability to withdraw money immediately to the wallet of the payment system is worth a lot. Support for the Russian language is also important.

As for general information about the trading platform, it is known that the exchange has been operating since 2014, and it was founded by a group of developers and crypto enthusiasts from Europe. The founders themselves prefer to remain anonymous for security purposes, but as we know from open sources, the exchange is registered in Panama as YobiCrypto Corp (legal address: 0801-3254 Panama City, Plaza 2000 Tower, Calle 50 Panamá).

The network slipped information that Pavel Krymov was related to Yobit, but this information was repeatedly refuted by the exchange team, these rumors have no basis, and, most likely, are orders from competitors.

The exchange website is available at yobit.net and yobit.io is the same trading platform. To ensure stability, the exchange has two domains so that users can enter the platform from anywhere in the world without obstacles.

They offer to work here on the following conditions:

* several hundred cryptocurrencies are supported, including

so exotic altcoins that others

sites are practically not traded;

* there is support for fiat (rubles, dollars);

in addition to English and Chinese, the site is available on

Russian. High-quality translation;

* commission here is usually 0.2% of the exchange amount. By

compared to other sites, the commission is high;

there is no margin trading on the site;

* you can trade with market and pending orders;

there is a one-level affiliate program, you will * receive 20% of the commission of all clients attracted by you;

* no mandatory verification requirement. No link

to the form through which you can upload documents, nor

mentioning this in the withdrawal section or in

client agreement;

* commission for withdrawal and deposit of fiat is often changed. Sometimes

there were periods when in some directions the commissioning and

the withdrawal was almost free, it all depends on the turnover itself

exchange.

Of the insignificant, we note the presence of a semblance of gambling with dice, the link is on the main page of the site. The design of the site is very simple, the trading terminal is displayed on the main page, there are no links to many important sections. For example, there is no information about the team, the history of the development of the exchange.