Review on YoBit by Adejoh Samuel
The Yobit Exchange Platform
The Yobit exchange platform is an online platform where cryptocurrencies can be traded and has other features pecuilar to it and few other exchanges. It was established in the year 2014. The exchange platform tends to have gathered over 6 years of experience which would be of good use to traders with the passion of using exchange platforms that has gone through thick and thin.
I had to access their service on the web, using my desktop browser (chrome) due to the fact that they are yet to have a mobile application. Unlike many other exchange platforms that have made mobile applications available for both Android and iPhone users, the Yobit exchange platform is yet to have that in place. Let's just hope they do something about that soon. I got to discover how dull and unattractive their user interface was, although it is can be easily navigated. Their interface can be accessible and recommended to new traders or people new to the blockchain network as I didn't have to stress my eyes in getting anything. Another feature I admire about their web platform is their multilinguality. The Yobit exchange platform supports languages (which happens to be among the most spoken in the world) like Chinese, Russian and German. This quality the exchange possess has made it a very useful exchange platform in other non-english-speaking countries. Multilinguality is something I love and admire in projects and the exchange platform has it.
The exchange platform doesn't limits itself to just cryptocurrencies as it supports the deposit of fiat currencies. Their customer support services can be accessed on Telegram. I am yet to join their Telegram group as I am yet to have any complain to make to them. Moving on to the most important information about an exchange platform, the Trading fee. The Yobit exchange platform charges a flat trading fee of 0.2%. This trading fee is not too high to me due to the many affiliate bonuses they give (as I am a beneficiary of one of their giveaways). Setting up an account with the Yobit exchange platform is fast and easy. All you need is your email and a password,after which there would be a request for confirmation or verification of email. After this, you are ready to start trading and at the same time be applicable for their affiliate bonuses and rewards.
Pros
- The platform bonuses and affiliate rewards to their users
- Their trading fee is low compared to the industry's average
- They have managed to keep a clean record by being in the industry without a single record of hack
Cons
- They are yet to have mobile applications on both Android and iPhone operating systems
