Yobit exchange deposit and withdrawal fees

[Jose1367 44]

We had already clarified it in previous sections, YoBit does not add commissions for depositing funds. In case of depositing funds in fiat money, the commissions change according to the payment method: YoBit Commissions As for withdrawals, YoBit also uses a flat fee, considerably simplifying other more complex structures. You will have to pay 0.0005 BTC per withdrawal, which represents a fairly competitive commission in this market.

Edited October 4, 2020 by Jose1367

[Gecko23 77]

Thats great! so you can deposit on yobit and you will not loose any penny, And its fees are really low, thats why I use yobit. Using this exchange is a really smart way of investing your money. 👌 Thanks for sharing

[Villa33 143]

YoBit is thus positioned in the lower-middle range, as the industry average is around 0.25%.
Deposit and withdrawal rates depend on the method of payment.
According to YOBIT website, the exchange charges a commission for each transaction, which depends on the crypto currency itself. However, according to YoBit, this usually does not exceed 0.2% of the amount of the transaction. Therefore, it is based on a "flat rate model" instead of a "manufacturer/taker" model like other exchanges.

[tienda 8776]

I think the section of deposit and withdrawal commission Fees https://yobit.net/en/fees/ is not updated for each coin Fees, to know the real commission Fees for each coin you need to access the wallet section then check the specific coin, for example in this section the Fees is about 0.0005 BTC per coin include Bitcoin, but if you access the wallet you find BTC Fees withdraw is 0.0012... so preference to check in the wallet.

[Calvinpriva 17296]

On 10/4/2020 at 4:11 AM, Jose1367 said:

YoBit also uses a flat fee, considerably simplifying other more complex structures. You will have to pay 0.0005 BTC per withdrawal, which represents a fairly competitive commission in this market.

Friend, all that you said about Yobit fees is true. They do not charge any amount when you deposit but they will charge you a very small amount when you withdraw. But BTC withdrawing fee costs 0.0012 BTC in Yobt and not a flat fee of 0.0005 BTC as you said.

[Rosarvx 965]

the exchange charges a commission for each transaction and pull back charges is low to another trade. Preference to check in the wallet

[Ale1Porrello 75]

yobit is a platform with many positive things. It is undoubtedly one of the most complete platforms within its role as a cryptocurrency exchange.

[Gustavowork 79]

Yobit is offering a low exchange rate of up to 0.02%, which is very profitable for users looking for an investment that will give you positive results in the medium term.

[Adam adam 276]

I do not have any problems with withdrawals and deposits on the platform. Indeed, its commission is very low to help small investors. With many options in depositing but I suspect all are Russian banks like payeer.

[mezabeatriz763 29]

I like yobit because it is transparent with its users, and its platform is intuitive and easy to use. which for me is very convenient, it also handles a good commission price per trade.

[Jhon00 97]

Yobit is increasingly positioning itself in the best positions as an exchange despite the fact that its withdrawals are a bit high but not that much compared to others that charge you more than $ 1 to exchange any cryptocurrency

[Projectcrypto 4382]

On 10/8/2020 at 7:53 AM, tienda said:

I think the section of deposit and withdrawal commission Fees https://yobit.net/en/fees/ is not updated for each coin Fees, to know the real commission Fees for each coin you need to access the wallet section then check the specific coin, for example in this section the Fees is about 0.0005 BTC per coin include Bitcoin, but if you access the wallet you find BTC Fees withdraw is 0.0012... so preference to check in the wallet.

Bitcoin is quite expensive and that is one of the reasons why the transaction fees of thr coin is higher compared to the likes of ethereum, litecoin and xrp. They don't charge users when depositing into your wallet but we all have to note that when making withdrawal a fee of 0.0012 will be charged by the site before completing the transaction.

[Faraor 42]

Yobit exchange's deposit comiision for the fiat is not too much amount, moreover for the fiat sometimes they dont take fees. And there many ways to deposit i mean several options, like qiwi and other payment systems. 

[Juanj1980 33]

Yobit is one of the exchanges that charges the lowest fees per transaction

[Mohamed21b 35]

It is a very good wallet with regard to the commission, withdrawal and deposit, as it is very small compared to other platforms

[Captin 0]

Indeed, transfer sites do not pay a percentage for depositing money in them because they are not like banks that invest the money deposited in them on the ground or give loans. As for the percentage of the yobit platform in the transfer process, its price is among the best for conducting transactions

[malik6314193 5449]

Yobit is one of best exchange and have very low withdrawal fees. I found this only exchange which offer to deposit fiat money from perfect money, payeer, skrill amd many other e wallets. 

[raking 50]

Yobit quite great. I think there is no charge to deposit which is a good thing. I think 0.0005 is a reasonable amount for withdrawing money., If you look for other coins the withdrawal fee will be quite low eg doge, trx or xlm ..

..

Edited October 30, 2020 by raking

[pablomarwan 3082]

The best currency with which you can withdraw what you own is ltc because it does not require a large currency from you compared to btc or eth, especially since the latter has set a limit that allows you to start depositing on the platform. Or, you can withdraw what you own on coins.

[Henri1111 120]

I think Yobit Kramonnati is in the best position. Its withdrawals are a bit higher but compared to others that allow you to exchange any cryptocurrency. It doesn't charge more than that.

[SuperCrypto 7193]

It is known that there is no deposit fee in any platform, my friend, the fees are always upon withdrawal, because the platform wants every person to keep his money on the platform, which raises its volume.

[Arslan Ch 2163]

Yes Yobit has lower deposit and withdrawal fee as compared to the other sites as Both deposit and withdrawal fees vary with the method being used. That's why Yobit is one of the best site with such benefits for its users.

[Alax 144]

yes you have rightly said your bid is very good exchanging site and its exchanging fees are also very low and thank you for sharing this kind of useful information I am very grateful to you that we are doing our best for help of people and for informing others which we know no thanks a lot

[Sypher9 1162]

Yobit is a fair deal exchange because it processes withdraws instantly and on deposits I have not yet done it there before and on withdraws it's better to use those crypto with low fees like LTC.

[GanBin 705]

On 1/1/2021 at 3:20 PM, Muhammad Rashid3042 said:

Its withdrawls are a bit higher but campared to others that allow you to exchange any cryptocurrency,yobit is an exchanger on which you have pay only few amount fir the transaction,i wish you succesed,it doesnt charge more than that.

@Muhammad Rashid3042 Yobit withdrawal is not expensive at all, but withdrawal for bitcoin is the one that is very expensive. You can try to use ripple or digibyte to see how low the withdrawal fee for both are small.