Bitcoin Forum

Hi everyone, i'm new here and i just started trading on yobit and i was wondering why is btc value is always high on yobit with around 2k compared to other exchanges and the market itself and it's the same for all currencies . don't want to get spoon feeded or anything i just need some help please

Their prices are usually higher in that exchange because less people trade their compared to the other places. If you figure the transaction time and the enabling of withdrawals and deposits.

so according to your experience what is the best exchange ? 

Binance is a good one at this moment but we don't know if they will have the same fate as yobit.

Btw, this topic should go to the Exchanges. (https://bitcointalk.org/index.php?board=223.0) Move the topic there by pressing the button below to your left side.

Prices on yobit are always higher than other exchanges, I don't know why exactly, maybe because few people use it.
Personally I didn't use it because of its high fees, I tryed once to use it to sell a token but I found that I have to pay more than 40$ to make a deposit which is more than what I am going to win from selling on it.

so khaled what exchange you are using in the mean time ? and is there any with less fees than yobit ? what is according to you the most optimal exchange where fees are cheaper and you can find a lot of cryto currencies with their real values ?

I know you asked this question to OP but I will tell my experience with these crypto exchanges.

I have an account on bittrex for a long time with fully verified so I mostly use this exchange to buy and sell. So far I don't have any issues with this bittrex exchange but recently heard that they stopped replying to tickets.

Also, many tokens are not listed on Bittrex exchange so I used few times hitbtc for those coins. This is very slow to add funds and to withdraw funds and no response from support team. So I don't recommend this exchange.

You can check new exchange kucoin because I heard that they are quite reasonable with the fee as well.

Some currencies are valued high on yobit (like BTC and ETH) but I've noticed my alts always are valued low and it's only sometimes the price goes high and then all buy orders are at half that price in the order book. On Hitbtc and Kucoin, alts are valued double the market rate.

thanks a lot MinerHQ for your response i gonna do some research on kucoin, i heard that with a wallet such as block chain you can deposit and withdrawal with no fees on yobit i don't  know if it's true or not i gonna try it

i noticed it, why is there buy orders with less the price of the market i don't get it?  is this kind of manipulation can work both ways for buying and seeling and for all currencies can anybody tell me ?  an other thing.. for exemple is the benefits of selling a currency for BTC is the same if i sell it for USD ? hope it isn't a dumb question thank you guys 

They are manipulating alts and they have their own intention of pumping their own coin, yovi and yob2x that aren't even showing up when you will search it on CMC.

Crazy pumps are happening to there just take a look for a couple of minutes and you'll see an alt rising 400%+ within a split second and will be dumped later on.


They have the tabs for it, TOP, BTC, ETH, DOGE, WAVES, USD, RUR. But while it's early, consider other good exchange instead of them.

good exchange like what ?

Binance is a good one, most of the coins listed on yobit are totally shit and people who are actively shilling those coins on the chatbox will make you convinced that it will pump soon. Bittrex and poloniex are also one of the best exchanges although bittrex starts to become slow in support. Kucoin is promising too.

Variances are very common across exchanges, but it does partially reflect the exchange's willingness to buy your crypto from you, and also, as mentioned above, it factors in ease and speed of withdrawal - it is typically slower on Yobit for fiat withdrawals, although they do have the benefit (currently) of not suddenly blocking your withdrawal and requesting verification. Note that they have slightly higher withdrawal fees than others but they don't have country restrictions, and all-in-all, minus fees, you still get a little more if you sell to them.

And... there is no deposit fee on yobit, so not sure what you're talking about.


The wallet you use has nothing to do with exchanges fees. You pay your own fee if you deposit from blockchain wallet, as with most other wallets where you control private keys. Online web wallets tend to charge their own network fees. All exchanges will impose withdrawal fees. Only Localbitcoins as I know charges a deposit fee.