Yobit Token (YO)

WesleyD777 4

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WesleyD777 posted on February 22, 2020 03:16:05

Please avoid Yobit. They are an unregulated exchange in Russia with an easily researched history of scamming customers. In my own case back in 2017 I transferred 13 ETH to them to trade with (as their token prices were better than other exchanges) and the funds arrived but were never credited to my account. 12 months of regular emails to support were never answered once.

Mine is not Click here to see more... the only such case as a quick google, FB or Youtube search will show. Their usual m/o is to let you trade a coin then block your withdrawal and claim that the wallet for that coin is in maintenance, and it will remain in maintenance for ever. If they do this to you simply create a new account with a different email address and you will be able to see that on your new account the Wallet in question is not marked as being in Maintenance.

They also do not remove defunct coins or will release coins with similar sounding names to real coins in order to deceive users.

There are social media groups dedicated to exposing Yobit but it does not help much as new complaints arrive all the time. Personally I think that recommendation sites such as this one need to be more vocal about advertising such bad actors.