How to cancel investment plan on yobit investbox?

[Trastormborn]

Hi guys,

I accidentally created my investment plan through [create new plan] on yobit investbox, and I'd like to cancel it. Does anyone know how to cancel the investment plan on yobit? if so, I would appreciate that a lot!

Thanks!

[timerland]

Hi guys,

I accidentally created my investment plan through [create new plan] on yobit investbox, and I'd like to cancel it. Does anyone know how to cancel the investment plan on yobit? if so, I would appreciate that a lot!

Thanks!

Go to https://yobit.net/en/investbox/ and see on the right hand side column, you should see "my investments".

Unless they have changed the terms which I don't see any, you are able to close your plans at any time. There should be an option for you to get your plan closed, and all you need to do is click that button and you should get your balance credited. Although, you'll not get the interest if you haven't invested for 24h.

But please don't invest anything into yobit's investbox, it's most likely some kind of ponzi that is run by yobit. They claim that it's for the devs to promote their coins, but I doubt any devs would put their own money up for grabs to promote already successful coins such as BTC. They're offering just an absurd amount of profit, which resembles a ponzi scheme (although not confirmed).

[leowonderful]

A better alternative would be lending to an more reputable exchange. Yobit's not a great exchange in my book from past experiences with them (delayed withdrawals and deposits, wallet problems all the time, etc.), but loaning to an exchange can sometimes be more profitable and more secure than using Yobit's investbox. I've seen numerous negative reviews from a thread about the Investbox (https://bitcointalk.org/index.php?topic=1922048.120), and I wouldn't recommend continuing to invest there. The vagueness of the Investbox's description doesn't exactly help.

Note that there's always risk when your coins are outside a wallet that you control. I would not suggest putting all your eggs in investing to exchanges. Only invest what you can afford to lose.

[magneto]

I think what he meant isn't that he invested into the yobit investbox. Instead, he most likely accidentally clicked on the "create new plan" button on that page which took him to pay and create a new investment plan.

In that case, I don't think you can get a refund. Unless you are able to somehow get ahold of yobit support which is very unlikely.

A better alternative would be lending to an more reputable exchange. Yobit's not a great exchange in my book from past experiences with them (delayed withdrawals and deposits, wallet problems all the time, etc.), but loaning to an exchange can sometimes be more profitable and more secure than using Yobit's investbox. I've seen numerous negative reviews from a thread about the Investbox (https://bitcointalk.org/index.php?topic=1922048.120), and I wouldn't recommend continuing to invest there. The vagueness of the Investbox's description doesn't exactly help.

Note that there's always risk when your coins are outside a wallet that you control. I would not suggest putting all your eggs in investing to exchanges. Only invest what you can afford to lose.

Obviously the investbox in yobit is shady as hell, and I would never go near it. But OP's problem probably isn't that he invested in one of those plans. His problem is that he created one of those investment plans which he had to pay for, for others to invest in.

[great0ne]

Yes OP I think ur in trouble if u already paid. Try reach out to yobit support and ask them for refund.

[Trastormborn]

I think what he meant isn't that he invested into the yobit investbox. Instead, he most likely accidentally clicked on the "create new plan" button on that page which took him to pay and create a new investment plan.

In that case, I don't think you can get a refund. Unless you are able to somehow get ahold of yobit support which is very unlikely.

A better alternative would be lending to an more reputable exchange. Yobit's not a great exchange in my book from past experiences with them (delayed withdrawals and deposits, wallet problems all the time, etc.), but loaning to an exchange can sometimes be more profitable and more secure than using Yobit's investbox. I've seen numerous negative reviews from a thread about the Investbox (https://bitcointalk.org/index.php?topic=1922048.120), and I wouldn't recommend continuing to invest there. The vagueness of the Investbox's description doesn't exactly help.

Note that there's always risk when your coins are outside a wallet that you control. I would not suggest putting all your eggs in investing to exchanges. Only invest what you can afford to lose.

Obviously the investbox in yobit is shady as hell, and I would never go near it. But OP's problem probably isn't that he invested in one of those plans. His problem is that he created one of those investment plans which he had to pay for, for others to invest in.

Yea, I sent them ticket and also shoot a PM to some of the admin their but no response yet. I was stupid to made that mistake, and now I feel a shame on myself. That money is the money that I'm gonna pay for my uni for next trimester on July. it's a lot of money for me to be honest.

[Trastormborn]

Yes OP I think ur in trouble if u already paid. Try reach out to yobit support and ask them for refund.

