Yobit Review 2021

I have been trading on the YoBit exchange for over five years. It is one of the most stable crypto exchanges that’s focused on pure trading. The investment programs here are very peculiar, but I have never used them, I cannot say anything about that. As for trading, I have my opinion: it is high quality. The trading terminal is standard; there are balances, markets, orders, transaction histories, etc. There are also up-to-the-minute charts. There are several hundred pairs, including fiat ones. I trade Bitcoin and Litecoin, but all the other major cryptocurrencies are present here.

Over the years of working with this crypto exchange, I have never had the situation when I needed to contact technical support. The process of depositing/withdrawing funds is fast, and the commissions are fair. Although, as usual, the larger the trading volume, the more profitable it is. This is the situation with all exchanges. Separately, I would like to say a few words on the general chat, which is displayed on the main screen. In my opinion, it is the most convenient option for traders to interact with each other. Moreover, they have separate chats for each of the five supported languages into which the site has been translated.

I came to this crypto exchange six months ago and I am not planning to look for a new one at the moment. Several of my friends were very surprised that the YoBit exchange does not have tutorials. This is indeed the case. But, in my opinion, the crypto exchange should not teach anyone anything. It should provide a convenient trading terminal, a sufficient number of instruments, large trading volumes, and advantageous commissions. YoBit has all this. Therefore, I can safely recommend the service to beginners. Everything you need is there, and the interface is as simple as possible. Even verification is not needed.

Of the additional advantages, I can note the exchange’s own coin, which you can receive for free every day if you just trade. The coin can be used in investment programs with daily payments. You can invest in other cryptocurrencies, and you can also withdraw from the program at any time. On average, payments are 1%, but some are up to 7-12%. The conditions are excellent, especially considering the complete absence of risk. In this way, I invest in YoDefi and BTC regularly.

I recommend YoBit exchange to both beginners and experienced traders. My personal experience with the platform is two years. During this time, I had no issues, and I did not contact technical support—I do not even know how to do it. The trading terminal is quite standard, you do buying/selling in one click. Their drawback is the absence of mobile trading because many people find it more convenient to trade from smartphones so as not to be tied to a PC all day. Investment programs are interesting, for some you need to fulfill certain conditions for trading. The referral is typical, I have 12 active partners, the payments are stable.

The terminal works well, and I have not noticed any problems. It is very nice. There are pairs with fiat. They have only the dollar and the ruble, but that is enough. In any case, crypto-to-crypto pairs are most often traded. Yobit’s commissions are similar to those of its competitors. Conveniently, the commission is fixed for all trading operations. There is a withdrawal fee only for some channels. For example, if you use VISA or Mastercard plastic cards, there are no commissions at all. As a result, we get a modern service with convenient trading conditions.