YoBit Exchange Review

Nayana Patil

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What is YoBit Exchange?

YoBit is a cryptocurrency exchange that was launched in 2014 by a group of independent European developers and is incorporated in Panama. According to the Coin market cap, YoBit is one of the top ten exchanges in terms of traffic, liquidity, and trading volume.

YoBit Exchange Fees

The YoBit cryptocurrency trading platform does not charge different fees between takers and makers. Their fee model is called a “flat fee model”, which charges 0.20% for both makers and takers These fees are quite competitive as the global industry average is around 0.25%.
YoBit are very affordable and in the lower range compared to the usual fees for makers and takers on other exchanges.

Though YoBit has concentrated on the Russian market so far, the platform is now aiming for expansion worldwide. Thus YoBit is a very good option for users worldwide, particularly for crypto enthusiasts who want to buy the cryptocurrencies.
Source: Coinpedia, learn how to register !
 
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