What is Yobit?

Yobit is an electronic exchange that provides trading services for virtual currencies such as Bitcoin, Ethereum, Bitcoin Cash, Lisk, etc. and many other Altcoin virtual currencies. Like other electronic exchanges such as Bittrex, Binance, Poloniex, Livecoin, …

Yobit was founded in 2015, there is no other information on the main website, Yobit.net supports 4 languages: English, Russian, Arabic and Chinese. According to tapchibitcoin.vn, which has been playing for a long time, this floor is in Russia.

This exchange has its own coin, YOVI, every day is hit by 0.2-0.4%

This floor has a very good investbox (equivalent to lending) section, for investing a lot of coins from 0.1% -10%/day. BTC, ETH, LTC, DASH, LIZA are also invested. But you have to enter Dice once a day to receive payment.

Currently, the floor is offering investbox LIZA with 10%/day. A very potential coin after the hard fork on October 27, 2017 with a ratio of 1 BTC: 100 LIZA.

Yobit has a user-friendly interface, full screen interface, fast deposit and withdrawal, YobiCode support, btc-e API for faster access to the system, 2 authentication factors (Google Authenticate and Email), lottery winning program, ICO listing, free coin offering and trading support for many popular and uncommon cryptocurrencies.

Yobit Account Registration Instructions

Visit the link: .yobit.net click Registration above right.

Enter complete registration information:

Go to your email address and click on the link Yobit gave you to verify your account

After confirming the account, then press and login on the top right to log in to Yobit exchange.

Yobit Exchange Security Installation Guide

Following the series of instructions on how to use Yobit exchange, in this section, I will guide you to install Yobit security.

When you log in to the account, point to the account name and click on the Settings item in the account.

To set up security Yobit will ask you to download the Authy mobile app and scan the QR-code.

The above picture has also instructed and asked you how to use and secure your account, in short, the main ideas:

Install Authy software on your Android or IOS phone

Scan QR code given (Note: remember to save the 2FA backup key code carefully to restore when something goes wrong!)

Enter the 2FA code provided by the Google Authenticator software on the input card and press enable to activate the security.

Take a screenshot of the QR code in case you lose your phone.

Instructions for Depositing and Withdrawing Cryptocurrency in Yobit

On the menu bar you click on Wallets

Find the cryptocurrency you want to deposit or withdraw, then click Deposit or Withdraw

When you click on Deposit, the interface will display the wallet address, and you will proceed to load the corresponding currency into the selected e-wallet.

Withdrawal Order when clicking Withdraw and do fill:

Withdrawal address: Enter the wallet address you want to withdraw that coin to

ity: Enter the amount you want to withdraw

Withdrawal fee: This is the transaction fee when you make a coin withdrawal on Yobit

Obtain: Yobit will calculate the amount of coins you have withdrawn

Click Withdrawal request to proceed with the withdrawal

So that’s the end of Yobit account registration, next I will guide you on how to use Yobit exchange to buy, sell and trade coins.

Instructions for Using Yobit Exchange To Trade Coin

Click on Trade on the menu bar or visit: www.yobit.net/en/trade

Observe the picture below, you will see, the first area is the increase and decrease in the value of the coin (on the right), in this case, this is the increase and decrease in the value of DASH compared to BTC (DASH/BTC) )

The 2nd zone is a list of cryptocurrency pairs including 7 main items: TOP, BTC, ETH, DOGE, WAVES, USD, RUR. These are 7 basic coins that you can use to trade with other Altcoins such as ADX, AMB, BCC, BAT, etc.

If you want to trade with any currency pair, just choose that currency pair.

Scrolling down you will see 2 Buy/Sell frames, in this case Buy DASH and Sell DASH .

Buy means you want to buy DASH with Bitcoin. In this section includes 3 main parameters are:

Amount : the amount of DASH coins you want to buy

Price : Order price (BTC unit)

Total : Total Bitcoin you have to pay

After setting the parameters, press the Buy DASH button to place a purchase order

On the contrary, the Sell DASH section means selling DASH coins that you can sell to get Bitcoin. This section also includes 3 main parameters:

Amount : Amount of DASH coins you want to sell

Price : The price you will sell BNB (BTC units)

Total : Total amount of bitcoins that you will receive

Press the Sell DASH button to place a sell order

When you place an order, scroll down and you will see that the first red circled area is the order you placed. If it is empty, it means that you have just placed an order, then there are already buyers, then you look at the second red circled area which is the order you placed in the last 24 hours.

Video Tutorial

See more:

According to Tapchibitcoin.vn

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