"Paying YObit to list is like paying somebody to punch you in the face"

[FreeTrade]

A few months ago, I was considering paying YOBit to get listed. HOdlcoin didn't have an exchange and everybody was eager to trade. "Paying YObit to list is like paying somebody to punch you in the face", Fuzzbawls cheerfully remarked. Fuzzbawls is older and wiser than me. Or at least I hope he's older, cause he's certainly fucking wiser. I couldn't see the downsides, so I paid up the .1BTC. Fuck I wish I hadn't. Their incompetence and dishonesty are destroying HOdlcoin.

The problem came we updated the coin. We gave them a weeks notice of the upcoming fork, they just ignored it, and left trading open on the old branch. They took deposits on the old chain and when they eventually updated to the new chain, they couldn't meet their obligations. Now they don't have enough HODL to cover their deposits. Rather than resolve the situation, they've left trading open, but disabled deposits and withdrawals. This is causing a lot of uncertainty for HOdlcoin, and it is difficult for the coin to grow because of it.

YObit has also now announced a new policy of charging for every update - so expect a neverending stream of requests for more BTC to continue support for your coin. Who knows what they'll charge for next? Maybe they'd be better off trying to charge for NOT listing your coin. That would certainly be better value.

And if you have funds on YObit? Don't. You're gonna get bitten sooner or later. Whether it is through their incompetence or dishonesty, you'll eventually get punched in the face too.

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[Fishmaster42]

as of last night they charge for chat, they will not even let you talk in chat unless you have like 001 btc. on hand and not in orders. Yobit is the stinky arm pit of the Crypto world. I believe they will just be gone one day soon. Someone with the connections and resources will sue them in their own country and that will be the end of it all. The lack of support is a problem that will bite like a snake. BTC talk is scattered with threads of people pissed off for various reasons. They will get to the wrong person sooner or later, no one is untouchable. Fish

[killdemon]

HODL coin is not only one affected with their incompetence.
They are trading coin and their deposit and withdraw are on wrong chain(old version)! And yes you can send coins to the exchange but your coins will never reach your yobit account. They should block deposits and withdraws, but no, instead they are allowing trading although they are very well aware of issue they have.
Pure SCAM!!! Take care people!

[JasonXG]

I collect hodl. Let's not forget all the on off maintainance of the hodl wallet. It works for awhile then it stops. Not being able to withdraw is very annoying.

[ricku]

I can understand your plight but when taking good decision we dont have to be too emotional, just like any other exchange yobit staff are always busy but you should have pull a smarter trigger by sending pm to them on this forum.Your coin is stilldoing well and i hope the hard fork can be resolved soon.

[FreeTrade]

PMs were certainly the first approach taken. This post was the second last resort. The problem that I asked YObit to address is now resolved and I'll now lock this topic.