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Author Topic: About Coinsbit Exchange.  (Read 1540 times)
Leviathan.007
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January 20, 2020, 01:33:37 PM
 #81

I don't really recommend using this exchange
They ask for kyc like the others...
in the other hand the platform is new and unstable.
in the first day of opening the gave out 2K CNB to each user but in the first day of the trading the platform was down
1. maybe the servers are really week = a reason why we don't trade there
2. they made it off themselves so just they and the other friends can trade in the first hours = another reason why we don't trade there
Also when the project started they said the give the airdrop spots to EVERYONE but after they got enough member started to ban some countries. Most of these countries gave a good popularity  => another reason why we can't trust them

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January 20, 2020, 01:49:59 PM
 #82

I have never traded in it and I know this platform from several communities that have a lot to say about their airdrop, maybe the name coinsbit is rising because their airdrop is capable of attracting many people to go into it, I haven't read their complete link whether the cnb ​​token will has functions for both the platform and vice versa.

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wajik-tempe
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January 20, 2020, 02:06:35 PM
 #83

I have never traded in it and I know this platform from several communities that have a lot to say about their airdrop, maybe the name coinsbit is rising because their airdrop is capable of attracting many people to go into it, I haven't read their complete link whether the cnb ​​token will has functions for both the platform and vice versa.

Yeah the airdrop which require KYC and promised people for 500$ worth tokens, but right now the token worth for only under 50$ and also there are so many problems at the exchange. Not recommended for traders.
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January 20, 2020, 02:30:28 PM
 #84

I have never traded in it and I know this platform from several communities that have a lot to say about their airdrop, maybe the name coinsbit is rising because their airdrop is capable of attracting many people to go into it, I haven't read their complete link whether the cnb ​​token will has functions for both the platform and vice versa.

Yeah the airdrop which require KYC and promised people for 500$ worth tokens, but right now the token worth for only under 50$ and also there are so many problems at the exchange. Not recommended for traders.

That's their strategy, creating an attractive airdrop, which they think will add users to their exchange, but what they don't know is that they are just adding the quantity and not the quality because airdroppers are just after the token, after it, they will forget and will leave your exchange, unless you have a really good exchange.
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January 20, 2020, 03:08:17 PM
 #85

Look trusted exchange although have many trouble with KYC procedure where many member not pass KYC and success for uploading their ID document, but have weakness of coinsbit exchange where withdrawing process more than 24 hours, other exchange only get few minute for success withdrawing but in this exchange you must wating long time.
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January 30, 2020, 01:50:39 PM
 #86

Hey guys, have you hard about Coinsbit..? Well at this moment this exchange is staying at top 50 exchange in CMC. I just want to know some point about this exchange (Good and Bad both). If you know something please let me know.

1. How much trust able this exchange..?
2. Tell me some good stuff about this exchange.
3. What is the worst thing about this exchange..?
4. What is your experience or personal opinion about this exchange..?
5. Should i start my trade in this platform..?

TIA  Kiss Kiss

Best Regards,
-Prince
There are various rumours going around about this coinsbit exchange, after they introduce an airdrop i did participate and many said we will never get paid, many called the exchange scam but i got paid and i sold the token instantly, till date the exchange still functions very well, for me it's better to use top exchange

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January 30, 2020, 10:08:31 PM
 #87

Coinsbit exchange as good reviews but something it goes into my mind if this is true or paid reviews in order to look promising and attractive to the investors. But for the safe keep of our funds, I'd never think that we should have to take the risk for this new exchanger rather than to choose exchanges that we've know a long time ago and already have a remarkable market performance.

We need assurance and that Coinsbit won't look that way. There is a thread regarding scam accusations against Coinsbit.
https://bitcointalk.org/index.php?topic=5195285.0
friendofgreen
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June 16, 2020, 10:41:55 AM
 #88

Got scammed by Coinsbit.
Sent all my ETH on their platform (asked when I should expect it to arrive on my account beforehand and the answer was "soon"). Once made the transaction, no response from their customer support. Wasn't much, but, oh man, how I wish I would have read this forum before making that transaction.  Embarrassed
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June 17, 2020, 04:51:52 AM
 #89

Hey guys, have you hard about Coinsbit..? Well at this moment this exchange is staying at top 50 exchange in CMC. I just want to know some point about this exchange (Good and Bad both). If you know something please let me know.

1. How much trust able this exchange..?
2. Tell me some good stuff about this exchange.
3. What is the worst thing about this exchange..?
4. What is your experience or personal opinion about this exchange..?
5. Should i start my trade in this platform..?

TIA  Kiss Kiss

Best Regards,
-Prince

I'm not using coinsbit as my personal trading platform, I would rather use an exchange that are listed on top at the coinmarketcap.
At least with I have no doubts and worries because I knew it is safe rather an exchange where I am not sure if it was safe it not to use every time I do trade in it.
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June 17, 2020, 09:05:03 PM
 #90

I know coinsbit for always promising good airdrop rewards but it will never amount to anything. I have never use the platform but a lot of friends use it and do still complain.

