Pros
Cons
Quick Summary
| Headquarters Location | Russia |
|---|---|
| Fiat Currencies Supported | USD + 1 other |
| Total Supported Cryptocurrencies | 197+ |
| Trading Fees | 0.20% |
| Deposit Methods | Bank Transfer, Debit Card, Credit Card, Cryptocurrency, QIWI, PerfectMoney, Payeer, AdvCash, Capitalist |
| Support | Support Ticket |
| Mobile App | Has no mobile app. |
YoBit.Net stands as an esteemed cryptocurrency exchange platform, providing an array of services to crypto enthusiasts around the globe. Established with user needs at heart, this platform aims to streamline trading activities for its global audience.
YoBit.Net exchange has established itself in the dynamic cryptocurrency marketplace as a dynamic hub for digital asset trading. Driven by inclusivity principles, YoBit consistently adapts to changing landscape of digital finance to optimize trading experience of its users.
Resilience and adaptability have earned this platform great popularity among traders from diverse backgrounds who wish to explore cryptocurrency investment potential.
About YoBit.Net
YoBit Exchange of Panama City was established by a collective of crypto enthusiasts led by Chen Zifeng in early 2013. Their primary aim is to offer seamless trading experiences across a wide variety of cryptocurrencies.
YoBit has steadily expanded its services since launching, earning itself a strong reputation for supporting various cryptocurrency projects.
YoBit exchange has successfully navigated cryptocurrency’s unpredictable waters since its founding, adapting to market demands while supporting innovation. YoBit’s journey has been marked by strategic decisions to accommodate an exploding array of digital assets while meeting industry trends that emphasize variety and accessibility.
Chen Zifeng has guided YoBit through numerous milestones with his visionary leadership, positioning it as a reflection of its dynamic market nature where shifting investor sentiment and technological innovations regularly alter the digital exchange landscape.
YoBit.Net has a number of active social profiles including Facebook, Twitter, LinkedIn and Reddit.
YoBit.Net Supported Cryptocurrencies
YoBit.Net supports trading on over 197 cryptocurrencies on their platform. This exchange currently supports 7 of the top 30 market cap cryptocurrencies.
View all cryptocurrencies YoBit.Net supports
- 0XBTC
- 2GIVE
- ABYSS
- ACES
- ACOIN
- ADC
- ADZ
- AMS
- ARB
- ARCT
- ARGUS
- ATB
- ATL
- AV
- AXIOM
- BCA
- BCD
- BCHABC
- BCHSV
- BERN
- BF
- BITB
- BITS
- BLAZR
- BLU
- BLUE
- BOUTS
- BSC
- BSTY
- BTA
- BTC
- BTG
- BTS
- BUB
- BUZZ
- C2
- CAB
- CANN
- CARBON
- CF
- CHESS
- CJ
- CLAM
- CLOAK
- CLUB
- CMT
- CNB
- CNT
- CONX
- CREVA
- CXT
- DASH
- DCR
- DFT
- DGB
- DLC
- DLT
- DMT
- DOGE
- DRM
- DRT
- EDRC
- EMC
- ENT
- EOS
- ETC
- ETH
- EUC
- EVIL
- FLOKI
- FLOT
- FRN
- FRST
- FUZZ
- GB
- GCC
- GOD
- GSR
- HAND
- HEX
- HMQ
- HVCO
- IBANK
- ICOB
- ICON
- IETH
- IFT
- IMS
- IND
- INXT
- IXC
- KBC
- KOBO
- KURT
- LANA
- LCC
- LOOM
- LRC
- LSK
- LTC
- LTCR
- LUNYR
- MAX
- MAY
- MNTP
- MODX
- MOJO
- MOLK
- MOTO
- MST
- NETKO
- NEU
- NEVA
- NEXO
- NMC
- NTK
- NYC
- ONX
- OPAL
- PAK
- PEX
- PIVX
- PKB
- PLBT
- PLNC
- PMA
- PONZI
- POST
- POSW
- PRIX
- PXI
- QBC
- RBBT
- RBIES
- RBT
- RBY
- RDD
- ROOBEE
- SANDG
- SBTC
- SCS
- SHDW
- SIB
- SLS
- SNC
- SNRG
- SOCC
- SONG
- SPD
- SPR
- SRN
- START
- SWING
- SWT
- TAG
- TAJ
- TBX
- TNS
- TRX
- TX
- UBEX
- UBTC
- UFR
- UNIFY
- UNIT
- USD
- VEC2
- VEST
- VIA
- VIDZ
- VLT
- VOLT
- VRA
- VTC
- WAVES
- WBB
- WRC
- XBTC21
- XCO
- XEM
- XHI
- XPD
- XPTX
- XPY
- XQN
- XRA
- XRP
- XVG
- XYO
- YFI
- YO
- ZEC
- ZENI
- ZET
- ZIL
- ZIPT
- ZYD
Trading Experience
YoBit’s trading experience is tailored to be accessible for both novices and veteran traders, providing an intuitive user interface to facilitate trade execution with ease and ensure a pleasant trading journey.
