Coinsbit Reviews

Coinsbit

3.87
124 reviews
Great Rating
Based on 124 user experiences
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A

recover lost money

i was scammed off 155,000 USD. i am grateful i was able to recover all my lost funds with the help of an expert recovery services INNOVATIONSANALYST. COM Their relentless effort and assistance was truly appreciated
T

All thanks to madam Roberts i got my money back

Picking up the pieces after falling victim to a fake investment platform was one of the hardest things I’ve ever had to do. I was already emotionally drained, having just finalized my divorce after a painful disagreement with my husband. But just when everything felt like it was falling apart, I came across Madam Roberts on (StaunchView.org) and she truly became a lifeline. She helped me recover my funds and gave me a glimmer of hope when I needed it most.
M

During the listing of TAT2 TOKEN - EXCHANGE DID NOT SHOW TOKENS ON THE ACCOUNT BALANCE

During the listing of TAT2 TOKEN I SEND TOKENS TO THE EXCHANGE 1 DAY BEFORE TRADING STARTS THE TOKENS DID NOT arrive at my account balance they lied to me that it s a problem with the polygon network but on polygon scan it shows that transaction to the exchange is successful I would never use that exchange as it destroyed my trading option of the token during its launch period The same situation occurred to many other wallets during that day They are scamers
R

Scammers they help you make some money

Scammers they help you make some money legitimately to reel you in and than ask you to deposit more and than freeze your account Its literally one of the worst scams I hope they bring these people responsible stealing all these peoples money to justice
J

Coinsbit empty your wallets and STEAL

Sorry to say this company simply steals all your funds from your wallet There is no such thing as supporting customers with an issue The telegram blocks you and suddenly 10 customer support agent contact you from telegram claiming to be support requesting payment to wallets It s laughable DONT TRUST THEM CLOSE YOUR ACCOUNTS THEY WILL ULTIMATELY STEAL FROM YOU
M

SHADY Not allowing crypto withdrawals to unverified customers

They have a shady business model First they advertise to give trading bonuses but once registered you won t find any Most despicable thing they do is allow any customer to deposit fund and trade but block withdrawals even crypto for unverified customers not done KYC keeping their funds for themselves STAY AWAY It is also poorly designed site with many spelling mistakes
D

SCAM

SCAM You can NOT withdraw your money or tokens They will say that they working on the problem Its now over 12 days and still nothing They keep canceling my withdrawals Stay away from COINSBIT
J

Very poor exchange

Very poor exchange Withdrawals can be delayed days long Support only answers blaa blaa blaa
B

Waiting for my withdrawal 7 days

I have been waiting for my Ultima whitdrawal since November 23 and it s now November 30 - and still pending And no one to contact
T

Have been trying to make a withdrawal

Have been trying to make a withdrawal since Nov 22 but no go It has been pending for a long time and finally the support released the money back to my account Now I ve tried to make a new withdrawal and it s stuck as pending again The support reads my messages and change the status to fixed but still nothing happens Now I m getting nervous that I won t get my funds back Update Nov 29 After seven days of worrying I finally got my USDT paid out today Not impressed with the handling time and the response from the support The quickest response from support came by email the tickets on the website were just changed to fixed

About Coinsbit

Coinsbit is a new trading platform that provides businesses and individual traders with Low commissions, Multi-Support, Strong Security, and Open API

United States

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Frequently Asked Questions

Coinsbit is a global cryptocurrency exchange platform that provides a secure environment for trading a wide array of digital assets. It caters to both novice and experienced traders, offering services beyond basic spot trading, including margin trading, a P2P marketplace, an NFT platform, and its own utility token ecosystem.

The primary domain for accessing the Coinsbit exchange platform is coinsbit.io.

Coinsbit's core services include spot trading across numerous cryptocurrency pairs, margin trading for leveraged positions, and a built-in peer-to-peer (P2P) trading platform that facilitates direct user transactions in various fiat currencies.

The Coinsbit Token (CNB) is the platform's native utility token. It can be used to pay for trading fees at a discounted rate, participate in token sales on the Coinsbit Launchpad, and access other premium services within the Coinsbit ecosystem.

Coinsbit employs multiple security layers, including industry-standard practices such as two-factor authentication (2FA), cold storage for the majority of user assets, and robust encryption protocols to safeguard user funds and personal data.
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About Coinsbit

Coinsbit: A Comprehensive Cryptocurrency Exchange Platform

Coinsbit is a prominent global cryptocurrency exchange platform that provides a secure and feature-rich environment for trading a wide array of digital assets. Established with the goal of making cryptocurrency trading accessible and efficient, the platform caters to both novice users entering the crypto space and experienced traders seeking advanced tools. Operating through its primary domain, coinsbit.io, the exchange has positioned itself as a competitive player in the international fintech market by offering a diverse suite of services beyond simple spot trading.

Core Trading Services and Features

At its heart, Coinsbit functions as a robust trading engine. Users can engage in spot trading across numerous cryptocurrency pairs, benefiting from a user-friendly interface that displays real-time market data, order books, and price charts. The platform supports a vast selection of coins and tokens, allowing for significant portfolio diversification. For traders looking to leverage their positions, Coinsbit offers margin trading facilities, enabling the use of borrowed funds to potentially amplify returns. Furthermore, the exchange provides a built-in peer-to-peer (P2P) trading platform, which facilitates direct transactions between users in various fiat currencies, offering an alternative onboarding method and enhancing liquidity options.

Security and Technological Infrastructure

Security is a paramount concern for any digital asset platform, and Coinsbit implements multiple layers of protection to safeguard user funds and data. This includes industry-standard practices such as two-factor authentication (2FA), cold storage for the majority of user assets, and encryption protocols. The platform's matching engine is designed for high performance, aiming to ensure fast order execution even during periods of high market volatility. This technological backbone is crucial for maintaining a reliable and responsive trading experience.

Additional Ecosystem Offerings

Coinsbit distinguishes itself by expanding into a broader crypto ecosystem. Key offerings include:

  • Coinsbit Token (CNB):The platform's native utility token, which can be used to pay for trading fees at a discounted rate, participate in token sales, and access other premium services within the ecosystem.
  • Launchpad:An incubator and launchpad service for new blockchain projects, providing them with a platform to raise capital and gain visibility through Initial Exchange Offerings (IEOs).
  • Staking and Savings:Opportunities for users to earn passive income on their idle cryptocurrencies through various staking and savings programs offered directly on the platform.
  • NFT Marketplace:A dedicated section for non-fungible tokens (NFTs), allowing users to mint, buy, sell, and trade digital collectibles and assets.

User Experience and Support

The Coinsbit website and trading interface are designed with clarity in mind, offering both a basic view for newcomers and advanced charting tools for professional traders. The platform typically provides customer support through multiple channels, including ticketing systems and detailed FAQ sections, to assist users with inquiries. Regulatory compliance is also a focus, with the exchange holding relevant licenses in several jurisdictions to operate legally and build trust with its user base.

In summary, Coinsbit.io presents itself as a multifaceted cryptocurrency exchange that combines essential trading functionalities with a growing suite of ancillary services. By integrating spot and margin trading, a P2P marketplace, an NFT platform, and its own token economy, Coinsbit aims to be a comprehensive destination for a wide spectrum of cryptocurrency-related activities, all within a framework that emphasizes security and user accessibility.