How to find fake currencies on yobit.

[sumbr 78]

usually low volume coin are scam coin, but sometimes price of it's coin can be up, but if you don't want to take risk, you can buy good coins, like yo, dice, eth, trx. it all depends on you want to buy low volume coins but can be pumped and get double profit, or buy good coin then you hold for long term

[GM266 673]

Always do  some research about a currency before investing in it. You should check at least it's price value or potential and the previous situation of that coin before taking any kinds of decision. Sometimes people don't research and face a great loss eventually. So it's the most important thing to do at the time of investment. 

[Faraor 42]

Yobit exchange provides links and information about any token/coin that is listed. You can find thos page under your login. Just go and find information before you want to invest in any coin.

[basel23 1722]

There are many scams, so the best way to avoid these currencies is to invest in trusted currencies only.
I agree with you, coinmarketcap helps us to know the scam coins

[Skit_Bit 155]

this is really useful information, I completely agree with the author that before buying, you need to familiarize yourself with the currency and the basic concepts of trading and you need to familiarize yourself with the basics of the exchange. Have a nice day and good luck.

[Gwataman 147]

to me i find it difficult to notice the fake ones and the right ones im still looking for information to know how to seee fake currencies

[fathiboubou 0]

Thank you for informinthank you for your value information i'm gonna be more carefull in future

[Saj555 2250]

A good research about that particular  currency  can save you from getting scammed. Sometimes hackers provide some fake info and price about a fake currency. Some beginners get into their  traps and invest in them without  knowing  it's  legit or not. To be alert always  and to check it on the legit listed exchange list is the only way to find out about that coin either it's  real or not. Coinmarket cap is really a good choice for that. 

[GalaxyGuard 352]

This is a good idea that can be make , we must be careful when trading in new currencies because investing in them is risky and can cause loss of money.

[O.H.Shakib 32]

I think this is very useful topic for the beginners. Because many of us don't have too much bit knowledge about coin.For which many times it is difficult to recognize fake coins. Before invest you should always check the currency from the site.In this way it is possible to avoid huge losses.

[fuck123 184]

You're right I agree with you because many of us do many sites without knowing it but many people can't catch that the sites are fake but we should review us then make a decision because there are many sites that we have A lot of time goes by with money, but you guys are justified, so I thank you for giving us such information.

[Nicole018 4548]

Yes it is always advisable and safe to invest in those currencies that have a stable market. Some insignificant coins or that coins will have really unstable demand that is, you cannot, at all protect its fluctuations and prices. So it is always best to go for those coins that have huge market value and demand and this post contains the site to which those coins can be identified.

[mohamedpc1 2213]

Yes, do not invest in any currency that is not on the Coin Market Cap because you will lose your money after a while. Always make sure that the currency is on this site and study its price well before you buy. Be careful so that you do not lose all your money and regret it.

[fatimateta 175]

You will find these coins with no volume , so trade only yobit owned coins like minex, yoda, dlrs and many or go investbox or vmining so you have alot of options

[Zeshan Khalid 2577]

You can easily see the trend if currency whether it is going up or falling in yobit trade section. But if you want to observe it more briefly then you should check it manually by ovsrving for some days.

[Emma William 2399]

In my opinion, it is better to invest our money in known currencies! So why take the risk?There are many known currencies in which trading is really very profitable! I will mention some of these currencies through my experience in this field ( DOGE, WAVES )

[Irungu 4299]

Its very difficult to get any information on dead coins but you just can trace how they have been performing and in the end that really is the only way to go, if there has been not much of activities then its important to really keep everything in the right perspective

[Russel 017 506]

Every men should allways check the the currencies before  investing.If fake currencies invested,it will major losses.Bitcoin and litecoin is the more secure currencies.Thanks for your information 

[Dormilon 2183]

On 3/16/2020 at 6:41 AM, Ch Ayyan said:

You can avoid  fake currencies  in this  way.

* - Before investing in any currency you should for on this site (https://coinmarketcap.com) for currencies.

* -  Don't invest immediately, wait for sometime as fake currencies go up quickly and fall also immediately in few minutes.

 do you like my suggestions.  If you find it useful  give me good  reputation. 

Searching in CMC is not enough to see if a coin is a scam, you have to research the project in depth, some coin developers in complicity with some exchanges manipulate the prices of the coins and you can see them as very good when they are looking for it is stealing from those who may choose to have it.
To know if a currency is a scam, you have to see how many exchanges it is listed on and the volume it has in each one, see if it has a web page with its data and what its governance is like to verify the seriousness of the project and the level of involvement of the developer or developers with the project, study how big their community is and how they get involved in it.
This is just a part of advice to study a coin, other things that are intrinsic we learn it over time and we see signs that allow us to keep it or discard it.

[Mark wood 2970]

On 3/16/2020 at 3:41 PM, Ch Ayyan said:

You can avoid  fake currencies  in this  way.

* - Before investing in any currency you should for on this site (https://coinmarketcap.com) for currencies.

* -  Don't invest immediately, wait for sometime as fake currencies go up quickly and fall also immediately in few minutes.

 do you like my suggestions.  If you find it useful  give me good  reputation. 

I'm agree with you before investment research is the best way of protection your coins because if you don't know and invest it in fake site so you will not be able to get your coins back and thanks for sharing the link for research..

[Viscount 1357]

It is really important that you search for the coin before you invest on it, because nowadays there is a big chance that a coin you might invest on is just a scam coin. Also, it doesn't just work with Yobit, it does work on all cryptocurrency exchange.

[Dorjoy12 8962]

1 hour ago, Mark wood said:

I'm agree with you before investment research is the best way of protection your coins because if you don't know and invest it in fake site so you will not be able to get your coins back and thanks for sharing the link for research..

@Mark wood whenever we are going to invest we should choice those currency that is already listed in many exchange site like Binance, Kucoin, coingecko and so on.. But if you talked about yobit coin then mostly coin is fake in one word as the yobit authorities make their own coin which marketing is very bad.. You can see about dslr too that soon it will be like dice               

[Mark wood 2970]

Just now, Dorjoy12 said:

@Mark wood whenever we are going to invest we should choice those currency that is already listed in many exchange site like Binance, Kucoin, coingecko and so on.. But if you talked about yobit coin then mostly coin is fake in one word as the yobit authorities make their own coin which marketing is very bad.. You can see about dslr too that soon it will be like dice               

Yes that is the mein thing @Dorjoy12 it only depends on your experience if you have experience so you will not face problem in investment, Because you know about the markets and coins so that's why learning is the great tool for the better day..

[Dorjoy12 8962]

3 minutes ago, Mark wood said:

Yes that is the mein thing @Dorjoy12 it only depends on your experience if you have experience so you will not face problem in investment, Because you know about the markets and coins so that's why learning is the great tool for the better day..

@Mark wood i think so that nothing is above than knowledge and experience.. Also some people depend on experience than knowledge which is more beneficial.. But its bad for those people who dont want to learn somethings but want to earn money like dslr airdrop task in our forum.. Members dont work goodly but they expected to get coin..                

[VijithaVarghese 1994]

Good suggestion thank you for this. The best was is to stick around currencies that are trusted by the crypto world. These can include coins like bitcoin itself. Always take the opinion of a trusted professional or expert in the crypto community. This can help you stay away from all the coins that are fake. This will help people realise the value of coin while making a decision.