I joined and used Yobit since 2017, but until today I have had problems with this exchange.
In the past, I used to use TALK & sts to invest in some potential altcoins such as TOMO, WAVES, XEM ... and the average price strategy is very well applied: I use TALK & sts to buy altcoins for small quantity every day, only a few cents in TALK or 5-10 USD in sts. However, when I want to trade a bit larger volume, about tens of USD, I have problems with Yobit's liquidity.
In addition to trading pairs with a volume of more than 1 BTC per day, most other trading pairs have a trading volume of just 0.1 BTC or only 5000 USD per day, which seriously affects liquidity when the buyer can't buy token at market price.
I used ETH to buy TOMO and coincidentally in the last order pushed the price of TOMO to 600% on Yobit. I don't really care about the crypto assets on Yobit, but I think the seller will be surprised when he meets a buyer who is thirsty for tokens ^^
High liquidity is an important feature of all exchanges, if Yobit have no strategy to get more users, list more tokens, have lower transaction fees, it is very difficult to develop and to expand the popularity of Yobit in crypto world. Currently, most traders know Coinbase, Binance, Huobi, Kraken, Latoken, Probit, KuCoin..., very few people know about Yobit - a reputable and long-standing exchange.
What do you think about the liquidity problem on Yobit? Have you ever encountered this problem when trading on Yobit yet? What solution do you think would be the best for Yobit to increase liquidity?