Review on YoBit by Douglas Cachazo
YoBit: Small exchange with six years in the market.
Many consider this small exchange new but it was founded in 2015, what happens is that it has apparently changed owners. It is established in Russia, It works with bitcoin and many altcoins, It supports many erc-20 tokens and if it is not on your list you can add it manually without problems. Its very technical website from the moment you enter, only technical information, not suitable for beginners. It has its own small wallet with few options. Registration is easy and does not require a requirement to operate the verification, but if you wish you can. It is recommended. You have an option to acquire or donate coins, worth almost $ 0, and an unattractive investment plan with many negative reviews. Never before have I seen so many negative reviews for an Exchange like this one, I always observe the experience of something to see if I enter or not. It is important to me. And the reviews are very negative. I do not recommend this exchange.
Pros
- It works with a wide variety of cryptocurrencies and all ERC-20 tokens.
Cons
- Very technical, not recommended for beginners
- I have never seen so many negative reviews for an Exchange
