Cryptocurrency Tools: YoBit

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YoBit is a cryptocurrency exchange that facilitates the trading of over 500 cryptocurrencies and tokens. The platform also offers over 9000 active pairings.

YoBit focuses on swiftness and a clean UI, and delivers both those things. Its geared toward those wanting to trade right away with just about any cryptocurrency available, no matter how obscure.

YoBit was founded in 2014 in Panama, and is a veteran in the cryptocurrency space. The platform was founded by a group of European developers and cryptocurrency enthusiasts.

It is truly a no-frills cryptocurrency exchange, an approach that has attracted both novice and experienced traders.

The exchange also continues to deliver traders and investors with anonymity. In contrast to many exchanges, traders and investors do not need to go through KYC and AML verification processes to gain access to the YoBit platform and the cryptomarket.

Of course, given its openness, YoBit has no restriction on geographical boundaries when it comes to who can use their platform.

YoBit has no minimum deposits, withdrawals, or limitations on trading size. There is a cap on withdrawals by debit and credit card, though.

There are a number of options to earn free cryptocurrency on YoBit. These include:

InvestBox: Allows YoBit users to invest their idle coins and earn interest on coins that are invested. YoBit has been clear that this is not a pyramid / HYIP, with all payments coming from a special fund. To start earning, simply go to the InvestBox page and select the preferred investment plan.

Free Coins: YoBit users are also able to use free coins. By going to the Free Coins page, users can select the income of choice and click “Get Free Coins”. You will then be given instructions in order to get the number of free coins specified. See below. Traders and investors are also able to donate unwanted coins here.

YoPony: Users can plan and win, with winners rewarded from 2 – 100x the initial bet. Here, the calculation of the pony speeds depends on EN chat messages, bets, the sum of all bets, microtime, pony number, and md5 hash of the previous pony.

The YoBit platform provides investors and traders with charts, which include candlesticks and volumes. Users are able to select adjust chart parameters, including time periods.

Trading fees are carried out at a flat rate of 0.2% for trading. Fees are included within each order.

The platform has a number of security features in place, including 2FA, Login email verification, and freeze options.

YoBit offers extensive 24/7 support, including email ticketing, telegram, and social media.

Overall, YoBit is a veteran in the space and delivers a user-friendly trading experience for traders of all levels. The no-frills, no spills approach, provides users with one of the largest cryptocurrency offerings available today.

Protecting Your Cryptocurrency And Staying Safe on YoBit

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