Topic: Yobit Scam Accusation megathread. "Normal" modus operandi or shady practices? (Read 2559 times)

I think there is no doubt about that, unless the owner has changed and moved the headquarters somewhere else - which I sincerely doubt, considering that with their reputation it is difficult for them to do business anywhere except in Russia. The war has no bad effect on crypto exchange, it is an online business that has at least 100+ million potential users from that country alone, not to mention all those who are always looking for an opportunity to make money in extremely suspicious projects.

If you wonder why they are still in business, you should study a little more how things work in that country - pay whoever you have to and be sure that you will function smoothly.

They actually know very well when to use an idea to create the best Ponzi. The last time I used Yobit was in 2017 as far as I can remember. I used this exchange to sell a coin and I did not face any withdrawal issues. But since then, various tempting offers keep coming to my email from Yobit, and a quick check of them can be guessed that they are scams. I got this offer a few months ago.

Here is a name that I had almost totally forgotten about. "Yobit" was a major problem within the forum for a significant period of time with their unbelievable returns on their almost monthly non-blockchain ICO/IEO tokens. If there ever was a ponzi within an exchange, this was it.

It is true the number of claims against them seem to have dropped as far as the forum is concerned, it will be very difficult to ascertain what the situation is with regards to the number of victims that have been generated by their scams.

To my knowledge, that isn't true for every coin and I've seen notices on Coinmarketcap that Yobit wasn't allowing withdrawals for certain ones.  True, I haven't seen that many complaints about them lately, but I'd assumed that's because people smartened up and stopped using them for anything other than gambling.  As an exchange, they're a joke.

Aren't they based out of Russia?  That was probably stated here, but I'm pretty sure that's true and I wonder how the war is affecting them.  And lastly, it still blows my mind that they're still in business after all these years.  Better exchanges have come and gone and yet Yobit is still around.  Nutty, just nutty.

this is not true at all. there were a lot of complaints about the impossibility of withdrawal. a large number of coins from their platform cannot be withdrawn from there. I also remember that there were accusations of withdrawing large amounts of bitcoins.

that Yobit is not without problems with withdrawal, here are some examples only with Bitcoitalk:

Problem from withdrawing from YoBit
【Yobit.NET】The withdrawal is not completed
YoBit withdrawals "cancelled"
Yobit Withdrawal
Yobit is SCAM, Withdraw in process for 3 days and no reply from support

The most remarkable thing about Yobit is that we almost never hear about problems with withdrawals for users. All the currencies listed on Yobit can be withdrawn and I have used the platform for a long time without any problems until it got bad reputation after years of honest work.
The Yobit platform creates other ways to deceive users, mainly by encouraging them to invest in programs made by the platform and not related to the crypto market.
In this topic, I find for the first time cases in which users complain of problems withdrawing their profits from one of these programs: Yobit not paying out YoFarm Rewards. In any case, this platform has never cared to have a good reputation, and its experience here on the forum confirms that.

The question is did you manage to withdraw your assets, or does your withdrawal page show the usual wallet maintenance excuse they keep flashing to customers when they (yobit) want to get hold of their assets illegally?

K. On resume. I got login now by changing browser.

Not sorry!

I can not log in now. Banned from the chat and the telegram and the exchange it seems. And they got my coins.

Repressive bunch!. Don't use it.

No mcdonalds for you yobit1!!!

Russian Ultra Nationalists runs the show.

I was banned again. You laugh? I come to your exchange!

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They only wanna play and they don't wanna pay.

[moderator's note: consecutive posts merged]

I was able to break trough the Telegram channel of Yobit and they at least unfrozen my account.
But still for many coins the Wallet is in Maintenance and they let people trade the coin but not buy and withdraw.

any update regarding this issue ?

pqoeM18vCaU youtube

Give it to the Russians. Jesus Christ Super Star.

Tell Richard to buy a bitcoin if his shit fails. Before. Most progressive mindset.

I got the yankie bar. I kill monsters in fallout 76 while your profits grows. The deal.

No one got nuked. And M.O.A.B ended up on a museum. You have the nukes for power cores. It can be used for power cores.

Mint extra coins. To clean up finance. Power core is a battery so escotic it will make you beg for energy.

I called Richard. His shit is crashing. Despite the T-shares. I wanna see infinite beers (Conflict of intend).

He used a share on revenge. No way he is victimizing the users. I owe him no more.

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You tell Richard his wealth is recognized. I hate Rolex. Lemmings wise.

