Yobit has been a greatly misunderstood exchange. Many people heard of scammers who impersonated Yobit admins to rob them. Many devs took advantage of Yobit loosely listing requirements and promoted their coins that in trillions in supply. I know I’m exaggerating a bit but they do have a large supply and can use it to dump on users whenever they wish. Thus, these users after suffering huge losses, then turned around and blamed Yobit and characterized the platform as a “Scam Exchang”. Some nervous users had even gone to an extreme extent to suspect and expressed it publicly that Yobit might become the next exit scam!
Yobit never talked back to deny any of those charges. Instead, they’ve shown how much of a progress and growth the has been, especially starting at the beginning of 2019.
And then, Yobit finally has its own coin called YO. On CMC, it is listed with symbol YO, but in some digital wallet like Coinomi, it is known as YOT for Yobit Token.
I love to promote Yobit for free. Somebody has to. After all, it is the only exchange in which the Team has users’ best interest. They always want to create new opportunities for users to make money. Granted they want to make money for themselves too, but supporting users in making profits is what seems to be the Admins’ number one goal.
At the first chance to promote Yobit freely at CryptoTallk, I began to point out some of the rare gems at the platform.
I told people about Micro, and I believe they have been profiting from the Micro IB. I told them about Dogecoin IB, and I believe the new users have been making money from it also. The prices for both of these two coins have been rising although they have been earning extra coins daily.
Now, I wish to encourage them to reinvest the profits in PUMP and in YO to hopefully further their gains but with a long term plans in mind.
Why? Because Yobit is here to stay and so is its own coin YO and some of the high interest rate coin like PUMP and PONY... But don’t bother with PONY yet until after you have accumulated 2 YO or more. Right now, while on your way to your first 0.5 YO, try to accumulate PUMP at 4% daily first.
With PUMP, you will practically double the numbers of your coins in every 20 days.
Wishing you the best of luck!