As is customary, let's start with an explanation. The idea behind Move-to-earn projects lies in the name, as it translates to "move to earn". The most popular representative of this concept is STEPN, based on the Solana network.

Basically, to start with, the user buys the right trainers in the form of NFT tokens, which vary in features and length of time to earn coins. Then it is the turn of the GPS-tracked activity in the form of walking or jogging, and it must fall within the distance specified next to the trainers. If you run less or more than that, no tokens will be awarded.


STEPN website

Also trainers need to be repaired, because over time they will earn less coins.

Trainer variations in the game STEPN

And the more trainers in the collection, the more time the player gets to earn cryptocurrency. So in the end it’s a whole ecosystem within the blockchain industry with its own features, tricks and fans. Naturally, some users make good money from their hobby. Especially if they know how to count the distance and plan their time.

Today, the native token of the STEPN platform under the ticker symbol GMT ranks 86th in the overall ranking of cryptocurrencies by market capitalization with a value of $498 million, which means that the idea of the project has proven to be extremely successful and popular.

STEPN GMT exchange rate chart

Now the popular YoBit exchange has prepared its own vision of this mechanics. Here, fortunately, there is no running yet.

What is YoBit.net

To start with a theory. YoBit is a well-known cryptocurrency exchange that has been in operation since 2014, and it has never been hacked since its launch. Today, the platform is the only centralised exchange that allows trading without identity confirmation or any restrictions. In other words, there is no need to show documents to interact with the exchange.

According to Coingecko, over the last day trading volumes on the exchange reached the equivalent of $75 million. The most popular pair is ETH/BTC, which accounted for 60 percent of the volume.

Trading volume figures of the YoBit cryptocurrency exchange

The YoBit exchange also has a native token with the ticker YO, the presence of which provides certain bonuses for users. In general, the YO chart coincides with what is currently happening in the market.

YoBit YO cryptocurrency exchange rate chart

The exchange supports over 400 coins in at least 4,500 trading pairs. The platform also regularly runs promotions, contests and even airdrops. We participated in one of the latter in May.

What is YoStep and how it works

YoStep is a move-to-earn project from the YoBit exchange. To be more precise, YoStep is more like don’t-move-to-earn, because you don’t have to run and sweat with it. What, then, is the gist of what’s going on? We explain the main points:

• YoStep is a special page on the YoBit exchange dedicated to virtual trainers. That’s right, you have to buy a virtual pair of shoes to generate passive income. Spoiler: you do not have to spend a lot on it;
• Trainers are valued at USDT. There are models for every purse – there are shoes for 10, 50, 100, 200, 500 and 1000 dollars. For Bitcoin investors from 2011 there are more expensive trainers: you can spend 5, 10, 20 and even 50 thousand dollars. The more expensive the model, the more daily bonuses in YoStep tokens it earns;
• Buying trainers isn’t everything. You have to move around to earn rewards, but only within the exchange. Basically it’s about doing simple activities on YoBit on a daily basis. At the moment it’s playing Dice – that is, dice – at least ten times a day for any amount in a YoStep token.

As we’ve already noted, there’s no running or cycling involved – which is a major plus given the sometimes unbearable summer weather.


Exchange representatives note that YoStep may have an activity component, which will be tentatively implemented through a Telegram bot or web interface. However, this is not yet certain.


In addition to daily tasks, users will also get to repair their trainers, because nothing in this world lasts forever. For this, as cryptocurrency connoisseurs have already guessed, the already mentioned YoBit native token under the ticker YO is used.

Characteristics of the YoStep platform trainer

What deserves separate clarification is that the minimum price of the trainer is $10. Accordingly, to join the theme and try the concept of “movement to make money,” in fact, anyone can. Well, then it will need to look at when it is better to switch to a model poddvudnee.

The rules of the platform YoStep

How to get YoStep Sneakers

Every YoStep user will need trainers, but getting them is not easy. Firstly, the project has a quantity limit: it increases gradually by a small number every hour between noon and 10pm. Accordingly, you will essentially have to hunt for them and try to be among the first to get a new batch of shoes.


