Yobit codes - how it use

[Dimarrik 10680]

Yobit codes - allows users of Yobit Exchange pass each other cryptocurrency without fee.

 

1. To create Yobit codes click on your username right corner and choose Yobit codes

 

2.  Select coin (it must be on your balance) and specify the required quantity, then push - Create new code. Now you can give it to some users.

 

3. For activation push Activate Yobitcode

[BullRunBit 2773]

5 hours ago, Smash said:

It would be cool if you told me why these yobit codes are needed and in what cases to use them

Example you have friend who use Yobit exchange and you want to send to him some coins and you dont want to pay fee and you have coins on Yobit, you just create Yobit code and send code to him without fee. Or you just want to share some coins, create code share code in trollbox or here 😀

I thing that is very good idea from Yobit team, because this possibility (to share coins from member to member without fee) is very useful thing (for exchange at all).

[cryptokram 102]

Been on that problem before.

But i guess you dont need to know that as i dont care also.

those codes are not meant for users.

You only want free tokens and that is not the good spot!

[Consignee 2395]

9 hours ago, Smash said:

It would be cool if you told me why these yobit codes are needed and in what cases to use them

It can be useful in various ways, sharing coins without fee mainly. It works like coupon, once you have claimed, the link not work anymore.

Yobit can use this code for rewarding us as well. Just create code with pre-determined amount for our posts, we can claim easily to our yobit account.

[cryptotalker 611]

It's very clever and practical. Giving crypto money to people and friends is a pretty good job. so more people can have an idea about crypto coins.

[meowuuuh 2]

13 hours ago, Smash said:

It would be cool if you told me why these yobit codes are needed and in what cases to use them

In addition on the previous reply. Some people use the code for giveaway, If example you to giveaway 100ETH to 10 person. You can create 10 code worth that then simply send the code to each participants. Just like a coupon ticket.

[Consignee 2395]

1 minute ago, meowuuuh said:

In addition on the previous reply. Some people use the code for giveaway, If example you to giveaway 100ETH to 10 person. You can create 10 code worth that then simply send the code to each participants. Just like a coupon ticket.

It's being used for Airdrop as well. Some days ago I have seen 0xDark project was utilizing the Yobi Codes to distribute their airdrop, although it was a limited number of participants. Not possible in lot of people provably because it will take more time to generate such huge number of codes.

[meowuuuh 2]

Fair enough, I believe that it's very efficient to do airdrop that way rather than on ETH or other blockchain smart contract because participants can sell directly there tokens rather than receiving it on wallet and transfer on exchange which still have transaction fee. 🤤 

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Just an off topic question, How to delete the reply quote in the text box, For example i quoted the wrong content, I can't see the feature on how to delete it and change to the right content to be reply. There is no meta here so it's very hard to ask about forum feature. 😖

[lev 91]

So basically, this is the feature for transferring coins to other yobit user, right ? Usually if user want to move their coin to other account, user will need to withdraw their coin to other address, small amount of withdrawal fee will be charged. But with this feature, it will become feeless.

[s107n 5727]

Yobit codes is an interesting tool. True when they are distributed in the chat exchange, you need to have a good skill to activate them in time. For all the time I was lucky with the activation once. In fact, this is not a bad way of mutual settlements.

[webdeals 70]

oh cool I didn't know it could have been used in this way. I saw the drop down menu but I have never investigate further. If I will ever consider to do so I will play with it. Thanks for sharing this important tool.

[Mohs3n71 0]

thanks for the guide but I think Its actually straight forward and anyone himself can learn how to use this section of website

[BullRunBit 2773]

4 hours ago, Highdose21 said:

Very well explained, thanks. But do you know if there are minimum amount of coins to be send for you to be able to apply the transaction (the sending)?

I just check and for BTC is minimun to create Yobit codes 0.0001 BTC (10,000sat).

That is like for trading, for example DOGE is 100 DOGE ETH is 0.0001 ETH etc.

