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Author Topic: [ASK] Coinbit Exchange Information ??? not Coinsbit.io pls  (Read 162 times)
ChuckBuck (OP)
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December 20, 2019, 01:37:13 AM
Last edit: December 20, 2019, 06:05:18 AM by ChuckBuck
 #1

Hi guys,
I plan to make a few transactions on Coinbit (https://www.coinbit.co.kr). But I don't have any information about it, I just know it is a Korean exchange. So I want to know if it is a secure exchange? Do the terms have any problems? Is it limited on the user, for example users from other countries? Is KYC required? What is the withdrawal limit if not KYC? For anyone who has used or knew about it, please give me information  Cheesy
Thank you very much!

CharityAuction
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December 20, 2019, 02:12:47 AM
 #2

I have a bit of information, it seems like it is a new exchange. Many trading pairs are still in beta, I have an altcoin to sell there, but once I signed up, I couldn't deposit. The problem here is that you have to wait until they go through the testing phase. It also depends on the currency you want to trade.

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December 20, 2019, 02:27:55 AM
 #3

To be on the safer side, I would recommend you to avoid it. Use popular exchanges that have been there for a while.
Coinbit is said to be a sister exchange to p2pb2b, a renown scam exchange(I believe you have already seen a number of scam accusations about p2pb2b here). In fact, they have the same owner.

Here are some quotes from different members in the scam accusations board.

p2pb2b & coinsbit

are

SCAMS !!

Why on earth would a company that claims to trade  $351 MILLION a day right now yet was claiming $600 MILLION yesterday and was claiming $715 MILLION a day just two days ago would need a UK mailing address and show it on their website as "headquarter" when over 800 other companies pay 50 EURO a year to use that 3rd floor mailing address too?

https://coinmarketcap.com/exchanges/p2pb2b/

The owners of p2pb2b exchange also own coinbit exchange - they are lowest of the low pathetic scammers



What happened = coinsbit.io  Scam exchange + Ponzi scam
 
Scammers profile =https://bitcointalk.org/index.php?action=profile;u=2681193

Scam thread = https://bitcointalk.org/index.php?topic=5185065

That exchange is i scam and already has a scam accusation thread created by Jollygood https://bitcointalk.org/index.php?topic=5192497

Now I found that it is not only a scam exchange. It is a hidden ponzi scheme masked under the so called Invest Box

https://bitcointalk.org/index.php?topic=5185065.msg52848969#msg52848969




We plan to create a topic in which we will analyze each complaint individually. To ultimately resolve all current misunderstandings.

We will not launch asignature campaign without escrow. Waiting for your reply
No, there is nothing you can say that would change the opinions that users have formed on p2pb2b and its sister scam coinbit
I'm about to accept escrowing their campaign pending elaborations on a few more cases. This is therefore, untrue. I hope that they can amend their issues rather than condemning them for trying to.


Sure, if you are happy to proceed that way then that something you have thought through but my issue remains with the scam aspect.

Just because they might in future run a scam-free bounty campaign does not make it a scam-free project because the bounty campaign is directly related to p2pb2b being promoted.

p2pb2b2 have been selective scamming users and have been charging project owners ridiculous amounts of money to list their IEOs because they cite the fake data on CMC as the reason/proof.

The owner of coinsbit and p2pb2b is Ukrainian scammer Valerii Solodovnyk who has several other scam exchanges: https://twitter.com/AngryBeur/status/1191416253564571650





Do more background checks before transacting with them!

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December 20, 2019, 02:32:56 AM
 #4

skip

Great investigation, but this is not about https://coinsbit.io/ exchange, but about https://www.coinbit.co.kr/ exchange. One letter, but a big difference.. Wink

.
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December 20, 2019, 03:37:43 AM
Last edit: December 20, 2019, 12:18:35 PM by ChuckBuck
 #5

I have a bit of information, it seems like it is a new exchange. Many trading pairs are still in beta, I have an altcoin to sell there, but once I signed up, I couldn't deposit. The problem here is that you have to wait until they go through the testing phase. It also depends on the currency you want to trade.
Thank you! I still need more information.
skip
Thanks for the information you give here, but I'm sorry, it's not the information about Coinbit that I need  Roll Eyes

Great investigation, but this is not about https://coinsbit.io/ exchange, but about https://www.coinbit.co.kr/ exchange. One letter, but a big difference.. Wink

As he said, changing a few characters makes a big difference. The exchange I mentioned is a Korean exchange. Anyway, thank you for your interest, I still need information about it, please let me know if you have any information above.

