Review on YoBit by Francisco Varela
YoBit Exchange
It is a Russian exchange with basic and common characteristics, which facilitate and simplify the operations of less experienced users, with 2-factor authentication security and email verification at the initial session, it has the option to freeze withdrawals if it is not Made by the user, these aspects add confidence to the users.
This exchange does not require KYC for registration, which makes it an anonymous exchange, it has an option called InvestBox that is similar to a loan program that there is is to study carefully.
It has an extensive list of pairs to market is something that merchants love because they have a wide market of pairs, it accepts bank transfers and the use of credit cards is also allowed, charging a fixed commission of 0.20% on transactions. an average market share.
Pros
- YoBit does not apply fees or commissions for the deposit of any of the available cryptocurrencies.
- It has a huge list of pairs over 8,000.
Cons
- Platform linked to controversies, which questions its transparency and legality.
- Includes token weekly but they do not guarantee that the coins are not a fraud.