Yea mate, I'm in a big big trouble right now. Although I already sent them a tickets but they're not response yet, all I can do now is pray for myself and wish them to response me asap.   

[magneto]

I think what he meant isn't that he invested into the yobit investbox. Instead, he most likely accidentally clicked on the "create new plan" button on that page which took him to pay and create a new investment plan.

In that case, I don't think you can get a refund. Unless you are able to somehow get ahold of yobit support which is very unlikely.

A better alternative would be lending to an more reputable exchange. Yobit's not a great exchange in my book from past experiences with them (delayed withdrawals and deposits, wallet problems all the time, etc.), but loaning to an exchange can sometimes be more profitable and more secure than using Yobit's investbox. I've seen numerous negative reviews from a thread about the Investbox (https://bitcointalk.org/index.php?topic=1922048.120), and I wouldn't recommend continuing to invest there. The vagueness of the Investbox's description doesn't exactly help.

Note that there's always risk when your coins are outside a wallet that you control. I would not suggest putting all your eggs in investing to exchanges. Only invest what you can afford to lose.

Obviously the investbox in yobit is shady as hell, and I would never go near it. But OP's problem probably isn't that he invested in one of those plans. His problem is that he created one of those investment plans which he had to pay for, for others to invest in.

Yea, I sent them ticket and also shoot a PM to some of the admin their but no response yet. I was stupid to made that mistake, and now I feel a shame on myself. That money is the money that I'm gonna pay for my uni for next trimester on July. it's a lot of money for me to be honest.

How much was lost? (if you're not willing to provide exact figures, maybe just a range)

Your only hope really resides on yobit support responding to you and hopefully actually taking action in trying to recoup what was lost. From my experience, yobit support is extremely unresponsive and unreliable in general. Since you executed everything voluntarily and nobody scammed you, they can probably cite that as a reason against refunding. Also, to my understanding of how yobit's investbox which is limited due to the amount of info they put out of how it works, as soon as you create a plan, people are able to invest and make a profit in that plan. So your funds may already have ended up in other people's accounts now.

I'd say consider this money gone, and consider this a lesson learned.

If this was money that was really important to you, you should have never stored it with yobit in the first place. In fact, you shouldn't have stored it with any exchange because anything could happen when you don't have full custody over your coins. Why did you even try to poke around with the investbox things?

[Trastormborn]

I think what he meant isn't that he invested into the yobit investbox. Instead, he most likely accidentally clicked on the "create new plan" button on that page which took him to pay and create a new investment plan.

In that case, I don't think you can get a refund. Unless you are able to somehow get ahold of yobit support which is very unlikely.

A better alternative would be lending to an more reputable exchange. Yobit's not a great exchange in my book from past experiences with them (delayed withdrawals and deposits, wallet problems all the time, etc.), but loaning to an exchange can sometimes be more profitable and more secure than using Yobit's investbox. I've seen numerous negative reviews from a thread about the Investbox (https://bitcointalk.org/index.php?topic=1922048.120), and I wouldn't recommend continuing to invest there. The vagueness of the Investbox's description doesn't exactly help.

Note that there's always risk when your coins are outside a wallet that you control. I would not suggest putting all your eggs in investing to exchanges. Only invest what you can afford to lose.

Obviously the investbox in yobit is shady as hell, and I would never go near it. But OP's problem probably isn't that he invested in one of those plans. His problem is that he created one of those investment plans which he had to pay for, for others to invest in.

Yea, I sent them ticket and also shoot a PM to some of the admin their but no response yet. I was stupid to made that mistake, and now I feel a shame on myself. That money is the money that I'm gonna pay for my uni for next trimester on July. it's a lot of money for me to be honest.

How much was lost? (if you're not willing to provide exact figures, maybe just a range)

Your only hope really resides on yobit support responding to you and hopefully actually taking action in trying to recoup what was lost. From my experience, yobit support is extremely unresponsive and unreliable in general. Since you executed everything voluntarily and nobody scammed you, they can probably cite that as a reason against refunding. Also, to my understanding of how yobit's investbox which is limited due to the amount of info they put out of how it works, as soon as you create a plan, people are able to invest and make a profit in that plan. So your funds may already have ended up in other people's accounts now.

I'd say consider this money gone, and consider this a lesson learned.

If this was money that was really important to you, you should have never stored it with yobit in the first place. In fact, you shouldn't have stored it with any exchange because anything could happen when you don't have full custody over your coins. Why did you even try to poke around with the investbox things?

