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The risk of the investbox on yobit

  • Thread starter Thread starter BrolySSJ
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BrolySSJ

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There are many different cryptocurrency exchanges that are out there and the one that i have used quite since getting heavily involved in cryptocurrency is the yobit exchange platform. There is a feature on this platform that is referred to as the investbox, where you invest certain coins and you can earn percentages on that investment, either on a daily or a weekly basis. There are some percentages where you can earn up to 10% daily. The risk with this on the other hand is that the higher interest rates are for coins that are low valued or that are very volatile and risky on the price. Have you ever utilized this feature before and if so, what is your experience on this forum?
 
Well I haven't been able to check out this platform but a lot of exchanges have this feature as well though on a different profitability. 10% daily seems a great returns on investment and I'll check it out.
Thanks for doing this anyway.
 
The roi seems to be very encouraging and that makes me feel very suspicious of the whole scheme. It will be extremely mouth-watering to give such percentage on a daily basis.
 
There are many different cryptocurrency exchanges that are out there and the one that i have used quite since getting heavily involved in cryptocurrency is the yobit exchange platform. There is a feature on this platform that is referred to as the investbox, where you invest certain coins and you can earn percentages on that investment, either on a daily or a weekly basis. There are some percentages where you can earn up to 10% daily. The risk with this on the other hand is that the higher interest rates are for coins that are low valued or that are very volatile and risky on the price. Have you ever utilized this feature before and if so, what is your experience on this forum?
There are some dangers involved in employing the YoBit bitcoin exchange's InvestBox feature. Cryptocurrency assets are not insured by any government or financial institution, and their prices can fluctuate dramatically. Furthermore, several exchanges have already been attacked by hackers and scammers, resulting in considerable losses for users.
 
I have not used Yobit. I use Binance, I can stake coins on binance and earn interest daily. I can also put my coins into the earning pool and earn interest. How much I can ern depends on the coin
 
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