Review on YoBit by Evgeniy Makeev
Very unusual but high-quality exchange
The exchange is really quite unusual and interesting, the developers tried to make an entire ecosystem. But there is one thing but, it is not like a system of other exchanges that add trading in woods, options. It's a little different here, there is an interesting entertainment called DICE, in fact something like a coin, where you can bet a variety of cryptocurrencies and double it if you guess the number. There is an investment box that does not look like stakes on regular exchanges, here in the invest boxes there are a wide variety of coins, most of which are issued by the exchange itself, with a wide variety of interest rates and conditions for their fulfillment, but mostly somewhere around 1 percent per day , which is a pretty good value, but does not cease to be a risk. ICOs on this exchange are also peculiar, it also sells coins that are issued by the exchange, after which some of them can somehow be introduced into the ecosystem of the exchange. In general, I think it’s up to everyone to learn all the little things about this exchange, there is something to be done, but what can I say if you want to use this exchange in the most usual way. An important plus here is the lack of verification, at any time you can go to the exchange, make a deposit, exchange, and withdraw any value from it. However, be careful with large values, there is not much liquidity on the exchange, and if you want to complete a transaction quickly in the market, you can lose some interest on this. Also, conclusions from the exchange sometimes happen with an unpleasant delay; a couple of times I received a conclusion about an hour, which is also not pleasant. Which of course I can’t say about deposits, they are fast enough, in addition, withdrawal and bidding commissions are quite low here, which is good. There are a lot of coins on the exchange, yes, not everyone has a lot of liquidity, but their variety is impressive, and there are also quite promising coins that have not yet appeared on large exchanges. The Yobit interface is very simple and convenient, does not bring discomfort in use. It is also worth mentioning the quality support of the exchange, you can write to them both directly and in telegram chats, it is very convenient and productive. And of course, I cannot but mention frequent distributions and promotions, which is also a kind of plus for the project. In general, despite all the unusual features of this exchange, I want to put him 4 points, you can definitely trust him, and use it if you want to participate in an unusual ICO, or buy some kind of promising coin.
Pros
- Unusual, but interesting functionality
- Convenient and simple interface
- Small trading and withdrawal commissions
- Huge amount of coins and trading pairs
- Quality user support
- Frequent promotions and giveaways
- No verification
Cons
- Sometimes there are extremely long conclusions
- For some, the lack of margin trading may seem like a minus
- Small enough liquidity, in some pairs even very
