Can YoBit be Considered a Safe and Reliable Cryptocurrency Exchange

[wahidur 22]

The creators of the digital platform claim that there has not been a single case of hacking the cryptocurrency exchange to date. This suggests that it has a fairly high level of security and reliability. But how is this achieved?

Today, YoBit uses a number of security measures that ensure reliable protection of user information and funds:

• Cold cryptocurrency wallets.
• Tracking suspicious activity and immediately blocking.
• Measures to prevent SSL encryption and DDOS attacks.
• Secure transactions using Yobicodes.
• System files encryption as well as real-time encrypted data backups.

However, this is an incomplete list of measures taken by the creators of the digital platform to protect the funds of each client. Additional protection is also provided by:

• 2FA protects your account from unauthorized access by hackers.
• You will receive a message to your email every time you log in to your account. This allows you to track your account activity and prevent unauthorized users from accessing it.
• A secure password that is difficult to find. The user must create a strong password that consists of a combination of letters, symbols, and numbers. Remember that you must not tell anyone about it.
• There is an opportunity to freeze funds. If the user suspects that his account has been hacked he can use the unique function to freeze the withdrawal. Activating this option will help to avoid unauthorized withdrawals from the account.

It is obvious that the creators and developers of the digital platform have done a serious job to ensure a high level of security on it. If you decide to participate in trading transactions on YoBit you cannot worry about the safety of your funds.

[smithk 149]

Yes YOBIT is safe. The security measures put in place e.g 2fa, hot and cold wallets among others make the exchange safe.

[nykas 2812]

Maybe Yobit is not one of the best and the biggest exchanges, but it's really secure and your funds are safe, when you keep them on the exchange, but there are no exchanges that can be absolutely safe, so I still recommend to keep on exchanges only small part of your assets and main part should be on cold wallet. Yobit is trusted exchange, but nobody knows what could happen one day 

[DS#SAQii 1114]

Yes ofcourse yobit is safe and reliable crptocurrency exchange. It is oen of the most known and recognized platforms for exchange. It provides the best security. Options available and features are easy and user friendly. Its easy and simple and safe.

[tienda 8776]

@wahidur I think without the doubt Yobit website exchange can be considered as a safe and reliable. Since his creation 2015 to day never suffer any attack or hacked, so this is the proof that it is safe. About his platform it is very easier than any other platform and ideal for any traders include newbies. So of course deserve all merits. 

[Malik Ayaz 506]

Yobit has many features about the security of its users' accounts. It involves two-factor authentication and email verification. If they find any suspicious activity they froze your account, like if someone knows your password and private key and get access to your account that u can still freeze your account.

[Dedo 263]

Good morning my frirnds

I think that the yobit platform is one of the best platforms ever to deal with cryptocurrencies as it provides protection and privacy in addition to the ease of work and making money

Edited December 25, 2020 by Dedo

[DC71 169]

Yobit is one of the best cryptocurrency exchange for cryptocurrency trading. You can use different features of this exchange like investbox is one of the best feature that i like gou can invest your money and receive daily profit. It is very safe cryptocurrency exchange you can increase your wallet security by using two factor verification method

[Bilalshujra 94]

Yes dear mate yobit is 100% safe and fully secure there security system is very good and many users use yobit because it is fully secure one of the best cryptocurrency exchange platform and login verification is necessary when you login then he also send alert on your email yobit is best forever