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Venezuela
4 Level
92 Review
767 Karma

Review on YoBit by Mayra Coba

Revainrating 3 out of 5

Small exchange that has received complaints although it has some positives

This small cryptocurrency exchange has become quite popular so far. Relatively its volume is low in transactions. Not much is known or has legal or privileged information about the company behind this exchange on its website. The platform has been filled with countless complaints and has even been investigated by the Russian authorities. He was born in 2015.
To create an account it is totally fast and will not require prior instructions. The mail will reach you instantly. As for withdrawals or payments, the verification process is simple when you have the Google authentication program installed.
The fiat currency you accept is USD. We can deposit USD in our account and buy bitcoin with it. After doing so, we can exchange it for the different cryptocurrencies out there.
The customer service is lousy because they don't even have a live chat and they don't respond to anything in time with the ticket system they use.
In general, it is an exchange that has received too many complaints from users and is not trustworthy at all, however, it has some features that can be supported in terms of the currencies it offers that we will not be able to find on other exchange platforms. , deposits in fiduciary money and other additional services.

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Pros
  • Add not-so-known cryptocurrencies that are hard to find.
  • Includes two-factor authorization.
  • Deposits in fiat money.
Cons
  • Bad customer service.
  • Many complaints and has been investigated by Russian authorities.
  • It is not known who runs the company.

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