The Panama-based company Yobit Exchange assists the withdrawal of fiat and cryptocurrency from the money wallets and the buying and selling of the currency without KYC by using the fiat money system. It is one of the top exchanges in terms of trading volume, liquidity, and traffic, holding a daily volume of 5650.0 BTC. Yobit Exchange acts globally without geographical boundaries, and the firm was founded by Pavel Krymov in 2014, its legal name is YobitCrypto Corp.


Yobit provides an extensive range of access tokens for trading on the market, there are over 550 cryptocurrency supporters in 8576 active markets including USD, RUB, and other tokens. The platform is currently using nine technologies, which include SPF, SSL by Default, and LetsEncrypt. The main features of the firm are an exchange, which advocates private trading; low trading fees of just 0.2% on a daily trade basis; Invest Box; Yo Token; free coins; and fiat to crypto trades. Yobit is a scarce characteristic of a self-regulated exchange that advocates private trading.