YoBit is a cryptocurrency exchange that is based in Russia. It was launched in 2014. This exchange serves the cryptosphere via almost 500 active markets (493+) and a massive 7000+ currency pairs, including both crypto-to-crypto and fiat-to-crypto currency pairs. In addition, there website is available in Chinese, English and Russian. this crypto-asset trading platform is surrounded by many controversies. Controversies include being involved in pump-and-dump schemes involving various cryptos, including PutinCoin (Ticker symbol: PUT), the arrest of YoBit founder, Pavel Krymov, for allegedly being involved in fraudulent activities, the alleged questionable use of ticker symbols and token names to get market participants to buy fake tokens (BNB is “Boats and Bitches” instead of Binance Coin, KNC is “KingN” instead of Kyber Network, etc.), the alleged restriction of token withdrawals by claiming tokens are “Under Maintenance” while deposits remain open and many other controversies. The exchange is also not know for superior security. This exchange lost a substantial quantity of Ethereum Classic (Ticker symbol: ETC) tokens during the 51% attack on the ETC network that took place in January 2019. The authentication and log in process is suspiciously fast. In terms of fees, YoBit charges 0.20% fee to market makers as well as market takers. Support is notorious slow and based on a ticked system with no live chat option.