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Type of review

Revainrating 5 out of 5

Many trading pairs of cryptocurrencies

I often use this platform to transfer my rubles to cryptocurrency. This is rubles, since this is one of the few exchanges that accept not only dollars, but also our wooden ones)) Profitable, saving at least 2-3% on conversions, besides, the yobit does not take a commission for replenishment and does not even ask for confirmation which is important because our passports are not listed on other exchanges and often simply cannot be exchanged. I only recently noticed that Yobit has a frankly bad…

Pros
  • many currency pairs, no veref, 0% commission at entry.
Cons
  • no mobile application, the site is not very user-friendly, especially from a mobile one.

Revainrating 5 out of 5

A very large set of tools for making money

Read reviews on this site. so my question is why do they say the support is not working? I left the ticket twice and got a response in 10 minutes. The support is fast enough. I have been trading on this exchange for a little less than a year, there have been no problems described by other users. Very low commissions; replenishment for almost all payments - commission = 0%. Withdrawal from 1 to 7%, the commission is floating and on the card one day can be 3%, the other 7%. At the same time, you…

Pros
  • low commissions, complete anonymity, many investment opportunities.
Cons
  • average daily volumes

Revainrating 3 out of 5

Yobit exchange is an exchange with excellent track record

Yobit exchange is a multicurrency exchange with many positive features and excellent track records. For more than 6 years of operation, this exchange was never hacked despite the fact that it does not require KYC for registration. Although it has a 'freeze withdrawal option' to protect users funds against theft. Although as a result of not using KYC, users from highly regulated countries like US, Japan etc may not be able to patronize them, it is worth mentioning that they enjoy patronage…

Pros
  • It provides an on-platform wallet compatible with different cryptocurrencies to facilitate easy transfer from traders/investors wallets
  • Yobit has excellent track records in terms of security. For more than six years of operation, it has not been hacked
  • It is widely adopted globally
  • Registration procedure is easy. No KYC required.
  • It is a multicurrency exchange that also support several altcoins giving traders multiple pairs option
  • There is regular update on its Platform. It also provide a telegram platform for users to exchange views and trading strategies
  • It charges flat fee on both buying and selling of currency pairs
  • Traders annonymity is guaranteed
Cons
  • Traders from highly regulated countries may not be able to use the exchange due to its lack of KYC adoption

Revainrating 5 out of 5

One of the fastest growing cryptocurrency exchanges

I have been using this exchange since mid 2019. It is very convenient to use it to buy cryptocurrencies for dollars, because you can replenish the balance with dollars without commission and verification for any amount of money! I also sometimes participate in IEO on this exchange. But only in those where there is support from the exchange. In such IEOs it is very easy to earn + 30-80% in 1-3 months.

Pros
  • This company does not use KYC and does not collect user data.
  • You can top up with dollars or rubles, no commission!
  • The exchange supports a large number of forks
  • There is an opportunity to participate in IEO
Cons
  • There is a very large commission for the withdrawal of bitcoin

Revainrating 5 out of 5

An excellent exchange with a simple and convenient design.

A very good exchange, I like that they have been on the market for 5+ years and still work steadily. Many exchanges in 2015 closed by 2017, when they began to be very actively hacked, but yobit was able to survive this wave and not be hacked even once! The exchange is developing very rapidly, now new tools have begun to appear, such as robotrade. We have already announced margin trading. Very soon Yobit will take a leading position in the ranking.

Pros
  • no KYC. This allows you to increase the level of anonymity when trading.
  • This company has been operating since 2014 and has already earned the trust of users.
  • The RoboTrade tool has recently appeared (analogue of stop loss and take profit)
Cons
  • This exchange lacks cash flow

Revainrating 5 out of 5

An exchange for those who value a high level of anonymity

If it is important for you that all your transactions are anonymous and well protected, then pay your attention to this exchange. The yobit exchange does not require verification, and there are no restrictions on trading without verification (because there is no verification at all on this exchange). I also like that this exchange has been operating since 2015 and in 5 years of operation there has not been a single exchange hack! This is a very cool achievement!

Pros
  • No verification
  • The company has been operating since 2015
  • High level of anonymity and account protection.
  • For 5 years of work, there have been no cases of break-ins
Cons
  • This exchange lacks trading volumes

Revainrating 5 out of 5

I use this exchange to make money on arbitrage between exchanges

On the yobit exchange, there can very often be a higher or lower cryptocurrency rate. With sharp changes in the rate on this exchange, there is no jump, the rate changes more smoothly, so sometimes the difference in the price of bitcoin can be more than 15%! I also like the large number of altcoins and the handy guide to each of the coins, which is linked to the exchange forum

Pros
  • Very profitable exchange rate for bitcoin, ether
  • A large number of altcoins
  • There is a profitable affiliate system
  • Very fast deposit and withdrawal, even if you withdraw a large amount of fiatVery low threshold for participation in IEO
Cons
  • I don't like the style and layout of the exchange; not many trading tools

Revainrating 5 out of 5

You can trade on this exchange without verification

This is a very cool exchange that will definitely not ask you to show your driver's license or passport. The exchange very actively supports its users, promotions are constantly held. For example, recently there was a promotion with the game pony (virtual horse racing). The coin that wins this game is the 5 bitcoin pampila exchange. Since the participants were with a small volume, bitcoins were pumped up to x3 on these coins!

