Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: masterrex on January 13, 2019, 10:49:30 AM
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In my Personal experience im having trouble with deposit the network already confirmed my transaction but it doesnt arrive on my yobit account balance im writing down the support but it doesnt response! its very annoying and dismayed and i dont trust anymore on Yobit exchange!
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I have been trading in Yobit for five years. I haven't faced yet any problem. I have heard their support are very lazy. To run an exchanger, support should be active.
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That's true we must avoid such exchange, there is no support at all for them, such undependable exchange shall be used by traders lol, I think that when they list coins they never expect updates from the devs XD
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Yobit Exchange was founded in 2015. During this time, no information about the owners of the exchange in the network did not appear. User reviews about the exchange are mixed. Both of these factors cause many to doubt the reliability of the exchange.
Many Yobit users complain about one common problem: delayed withdrawal ... and disgusting support! Scam.
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A lot of people have many issue with this exchange ,avoid this exchange.
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About Yobit Exchange is full of different reviews on the Internet, someone writes that the cheaters, someone that a good exchange, itself has not yet had the opportunity to trade or buy any coins. But at the expense of the no other CT forum they have raised their popularity.
Although everyone's business is where and how to trade, there are a lot of exchangers, choose from the top 10 and there will be no problems when not with trading, not with withdrawal of funds.
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In my Personal experience im having trouble with deposit the network already confirmed my transaction but it doesnt arrive on my yobit account balance im writing down the support but it doesnt response! its very annoying and dismayed and i dont trust anymore on Yobit exchange!
I was traded their almost 6-8 months, but I didn't face any support issues. Maybe sometimes it happened.
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In the end, I managed to sell a few coins on the exchange several times, sell them and transfer them to my wallet, strangely enough, without problems. The money came in about 5-10 minutes.
I can not say anything about the support of this exchange, there were no problems so far.
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In the end, I managed to sell a few coins on the exchange several times, sell them and transfer them to my wallet, strangely enough, without problems. The money came in about 5-10 minutes.
I can not say anything about the support of this exchange, there were no problems so far.
Same results to me every time in my trade history in yobit.net exchange. I have never faced any problem what public say in their opinion. But this exchange isn't more than 3 star mark review for their standard and listed coins that are traded their.
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Same results to me every time in my trade history in yobit.net exchange. I have never faced any problem what public say in their opinion.
I didn't experience any problems using yobit when I first started trading. Maybe the appearance is not very friendly for me
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Same results to me every time in my trade history in yobit.net exchange. I have never faced any problem what public say in their opinion.
I didn't experience any problems using yobit when I first started trading. Maybe the appearance is not very friendly for me
Same to me but i don't recommend this exchange to use now as their support is too lazy to tell. I hope bear will realize earlier if you give tickle him but Yobit exchange support will never realize their tickle.
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Same to me but i don't recommend this exchange to use now as their support is too lazy to tell. I hope bear will realize earlier if you give tickle him but Yobit exchange support will never realize their tickle.
Yeah. I also don't really use Yobit because I prefer to use a better exchange that provides more satisfying service
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Same to me but i don't recommend this exchange to use now as their support is too lazy to tell. I hope bear will realize earlier if you give tickle him but Yobit exchange support will never realize their tickle.
Yeah. I also don't really use Yobit because I prefer to use a better exchange that provides more satisfying service
We have a lot of exchange option in hand. So why will we go to this lower rank exchange now? It was once popular but now at the bottom of popularity for their poor support. However, we can trade in top exchanges like-Binance, Kucoin, Houbi, OkEx, Uniswap etc.
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We have a lot of exchange option in hand. So why will we go to this lower rank exchange now? It was once popular but now at the bottom of popularity for their poor support. However, we can trade in top exchanges like-Binance, Kucoin, Houbi, OkEx, Uniswap etc.
Yeah. Right, I think if we still have a good exchange, better use it. I only used yobit once, at that time my coins were only listed there
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An exchange that looks more like a casino and has very little to do with the really cool world of cryptocurrencies!
With small amounts of problems with withdrawal there were no problems! But buying any speculative token here, you can lose almost everything in 24 hours!
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I am not using yobit anymore. I can't trust yobit anymore. So, I don't need their support. I have seen some bet/casino lover really love yobit. But, From my experience, I always ignore is exchange.
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They have never known how to talk to their users, they have always had problems for that and since Yobit started selling Lisk IOU tokens in 2016, it has proven that it can be many things, but not a serious and professional exchange. The last time I used it was at the end of 2014 and I will not use it again.