We, too, have experienced the inability to buy trainers due to their limited availability. The notification that there are no pairs available looks like this.


Mistake when buying YoStep trainers due to their unavailability

Secondly, the project has a time limit for buying no more than twenty pairs for regular users in a certain period. At the same time, if the trader holds a native YO exchange token, this figure is doubled.

What to do with YoStep Sneakers

So, you got the trainers, what to do next? First of all, you need to play the so-called Dice at least ten times a day. If the number of games accumulates, the user receives a payout.


Dice or Dice is the analogue of the usual dice. It works simply: there are three cryptocurrencies to choose from in the form of BTC, USDT based on the Etherium network or YoStep for betting. In order to earn rewards for the trainers, Dice needs to be played on YoStep - this is important. Then we specify the size of the bet. For example, the minimum bet for the desired coin is 0.00001 YoStep.

After that, try to guess what number will fall in the random number generator. It is possible to bet on less than 48 and more than 52. If we guess it, the bet is doubled. Do not guess - we lose it.


Playing Dice on the YoBit exchange.

Payouts are made twice a day. Accordingly, you should play Dice ten times a day twice in order to obtain the highest possible rewards. For example, in the morning and in the evening.

Once a month, the shoes need to be repaired so that they serve with the same efficiency. The price of the repair is 5 percent of the total cost of the pair. Also in the future YoStep tokens can be used to improve trainers, but for now this function is not available.

How the money is used on the YoStep platform

The developers are open about what happens to the money spent by users. In general, once a pair is purchased, the entire amount goes to three destinations. These are:

1. A large portion in the form of 80 per cent goes to the YoStep redemption fund. This is needed to have a steady buyer in the market who will not allow the token’s rate to be flooded;
2. half of the balance in the form of 10 percent goes to referral bonuses, i.e. those who attract acquaintances, friends or simply subscribers in social networks to participate in the project;
3. The remaining 10 per cent goes directly to the instant redemption of the YO.

In turn, 20 per cent of the redemption fund goes to buying YoStep in a trading pair with USDT immediately after the transaction. Another 60 per cent goes to similar trades, but in the equivalent of 2 per cent of the fund within thirty days.


In other words, the most tangible effect on the YoStep exchange rate is the redemption of the cryptocurrency immediately after the purchase of the trainer. That said, there's also ongoing demand for a smaller amount from developers - and it's automated.

It should be noted that YoStep can be traded just like any other token. This means that the earned crypto-asset can also be easily sold.


Why YoStep platform is needed

YoStep’s goal is to attract an audience of new crypto investors and traders to the YoBit platform. Still, growing the number of users is a priority for exchange representatives, so they are willing to spend personal funds to pay bonuses to newcomers. In fact, this is what provides such a high yield to virtual trainer owners.

In general, conducting nice promotions, raffles and giveaways is a common practice among exchanges, because in this way they win fans. For example, Binance opens up its audience to new crypto projects through its Launchpad platform, while the Woo X platform gives away commission-free trading as a reward for staking a native WOO token.

YoBit is no exception. In this case, the exchange is being generous in giving away YoStep tokens in order to be remembered by users and become their premier trading platform.

How to use the YoStep platform – a step-by-step guide

Let’s now describe the entire process of interacting with the exchange, including registration, depositing your wallet and working with virtual trainers.

Immediately note that some YouTube-bloggers have already had a chance to get acquainted with the platform YoStep, as told in their videos. Accordingly, if you prefer the video format, you can explore the options below.

For example, here are the options from Russian-speaking content creators.

Also.

Foreign traders are up to date as well. They also show how to use the exchange, buy trainers and earn on YoStep.

To get started, you need to register. Here it’s simple: go to the YoBit homepage and find the corresponding button at the top right of the page. In this case, registration also promises to get 4700 FUSD – this is part of the exchange’s airdrop, which we have already written about.

