YoBit exchange usage tutorial

YoBit is a Panama-based cryptocurrency exchange that has been around since 2014 and is known for offering a large number of altcoin trading pairs and low trading fees. Exchange usage tutorial: 1. Create and verify an account; 2. Deposit funds; 3. Select trading currency pairs and order types; 4. Place and manage orders; 5. Withdraw funds.

What exchange is YoBit?

YoBit is a Panama-based cryptocurrency exchange founded in 2014. It is known for having a large number of altcoin trading pairs and charging low trading fees.

YoBit exchange usage tutorial

1. Create an account

• Visit the YoBit website (yobit.net).
• Click the "Register" button.
• Enter your email address, username and password.
• Verify your account via email.

2. Deposit funds

• Navigate to the “Wallet” section.
• Select the currency you want to deposit.
• Click the "Deposit" button and follow the instructions.
• You can also buy cryptocurrencies directly using a credit or debit card.

3. Place your order

• Navigate to the “Trading” section.
• Select the currency pair you want to trade.
• Select the order type (e.g. market order or limit order).
• Enter order quantity and price (if applicable).
• Click the "Buy" or "Sell" button.

4. Manage Orders

• Your order will be displayed in the "My Orders" section.
• You can track order status and cancel outstanding orders here.

5. Withdraw Funds

• Navigate to the "Wallet" section.
• Select the currency you want to withdraw funds from.
• Click the "Withdraw" button and follow the instructions.
• Withdrawals may be subject to a small fee.

Tip

• Please research currency pairs carefully before trading on YoBit.
• Don’t invest more than you can afford.
• Enable two-factor authentication for your account for added security.
• YoBit offers 24/7 customer service support, please contact them if you encounter any issues.

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