What's wrong with Coinsbit exchange

[Cryptomiles1]

Maybe you have to contact support for assistance or do you have a fund already inside the exchange? Most at times before any trade make sure to read instructions about there operation before being stocked and might be probably your credentials isn't neat and visibly.

[Xal0lex]

Its been 3 weeks that I've submitted my KYC information to coinsbit exchange and till date it's still under process, a friend of mine had account on the exchange and withdrawal is processed everyday, why would they decide not to approved new users because I'm not the only one complaining.

Coinsbit is a well-known scam. This forum has already had many discussions about this exchange. Many users had problems with this exchanger, I understood that Coinsbit deliberately delays the process of withdrawal of funds from your account, all the time requiring from you various confirmations of identity and origin of funds. This is typical behavior of problem exchanges.

[Strongkored]

Its been 3 weeks that I've submitted my KYC information to coinsbit exchange and till date it's still under process, a friend of mine had account on the exchange and withdrawal is processed everyday, why would they decide not to approved new users because I'm not the only one complaining.

I've experienced problems with another exchange when it's mandatory KYC, maybe this will work because I did this and it worked, keep their contacts in all the support you can contact social media sent support tickets do this if necessary every day, until they actually become and make your account verified, but don't be strange if your KYC will not be processed at all because this is commonly done by shady exchanges to freeze their user accounts and steal the money in this way.

[laredo7mm]

After reading all these comments about this exchange I think regular users should avoid this exchange if possible. I know some other exchanges like this: Latoken, P2PB2B, whitebit, Azbit, etc. All of these exchanges are full of scam projects and scam IEO. Withdraw fees of any toke from all these exchanges are insane compared to binance, kucoin, or other reputable exchanges. I am not trusting this type of exchange with my KYC data.

[Cadaver20]

Its been 3 weeks that I've submitted my KYC information to coinsbit exchange and till date it's still under process

I had the same problem as you. After 2 weeks I first emailed them on support channel. They told me in reply that they are very busy with the processing of KYC documents and will solve mine when my turn comes. Then I wait 1 more week but my problem is not solved. Then I complained to their official telegram. Immediately an admin asks me to DM my details. My kyc was approved within 2 minutes after I sent the details. But there are many scammers in their official telegram group. 2/3 scammers DM me using admin's picture and nearby username to send my details.