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☑️NEW Coinsbit.io Reviews: SCAM or LEGIT?

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Coinsbit is a renowned multi cryptocurrency exchange platform allows users to deposit and withdraw cryptocurrency using the available pairs.

Supported Main Coins: Coinsbit Supports BTC, ETH, and USD.

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Getting started with Coinsbit: Any person can register a free account on Coinsbit just by providing a few personal details like Email, password. After confirming the verification email a user can set up its account and can start deposit funds to its account.

Know Your Client: All users who like to deposit or withdraw funds on Coinsbit are required to complete the KYC (Know Your Client) verification. It's a typical verification for all wallets wherein we can deposit funds for withdrawal at a later date. KYC verification generally takes around 24 hours for acceptance or rejection.

Listing of Coins or Tokens: This makes Coinsbit a very unique multi cryptocurrency exchange platform because here we can list our coins or tokens. But there are a few requirements for listing which are as follow:

1. Our proposed project should have a website containing detailed information about the project.

2. Official Reddit and Bitcointalk threads for our project.

3. All such requested are reviewed in a week and informed for rejection or acceptance.

Safe and Secure: It's a very safe and secure format for all traders and Coinsbit tries to adopt all such measures to make it the most versatile network and multi cryptocurrency exchange platform. Coinsbit makes it obligatory for the members to enable the two-factor authentication for payment of amount above or equivalent to $500.

Two-factor authentications really help the investors in making their accounts safe and free from any risk of fraud or hacking. Coinsbit ensures the security of all traders and clients which increases the confidence of users to invest and exchange on Coinsbit. With its safe and secure system, Coinsbit can transact up to 10000 trades every second.

Coinsbit ensures the storage of more than 95 % on cold wallets and adopts the Web Application Firewall (WAF). It's a protective screen of web presentations which detects and blocks all hack attacks.

Cases when a Payment can be delayed: There can be a few cases when a payment can be delayed and it shows the value of two-factor authentication.

1. Rejection in Know your Client (KYC) verification.

2. User Passed know your Client (KYC) verification but didn't enable the two-factor authentication and the requested payment amount is above or equivalent to $500.

3. Payment amount exceeds 100,000 dollars after passing know your Client (KYC) verification and enabled the two-factor authentication.

Multilanguage Support: Coinsbit is a unique platform which provides a highly responsive 24 X 7 Multilanguage support in different languages which support English, Chinese, Japanese, Russian, Indonesian, Spanish and German. Users can switch the website to Hindi and Filipino language as well which makes it easier for users from all around the world to access the website.

Referral Program: Coinsbit has a very attractive referral program wherein payments are sent every month and is charged in the same currency in which the commission is charged.
 
If the coin has good track record then this dumping period will be the best to get the coins in large quantities at a very low price.
Yeah , at low price one need to buy a coin which has good team and developers which is difficult to identify. We should not waste time in investing in shit coins which I made mistake.
 
Yeah , at low price one need to buy a coin which has good team and developers which is difficult to identify. We should not waste time in investing in shit coins which I made mistake.
I have never invested in any of the new coins cos I am always skeptical about them, no comprehensive white paper. The worst is that most of them do opt for minimum of $50 investment.
 
I have never invested in any of the new coins cos I am always skeptical about them, no comprehensive white paper. The worst is that most of them do opt for minimum of $50 investment.
I actually invested in telegram related cryptocurrency projects which never was legit. There , minimum to buy the coin was 0.01 Ethereum and i
wasted like 10 bucks for them.
 
I do prefer they give the earned coins during airdrop for free so that whoever that wish to invest will do that at ease. Many losses during airdrop investment.
 
I do prefer they give the earned coins during airdrop for free so that whoever that wish to invest will do that at ease. Many losses during airdrop investment.
Yeah even i prefer free airdrops. Actually airdrops are meant to be free , but if any airdrop asks for investment ,i prefer to stay away from that particular airdrop.
 
They are usually free to earn simply by sign up and referal, I wish we can easily get the coins to our wallet with asking for further investment as a condition. The painful part is the stress in ERC compatible wallet and in the end they won't give out the coins.
 
