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Type of review

Revainrating 3 out of 5

Review of YoBit Exchange.

In short, I cannot recommend Yobit exchange. I don't use the exchange myself to do any serious trading and this makes it impossible for us to be positive about it to our readers. I particularly concerned about allegations of fraud made to Yobit by the Russian government. The fact that the exchange is actively encouraging their users to engage in pump and dump schemes is just outright market manipulation. Please do check out our pump & dump cryptocurrency guide, which tells you who profits…

Pros
  • Variety of options which allow you to withdraw and deposit funds.
  • Hundreds of supported cryptocurrencies.
  • Perks that reward active and regular traders.
  • Exchange supports multiple languages.
  • Available worldwide.
Cons
  • The exchange actively promotes their own pump and dumps.
  • Currently under investigation from Russian authorities for fraudulent activities.
  • Poor customer support that is slow to respond to issues.
  • Delayed withdrawals.
  • A high concentration of highly questionable coins is available to trade.
  • Poor liquidity for most markets.
  • Does not currently support bank deposits for funding

Revainrating 4 out of 5

Enough fast withdrawal of funds. Also many many young coins which are unlikely…

Enough fast withdrawal of funds. Also many many young coins which are unlikely in the near future will add to the large stock exchanges. But we must remember that if you have a problem with the transfer of coins. Support service will not answer you soon. In my case, I waited for the answer 6 months

Pros
  • Courses are higher than on other exchanges. What allows to exchange coins more profitable
Cons
  • The support service works disgustingly

Revainrating 5 out of 5

Experience over four years. Stability and honesty.

Experience over four years. Stability and honesty.

Pros
  • An attractive exchange for trading and investment with a profit of up to 10% per day, competent administration, user-friendly interface, live chat, with instant conclusions and the smallest commission. Frequent new ICO.
Cons
  • No night mode.

Revainrating 3 out of 5

As a user of YoBit I find it entertaining, however, I am also very wary of any…

As a user of YoBit I find it entertaining, however, I am also very wary of any type of non-standard investment on the platform. It would be easy to lose your portfolio playing dice. Some free coins, and a daily amount of ETC which can add up for small investors. Some currencies can be easily withdrawn, DOGE and WAVES to name two, however, test the waters on some currencies. Especially if they are trading substantially below market as the withdraw feature on the wallet is likely disabled.

Pros
  • The exchange has some interesting features and is very easy to navigate. If you like more of a "casino" type atmosphere there are some gambling features, investing tokens for returns, and a free token faucet. The chat box can be informative and amusing. Many coins and tokens available and multiple markets.
Cons
  • Problems with some tokens. Be aware of pump and dumps and other schemes. Many complaints in chat box about disabled wallets, or high fees for withdrawals. Some currencies appear to have wallet withdrawals indefinitely disabled. Also disclosure on wallet status is deceptive. Support is slow.

Revainrating 5 out of 5

Yobit is an exchange where you can make x's! Among the sea itself there is the…

Yobit is an exchange where you can make x's! Among the sea itself there is the coin that will bring you up to 10x!) This is the only exchange that dared to hold a pump itself! And after complaints from the returned funds to those who lost on the pump. That where people did not write, the exchange never steals anything, problems are solved, the main thing is to be polite and describe in detail the problem in support. I wish them (and us) prosperity!

Pros
  • Normal exchange. Lots of trading pairs, the ability to invest coins. Lisa)) I / o Russian rubles. Funny chat
Cons
  • A lot of scam-coins, sometimes a long response time to the support ticket. High I/o fees. no stop loss.

Revainrating 5 out of 5

Friendly and unique and very nice exchange. I really recommend it!

Friendly and unique and very nice exchange. I really recommend it!

Pros
  • YoBit (io domain nowadays) has an accessible and user-friendly interface. The price of bitcoin is often higher than on other exchanges. There are many ways to Deposit and withdraw money. There are tools for investing in coin of Yobit and in coins of other developers. Investbox menu. There are many coin pairs (> 1800) listings there and the coins are never delists from there (you have a chance to sell it always). Often, various ICO events are held on which you can earn good money.
Cons
  • Support is slow to respond to requests, but if the question is made correctly in detail and respectfully the response speed increases