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I agree with you,it is dangerous to make a lot of money on this exchange,support is about nothing,so also a full casino in many coins!Speculating on a small amount in the ICO to quickly sell is a good idea,but when you deposit, you should immediately accept the possible loss! :(
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In my Personal experience im having trouble with deposit the network already confirmed my transaction but it doesnt arrive on my yobit account balance im writing down the support but it doesnt response! its very annoying and dismayed and i dont trust anymore on Yobit exchange!
For the last 4 years after your post support on this exchange also does not want to work))) you can not write to them, the best thing to do is to write to them in telegram chat, there they answer much faster, it is a time-tested method.
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In my Personal experience im having trouble with deposit the network already confirmed my transaction but it doesnt arrive on my yobit account balance im writing down the support but it doesnt response! its very annoying and dismayed and i dont trust anymore on Yobit exchange!
Am not sure in this forum mate but from where I came from Yobit is being Banned from advertising because of this kind of behavior and not mentioning tons of scam accusation from people that received no clear answer as their support is really sucks, but that was years ago when I have heard issues about them and maybe because they are gone forever there.
But good for you to experience this personally so you can vouch for their kind of behavior towards their users , aside from they are being accused of being Pump and Dump exchange.
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In my Personal experience im having trouble with deposit the network already confirmed my transaction but it doesnt arrive on my yobit account balance im writing down the support but it doesnt response! its very annoying and dismayed and i dont trust anymore on Yobit exchange!
Am not sure in this forum mate but from where I came from Yobit is being Banned from advertising because of this kind of behavior and not mentioning tons of scam accusation from people that received no clear answer as their support is really sucks, but that was years ago when I have heard issues about them and maybe because they are gone forever there.
But good for you to experience this personally so you can vouch for their kind of behavior towards their users , aside from they are being accused of being Pump and Dump exchange.
I will not favor the exchange YoBit for Pump and Dump, but I do not want to say that it is bad either, I want to say when this Pump and Dump is made by the exchange itself and not by third-party people, with the support they have of course everything is very bad and I hope they will fix it, but otherwise on that exchange you can earn and sometimes even a lot of money, the main thing is to understand how to do it there.
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In my Personal experience im having trouble with deposit the network already confirmed my transaction but it doesnt arrive on my yobit account balance im writing down the support but it doesnt response! its very annoying and dismayed and i dont trust anymore on Yobit exchange!
Am not sure in this forum mate but from where I came from Yobit is being Banned from advertising because of this kind of behavior and not mentioning tons of scam accusation from people that received no clear answer as their support is really sucks, but that was years ago when I have heard issues about them and maybe because they are gone forever there.
But good for you to experience this personally so you can vouch for their kind of behavior towards their users , aside from they are being accused of being Pump and Dump exchange.
I will not favor the exchange YoBit for Pump and Dump, but I do not want to say that it is bad either, I want to say when this Pump and Dump is made by the exchange itself and not by third-party people, with the support they have of course everything is very bad and I hope they will fix it, but otherwise on that exchange you can earn and sometimes even a lot of money, the main thing is to understand how to do it there.
yes never that I become a victim mate all those that I have said is according to what I have heard and read all over the forum years back.
so I cannot vouch about Yobit being Good or being Bad .
what I only asking since then is that why they are not responding to all the scam accusations instead they just continue running their spam signature campaign that made the forum officials banned them.
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Same results to me every time in my trade history in yobit.net exchange. I have never faced any problem what public say in their opinion.
I didn't experience any problems using yobit when I first started trading. Maybe the appearance is not very friendly for me
be patient, I also used yobit at the time if I'm not mistaken there was an airdrop, what you said is true, the appearance of yobit has no appeal, it's too old school, unlike other exchanges
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Same results to me every time in my trade history in yobit.net exchange. I have never faced any problem what public say in their opinion.
I didn't experience any problems using yobit when I first started trading. Maybe the appearance is not very friendly for me
be patient, I also used yobit at the time if I'm not mistaken there was an airdrop, what you said is true, the appearance of yobit has no appeal, it's too old school, unlike other exchanges
Most of the exchanges that runs along yobit when it was still allowed in Bitcointalk, they all succumb to the new exchanges. Bittrex was once the famous but they too failed to compete the evolving communtiy.
