Yobit Review 2026
Learn more about TU’s methodology
- 0.0005 BTC
- Proprietary platform
- Only USD and RUB among fiats are allowed
- there are many investment plans
- a flat commission on all trade transactions of 0.2%
- and there is virtual mining
Our Evaluation of Yobit
Learn more about TU’s methodology
Yobit is a reliable cryptocurrency exchange with the TU Overall Score of 7.68 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Yobit clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews showed that the broker’s clients are mostly satisfied with the company.
YoBit, a cryptocurrency exchange founded in 2014, offers spot trading with hundreds of pairs. It supports P2P services and card payments. Features include InvestBox for passive income, the YoFarm yield platform, the YoDice game, and the RoboTrade tool for auto-trading. API access and a built-in user chat are also available. Trading fees are fixed at 0.2%. Verification is not required.
How we tested Yobit
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Yobit
The Yobit exchange is a universal cryptocurrency trading platform. The service has a proprietary trading terminal (browser version only, no mobile trading). Bitcoin, Litecoin, Tether, and many other cryptocurrencies are traded on this exchange. Among fiats, there are the US dollar and the Russian ruble. The company has its own tokenized coin called the YoDefi, which can be used in investment programs. There is also a virtual mining service with daily payments. The YoBit exchange offers a standard investment program with affiliate bonuses of up to 20%. The trading commission on the crypto exchange is fixed at 0.2% of the transaction amount. They employ all major channels for depositing/withdrawing funds, including bank cards and e-wallets. You can trade on the platform without verifying user data.
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US :
- large selection of cryptocurrencies, there are pairs with fiat;
- simple and convenient interface of the trading terminal;
- their service coin, which can be obtained for free;
- well-thought-out investment system;
- profitable affiliate program;
- single commission for all trading operations;
- trading without KYC, which provides complete anonymity.
- there is no mobile trading;
- only USD and RUB among fiats;
- there are no training programs and guides.
TU Expert Verdict
Chief Analytics Officer
Yobit is a cryptocurrency exchange founded in 2014 that provides access to trading 196 cryptocurrencies, with support for spot trading, investment programs such as staking and yield farming, and fiat pairs in USD and RUB. The platform operates through a proprietary web-based terminal, offers additional features like InvestBox and virtual mining, and charges a flat 0.2% commission on all trades. Users benefit from the ability to trade without mandatory verification, and funds can be deposited or withdrawn via a range of methods, including bank cards, crypto wallets, and electronic payment systems.
However, a notable drawback is that Yobit is not regulated by any government authority, meaning users do not receive the added oversight and protection found with regulated exchanges. Additional disadvantages include the lack of a mobile trading app, only basic fiat support in USD and RUB, and no educational resources or guides for beginners. Yobit may not be suitable for traders seeking a highly regulated environment or those who need advanced learning tools, but it can appeal to users prioritizing anonymity, diverse crypto offerings, and straightforward trading conditions.
- You seek a large selection of cryptocurrencies, as this exchange offers a diverse range of cryptocurrencies for trading, providing you with ample options to explore and diversify your portfolio.
- You appreciate a simple and convenient interface, as their trading terminal's interface is designed to be user-friendly and straightforward, making it easy for traders of all experience levels to navigate and execute trades efficiently.
- You value rewards and incentives. Their service coin, which can be obtained for free, offers additional benefits or rewards, enhancing the overall trading experience and potentially providing added value to users.
- You prefer to trade on-the-go or need access to the markets from your mobile device. The absence of mobile trading functionality for this broker may turn out to be a limitation for you.
- You're a beginner or looking to enhance your trading skills through educational resources. The lack of training programs and guides on this exchange can be a drawback.
