Alan Johns
-
Content Count
1287 -
Joined
-
Last visited
Everything posted by Alan Johns
-
There are some good options to invest in invest box but most of the coins that are available in invest box are not stable as I invested in talk token and earned a lot of talk token but it's price dumped badly so I in loss instead of any profit so choose the coin wisely.
-
It is always annoying and fearing news for all the traders that the exchange sites got hacked many times and even the most popular exchange site Binance is also mot safe from the hacker's attack. I think exchange sites should have proper plan to deal with the hackers in such cases to avoid the losses.
-
Invest box is a good option for all the beginners to do their first investment as it is risk free and have good profit as well so it is highly recommendable at Yobit. On the other hamd If you do trading without any experience it could cost you badly.
-
I don't think that there could be any problem to switch your yobit account to your new Mobile phone as you just need to login at the mew phone and provide it the 2FA private key and it will be logged in there easily.
-
How can we get the benefits of these coins in invest box if they ask such requirements of playing dice games of that coins as we can have big loss on it so it could be a risky idea. Although we can invest in those coins for which there are no requirements.
-
I don't mind KYC verification and I don't think anyone who wants to work woth full security amd safety would have any problem with the KYC. But you need to choose a legit exchange site so that there should be no risk to do Kyc verification.
-
Definitely we should evaluate these factors and a good research should be conducted before choosing any exchange site. Exchange site should be legit and a secured one. I always search the site at Coinmarketcap as if it is listed there then it could be trusted.
-
Without any doubt Binance is the best available exchange site in the business and I always place it at the top in my priority list whenever I have tk recommend anyone an exchange site.
-
Kyc is good for our pwn security and I think we should work on the exchange sites that have strong security and ask for KYC from every member as it reduces the risks of getting hacked and attack from hackers.
-
It's true that Yobit site has many good and useful features and some of then are unique and only available at Yobit that's why yobit exchange site is getting popularity and number of it's users are increasing.
-
Binance is the number 1 exchange or trading site in my opinion and I love to work at Binance and then there are MXC , bitmax, bitforex and Yobit these are all very good sites as well and are legit and trusted sites.
-
I am using Yobit exchange and have no experience with the bittrex exchange so I will definitely go with yobit as it is one of the good exchange sites with useful features and fast transaction speed for it's users.
-
How can I exchange bitcoin to other currencies?
Alan Johns replied to fahimshahriar2020's topic in Exchanges
You need to trade your btc for oother coins . Go to the trading section at Yobit and select btc pair at the top of currencies list and then choose the coin you want to exchange your btc with and tap on it and the trading page will open and then buy that coin for btc and you will be charged with 0.2% trading fee for that. -
Is it possible to make profit from different exchange rates?
Alan Johns replied to Brushless4500KV's topic in Exchanges
If there is significant difference between the rates at different exchanges then you can definitely earn good profit from it by doing it's trade through both exchanges and repeat it several times to increase your profit. -
There is nothing to worry about it as sometimes the exchange site stops the withdraw of some particular coins but it is not permanent and withdraw willbe activated after sometime so try again later.
-
You can withdraw your balance fron Yobit into your wallet easily by going into the wallet section of the yobit and then choose the coin that You want to withdraw and you will see the options that available there for withdrawal then choose your option and do your withdraw.
-
Safety and security matter more than all other things so the most important quality thay I see while choosing any exchange is it's legitimacy and security that it provides to it's users and secure their funds.
-
Yes Binance has the lowest trading fee relatively than all other exchange sites as you already mentioned it 0.1% and it has more concession while trading in BNB pair so Binance is giving good benefits to it's users.
-
Local exchange or international exchange ?
Alan Johns replied to nicolas1234789's topic in Exchanges
Everyone prefers the nest exchange site in business which should have almost all the coins and available in all trading pairs with useful features amd fast transaction speed thats why the international exchange sites get more attention from all. -
I am familiar with yobit amd made an account there since I joined the crytotalk forum as itvis necessary for all the members to register on Yobit as the payment for our work will be received in Yobit exchange site amd we can withdraw it from Yobit.
-
What can you do when the exchanges steal from the customer
Alan Johns replied to Cryptoxic's topic in Exchanges
We should always choose a legit exchange site after proper research about to minimize the risks of loosing our crypto funds in such cases of hacking or stealing as otherwise we'll have no option and can do nothing. -
I agree with you to some extent as I also see Yobit as a good exchange and if it continues like it it will definitely go too up and compete with the best exchange sites in business. Yobit should also introduce an app now as it will increase it's popularity more.
-
Yes there sre some coins that are available at swap sites and we can invest in these coins through our trust wallet account by connecting it to swap sites to buy our desired coins.
-
Dice games are mandatory to play for investing some particular coins in invest box but there are many other coins as well that doesn't have any requirements for investing but as you mentioned there are risks of pumping and dumping.
-
We should always store our crypto funds in our wallet and Never leave then in any exchange site as it is always risky to leave your crypto funds in exchange sites as exchange sites could be hacked and you can lose all your capital so store them in wallets.
