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[AudraMiller]

When you are deciding on which cryptocurrency exchange platform to become invested in or which cryptocurrency exchange platform to use, it is important that you take into account various factors. For example if one had to compare the yobit exchange to binance, there are some major differences. Whilst yobit does offer more coins, the trade volume on yobit much lower than that which you see on binance. And therefore it can take a longer time for your buy and sell order to go through or to be met. On the other hand, yobit has better investment option. In my opinion, i think that the volume is most important as this determines the speed at which you can trade.

For those of you that have used these two exchange platforms, which do you think is the best and why do you prefer it?

 

[Niftyicon]

Binance of course! I have accounts on both exchanges and I will definitely go with binance given its reputation and volume of trades. Yobit has not really been a first choice because of past attacks and some other unfavourable reviews online.

 

[Wisdom01]

Binance should be the best for me.because they offer almost 100% of what i want from an exchange platform ,so what then did i really need

 

[AudraMiller]

Binance of course! I have accounts on both exchanges and I will definitely go with binance given its reputation and volume of trades. Yobit has not really been a first choice because of past attacks and some other unfavourable reviews online.

I have to agree with you. I have used both as well, and find that with teh volumes of binance you can buy and sell crypto in a shorter time frame because there are more users active. This is very important because crypto is very time sensitive.

 

[Wisdom01]

I have to agree with you. I have used both as well, and find that with teh volumes of binance you can buy and sell crypto in a shorter time frame because there are more users active. This is very important because crypto is very time sensitive.

Its automatic in other platform too, there are always buyers , or you can sell the website if you want to seell to the site ,you can take both route

 

[AudraMiller]

Its automatic in other platform too, there are always buyers , or you can sell the website if you want to seell to the site ,you can take both route

What ii mean is by teh volume, in yobit there is quite a price difference in the coins between the buying and selling prices, and so if you set your buy order within this range it can take a while to achieve. However with binance they have larger volumes so the difference between buy and sell price is smaller and your purchase or sale happens faster.

 

[Wisdom01]

What ii mean is by teh volume, in yobit there is quite a price difference in the coins between the buying and selling prices, and so if you set your buy order within this range it can take a while to achieve. However with binance they have larger volumes so the difference between buy and sell price is smaller and your purchase or sale happens faster.

I have never use yobit , but i would make my own research about that too , because when i am in other platform my trade is executed immediately

 

[SCAMEXPOSER]

I learnt yobit Exchange has lots of dead coins that rise once and fall forever unlike Binance where most coins do have bull run at a very short Interval and they are sustained.

 

[grigorii97]

is there a robotrade or something similar on the banana? So for now, only Yobit

 

[Mariappa45]

I understand that you're a yobit exchange user that's why you said nice things around it. For me I prefer Binance exchange, it's features are simply amazing. And the P2P method is superb.

 

[grigorii97]

Yobit didn't keep their promises to us and we didn't get any Airdrop revenue so i'm mad at them

DLRS or 777, I got both.

 

[Bitvisitor]

DLRS or 777, I got both.

4700 Fast Dollars

 

[Horia_10]

Yobit has become a scam lf very late and they are just trying to make sure , users deposit into their platform and they never get a cashout , so beware do not deposit a penny even in the discarded nature website and instead invest only on websites like bitfinex , binance and ftx which are recommded and go-to-crypto exchanges for Everyone today.

 

[Ben Kempton]

Binance should be the best for me.because they offer almost 100% of what i want from an exchange platform ,so what then did i really need

I have read many bad reviews of the Yobit exchange. many users always complain that the wallets of many coins are always in the "maintenance: mode and they are not able to access their coins. Many other users also complain about other technical problems that never seem to resolve. I think this is why it has a very low rating on trust pilot as well.

 

[Jospap]

When you are deciding on which cryptocurrency exchange platform to become invested in or which cryptocurrency exchange platform to use, it is important that you take into account various factors. For example if one had to compare the yobit exchange to binance, there are some major differences. Whilst yobit does offer more coins, the trade volume on yobit much lower than that which you see on binance. And therefore it can take a longer time for your buy and sell order to go through or to be met. On the other hand, yobit has better investment option. In my opinion, i think that the volume is most important as this determines the speed at which you can trade.

For those of you that have used these two exchange platforms, which do you think is the best and why do you prefer it?

The selection Criteria for coin to be listed is thougher than that of yobit hence more credible and viable token on binance than yobit. Trade volume is also a plus for binance.

 

[Horia_10]

The exchange was hacked back on 2019 and almost all of their 800 ETH was hacked , after that they tried , but have not been able to win the investors trust again with the poor security and noj-useful airdrops so that is why the exchange decreased in its popularlity and is almost nonexistent and finished now

 

[shrey1408]

I understand that you're a yobit exchange user that's why you said nice things around it. For me I prefer Binance exchange, it's features are simply amazing. And the P2P method is superb.

What this implies is that because of the volume, there is a significant price difference in the coins between the purchasing and selling prices in Yobit, thus setting your buy order within this range can take a long time. Binance, on the other hand, has bigger volumes, thus the price difference between buy and sell is smaller, and your purchase or sale is completed faster.

 

[shrey1408]

The selection Criteria for coin to be listed is thougher than that of yobit hence more credible and viable token on binance than yobit. Trade volume is also a plus for binance.

I have accounts on both exchanges and, based on its reputation and number of trades, I will surely choose Binance. Because of previous attacks and some negative internet reviews, Yobit has not been a top pick. Binance appears to be the best option for me. Because they provide practically everything I'm looking for in an exchange platform, what else did I require?

 

[Horia_10]

I have been using many exchanges and after the mtgox hack and yobit unable to pay out its users after that 800 ETH hack event , the trust of the investors actually dropped and this made the platform almost surrender , it is trying to stay afloat but that is difficult because the trading volume is very low on the platform and no one wants to risk his money there on the platform .