Review on YoBit by Ibrahim Sunday
Yobit review 2020
Finding the best exchange is hot tea every beginner battles with, well not anymore, you just need to mark out your constraints and find the exchange that fits it. All you need to check is its security, withdrawal charges, deposits types, trading fees, trading options(margin, spot, etc) and user experience, and lay out
Yobit offers 0.2% on trading fee, and still charge withdrawal fee. It has under developed charts and most bad reviews on
But its secured, trading option is okay, nothing
Pros
- Yobit has a good number of trading pairs and crypto currency, it include about 437 crypto currency and 3899+ crypto pairs.
- The rumor of the restriction on the withdrawal of its token is not correct, it was just under maintenance.
- It has altcoins, making it able to have a lot of coins, it coin listing fee is also very much affordable, about 2+bitcoin.
- It offers a gambling service and it has lots of languages.
Cons
- It only support USD as the only means of fiat deposits.
- Yobit always have bad reviews online and it has a withdrawal fee of 0.0001btc which is very high even for small scale traders