Trading options available cater to various preferences, improving user experience.
YoBit provides an intuitive and engaging trading experience, supporting various strategies and preferences. YoBit fosters an environment which enables users to efficiently manage their digital assets, offering an array of cryptocurrencies.
YoBit provides a smooth trading process, tailored to both experienced traders and newcomers to cryptocurrency. Their robust platform supports futures trading along with other advanced trading features for an effortless trading experience.
YoBit.Net Fees
YoBit provides an intuitive exchange fee structure designed to accommodate both small-scale traders and those with extensive portfolios. Their fee mechanism strikes a balance between competitiveness and sustainability; giving users clarity regarding costs involved when conducting transactions.
YoBit’s fee model demonstrates their dedication to creating a platform that meets the needs of a broad base of users. By opting for an adaptable fee structure that scales with usage, they ensure their services remain attractive to individuals at different investment levels.
Fee structures at this platform reflect their understanding of market competitiveness and transparency as means for forging long-term relationships with traders.
| Type | Fee |
|---|---|
| Deposit Fee (Bank Transfer) | 0% - 1% |
| Deposit Fee (Credit/Debit Card) | 0% - 1% |
| Trading Fee | 0.20% |
| Withdrawal Fee (Bank Transfer) | 1% - 7% |
YoBit.Net supports a range of different cryptocurrencies with varying withdrawal fees. When looking at Bitcoin, their withdrawal fee is 0.0005 BTC. The average across all other exchanges that we've reviewed is 0.000461 BTC. This means YoBit.Net charges above the industry average by 8.51%. This is worth noting because it likely means they are also charging higher fees and spreads across all cryptocurrencies on their platform.
Security - Is YoBit.Net Safe?
YoBit places security as its top priority, employing stringent measures to thwart unauthorised access and safeguard users’ assets.
Advanced technologies to thwart attacks and strict adherence to regulatory standards within its offshore jurisdiction has established it as a pillar of trust within an ever-evolving market.
YoBit takes security very seriously, employing an innovative multilayered defence strategy designed to safeguard its platform and users. Employing cutting-edge security protocols as well as proactive monitoring systems, YoBit strives to create an impregnable fortress-like environment for users and staff.
Security of user funds is of utmost importance, and has implemented rigorous authentication protocols for users in order to prevent unauthorised access to accounts. Furthermore, robust security measures are regularly updated in order to stay ahead of potential cyber threats.
YoBit.Net Customer Support
Customer support is an integral element of YoBit’s service offering. YoBit strives to offer fast and useful assistance for any issues or inquiries its users might experience.
YoBit’s commitment to creating an inviting atmosphere for its users can be seen here.
YoBit understands the value of excellent customer support in maintaining user happiness and platform reliability, offering an efficient support system designed to quickly resolve user inquiries while creating an easy experience for its users.
YoBit recognizes the value of providing timely support, so their customer service team strives to be friendly and accommodating ensuring users can obtain assistance whenever necessary.
YoBit.Net Support Channels
How to Sign Up on YoBit.Net
- Create Account - Visit the YoBit.Net website and fill out the create account form. You'll need to include a valid email, set your password and type in other details like your phone number and name.
- Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
- Transferring Funds - Once your account has been verified, you'll be able to deposit using the deposit methods listed below.
- Start Trading Crypto - That's it! You should now have everything in place to start trading.
Deposit Methods
YoBit.Net Alternatives
Binance
Total Supported Cryptocurrencies
386+
Trading Fees
0.10%
Fiat Currencies Supported
USD, GBP, CAD, EUR, NZD + 75 others
Kraken
Total Supported Cryptocurrencies
244+
Trading Fees
0.08% - 0.40%
Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR + 1 other
OKX
Total Supported Cryptocurrencies
320+
Trading Fees
0.08% - 0.10%
Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 85 others
Final Thoughts
YoBit stands as an accessible entryway into the cryptocurrency market. Their commitment to offering diverse trading pairs and an intuitive user experience make YoBit an unparalleled contender in this field.
YoBit.Net User Reviews
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Methodology
At Crypto Head we use a rigorous research and rating process to assess each platform. Our star rating system is out of 5 stars and is designed to condense a large amount of information into an easy-to-understand format. You can read our full methodology and rating system for more details.
About The Authors
James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency.
His extensive experience in the industry and ability to present complex concepts in an understandable manner make his articles a valuable resource for readers seeking to navigate the ever-evolving crypto landscape.
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Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.
His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.
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