To enter the YoBit site you need to click on the main page of the site "Login", enter your username and password you may need an authentication code, which will be sent in an e-mail. After that, you can start working on the exchange. The user can start trading on the exchange after depositing funds. To deposit funds, you need to go to the "wallets" page and select a wallet for the deposit. After that it is necessary to enter the required amount.
After selecting the desired method of payment, the user should click on the "Make payment" button. YoBit does not charge a deposit fee, but Perfect Pay, for example, does charge a fee for funds transfers. As soon as the funds arrive in the wallet, the trader can trade.
By accessing the "Market" page, users get access to 8, cryptocurrency and crypto-fiat trading pairs. They will then be automatically redirected to the "trade" interface, where they can place a "buy" or "sell" order. On the YoBit platform, traders can view charts while analyzing trades. Users can select and customize chart parameters, including time intervals. As an interactive chart, users can also move the cursor over the rows to get trading volume data as well as open, closed, minimum and maximum prices of trading pairs.
Users can select their trading pair either on the left side of the trading page or on the market page. YoBit allows cryptocurrency or fiat deposits and withdrawals. Funds can be withdrawn from YoBit wallet to a personal cryptocurrency wallet. To withdraw cryptocurrency in fiat, select a wallet and click the withdrawal button.
You need to insert the address of your personal wallet, enter the number of coins and click "Withdrawal request". You should make sure that information is correct beforehand. Incorrect data can lead to loss of crypto-assets. The withdrawal fee varies depending on the asset being withdrawn. After entering the required amount of coins, the user will receive the desired amount minus YoBit fees.
Virtual mining on YoBit was launched by the exchange in in order to provide investors with a sustainable alternative income opportunity. The emphasis is on a low barrier to entry, so that not only large investors, but also almost every user can take advantage of the service. The YoBit exchange offers a virtual mining method in which investors buy a so-called miner and through it earn a certain percentage of tokens every day. Payments are made daily in the format of the exchange's own token, MINEX, so users profit every 24 hours.
The value of the currency under the plan will continue to increase so that the meaning of mining is not lost. Its features:. Additionally, the exchange provides a couple more opportunities related to virtual mining. And for publishing screenshots of their miners in the thread there is an opportunity to win cash prizes of up to 4 BTC. Like any cryptocurrency exchange, YoBit has its advantages and disadvantages.
Let's consider them in details. YoBit is a cryptocurrency exchange offering a lot of opportunities for traders to work with virtual money. This is a powerful environment that allows not only to earn money by trading, but also to withdraw it quickly, invest in new coins, win them for free, etc.
There is probably not such a strong and simultaneously functional resource among other crypto exchanges on the market. I became a crypto asset owner in , when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading.
All articles of the author. YoBit supported coins:. What Is YoBit? Table of Contents. Lottery Pool. PNLg Pool. PNLg distribution. Vested Pool. They can also view other trading tools where the trader can check what suits their needs. As per our YoBit review, YoBit has a unique feature — chatroom, which is very helpful for the traders to get opinions from their other traders to find out how they can trade effectively. Sign Up Now YoBit History YoBit cryptocurrency exchange was developed by European developers and crypto enthusiasts, as announced earlier in the bitcointalk forum.
Presently, this exchange is headquartered in Panama, and it is not a regulated exchange. It is available in English, Russian, and Chinese and offers a built-in dedicated chat for the traders who speak Russian, German, English, Arabic, Chinese, etc. Our YoBit exchange review has proven itself as a legit exchange during its years of operation by providing a dedicated team for its development. Even though there are several rumors that there were attacks on the platform claimed by its competitors.
YoBit has tight security, and it also offers confidentiality and privacy to the traders. Considering any exchange, security is regarded as the vital factor for its traders. Consequently, this cryptocurrency exchange values the confidentiality of its users, thereby keeping them anonymous, and does not share their private data or their transaction or trading history with any authorities.