Pros
  • no KYC Very fast withdrawal to the card 0% commission for fiat deposits The exchange works stably, no lags, no freezes A large number of shares from the exchange
Cons
  • a large number of coins for which there is no trading volume

Revainrating 5 out of 5

Cool exchange, I recommend it to everyone

It is a very convenient exchange for trading and investments. Yobit provides a large number of IEOs and forks, which are very common on this exchange. It should be noted that the coins in IEO are not only unknown altcoins, but also bitcoin, USD, ETH and so on. ______________________________________________________________________________________________________________________________________________________________________

Pros
  • Easy and fast withdrawals A very large selection of altcoins, over 8600+ active trading pairs Margin trading coming soon There is a robotrade tool
Cons
  • There is no mobile application, and the mobile version of the site is not adapted for the phone

Revainrating 5 out of 5

Great exchange

I have been using this exchange for trading for a long time. This is a very convenient platform because there are over a thousand altcoins on it. Many coins are very easy to make profitable trades. I don't like the fact that there are dice and pony games on the exchange. I believe that if the exchange was created for trading and investment, then games of this format on the platform have no place! But I like this exchange, so I will give a good grade

Pros
  • A very convenient exchange for trading
Cons
  • Low commissions per trade You can top up in dollars via payeer with 0% commission Does not require verification Convenient and clear design Minuses: This exchange has gambling (DIce and pony)

Revainrating 2 out of 5

YoBit Exchange

Yobit is a crypto exchange which was founded in Russia in 2014. Since the beginning, this exchange is raising a lot of controversies. Founders of this exchange are unknown, and there's been a lot of speculations about it. For those who considering trading on this exchange: Everyone should be aware that this exchange has a shady reputation. You can find a lot of Bitcointalk threads stating that this is a scammy exchange. Newbies should be extra careful: there's a countless number of illiquid…

Pros
  • It's been around for years: Yobit was launched in 2014 and it still operates, despite all the jokes and fraudulent claim investigations
  • Comparably low fees: withdrawal fees for crypto is around $4, with no deposit fees. But fiat withdrawals is a lot more expensive.
Cons
  • Trading volume is too small: 24h volume on many trading pairs is close to zero, in order to execute a limit order you should wait for hours/days/weeks until it will be filled
  • TradingView charts are not available. YoBit has a default trading charts that is very hard to read, and this is a serious turn down. No tradingview charts is a major red flag, which makes it hard for me trade.
  • They've been running pump and dump schemes. Yeah, no comments here, read the review ;)
  • A lot of illiquid worthless tokens with zero volume, which makes it easy for unskilled traders to buy it and probably never have the opportunity sell it. They literally have ScamToken (SCAM) listed, and I don't know what that project is (it's not on CMC, only on Etherscan), but you can assume what it is by the ticker name pretty accurately 😃
  • Misleading token tickers: for instance most crypto traders would believe that the ticker “OMG” is related to OmiseGo project but on YoBit it is OMGame. And there's a lot of these misleading tickers. This could cause a serious confusion for an unskilled traders.

Revainrating 4 out of 5

Yobit a nice exchange !!

Yobit is a pleasant exchange, with many trading options and in several pairs, however, there are some problems that I want to list: Its platform is a little slow, heavy when accessing, there are several projects that are worthless and that add nothing to the trading ecosystem. I see that Yobit has great potential to be among the major exchanges, because in terms of variety and support for currencies and tokens it is already well advanced, of course correcting the fact of filtering more the proj

Pros
  • Support for multiple currencies and tokens
  • until affordable rates
  • its support is very efficient
Cons
  • many worthless projects

Revainrating 5 out of 5

He started his investor journey with this exchange in 2018

In 2018, I studied trading and investing in cryptocurrency. At that time, I decided to choose the Yobit exchange for my start, since it had one of the best telegram chats at that time. I also liked that the exchange has been operating since 2015. At that time, this exchange was on the market for 3 years and this was one of the best guarantees of the exchange's reliability!

Pros
  • It is very easy to navigate the exchange
  • No complicated tools for making money
  • There are dice, pony games
  • Very low threshold for participation in IEO
Cons
  • I liked everything, I still use this exchange

Revainrating 5 out of 5

Great exchange

I have been using this exchange for a long time. I recommend using it for beginners for trading and investing. For people with average experience, the exchange will like its 0% commission for fiat money deposits. I have been using this exchange for replenishment for 8 months now, instead of exchange points.