Though banned and was prosecuted heavily in Bitcointalk, yobit is the only exchange that survived its test. Its still alive to this day. I think their community is much bigger today, mosty Russians.
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be patient, I also used yobit at the time if I'm not mistaken there was an airdrop, what you said is true, the appearance of yobit has no appeal, it's too old school, unlike other exchanges
There are things that patience cannot solve and Yobit customer support is one of those things. They have always done things "their way", without giving much importance to the users, although it may seem harsh, it is the reality. As for the user interface, I seem to remember that it has been the same for quite a few years.
Most of the exchanges that runs along yobit when it was still allowed in Bitcointalk, they all succumb to the new exchanges. Bittrex was once the famous but they too failed to compete the evolving communtiy.
Though banned and was prosecuted heavily in Bitcointalk, yobit is the only exchange that survived its test. Its still alive to this day. I think their community is much bigger today, mosty Russians.
I used Bittrex for a few years and the experience was positive, I remember that the few times I had any kind of problem it was quickly resolved by the customer support team. It's a shame it had to close its doors.
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There are things that patience cannot solve and Yobit customer support is one of those things. They have always done things "their way", without giving much importance to the users, although it may seem harsh, it is the reality. As for the user interface, I seem to remember that it has been the same for quite a few years.
I've also tried to contact Yobit support but barely received any necessary assistance. Perhaps the decline in the number of users and trading volume has led to a decrease in their revenue and profits, making it impossible to maintain an efficient and regular support team.
Considering liquidity, interface, support, and other factors, everything seems to suggest Yobit decline in this market. I can't predict Yobit future, it might just continue to exist rather than develop or compete with other CEXs in the increasingly competitive market.
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I've also tried to contact Yobit support but barely received any necessary assistance. Perhaps the decline in the number of users and trading volume has led to a decrease in their revenue and profits, making it impossible to maintain an efficient and regular support team.
Considering liquidity, interface, support, and other factors, everything seems to suggest Yobit decline in this market. I can't predict Yobit future, it might just continue to exist rather than develop or compete with other CEXs in the increasingly competitive market.
That's the only problem with Yobit: they can't respond right away. They want all things to be automated, just like they did on their campaign, which leads to spam. That is why Theymos decided to ban Yobit on the BTT forum.
I am one of their users and I don't have any issues with them, only support is what I hate it takes almost weeks before you get a response.
Other services are smooth except for the support.
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That's the only problem with Yobit: they can't respond right away. They want all things to be automated, just like they did on their campaign, which leads to spam. That is why Theymos decided to ban Yobit on the BTT forum.
I am one of their users and I don't have any issues with them, only support is what I hate it takes almost weeks before you get a response.
Other services are smooth except for the support.
The development of AI could provide Yobit support with additional capabilities to improve its service, or users may need to be more cautious when using Yobit's services so as not to require support from Yobit.
I hope that Yobit can read these topics on crypto forums and implement support services directly on AltcoinsTalks if they want. The same is being done by crypto Mixers: the project can support users more effectively, while also having the added contribution from community members and helping the project to be promoted to potential users.
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That's the only problem with Yobit: they can't respond right away. They want all things to be automated, just like they did on their campaign, which leads to spam. That is why Theymos decided to ban Yobit on the BTT forum.
I am one of their users and I don't have any issues with them, only support is what I hate it takes almost weeks before you get a response.
Other services are smooth except for the support.
The development of AI could provide Yobit support with additional capabilities to improve its service, or users may need to be more cautious when using Yobit's services so as not to require support from Yobit.
I hope that Yobit can read these topics on crypto forums and implement support services directly on AltcoinsTalks if they want. The same is being done by crypto Mixers: the project can support users more effectively, while also having the added contribution from community members and helping the project to be promoted to potential users.
The old users who been in crypto before 2016 are still using Yobit. I saw the same usernames on chat back in the days that I have chatted before.
If AI is going to be used I think it will make yobit a more automated. But do you think AIS will only leave few errors not affecting users funds?
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The old users who been in crypto before 2016 are still using Yobit. I saw the same usernames on chat back in the days that I have chatted before.
If AI is going to be used I think it will make yobit a more automated. But do you think AIS will only leave few errors not affecting users funds?
I don't think AI would be the best solution for this but it might work on common cases related only to bugs and errors on their site.
If it's related to the user's funds this should require human support not AI because I'm afraid AI might lead you to a wrong guide that can affect the user's funds.
