Website: coinsbit.io
About company:
Coinsbit is an Estonian cryptocurrency exchange. It was founded at the beginning of 2018. The legal entity “Coinsbit” is EXRT Services OU. The organization is registered at Narva mnt 7, Kekslinna linnaosa, Tallin, Harju maakond, 10117. coinsbit.io is on the 18th place in the rating of crypto exchanges according to the Coingecko resource. We expressed our utmost interest in this matter. After a short analysis of the company’s activities and feedback on its activities, we are ready to share our opinion in this review. Overview of the cryptocurrency exchange “Coinsbit” At the end of 2019, Coinsbit became a competitive exchange, now it can “compete” even with the top representatives of the financial sector. The daily trading volume of Coinsbit averages $1,400,000,000. However, according to customers in their reviews, this figure is significantly inflated. Every month, the official site coinsbit.io is visited by traders more than one million times.
It’s looks like scam, I’m not interested to invest here, anyone help? is this is a scam or not?
Warning: you might be careful at this exchange. I had 3 Problems with them:
1.: I have deposit 6x on this exchange 5x no Problem (all the same Coin). But at the first deposit (on 15.04.21) I don’t get it on my account. The Support hasn’t answer till today. It was only a small amount at the date it has a worth of ~46$. Now even if they give me my deposit it will be worth of ~17$. Think about it when you deposit 1 or 2 Bitcoin and this will happen.
2.:On their FAQ they write the KYC will take 24h. I wait now 3 days. On all Exchanges I’ve been registered the KYC by the longest took 2h.
3.: they blocked me on Twitter for this tweet:
“ Your support isn’t the best. Missed my deposit and Support dosnt answer. Very bad”
If you Think about to trade on this Plattform. Be careful test it with small amount. Because their website is not Bad. It look good and Trades are working at me. But if you have any problems then your f*****.
To Coinsbit: Please Top up you Support! Trading with Cryptos Time is everything. If I lost time then I lost Money. And you maybe lost your Costumers because the go to Plattforms where it works.
The response of customer support was excellent and very respectful.
Truly the trust that this site gives you is the best, they are transparent in their services, the platform is reliable, the interface is pleasant, the support is friendly and is willing to answer your questions and problems, the transactions are safe and in real time. . The exchange is one of the best I have seen, I have been testing the platform for 6 months and it has not disappointed me, you can trade from anywhere at any time you want, I recommend it.
i purchased some song coins from coinsbit.io and wanted to withdraw them to my metamask wallet. Then i came to know that i need to KYC to withdraw. I applied for KyC 2 times and it got rejected. Now my funds are stuck in the exchange. There is no option to withdraw my funds. and they keep on rejecting my KYC. I am from Pakistan living in DUBAI. They should have informed while depositing the funds that they dont support people living in UAE.
This coinsbit.io exchange is looting money. and sure it is a scame to loot money.
The account was blocked.
Think about it. By trading on this exchange, you can get funds illegally.
Complete absurdity.
It is better to use exchanges where you can trade without fear.
“Ghost Trades to create FAKE/SCAM Volume”. 1 of the Example: M-COIN there are so-called Auto Market Maker(AMM) running on 24 hours, that wont match your price no matter what amount. Same to P2PB2B exchange..
Identify if you want to join me in bringing this guys to book.
I contacted Estonia Police already.
they are criminals.
Great exchange! Everything here is at a high level, good design, fast and responsive support, although in general I had no problems, but I managed to communicate with support about my questions. The guys try and make working with cryptocurrency very simple