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Venezuela, Guatire
1 Level
364 Review
1267.25 Karma

Review on YoBit by Gabriel Medina

Revainrating 4 out of 5

Simple platform with low liquidity

YoBit is a simple platform, with a regular interface and a fairly low liquidity. It is not one of the most recommended exchanges but it may be the only option for those who need to trade some small cryptocurrencies. It also has other interesting options that can be useful for those who want to explore what the crypto sphere is. The introduction of ICO markets, cryptocurrency information tables and gambling, make it an ideal site for lovers of the alternative market.

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Pros
  • Multilanguage platform.
  • Many deposit options.
  • Possibility of depositing fiat currencies, if you wish.
  • Wide variety of cryptocurrencies and currency pairs.
  • Rewards program for users who trade fairly frequently.
Cons
  • The information available online is unfortunately very limited.
  • There are reports of suspicious exchanges and the exchange itself that are being investigated by the Russian authorities.
  • It offers a dice game that allows you to bet in BTC.
  • It does not offer live chat support.

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