I hope that Yobit can read these topics on crypto forums and implement support services directly on AltcoinsTalks if they want. The same is being done by crypto Mixers: the project can support users more effectively, while also having the added contribution from community members and helping the project to be promoted to potential users.
Why not try to email them via a support ticket from their exchange? It might take a while but I believe they gonna check this thread and respond to all questions here.
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The old users who been in crypto before 2016 are still using Yobit. I saw the same usernames on chat back in the days that I have chatted before.
If AI is going to be used I think it will make yobit a more automated. But do you think AIS will only leave few errors not affecting users funds?
I used YoBit on some occasions quite a few years ago and I can assure you that absolutely nothing has changed. And I'm not talking about the user interface, but the way they treat the customer. In this case, I do not think that AI is going to change anything or improve YoBit's user experience, since the problem is the same as always, not serving the customer adequately and within reasonable deadlines. The problem is human, and no AI is going to solve it until those responsible for the exchange change their way of working, something I doubt after so many years.
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The old users who been in crypto before 2016 are still using Yobit. I saw the same usernames on chat back in the days that I have chatted before.
If AI is going to be used I think it will make yobit a more automated. But do you think AIS will only leave few errors not affecting users funds?
I used YoBit on some occasions quite a few years ago and I can assure you that absolutely nothing has changed. And I'm not talking about the user interface, but the way they treat the customer. In this case, I do not think that AI is going to change anything or improve YoBit's user experience, since the problem is the same as always, not serving the customer adequately and within reasonable deadlines. The problem is human, and no AI is going to solve it until those responsible for the exchange change their way of working, something I doubt after so many years.
Yobit is hopeless; they used to be the most popular exchange when Bitcoin was gaining popularity back then, Whatever promotion they do, people will not trust them anymore; they are the most notorious exchange in the industry.
If ever they change their way, they will still have a hard time being competitive because their image is badly tarnished and we have the best exchanges in the industry already.
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Yobit is hopeless; they used to be the most popular exchange when Bitcoin was gaining popularity back then, Whatever promotion they do, people will not trust them anymore; they are the most notorious exchange in the industry.
If ever they change their way, they will still have a hard time being competitive because their image is badly tarnished and we have the best exchanges in the industry already.
That's precisely why they don't want to change, they know (I guess) that the users' perception would remain the same even if the exchange changed 100%, both visually and in terms of customer service, their name would be "chasing them" and potential new users would already have too many negative references to start using it. As I already said, maybe the owners of Yobit are the first interested in not changing, and I can understand that after so many years, but if they had done it before it is possible that they would now have a good exchange that users could trust.
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Why not try to email them via a support ticket from their exchange? It might take a while but I believe they gonna check this thread and respond to all questions here.
A good idea to try but unfortunately, I don't use Yobit often anymore or need support from the Yobit team. Other users can do this to help Yobit improve their service over time.
I think the only motivation for me to actively contact Yobit would be to suggest they run a signature campaign on AltcoinsTalks to promote their service and support users more effectively. I'll think about this possibility, or someone else could contact the Yobit team now to bring a Yobit sig-campaign to AltcoinsTalks ^^
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It is a very old exchange and i have used it quite a few times but their support behavior wasn’t good and fast. Over time this exchange has gone under water and many users have dropped out. There were many scam reports about this exchange which i got from btt forum. Currently, if there is to survive then the ownership needs to change and some big institutions need to be involved so that investors can easily establish trust. All new and old investors are now running towards binance, kucoin, gate, bitget, bybit exchange, so there are many new members to survive in the market need to develop.
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I remember this exchange way back 2018 in the other forum and it even launched a signature campaign on the platform as well.
They paid the participants no problem with that. The problem is if I remember correctly, it promotes spam, and the customer support isn't responding as well.
Overall, the exchange had a bad reputation on the other forum and since then, there hasn't any been news regarding this exchange. I already thought that the exchange has been gone already like the other exchange that also created in 2018. It's surprising that they're still in operation, but with not that good support services, this is already a red flag for me. I would say to others out there to stay away from this exchange, and instead, use a better and more reputable one.
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I remember this exchange way back 2018 in the other forum and it even launched a signature campaign on the platform as well.
They paid the participants no problem with that. The problem is if I remember correctly, it promotes spam, and the customer support isn't responding as well.