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June 19, 2020, 04:50:59 AM
 #91

I do not use coinsbit exchange for trading. But I have a token in this exchange by an airdrop for one month or more. It is still safe and secure, but many trader are told that they are not satisfied on this platform.   

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June 19, 2020, 09:32:21 AM
 #92

...  


Indeed many Bounty hunters are not happy with Coinsbit, as Coinsbit relies on the money of the innocent Bounty hunters and Projects, as they dont have real traders.

Coinsbit give Airdrops, where others get rewarded 30.000 to 60.000 of their shitty Coinsbit tokens, Then they add a minimum Redeem amount of 100.000k of tokens, so in order to redeem the earned reward the Bounty hunter need to buy another 40.000 to 70.000 with hard cash of their shitty token.

Thats how they make money, with a fake Airdrop and after setting limits.

Pure SCAM this COINSBIT.IO

More info https://bitcointalk.org/index.php?topic=5255830.0

Best regards,
coinsbit's reputation is already bad... (´・ω・`)
I have several coinsbit tokens that I got from their airdrop yesterday, I'm not sure if the tokens that I have can be exchanged, really disappointing.



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Rainbot
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June 19, 2020, 09:35:10 AM
 #93

I know coinsbit for always promising good airdrop rewards but it will never amount to anything. I have never use the platform but a lot of friends use it and do still complain.
I once used their platform and never want to be there again because of their shading businesses. Their airdrops which they gave wasn't what they talked about in the first place, most of their listed tokens are not good types compared to Binance and Bitforex. For anyone who still ignored these series of advise and proceeds to trade or do business with them should have himself or herself to blame. I learned from my mistake of using their exchange.

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June 19, 2020, 10:44:17 AM
 #94

Hey guys, have you hard about Coinsbit..? Well at this moment this exchange is staying at top 50 exchange in CMC. I just want to know some point about this exchange (Good and Bad both). If you know something please let me know.

1. How much trust able this exchange..?
2. Tell me some good stuff about this exchange.
3. What is the worst thing about this exchange..?
4. What is your experience or personal opinion about this exchange..?
5. Should i start my trade in this platform..?

TIA  Kiss Kiss

Best Regards,
-Prince

I've heard about it, in fact, I joined their airdrops programs, then once you refer it to your friend your able to have a chance to
receive more CNB. But I never try to use their platform so far. I don't have any updates too about their airdrops, I'll it before end of this
day to find out if I can able to sell the token anyway.
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July 06, 2020, 01:59:29 AM
 #95

Coinsbit exchange is a scam for sure. They'll accept your crypto, steal from you when you trade, won't respond when confronted about the unfair trading, and won't allow you to even withdraw if you reside in the United States.
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July 06, 2020, 03:25:58 PM
 #96

Coinsbit exchange seems to be still not popular, because I just heard lately, because I joined the CNG airdrop on coinsbit, but the price of CNG is not useful, hopefully Coinsbit can list IEO and airdrop that really has value

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September 19, 2020, 10:43:16 AM
 #97

Don't become a victim of Coinsbit exchange, because Coinsbit often promotes scam projects. Some bounty hunters have been disappointed
by the airdrop held by the Coinsbit exchange. Often the estimated price of coins that will be distributed via airdrop is different price when
the coins have been distributed to the bounty hunter. The choice of coins for trading on Coinsbit is also mostly shitcoins, so it is very untrustworthy
to trade on Coinsbit. Moreover, the majority of the members of this forum have given bad reviews about Coinsbit exchange. So avoid using
Coinsbit exchange if you don't want to be a victim of fraud.

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September 22, 2020, 06:46:24 AM
 #98

Coinsbit has a negative trust rating on most of the ratings sites. I also participated in there airdrop and trying to do the kyc several time in other to get the value of my earnings out but it keeps sending me fail after several attempts.
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September 22, 2020, 12:37:40 PM
 #99

If you have gone through the exchange and you like it, then you can go ahead with it. It’s not a scam, it’s a legit exchange and also in the entry-level (entry-level exchanges are always recommended for people who are still new, since they allow fiat method).

Coinsbit exchange has mobile app for both Android and iOS, and from what I have read on their website, they claim that 95% of the assets that are in their possession are stored in cold storage (that’s just like what Coinbase does), so it’s quite cool. I don’t know about their fees, if you like the exchange you should check it out and know for yourself.
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September 22, 2020, 01:41:24 PM
 #100

Coinsbit is a cryptocurrency exchange that makes cryptocurrency trading convenient profitable and secure for you. Compared to other analogs our app has many advantages that can be appreciated by both a novice who has just entered the field of crypto trading and an experienced trader who is already skilled in how cryptocurrency exchanges work. Detects and blocks so that our users have the opportunity to do business without risk Trade is reliably protected from fraud.
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