YoBiCrypto Corp. (“YoBit” or “YoBit.net”) is a cryptocurrency exchange established in 2014 by a group of European developers. The company is incorporated in Panama, operating under the legal entity YoBiCrypto Corp., with its registered address at 0801-3254 Panama City, Plaza 2000 Tower, Calle 50, Panamá.

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YoBit offers a wide array of services, including:

  • Spot Trading coincarp.com

  • Fiat Integration

  • DeFi Pools

  • InvestBox

  • YoFarm

  • YoDice

Notably, YoBit distinguishes itself by not requiring Know Your Customer (KYC) verification, allowing users to trade anonymously. The platform charges a flat trading fee of 0.2% per transaction.

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While YoBit has been operational for several years, it is important to note that the platform operates without formal regulation or licensing from central financial authorities. This lack of oversight has implications for both the platform’s operations and user protection.

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