Founded in 2014, the YoBit exchange is a centralized platform. According to CoinGecko, the exchange has a low (2) trust score. As of June 2026, 189 cryptocurrencies are traded on the exchange, with ETH/BTC being the most active trading pair.
Yobit is not a new name in the world of cryptocurrency exchanges.
The exchange Yobit.net was first introduced in 2014 on the BitcoinTalk forum.
In our review, we will discuss who is behind the exchange Yobit.net, how it works, and most importantly, whether you can trust it with your money.
Read the review until the end.
The owners of the crypto exchange are private individuals.
Yobit is registered in Panama at YoBiCrypto Corp., 0801−3254 Panama City, Plaza 2000 Tower, Calle 50 Panama.
Currently, more than ten cryptocurrencies are traded on the exchange:
We see that traders prefer to exchange anonymous cryptocurrencies like Dash and Zcash on Yobit.
The most commonly traded on the exchange are:
You can buy rarer altcoins like BUZZCoin and Zilliqa, but they are illiquid and will only be available for withdrawal.
We mentioned that Yobit is registered in Panama, which means it operates in an offshore zone.
This is an advantage of the exchange:
The plus of Yobit is that your trading data is not shared with third parties.
The exchange interface is simple and clear:
Yobit is convenient because all trading platform functions are placed on one screen:
The intuitive design of Yobit is a feature that makes the exchange popular, especially among novice investors.
The site has a classic registration process:
No KYC (know your customer) verification is required for registration. You can use all the features of the exchange immediately after registering.
A unique feature of the exchange is that the email should be entered without dots before the @ sign.
We recommend coming up with a strong password if you intend to deposit significant funds into the exchange. You can use an online password generator.
The exchange works with all major payment systems:
As well as with Visa and Mastercard.
You can find out the fees for deposits and withdrawals on the "Fees" page:
When we enter the exchange's website, we start with the "Trade" tab.
On the main screen, we have everything necessary for trading:
To trade on the exchange, you need to select a trading asset (on the left). You can use the search function.
Then specify the amount of cryptocurrency to trade and click "buy" or "sell".
You can create automated or pending orders for buying and selling coins.
For this, choose:
And click "Create Rule".
After registration, we have access to the full functionality of the exchange:
And other services, which we will discuss now.
From the moment of registration, a flashing message "get free $1700" lights up:
In fact, we are just directed to a Telegram channel. So don't expect free lunches.
You can enable two-factor authentication in the settings:
We recommend writing down the secret key immediately, as indicated on the website in the instructions.
This section shows our balance across all assets, as well as hourly transaction history:
You can earn 20% from commissions on trades through the affiliate program.
In the "affiliate program" tab, the date, earned amount, your balance, and referrals are indicated.
An additional source of income on the Yobit exchange is the CryptoTalk program.
You can publish posts and rate users with 100+ posts on the Cryptotalk forum.
Note that Yobit does not pay for posts from Nigeria, Egypt, Pakistan, and 4 other countries.
There is also a CryptoTalk BTC program on the exchange — payouts for posts with a positive average rating. For each such post, you receive 200 satoshis.
The exchange has a lottery — YoPony:
YoPony is similar to real horse racing, but on the Yobit exchange.
The developers of YoPony say that with the right bet, you can earn from x2 to x100.
To place a bet, you need to indicate the amount in bitcoins next to one of the ten ponies and click "Make Bet".
The draw takes place once a week.
After registration, you have access to the history of previous "races". To view a past race, click the "Replay" button next to the corresponding date.
To better understand how to earn on YoPony, we recommend watching a YouTube review.
When you trade on pairs with bitcoin, you automatically receive 10% bonuses in the YOTRA token. The amount of YOTRA is calculated from trading fees.
If you registered on the exchange via a referral link, you will only receive 5% bonuses.
In the "Yobicodes" section, you can create a type of "coupon": a kind of check that can be passed to another user.
You can regularly receive small fractions of tokens and currencies:
Investbox is like a piggy bank on your Yobit account.
For it, you regularly receive a percentage of profit. Essentially, Investbox is analogous to staking cryptocurrencies.
The essence of the Investbox tool is simple:
Sometimes you are paid once a day, sometimes once a week. It all depends on the investment plan.
You can visit the Investbox page and find the best conditions for yourself:
You can also earn bonuses in YoDefi tokens for providing liquidity on the exchange.
To do this, you simply need to hold long and short positions on pairs:
You can buy a virtual miner and receive passive income every day.
To find out the price and profitability of the miner, refer to the table above.
According to Yobit, the cheapest miner costs 0.01 BTC ($500) and will bring about $27 per month.
To add a token to the exchange, you need to fill out a form and pay for the coin listing — its placement on the exchange.
To list a coin, go to the "Add" section:
The price for placing a new coin is 2.79 BTC.
On the exchange, you can conduct personal correspondence in the "PM" (personal messages) section or directly with all users in the chat:
The chat is available in five languages:
You can join the chat to discuss trading ideas or platform functionality.
The cryptocurrency exchange has one social media account — Twitter:
Usually, news about listings and updates of the platform are published here.
The platform supports 3 languages:
To contact support, you need to go to the appropriate tab and create a new ticket:
You can also ask questions in Telegram chats:
The exchange is not associated with hacks or high-profile scandals; there have been no major technical issues in its history.
Since the launch of the platform, users have predominantly left positive comments. Here’s what review sites say:
Reviews on beschange.ru show 22 negative and 406 positive:
Yobit is an anonymous cryptocurrency exchange that has been operating since 2014.
The exchange mainly trades anonymous cryptocurrencies:
Trading on the exchange is simple: you can place market and pending orders.
Yobit offers a wide selection of altcoins and affiliate programs. We have detailed each of the referral programs in the article.
Users and ratings online show that Yobit is a cryptocurrency exchange where trading is constantly taking place. This means it can be trusted.
Try your hand as a short-term trader, investor, miner, or simply discuss a trading idea in the chat — register on Yobit.net.
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