Yobit scam ? Trade lost money

[mandor]

yobit exchange simply means the market for shitcoin and in terms of withdrew long before they took the identity of scamming so refrain from this exchange. Also those who are new faces in the crypto market just their deposit fund in this scamming exchange but also many old people are now wary.

information that is very necessary for all who do not know, because I have never used yobit so I can't say anything but if there is information that can explain properly it should be appreciated, and thank you for your information.

I ever to tried trading at Yobit and indeed there is are lots of shitcoins to trade on this exchange. bottom line, if there is a lot of shitcoin on that exchange then it is not a good place to trade like Yobit. so, avoid this kind of exchange from now on!

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[blue_hurricanger]

I 'm Trade lost money, lose pennies, send support tickets, not an answer.
I'm so disappointed. I will never go back to it.
Here I warn those who trade on it.

Youbit already declared as a scam exchange, many years ago. But there are some people who dont have enough analysis, become the victim of this exchange. Cause their fake fame, fake reputational article about them makes people do believe on them (youbit)

I may know their reason why they still use yobit exchange site. Some people aware about this but they still using yobit caused by they have no choice. sometimes yobit is the only exchange site that has listed their coin and that makes them all have no choice instead of trade their token on the yobit exchange site.

This only works for back then when there are not many exchanges or one with low fees that reasonable for a new coin. Today, there's plenty of exchange with a very good reputation and not a cutthroat list fee. New coins has many offers to list their coin so Yobit doesn't relevant anymore. All for the best so people won't become victims of their bad practice.

[cornl]

I've been hearing that YoBit is a scam since the start of my crypto-journey in 2017. Somehow it exists till today. Not a financial advice as I have never used it personally (partially due to this accusations) but that must keep one thinking.

[Indymoney]

I've been hearing that YoBit is a scam since the start of my crypto-journey in 2017. Somehow it exists till today. Not a financial advice as I have never used it personally (partially due to this accusations) but that must keep one thinking.

There was few scam accusations some time ago but mostly because they have too many shit coins and they was pumping them for good profit and they are still going with these all so just because of this too much concern about this exchange and few time they have wallets under maintainance which take long time to settle deposites and withdrawals I personally use few times and have never any issue as mostly I love to sell Bitcoin, Litecoin and Ethereum for Perfect Money so its works good for me in this all.

[rajuodedra5556]

Whatever airdrops are running on yobit exchange, will these be real airdrops

[Indymoney]

Whatever airdrops are running on yobit exchange, will these be real airdrops

No most of them are just time wasting and not worthy for any one so don't try these shit airdrops.

[pallang]

Whatever airdrops are running on yobit exchange, will these be real airdrops

Yes real airdrops but shit coin. Havent you notice most of the comments dont like yobit, if you can avoid yobit do it, dont ever trade on that exchange

[Nazmul012]

Its not clear what do op trying to say. It's normal if you lose money on trading. Because That can be easily happened with newbie traders.  But if you lose your money/ money get disappeared without any reason, then that's a great problem. You had better to ignore yobit exchange, that's not safe for you. only a few are support yobit

[Defimwh]

Yes stay away from yobit. I also have bad experience with them. I invest on their coin that call liza for investbox, all of sudden they remove 100m for 1 coin. So if you have 100m coin you get 1 coin left. they did this once or twice, they call it denomination. They basicaly just make one tweet about it and only wait for 24 hour then remove it. I'm not someone who look at twitter 24/7. So i missed it and lost almost all the value of my capital. Since then i never open that exchange ever unless i have to.

[Shallow]

Although this is a very old post I still wish to air my own opinion as this is a matter that affect everyone in one way or the other. Now I do not know what exactly you did to lost money but my own concern is about the aspect where tickets were sent to the support team and nothing was done about, it is really uncalled for. During trading in exchanges issues can likely occur and the best way to get it solved is through sending a ticket to the support, that means that, the faster the support team answers the faster your issues gets solved, and this is certainly one of the factors that sets major exchanges ahead of others.
Also, about this particular exchange, it better to overlook it and focus on the likes of Binance, OKEx etc this Yobit is known to have many fake volumes and worthless coins, to crown it all, inactive or unresponsive customer care executives.

