YoBit Review

 

YOBIT REVIEW AT A GLANCE

■ TYPE: BITCOIN/ALTCOINS EXCHANGE

■ HEADQUARTERS: RUSSIA

■ ONLINE SINCE: 2015

■ CUSTOMER SERVICE: EMAIL (TICKETING SYSTEM)

■ LANGUAGES: ENGLISH | RUSSIAN | CHINESE

 

INTRODUCTION TO THE YOBIT EXCHANGE

YoBit is a Bitcoin Exchange based in Russia.

■ SUPPORTED COUNTRIES: Nearly all the countries worldwide

■ FIAT CURRENCIES: The only accepted FIAT currency is the US Dollar

► Visit the YoBit Bitcoin Exchange

 

YOBIT FUND METHODS AND FEES

It takes about 5 minutes to open a new account with YoBit. You can deposit USD into your YoBit account and then buy some bitcoins. After you have purchased some Bitcoins, you can exchange BTC for any cryptocurrency.

-The minimum transaction is 0.0001 in all currencies

The exchange supports the following fund methods:

□ BITCOIN/ALTCOINS

□ PAYEER

□ ADVCASH

□ VISA/MASTERCARD (QIWI WALLET)

□ YANDEX.MONEY 

□ CAPITALIST

□ PERFECTMONEY

-The cheapest methods for depositing funds are OKPAY, Capitalist, and PerfectMoney

 

YOBIT TRADING FEES

□ 0.20% on every market trade 

 

YOBIT CRYPTO ASSET INDEX

□ BITCOIN (BTC)

□ BITCOIN CASH (BCH)

□ ETHEREUM (ETH)

□ RIPPLE (XPR)

□ LITECOIN (LTC)

□ DASH (DASH)

□ In total, 478 Different Cryptocurrencies

 

YOBIT PLATFORM AND TECHNOLOGY

The YoBit platform is easy to use and offers a stand-alone trading page without the need for scrolling.

• Available languages include English, Russian, and Chinese
• Two-factor authentication (email and Google Authenticator)
• SSL Encryption
• Anti-DDoS attack module

► Visit YoBit Bitcoin Exchange

 

POSITIVES OF YOBIT REVIEW

(√) User-friendly interface

(√) 478 Different Cryptocurrencies

(√) 5 minutes to open a new account

(√) 2FA (Email, Google Authenticator) plus ‘Freeze withdrawals’ feature for extra security

(√) Free Coins

NEGATIVES OF YOBIT REVIEW

(x) High funding fees and doesn't support Paypal, Skrill, or Neteller

(x) Delays in withdrawals

(x) It is not regulated by a reliable authority

 

YOBIT REVIEW CONCLUSIONS

YoBit is a Russian-based Bitcoin exchange offering an easy-to-use trading interface and a wide variety of cryptocurrencies. The YoBit exchange supports 3 languages and several fund methods.

 

 

■ YoBit Review

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