YoBit.Net is a Scam!

in #vpn4 years ago (edited)

I tested YoBit.Net with a small transaction to see if it was legit, and they robbed me of $100.00.

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Everyone, we have been in the Crypto space since 2017 and we have always done our best best to steer you all in the right direction. We have made several Crypto calls over these 4 years and only 2 were less then what I expected. Matrix dropped from its ATH, the company still has potential but they did not meet their goals on time, they have made some upward progress this year but I am not longer banking on their performance. The other failure of mine was Self Key (KEY), they have not gone under but they are worth a fraction of what they were in 2017. This is another company that failed to perform. Other than those two we have done reasonably well with our calls and we have always given you good information. That all being said, this crypto exchange YoBit.Net is terrible, here is what happened.
I sent $215 from Coinbase to YoBit.Net (after fees). I received $214 USD (0.00385 BTC at the time was $214 USD) and immediately made one market buy (trade) BTC to Sent. Immediately upon completing the trade I was left with $112 USD I received 6861 SENT. My BTC value went from 0.00385 to 0.00227 (which was $112 USD at the time). I contacted support and they told me it was due to a price change... I told them that this is robbery, the price of SENT did not double in the seconds it took me to make my purchase. My transactions are time stamped, this is ridicules.

I knew the risks by using this BS exchange, but I really wanted to buy into SENT (sentinal dVPN), before it was listed on a major exchange but I wanted to buy $2,000 worth, however after seeing the fees for $200, I will not by investing $2,000 so they can take half in fees. I will use UNISWAP or for my next purchase.

Good luck out there all.

This is not financial advice and I am not a financial adviser, invest at your own rist.