I have been part of the YoBit signature campaign for about two days until Yahoo banned me from it for burstposting. That was a very good wake-up call and I thank him for it because that's when I also found the scam accusations against this exchange.
I've tried using YoBit for a while just for testing purposes. Keep in mind that I've made transactions worth a ton of money through different other exchanges a few years ago and I still know the mechanism of an exchange pretty well. If you're interested to hear my story, keep reading.
I participated in the non-existent YoDollars launch. This was a shady game from the start all the way 'till the end and I tried taking all their advertisement game down to 0 as much as possible.
In order to get the 700 YODA (and IIRC, they had a promotion for something like 400YODA/referral but I preferred not advertising this shithole to anyone), you had to do a lot of work. Mostly tweeting the shit out of the YODA scam so they could maximize the advertisement. Smart game, but I was able to fool it my own ways.
After a delayed launch of their YODA shithole, I have finally been able to receive my 700 YODA. But guess what: I did not receive it in my YoBit wallet. They put it in my InvestBox and I could only withdraw 1% of it per day, so I have actually only received 7 YODA a day instead of 700 at once. Anyways, I said that's fine - I can wait.. Next day, I wanted to withdraw 2 days at once (the first and the second), which accounted for somewhere around 14 YODA. As soon as I tried to withdraw, only 7 YODA were sent to my wallet because I had just found out (all by myself, no warnings anywhere) that if you do not withdraw once, your money will be non-withdrawable. Now I had 7 YODA sent to my wallet and 707 YODA sitting in my InvestBox. I said it's fine and I kept going..
Third day comes and I still have 707 YODA in my InvestBox. I had no more to withdraw and I was wondering what the hell is going on. I then found out I had to actually post an advertisement tweet in order to receive my shitty 7 YODA. Now I had to wait about 23h in order to receive my next 1%..
The following day, I still had 707 YODA in my account. I opened up a support ticket and asked them for my 7 YODA back because I had done exactly what I needed to receive it. The 7 YODA were then worth somewhere around 0.0003BTC so I asked them for that much BTC in case they solve the issue later when YODA is worth a satoshi. I still haven't received a reply to my ticket until today. After a quick look over my history of tickets, I found out I still have one open since 2019 which also has never been replied to.
In the following days I found a way to fool their tweet mechanism so that I would not advertise their shitcoin anymore but still receive my 1%. All went well except the fact that the coin kept losing value every single day. Weeks later, they changed the game: you had to play 10 Bitcoin Dice rolls EVERY DAY in order to receive your 7%. Because their minimum roll is 1k satoshis (or was it 10k?), considering today's YODA value of 150 sats, you will have to risk 0.0001BTC (0.001 if 10k was the minimum roll) EVERY DAY for something worth 0.0000105BTC. Where the fuck is the logic?
I would not recommend anyone this "exchange". It's not even an exchange, it's more of a give-us-your-money and advertise-us-for-free website. The ONLY thing I can positively say about them is that the withdrawals work but the fees are fucking high.
You'll be better off not using any exchange at all than going for YoBit.