I lost $10,000 worth of USD. I'm sad because this money is actually for my education but I would like to gain some profits instead of leave my coins sitting in the wallet, and greedy took over me eventually.

I'm kinda new to yobit website and that where I made a mistake. I accidentally clicked "create my plan" instead of invest in existing plans, thought it was the correct way to do it and I pay the price. Subsequently, I realise that and tried to sent a ticket via support channel and wait them to response me. However, when I did my research I found out that yobit support is take a long time to response to their customers so that make me concern about my case. I hope everthing is going well and I get a refund. if not, It's a lesson learned for me and I swear I'll NOT get involve with this exchange ever again.  

[timerland]

I lost $10,000 worth of USD. I'm sad because this money is actually for my education but I would like to gain some profits instead of leave my coins sitting in the wallet, and greedy took over me eventually.

I'm kinda new to yobit website and that where I made a mistake. I accidentally clicked "create my plan" instead of invest in existing plans, thought it was the correct way to do it and I pay the price. Subsequently, I realise that and tried to sent a ticket via support channel and wait them to response me. However, when I did my research I found out that yobit support is take a long time to response to their customers so that make me concern about my case. I hope everthing is going well and I get a refund. if not, It's a lesson learned for me and I swear I'll NOT get involve with this exchange ever again.  

That sucks. IIRC Yobit offers 0.2% per day on BTC investments which is shady as hell. They justify that by saying payments are made from a "special fund" which makes absolutely no sense and doesn't explain anything. That should have been an alarm bell already.

So even if you actually invested and pressed the right buttons, you're investing in an extremely high risk investment that is most likely a ponzi, and is only backed by the reputation of a shady company in yobit.

Unfortunately, I do not think that you have much of a chance of getting this issue resolved with yobit support. They are known to be consistently one of the worst support teams out there. They won't even respond to your messages or even give a negative response.

Just try to avoid yobit or anything that they offer, it's not worth it.

[buwaytress]

I don't like to be the ladder that falls on the guy who fell off it, but... what on earth were you doing depositing $10k worth of crypto onto an exchange? And one like Yobit even..?

I actually have used the platform before, back when I actually played around with tokens and stuff. You really must be more careful with your funds. If you have a little more, deposit enough so you can chat in the chatbox (think it used to be 0.001 BTC) and get hold of one of the mods there. Offer to pay some kind of fee for having to deal with the trouble maybe (since it will be a hassle for their obviously already overworked support). If you get it back, don't look back. Pay your fees and bills. Don't play with money you can't afford to lose.

[magneto]

I don't like to be the ladder that falls on the guy who fell off it, but... what on earth were you doing depositing $10k worth of crypto onto an exchange? And one like Yobit even..?

I actually have used the platform before, back when I actually played around with tokens and stuff. You really must be more careful with your funds. If you have a little more, deposit enough so you can chat in the chatbox (think it used to be 0.001 BTC) and get hold of one of the mods there. Offer to pay some kind of fee for having to deal with the trouble maybe (since it will be a hassle for their obviously already overworked support). If you get it back, don't look back. Pay your fees and bills. Don't play with money you can't afford to lose.

Agreed. There is absolutely no reason for anyone to deposit BTC in an exchange for storage, because it's just not secure, and many problems can arise. Let alone in OP's case where his BTC was actually something that he cannot afford to lose.

I think what he meant isn't that he invested into the yobit investbox. Instead, he most likely accidentally clicked on the "create new plan" button on that page which took him to pay and create a new investment plan.

In that case, I don't think you can get a refund. Unless you are able to somehow get ahold of yobit support which is very unlikely.

A better alternative would be lending to an more reputable exchange. Yobit's not a great exchange in my book from past experiences with them (delayed withdrawals and deposits, wallet problems all the time, etc.), but loaning to an exchange can sometimes be more profitable and more secure than using Yobit's investbox. I've seen numerous negative reviews from a thread about the Investbox (https://bitcointalk.org/index.php?topic=1922048.120), and I wouldn't recommend continuing to invest there. The vagueness of the Investbox's description doesn't exactly help.

Note that there's always risk when your coins are outside a wallet that you control. I would not suggest putting all your eggs in investing to exchanges. Only invest what you can afford to lose.

Obviously the investbox in yobit is shady as hell, and I would never go near it. But OP's problem probably isn't that he invested in one of those plans. His problem is that he created one of those investment plans which he had to pay for, for others to invest in.

