YOBIT EXCHANGE SCAM peoples in YODA and DICE coins

[Eureka_07]

From time to time I visit this page because surprisingly I still have some active referrals from 4-5 years ago, and recently I was surprised to see on the balance some DICE coin worth a total of 0.07BTC - there is only one small problem, there is no withdrawal nor does anyone buy it so I just picked up the referral earnings and

I actually got 14,000,000 DICE. Sold it and got 1200+ DOGE as what I remember. I don't know why I had that much.

paid an incredible 120 000 satoshi withdraw fee of which 70 000 ended up in YoBit pocket.

You can exchange those satoshis on other withdrawable coins... like XRP. It has much lower transaction fee on yobit, for about 0.5 XRP only.
That's was my way of making withdrawals from Yobit. 1.2mBTC is a huge fee, I'll never withdraw funds with that kind of fee.

[Bitcoin_bullish]

Hi there.
I have been on Yobit, for almost a year now. Yobit was the first exchange I joined in, and in all honesty, I've loss my early investments there (small investments).

I'm a little confused about what you said. Since yobit was your first exchange and you are just almost one year there then why is your bitcointalk account three years old? Don't get me wrong but I'm trying to find the logic in this.

Anyway, about Yobit and the shitcoins, it is not what an exchange that at least trying to look legit would do. All these yobit coins and ICO's are not actual tokens, probably just random numbers on their centralized exchange which they can manipulate at will. Also, I believe that we should not blame the victims as probably they have no idea what is going on. They found this exchange bought some altcoins no one knows about and thought they would pump with the rest of the market. Exactly as investors do all this time. No due diligence or even a simple google search to find what is going on. Still, the dishonest part under these circumstances is not the victims but Yobit.

[o_e_l_e_o]

DICE still can be traded against Dogecoin.

It was only created a month ago. Even for Yobit, it usually takes a few months for the trade volume to disappear completely. Still, the fact that there is 1,247 BTC worth of DICE sell orders at a single satoshi with zero volume for weeks should tell you all you need to know about this scam.

No worries for Yobit though. They don't care about all their users losing money. All they have to do is come up with a new name and repeat literally the exact same process again next month. Maybe CLONE or PONZI would be a good name for their next scam "coin".

Since yobit was your first exchange and you are just almost one year there then why is your bitcointalk account three years old? Don't get me wrong but I'm trying to find the logic in this.

I've never used a single centralized exchange, and I don't plan on ever using one. Using a centralized exchange is not a requirement for being interested in or using bitcoin.

[sujonali1819]

Any coin made my yobit only for their yobit exchange must be a scam. All of the newly launched coins in yobit were getting scam/price goes to near zero after few days or months. Even you should not trust them while you make a deposit in yobit. Because most of the time Some coins withdrawal keeps maintenance. So better to check all info before making any deposit. Otherwise after making deposit you can not withdraw them or you have to sell the coin with loss to withdraw the fund with other coins/token.

[Stedsm]

@Op, you were waiting for them to prove you that they're scam or what? They've had been scamming people since ages (sarcasm) and they have too many accusations that you can't even count. What made you think that their YODA is worth anything? They started it at around 700 sats (yes, even I got some YODA) and came up with a scheme that you'll need to invest it in their shit investment schemes and play on their dice in order to meet the requirements for getting your Yoda daily % or just forget your coins. That was the worst shit, and stop saying that they're alone responsible for this. What do you think? People who got it for free weren't dumping this shit at all? I'm not defending them but this was a free token and was meant to be dumped.

[LbtalkL]

With what I know Yobit has an airdrop or promotion giving away free YODA, It is understood that more people have that coin, so if people got it for free they are willing to sell it no matter what is the price. That could be the reason of dump or just market movement that's how it works in crypto. On the other hand I believe yobit is a shady exchange, if you visit scam accusation board there is a lot of topic about them.

[Bitcoin_bullish]

Since yobit was your first exchange and you are just almost one year there then why is your bitcointalk account three years old? Don't get me wrong but I'm trying to find the logic in this.

I've never used a single centralized exchange, and I don't plan on ever using one. Using a centralized exchange is not a requirement for being interested in or using bitcoin.

This is a good explanation, probably I didn't give it too much thought. In fact many wouldn't want to use a CEX at any point. Also someone might just have interest in Bitcoin and doing some research to understand what is going on before investing. I did something similar for months, although I was looking into a few wrong sources.

[Eureka_07]

Hi there.
I have been on Yobit, for almost a year now. Yobit was the first exchange I joined in, and in all honesty, I've loss my early investments there (small investments).

I'm a little confused about what you said. Since yobit was your first exchange and you are just almost one year there then why is your bitcointalk account three years old? Don't get me wrong but I'm trying to find the logic in this.

Do I need to trade on exchanges upon my registration on Bitcointalk? Does it matter?

Since the day that I joined here, I just participated on bounties and campaigns. I never invested on anything, specifically I did not invest on trading. That is because I am afraid that I'll just lose my money.  And there's a lot more that I need to know before using my money on any investments. I only started trading in the year 2019 because that was the time I got the some courage to do so.

[notblox1]

Best advice for Yobit exchange would be to AVOID and never use it.
All their fake coins without blockchain are pure pump&dump for them to profit and earn more bitcoins.

[Lucius]

You can exchange those satoshis on other withdrawable coins...

I know most altcoins have very low withdraw fees, but honestly I’m not a fan of them and I’m willing to pay a much higher price just so I don’t have to play with them. As I said in a previous post, the only reason I visit that exchange sometimes is because I have some active referrals that generate passive profit for me - not much, but it would be stupid to leave it there.

