Does anyone know anything about YoBit? The exchange? - page 3.

jossiel

hero member

Activity: 2842

Merit: 625

Quote from: SeeBiscuit on December 01, 2022, 10:01:23 AM

I already see their stupid high APYs

They've made a lot of their own native tokens and they'll just repeat it when they're done with it. Those tremendous APY that they're giving, look at how much it got with its order book.

Most likely, you'll see nothing to its buying order and those that have been selling it like waiting for it to be taken care of. But the thing is, no one wants to take care of it.

ThemePen

hero member

Activity: 728

Merit: 660

I stand with Palestine.

This is the exchange which have many shit coins and tokens whenever a coin or token get hype and touch ATH so it always make a fake coin or token with the same name.

And it introduces many new things or project to grab money. Many tokens it introduced which has now zero value.

You are talking the native token of its own. So it is only listed on yobit.

And one more thing is that their website is not mobile friendly.

SeeBiscuit

full member

Activity: 196

Merit: 107

@Bitstar_coin

Ooo not off to a good start!

Really good to know, I already see their stupid high APYs but I also wonder how they’ve managed to keep up the shenanigans for years.

Thanks.

Bitstar_coin

hero member

Activity: 2408

Merit: 693

SOL.BIOKRIPT.COM

Yobit is an old exchange with several bad reviews from users, a little search here in the forum or through google will give you the exact picture.
They are surviving because they know how to play their game perhaps, but that does not take away the fact they are shady and mostly favor artificially pumping coins and wrecking naive investors.
If your intention is to use it, I would say look for other exchanges that are far better, however, the choice is yours. There is a reason why most crypto investors don't use it.

SeeBiscuit

full member

Activity: 196

Merit: 107

They seem to be a survivor in the industry.

Apparently they’ve never been hacked?

Native token sits at 500 with the ATH being 3000.

Anyone in the community know more about YoBit? Has anyone done any due diligence on them? Are they trustworthy?

Topic: Does anyone know anything about YoBit? The exchange? - page 3. (Read 318 times)