Overall, the exchange had a bad reputation on the other forum and since then, there hasn't any been news regarding this exchange. I already thought that the exchange has been gone already like the other exchange that also created in 2018. It's surprising that they're still in operation, but with not that good support services, this is already a red flag for me. I would say to others out there to stay away from this exchange, and instead, use a better and more reputable one.
The bad reputation that YoBit has acquired over the years is solely the credit of its owners. They have had years to listen to users, make changes to improve service and customer support. If they have not done it, it is simply because they have not wanted to do it, I think it is very easy to understand. YoBit has stayed online thanks to the hundreds of self created tokens they have launched with the sole intention of pump and dump.
With the years that YoBit has been on the market, they could have built a really good exchange, with a large number of active users. They really could have been a big exchange, but unfortunately it didn't happen due to lack of action from the owners.
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^. They still are insolvent like FTX though. The newer exchange we thought would last are already gone compare to yobit. I say they are still reliable when it comes to just trading BTC and stablecoin.
The only stuff to avoid in yobit is investing on those actions because you may not be able to withdraw them. They don't usually update the block chains of actions.But I think they are already getting better and no KYC still and if anonymity is a traders concern I guees yobit are still an option.
I didn't really experience any of those accusation as along as I stay with BTC and USDT.
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The bad reputation that YoBit has acquired over the years is solely the credit of its owners. They have had years to listen to users, make changes to improve service and customer support. If they have not done it, it is simply because they have not wanted to do it, I think it is very easy to understand. YoBit has stayed online thanks to the hundreds of self created tokens they have launched with the sole intention of pump and dump.
With the years that YoBit has been on the market, they could have built a really good exchange, with a large number of active users. They really could have been a big exchange, but unfortunately it didn't happen due to lack of action from the owners.
We don't know who's really behind Yobit. It could be Durov, or another big name in crypto, or even a Russian government entity... All we know is that Yobit has been on the decline for years and doesn't seem interested in competing with other CEXs.
Yobit is still around unlike FTX, but that doesn't mean it's worth using. I wouldn't recommend Yobit to anyone. There are plenty of better, more liquid CEXs out there.
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The bad reputation that YoBit has acquired over the years is solely the credit of its owners. They have had years to listen to users, make changes to improve service and customer support. If they have not done it, it is simply because they have not wanted to do it, I think it is very easy to understand. YoBit has stayed online thanks to the hundreds of self created tokens they have launched with the sole intention of pump and dump.
With the years that YoBit has been on the market, they could have built a really good exchange, with a large number of active users. They really could have been a big exchange, but unfortunately it didn't happen due to lack of action from the owners.
We don't know who's really behind Yobit. It could be Durov, or another big name in crypto, or even a Russian government entity... All we know is that Yobit has been on the decline for years and doesn't seem interested in competing with other CEXs.
Yobit is still around unlike FTX, but that doesn't mean it's worth using. I wouldn't recommend Yobit to anyone. There are plenty of better, more liquid CEXs out there.
You don't have to engage in that pump and dump coins. Often times it's the developers making it's pump and if so it is part of it, they just tend to make money out of it too.
But surely it's worth using when you are up for anonymity this you are backing away from the control of regulation from your government. Too bad that yobit is misrepresented by the competitors.
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I have heard about Yobit exchange far back in early 2018, and most of the information i got was not encouraging. some users said Yobit is a pump and dump exchange with very poor customer support, while many others had given poor reviews on social networks about deposit and withdrawal issues.
As a trader, i am good on reading exchange platform reviews and whatever outcome i got mean a lot to me. On Yobit exchange, i have concluded that much of it's negative reviews that i have read has given me a bad impression about trading on the exchange.
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In my Personal experience im having trouble with deposit the network already confirmed my transaction but it doesnt arrive on my yobit account balance im writing down the support but it doesnt response! its very annoying and dismayed and i dont trust anymore on Yobit exchange!
I dont see anything to stop your money from arriving at the intended wallet account if you never made a mistake, some it may be due to delay in transaction when the mempool is being congested, but on similar cases, on an average, a transaction don't have to take that long before arriving, even when the mempool is full, there are times it gets less congested and we can make transaction and have it confirmed without much delay.
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I wonder why is this exchange not dead already..
Their reported volume is clearly fake, they only deal with shitcoins and pump and dump schemes, unless it acts like a front for some money laundering or tax evasion scheme they could have already packed their bags and closed it down already, I doubt they make enough money from actual traders still operating there.
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I wonder why is this exchange not dead already..
