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Three ways to find fake currencies on the Yobit

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I never thought that yobit has fake coins but I have read the post and I will be more vigilant more than before and this will ensure 

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On 1/31/2020 at 3:37 PM, SHAABAN199 said:

Three ways to find fake currencies on the Yobit platform:

1- Before investing in any currency I am looking for on this site (https://coinmarketcap.com) for currencies, this does not mean that every currency on this site is a real currency.

2- Search for the currency within its official website, form, and white papers, in addition to the currency road map

3- Don't invest immediately, wait and slow, as fraudulent currencies go up quickly and fall faster in less than a minute

There are many other ways to find fake coins ... and every trader has his own way of finding the right path

It was pointed out that impulsion and impatience are the most important factors in the loss, so you are waiting and not rushing, because the stock market in general or trading is what "

Except for an attempt from a patient merchant to a less impatient dealer

 

The information you have provided is very useful thanks for posting it and yes you are right one should be patient enough to achieve big results.

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On 1/31/2020 at 4:37 PM, SHAABAN199 said:

Three ways to find fake currencies on the Yobit platform:

1- Before investing in any currency I am looking for on this site (https://coinmarketcap.com) for currencies, this does not mean that every currency on this site is a real currency.

2- Search for the currency within its official website, form, and white papers, in addition to the currency road map

3- Don't invest immediately, wait and slow, as fraudulent currencies go up quickly and fall faster in less than a minute

There are many other ways to find fake coins ... and every trader has his own way of finding the right path

It was pointed out that impulsion and impatience are the most important factors in the loss, so you are waiting and not rushing, because the stock market in general or trading is what "

Except for an attempt from a patient merchant to a less impatient dealer

 

I found many tokens fake in the yobit exchanger. Also some are listed in the investbox. I don't know why they are doing this. It making their reputation bad. Many begginers investing on it without knowledge.


 

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Very well said from my first day till now I learn new things on this forum. I started liking this plateform because it works both ways earning and learning. Helpful post thanks.

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yeah you are right i think that before investing we should have to search for it, and than we should invest in it, these kind of buisness is now in high demand, so i think that before investing we should be aware of every thing happening relating to that.

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On 1/31/2020 at 5:37 PM, SHAABAN199 said:

Three ways to find fake currencies on the Yobit platform:

There's no fake currencies but fake " cryptocurrency " always there. Most people use coinmarketcap for searching coin info and market but in Yobit you only need to see volume, if still zero ( empty ) never replace your money. Choose popular coin for your safety and trading is more challenged than investment.

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sharing your ideas with this forum makes us all better in cryptocurrency field and thanks for sharing your idea to us and hope that many people would understand your topic..happy posting.

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Thank you for the tips that OP has provided, now I understand how to distinguish fake coins from genuine coins using the tips suggested by the OP

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Right your there ways  are genuine but in yobit their are many coins which is not listed .then you can judge it fake or worth it we get scammed while doing it 

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On 1/31/2020 at 4:46 PM, Unknown user said:

I don't know that the youbit exchange cantain fake coins so thanks for sharing this information.

As far as falling of fake coins is concerned its entirely electronic medium being utilized on computers and other factors are uncertainties without relevant reasons and logics.

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On 1/31/2020 at 11:37 AM, SHAABAN199 said:

Three ways to find fake currencies on the Yobit platform:

1- Before investing in any currency I am looking for on this site (https://coinmarketcap.com) for currencies, this does not mean that every currency on this site is a real currency.

2- Search for the currency within its official website, form, and white papers, in addition to the currency road map

3- Don't invest immediately, wait and slow, as fraudulent currencies go up quickly and fall faster in less than a minute

There are many other ways to find fake coins ... and every trader has his own way of finding the right path

It was pointed out that impulsion and impatience are the most important factors in the loss, so you are waiting and not rushing, because the stock market in general or trading is what "

Except for an attempt from a patient merchant to a less impatient dealer

 

Are there fake coins on Yobit? The topic of this post is misleading. There are many exchange coins on Yobit that's strictly traded on Yobit. YoPony, YOTRA, YONE are few coins native to Yobit and you won't see white paper but if you carefully trade these coins, it will sure give you profits

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On 1/31/2020 at 5:37 PM, SHAABAN199 said:

1- Before investing in any currency I am looking for on this site (https://coinmarketcap.com) for currencies, this does not mean that every currency on this site is a real currency.

