Topic: Yobit exchange (Read 516 times)

YoBit is a bad exchange. They will certainly try to appropriate your funds in case of your mistake. For example, you can read about it here https://bitcointalksearch.org/topic/yobit-stole-10-eth-from-me-a-conversation-with-dominik-herzog-chat-log-4868465

I stop using YoBit after they scam me with their Liza project, and moreover ther are tons of issue I need to face with YoBit, my deposit is delayed several time and I need to contact their support which need more than 1 day to solve this problem. And lately their customer support is getting worse. Some people said that they have good experience with YoBit but it does not happen to me.

Yobit is not the best exchange, they have many accusations of dishonest treatment of customers. The only advantage is that they have many tokens that are missing on other exchanges.

Just read all of the posts made on this thread and you'll understand why bad reviews are coming to this exchange. You may have that excellent experience to them but it's just you or few people that has been okay with their service. Some support tickets aren't even responded or if they will receive a response the support guy is too rude enough to answer queries. You can't blame those people that gives bad review to yobit because they experienced it and it's not just coming from a single person.

Yobit is worst exchange considering numerous open accusations against them and they are number one shitcoin exchange. Problem is somehow traders want to take advantage of coins listed on yobit and they simply don't care where money was transferred to their balance. Last place for experienced traders to trade on Yobit except for situations like there are no other alternative exchanges for trading specific crypto pair.

Most people there deal with utter shitcoins, which significantly increases the probability of you running into a problem there. Considering that Yobit has a whole selection of shitcoins other exchanges don't have with how Yobit allows any coin to be listed as long as they pay the base fee, it's not a surprise that they are one of the most problematic exchanges in the space.

But I do agree with the fact that traders should be blamed here, because they are the ones buying themselves into shitcoins on an already shitty exchange.

Because not everyone had the same experience as you. Well if anything, those great amount of negative reviews wouldn't exist out of thin air, it definitely says something.

And uhh If we're talking about faults, it's gonna depend on the problem itself, you can't just mark all of them with YobitDidNothingWrong, but looking at how the platform is run, there's one conclusion on my mind, that most are on them.

Hmm .. Good exchange, I have been trading for 2 years, there were problems with crediting funds and blocking my account, I wrote to the support service and within a week my question was resolved. I do not understand why there are so many bad reviews about this exchange? I think the traders themselves are to blame for their problems.

the fee isn't a problem , all exchanges fees are now in 0.001-0.002 btc range


regarding OP , we all here know how yobit is bad when it comes to coins that have low volume so what you should do is avoid dealing with such coins and use yobit only to trade the major coins cause yobit most likely will stay the same unless a miracle happened

personally I had no problems at all with yobit , but I only trade the main coins there
hopefully it won't screw me in the future , cause at the moment yobit is my main exchange that's due poloniex blocking my country and bittrex's recent disabling accounts drama

I was in YoBit signature campaign before and I promote my ref link in signature so I get some referrals.I just check my account and there is over 200k satoshi so I try to withdraw and fee is 150k satoshi.Before fee is only 20k,but this is too much/I am not see any option to set manual fee.

When try to send support ticket I get message that my nick is not correct,even it is 100% correct.YoBit always have some problems,it seems that now is no different.

Yobit is love Yobit is live.

People are blind for the dangers/risks that are tied to making use of such an incompetent service. It's always noobs that sign up there and look to buy themselves into whatever shitcoin, or to unload their through bounties earned/farmed shitcoins. Yobit is far too busy looking to list more shitcoins for the 0.1BTC fee, than worrying about their existing customers when it comes to making sure that everything works properly with previously listed coins. It has been going on for quite some time now, and yet people don't come to the conclusion that this exchange is only out to earn through listing coins. At the end of the day, their volumes are insanely low, and the coins that do generate a decent bit of volume, come from bots that are very likely connected to Yobit itself. In other words, listing coins is almost the only way they generate revenue - says enough.

Lol. Are you blind what's happening on here especially regarding to yobit exchange that you have the guts to ask a question like that?

Most people complaining about this exchange regarding the wallet , replying support tickets and long maintenance for some tokens.

So don't ask such questions because as what you mentioned you only get the coins from their signature campaigns not from actual trading.

And to OP, people here can't help about that unless you make a scam accusation thread (which is possible) or try to message this person https://bitcointalksearch.org/user/yobit-406594 he's the person/admin of yobit.

Have you read the thread? Sometimes Yobit has people's coins stuck because they ask for a wallet update and don't answer after receiving one. I can't get a link now but this last week I saw a post from a Brazillian saying that Yobit has more than ~30BTC worth of MTX from their users stuck, and haven't answer the dev when he send the wallet update.

They also have a pretty non-existent support. Just because you can get your coins out, doesn't mean that everybody else can.

I don't know what you are talking about! I use YoBit for years and I'm ok with their work. I earn not so much and cash out my campaign payments weekly and YoBit gives me an opportunity to withdraw money without fees. What else can be better than that?!

Yobit is having an awful  hard time updating wallets, as im sure most of you know by now, However for those of you who didnt yet, don't ever go there or if u have to atleast check walletstatus before you do anything at all,

" Deposit\Withdrawal coin will be available after you upgrade the source code of the wallet. Unfortunately the developers are in no hurry to send you updates
- therefore, in order to avoid the loss of users, the network is not available.
If you have updated the source code of the coin, send us (https://yobit.net/en/maintenance_request/ Free)and we will promptly correct the problem on the coin.
Thank you for contacted the support.
Say thanks"

i requested devs on RISE and they have now warned everybody not to go on yobit in slack , posting this :

WARNING - YOBIT are not responding to our requests to update Wallet - do not use YOBIT Exchange

offcourse i tryed again on yobit they were able to give another reply atleast :

"trade is active.
trade.


RISE wallet  is on maintenance.
The solution to this cryptocurrency will take some time, need to update the wallet.
We apologize for any inconvenience
**Please check wallet status before deposit or withdrawal"


 See so even Yobit warns us, to not do anything without checking walletstatus on theyre site, and its quite easy, if its not ETH/ BTC or something that just was released on site , its on maintenance