There is no doubt that a very large number of people report YoBit as scam crypto exchange for reasons they lost money even though they have protected their account even with 2FA. At first glance it looks like someone inside of YoBit is doing bad things, or there are major security flaws in their system which someone systematically exploits.
YoBit is also using few domains : yobit.net, yobit.io, yobitex.net and they also warn users if you have e-mail verification on that. I also do not doubt that number of YoBit phishing sites can be measured in dozens, but also some become victim of fake YoBit trading bots and various browser extensions.
When we add to all of the above the almost non-existence of user support, we get crypto exchange which operates under the Wild West system, or in this case Wild East. No KYC and huge number of altcoins is something which is still attracting users to try their luck there.
YoBit is also using few domains : yobit.net, yobit.io, yobitex.net and they also warn users if you have e-mail verification on that. I also do not doubt that number of YoBit phishing sites can be measured in dozens, but also some become victim of fake YoBit trading bots and various browser extensions.
When we add to all of the above the almost non-existence of user support, we get crypto exchange which operates under the Wild West system, or in this case Wild East. No KYC and huge number of altcoins is something which is still attracting users to try their luck there.
To be honest; when BUB went on maintenance; I did a fire sale, liquidated everything and did withdraws. I now have nothing on their exchange. They always paid me in BTC for my sig campaign however; and I have always been extremely cautious from what machines I log in from, and having 2FA, etc enabled... Just withdraw when the balance reaches ~.05-.1
Now; to be fair; I was paid for their signature campaign; for the last..... long ass time up until a bit ago when I did the fire-sale... IDK... but; The only thing I log in for now; is to claim the free .01ETC every 24 hours; and every week ship it off to a wallet. Its a mere pence; but substantial enough to make the effort. I suggest anyone that can should create a dummy account and do the same. Get what you can.
There have been wild claims here and there that it is being shut down; was shut down; or its owner captured/arrested... but there is nothing in the official realm that substantiates any of those claims. I have no clue who runs YoBit.... If I did; I would share.