Yobit Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Proprietary platform |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, RUB, USD |
| 💵 Deposit / Withdrawal: | Bank cards and accounts, electronic and cryptocurrency wallets |
| 🚀 Minimum deposit: | 0.0005 BTC |
| ⚖️ Leverage: | No |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | from 0 |
| 💱 Commission: | Spot: 0.2%-0.2% |
| 🔧 Instruments: | 196 supported coins, Fiat, NFT. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | No |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | N/A |
| ⭐ Trading features: | Only USD and RUB among fiats are allowed; there are many investment plans; a flat commission on all trade transactions of 0.2%; and there is virtual mining |
| 🎁 Contests and bonuses: | N/A |
There is no requirement to deposit funds in Bitcoins, it can be done in fiat currency too. However, the minimum deposit must be no less than that indicated in the rules of the exchange when converted to BTC at the current rate. You can store funds on your wallet in any of the presented cryptocurrencies, as well as in the US dollar and the Russian ruble. There is no leverage for trading. Technical support can only be contacted through the ticket system. You go to the appropriate section and create a request, which the specialists will answer as soon as possible. There are no other methods of communication with the exchange administration.
Yobit Key Parameters Evaluation
Video Review of Yobit
Regulation and Safety
With a 5.25/10 score, Yobit demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- No successful hacks history
- Investor protection fund
- Cold wallet storage
- 2FA
- Not government-regulated
- Not tier-1 regulated
- Not U.S regulated
Yobit Security Factors
We also compared Yobit against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Yobit | Kraken | Coinbase | |
| Tier-1 regulation | No | Yes | Yes |
| Government-regulated | No | Yes | Yes |
| Investor protection fund | Yes | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | Yes |
Is Yobit a regulated crypto exchange?
Yobit is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean Yobit is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.
Is verification (KYC) mandatory at Yobit?
KYC verification is not mandatory for opening an account and trading at Yobit. However, unverified accounts have certain limitations, such as lower withdrawal limits and restricted access to certain features.
Is Yobit available in the USA?
Yobit is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, Coinbase, OKX .
Yobit commissions and fees
Yobit received a 5.75/10 score for its trading fees. While Yobit is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- No deposit fee
- Spot fee above industry average
What are Yobit trading fees?
We analyzed Yobit’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Yobit trading fees vs competitors
| Yobit | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0.2 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.2 | 0.22 | 0.2 | 0.194 |
What are Yobit deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0.0005 BTC |
Does Yobit offer P2P trading?
No, Yobit does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and Withdrawal
Yobit received a 9/10 rating for its deposit and withdrawal services. Yobit supports a wide range of payment methods with low or no fees, ensuring fast and convenient transactions.
- No deposit fees
- Google Pay supported
- Bank cards accepted for instant deposits
- Many cryptocurrencies for deposits and withdrawals
- No P2P transfer option
- Withdrawal fee applies
Deposit and withdrawal options
Yobit supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto, PayPal, Advcash Wallet, Google Pay, Apple Pay.
Yobit Deposit and withdrawal options vs competitors
| Yobit | Kraken | Coinbase | |
| Bank transfers | Yes | Yes | Yes |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | Yes | Yes | Yes |
What is Yobit minimum deposit?
The minimum deposit at Yobit is 30 USD/USDT or 5 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Yobit minimum deposit vs competitors
| Yobit | Kraken | Coinbase | |
| Minimum deposit, USD or USDT | 30 | 10 | 10 |
| Minimum deposit, BTC | 5 | 1 | 1 |
| Minimum trade amount, USD/USDT | 1 | 1 | 2 |
Does Yobit support fiat money?
Yobit supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Yobit received a score of 5.5/10 in this category, reflecting a solid selection of tradable assets and markets. Yobit supports 196 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.
- Fiat currencies supported
- NFTs available
- Yield farming available
- Crypto futures not available
- Crypto options not available
Yobit supported coins and markets vs competitors
We compared Yobit with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Yobit | Kraken | Coinbase | |
| Supported coins | 196 | 278 | 249 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | No |
| NFTs | Yes | Yes | Yes |
Yobit passive income options vs competitors
We also compared Yobit with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Contacts
| Foundation date | 2014 |
|---|---|
| Registration address | Panama City, Panama, Panama |
| Official site | yobit.net |
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