Topic: yobit.net is a scam ? - page 3. (Read 38061 times)

as long as they have the private key;  and that private key is processed the exact same way on the other chain...

I don't see why they wouldn't be able to recover the funds by inputting the address into the other wallet and tx-ing the funds back to where they came from.

I would imagine they are weary of scams when it comes to anything dealing with private keys.

again;  this is assuming many things....  things frankly neither you or I know.   This is why I said prayer...  dealing with a 3rd party in general is always a risk.  Mistakes do not make it any easier.


I am just trying to look at this objectively, from both sides.   Maybe add insight to what could be possible past initial perceptions.

It may be as simple as do what I said above;  but there may be processes and things in place to limit that ability....  I haven't read much about funds being stolen via a hack..... maybe they are super anal about security to the n'th degree.

Trust me;  I've caught them on shady things, and a link to their own twitter post was the evidence they lied to me about a certain "fee" they were being dishonest about during the high tx fee craze days. 

They were charging .0025BTC+/tx, to [in their own words] "speed up the network and make the tx's confirm faster", wherein the Tx I was receiving (along with a multitude of others being sent in that day and age) had .0017 of tx fees total put on the tx. (all those people paid .0025+ each).   When the tx cost went under .0005, they were still charging near .0026, and the tx they were sending, were using a fee of ~.0009

They never answered me, or refunded me.. they did silently change it back to a nominal reasonable fee.   For a blind 3rd party.... this is what I expected.  this is why I don't deposit into them unless its to do a quick sale.

What i've gathered,
Every TX they do;  They keep ~30-80% of Tx fees paid.    ~15-30% if only one person's tx is going through;  much higher percentages if multiple people are withdrawing at once.
This is my first time speaking of this part.   I think I am fairly certain now.   I have received enough Tx from them to deduce its at least 30% of that withdraw fee (BTC).  I'm curious to hear what other people can add up.   For the amount they tx (following the accounts), they have to be making lots of profit clean off the top..... let alone listing fees, wallet repair fees, etc.

Hi, thanks I see your point about encryption, but they have my log-in details and therefore would be able to decrypt whatever they encrypted........if they actually did encrypt anything.
Basically they own the private keys to all of their wallets, and my wallet for BCH has not changed addresses, so they have my login, and my address and the TX ID, and could recover the funds but being how they are thus far they have not. 
What you have written is just a theory and it seems likely it was written in their defense.   

Once again, if you make a mistake which can be reversed and the company refuses to help you with this even though, at the time it was just under 100 thousand USD now it is about 60 thousand USD, or 40 thousand USD if they pay me back 8 of the 10 BTC.   They need to step up and do the right thing.

They are making Millions of dollars per year, and do not realize that by allowing such bad PR people will eventually go elsewhere where there is more transparency and honesty,  they are long established and have a chance to do the right thing to protect their reputation or salvage what is left of it.   

I feel your pain.


One issue I can see is this which is a clip from thsir rules page:
"All the user's personal data are strongly encrypted and their transfer between the Stock Exchange and users is fulfilled via enforced paths using attack-proof cryptoalgorythms."

This could ambiguously mean that your private keys are based on your login credentials and encrypted... its not just a matter of "copying them over"....     they could have convoluted their system to behave in such a manner to make it difficult to steal info.

The best you can do is a message and a prayer.

FWIW They still pay me for this signature you see below.  And every TX and RX from their wallets that are online and correct I have received thus far.  My affiliation with them stops there.  I use their exchange because my funds are initially deposited there.  I have withdrawn quite a bit over the years from them in BTC resulting from gains in my re-investments.


I hope things turn out better for you.

It is reasonably well known that Yobit has issues - using them is not without risk.

Support can range from slow to non existent.

The identities of the organisation and identities running it are not known. (Possibly for security and legal reasons.)

Some of the coins listed on there are from dead networks or on the wrong chain after a fork.

Coins like Waves have in the past accused them of selling coins that they don't have.

There are many people that have lost their crypto and have not received it back.

However -

They are located in a country (Russia) that does not really support crypto or exchanges within their legal framework.

Many people successfully have used and continue using their exchange without issue.

In some cases Yobit has assisted foreign law enforcement where there have been thefts.

They have witheld 10 BTC from me for over 6 months now.   Please see this thread.  https://bitcointalksearch.org/topic/m.27819078

Originally an error made by me which I fully admit. 

But they can still access my funds with minimal effort/cost to them using private keys and return my BTC. 

I have offered to just send me 8 BTC rather than the but still I receive nothing. 

Have opened over 15 support tickets and they have only replied to one of them with an offer to recover from their insurance company but that was over a month ago so it looks like nothing is happening.

My life savings, I just want 8 BTC for the 10 BTC I deposited, i am happy to pay the price of 2 BTC for MY error.

But still nothing. 

I liken it to working in a store, if a customer comes in and leaves their wallet behind and it contains thousands of dollars but it also has their full contact details, does that mean you can lawfully keep all of the money even if you have their contact details?
The RIGHT thing to do would be to contact them and return their money.   Yobit thus far has not done that with me. 

I just want 8 BTC then i will remove negative trust and they will never hear from me again.   

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you contradict yourself.