CharityAuction
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December 20, 2019, 05:49:27 AM
 #6

There are lot of scam auctions.better to avoid this exchanger. You can read this thread to know coinsbit scam.https://bitcointalk.org/index.php?topic=5192497.0
Choose other Exchanger otherwise high risk to scammed.     

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December 20, 2019, 06:04:05 AM
 #7

There are lot of scam auctions.better to avoid this exchanger. You can read this thread to know coinsbit scam.https://bitcointalk.org/index.php?topic=5192497.0
Choose other Exchanger otherwise high risk to scammed.     
Guy, Please read my topic carefully. I have bolded the name and attached link of the exchange. And the link you submitted here is not related to it. I need information of https://www.coinbit.co.kr, pls!

CharityAuction
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December 20, 2019, 06:31:38 AM
 #8

Like the Coinbit exchange since 2018 after seeing it from Twitter, there have been several meetings after just seeing it, but there is no Telegram channel to ask about this exchange further, and this is Coinbit data in Coinmarketcap https://coinmarketcap.com/exchanges/coinbit/ and it seems that this exchange is real but I have never used this exchange.

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December 20, 2019, 12:23:51 PM
 #9

Like the Coinbit exchange since 2018 after seeing it from Twitter, there have been several meetings after just seeing it, but there is no Telegram channel to ask about this exchange further, and this is Coinbit data in Coinmarketcap https://coinmarketcap.com/exchanges/coinbit/ and it seems that this exchange is real but I have never used this exchange.

I need more orthodox data, it should be the data that a coinbit user provides to answer the questions on my topic. The data that you give is from coinmarketcap, it is information from third parties, objective information that anyone can see. Still no one has helped me determine its safety yet, which is the least I need to know  Embarrassed

CharityAuction
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December 20, 2019, 12:43:48 PM
 #10

Hi guys,
I plan to make a few transactions on Coinbit (https://www.coinbit.co.kr). But I don't have any information about it, I just know it is a Korean exchange. So I want to know if it is a secure exchange? Do the terms have any problems? Is it limited on the user, for example users from other countries? Is KYC required? What is the withdrawal limit if not KYC? For anyone who has used or knew about it, please give me information  Cheesy
Thank you very much!

I see this as a spam thread, so please change my mind by answer these questions :

1. Are you a Korean? Or a Korean speaker?
2. If you want to 'test' the exchange why would you need to know it from others? (do it yourself!)
3. There are several well-known exchanges already, what is your purpose by looking for a new exchange?

Please note that there is no centralized exchange that actually secure, nor safe.

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jcpone
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December 20, 2019, 01:49:09 PM
 #11

Hi guys,
I plan to make a few transactions on Coinbit (https://www.coinbit.co.kr). But I don't have any information about it, I just know it is a Korean exchange. So I want to know if it is a secure exchange? Do the terms have any problems? Is it limited on the user, for example users from other countries? Is KYC required? What is the withdrawal limit if not KYC? For anyone who has used or knew about it, please give me information  Cheesy
Thank you very much!

As far as I know coinsbit.io is the legit one not the coinbit.co.kr, did you check the telegram of coinsbit and see their differences anyway?
Moreover, their airdrops and referral program are not finish yet, it is still running i progress at the moment. And go back for the information that you wanna know, I don't like to click the link, I'm just being careful it might be a phishing site.
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December 20, 2019, 02:43:24 PM
 #12

As far as I know coinsbit.io is the legit one not the coinbit.co.kr, did you check the telegram of coinsbit and see their differences anyway?
Moreover, their airdrops and referral program are not finish yet, it is still running i progress at the moment. And go back for the information that you wanna know, I don't like to click the link, I'm just being careful it might be a phishing site.

Damn, did you read the title and starting post carefully before making post?

You look so stupid with this reply since OP is clearly not asking about coinsbit and in your post, you ask him to check coinsbit telegram and it is like.. WTF are you talking about?

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December 20, 2019, 08:08:13 PM
 #13

I see this as a spam thread, so please change my mind by answer these questions :

What do you think when it says this is a spam thread? If you think so, please do not reply to anything, I do not need disrespect from you

1. Are you a Korean? Or a Korean speaker?
2. If you want to 'test' the exchange why would you need to know it from others? (do it yourself!)
3. There are several well-known exchanges already, what is your purpose by looking for a new exchange?

Please note that there is no centralized exchange that actually secure, nor safe.

If I'm Korean or I know Korean, I won't post this topic here. And I cannot test this exchange, do you think I should deposit some money on it and check the safety? It is crazy when you speak. I don't want to lose any money, because it could be a scam or any reason not for foreigners.
On the third issue, you're really silly  Roll Eyes  Some altcoins are only traded on a limited number of exchanges, which is why large exchanges cannot meet.

CharityAuction
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