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Karani

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Posts posted by Karani


  1. Even for beginners with zero crypto experience, Yobit is user-friendly. The cherry on top is it distributes free coins. All you have to do is share the link to the site on platforms like Facebook and Twitter.


  2. Like other investments, the digital market is risky. That’s why there’s no coin that’s completely safe to buy. However, some are safer than others. Take the example of Bitcoin. Despite experiencing volatility, it always bounces back. Ethereum is also trusted by many users.


  3. This is one of the most common questions on this platform. Even so, the answers are still vague and unclear to newbies. Go to your yobit wallet and click on the minus sign beside the coin you want to withdraw. Note that Bitcoin has higher withdrawal charges than other coins. That’s why it’s advisable to convert it into coins with lower fees like Waves. Afterward, provide the wallet address you want the coins sent to.


  4. Look at the cryptocurrency’s technology. Coins with advanced technologies can be linked with more applications giving them an edge over their competitors. Don’t forget to go through the cryptocurrency’s whitepaper. It contains all you need to know about your preferred coin.


  5. Assuming you’ve already linked your cryptotalk account to yobit, start collecting free coins. Airdrops are also a good idea. After you have gained some experience with cryptocurrency, factors like the coin’s regulations in your country, it’s liquidity, and supporting communities will help you choose the best coin.


  6. Because the coin’s price is fixed, it remains stable even with the volatile market. Similarly, the government cannot terminate its operation neither can any individual control it.


  7. Hackers have devised a strategy to evade the authorities. Taking the Binance hack last year for example, the cybercriminals distributed the stolen coins to several smaller wallets. Though it’s possible to track where each bitcoin went, knowing who created the wallets can be daunting making it hard for the authorities to nab the culprits.

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