But for other altcoins I dont know, you can check just putt minimum you can putt and try and you will see notification which is minimum. 😉

[mo.mirzaeipour 227]

On 9/30/2019 at 2:04 AM, BullRunBit said:

Example you have friend who use Yobit exchange and you want to send to him some coins and you dont want to pay fee and you have coins on Yobit, you just create Yobit code and send code to him without fee. Or you just want to share some coins, create code share code in trollbox or here 😀

I thing that is very good idea from Yobit team, because this possibility (to share coins from member to member without fee) is very useful thing (for exchange at all).

i heard some scammers use yobit code for stealing members money . do you confirm that? and how aboid this on yobit ?

[BullRunBit 2773]

1 minute ago, mo.mirzaeipour said:

i heard some scammers use yobit code for stealing members money . do you confirm that? and how aboid this on yobit ?

Yes that is true, they ask for BTC via Yobit codes to they fix your problem (blocked account, or pending withdraw or deposit etc.).

One thing people/users must to remember, that Yobit will never ask you for money/crypto to fix you problem.

And they will never contact you first. That you must remember.

Scammers will do exactly that, contact you first and ask you for money/crypto to fix your problem.

[mo.mirzaeipour 227]

8 minutes ago, BullRunBit said:

Yes that is true, they ask for BTC via Yobit codes to they fix your problem (blocked account, or pending withdraw or deposit etc.).

One thing people/users must to remember, that Yobit will never ask you for money/crypto to fix you problem.

And they will never contact you first. That you must remember.

Scammers will do exactly that, contact you first and ask you for money/crypto to fix your problem.

oh suck a bad trick . these days scammer are everywhere are you wont feel safe . i think member must be more smart and just contact with real support not scammers.

[aika 286]

Does anyone has tested this? Looks like a very useful tool for us traders. 

Does this is trustworthy to use? This people has thought in everything, I'm glad I moved from another exchange to this one. The tool is hidden, we need to check the website well to know the hidden features it offers.

[dentolas 551]

didn't know about this... it is one of those details in which yobit team really hits the bullseye... these guys have imagination and know how to build a strong community. This is usefull, espcially when everything is dealt within the exchange and free of charge

[coinliker 170]

very useful information. I din't know that. So that means if I want to transfer my balance without any fee to other user then i have to create a code and send that code to users to activate. right?

[Luciferludz 1442]

Yobit codes is secret deposit address or secret transfer code to another yobit account. When you create yobicodes do not share to a person who ask for your yobicodes first.

[H-x- 0]

Yobit Codes is a good one, but you need to have enough skills and info. to be able activate them safely in time.and if you want to send your coins and tokens to other yobit coin then it is free of fees. As already mentioned, Yobit codes is cool and worth the try.

[alexisfuentes 2130]

On 9/29/2019 at 12:19 PM, Smash said:

It would be cool if you told me why these yobit codes are needed and in what cases to use them

It is good marketing tool. I use yobit code when someone signs up with some of my promotional  links.

[lakhlomoha 485]

All the time i see this option in yobit exchange but i don;t know how to use it or for what we can use it,but still not understand for what we can use it,it's like you send some coins on your balance to other user on the same exchange 

[Lubruselu 2803]

Yibicodes only used to do internal transfers of coin from one account to another account without any fee by activating the generated codes.

[redamoun 811]

On 9/29/2019 at 11:34 PM, BullRunBit said:

Example you have friend who use Yobit exchange and you want to send to him some coins and you dont want to pay fee and you have coins on Yobit, you just create Yobit code and send code to him without fee. Or you just want to share some coins, create code share code in trollbox or here 😀

I thing that is very good idea from Yobit team, because this possibility (to share coins from member to member without fee) is very useful thing (for exchange at all).

Yeah brother, i agree with you i will only add that i use it also to sell some crypto in yobit for new users, i'm using a blog to do it, and i'm making some good profits, because there is no fee for all transaction between me and them.