YoBit Exchange Poor Support Services is very disgusting!

[Freemind]

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.

[albon]

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.

[Freemind]

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.