Yobit allows fiat payments, which is a very useful service when the platform is workin as advertised. Most other cryptocurrency exchanges require users to first buy Bitcoin or Ethereum somewhere else, before they’ll be able to trade for other currencies on the exchange site. Being able to buy in with fiat is great, but if those funds then get ... Updated news about bitcoin and all cryptocurrencies YoBit Exchange Review: Is YoBit Legit, Safe, and Worth Your Time? A steady presence in the cryptocurrency space since 2014 , YoBit is one of a small set of exchanges that don’t require you to enter personal information to trade. YoBit traders and investors need to use Google’s Android or iPhone app to add a one-time password (“TOTP”) Two Factor Authentication confirmation each time you log in or request a withdrawal. YoBit Exchange Review: Is YoBit Legit, Safe, and Worth Your Time? Alex Moskov. A steady presence in the cryptocurrency space since 2014, YoBit is one of a small set of exchanges that don’t require you to enter personal information to trade. YoBit has a very user-friendly interface; virtually anyone can set up an account and start trading in under five minutes all while keeping their ... Yobit.net or Yobit is a Russian cryptocurrency exchange that was created in 2014. Unlike what you could expect from such an old exchange, if you google the company, you will see that there are many complaints about it saying that Yobit is a scam. Is it, though? Read our review and find out. Bitcoin News; YoBit Exchange Review: Is YoBit Legit, Safe, and Worth Your Time? July 6, 2020. 868. Share. Facebook. Twitter. ReddIt. Telegram. Pinterest. WhatsApp . Advertisment. A steady presence in the cryptocurrency space since 2014, YoBit is one of a small set of exchanges that don’t require you to enter personal information to trade. YoBit has a very user-friendly interface; virtually ... YoBit Review. YoBit is not a new name in the crypto world and it was introduced on the BitcoinTalk forum in 2015. The company was founded in Russia and offers many of the same features and characteristics of other cryptocurrency exchanges. Here’s how their dashboard looks like: YoBit is a cryptocurrency exchange designed to trade altcoins easily. If you’re familiar with Binance and how to use it, you’ll feel comfortable with YoBit. Before you read further, you should know that YoBit has recently had a lot of complaints lodged against them from users and have even been subject to lawsuits which have resulted in official investigations.
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