Coinsbit Exchange Review – Is Coinsbit Legit?

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Coinsbit Exchange DEMO

Coinsbit Exchange REVIEW


Coinsbit Exchange is an established and reputable crypto exchange for trading smaller market-cap cryptocurrencies

Read 100% Free Coinsbit Exchange Review by Scamorno Team


Platform Coinsbit Exchange
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Overall Score 9.4/10

FULL REVIEW OF Coinsbit Exchange

Are you currently thinking about trading on the Coinsbit Exchange and is this really a cryptocurrency exchange that you can trust your funds with to trade the lesser known cryptocurrencies not listed on other exchanges? This is a trading platform that we have found offers us a user-friendly and secure solution for cryptocurrency trading. We appreciate their extensive support for a wide range of coins, granting us a plethora of crypto trading tokens to trade from.

Furthermore, the platform’s interface is uncomplicated and intuitive, enhancing our overall trading experience. Above all, we see clear evidence that the team behind the Coinsbit Exchange places paramount importance to safety, as the platform employs contemporary encryption techniques to safeguard all users’ funds.

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Review Of Coinsbit Exchange’s OTC Desk

Coinsbit Advantages

Coinsbit introduced an OTC desk on May 18, 2020, to facilitate large-scale trades with immediate settlement for its clients. This OTC desk operates on the B2P principle, enabling accredited partners in each country to exchange cryptocurrencies for the respective fiat currencies. Users have the convenience of depositing funds in their local currencies through various instant payment systems and withdrawing money using local bank cards. Additionally, the OTC desk allows cash deposits and withdrawals through Coinsbit Exchange’s partner outlets in collaboration with the platform.

What Are Coinsbit Exchange’s Main Features And Benefits?

  • Versatile Cryptocurrency Exchange

Coinsbit Exchange enables the purchase of bitcoins using Visa/MasterCard and facilitating the sale of Ethereum for Ripple. It encompasses a comprehensive trading platform accommodating both fiat and digital currencies.

  • API Access

The exchange provides an API, allowing seamless integration of user accounts with automated trading bots. Moreover, Coinsbit prioritizes the protection of customers’ crypto assets, implementing measures to prevent unauthorized transfers by bots.

  • IEO Launchpad

This feature offers a platform for new crypto projects, enabling traders to swiftly sell their coins. These projects can apply for launch through the Coinsbit IEO platform.

  • P2P Loans

P2P loans enable traders to borrow cryptocurrency from investors to augment their trading capital, which is then returned with profits. Alternatively, users can lend their bitcoins to traders and earn interest upon repayment. Coinsbit ensures the security of this service, mitigating concerns regarding customer scams.

  • InvestBox

This is an exclusive investment service tailored for developers on the platform, offering unique opportunities for investment.

  • Referral Program

Through the referral program, users can invite their friends to trade on Coinsbit and receive a portion of their trading fees as a gift from the exchange. The exchange grants a 15% share of the trading fees as part of this program.

How Can Users Start Trading On The Coinsbit Exchange?

To get started, users are not required to make any payments for accessing the exchange’s platform. However, in order to commence trading activities, a minimum deposit of 0.00001 BTC or its equivalent in other cryptocurrencies or currencies is necessary.

The platform supports various input channels, including plastic cards and cryptocurrency wallets. It is important to note that certain assets may have deposit fees, such as 0.8% + ADV for USD. Margin trading does not offer leverage on the platform. For technical support, individuals can reach out via email or social networks.

Review Verdict: Coinsbit Exchange is a legitimate platform that works

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How to Trade on Coinsbit Crypto Exchange?

Consumer Alert Regarding Coinsbit Exchange

The success of Coinsbit Exchange has given rise to many frauds who try to sell their own fake platform in its name. This is a big issue as many customers have lost their money in buying from such fake sites. It is advised that customers should be really careful when they are purchasing and should do some research before they buy from any website. To spot these, watch out and avoid sites that claim to write about Coinsbit Exchange, yet the write-up is completely garbage as they are created by software and spammed all over the internet. It is always better to avoid buying from any other site other than the official one. Therefore, it is highly advised that consumers do careful research, or only buy from the site from the official website here – (link opens in a new window). The official website that they have includes the legitimate exchange.

Conclusion about Coinsbit Exchange


In summary, we have found Coinsbit Exchange to be a well proven and excellent trading platform, specifically catering to users interested in altcoin trading. It presents a diverse range of services designed with such traders in mind, including two distinct exchange options and the opportunity to purchase coins immediately upon their market release.

The platform’s pro version enhances the trading experience by incorporating a wealth of valuable data in the form of tools and charts, supplementing the features available to basic account holders. Therefore, if you too would like too start trading on an award-winning cryptocurrency exchange with great features, security and access to a wide range of cryptos (Altcoins in particular), then we highly recommend you to learn more about Coinsbit Exchange at the button link below!


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