YoBit Reviews & Product Details

The vast array of diverse cryptocurrency coins/tokens that are available to buy, sell, and trade on the Yobit exchange is impressive. Review collected by and hosted on G2.com.

The user interface is quite busy and can be difficult to read when it's not enlarged. Review collected by and hosted on G2.com.

I guess that YoBit is about accessibility. This exchange is really comfortable in usage from registration to withdrawal. In comparison with other crypto exchanges, this one, like I said, fish in a barrel. You don’t need to have a lot of experience to start trading here. You aren’t asked to pass KYC procedure. So, on the one hand YoBit is open to anyone who would like to have a shot at trading without having the proper experience. But on the other hand, it is also suitable for professionals, because of its security and privacy. In addition, knowledgeable people can find here interesting coins before they are listed on major exchanges.

The big plus for me is that YoBit supports fiat currencies, so you don’t need to buy cryptocurrencies somewhere else.

YoBit has a friendly community. In addition to chat on the exchange there are discussions in Telegram chat as well. Review collected by and hosted on G2.com.

I’m not quite sure I like YoBit’s design, however, all the functionality is on the highest level. And that would be great if they create a good mobile app. Review collected by and hosted on G2.com.

At first I really liked the fact the it was super easy to get started working it while being in Russia, and that the fees were much lower than other more popular cryptocurrency exchanges had to offer. These were probably the only reasons why I started using YoBit in the first place. Also, I really like how easy and fast it is pass verification and that is even easier to trade. The interface is not that beautiful and stylish, but it is certainly self-explanatory and user-friendly. Review collected by and hosted on G2.com.

It has a lot of cons actually. YoBit is completely unregulated and it heavily promotes pumps and dumps. Withdrawal times a re quite slow. But what I really dislike the most as of right now is the fact that YoBit has been under investigation from Russian Federation authorities. YoBit has been really sketchy lately and if I were you I would think twice before starting using this exchange. I am still using it only because I already have here some of my assets. But I am going to withdraw all of them whenever it feels like the situation with investigation is escalating or when I just feel like it. Besides, it is a real pain trying to connect with tech support. Sometimes they do not simply respond to you at all. Had to them numerous times over 3 weeks in order to get any kind of a response. Review collected by and hosted on G2.com.

The ease of use it great. It's so easy to log in and start trading, oh and the choices of crypto currencies is astounding. I think they have one of the biggest selection of crypto for trading and for that I commend them. A lot of people say it's pretty shady, I actually think it looks a lot more legitimate than other crypto exchanges out there. Review collected by and hosted on G2.com.

There is a lot of strange, one time tokens that nobody ever uses again. It's part of the trade off for accepting every crypto for trade. Also I've heard stories of people 'losing' funds. This happened once to me and tech support took about a week but I was definitely taken care of for that. I'm not sure if they get a bad rep from the one or two people who had a bad experience or they really are bad at support? Like I was I was taken care of and I came out okay. Review collected by and hosted on G2.com.