Review on YoBit by Naomi Ilani
The Yobit Crypto Exchange Platform
The Yobit is an exchange platform that is registered (centralized) under the Parnama Financual bodies and was established in the year 2014. It charges a flat fee for both takers and makers which is 0.2% and supports a wide variety of cryptocurrencies making it useful to many in many
Talking about it's security, Yobit has managed to keep a clean record ever since inception as it had never had security issues and has remained that way. The platform supports multiple languages and can therefore be used by some traders without the knowledge of English language. The Yobit exchange platform has a great transaction speed and should be referred to all the traders due to its multi usabilit
Pros
- High speed of execution
- Supports more than one language
- Supports the trading of a wide variety of traders
- The fact that the exchange platform has never been hacked has left it trusted and easily used by many traders
Cons
- The platform doesn't have a mobile application
- The trading fee is a bit high, about 0.4% in total and should be worked upom