Their reported volume is clearly fake, they only deal with shitcoins and pump and dump schemes, unless it acts like a front for some money laundering or tax evasion scheme they could have already packed their bags and closed it down already, I doubt they make enough money from actual traders still operating there.
I don't know if yoBit is involved in this type of economic activities, but two very important things must be taken into account. The first of those things is that YoBit was founded in 2014 and that has given its owners time to obtain large amounts of cryptocurrency at relatively low prices. The second thing is that YoBit is based in Panama (I don't know if it has always been like this) and as we all know Panama is a well-known tax haven, which "offers" much softer laws depending on what type of activities.
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I don't know if yoBit is involved in this type of economic activities, but two very important things must be taken into account. The first of those things is that YoBit was founded in 2014 and that has given its owners time to obtain large amounts of cryptocurrency at relatively low prices.
Yeah, but having made a ton of profit buy being an early adopter doesn't mean you need to keep running a business that doesn't bring you the same returns anymore and might actually be losing money. It's like the second mal in our city, 10 years ago it was the busiest place in town for 4-5 years, rents were through the roof, now that there are 4 more and the population has shifted towards the north it has been sold 3 times in two years.
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I wonder why is this exchange not dead already..
Their reported volume is clearly fake, they only deal with shitcoins and pump and dump schemes, unless it acts like a front for some money laundering or tax evasion scheme they could have already packed their bags and closed it down already, I doubt they make enough money from actual traders still operating there.
I wonder whether they manage to deceive certain gullible people into keep using their shitty exchange. After all, i just opened their website and greeted with this questionable or fake bonus. Their Invest Box is also instane where
(https://i.ibb.co/8DYgnT6/b.png) (https://ibb.co/RpjTGZz)
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I wonder why is this exchange not dead already..
Their reported volume is clearly fake, they only deal with shitcoins and pump and dump schemes, unless it acts like a front for some money laundering or tax evasion scheme they could have already packed their bags and closed it down already, I doubt they make enough money from actual traders still operating there.
Those shitcoins are the reason why people still use it, their reported volumes were always fake but people have no other choice because there are some shitcoin which is not available any other market place so people are ready to buy and sell some even if their services are shitty. It's been almost 4 years since I used and the last time I used doesn't have great experience either.
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Yeah, but having made a ton of profit buy being an early adopter doesn't mean you need to keep running a business that doesn't bring you the same returns anymore and might actually be losing money. It's like the second mal in our city, 10 years ago it was the busiest place in town for 4-5 years, rents were through the roof, now that there are 4 more and the population has shifted towards the north it has been sold 3 times in two years.
I don't know the expenses that YoBit must have to have the exchange running, but taking into account the low volume they have (economic and user) I don't think they are very high expenses. I assume you know that YoBit has launched hundreds of its own tokens for the sole purpose of attracting new users and making profits for years with pumps and dumps.
I'm not saying that they are dedicated to the activities that you mentioned in one of your posts, but in Panama that type of activities would not be a problem since unfortunately many of the companies that are based in that country are dedicated precisely to those activities.
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I wonder whether they manage to deceive certain gullible people into keep using their shitty exchange. After all, i just opened their website and greeted with this questionable or fake bonus. Their Invest Box is also instane where
(https://i.ibb.co/8DYgnT6/b.png) (https://ibb.co/RpjTGZz)
I would assume the only way to convince someone would be no kyc and the only place to deal with some shitcoins, but there are like a hundred alternatives for that and the whole thing with in-house coins for the "investment" plans is so yesterday, I mean I don't think there is anyone who knows about yobit that doesn't know how al their coins ended.
It might be so but I can't be convinced that this exchange runs now profitable without anything in the background.
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Of course yobit is a completely different exchange from the others, I'm not saying it can't be used but without efficient customer service it won't go far, so it will lose many users
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I wonder whether they manage to deceive certain gullible people into keep using their shitty exchange. After all, i just opened their website and greeted with this questionable or fake bonus. Their Invest Box is also instane where
When I saw this just now I am still surprised that people are still using Yobit. There was a day I wanted to buy a shit coin on the exchange. I was very new to crypto at that time. I had $50 to buy it when I bought it, I saw less than $0.1 and my $50 was deducted. I guess they know about it and it will happen if you want to buy a coin that has many zeros with coins like bitcoin. Their investment box is truly insane and full of shit coins. You will invest and be losing from day 1. I tried their X100 that time which suppose to give 100% daily reward of the money invesed. But if you try it, the loss will be from day 1 of your investment.
