The cryptocurrency platform YoBit started its operations in 2014, during a period of active interest in cryptocurrencies. As of today, more than 5 million traders are registered on the yobit.io platform. In this article, we will examine the key aspects of this company’s operations, trading conditions, and provide an overview of real customer reviews.
History and Development
The cryptocurrency exchange YoBit launched its operations in 2014, and fully started functioning in 2015. Since 2017, the company has expanded its functionality by adding a platform for conducting ICOs. Despite certain scandalous moments in the company’s history and the lack of public information about its registration, YoBit continues to develop and improve conditions for traders.
Registration on the Platform
To start working with the exchange, you need to register an account on yobit.net. The registration process includes providing an email address, creating a login and password, as well as undergoing identity verification depending on the amount of funds you plan to operate with.
Deposit and Withdrawal of Funds
Users can replenish their wallets on the exchange through various payment systems such as QIWI, Perfect Money, Payeer, and others. Withdrawal of funds is also available through various channels, including cryptocurrency wallets and payment systems.
Security
The cryptocurrency exchange YoBit provides its customers with additional security measures, such as two-factor authentication, protection against DDoS attacks, captcha, and other technologies. The company also offers continuous technical support to address any possible issues.
Trading Conditions
The YoBit platform offers a wide selection of trading pairs, working with both cryptocurrencies and fiat money. The exchange commission is 0.2% per transaction, and a referral program is also provided to attract new users.
Customer Reviews
In real user reviews, dissatisfaction related to fund withdrawals and deposits, as well as certain technical issues, is often mentioned. However, positive comments about the exchange’s operations and services can also be found.
Advantages and Disadvantages
Among the advantages of the YoBit cryptocurrency exchange are a wide selection of trading pairs, support for fiat money, and a user-friendly interface. However, it is important to consider the lack of a license, high commission fees, and customer reviews pointing out certain issues.
We hope that this guide will help you navigate the services and opportunities of the YoBit cryptocurrency exchange. If you have any additional questions, please contact customer support.
