YOBIT Scam Exchange

[jossiel]

i doubt i will ever recover my coins there as support is not answering a single ticket and 0.09 btc are lost in the dark as current price of limbo is nowhere near what it should be to recover.

Don't lose hope. I've read some success stories on how they were approached by the yobit's support so don't give up.

This was one new lesson, expensive one though :/

With the limbo thing, you probably believed those shills that are flooding the chat box and keeps on telling that it will give the best profits so believed and invested to it.

You didn't noticed the LAMBO, LIMBO, LIZA, LIZUN and so on.

They are likely to be the same and if I'm correct, they are the only exchange that did these forks, right?

yes these forks are enough to show Yobit is now more serious on earning profit somehow . no intention to make a better real crypto exchange , it is no mre like bitconnect scheme .
they forked btc into liza in december and after that they swapped liza twice , today itself they swapped liza as 1 new liza to 10m old liza . and after that price dipped x4 instantly . all of liza investors are in loss except some smart people who took their returns earlier .
better not to buy such coins with hope of 10% per day return .

That's very unfortunate on how they swapped coins and those investors that believed on LIZA coin are totally in loss now.

These why you don't use an exchange that has thousands of complains and to a coin that's not really being supported by most but only the traders on that exchange.

They are playing with these forks and no doubt that they are making big money on these coins, feeling sorry for the traders who are crying on the chat.

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[BitHodler]

They are playing with these forks and no doubt that they are making big money on these coins, feeling sorry for the traders who are crying on the chat.

You feel sorry for the traders suffering from Yobit's scummy behavior? I honestly don't. There is so much going on with that exchange and a couple more in the same category, that you can't miss all the complaints.

People have no right to complain if they haven't performed any prior research. What's even more pathetic is that there are people knowing what's going on with Yobit, but they ignore everything and make use of it anyway.

In that case I actually doubt whether or not these people are mentally retarded. How can anyone knowingly put money in a scumhole that is likely going to result in nothing but problems? It's a pure form of insanity.

Research comes first, usage later, and not vice versa.

[Nimbulan]

People been calling it a scam for a while now because of various reasons as not distributing forked coins on time, for taking snapshots of the blockchain whenever they want for withdrawals not going through and so on, I mean you have to be mental to keep on using the exchange with quite as decent money as 2 eth. Would just recommend to move on and do more research before throwing your money into something, that's one of the main problems new people make is just throwing money anywhere they can...

[XIE-XIE]

yobit is so incredible, invest box and others are there for related postponement I think only technical problem until now I still use it, or is there any better suggestion?

[UserU]

I've used YoBit without any issues, but I'd advise against playing on Dice.

No provably fair and it's not a good combo when you mix both exchange and gambling.

[Lifeisagame]

I've used YoBit without any issues, but I'd advise against playing on Dice.

No provably fair and it's not a good combo when you mix both exchange and gambling.

Ive actually made quite a bit money on LIZA 10% investbox. More than 20 ETH. Thats why i continued to use them even though they had deposit - withdrawal issue.

However you cant just reduce ammount of coins whenever you like. I have had limbo for sale on btc market. According to avg. daily volume, my coins would be sold in a week max. Now i can stuck my 0.0001 right up my *ss

But nevermind, not complaining just warning for new investors to be carefull while playing yobit games.

[jossiel]

They are playing with these forks and no doubt that they are making big money on these coins, feeling sorry for the traders who are crying on the chat.

You feel sorry for the traders suffering from Yobit's scummy behavior? I honestly don't. There is so much going on with that exchange and a couple more in the same category, that you can't miss all the complaints.

People have no right to complain if they haven't performed any prior research. What's even more pathetic is that there are people knowing what's going on with Yobit, but they ignore everything and make use of it anyway.

In that case I actually doubt whether or not these people are mentally retarded. How can anyone knowingly put money in a scumhole that is likely going to result in nothing but problems? It's a pure form of insanity.

Research comes first, usage later, and not vice versa.

I pity them who ended up using that exchange.

I understand that research should be prioritize by these traders and probably they are also greedy when they overheard or someone told them that they can make quick bucks on that exchange.