Pros
  • Exchange with a five-year history!
Cons
  • The exchange has been operating for 5 years. For 5 years of work, there has not been a single case of exchange hacking Now there is no KYC procedure on this exchange Large selection of cryptocurrencies Margin trading coming soon Disadvantages: Game of dice. Playing it is a prerequisite for making profit from IEO.

Revainrating 5 out of 5

I have been using this exchange for 2 years

I have been using this exchange since 2018. I really like the number of altcoins and active trading currency pairs on this exchange. Such a large number of altcoins makes it possible to profitably engage in trading even for a beginner. It should be noted that for a year the support was processing tickets for 1-2 weeks (!), But now this problem is not. A week ago, I checked how fast they work, the answer to the ticket came to me in 20 minutes! This exchange has changed a lot in 2 years for the…

Pros
  • Low transaction fees 0% commission for dollar replenishment from a card or payeer Deposits and withdrawals are very fast A large number of altcoins 8600+ active trading currency pairs
Cons
  • In 2018-2019, the support system worked very poorly. There are no problems with support in 2020.

Revainrating 4 out of 5

Simple platform with low liquidity

YoBit is a simple platform, with a regular interface and a fairly low liquidity. It is not one of the most recommended exchanges but it may be the only option for those who need to trade some small cryptocurrencies. It also has other interesting options that can be useful for those who want to explore what the crypto sphere is. The introduction of ICO markets, cryptocurrency information tables and gambling, make it an ideal site for lovers of the alternative market.

Pros
  • Multilanguage platform.
  • Many deposit options.
  • Possibility of depositing fiat currencies, if you wish.
  • Wide variety of cryptocurrencies and currency pairs.
  • Rewards program for users who trade fairly frequently.
Cons
  • The information available online is unfortunately very limited.
  • There are reports of suspicious exchanges and the exchange itself that are being investigated by the Russian authorities.
  • It offers a dice game that allows you to bet in BTC.
  • It does not offer live chat support.

Revainrating 4 out of 5

Trading made easy with YoBit

YoBit supports over 8,000 trading pairs. YoBit trading platform has an enticing feature for intending users because it doesn’t charge different fees for deposits and withdrawals. There is a flat rate charge of 0.20% for withdrawals and deposits. This is worth mentioning because the average trading fee is 0.25%. For bitcoin withdrawals, YoBit charges 0.0005 BTC It allows the deposit of fiat currencies (traditional currencies) and cryptocurrencies. You just need to monitor how much is…

Pros
  • Platform is simple and easy to use
  • Private trading feature is allowed
  • Supports many currencies
  • It is available worldwide
  • Trading can be done without KYC
  • It supports traditional currencies (fiat)
Cons
  • It is most suitable for more experienced traders
  • Language support is too low
  • Absence of KYC makes platform susceptible to fraud

Revainrating 5 out of 5

Very convenient exchange, I have been using it for 4 months already

Hi everyone! This is a Russian exchange and it has some very strong advantages. Firstly, there is no verification, no matter how much you trade. Secondly, this exchange has a very favorable rate for cryptocurrency from the top 10, including bitcoin and ether. Third, it is one of the most active crypto exchanges. They are constantly forking, IEO, airdrops, introducing unusual events or games. It is not only profitable to be on this exchange, but also very fun! As a minus, I would note the low…

Pros
  • Without verification and KYC
  • There is IEO
  • Constantly support forks of coins, there are more of them here than on other exchanges
  • Cryptocurrencies from the top 10 have very smooth movement, so the price can be very favorable
Cons
  • Most coins have low daily turnover.

Revainrating 5 out of 5

ou will love this exchange if you do arbitrage

I love the yobit exchange because the exchange owners are constantly focused on activity. This exchange has a lot of ways for the community to interact. I advise you to use this exchange for those who make money on the difference in the rates of cryptocurrencies (on different exchanges). On this exchange, bitcoin does not react to rate jumps, as on other exchanges, so the difference in the rate between exchanges can be $ 200-300!

Pros
  • A very large selection of altcoins
  • The bitcoin rate does not react to sharp jumps in value, as on other exchanges.
  • Very fast withdrawal, except for days when the network is busy
  • You can work without going through verification
  • This company opened in 2015 and managed to earn trust.
Cons
  • I have been trading here not so long ago, so now I do not see any significant disadvantages

I have been using this exchange since 2018. It is a pity that I did not know about this exchange in 2015! At that time, it was one of the best and most comfortable exchanges, with a large number of altcoins Now this exchange pleases its community with a large number of IEOs, forks and promotional events. Not so long ago, the exchange ran the Pony game, in which the coin that won the race was pumped by the exchange for 5 bitcoins. I managed to make very good money on this!

Pros
  • All payments go through very quickly
  • You can top up from a card or through payeer with 0% commission
  • Over 1No KYC200 coins
Cons
  • There are a lot of coins and the exchange does not have time to support all of them