Review on YoBit by Aman Arora
Yobit performing well since the launch
Exchange has performed well so far in thus ever rising crypto Era. There are several reasons for Yobit to succeed and set parameters that others usually take time to follow.
Fees structure is low and deposit and withdrawl of multiple coins at eas.
Multiple Faucets of different altcoins which keeps everyone interested to earn and trade which is for me is very encouraging and good reason for millions of traders like Yobit
Only Exchange in top rankings which offers mining of different top altcoins. You can buy miners and see your profit Grow.
Customer support relatively good and usually reply within 24 hours but very late in resolving issues.
Site Interface is very poor and I personally feel it is not of standard but We can never let a exchange down for maintainence specially when it has millions if users using the exchange.
Yobit Coin is performing outstandingly with a high of $1600 from $2 in two years and that is a massive achievement and it is still in the range of $800 to $1000 and I have not witness dumping of yobit coin even while we were in bear run.
Updated 4 years ago
Rating changed from 4 to 3
I have suffered issue with order and noticably higher spread in few of their new and old listed tokens and response to my query took more than I usuallt anticipate. I also manage to check the reliability issue amongst users whonuse the exchange for years are demanding refunds. I would be halted to use the exchange for the time being and would recommend to check back more reviews and use Yobit with more caution.
Pros
- Multiple Trading pairs and smooth execution
- Very low fees for makers and takers
- High volitality and liquidtion for most pairs to make it easy to find suitable price
- Inbuilt mining pools and faucet claims
Cons
- Lot ofLot of hypes and news been spread about Yobit exchange
