Home Bitcoin News YoBit Exchange Review: Is YoBit Legit, Safe, ... Placing buy and sell orders on YoBit is straightforward. Launching a trade on YoBit. From your dashboard, simply input the amount of the cryptocurrency you’d like to buy/sell (or the total amount you’d like to receive for it) and the price. From there, YoBit automatically updates the other relevant fields. Trading on YoBit ... 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). Let’s say you have reached your investment goals and you are looking to buy house with bitcoin. In order to buy that house, you need to withdraw the funds. And when doing so, the exchange can make up for its low trading fees by charging you high withdrawal fees when you’re halfway out the door. Not this exchange. YoBit charges you 0.0005 BTC when you withdraw BTC. From a local (Russian ... Yobit Review Conclusion: At the end of the day, knowing that this website offers fair trade would still be up to you. With all the forums in the world talking about how good a website is or how they steal people’s money, if you look right through them, one thing is clear -it all depends on the person that is trading. PROS: User-friendly Interface 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 anonymity.. Anonymity, it seems, is a core tenet of the YoBit organization, as there ... Yobit allows fiat payments, which is a very useful service when the platform is workin as advertised. Most other cryptocurrency exchanges require users to first buy Bitcoin or Ethereum somewhere else, before they’ll be able to trade for other currencies on the exchange site. Being able to buy in with fiat is great, but if those funds then get ... Disclaimer: The content on CoinCentral is investment advice nor is it a replacement for advice from a certified financial planner. The creation of the above article is a sponsored post that meets our editorial guidelines for objective review. The post YoBit Exchange Review: Is YoBit Legit, Safe, and Worth Your Time? appeared first on CoinCentral.
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