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  1. The word D-TUBE on simple basisc, stands for decentralized tube, in which on all occasions,buts on the use of a video streaming service, as an alternative to the native YouTube, as this video streaming service, is built on the blockchain, in which Steemit users will he be very well familiar with this of the D-TUBE and native coin on curation of the steem coin. The philosophy behind DTube leverages decentralized web technologies and cryptography to provide an alternative platform to private social media outlets like YouTube. To know more, follow this link D-TUBE
  2. Like other exchanges, Yobit.net charges fees. According to YoBit’s website, the exchange charges a commission for each transaction, which depends on the cryptocurrency itself. However, according to YoBit, this usually does not exceed 0.2% of the transaction amount. Thus, it relies on a “flat fee model” instead of a “maker/taker” model like other exchanges. In addition, YoBit thus positions itself in the lower to middle range, as the industry average is around 0.25%. Deposit and withdrawal fees depend on the payment method and can be seen in the table below. To get an overview of all possibilities, we recommend you visit the fees page of YoBit. Method Deposit Payout PerfectMoney free of charge (USD) 1% USD Payeer free of charge RUR 4% RUR free of charge USD 7% USD AdvCash 1% RUR 5% RUR free of charge USD 7% USD Capitalist 1% USD 1% RUR Visa\Mastercard 70 RUR + 5% RUR 6 USD + 5% USD All cryptocurrencies free of charge 0.00050000 BTC
  3. The YoBit Wallet As for any cryptocurrency exchange, we recommend you to use an external wallet to increase the security of your cryptocurrencies. An overview of all possibilities and options of wallets can be found here. To make a payout, go to the “Wallet” area and select the payout option in the “Withdrawal” column. YoBit test Is it safe to use YoBit in 2020? The security of the trading platform should be a top priority for traders. Therefore, it is crucial that you learn about the security measures and reputation of the platform. Regarding security measures, YoBit has taken several measures to ensure the security of user information, including Secure Sockets Layer (SSL) encryption. YoBit also offers a 2-factor authentication function. Previously, some users reported long waiting times for payouts, so YoBit has now improved their systems and all payouts are very fast. In case you can contact the telegram support, they will do their best to make sure that the process is faster. Irrespective of this, it is also advisable to take larger cryptocurrencies for payouts or the status of the wallet should be checked in advance. YoBit reviews YoBit itself enjoys a good reputation among experts in the crypto industry due to the advantages it offers, as shown by the 166,000 followers on Twitter (as of May 2020). Otherwise, there are also numerous good ratings on the rating portals such as Trustpilot, Cryptowisser and Bestchange. On these platforms especially the very good and fast support is praised, as well as the huge number of Altcoins that can be purchased. Fees and payment options As already mentioned, the flat fee for YoBit generally never exceeds 0.2% of the transaction amount. Thus, YoBit relies on a different fee model, like other exchanges (e.g. Binance, Kraken and Coinbase Pro), which use a “maker/taker” model. In addition, YoBit thus positions itself in the lower to middle range, as the industry average is around 0.25%. The support As a customer you can log in to your YoBit account and submit a support ticket if you have problems. On their website, YoBit states that they will respond to submitted support tickets within one hour, although it may take up to 24 hours under certain circumstances. If you want more fast way, you can also use the Telegram group of YoBit. There are more than 80,000 people in the YoBit telegram community and 10 admins are 24/7 online to answer any questions. Furthermore, YoBit also offers a chat box on the right side of the website to answer general questions. We have had very good experience with YoBit’s support. Bottom line If you want to use YoBit as a marketplace for cryptocurrencies, you should be aware of the advantages and disadvantages we have described. Unlike many other crypto exchanges worldwide, the exchange offers the advantage that no extensive verification of the account is required. In addition, YoBit’s fees are very competitive and are in the lower range compared to the typical maker/taker fees on other exchanges. Although YoBit has so far focused on the Russian market, the platform is now aiming for worldwide expansion. The numerous positive reviews on the above mentioned rating portals show that YoBit is no scam. Especially for crypto enthusiasts who want to buy rather unknown cryptocurrencies, YoBit is a very good address worldwide.
  4. Make a deposit The trading process on YoBit’s website is practically indistinguishable from other exchanges. To trade cryptocurrencies, you need to go to the “Trade” tab. We will show you the individual setting options below. But first you should know how to make a deposit. To do this, go to “Wallets” and then select the cryptocurrency you wish to deposit. In the corresponding row, click on the plus (+) in the “Deposit” column. Now you will see your deposit address. If you don’t have a cryptocurrency yet, YoBit also offers the possibility of depositing in US dollars or Russian roubles. To do so, go to the “Wallet” section and enter “USD” in the search field. You will then see the US dollar in the first place and click on the plus (+). Afterwards you have three different deposit options available: PerfectMoney, AdvCash and Payeer – all free.
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