Yobit Review: Is It Legit & Safe In 2020? Yobit is a popular cryptocurrency trading exchange that has been a platform of choice for several years. The exchange is well known for offering an extensive list of cryptocurrencies to trade from including low cap altcoins to the bigger and more common assets such as Bitcoin, Ethereum and XRP. YoBit Exchange Review: Is YoBit Legit, Safe, and Worth Your Time? Alex Moskov. A steady presence in the cryptocurrency space since 2014, YoBit is one of a small set of exchanges that don’t require you to enter personal information to trade. YoBit has a very user-friendly interface; virtually anyone can set up an account and start trading in under five minutes all while keeping their ... YoBit Review: Key Features. YoBit is a popular cryptocurrency exchange that supports lots of cryptocurrencies, payment methods, and features. According to the most popular coin index site, CoinMarketCap.com, YoBit is one of the top ten exchanges in terms of traffic, liquidity, and trading volume.While it does not support complex trading functions like trading with leverage, it does come with ... About YoBit YoBit is a crypto exchange currently registered in Panama and founded by the group of crypto enthusiasts and developers from Europe in 2014, is offering trading in over 1,400 cryptocurrencies and over 6,000 trading pairs. Among the most popular cryptocurrencies offered on YoBit are Bi... Home Bitcoin News YoBit Exchange Review: Is YoBit Legit, Safe, ... a Google search yields a wide array of positive and negative reviews– which is natural for most any product or service. YoBit, however, seems to be hit particularly hard by negative reviews, many of which appear to be fraudulent bot comments. For example, one of the negative reviewers on TrustPilot has left the same exact ... Proof that yobit is a scam. I can prove Yobit is a scam. I recently started buying a certain altcoin on Yobit.net. I noticed that the prices/stats did not match with the live prices on other platforms for this coin, and that the only time there was a price spike was when I couldn't sell (seems to only update every 12 hrs, sometimes days, although the graph shows by the hour). Launched in 2014, YoBit offers access to bitcoin as well as to hundreds of other altcoins and charges trading fees of 0.2% or less per transaction. However, because it’s an unregulated platform it’s important to be aware of the risks before deciding whether to trade on YoBit.
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