A Brief Overview Of Yobit Broker:
Yobit Broker has been operating since 2015 as a crypto exchange platform that is guided by the principle of providing traders with unlimited access to crypto units. The exchange is based in Russia and is being investigated for claims of financial fraud.
Assets And Securities
Yobit offers a number of crypto assets in addition to USD and the Russian Rubble. Some of the crypto units include:
This represents a fraction of the many crypto units that are available on Yobit’s platform.
Yobit charges a flat fee of 0.2% whether buying or selling. The exchange does not operate on a maker-taker model, neither does it reward rebates to traders making orders.
Crypto deposit is free, allowing you to make as many deposits as possible. Deposit using FIAT may come at a fee dependent on the medium used.
The applicable fees when withdrawing in USD or RUR is, 0% on QIWI, payer charges 2% for RUR and 1% for USD. Visa and MasterCard will cost you 70RUR+3%
Their customer service has been criticized as being slow and ineffective. The exchange does not have a live chat, and worse even is the fact that they are not prompt in their response.
That said, you can still reach them if you have an issue you want to be sorted. For instance, you can do so by submitting a ticket or by reaching them on their twitter handle. Their twitter handle is @YobitExchange
- A large variety of crypto units.
- The exchange accepts fiat currencies.
- Limited customer support contacts.
- Lack of sufficient company’s information.
Yobit Broker nis a great platform if you consider the number of trading assets available. It, however, does not have its company’s profile. In conclusion, this can make you be in a dilemma in determining if it is legitimate or not.