But instead of making money, their money was sucked. You're right that it's not an excuse if they never performed research before using yobit.

[Darklinkz]

After almost a year trading on Yobit, i give up.

2ETH cashout pending since November last year, 500xvg deposit pending for 2 months already and most recently invested 0.09 BTC (arround $700 at the time of investing) in their LIMBO coin. After 2 days (today) they made denomination so now i have 0.00014 LIMBO worth 0.47$ LOL.


Avoid them, run far away from them.

I just don't get on why are you still using it even though you are still waiting for them to resolve your isssues? The first one would be their fault but the second and third is clearly because of your stupidity. Don't put huge money on crap exchanges, always remember that.

[loughlin]

Does anyone really think he can double his money for a day with Liza, lambo, lizun, etc.. with 100% daily interest?
if you enter such a risky investment there is no basis for complaints. You need to control your greed.

[futureofeth]

After almost a year trading on Yobit, i give up.

2ETH cashout pending since November last year, 500xvg deposit pending for 2 months already and most recently invested 0.09 BTC (arround $700 at the time of investing) in their LIMBO coin. After 2 days (today) they made denomination so now i have 0.00014 LIMBO worth 0.47$ LOL.


Avoid them, run far away from them.

I just don't get on why are you still using it even though you are still waiting for them to resolve your isssues? The first one would be their fault but the second and third is clearly because of your stupidity. Don't put huge money on crap exchanges, always remember that.

Yes, why people are kept sending their BTC to yobit exchange even though they are seeing many fake coins in Yobit exchanges. Recently we have seen much negative news about the withdrawals and deposits from the community. So we have to be very careful when dealing with this exchange.

[1Referee]

Does anyone really think he can double his money for a day with Liza, lambo, lizun, etc.. with 100% daily interest?

Yes. Why would they else go for it?

if you enter such a risky investment there is no basis for complaints. You need to control your greed.

These people need to go away entirely. Their presence in the crypto world doesn't contribute to anything of worthy nature. The number of sense lacking individuals in this market is literally going through the roof. These people don't understand that they are inflating a bubble that will soon pop in their face, and it won't be a pretty pop, that's a guarantee.

I actually like to see regulators fiercely pressure these exchanges and to shut them down for ever in case they don't want to comply.

[bitcoindian]

Does anyone really think he can double his money for a day with Liza, lambo, lizun, etc.. with 100% daily interest?
if you enter such a risky investment there is no basis for complaints. You need to control your greed.

Yes, people expect very high return in short period of time, once they loose money then they starts keep spreading negative news about the exchanges but we already know yobit will list shit coins in their exchange.

[loughlin]

Does anyone really think he can double his money for a day with Liza, lambo, lizun, etc.. with 100% daily interest?
if you enter such a risky investment there is no basis for complaints. You need to control your greed.

Yes, people expect very high return in short period of time, once they loose money then they starts keep spreading negative news about the exchanges but we already know yobit will list shit coins in their exchange.

whether this is really a scam or they use people's greed to earn money? I think there's not much grounds for complaint

These people need to go away entirely. Their presence in the crypto world doesn't contribute to anything of worthy nature. The number of sense lacking individuals in this market is literally going through the roof. These people don't understand that they are inflating a bubble that will soon pop in their face, and it won't be a pretty pop, that's a guarantee.

They just want quick and easy profits, Not important way or what is behind of bubble.

I actually like to see regulators fiercely pressure these exchanges and to shut them down for ever in case they don't want to comply.

Is there any regulation or institutions that may hereby be engaged?
I'm not sure how much real evidence that this is a fraud attempt, Everything takes place on a free assessment.

[Lanatsa]

After almost a year trading on Yobit, i give up.

2ETH cashout pending since November last year, 500xvg deposit pending for 2 months already and most recently invested 0.09 BTC (arround $700 at the time of investing) in their LIMBO coin. After 2 days (today) they made denomination so now i have 0.00014 LIMBO worth 0.47$ LOL.


Avoid them, run far away from them.

