Review on YOOBTC by Anyoma Gabriel
The transaction process on this exchange was so fast
YOOBTC exchange came into existence in 2019 as a centralized exchange which comes from Australia. I started using this exchange on 24th July 2020, after which I made several researches and read out many reviews as possible. Though I really had a good user experience, this exchange provided me with quick and smooth trading activities with no form of hitch. During my registration KYC was not required by me, I was happy because I skipped a stressful process. This was why I stopped using YOOBTC, it has a very low trading volume, it is not even popular, the security system is not too comfortable by me, it doesn't support any Fiat currencies. But I really enjoyed the quick services. Also this exchange has it own mobile app, which made trade easier and faster.
On a final note, I will advice users apart from Chinese and English traders to make researches for other exchanges, because it will be hard for them to navigate across the exchange. It only support English band Chinese language.
Pros
- Registration does not need KYC verification
- The exchange was actually legit
- It has a mobile app
Cons
- It is not popular
- Low trading volume every day
- Not open to the world due to the language supported