I will definitely try to sell that DICE for anything, and if I can get some DOGE, I wouldn’t mind that

[Bitcoin_bullish]

Hi there.
I have been on Yobit, for almost a year now. Yobit was the first exchange I joined in, and in all honesty, I've loss my early investments there (small investments).

I'm a little confused about what you said. Since yobit was your first exchange and you are just almost one year there then why is your bitcointalk account three years old? Don't get me wrong but I'm trying to find the logic in this.

Do I need to trade on exchanges upon my registration on Bitcointalk? Does it matter?

There is a difference between "upon" and "two years later".  Anyway I have already answered on my post above.

[skarais]

hi guys
another SCAM from yobit exchange in YODA and DICE coins YOBIT team dumped YODA
from 250 - 300 satoshi to 3 satoshi in few weeks and also SCAM peoples in DICE this
was the biggest SCAM they dumped DICE from 14000 satoshi to 3000 satoshi in few days only
stay away from YOBIT EXCHANGE and if you have account withdraw fast your money

Dice and Yoda do not have blockchain and were created as discarded coins, only airdrop and all Yobit account members have 7 million DICE each. Sell ​​and have fun to get free DOGE.

[khaled0111]

Yobit is one of the shadiest exchanges out there and there are many open scam accusations against them.
Even if you exchange their shitcoin for doge you will get aro~2$ worth of doge.

It looks like they are promoting their new scam shitcoin now (DLRS). Just to understand how shady they are and how far they would go to deceive their customers: when you visit their website you will see

Register and Get 1700 Free Dollars!

dollars!! How deceiving is that!

[robelneo]

The word
 scam is strong accusation, do you have proof?
you don't just call out anyone with out backing up with proof or something sort of image otherwise no one can prove you innocent.

You don't roam much in this forum or you are not frequenting the scam section so you can check if Yobit is a clean exchange or not, there are so many scam accusations on Yobit, so if anyone comes here even without a proof people will just agree, I don't agree that you just posted without proof but it's Yobit and they are notorious on this, so people will just advice to stay away from this forum to protect their investment.

[Peanutswar]

This is not new we all know that yobit is one of the poorest exchanges right now and this is the reason why only a few people are using this exchange but still there are some playing in this platform which is the use of their dice.

I'm previously part of their platform because I want to try different exchanges most of the time I'm using their altcoins which is ripple for making transactions. One day I experience a little traffic and error and it takes 2 days before they make an action because you need to pay them before you will use their service.

Also right now they dump the dice and I've got now almost 7000 dice if you are trying to look this it's already dumped. I'm not saying this is a scam but still, the market is volatile so no one knows what if the dice again goes up.

[Shimmiry]

It is normal to Yobit to support pumps and dumps. Actually they are announcing it if they will pump some coin( at Yobit & their twitter).
We know that supporting pump and dump scheme is not good. That is one of the main reason why Yobit is called as a scam. Shady scam because they are running these kind of schemes. But you will not lose your money if you did not invest on those shitcoins  that they are commonly launching.

[irookworst]

hi guys
another SCAM from yobit exchange in YODA and DICE coins YOBIT team dumped YODA
from 250 - 300 satoshi to 3 satoshi in few weeks and also SCAM peoples in DICE this
was the biggest SCAM they dumped DICE from 14000 satoshi to 3000 satoshi in few days only
stay away from YOBIT EXCHANGE and if you have account withdraw fast your money

Are you really that stupid? Remove this post, you are callling an airdrop a scam!
They gave you free money and because you dont understand how a crypto market works it is a scam?
Yobit doesnt owe any trader to support their airdrops wich they actually did. Opening price doesnt mean anything, demand and supply.
Many enjoyed the free money and made more, you are really a sad person. Where are your posts that bitcoin gold and bitcoin diamond are a scam or any airdropped coin that lost value?
There is even an investbox giving % daily!
And all those people agreeing with the topic, are we 8 years old?
It is disgusting, a gift isnt good enough. You want them to mail you a 100$ with some cold beers every week?

[RabbiTANK]

hi guys
another SCAM from yobit exchange in YODA and DICE coins YOBIT team dumped YODA
from 250 - 300 satoshi to 3 satoshi in few weeks and also SCAM peoples in DICE this
was the biggest SCAM they dumped DICE from 14000 satoshi to 3000 satoshi in few days only
stay away from YOBIT EXCHANGE and if you have account withdraw fast your money

That's not a scam, is that YODA not a airdrop? If the price of a token dumped it's never the exchange fault, this is wrong accusation unless you have a genuine proof to back this up? I don't like using Yobit and Hitbtc because of past reasons but this accusation of yours doesn't make sense

[irookworst]

I have reported this post and i ask others to do the same. Calling free money a scam and giving false info on how much it got dumped isnt just insane but ungratefull. Please remove this post, quality of bitcointalk is going down because some 20 year old is angry because he lost money. Yoda was 50$ for free, dice was 5$ for free in dogecoin. What other exchange gives that for free? What idiot complains about the price of an airdrop?

[Slow death]

What other exchange gives that for free?

in the case of yobit, as far as I could see, people had to meet certain requirements to be able to have this yoda, so it was not free, it was payment for the service that people provided and yobit paid them. of course the price would fall because there would be no demand since this altcoin had no purpose and yobit is very fond of creating altcoins without any purpose

What idiot complains about the price of an airdrop?

most people complain because they had to do some task in order to earn these coins, so they expect the price to be something big