Review on YoBit by larei bello
Yobit exchange
This is an exciting exchange to use, it had been in existence since 2014. Most exchanges which were launched this year have either closed down or even run bankrupt. But this is not the of Yobit, this exchange allows for the trading of multiple cryptocurrencies like Litecoin, Tron, Bitcoin and some other cyptocurrencies. The entire outlook of Yobit is very enticing and attractive, very easy to use and understand even for a beginner. The fees on Yobit are quite affordable, this has greatly improved its liquidity due to large influx of traders and investors like me. With the affiliate program, users can earn by referring other traders, I have greatly benefitted from this program. To begin trading with Yobit, I created my account with just basic information like email, its very interesting to note that Yobit doesn't require KYC at beginners stage , this is a good news for any new investor. The customer support group which ought to be active isn't active and responsive , due to the number of members in those groups( the number of social media groups where Yobit can be accessed is very minimal)
ο»Ώ
Pros
- It supports trading of multiple cryptocurrencies.
- It is very easy to use and trade on
- Registration is very easy and simplified
- Looking at the affiliate reward program, Yobit is a steady form of earning passive income
- The Customer Service is quite above average
Cons
- The customer support social media handles are limited
- Yobit might be cheap, but not relatively low as Binance
