Quote from: TryNinja on May 19, 2018, 12:53:12 AM

Quote from: timerland on May 18, 2018, 11:43:53 PM

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Yobit's differential is the number of ~~shit~~coins that they accept. If go to the Altcoins board and take a look at some of their ANN threads, you will see that 90% of them are listed in the Yobit exchange. I imagine that most bounty hunters that accumulate those shitcoins use Yobit to make a quick buck (besides maybe pumping and dumping those shitcoins).

But if you are using Yobit as your main exchange to trade BTC/BCH/ETH/any legit coin that is available somewhere else, then you are making a big mistake.

I remember some guys from my local community trading a local altcoin there before Yobit put the wallet in "maintenance mode" for more than 4 months and locking their coins there. I don't know if they recovered their coins later, but this is a good enough reason to stop using Yobit.

Exactly. And that's a problem in itself, as well.

It's hard enough for a competently run exchange to have so many markets to be managed at one time, let alone Yobit, which is completely dysfunctional. At this point in time, I believe that they're just trying to make as much money as they can before everyone jumps ship entirely due to the severe issues that they've got (since they charge a fee to list your coins).

Whenever there is a fork of a coin coming out, you see yobit completely failing. It's actually better to have a wallet in maintenance mode in that case, but they don't even bother putting it in that mode. Instead, all withdrawals just fail, and false TXIDs are given out. It's really a hellhole at Yobit. Unless you think that you can make a quick buck trading these terrible alts that are only there for the pump and dumps, which you shouldn't even be doing, avoid it.