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Well, I read this topic from the first page to the end but in my opinion the assessment of all members here is very bad for Yobit, I have never registered on the Yobit website because I am also afraid like other members.
I see on Coinmarketcap with the circulation of BTC in the Spot type trader, it is very much around 792 BTC or around $ 72,232,152. It is possible that the value of this coinmarketcap could be wrong too and I don't want to fall into Yobit's trap.
I'd better avoid this Yobit than lose my funds. This makes me safer than having to lose funds that are worth even just 2 dollars.
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When I saw this just now I am still surprised that people are still using Yobit. There was a day I wanted to buy a shit coin on the exchange. I was very new to crypto at that time. I had $50 to buy it when I bought it, I saw less than $0.1 and my $50 was deducted. I guess they know about it and it will happen if you want to buy a coin that has many zeros with coins like bitcoin. Their investment box is truly insane and full of shit coins. You will invest and be losing from day 1. I tried their X100 that time which suppose to give 100% daily reward of the money invesed. But if you try it, the loss will be from day 1 of your investment.
That is the reason (or one of the reasons) why YoBit constantly releases tokens of its own creation. They attract users who buy millions of tokens at a really low price, then do a pump and dump shortly after and take those users' investments within a few hours, they have been doing the same thing for years, which is why they have such low volume and are only able to attract new users with little experience. The most experienced users who remain on that exchange are those who actively participate in pumps and dumps and they also benefit from those practices.
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When I saw this just now I am still surprised that people are still using Yobit. There was a day I wanted to buy a shit coin on the exchange. I was very new to crypto at that time. I had $50 to buy it when I bought it, I saw less than $0.1 and my $50 was deducted. I guess they know about it and it will happen if you want to buy a coin that has many zeros with coins like bitcoin. Their investment box is truly insane and full of shit coins. You will invest and be losing from day 1. I tried their X100 that time which suppose to give 100% daily reward of the money invesed. But if you try it, the loss will be from day 1 of your investment.
That is the reason (or one of the reasons) why YoBit constantly releases tokens of its own creation. They attract users who buy millions of tokens at a really low price, then do a pump and dump shortly after and take those users' investments within a few hours, they have been doing the same thing for years, which is why they have such low volume and are only able to attract new users with little experience. The most experienced users who remain on that exchange are those who actively participate in pumps and dumps and they also benefit from those practices.
I'm not into pump and dump but I am in yobit sometimes and they earn my loyalty when they airdropped valuable coins and tokens. Those were the days.
If I have the choice to use an exchange just to trade my BTC to Usdt without having issues with KYC, nothing beats yobit. Especially during the time when my passport expired and binance suspend my account for this reason. I got yobit to save the day.
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I wonder why is this exchange not dead already..
Their reported volume is clearly fake, they only deal with shitcoins and pump and dump schemes, unless it acts like a front for some money laundering or tax evasion scheme they could have already packed their bags and closed it down already, I doubt they make enough money from actual traders still operating there.
Those shitcoins are the reason why people still use it, their reported volumes were always fake but people have no other choice because there are some shitcoin which is not available any other market place so people are ready to buy and sell some even if their services are shitty. It's been almost 4 years since I used and the last time I used doesn't have great experience either.
I am surprised that people are using the Yobit exchange because of shitcoins, and what could be the purpose of shitcon an exchange?
I have not use Yobit exchange but heard a lot of complaints and bad reviews on Google play store and social networks. I think the management need to listen to people's complains to move the exchange forward because the CEX exchanges is very competitive, it requires serious efforts, dedications, to manage this kind of business.
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If yobit's CEO was around on social media I think their BTC would have been seized already or he would have been imprisoned. CZ being the owner of the biggest binance didn't escaped from it.
Yobit having been around and not been known authorities couldn't really point him out, I think so it is just prosecuted online. But while they are being accused I think they proved crypto should have been decentralised this way.
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If yobit's CEO was around on social media I think their BTC would have been seized already or he would have been imprisoned. CZ being the owner of the biggest binance didn't escaped from it.
C landed in prison because all his life he has lied about everything and hidden eveything, every single thing about him was a lie, his licenses in Japan and Malta were a lie, his SAFU funds proved to be a lie when the audit company deleted the audit, everything he did was for money, he broke every possible rule and people still think he's some sort of innocent business man who will bleed for crypto!
What are the actual changes against yobit other than selling shitcoins?
