Topic: Yobit fake trade history (Read 483 times)

Not only with higher security but rather be more worth to deal on in terms of service given and the transparency and the smoothness of transactions that we would do.

Yobit doesnt have a good reputation on this forum and majority knows it to those who are aware but for new users then they should really be avoiding this exchange

if they dont like to experience some possible problems which might neither be get resolved or not knowing Yobit doesnt really answer out queries or complaints
into its users.

Nevertheless, I have also experienced this on Bithumb Global bit immediately it was corrected so I suggested it's minor technical issues that may arise at that time. So don't see it as spamming or scamming.

If you are active enough on the scam accusation board then you will often find several cases of some users experiencing losses due to using Yobit exchange. Also, if you are active on the beginner and helf board then you will find yobit is an exchange that you have to stay away to using it. This has pointed out that yobit is not recommeneded to be used as our platform to store our money unless we are willing to lose our money. I recommend you to only use a good exchange like binance, okek or even coinbase as a platform to trade or to invest your money.

Indeed, all exchanges do not immediately record a balanced trading history. For example, every time someone buy 1 ETH, then in the sell history 1 ETH is also sold. Because every time there is a sell history, of course there is a history buy. This is just logic. But the system is not the case. We don't really understand this. I also think what you think.

That's just the nature of people and human. Scams spread all the time in real life in every sector. The Nigerian email scam still goes on alive and well today and I can still see in 2021 in the news people in my country fall for it.

Same as ponzi and get rich quick schemes, same as MLMs. Always people find new spins and new victims. Crypto and exchanges are not different like this:)

They have a long history of doing the maintenance shit on there customer wallet for unknown reason to hold the user balance and hostage it on there exchange. Most there trading volume is fake and they are just using it to attract user to use the exchange. They are adding fake coin too with same ticker of other well known token. They seems a good exchange before cryptomarket boom. They just don't upgrade and maintain there low quality exchange.

I got some altcoins left there that haven't moved yet because their wallet is always on maintenance. This is my main problem before I used their platform because I really needed it when an emergency comes. I can't even earn a profit because I need to trade/exchange some altcoin that is on maintenance wallet. You even needed to wait for few days to withdraw your altcoins before. I wouldn't trust a crypto exchange when it has a gambling side.

This is how Yobit Works , Don't worry people in this forum already Knew about that .

All your observation is correct , And welcome to Yobit Scam Site anyway.


Don't Worry , Yobit Cares nothing about any Post in relation to their Shady businesses , Because for how many years they did not even give a damn facing all accusation against them Here in this forum so Care nothing about their reaction for this.

I tried to exchange some altcoins before in the P2PB2B, and my first experience with it was awful. It was horrible than Yobit that you needed to verify your account first before you withdraw your money.
I'm not too fond of this system as you can set a withdrawal limit for an unverified account. Their fake trade volume history is obviously. At first glance, you can tell that they are using fake trade script volume.
That's why always avoid a cryptocurrency exchange like this, and always check reputation/reviews on what trading site you're using.

Well, scam sites like Yobit are continuously spreading, it comes along with the spread of the crypto market. If we have an experience in Yobit, it could be easy for us to know their allies. Will it is to know that they are also clever to hide their real intention but that won't take so long and they will give up. That is why we need to cautious in using exchanges and must have to extend our search, especially for new exchanges as they are prone to this.

I had no idea P2PB2B is still around. Now THAT was a pure scam site. In fact, as soon as you saw an ICO listed there or saying they would list there, then you know for sure they're lousy and should be avoided.

Basically, time to get new exchanges guys if you're still actually using these which are known to be risky. So many easy choices now to not use them:)

Never expect that it will get back to you and return your losses. It is absolutely not there business to do that instead, they will look for more just like you.

You already have the experience from Yobit and many exchanges just like Yobit, they are somewhat clone.
But it is to wonder why some people got trick and got fooled by a x10, x100 profit. These are known scam trick, I don't know why people are still not learning.

Yobit, Coinsbit and also P2PB2B are market scams. I am having a deposit problem at Yobit, until now it's still not resolved. they don't respond to users who have problems.
Avoid trading on obscure exchanges as that will only hurt you. as is currently the case with many problematic exchanges. you as a trader must be more selective in choosing, on this forum many give bad reviews

I believe most traders know this kind of tactic especially those who at one point made a trade on this exchange. It has been known about their shady trading practices. So if you do need to trade here, just make sure you get in and out your funds fast. Or better yet, find another exchange that you can use for your coins. Hard to trust this exchange with your hard-earned money.

Seems like their bot hasn't been updated, still running on 2019 amounts, at that time 300ETH was conceivable, just a few thousand dollars right now they do 1 million trades and they aren't managing to push the price up even by a few cents. Indeed funny, they aren't even trying to hide it, probably a good fake trade script is too costly for them, and people there would simply buy any lie



Checking their other pairs seems all are being inflated, LTC, ZEC, Dash, same random amount running from 300 to 900 coins but, and this is a surprise, seems like they don't do this on the RUR pairs, maybe they play nice with their Russian customer base.

One more thing, as I was just browsing their site for the first time in a few months, remember their garbage coin, talk token?

Too bad we don't have a unit that is even lower than a satoshi.


As others have said the same thing, they didn't get scammed directly, and no, probably Yobit will not steal your funds or run with them after a "hack".
They are definitely doing some selective scamming and I assume they are choosing their victims carefully, probably knowing they will not file a complaint as most of those that use Yobit are doing so because of the lack of KYC requirements, but their business model is particular, they prey on newbies and on people trusting their investment box that is actually a black hole where no matter how much you make in daily interest you will lose money on the devaluation of that useless token.

This is really scary to see and based on the screenshot you've provided that's already a strong proof and nobody could contest to that. Yobit has been doing some sorts of manipulation here, and I just hope other exchanges doesn't do that because if they're also doing the same thing, our asset deposited their potentially isn't safe at all.

There are still people who had been using this exchage inspite of its issues back in the past or even up to now.Based on experience i havent faced any issues and everything went
smooth.I dont know if im just lucky or they are really working as it should but those are only in the past years as i had moved already in Binance to deal up with my trading career.
Back on the days where i do sell out some of shitcoins and went smooth without problems but later on when reading out those pile of complaints and issues
then i do have starting to have some doubts.

shitcoin on yobit only manipulation project from team. they launched many shitcoin that have no utility at all, and purely only for special purpose. if you look at bitcoin balance ,now maybe its worth thousand dollar due bitcoin price movement. although i have no problem with yobit , but i am warn my self to keep away from shitcoin in this exchange.

It has been a long time since Yobit has been a shady exchange even with negative feedback and it took a long time when there were complaints that occurred to its users, for example I already felt when my withdrawal was not credited while the status was successful I started looking for support on telegram, twitter and email but there was no serious response even I was ignored for so long, well here I have started to suspect that Yobit wins are inconsistent in overcoming this problem even with many people saying fake volume is true and Yobit exchanges always take advantage of opportunities where they will pump and this distributed in email messages to all users.

I literally search it on Google, and I saw a lot of scam reviews about their website. Even before, many people are complaining about Yobit being a shady exchange. It's better to trade in popular and trusted exchanges like Binance. Don't risk your money there. It's hard to earn these days.