[Rodeo02]

Although this is a very old post I still wish to air my own opinion as this is a matter that affect everyone in one way or the other. Now I do not know what exactly you did to lost money but my own concern is about the aspect where tickets were sent to the support team and nothing was done about, it is really uncalled for. During trading in exchanges issues can likely occur and the best way to get it solved is through sending a ticket to the support, that means that, the faster the support team answers the faster your issues gets solved, and this is certainly one of the factors that sets major exchanges ahead of others.
Also, about this particular exchange, it better to overlook it and focus on the likes of Binance, OKEx etc this Yobit is known to have many fake volumes and worthless coins, to crown it all, inactive or unresponsive customer care executives.

And they are also one of the worst support if you are long time users of that exchange you will have idea why I say that. Once you have problem don't expect them to give response by a support ticket its better to make a chat in thier chat room so one of the representative can answer your problem directly there.

[sksaddam]

1 year ago I lost 2 eth in yobit exchange.They banned my yobit account.Now avoid this exchange.

[Tahid12]

I avoid buying tokens or doing trade on yobit exchange cause Some friends of mine, had have worse expriance while trade on that exchange. they explain so to me & warned about yobit, not to trade on it. After then, i avoid Youbit exchange.moreover youbit exchange paid bloggers and also get in touched with some top ranked crypto related websites for publish about some good quality article & review about themselves so that person like op can easily get trapped by them

[dunfida]

I avoid buying tokens or doing trade on yobit exchange cause Some friends of mine, had have worse expriance while trade on that exchange. they explain so to me & warned about yobit, not to trade on it. After then, i avoid Youbit exchange.moreover youbit exchange paid bloggers and also get in touched with some top ranked crypto related websites for publish about some good quality article & review about themselves so that person like op can easily get trapped by them

Sad to hear out on what happened this is why its really important to make up some research first before using any service on this market because you wouldnt know if they had good reputation or do have a bad one.
Majority of users of this forum had known about Yobits popularity when it comes on being shady. hehehe. You would really be expecting that there would be lots of banners, articles and other source of possible
mediums that would be advertising them since they do have the money to spend then its most likely you would see those flyers or ads.For your friends then this would be a lesson learned for them
and on why the heck they do end up with Yobit if theres Binance or other top markets which is way more better.

[pealr12]

I dont know why there are still people who wants to trade on that exchange even they already see bad comments on that exchange. I remember the last time i trade on yobit it was 2018 , and i dont want to trade on that exchange again.

[JahriMeayer]

First of all, I'm feeling sorry for op. i notice op is inactive since start of last years and thread created about two years ago but I'm answering so that people could be helped by it. Yobit was popular an exchange, it has been running business since last six years.Yobit is actually but shit exchange that i ever exprianced.nearly 493 active project available there but large number of shitcoins & creating fake volume.even withdrawal gas fee quite higher than others. So i think youbit should be ingored, including those IEOs, launched through it

[shinratensei_]

I dont know why there are still people who wants to trade on that exchange even they already see bad comments on that exchange. I remember the last time i trade on yobit it was 2018 , and i dont want to trade on that exchange again.

there were shitcoins that have not listed anywhere other than yobit. Those people have no choice to trade their shitcoins expect yobit. There are still also yobit supporters.
It has reflected from how active the yobit's trollbox.

I never use this shitty exchange site again but it looks like the majority of yobit users were coming from the shit coins traders and its own forum members.
You can check it how active the yobit's telegram group too. that's why yobit is still alive till this time.

[Strongkored]

I dont know why there are still people who wants to trade on that exchange even they already see bad comments on that exchange. I remember the last time i trade on yobit it was 2018 , and i dont want to trade on that exchange again.

there were shitcoins that have not listed anywhere other than yobit. Those people have no choice to trade their shitcoins expect yobit. There are still also yobit supporters.
 

As far as I know, that coin made by Yobit without a chain so it is very impossible to be listed other exchange because the coin cannot be transferred anywhere, and Yobit continues to do this by making new coin sales, do pump after that the price dump rapidly, not even have value anymore.