About Yunbi
Due to Chinese regulatory pressure Yunbi ceased trading on August 18th 2017
History:
YUNBI, formerly Peatio Exchange, is a cryptocurrency exchange cofunded by BitFundPE. YUNBI started in July 2013, and after a 9-month trial run, they announced its formal launch at April 1, 2014.
Built with the code released by Peatio Open Source Project, YUNBI adheres to the principle of integrity, transparency and being open-sourced, offering customers a highly-safe and easily-operating platform to trade digital currencies.
All the team members of YUNBI exchange are core developers in Peatio project. Coming from Ruby China, they are energetic activists, passionate on programming and experts in creating software.
YUNBI uses Markle Tree to prove reserves. Every customer can validate assets anytime they want. Besides, they publish YUNBI’s reserves everyday on twitter / facebook / weibo, and they’ve been doing this since the first day they started running.
YUNBI promises that they would hold on tight to the original intentions of Peatio project, and they would never abuse their customers’ assets.
Pros & Cons
AI
Pros
- Low trading fees for BTC
- Established in 2013
- Formerly known as Peatio Exchange
Cons
- Ceased trading since August 2017
- Low user rating of 2.80
- No current trading volume or pairs
Trading Fees
| Fee Type | Amount |
|---|---|
| Spot Trading Fee | 0.1% (Maker/Taker) |
| Crypto Deposits | Free |
| Crypto Withdrawals | Varies by coin |
Withdrawal fees vary by cryptocurrency and network. For current fees, please visit Yunbi's official website.
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