So far I only use coinmarketcap site as guide to choose popular coin I need to invest, they have everything I need, such as coin data, market and history chart. I can use it to predict which coin to choose and set my target as limit. If I do all your step I don't have enough time and maybe will late to replace fund.

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On 1/31/2020 at 12:37 PM, SHAABAN199 said:

Three ways to find fake currencies on the Yobit platform:

1- Before investing in any currency I am looking for on this site (https://coinmarketcap.com) for currencies, this does not mean that every currency on this site is a real currency.

2- Search for the currency within its official website, form, and white papers, in addition to the currency road map

3- Don't invest immediately, wait and slow, as fraudulent currencies go up quickly and fall faster in less than a minute

There are many other ways to find fake coins ... and every trader has his own way of finding the right path

It was pointed out that impulsion and impatience are the most important factors in the loss, so you are waiting and not rushing, because the stock market in general or trading is what "

Except for an attempt from a patient merchant to a less impatient dealer

 

I would love to trade in yobit but if the chart still like this i cant even try to buy any coin that is like losing . They really need to fo an update in the platform..

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1 minute ago, Hanan951 said:

I would love to trade in yobit but if the chart still like this i cant even try to buy any coin that is like losing . They really need to fo an update in the platform..

ni Yes they have both problems, scam coin and a bad chart that need some update, hope they do this move soon.

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Actually some coins were good in the past times then their teams left their coins after along time of support 
so these coins are now scam cause no one will support you from their team 
so it is very important factor to check coins team and see the last activity on social media specially on Facebook and telegram 

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You can search about the currencies on the Internet that they are fake or not. So it's very simple way to find That a currency is fake or not.

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Yours ways of detecting fake coins are good and this will help many users on yobit cause there are lots of fake currencies on yobit, there are some ways too, like focusing on the coin teams and checking them out to see if they are who they say they are and what are their experiences with cryptocurrency.

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On 1/31/2020 at 3:37 PM, SHAABAN199 said:

Three ways to find fake currencies on the Yobit platform:

1- Before investing in any currency I am looking for on this site (https://coinmarketcap.com) for currencies, this does not mean that every currency on this site is a real currency.

2- Search for the currency within its official website, form, and white papers, in addition to the currency road map

3- Don't invest immediately, wait and slow, as fraudulent currencies go up quickly and fall faster in less than a minute

There are many other ways to find fake coins ... and every trader has his own way of finding the right path

It was pointed out that impulsion and impatience are the most important factors in the loss, so you are waiting and not rushing, because the stock market in general or trading is what "

Except for an attempt from a patient merchant to a less impatient dealer

 

I never think that yobit have some fake currencies. Now i will always research about coins then i invest in coins for get some profits.

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Hello everyone thank you very much for this important information. It is really Beneficial am actually enjoying using cryptotalk

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This is very helpfull topics that you post becouse i have read some.of the comments in telegram group stating that they already buy a coin named x10 but now they cannot exchange it with bitcoin and if they will read that topic they will understand it and they will not again buy coins that are really fakes project or worst dead coins

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Your topic is rich in information, but some days, if you were exposed to a fraud by investing, I became hate working in the investment field. I am separating the work in the field of trading and I do not think that there are counterfeit currencies that may be currencies with low prices.


 

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On 1/31/2020 at 3:37 PM, SHAABAN199 said:

Three ways to find fake currencies on the Yobit platform:

1- Before investing in any currency I am looking for on this site (https://coinmarketcap.com) for currencies, this does not mean that every currency on this site is a real currency.

2- Search for the currency within its official website, form, and white papers, in addition to the currency road map

3- Don't invest immediately, wait and slow, as fraudulent currencies go up quickly and fall faster in less than a minute

There are many other ways to find fake coins ... and every trader has his own way of finding the right path

It was pointed out that impulsion and impatience are the most important factors in the loss, so you are waiting and not rushing, because the stock market in general or trading is what "

Except for an attempt from a patient merchant to a less impatient dealer

 

I didn't see or hear about any fake coin but I can believe that because you can see the scam airdorps programs and also fake exchanges and it is possible that there are fake coins out there.

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