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What is the process of adding Yobit to Coinbase?

avatarKT_15Dec 28, 2021 · 3 years ago3 answers

Can you explain the step-by-step process of adding Yobit to Coinbase?

What is the process of adding Yobit to Coinbase?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure! Adding Yobit to Coinbase involves several steps. First, Coinbase needs to evaluate the security and compliance measures of Yobit. This includes assessing their KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures. If Yobit meets Coinbase's standards, they will proceed to the next step. Second, Coinbase and Yobit will negotiate the terms of the integration, including the technical requirements and any fees involved. Once the terms are agreed upon, the technical teams from both exchanges will work together to establish the necessary connections and APIs. Finally, after thorough testing and verification, Yobit will be added to Coinbase as a supported exchange. It's important to note that the process may vary depending on the specific circumstances and requirements of both exchanges.
  • avatarDec 28, 2021 · 3 years ago
    Adding Yobit to Coinbase is a complex process that involves security evaluations, negotiations, technical integration, and testing. Coinbase needs to ensure that Yobit meets their security and compliance standards before proceeding. Once the terms are agreed upon, the technical teams will work together to establish the necessary connections and APIs. After thorough testing, Yobit will be added to Coinbase as a supported exchange. Keep in mind that the process may take time and can vary depending on the specific circumstances.
  • avatarDec 28, 2021 · 3 years ago
    As an expert in the field, I can tell you that adding Yobit to Coinbase is a meticulous process. Coinbase has strict security and compliance requirements, so they need to evaluate Yobit's procedures thoroughly. Once they are satisfied with the security measures, Coinbase and Yobit will negotiate the terms of the integration. This includes technical requirements and any fees involved. The technical teams will then collaborate to establish the necessary connections and APIs. After extensive testing, Yobit will be added to Coinbase as a supported exchange. It's a significant achievement for Yobit to be listed on Coinbase, as it opens up new opportunities for traders and enhances the liquidity of the exchange.