Bitcoin Forum

I've notice a lot of coins being pumped in yobit. They are only one exchange listed and that's yobit. Once I put in the bid. It starts dumping. This happen to me like 3-5 times already. I am suspious of this site. It happens when the coin is listed on in yobit and nothing else. Low market cap coins. Be sure to be on the lookout when buying.

Yobit often falsifies the amount of trading volume to deceive traders into their trades. I often hear that yobit is a dangerous and lying exchanger.
I recommend not doing transactions there.

you can PnD on any exchange not just yobit. Yobit is just easy to get on to so lots of shit coins go on it.

Pretty much, yobit is one of the exchanges which is a shitcoin site. They profit off the fact that no other exchange would even dare to put up this random shitty coin and people are forced to use them cause they're the only ones around. I wouldn't recommend anyone using them, as Yobit has a pretty terrible site, pretty bad customer support (they barely respond), and overall it's a bad experience.

If you want to try to say I'm wrong, try to use them compared to binance for 20 mins.

Even lots of issues throwing against yobit,im still believe that this exchange is good for the starters or those newbie and want to learn about trading,as this site has lotof coins to offer,no matter what many says i am once a yobit trader until lots of issues comes out and my capital is getting bigger,then i need to withdraw.

As i observed that lots of complaints against this site are more than digits of btc is concern,but i have not read below btc complaints,this upon my observations no offense

Don't use Yobit. Poor support system don't reply even long time I didn't get email verification code for login. All shitcoin add on this exchange. Try to avoid it.

'Good for the newbies' Yes, it's good for the newbies if you'd like for them to think that all of bitcoin exchanges are filled with scams, shitty coins, and are just simply shit. Don't let the newbs go on a shitty site like this cause they're going to think that this is what bitcoin is allways like. Get them to use the good exchanges with the AMAZING support, like binance.

Binance is MUCH better then yobit.

In a small amount of trade investment, yobit will still fine if you want to play with some risk, but if you will use a large amount of investment
I will say that this site is to risky, as we see a lots of complain about this exchange better to look for more bigger one that will carry your investment
without any worried that your money can possibly scam when you needed to cash it out.

I was a victim of that also when I am just starting. Yobit seems to not stop that kind of pump and dump groups there since they are also making money out of it or let us just say they keep their website looks like there is a lot of people for their bots.

Now that you have experienced it, it will be best to start reading more here for the best trading website so that it will not happen again with you.
I bet it looked inviting to you because of the troll box that tells this certain coin will be pumped and it looks like there is a lot of people who agrees but truthfully it is just one group who wants to earn money fast.

Yobit took the habit of deceiving users by selling coins, which no longer exist. Because of this, it happens that the site writes that the withdrawal of funds occurred, but the money never reached the destination (up to your wallet). The only thing for which this exchange can be useful theoretically is for draining some incomprehensible tokens, although it is not known whether you can then withdraw something from there.

Yes, they're a shelter for shit coins and those who make fake volumes. They also do the pump and dump, be careful with yobit, because many people who say if yobit is a scam

Yobit is working exchange with a huge variety of coins. This variety attracts pump and dump groups although they operate on many different exchanges. Without yobit we would only have a limited number of crypto to trade with so we should appreciate the service and check out the low market cap coins there

It certainly is and specifically designed to pump useless shitcoins. You'll be shocked to see coins that has no complete info on the team, roadmaps and does not even have a website but making more than 100% gains in the top 10 gainers on coinmarketcap.

Yes I have experienced such a thing before in Yobit exchange. It has different prices with different volumes. Maybe that's how the pump and dumb operations works.

Yobit is a very shit exchange don't trust or try to invest in this kind of trading site, So many PnD coins and shitcoins that victimize beginners and so many trolls and this exchange will eat your coins by delisting of coins and you can't get it anymore much better to go for legitimate exchanges like Bittrex, Poloniex and Binance i've trust these sites 101%.

I have read so much negative about yobit and have always avoided it because I can't invest in an exchange where I won't have some level of confidence that things are going well.

On YoBit people constantly arrange dumps and pampas, which means that it is very easy to manipulate prices on this exchange. Why do you want to trade on it? What are you not satisfied with the popular exchanges with large volumes of trades, which you definitely will not be deceived?

I've heard rumors on Yobit but I didn't think they would go as far as giving false volume to lure traders that's just too cruel. Even though judging it from rumors I still think it's not safe to trade on Yobit. I'm scared to try in it the reviews are too much.