Review on YoBit by Ayu Anggraini
My experience with Yobit exchange
This exchange was a great one. But then they keep adding more and more coins which just based on pump and dump and inactive coins. The safety side was okay, but the market maker fee and takers is really high for me. Even just to make few percent on decent coin with huge capital is kinda hard because the market maker and takers fee is too high. And there still a lot of coins which has no developer anymore and no certainty on project still get listed and trap a lot of traders. Many traders end up having a coins without a buyer and much bot do the trading for inactive coins. No certain recorded time of successful trade so traders did not know weather the recent transaction is a new one or a month old.
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Pros
- Legit and good safety
- A lot of volatility
- Fast to receive Withdrawal and deposit
Cons
- Too much inactive project
- Pump and dump coins
- High market maker fee and takers fee
- Many bot doing manipulation