I just don't get on why are you still using it even though you are still waiting for them to resolve your isssues? The first one would be their fault but the second and third is clearly because of your stupidity. Don't put huge money on crap exchanges, always remember that.

Yes, why people are kept sending their BTC to yobit exchange even though they are seeing many fake coins in Yobit exchanges. Recently we have seen much negative news about the withdrawals and deposits from the community. So we have to be very careful when dealing with this exchange.

Not only seeing recently those issues since rather from the start they do already have that kind of issue when it regards to process these kind of things.Yobit is being known to be a worst exchang even earlier last last year and even now they are still operational having those thing tied up with their name. The thing on here is that they do still able to ran of the business because they do resolve out issues without any further notice and also there are really coins in the market which do only can be found on yobit exchange and as a trader you wont have any choice but to exchange on it on where it is available.

[cydrix]

After almost a year trading on Yobit, i give up.

Wait, you've been using yobit for so long and you at this time have never heard people complain that yobit are scammers, that yobit does not do good service, that yobit does not answer the support tickets? how is this possible?

most recently invested 0.09 BTC (arround $700 at the time of investing) in their LIMBO coin. After 2 days (today) they made denomination so now i have 0.00014 LIMBO worth 0.47$ LOL.

someone posted a case that has to do with that coin

Beaware of Yobit.net

Right to the point this forum has lots of reviews from different individuals concerning a particular subject as some trading sites but how was the OP get scammed? Yeah being ignorant there are tons of different reviews regarding to that subject but the OP didn't bother to try questioning the masses about this matter not saying I'm as perfect as hell I'm also new but the basics are obviously easy when involving yourself in an unknown group or site to find out wether they're legit or not in this forum.

[richardsNY]

and also there are really coins in the market which do only can be found on yobit exchange and as a trader you wont have any choice but to exchange on it on where it is available.

Coins only being traded on Yobit means that other exchanges aren't willing to list them for obvious reasons. Why is it that people are that desperate to go for these coins? It's not that there is much to gain other than a lucky shot if you enter on time. Yobit plays with people depending on their mood and hunger for more income. It's not that it concerns only one coin, or two, or three -- there are hundreds of coins they demolished with millions in user funds lost. You can't call yourself a trader if you use an exchange as Yobit. It's Russian roulette with your hard earned funds at stake. You say that traders don't have a choice but to use a certain exchange, but that's just nonsense. You can always choose to avoid shitcoins and shitcoin exchanges....

[astrid.uchiha24]

I would recommend to avoid this exchange since the fees on transferring alts is too large, good thing i haven't encountered any problem with them although i made a trade once since there's a low volume trading there.

[edgycorner]

Well this isn't something new.Yobit is well know for being a shitty exchange.They list shitcoins giving & that too at the rate provided by devs giving zero effs about their customer's.
If something big and bad happens, then they won't hesitate in running away with all the funds lol
A shit exchange.

[1Referee]

Is there any regulation or institutions that may hereby be engaged?

Yobit in no shape or form is allowed to operate in certain countries without obtaining the right registrations, where in certain countries you even have to register yourself in various states. Yobit then seperately needs to register itself based on the variety of coins they have listed, because it's a mix of regular currencies, tokens, airdrops, etc. Yobit also needs to verify the background of those who are initiating an ICO through their platform. If people think regulators will not raid that exchange at some point, then they are delusional.

I'm not sure how much real evidence that this is a fraud attempt, Everything takes place on a free assessment.

The market isn't as free as you think it is anymore. Exchanges as Yobit have the luck on their side that regulators haven't yet raided them, but luck runs out at some point.

[junkieforcoinzzzz]

I totally forgot about this exchange tbh.  Last time I was here I dumped about 0.02 on about 30 Yobit coins a long long time ago.. going by todays rate that about 0.75 BTC if sold at todays prices.

Being a raise only market and having 2 slots is a bit of a kick in the pants, considering I JUST finally reached my first 2 sells  - not bad selling like 0.30 Yobit coins for 0.02 BTC -  so not complaining and only have profit left. But its time isnt it.. ugh