If that would mean prison then we should build a few more prions just for meme coin makers.
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C landed in prison because all his life he has lied about everything and hidden eveything, every single thing about him was a lie, his licenses in Japan and Malta were a lie, his SAFU funds proved to be a lie when the audit company deleted the audit, everything he did was for money, he broke every possible rule and people still think he's some sort of innocent business man who will bleed for crypto!
What are the actual changes against yobit other than selling shitcoins?
If that would mean prison then we should build a few more prions just for meme coin makers.
Although to many people CZ may seem like just a businessman, it does not mean that he is just that, just remember when CZ had the brilliant idea of “rollback” the Bitcoin chain years ago to recover 8,000 Bitcoins which were stolen from Binance. There are also many people who think that Musk is a genius and a visionary, there are people who say that Elvis is still alive... There are people who believe too many things just by reading them on the internet.
The only thing that can be blamed on YoBit is its terrible customer service, since such service does not exist.
That they have created hundreds of tokens just to pump and dump with new users is not just YoBit's responsibility, it is also those users' responsibility.
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The only thing that can be blamed on YoBit is its terrible customer service, since such service does not exist.
That they have created hundreds of tokens just to pump and dump with new users is not just YoBit's responsibility, it is also those users' responsibility.
I do not agree with you. Exchanges should list tokens that are good and not shit ones. When I used Yobit in the past, it has many fake coins. I can not only call them just shit but fake. The coins do not exist anywhere than Yobit. They can say 10 or 100 times reward daily but the coins will fall more than 10 or 100 times daily which will make the investors to lose.
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The only thing that can be blamed on YoBit is its terrible customer service, since such service does not exist.
That they have created hundreds of tokens just to pump and dump with new users is not just YoBit's responsibility, it is also those users' responsibility.
I also disagree with you. While i couldn't find criteria of how YoBit choose coin/token to be listed, it's fairly common to see exchange impose fee to get certain coin/token to be listed. And when there are so many fake, scam or questionable token/coin listed, i think we must wonder YoBit overall quality. I wouldn't visit grocery store which mostly filled of low-quality goods and IMO it should also partially applied when choosing exchange.
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I also disagree with you. While i couldn't find criteria of how YoBit choose coin/token to be listed, it's fairly common to see exchange impose fee to get certain coin/token to be listed. And when there are so many fake, scam or questionable token/coin listed, i think we must wonder YoBit overall quality. I wouldn't visit grocery store which mostly filled of low-quality goods and IMO it should also partially applied when choosing exchange.
I wasn't referring to YoBit's criteria for adding coins/tokens to the exchange, I was referring to self-creating many, many tokens that only serve to pump and dump, especially in users with little experience, attracted precisely by the price of those tokens, a really low price. For the rest, and with this point clarified, I still think the same, YoBit could have an exchange with a much better reputation after all these years.
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The only thing that can be blamed on YoBit is its terrible customer service, since such service does not exist.
That they have created hundreds of tokens just to pump and dump with new users is not just YoBit's responsibility, it is also those users' responsibility.
I do not agree with you. Exchanges should list tokens that are good and not shit ones. When I used Yobit in the past, it has many fake coins. I can not only call them just shit but fake. The coins do not exist anywhere than Yobit. They can say 10 or 100 times reward daily but the coins will fall more than 10 or 100 times daily which will make the investors to lose.
There are many other exchanges like yobit that list many tokens that can be fake or fraudulent. As there are many best exchanges like binance, kucoin so i always follow best exchange. Moreover, listing a token on these exchanges requires a lot of fees. So a scam token will never spend this money so they will want to list their token for free. Most scam coins follow these low quality exchanges because their target is to cheat investors money.
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There are many other exchanges like yobit that list many tokens that can be fake or fraudulent. As there are many best exchanges like binance, kucoin so i always follow best exchange. Moreover, listing a token on these exchanges requires a lot of fees. So a scam token will never spend this money so they will want to list their token for free. Most scam coins follow these low quality exchanges because their target is to cheat investors money.
To list a coin/token on the exchanges you mention, you don't just need to pay a large amount as you say, as sometimes that is not a problem for scammers. The biggest problem is the documentation that these exchanges require in order to carry out the listing process. This necessary step is what causes scammers to not even try, as their identities could be revealed to the authorities, and they would have serious problems. On the other hand, I haven't used centralized exchanges in a long time and I don't like their legal practices. DEX is the solution for me.