Yobit.net Review & Free Signal for Beginners 2024
Minimum deposit
- $1
Trading platform
- Proprietary platform
Regulation
- KYC
- AML
Foundation date
- 2014
YoBit is a well-established cryptocurrency exchange renowned for its diverse range of digital assets, user-friendly interface, and commitment to security. Since its inception in 2014, YoBit has become a trusted platform for both novice and experienced traders, offering a comprehensive suite of trading options and features.
One of YoBit’s standout features is its extensive selection of cryptocurrencies, encompassing both popular coins and a variety of lesser-known tokens. This diversity enables users to explore and invest in a wide array of digital assets, catering to different investment strategies and interests.
YoBit’s intuitive interface ensures a seamless trading experience, making it easy for users to navigate the platform, execute trades, and manage their portfolios. Additionally, the exchange offers advanced trading tools and features, such as margin trading and automated bots, to meet the needs of more sophisticated traders.
Security is a top priority for YoBit, with the platform employing robust security measures, including cold storage for funds and two-factor authentication (2FA) to protect user accounts.
YoBit also supports an active community with regular promotions, contests, and a responsive support team, enhancing user engagement and satisfaction. By providing a reliable, secure, and feature-rich trading environment, YoBit has established itself as a go-to platform for cryptocurrency enthusiasts around the world.
Advantages of trading with Yobit.net:
- large selection of cryptocurrencies, there are pairs with fiat;
- simple and convenient interface of the trading terminal;
- their service coin, which can be obtained for free;
- well-thought-out investment system;
- profitable affiliate program;
- single commission for all trading operations;
- trading without KYC, which provides complete anonymity.
Disadvantages of Yobit.net:
- there is no mobile trading;
- only USD and RUB among fiats;
- there are no training programs and guides.
Yobit.net Summary 2024
💻 Trading platform:
- Proprietary platform
📊 Accounts:
- Standard,
💰 Account currency:
- Cryptocurrencies, RUB, USD
💵 Replenishment / Withdrawal:
- Bank cards and accounts, electronic and cryptocurrency wallets
🚀 Minimum deposit:
- 0.0005 BTC
⚖️ Leverage:
- Up to 1:200
💼 PAMM-accounts:
- No
📈️ Min Order:
- Zero-entry
💱 Commission:
- Market
🔧 Instruments:
- Cryptocurrencies, fiat currencies
💹 Margin Call / Stop Out:
- No
🏛 Liquidity provider:
- No
📱 Mobile trading:
- No
➕ Affiliate program:
- Yes
📋 Orders execution:
- N/A
⭐ Trading features:
- Only USD and RUB among fiats are allowed; there are many investment plans; a flat commission on all trade transactions of 0.2%; and there is virtual mining
🎁 Contests and bonuses:
- N/A
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There is no requirement to deposit funds in Bitcoins, it can be done in fiat currency too. However, the minimum deposit must be no less than that indicated in the rules of the exchange when converted to BTC at the current rate. You can store funds on your wallet in any of the presented cryptocurrencies, as well as in the US dollar and the Russian ruble. There is no leverage for trading. Technical support can only be contacted through the ticket system. You go to the appropriate section and create a request, which the specialists will answer as soon as possible. There are no other methods of communication with the exchange administration.
Yobit.net Free Trading Signals
How to get free Yobit.net trading signals?
- Create a Yobit.net account through our website link.
- After registration send us your user ID.
- If you confirm correct registration through our link you will get lifetime free trading signals.
Inehub Expert Advice for Yobit.net
The YoBit exchange is a cryptocurrency exchange with investment programs and the possibility of earning extra money from referrals. The company’s proprietary terminal is highly appreciated by users due to its functionality and convenience. It is localized into five languages. There were no failures in the service.
The YoBit exchange offers a flat commission of 0.2%, which is not typical for most modern exchanges that use a trading level system. Nevertheless, this approach turns out to be convenient for users, especially for those who are not very active in trading. Commissions for deposit and withdrawal are low, the largest fees are when working through AdvCash, for withdrawals, it is 3% in rubles and 4% in dollars.
The company offers a non-standard approach to investment. The list of investment programs is constantly updated, each program has its own cryptocurrency for entry; it also has its own interest rate. Some programs have conditions; for example, to make a certain number of transactions. Payments for such programs are the highest. The average investor’s income is 1% per day, which is very significant for large deposits.
From a security point of view, the service allows traders to maintain complete anonymity when making transactions. The platform is well protected by several modern technical solutions, including encryption. No successful hacking attempts were recorded. There were neither delays in payments nor unjustified blocking of accounts.
Trade with this broker, if:
- You seek a large selection of cryptocurrencies, as this exchange offers a diverse range of cryptocurrencies for trading, providing you with ample options to explore and diversify your portfolio.
- You appreciate a simple and convenient interface, as their trading terminal's interface is designed to be user-friendly and straightforward, making it easy for traders of all experience levels to navigate and execute trades efficiently.
- You value rewards and incentives. Their service coin, which can be obtained for free, offers additional benefits or rewards, enhancing the overall trading experience and potentially providing added value to users.
Do not trade with this broker, if:
- You prefer to trade on-the-go or need access to the markets from your mobile device. The absence of mobile trading functionality for this broker may turn out to be a limitation for you.
- You're a beginner or looking to enhance your trading skills through educational resources. The lack of training programs and guides on this exchange can be a drawback.
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Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
