A place to exchange money or the crypto market, from year to year so many changes and various kinds of exchanges, are present and finally closed. There are 2 types of crypto exchange markets, namely central exchange (CEX) and Decentralized Exchange (DEX). Both have the same advantages and disadvantages of course. However, for DEX, it may be more important than it is currently the prima donna of crypto users because it offers them more freedom and privacy than CEX.
Talking about CEX, privacy issues are an obstacle for now. However, if you look at it, it becomes one of the security measures for users as a guarantee in the event of a crime problem occurring in the crypto world, so there is a plus that can be taken from the existence of CEX. And the minus is the problem of very large fees when compared to using personal wallet transactions or DEX.
For the existence of CEX that is currently present, both those who have been in the business for a long time and those who have just arrived, there are quite a lot of updates and developments in the existing competition. Among the several old CEXs that still survive in the crypto world, Yobit Exchange is one of the most respected CEXs for old exchange users if I say it can be compared to the existence of Kraken, Poloniex, and Bittrex. Even though Yobit is more widely known for its bad reputation from time to time with the existence of the trading mafia who play in it. Still, Yobit is one of the favorite places and many choices as an exchange that is still reliable and trusted. Maybe for new users, Yobit becomes a dubious and confusing specter. However, if you take the many tragedies that have occurred in the crypto world, actually Yobit has been a big exchange that has taken many steps to help crypto users if something happens in the global crypto market.
Many of the IEO offered by the Yobit exchange so far has been successful and of course, some have not, and that's common in the crypto world. And there is one thing that is interesting in this exchange is the problem of its appearance which is so classic, unique and also because of the existence of loyal users of Yobit Exchange. Looks old, naughty, and unpretentious, but offers many different things than other exchanges that are present to date. If you are asked why I like this exchange, one of my reasons is that old traders can still be found who have different characteristics or can be said to be real crypto lovers. Due to seeing the number of new users in the crypto world who are very spoiled for their existence. So that it can be seen the conditions to see which words the baby child is not.
If it is read unilaterally, this is indeed one-sided because from my personal point of view. However, it does not invite and recommends, especially those who are not familiar with the conditions of the crypto world, which can be said to be risky, volatile, and cannot be trusted. But this is the real crypto world, not just crying, berating, and despairing when a loss or defeat hits. Then just want profit forever. Realize this is the real world, as well as the crypto world even though it is only in the virtual world but still real.
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Resource: https://www.publish0x.com/alther/exchange-edition-yobit-xnnlejw