YoBit costs and fees

[Shohag Ali 31]

 

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. 

[Foysal2020 459]

I like this exchange because it is very reliable and its account can be done for free and it can be used to earn money in the exchange.

I like this exchange because it is very reliable and its account can be done for free and it can be used to earn money in the exchange.

[youmar72 3]

it dont take that much like the other platforms

[Arpit Gupta 581]

Yes yobit is also charges fees as same as other exchanges. The benefit of yobit is that it is very secured and many people use it and also you can make account for free.

[danielbrage 17]

puede haber algun exchange que cobre algo menos pero dado a los servicios que brinda yobit me parece justo.

 

[Shimul135 21]

YoBit’s trading fees are straightforward – just 0.2 percent per trade. It doesn’t matter whether you’re the trade maker or taker. Your monthly trading volume has no effect on the fee either. Yobit is great.   

[Mike1515 2977]

Yobit has the lowest fees and the best in the market so to me we need to follow certain strategy , the right effort is to really be sure of what is happening today so we need to work and put together everything in perspective, so we work as hard and be sure that we are able to really be working as hard in everything we are doing in this market

[Zeshan Khalid 2577]

The way of earning of a crypto exchange is its transaction fees. It depends upon which coin you are trying to trade. Normally crypto to crypto fees are very low but crypto to fiat fees are high as there is USD in yobit forum

[Joseph J 608]

Thanks for the infomation. yes os course! on Yobit the Fees are low if we compare with other exchanges, that is why Yobit is the one that I use the most daily when making trade or withdrawals. As you say in the post, it will depend on each( Coin) (Currency), I recommend Litecoin for withdrawals if you have a low balance in your Yobit account, but if I have more than $ 100 Ethereum withdrawal, that's fine. it's Ok

[matias estigarribia 1605]

It is similar to other platforms, the rate is based on the type of currency that we want to withdraw. It is advisable to look for the ones that charge the lowest rate and pass them elsewhere

[Nicole018 4548]

Yes there is some commision fees that comes with trading in yobit. I don't really know to what extent. But we would definitely lose some amount of our income through commission. There are many intermediaries between us that are performing this trading. So I don't think we would lose much amount. But still some amount would be given as some commission.

[Mwangi 5611]

Yobit has the lowest fees there is  out there and people need to enjoy them they should trade and exchange, if you want ripple and you can deposit on yobit, I thin its the easiest method one can ever use out there we need to follow them

[malik6314193 5449]

On 10/11/2020 at 4:18 PM, Shohag Ali said:

However, according to YoBit, this usually does not exceed 0.2% of the transaction amount. 

Are you talking about withdraw fee or trading fee. 

If you are talking about trading fee then you are right yobit charge 0.2% fee for every trade while for withdraw every coin have it's own withdraw fee like ltc have 0.002ltc ,trx have 1 trx. 

[TuRi3369 137]

Yes I think Yobit is definitely very good. However, I think this little fee case of Yobit money transection does not matter. The fee money is not supposed to be more than the money earned from cryptocurrency.

[Vera26 209]

Yobit has very good fees in mosts of the coins such as litecoin, ripple but when it comes to bitcoin  I don't know why yobit has exaggerated on the transaction fees when withdrawing. it cost almost a fortune to withdraw bitcoin from yobit but apart from that the costs are really great

[TimopheyKa 3900]

Of course, but without a Commission, after all, nowhere! Because, it goes to the development of developers, and this is good, as a kind of payment! I think that in any case, we spend a small amount when we make a Commission, or withdraw our favorite funds, so this is not a critical situation! Thanks!

[HighkeyDonut 445]

On 10/11/2020 at 7:18 PM, Shohag Ali said:

 

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. 

 

I like YoBit because they are more than fair than any cryptocurrency exchange out there. It is also recommended for me by my friend when engaging to cryptocurrency. 

[Zafar123 906]

This Russian cryptocurrency trading platform doesn't charge different fees between takers and makers. Their fee model is instead something called a “flat fee model”. They charge 0.20% (regardless if you are a maker or a taker). These fees are quite competitive as the global industry average is around 0.25%.

[Anoni 65]

Thanks for this information. Yes yobit contains less fees in low rated currency . if you withdraw btc then it will charge more for it is high priced currency. It takes almost 9$ 

[George10 9932]

Yobit has great arrangement on trading fees for swapping between crypto currencies listed there and charges only 0.20%  however, on bitcoin withdraw fees it charges highly 0.0012btc therefore, it's better to withdraw in altcoins like xrp of LTC because fees for withdrawing these are quit favorable as compared to btc.

[Bellamy 1065]

Exactly. We can also add that it has a series of altcoins that we can use when withdrawing, where the commissions are really low, as is the case with LTC, XRP, Waves and Dogecoin.

[Abdulrahman3 1252]

A platform that provides services on its website cannot provide all of this for free, of course everyone takes money in exchange for the services, but according to my point of view and what I saw, the Yobit wallet takes a small commission if we compare it with the others ..

[benalmoh88 1500]

trading fees in yobit is high if we are compare it with the other good exchanges, binance have 0.1% fees of every trading order and if you are using BNB in binance orders, the fee is 0.075%.

[MarkAli 0]

The fees in the yobit platform are low compared to other platforms, the features it offers are good, and there is a fund for trading in this platform with a currency investment fund with a good profit rate, and most importantly of all, the platform is safe to use and the withdrawal fees are low

[gbest2020 645]

I have not trade even once since when I registered in to yobit exchange site but with time I will also I have read from some post that BTC fees is higher than the remaining coins hoping for my trading day to have added experience