An investor would need reason to get in!

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Gonna buy some shares in my bank tomorrow.

Quantitative model.

My bank reports to the state.

You seek loss you try the inflation model. Judged down by punks and replaced by ATM's. The technological environment.

Being nice is still not downrated. I go to the shop when it's open.

[moderator's note: consecutive posts merged]

Fixed your post a bit 
There are at least 25 coins that you can deposit at least occasionally but can never withdraw.
There are coins that at times, deposits & withdraws are opened but they never actually send or credit the coins.

Sadly there are people who should know better who get burned by this.

-Dave

Yobit continues to list sexcoin drawing in unsuspecting investors who then can't withdraw.

I'll add the little I know - the sexcoin blockchain forked (at Yobit's end), or, their withdrawl function just doesn't work.  Either way investors and day traders of sexcoin lost out trading on Yobit which their Forum profile Yobit has known since 2016-01-08, 19:39:41 and has chosen not to deal with much less rectify.

@dogedoge737, so sorry for your loss, let us hope you will still get back your funds. But know that yobit is an exchange, yobit has shaddy ways that can make people to lose their funds with too many shit coins it has that are not even listed on platforms like Coinmarketcap and Coingecko, but this is not the issue now, the issue is that you can not login. Supposing you are using noncustodial wallet and you have your seed phrase protected, it will be easy for you to get access to your doge. This is not only about yobit, but also any other centralized wallet or exchanges, you should not use them to hold, custodial platforms will tell you that you are in control, but unknowing to you that they have the full control, and they are able to overide you because they have the private key. Not your key, not your coin. Do not leave your cryptocurrencies  on exchanges.

Let us hope you will recover back your funds, but if you do not, the funds are with yobit, and yobit have the capability of making use of it.

dogedoge737, i have had an account on that crypto exchange for at least 5 years because I used to be in their signature campaign a long time ago, and only 2FA I had was the one through email, which still works today without any problems.

As far as I can see there is an option to disable 2FA, have you maybe tried that?

2FA Disable Request

Ugh, that's horrible.  As an aside, I didn't think that investbox function was available back in 2018--or did you use the doge for that sometime later? 

Anyway, if you're challenging Yobit to prove their integrity you can forget about it.  They don't respond to any of the scam accusation threads here, even though they have an account on the forum.  It's beyond me why they can't help you log into your account if you have all of your information.  It could very well be that they want to steal your funds or it could just be their notoriously shitty customer service.

OP, keep at it with them and don't give up.  It sounds like there's a lot of money at stake here.  Also, please update this thread if you do end up resolving your issue, because I'm sure the community would like to know the outcome. 

This is yet another example of why you don't want to leave your coins on an exchange, especially not for years.  OP, I'm sure you've learned that the hard way, but newbies should take notice and not make the same mistake.

I have an account at yobit in 2017, in 2018 I once made a DOGE deposit there, more than 2 million doge from Indodax Exchanger.

This is proof of my deposit there
txid: 31228a13f5775154f003ce2aa8918001188e009ab8c802858b7608f7fc33ae7b

At Yobit Exchange there was an investbox offer that made me interested in making a deposit there, after my deposit entered my DOGE into their investbox, at that time I was doing a periodic login there, everything was fine, after that I never logged in again.

in 2021 i remember that on yobit i have an account , when i try to open it they reject my 2fa authenticator , the system refuses with the reason my 2fa is wrong.

I asked them about this, I want to try resetting 2fa, their reason is that this facility is no longer available, resetting 2fa can't be done, I've never reset 2fa so far and I'm restricted to login.

I've had many conversations through tickets only given the same answer without a solution.

Reset 2fa is limited, login using 2fa is rejected, does this include fraud from Yobit Exchanger.

In this discussion is a proof of Yobit Exchanger SCAM or not.

My 2fa status is active and I never change it.

If it's true that Yobit Exchanger is not a SCAM exchange, please prove it to me, open my account, don't freeze my account.

Below is my account name
Nickname : HL12301

I have contacted Yobit Support many times, but their service is very slow.

If you are proven innocent, open my account, if you don't do that it is proven that you have committed fraud against users' accounts.

this is where all will be answered, I am really waiting for your answer YOBIT EXCHANGER.

Let us all hope more people search online for Yobit reviews before they deposit any money at their website because in the end they will end up losing it all.

Some of us are completely surprised how Yobit is still operating and has not been shut down by multiple law enforcement agencies.