Review on YoBit by David Olayide
Yobit Needs More Publicity!
So I happened to search up the exchange platform known as Yobit and as soon as I logged in it was as if I was hit in the face by a brick wall. I was presented with a page with sparse graphics and rows and columns of what looked like trading pairs. Well what can I say, Yobit is an exchange platform with total focus on cryptocurrency exchange. Surely they mean business!
Yo
bit, which was established in 2014, makes use of a very simple, plain user
interface that surprisingly attracts both big and small time investors. YoBit also allows clients carry out their transactions, making it very easy by facilitating the use of fiat to cryptocurrency pairings. The platform equally provides anonymity to it’s trading clients.
To be honest, Yobit does have a lot to offer. For example, the trading platform is supported globally. That means that anywhere you, you can use it with no restrictions at all. Apart from that I also took a look at the registration and verification process and I found that you do not at all need any KYC for verification. The process is rather simple and there’s no stress with it.
I think it needs more popularity though and it should probably spice up it’s user interface too.
more popularity though and it should probably spice up it’s user interface too.
Pros
- Anonymity
- Support for Fiat
- Easy verification
- 24/7 support
- Speed and transparency
Cons
- No KYC for verification
- Not compatible with android/IOS mobile devices
