Is Yobit.net Investment Good or Scam?

[erep]

You will get lots of pictures like that right now and they are actually paying but no one knows when they will scam you. It is a same old strategy of every scamming company. So be aware and invest what you will not mind if it lost.

[1715440000]

1715440000

[1715440000]

1715440000

[HeRetiK]

What I don't get is why they'd run a ponzi as part of an exchange. Running a standalone ponzi is one thing -- once you decide to cash your victim's coins out you just close shop and that's it. But those guys are supposed to be running an exchange? An actual business? They'd need to shutdown their entire operation if they were to scam people on the investbox money, since people wouldn't even use them for trading anymore?

[subSTRATA]

You will get lots of pictures like that right now and they are actually paying but no one knows when they will scam you. It is a same old strategy of every scamming company. So be aware and invest what you will not mind if it lost.

yobit's been around a while, I mean, they've had problems in the past, but just about any operation will. I've been gone from the forum for a while now so this investing option they have is news to me; however, as stated above, 7.3% interest apr doesn't seem all that unreasonable, although I must admit it seems a tad high for being generally risk free (to my understanding, correct me if I'm wrong, I haven't read their announcement post on this, if someone could link that for me that'd be much appreciated).

[traderethereum]

Link of Page: https://yobit.net/en/investbox/

They promise to pay 0.02% a day on BTC, daamn, Means i invest 5 BTC and i can get 0.3 BTC a month??

Is it true?? Or a Scam??

i think its true but you need to be careful if you want to use your money to investing with them. i think this is a new thing for yobit so we should be aware for this. don't place big amount if you are not sure with the programs so you don't need to worry if somehow the program is scam you. i think its better to try with poloniex because the rate can change every time so you can get better rate for couple day.

[xypos]

Link of Page: https://yobit.net/en/investbox/

They promise to pay 0.02% a day on BTC, daamn, Means i invest 5 BTC and i can get 0.3 BTC a month??

Is it true?? Or a Scam??

Yobit has been operating for years now, even though their customer support is pure BS i don't think that we can classify them as a scam exchange. They are an extremely shady operation yes, but not just outright scam.

But this investment plan that they offer is 100% unsustainable.

The fact that they don't tell you how they are going to spend your investment to gain that type of profit is just a dead giveaway. They are likely to be running a ponzi scheme and when the scheme collapses yobit will go down with it because this investment is backed by yobit.

0.2% a day for bitcoin is just ridiculous. Even leveraged casino bankrolling won't get you that much.

[Indrawan77]

So far it is still paying and yobit got a big reputation, if the sites scammed then the exchanger will also collapsed, I dont how long yobit can pay the investors and how the sites able to pay the investors, if you are not ready to lost the money then don't put your money in there

[iqlimasyadiqa]

So far it is still paying and yobit got a big reputation, if the sites scammed then the exchanger will also collapsed, I dont how long yobit can pay the investors and how the sites able to pay the investors, if you are not ready to lost the money then don't put your money in there

It's absolutely true that yobit is one of the great exchangers of today. But easily an altcoin into the yobit list makes yobit slightly less desirable. Maybe lax system administration in yobit make a lot of the best developers do not invest here. But if yobit still pay then use continue, because you will get chance if in yobit. Because yobit is a service provider to trade, we are free to choose whatever we want.

[pawanjain]

Lets talk about yobit first and then its investment scheme. Yobit is a good exchange website but with lots of shit coins in their crypto currency list.
There are lots of people who trade on Yobit regularly. So far Yobit is a good website for trading. It promises to give certain percentage of interest on its investment scheme which differs from coin to coin. I had investment some DOGE in its investment scheme 2-3 times and i had received my interest with capital on closing. So it gives what it says but as you know everything in crypto is risky so its upto you what to do.

[CageKennylz]

Seems like a scam to me.

[alva5763]

I have been using for litecoin and bitcoin for a month. It does work. 2% daily for bitcoin is a good rate that will slightly more than double your investment in a year when compounded. Suggest only invest in coins with volume as you may have problem exchanging back to bitcoin if there are no buyers.

[xIIImaL]

It is a good investment i wanted to invest in a ico through eth but there was still a month left for ico to start. I invested 10 eth for 30 days for few days there was no coins but i earned 0.45 eth in 30 days which isn't bad at all don't totally depend on it don't plan like keeping all yout funds for a year keep high amounts but only for short period.

Did you mean that you have 10eth in yobit site. I have noticed some people invest in yobit and getting their profit interest 0.2% from them without the problem. Henceforth, you can check the traders who have been part of the site get the exact information about it.

[maeusi]

Yobit investbox pays out interests correctly. But it is although important to take care of coins that are listed there. If interests are unrealistic high, then only for the reason that they are sold. When you do a little research on the market, then you see that some new cryptos (of course not all) are on the market with a price of one satoshi and with low movements. So i guess, they are only baught by investors, who want to get the high interests.

[shield132]

There was discussion about that in one thread. They offer us really good %, imagine daily 0.2%, in 100 day you will get 20% return and in one year you get 73%. Who the hell cares about working, just invest in yobit and your life will be amazing (joke of course). Guys if this would be microsoft, I would trust but yobit? No way, no one will work for you and give so huge percent, it works for now but many people will cry if they invest here.

