About Yobit.net
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19.8 Questionable. Controversial. Flagged.The rank is based on a 1-100 scale, with 100 being the most reputable.
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YoBit's customer support is available around the clock through a telegram group, email, and built-in chat. In the case of a technical question, the support staff will respond within 24 hours. If you do not see an answer within that time frame, you can launch a support ticket. You will be able to track the status of your support request through the Personal Messages page.
Once you've registered, you can access the platform's dashboard. From here, you'll see your account balances, including the timeframe and currency pairs. You can also enter buy and sell orders in the Trade page. You can also chat with other users in the chatroom to get their perspective on a particular pairing.
YoBit provides a secure environment. Your funds are stored in cold crypto wallets, and YoBit implements DDOS attack prevention and SSL encryption. Additionally, it implements real-time encrypted data backups and system file encryption. Deposit codes are also provided to ensure that your transactions are secure. When signing up, you should activate authentication. Then, every time you log in, you'll receive a verification message. Lastly, you should use a unique password and change it frequently.
YoBit's Market section features a wealth of crypto coins and offers a user-friendly interface. With 8,756 active coin pairings, YoBit provides coverage of both the biggest names in the crypto market and the latest ones. It also provides easy coin registration for developers. Once approved, coins can be listed for a fee of 2.79 BTC. The entire process can take one to seven days.
Another good feature of YoBit is its low trading fees. YoBit's fee structure is very low, with only 0.3% of the transaction fee going to the native Yo token. Additionally, YoBit offers private trading with no KYC checks. The platform also offers a bonus program for frequent traders. Although YoBit does not offer live chat or phone support, its interface is simple and intuitive. The only downside of YoBit is its lack of transparency. A number of negative comments have been posted regarding the site, which is concerning.
Once you have an account, you can deposit or withdraw your cryptocurrency. Deposits can be made with a debit or credit card, and withdrawals can be made through Payeer, Perfect Money, or AdvCash. In addition to crypto, YoBit accepts fiat money. Whether you use Bitcoin or Fiat Money, you can make deposits and withdrawals with YoBit's easy-to-use platform.
YoBit does not charge any withdrawal or deposit fees. To deposit or withdraw, you must first register on the YoBit website. Registration requires you to give your email address and username, and you should create a strong password. You'll need to accept the terms and conditions of YoBit's terms and conditions. The site also asks that you confirm that you are not a robot. It is not recommended to save your password in your Google Account, as it could be used by others to gain access to your account.
YoBit is a cryptocurrency exchange registered in Panama. It supports eight thousand and three hundred and seventy-eight cryptocurrency trading pairs. This is a big number for an exchange. Although YoBit does not explicitly restrict US investors, some people might prefer a more regulated environment. If you have questions, you can contact the YoBit staff via a ticket or email.
YoBit was founded in 2014 by a group of European developers. The company is now based in Panama. It does not require Know-Your-Customer verification and provides a range of cryptocurrency pairs for trading. It also boasts a large community on Telegram, which is a great way to contact support staff. YoBit supports several languages, including English, Russian, Chinese, German, Arabic, and more.
YoBit has an easy-to-use interface and an extensive selection of altcoins. The exchange is accessible to both newcomers and experienced traders alike. The platform also has a section for wallets. It also allows users to check their pending deposits. The platform performs well compared to most other crypto exchanges. YoBit also offers a variety of games, low fees, and a highly engaged community.
YoBit accepts crypto and fiat payments. It also offers support for BEP and ERC-20 tokens. The fees for buying and selling cryptocurrencies are typically 0.2% or less and are automatically calculated when placing a trade.
"DO NOT USE YOBIT!!"
Do not use Yobit. They easily accept deposit but when it comes time for you to take your coin out of their platform it becomes a problem. Luckily, I recently managed to get my coin back thanks to aramezglobal.com, a company that helps track fraud and recover lost funds and crypto.