rincewind__

The system seems very well thought out and fair, and I also find the implementation quite good and easy to understand. Reminds me a bit of the Merit system in the Bitcointalk forum, only in a fairer way. Especially for newbies it is quite hard to get merits there, hopefully this is not the case here with the ratings 🙂 @betelihem Yobit states that the calculation is made after 7 days:

@CrazyIvan You already have trading experience and know how hard it is to make profit with trading. If you look at professional traders (I can recommend Tone Vayes on Twitter for example) you can see that they also missed 4 times in 10 tradings, but were able to make 6 positive trades. The profit there is often in the single-digit percentage range, for many traders 1% profit is already a very good success. Your 10% are therefore possible in my opinion, but you have to be really damn good to make it *fingers crossed* 😉 Which coins will you trade and do you use trading signals?

@Whited35 First of all thank you very much for sharing those questions. I would like to add something to point 1: "Not your keys, not your coins" Many of us leave purchased coins on exchanges because it is quite convenient and you don't have to take care of your coins yourself. But it must be clear to everyone that in case of a hack of the exchange or an exit-scam you have no access to the coins and they are gone. The solution is in my opinion very simple: A hardware wallet like Ledger Nano or Trezor which allows you to keep your private key safe -> "Your Key, your Coins" 😉

Have you ever used such a Bitcoin ATM? They are mainly used to switch Bitcoin to FIAT without KYC. Many of these ATMs have a limit of $2,000, only above this limit do you have to identify yourself. This is especially important for the "anonymity" of BTC transfers, otherwise there are no more Exchanges that do not require KYC for the change from BTC to FIAT ...

There is a very good site called coinatmradar.com which shows the locations of Crypto-ATMs around the world. Here for example the overview of the top 5 countries with the most ATMs: Interestingly, there are also smaller countries like Austria with a very high density of ATMs. I use them on a regular basis, mainly because in my country those ATMs are still KYC-free if you deposit/withdraw not more than 2k €

I see it the same way. If the payment of posts leads to many (good) posters with very good background knowledge about Cryptos coming into the forum, then this is good for the quality of the posts here in the long run. This also creates the chance that new posters get to know the forum and stay here for a long time. At the same time it is a very good advertisement for Yobit and will boost the usage of the exchange. Many people create accounts just because of this action and get to know the Exchange (better) and start trading there.

This is actually standard in many other forums, also on others, crypto forums or in a motorsport forum where I am often on the road. But I agree with you, it definitely helps to find your way around very quickly. I also find the "Notify me of replies"-feature very useful, it helps you to keep track of your discussions - especially if you post a lot.