[eagleman]

There was discussion about that in one thread. They offer us really good %, imagine daily 0.2%, in 100 day you will get 20% return and in one year you get 73%. Who the hell cares about working, just invest in yobit and your life will be amazing (joke of course). Guys if this would be microsoft, I would trust but yobit? No way, no one will work for you and give so huge percent, it works for now but many people will cry if they invest here.

Damn mate, you almost got me there. As everyone says that yobit is untrusted, if they will change the minimum amount into 0.0001 BTC then I'll give it a shot.

[BitHodler]

Guys if this would be microsoft, I would trust but yobit? No way, no one will work for you and give so huge percent, it works for now but many people will cry if they invest here.

You don't understand how things work. It's not that they will give you a certain interest rate for an infinite amount of time ~ they'll pay out as long as there are coins left to pay out with.

If there are no more coins left to pay people with, then obviously you won't get anything. It's funny how people believe this is something supposed to last for a long time.

If that was Yobit's intention, and they advertised with that as their main benefit, then it would be an obvious scam. In this case, Yobit is just trying to attract newbies ~ nothing wrong with this.

Can you trust them? Well, that's for anyone a personal matter. I think it's a complete shit exchange, but that doesn't make them untrustworthy. Noobs love these exchanges due to the huge number of alts they list.

[john2231]

There was discussion about that in one thread. They offer us really good %, imagine daily 0.2%, in 100 day you will get 20% return and in one year you get 73%. Who the hell cares about working, just invest in yobit and your life will be amazing (joke of course). Guys if this would be microsoft, I would trust but yobit? No way, no one will work for you and give so huge percent, it works for now but many people will cry if they invest here.

Honestly its risky to invest in yobit but since its an old trading site and still now its alive you can invest but i can not guaranteed that your bitcoin will be safe.. and yobit is well know super delay in support and look at the yobit account here in forum they are scam accusation and receive a negative trust from DT so if you want to invest without worrying about your money you can invest but i can not say that investing in yobit is safe..
Anytime soon that trading site can be scam and down. or that site can be legit but they are just delayed in support responds.

[subSTRATA]

There was discussion about that in one thread. They offer us really good %, imagine daily 0.2%, in 100 day you will get 20% return and in one year you get 73%. Who the hell cares about working, just invest in yobit and your life will be amazing (joke of course). Guys if this would be microsoft, I would trust but yobit? No way, no one will work for you and give so huge percent, it works for now but many people will cry if they invest here.

Honestly its risky to invest in yobit but since its an old trading site and still now its alive you can invest but i can not guaranteed that your bitcoin will be safe.. and yobit is well know super delay in support and look at the yobit account here in forum they are scam accusation and receive a negative trust from DT so if you want to invest without worrying about your money you can invest but i can not say that investing in yobit is safe..
Anytime soon that trading site can be scam and down. or that site can be legit but they are just delayed in support responds.

I've been gone far too long, didn't see they had open scam accusations. I've looked around, and even though their forum account has been online at the very least recently, it seems the complaints against them have not been getting resolved. I know their customer support is pretty terrible, but they've managed to resolve their issues in the past. until those issues are resolved and their intents behind this investment system are explained publicly, I'd advise against sending any coins to yobit.

[Ctn]

In first place I don't believe in yobit investbox. But I'm seeing lots of proof around but they are not pretty convincing to me. I am actually very choosy when it comes to putting my money in hold with exchangers and that too with negative trust in between. Though they are paying according to some users but I believe it's temporary. No exchanger or service like that will be profitable for long time as bitcoin price is volatile and their interest rates are fixed. What if the price of bitcoin moves dramatically up and down, will they still be able to payback that much of money. I doubt so.

[btcney]

Link of Page: https://yobit.net/en/investbox/

They promise to pay 0.02% a day on BTC, daamn, Means i invest 5 BTC and i can get 0.3 BTC a month??

Is it true?? Or a Scam??

Okay, first of all let's just quote what yobit has said on their site:

Invest your free coins to InvestBox! It’s a tool for devs to promote their coins. It’s NOT Pyramid/HYIP, all payments are made from special fund.

If this does not ring warning bells for you already honestly i don't know what will. It is a tool for devs to promote their coins? Oh great, so are you saying that Dogecoin devs are paying 0.2% a DAY on investments just so that more people can use their coin? Or maybe bitcoin core is promoting bitcoin as well? And why are you already mentioning it's not a pyramid or HYIP? Nobody even suspects it, right??? 

Anyways, there is nothing you can do to find out where the profits originate from. What a "special fund" is is beyond my understanding of bitcoin businesses. It could be legit, but it's most likely a scam of the ponzi variety. It is likely that they will cite some unforeseen issue and close this down when the profits become too unmanageable.

[alva5763]

I tried to reinvest in bitcoin today but received message stating there were not enough funds to make payment so funding was refused. If it was untrustworthy or a hyip my funds would have been accepted. Took a small risk on Bitok at 1% daily.