Key Features of YoBit It is one of the most popular and leading cryptocurrency exchanges known in the crypto community, supporting a wide range of cryptocurrencies, features, and payment methods. According to coinmarketcap. This platform does not support some of the trading features like offering leverage to the traders. Still, it does come with several essential elements, games, and events that offer an excellent crypto trading experience.
YoBit exchange offers low trading fees for every trade executed on the exchange. YoBit charges 0. It does not charge different fees based on the trading volume, and the withdrawal fees for certain new coins might be a bit high. Sign Up Now YoBit exchange offers anonymity and privacy to their customers.
The users of this exchange are not required to undergo the KYC process while signing up on the platform. YoBit trading platform is secure, easy, and convenient. It supports an extensive range of cryptocurrencies in more than active markets. YoBit crypto exchange has its own native YO token, which offers several benefits for its traders. Further, YoBit organizes regular CEOs through its platform by allowing its traders to become early investors in several new exciting crypto projects.
YoBit regularly invites traders to participate in events and regular games such as YoPump, YoPony where the users can try their luck in increasing their holding. This crypto exchange supports fiat to crypto transactions. According to the YoBit review, the users can use it as a fiat gateway. This is one of the most critical features of an exchange that offers private trading.
According to our YoBit review, YoBit lets users know about everything regarding the features, cryptocurrencies that can be traded. In the CoinsInfo section, the user can find out formulas, supply numbers, ticker symbols, consensus algorithms, and several more. The free coins section permits the users to get cryptocurrencies by executing simple tasks such as sharing messages on their social media.
Even though the user will not earn a fortune by this, free coins are a sure way to make a few different types of cryptocurrencies and add them to their portfolios. Sign Up Now If a developer wants to add a token on YoBit, they have a section designed exclusively for them. Further, the listing process is easy and straightforward, and it requires the user to fill a form to proceed.
The listing fee for their token is 2. YoBit is an unregulated exchange. It offers many options for fiat deposits. Does not offer online live chat or phone support. It provides a wide choice of cryptocurrencies with exhaustive trading pairs. Does not offer a mobile trading app. YoBit provides a Bonus program to their frequent trades as a reward.
Very limited information is seen on the website. It has an intuitive, simple, and easy-to-use interface. It does not provide a Metatrader platform. YoBit — Registration and Login Process According to the YoBit review, registering on the website is fast and straightforward, and it only takes for the user to add their data like name, email address, and a strong password.
The entire process for the registration does not take less than a minute, and they can gain access. For opening an account with this platform, the user should go to the YoBit website and should click the registration button given on the website. When this is done, they need to click a register button, and the user should also confirm that they are not a robot. Sign Up Now After providing the email address, it will ask the user to confirm it.
When the confirmation is done, the user can proceed with depositing funds and start trading. It also asks its users to activate their two-factor authentication to secure their accounts, which will help them avoid authorized access.
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Raw Transaction: Below is a copy of the transaction we tried to submit. Send Close. Sorry, your browser does not offer camera support. Please be aware that you have created a transaction with what seems to be a very high fee of BTC! Submit Close. Sign Up Please fill this form to create an account. Confirm Password. Bitcoin Price 62 Open account for free and start trading Bitcoin now! Why millions chose Bitfast Trade. Payment Options Most popular methods: electronic wallets, blockchain, cryptocurrency.
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YoBit provides the prevalent YoBit Bitcoin price, the total price before fees, the % fee in US Dollar equivalent, and the gross price including fees. Upon purchase. USDT, R, + % ; ETH-USDC. , - % ; BTC-USDTb. T, - % ; DOGE-ETH. E, + %. Buy and sell Ethereum (ETH) on YoBit Exchange! Est. BTC: BTC. Market. TOPBTCETHDOGEYOWUSDRURUSDT. DEFI. BRIDGE. Name, Price, LV, Vol24, YP.