1) What is Bitcoin?
Bitcoin is a cryptocurrency created in 2009 by an unknown pseudonymous person named Satoshi Nakamoto. Bitcoin is a decentralized digital currency that can be sent between users on a peer-to-peer bitcoin network without the need for intermediaries.
2) Is it legal to use cryptocurrencies and work with Yobit.net?
Yobit.net is a cryptocurrency exchange platform that unites major market players. Yobit.net always supports cooperation with the most popular world cryptocurrencies and provides the possibility to gain profit at electronic money exchange transactions. Account at Yobit.net website is completely legal and cryptocurrency trade is allowed by legislation of nearly all the countries worldwide.
3) Is my personal information protected while using cryptocurrency?
Yes, cryptocurrency transactions are secured using blockchain technology. Yobit.net implements encryption technology to protect user funds and private information during transactions.
4) What do I need Yobit.net for?
Yobit.net is a cryptocurrency exchange platform that unites major market players. Yobit.net always supports cooperation with the most popular world cryptocurrencies and provides the possibility to gain profit at electronic money exchange transactions.
5) What should I start with?
Register at the website choosing your login, password and e-mail address for the access to the system. Registration is fully free! After sending the application for registration you will receive e-mail letter with activation link which you should use to activate your account.
6) Do you support alternative methods of funds depositing such as debit or credit cards?
At the present moment Yobit.net does not cooperate with the given deposit methods. All the transactions conducted at our website are irreversible. In future we are planning to add more deposit methods.
7) How quickly does the Support Team respond to a request?
Major quantity of responses comes to users within an hour, but sometimes it takes up to 24 hours to send the response. We are working at improvement of Support Team performance.
8) What is deposit fulfillment waiting time at Yobit.net?
Any deposit or withdrawal transactions starts just as the user's application is created. However any funds transfer and changes can take up to 24 hours. Sometimes delays in 1-2 days are possible.
9) Do you fulfil any funds withdrawal requests?
Yes, Yobit.net fulfills all withdrawal requests. While fulfilling cryptocurrency wallet withdrawal transactions Yobit.net does not coordinate anything with governmental bodies.
10) Is there any fee for using Yobit.net service?
Yobit.net fulfils exchange transactions and charges a commission from each transaction. Commission amount depends upon the currency type however does not exceed 0.2% of the transaction amount as a rule.
API FAQ
For API documentation and usage, please refer to our API section.