Established in 2018, Coinsbit is an Estonia-based cryptocurrency exchange that provides a swift and easy way of trading digital and fiat currencies. With 73 active markets available all around the world, the exchange offers a variety of trading options and security for their users.
Additionally, Coinsbit’s platform allows fiat-to-crypto trading, crypto-to-crypto trading, and deposits through VISA or Mastercard. Currently, the platform only supports fiat deposits in USD and EUR. Learn more about this cryptocurrency exchange below.
Main features and services
Known as an award-winning cryptocurrency exchange and with a user base of over 320,000, Coinsbit offers various features and services that make it one of the top exchange sites in the industry:
- Initial Exchange Offering (IEO) Launchpad
For new crypto projects that want to market their coins, Coinsbit exchange also lets traders use the IEO platform for instant transactions. Through the IEO cryptocurrency fundraising feature, crypto developers are able to raise their capital by selling their own digital asset.
- Application Programming Interface (API) for convenient auto trading
The Application Programming Interface (API) feature connects users’ accounts with an automated trading bot without any hassle. These trading bots also provide traders with real time market data, make trades and manage accounts.
- P2P Loans
With Coinsbit’s P2P lending service, users can loan their coins with interest to other traders to be used as trading capital.
- Referral Program
One of the exchange site’s greatest features is its referral program. By inviting others to start trading on Coinsbit, users can receive 15% of their referral’s trading fees as an incentive.
- OTC Coinsbit
OTC Coinsbit is a new platform with an easy to use interface made especially for first-time traders. Through this platform, users can trade cryptocurrency with maximum confidentiality and security, without worrying about exchange rate fluctuations.
Benefits of using Coinsbit exchange
Here are some of the benefits Coinsbit offers its users:
- Get the chance to win a bonus worth USD$500
By simply providing your email and password for verification after you register, Coinsbit gives new members the chance to win its in-house Coinsbit (CBC) coins worth USD$500.
Coinsbit exchange allows traders from different parts of the globe to open an account with ease. However, accessibility still depends on the cryptocurrency regulations imposed by each country.
- Customer support
Coinsbit provides customer support 24/7 through its chatbot. It is a remarkable feature that can be found on the right side of the website. For concerns and inquiries, all you need to do is provide your name and email address for verification.
- Smooth and easy interface
Coinsbit features an elegant, professionally designed website that loads smoothly on both desktop and portable devices. It also has a user-friendly interface that makes signing up, trading and accessing the site’s numerous features easy.
Compared to Binance and Coinbase, Coinsbit’s trading interface is built for beginners. Not only is it straightforward, but the site also has a high processing rate, completing over 10,000 transactions per second.
When trading digital assets, the exchange displays price movements using green and red candle bars. Users can switch them to bars, hollow candles and lines, depending on their preference.
One of the key features of using this crypto exchange is its WAF (Web Application Firewall). This is a web application security screen that detects and blocks hacker attacks.
Coinsbit also heightened the security of their verification process to prevent fraud and identity theft. Now, the exchange site requires a two-step verification when logging in for additional security to your account.
Additionally, all transactions in the site go through Coinsbit’s ‘escrow system’, which ensures that no funds are transferred until all of the conditions in the agreement have been met.
The exchange site is also endorsed by reputable publications like Forbes Magazine, MarketWatch and Bitcoin.com that verify its legitimacy.
- Supports major currencies
Currently, Coinsbit’s platform supports 40+ currencies that includes all the major currencies, making it one of the best crypto exchanges out there. Here are some of the currencies it supports:
- Main cryptocurrencies:
BTC, ETH, LTC, BCH, BTG, ETC, TUSD.
- Main fiat currencies:
USD, EUR, TRY, UAH, RUB, KZT.
How to register
The Coinsbit exchange is available in various languages, making it easy and accessible for traders all over the world to register on the platform. Here is a step-by-step guide you can follow:
Step 1: Open the homepage of Coinsbit at www.coinsbit.io then press the ‘Sign up’ button at the upper right corner of the screen.
Step 3: Drag the slider and assemble the puzzle that will pop up. This serves as an anti-bot checker to confirm that you are a real user.
Step 4: Afterwards, an email will be sent to the email address you provided that will contain a link to verify your account. Simply click the button in the email and you will be redirected to the exchange website.
Step 5: Finally, once the account confirmation is successful, you can log in to your account using your email and password. When logging in, you will be required to enter a code that will be sent to your email address for security purposes.
Trade in Coinsbit today!
In a tech industry full of various trading exchanges, Coinsbit is a breath of fresh air. It offers a comprehensive digital marketplace where you can trade major digital and fiat currencies conveniently.
With the platform’s accommodating layout and features, users both experienced and beginners alike can enjoy the site’s services with ease. All you need is the basic trading knowledge and you can begin buying and selling cryptocurrencies at Coinsbit in no time!
Bitcoin (BTC) $ 28,309.00 2%
Ethereum (ETH) $ 1,802.05 3.3%
Tether (USDT) $ 1.01 0.38%
BNB (BNB) $ 339.84 2.51%
USD Coin (USDC) $ 1.00 0.37%
XRP (XRP) $ 0.460175 19.52%
Cardano (ADA) $ 0.380766 13.46%
Dogecoin (DOGE) $ 0.076009 5.81%
Lido Staked Ether (STETH) $ 1,801.97 3.55%
Polygon (MATIC) $ 1.15 4.72%
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