Topic: Yobit fake trade history - page 3. (Read 493 times)
Yobit's common problems are poor customer support, spam airdrops and fake trade volume. Already some Scam Accusations have been opened in this forum against Yobit. Personally, I face bad customer support on Yobit. They never answer me. Just imagine, if you lose any crypto asset from yobit, you will never get it back. Because of their poor customer service.
Before using any exchange have a proper research about it because you have to store your funds on that particular Exchange and if it is scam you simply loose your funds in very easy way to some scammers.Yobit have past allegations of being scam exchange, support team not responding,faking trade volumes,bonus provided expired after you sign up, withdrawal pendings after sell order and so on.So simply move your funds to some other exchange which is reputed otherwise you will be losing your funds very easily.
Yobit reviews
Yobit reviews
Just avoid them.
They're known for having a lot of issues. If you have deposited any amount there, it's better if as early as now you withdraw your funds there and move on to a better exchange.
An exchange like Binance.
They're known for having a lot of issues. If you have deposited any amount there, it's better if as early as now you withdraw your funds there and move on to a better exchange.
An exchange like Binance.
It's not new news, this exchange has a terrible reputation since years ago. Faking volume is probably one of their most famous shady activity. That being said, it's not exclusive to Yobit. A lot of shady exchanges do this too. So, the best thing you can do is avoid them and use reputable exchanges/dex instead.
Fake volumes are observable on exchanges that have fake buy and sell orders. With eyes, we can detect fake orders.Not for you but for newbies. How to detect fake orders? They are set up and cancel in seconds and with same amount. Only order price will be moved up or down but number of altcoin (in sell orders) and BTC or USDT (in buy orders) will be similar. Human can not set up and cancel orders too fast and continuously like that.
It's not new news, this exchange has a terrible reputation since years ago. Faking volume is probably one of their most famous shady activity. That being said, it's not exclusive to Yobit. A lot of shady exchanges do this too. So, the best thing you can do is avoid them and use reputable exchanges/dex instead.
There are many negative feedback about this exchange so I advice you do not open an account here. Furthermore, becuase it is a scam exchsnge so that you do not have to waste your time investigating.
Yobit was good when it was created but ovet time, it become worse and now most of the coins are garbage with a little of volume, maybit they are fack too
Yobit was good when it was created but ovet time, it become worse and now most of the coins are garbage with a little of volume, maybit they are fack too
Yobit is a bad exchange and their customer support does not exist.
They run many spam campaigns on the forum and I believed they created a spam foroum: Cryptotalk that opens for Russian members. Initially, that forum is for everyone but the owners add more restrictions and now it is a local forum.
It can be a forum to shill Yobit exchange. With past Cryptotalk and Yobit campaigns, I think Yobit are owners of the forum.
Fake volume is a disease on many exchanges and Yobit is one of them. I am not shocked with your finding.
BTI MARKET SURVEILLANCE REPORT – SEPTEMBER 2019
They run many spam campaigns on the forum and I believed they created a spam foroum: Cryptotalk that opens for Russian members. Initially, that forum is for everyone but the owners add more restrictions and now it is a local forum.
It can be a forum to shill Yobit exchange. With past Cryptotalk and Yobit campaigns, I think Yobit are owners of the forum.
Fake volume is a disease on many exchanges and Yobit is one of them. I am not shocked with your finding.
BTI MARKET SURVEILLANCE REPORT – SEPTEMBER 2019
At the beginning of browsing the yobit exchange, you will find the ETH / BTC pair in front of you, since it is the largest volume.
Suddenly a minute after I open the site, I find someone who has bought 270 Ethereum, while all the sell orders are not worth even 1 Ethereum. I wish it was just that, but there were also more than 5 success trades at the same hour, each one is 200 Ethereum (1000 eth in total = 2,7m$ in one hour). I'm not sure if this is normal records, but i'm sure that there is spamming in the trade history, can any one please check yobit website now before they see this topic
.
Edit:
Screenshot # 1 (Trade history):
https://i.ibb.co/4R764GJ/20210504-052641.jpg
Screenshot # 2 (Sell orders):
https://i.ibb.co/9YK3SNV/20210504-053116.jpg
Suddenly a minute after I open the site, I find someone who has bought 270 Ethereum, while all the sell orders are not worth even 1 Ethereum. I wish it was just that, but there were also more than 5 success trades at the same hour, each one is 200 Ethereum (1000 eth in total = 2,7m$ in one hour). I'm not sure if this is normal records, but i'm sure that there is spamming in the trade history, can any one please check yobit website now before they see this topic
.Edit:
Screenshot # 1 (Trade history):
https://i.ibb.co/4R764GJ/20210504-052641.jpg
Screenshot # 2 (Sell orders):
https://i.ibb.co/9YK3SNV/20210504-053116.jpg
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