First you sent it to them.

Then you sent it from their address to them again?   Please clarify......
[/quote]

I sent the address they gave me
they did the 2nd transaction
and the money is still on them
https://i.hizliresim.com/1E243B.png

The owner's probably are full rich after that 2017 bull ride, you will never see them anymore, the money they made need's decades and decades to be spent. They rarely appeared on yolobit chat, now they will *never* appear there. Try another exchange.

you sent to 0xff539..............

Seems that when I try to view the info about this token address, its invalid via:

https://etherscan.io/token/0x0affa06e7fbe5bc9a764c979aa66e8256a631f02?a=0xbe8a9b8dcc1fca21e9aa98526d151b0d706abf291591d81d93571e9060980ab2

check yourself: https://etherscan.io/token/Polybius?a=0xff539ad5f01a8111c3a1f75cd9387839b584d27e

Looking up: 0xff539ad5f01a8111c3a1f75cd9387839b584d27e alone shows it has not been touched since transfer.


Verify the address you sent to was correct, and not missing one or two digits.





you contradict yourself.

First you sent it to them.

Then you sent it from their address to them again?   Please clarify......

Hi,

I sent 0.9690425 ethereum on 22 May to 0xEF3b7f0ffb45AF9425E6A5434c846Dfb6608E1fA you can find details from first link but my ethereum amount not updated. I was opened 6 tldifferent tickets but i can't get nay response from you. On 31 May  0.9690425 eth sent to your wallet (0xF5bEC430576fF1b82e44DDB5a1C93F6F9d0884f3) from 0xEF3b7f0ffb45AF9425E6A5434c846Dfb6608E1fA
 and still my ethereum amount not update.Please check my transactions and update my portfolio or sent my ethereum to burayada hesabınızı yazin.

22 May tx
https://etherscan.io/tx/0x2b0135b9a4814da4ac5ffc7582785d13b3512cb2c8b9290a6f4a8fb35e965070

30 May's tx
https://etherscan.io/tx/0x591d371843c971f5e90cedc592ec0a19d6c4c459c3c07f34b001dc1426a26ac5

Have made a transfer of PLBT on 24.05. settlement was successed but Yobit still doesn't put them on my account!!! What does it mean , no answers on requests, no funds on my accout, Scam

2018-05-24 17:43:05 Agavr
 currency_id: 40020 (PLBT), txid: 0xbe8a9b8dcc1fca21e9aa98526d151b0d706abf291591d81d93571e9060980ab2

still waiting for answer from support.. Free bump from me, and yes in my eyes their are scammers.
Lets fill the first page with yobit.

there is so many coin has been listed in there because of listing fee so cheap
they do not fix any coin issue, they just let them dead and do not care.
they let many people stuck with their shitcoin or sell it for cheap bitcoin.
i sugest do not trade your shit coin in yobit.

I whole heartedly admit;  everything I have on yobit is a risk... same with what I keep on cryptobridge and others.....  it can happen anywhere.

Their support is less than stellar, and leaves much to be desired.   Real explanations etc. are just not given sometimes.  For instance if you send funds to an offline or bad chain wallet;  they will most likely ignore any support request because there is no point (in their mind) to tell you they can't recover for X reason such as no nodes available, or broken wallet, etc.  People need to know these things.  They must be better defined than simply "Maintenance" for reason the coin is offline.


But I myself will buy and sell some of those coins that are "locked on the exchange".... Ive made quite a bit on things like BUB, and NKA to name just a few.

Binance, Kucoin, cryptopia, bittrex are all solid choices - poloneix, maybe cobinhood for odd new crypto but they do have some high withdraw fees for certain coins. Etherdelta if you can stand the hassle. I used to chase coin on all the exchanges, but it gets old dealing with bad exchanges. All it takes is one burn so might as well avoid the burn. Yobit burned me.

does the term "never risk more in someone else's hands than you are able to loose" strike a nerve?

firstly;  there are no details about these magical large amounts that are owed;  DETAILS BAZZLE.  More can be extrapolated from all the solid evidence.  TXID's, addresses sent from and to;  what type of payment (in ETH, there are smart contract forms of payment as an example), what blockheight is the exchanges wallet VS the one you maintain??  These details are important to find out if you make a big mistake, got hacked somehow (very common via telegram, 3rd party sources, etc), or if they are truly being dishonest and outright stealing your funds.

for instance the NKA wallet:  Ive seen people try to send funds into yobit's offline wallet and scream its yobit's fault...... which clearly its not.
Same with VSync coin... they are on their own chain compared to private wallets and other exchanges.   

This is the kind of research people don't do... and it bites them in the rump all proper like.

they are total scammer. no doubt. i have 5 tickets in last 2 months no answer and chat doesn't help too.

i see some fanboys who defends them but it doesn't change they are scammers.

Two major ones: incorrect chain/address/offline wallet or some sort of smart contract token used as ETH.

Just read all the complains about the exchange.

For 10 months of wait still no reply to the ticket?

Have you ever tried to reached out their admin/staff through their chat box? That's a lot of money to lose if you'll stop contacting, keep on reaching them.

I am waiting 5 months for 10 BTC but they ignore every ticket.

Life savings gone and they do not care.