Yea, I sent them ticket and also shoot a PM to some of the admin their but no response yet. I was stupid to made that mistake, and now I feel a shame on myself. That money is the money that I'm gonna pay for my uni for next trimester on July. it's a lot of money for me to be honest.

How much was lost? (if you're not willing to provide exact figures, maybe just a range)

Your only hope really resides on yobit support responding to you and hopefully actually taking action in trying to recoup what was lost. From my experience, yobit support is extremely unresponsive and unreliable in general. Since you executed everything voluntarily and nobody scammed you, they can probably cite that as a reason against refunding. Also, to my understanding of how yobit's investbox which is limited due to the amount of info they put out of how it works, as soon as you create a plan, people are able to invest and make a profit in that plan. So your funds may already have ended up in other people's accounts now.

I'd say consider this money gone, and consider this a lesson learned.

If this was money that was really important to you, you should have never stored it with yobit in the first place. In fact, you shouldn't have stored it with any exchange because anything could happen when you don't have full custody over your coins. Why did you even try to poke around with the investbox things?

I lost $10,000 worth of USD. I'm sad because this money is actually for my education but I would like to gain some profits instead of leave my coins sitting in the wallet, and greedy took over me eventually.

I'm kinda new to yobit website and that where I made a mistake. I accidentally clicked "create my plan" instead of invest in existing plans, thought it was the correct way to do it and I pay the price. Subsequently, I realise that and tried to sent a ticket via support channel and wait them to response me. However, when I did my research I found out that yobit support is take a long time to response to their customers so that make me concern about my case. I hope everthing is going well and I get a refund. if not, It's a lesson learned for me and I swear I'll NOT get involve with this exchange ever again. 

Good to hear that you've learned your lesson. It's not as simple as not using yobit, though.

As a rule of thumb, if you see anything promising you above 10% p.a. returns guaranteed, you should think about how they are making that money. Yobit Investbox is not a viable way to make money in the long run, because it is fishy and I believe that it will eventually collapse. It's actually somewhat good that you made this mistake, otherwise, if you actually made a profit from Investbox and thought that it was legit, it could have ended up costing you a lot more in the long run.

[akamit]

Yes OP I think ur in trouble if u already paid. Try reach out to yobit support and ask them for refund.

Yea mate, I'm in a big big trouble right now. Although I already sent them a tickets but they're not response yet, all I can do now is pray for myself and wish them to response me asap.   

How did you make this mistake?
It is clearly written that creating investment plan is just for developers and coin owners but not for those who want to earn percentages.

As you have created an investment plan for yobit users, so check your balance of that particular coin if it is deducted from your account balance or it is reducing gradually.
Whichever it has happened, you most probably won't get back anything I think because those coins are paid to users if I am not wrong.

As you know yobit's support is shit to shitty shit.
I worrying, it will be useless after the coins get distributed and they make a reply.

[Trastormborn]

How did you make this mistake?
It is clearly written that creating investment plan is just for developers and coin owners but not for those who want to earn percentages.

As you have created an investment plan for yobit users, so check your balance of that particular coin if it is deducted from your account balance or it is reducing gradually.
Whichever it has happened, you most probably won't get back anything I think because those coins are paid to users if I am not wrong.

As you know yobit's support is shit to shitty shit.
I worrying, it will be useless after the coins get distributed and they make a reply.

At that time, I was about to sleep but I was randomly found a topic on FB which is about earning some profits daily on yobit. After that, without thinking much, I opened my laptop and transfer my coins worth 1.2BTC from my electrum wallet to yobit, and again due to lack of knowledge on yobit as well as not look and read properly at that time I end up made a mistake. I know it was my fault in the first place but man, as an exchange they should support or assist their customers better than this.  

That sucks. IIRC Yobit offers 0.2% per day on BTC investments which is shady as hell. They justify that by saying payments are made from a "special fund" which makes absolutely no sense and doesn't explain anything. That should have been an alarm bell already.

So even if you actually invested and pressed the right buttons, you're investing in an extremely high risk investment that is most likely a ponzi, and is only backed by the reputation of a shady company in yobit.

Unfortunately, I do not think that you have much of a chance of getting this issue resolved with yobit support. They are known to be consistently one of the worst support teams out there. They won't even respond to your messages or even give a negative response.

Just try to avoid yobit or anything that they offer, it's not worth it.

Totally agree! Thanks for your advice!