They are usually free to earn simply by sign up and referal, I wish we can easily get the coins to our wallet with asking for further investment as a condition. The painful part is the stress in ERC compatible wallet and in the end they won't give out the coins.
You can use trust wallet to store erc20 tokens but the tokens i hold have no value lol, all those tokens i earned from airdrop , which are worth nothing yet
 
Lots of negative comments on other forums. i suggest everyone not to waste your time on this website. only using everyone to promote their website
 
I see people still promote that $300 worth airdrop in coinsbit. I don't think it's really $300 worth. But you can't say coinsbit as scam , I have cashed out couple of times. No issues
 
I see people still promote that $300 worth airdrop in coinsbit. I don't think it's really $300 worth. But you can't say coinsbit as scam , I have cashed out couple of times. No issues

Many users are saying the promotion is not valid and they are not able to sell the coin on exchange. How much have you cashed and were you able to exchange the coinbit coin
 
Those who have been able to exchange or sell off the coins should share their payment proof or guide others on how to achieve success. I am not a member of the site.
 
just receive an email from their support, they reject after doing 3-4 times KYC process. that make me feel annoyed and change my mind, i am agree about KYC process to protect the consument but when they act like "worship me for a few cent" hell no! .beside this is not the only place to start trading.
 
I just hope this is not a tactical way to reduce the number of people on the site. I also faced similar rejection from Bitbns and after 3 trials I gave up , I hope they will delete my data on their site.
 
I have never invested in any of the new coins cos I am always skeptical about them, no comprehensive white paper. The worst is that most of them do opt for minimum of $50 investment.
Hello, to determine the possibility of earning on the platform, we recommend that you first read about all the features and use - https://coinsbit.io/ . Most negative comments do not have specific proof, so they are not reliable.
 
ust receive an email from their support, they reject after doing 3-4 times KYC process. that make me feel annoyed and change my mind, i am agree about KYC process to protect the consument but when they act like "worship me for a few cent" hell no! .beside this is not the only place to start trading.
Hello, Dear User, the administration has clearly prescribed the rules. We recommend you to read them carefully once again, rather than blaming the exchange for your mistakes.

To activate KYC you need to comply with all requirements.Upload Selfie with your passport (bio data page) or ID (front side) and the note with "current date", the word "Coinsbit". Also, upload photos of your Passport (bio data page) or National ID Card (both sides (front / back)) or Driver's license (both sides (front / back)) CLOSELY. You will need to fill NAME AND CONTACTS form.Any other documents apart from the above are not accepted. Please be advised: Photocopies of documents are not accepted as well.Thank you. https://coinsbit.io/settings/verification
 
I actually invested in telegram related cryptocurrency projects which never was legit. There , minimum to buy the coin was 0.01 Ethereum and i
wasted like 10 bucks for them.
Dear user, please, be careful and do not be led by scammers. Exchange administrators never respond to personal messages in messengers.
 
I do prefer they give the earned coins during airdrop for free so that whoever that wish to invest will do that at ease. Many losses during airdrop investment.
Dear user, exchange administration does not affect the trading process. We provide equal opportunities for all users and try to create as many new ones as possible to earn on our platform. Our values - security, opportunity, quality.
Respectfully,
Coinsbit.io.
 
Many users are saying the promotion is not valid and they are not able to sell the coin on exchange. How much have you cashed and were you able to exchange the coinbit coin
Hello, CNG airdroprop finished on May 20. The award was successfully credited to all users who met the conditions. And now the gaming casino with this currency has been launched, where users use the bonus award.
 
Dear User, to delete an account, you need to send us your email, KYC data (with the current date), and mention the reason why you need to get your account blocked on our site. Please, send all the info to [email protected].
I just hope this is not a tactical way to reduce the number of people on the site. I also faced similar rejection from Bitbns and after 3 trials I gave up , I hope they will delete my data on their site.
 
Lots of negative comments on other forums. i suggest everyone not to waste your time on this website. only using everyone to promote their website
Hello, dear user. Most comments on the Internet - either a targeted negative, or unjustified expectations of users (which they invented themselves), or violations of the rules of the exchange.
At our exchanger more than 2 million accounts, thousands of users daily use the exchange and earn.
On the platform, there is round-the-clock support, which solves problems of any complexity. Please write to our email [email protected] to determine whether the problem is on our side and if so, resolve it in an urgent manner.
Always ready for constructive dialogue and ready to help if the problem is real, not fake.
Respectfully,
Coinsbit.io
 

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