Yobit Exchange is neither new nor old. But this is getting one of favourite exchange now a days for new alt coin investors. Yobit.net provides alt coin experience to everyone as many new alt coins are getting listed on it. And obviously it is with love from Russia to everyone.
Yobit.net is a cryptocurrency exchange platform that unites major market players. Yobit.net always supports cooperation with the most popular world cryptocurrencies and provides the possibility to gain profit at electronic money exchange transactions.
Yobit.net is a trading platform for a wide range of cryptocurrencies similar to Bitcoin. Account at Yobit.net website is completely legal and cryptocurrency trade is allowed by legislation of nearly all the countries worldwide.
Even after this blog if you find it difficult to operate on this platform, do seek help at our social channel of Altdecrypt: telegram and Whatsapp groups.
At the present moment Yobit.net does not cooperate with the given deposit methods. All the transactions conducted at our website are irreversible that is why use of reversible deposit methods could result in misapplication cases. In future we are planning to add the following funds deposit methods: US\EU Bank Wire, Visa, Mastercard, Webmoney.
Major quantity of responses comes to users within an hour, but sometimes it takes up to 24 hours to send the response. We are working at improvement of Support Team performance.
Any deposit or withdrawal transactions starts just as the user’s application is created. However any funds transfer and changes can take up to 24 hours. Sometimes delays in 1-2 days are possible. The reason lies in special characteristics of transaction conduct in cryptocurrency networks. Please take it into account while fulfilling deposit and withdrawal transactions.
While fulfilling cryptocurrency wallet withdrawal transactions Yobit.net does not coordinate anything with governmental bodies.
Yobit.net fulfils exchange transactions and charges a commission from each transaction. Commission amount depends upon the currency type however does not exceed 0.2% of the transaction amount as a rule.
Let us see some details about Yobit Exchange now.
Registration & Verification
Registration and verification is simple and takes less than 10 minutes to begin with trading.
Multi Trade Format
They have 6 different trade formats with BTC, ETH, DOGE, WAVES, USD and RUR.
2 Factor security authentication is available for extra security to accounts.
Many new alt coins are available now.
Fees is different from coin to coin. It will not exceed 0.2% even at highest level.
They have a good timely reply to customers query. Normally within 2 hrs they claim and in rush times it can take 24 hrs.
Bounty and Bonus
They have reward system for regular traders and it pays them well.
They do not have mobile app, but you can trade via mobile browsers. Panel might look somewhat clumsy but with practice you can use it well.
Ease of D / W
Deposits and withdrawals takes normal time of blockchain confirmations.
They are not very much social. But they update things on twitter time to time.
Overall report says that Yobit.net exchange is good to start crypto trading.
Disclaimer: We are not responsible for anything related to Yobit Exchange and your interpretation of this article.
Registration & Verification10.0 /10
Multi Trade Format9.0 /10
Security Measures9.0 /10
AltCoins Availability7.0 /10
Transaction Fees8.0 /10
Support System8.0 /10
Reward System8.0 /10
Mobile App4.0 /10
Ease of D / W9.0 /10
Social Presence6.0 /10
- Many new alt coins
- Low fees structure
- Bonus for regular traders
- Growing rapidly
- 6 Trade formats
- Missing famous alt coins
- Less famous among new comers