YoBit crypto exchange registration button

Registration is classic. You have to enter your login along with your email address, then come up with a password and confirm it. You also need to enter a captcha – note that you only need to enter the highlighted characters. Here you have to agree with the rules of the exchange and confirm the email address in your inbox.

YoBit signup window

The next logical stage of interaction with the exchange is to top up your own wallet. To do so, click the plus button opposite the desired cryptocurrency in the top left “Balances” menu.

Empty balance on YoBit cryptocurrency exchange


Cryptocurrency lovers are advised to top up their Bitcoin account. The fact is that in order to activate Dice, which must be played for the daily accrual of YoStep tokens, a deposit must be made specifically in BTC. As the exchange representatives note, the deposit can be any amount - even 0.001 BTC.

Apparently, the platform is improving its own liquidity in this way. And since, as we've already found out, most of the trading on YoBit takes place in a Bitcoin trading pair, this requirement sounds logical.


We use the received address to send coins and then wait for them to be credited.

YoBit crypto exchange deposit address

Deposits in place.

Replenished balance on YoBit crypto exchange

Now moving on to the YoStep page. The first thing that catches your eye here is the table with the available trainer models. They have different tiers, different yields and bonuses, with the most expensive pair available so far being the $1,000 trainers.

YoStep affordable trainers on the YoBit crypto exchange

For example, the most affordable pair for $10 will yield 1 YoStep token per day – which is approximately 11 cents at the current exchange rate. The estimated yield for the year is $40, and it is important to understand that this figure is directly dependent on the market rate of the YoStep token. If it drops or rises, the yield will decrease and increase accordingly.

To buy use the appropriate button. Transactions are conducted in USDT, so in case you deposit in Bitcoin you need to convert part of the amount into this Stablecoin.

Buying cryptocurrencies on the YoStep platform of cryptocurrency exchange YoBit

Again, the number of available trainers increases little by little every new hour between 12:00pm and 10:00pm. Therefore, you’ll have to work hard to buy them. If you don’t go in at the right time, the platform is likely to give you an error because there are not enough pairs available.

Lack of available trainers on the YoStep platform

We have purchased several pairs of shoes. As you can see in the screenshot below, the time before YO tokens are credited is indicated against each model.

Purchased trainers on the YoStep platform


Pay attention that first trainer revenue is 1.78 YoStep per day instead of 1. Why is this so? It's because of the bonuses that are added to the main balance of the reward. They are received by users-referrals, that is, those who have attracted their friends to the project.

In this case, instead of the indicated reward of 11 cents, we get almost 20 cents from the basic shoe model.


And here’s the award for the more advanced models.

Expensive trainers on the YoStep platform

As has already been said, to get the reward you need to move – that is, in this case, play Dice. To do this, go to the relevant page and sort out the interface.

Dice game page on the YoBit cryptocurrency exchange

To interact with the game, use the highlighted panel at the top. That is, specify the amount, select the bet and click the “less than 48” or “more than 52” buttons. Here’s what comes out of it.

The result of playing Dice on the YoBit crypto exchange


Fortune was not on our side here. We did not even manage to win in half of the cases, which means that this game session ended with a small loss.

Luckily, even games with a minimum amount count for activity. Well, one minute is enough for the session itself.


In the previous screenshot, we played eleven times in one approach. Accordingly, this is enough to claim the accrual of YoStep for our trainers.

Is it worth playing YoStep

What’s the bottom line? YoStep is a fun platform from the YoBit exchange that will make you feel like a crypto-marathoner. Some of the benefits of the system include a low entry threshold of $10, the ability to set tiny stakes in Dice for daily tasks, and at least a temporary lack of exercise, which can be inconvenient for weekday people.

Yes, users will have to work hard for the sake of the shoe-in itself, plus the YoStep rate is now at risk given the situation in the coin market itself. However, completing the shuttles and getting rewarded for it is fun, as is clicking the “more-less” buttons in an attempt to beat his majesty of chance. So if you’re looking to kill some free time and have some fun during a bearish trend, YoStep is the way to go.