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The ultimate guide to Coinsbit exchange

Based in Estonia, Coinsbit is an exchange site established in 2018 that provides a seamless and hassle-free trading experience for digital asset users. Currently, the site offers 73 active markets across the world, providing a wide range of trading services.

It allows transactions between fiat-to-crypto, crypto-to-crypto, and deposits through VISA or Mastercard. Payments through fiat currencies in USD and EUR are also available.

The site also features a Web Application Firewall to protect the funds of their customers and ensure the site’s security. Moreover, big companies such as Forbes, Marketwatch and Bitcoin.com endorse the site and can attest to the safety and unmatched performance of Coinsbit.

If you’re looking for a crypto exchange to trade, sell and buy cryptos, Coinsbit is the exchange site for you. Learn more about it here!

Coinsbit: Main features and services

Awarded as the ‘best trading platform launched in 2018’ at Blockchain Life 2019 Asia, Coinsbit currently has over 320,000 active users across the globe. Here are some of the site’s main features and services that make it one of the best in the industry:

Application Programming Interface API

The Application Programming Interface or API is a feature that makes auto trading quick and easy for users. Moreover, the API bots can also give users updates on real-time market projections, mark trades, and their accounts.

Referral Program

Another great feature of Coinsbit is the referral program that allows users to receive 15% of their referral’s trading fee if they encourage them to use the site.

P2P loans

The P2P lending feature enables users to loan their tokens to traders who need trading capital. As part of their recent updates posted on the site, the exchange created a more robust security and verification process to prevent fraud and theft.

Initial Exchange Offering (IEO) Launchpad

Coinsbit also has an Initial Exchange Offering Launchpad for new tokens where developers can gather capital by selling their tokens. Additionally, this feature allows lightning-fast transactions.

Advantages of using Coinsbit exchange

Users can get a chance to win a USD$500 worth of bonus

Users who register can potentially receive the site’s in-house CBC tokens worth US$500. All you need to do is input your email, password and verify your account through the link sent to your email.

It’s accessible to users around the world

Coinsbit accommodates users anywhere in the world and allows them to create an account without any hassle. However, keep in mind that the site’s accessibility varies depending on the cryptocurrency laws in each country.

Some nations who don’t allow cryptocurrency-related transactions may not be included in the list, so make sure that the area you’re living in allows digital assets.

Accommodating customer support

For any concerns, Coinsbit features an impressive customer support for its users. If you’re having issues with the site, you can ask them for assistance. The customer support offers a chatbot that runs 24/7. However, your account must be verified to enable this feature.

User friendly site interface

First-time users won’t have a hard time using this site because it’s simple and easy to navigate. Moreover, it boasts a processing rate that can accommodate at least 10,000 transfers per second.

If you’re a user, you can see the exchange rate and movement depicted in green and red candle bars. Depending on your preference, you can opt to change it to bars, hollow candles and lines to track the movement of the crypto market.

Built for fast and easy transactions, Coinsbit boasts an easy-to-navigate interface that can be scaled across devices such as smartphones, PCs, and tablets. Moreover, new users can sign up and create an account anywhere and anytime because the site can be easily accessed.

It’s WAF secured

To ensure that their users’ accounts are protected, Coinsbit features a WAF feature or Web Application Firewall to prevent attacks or hacking on the site. Furthermore, all transfers within the exchange pass through the escrow system that checks if all the agreements in a transaction are fulfilled before it is executed. The Coinsbit exchange ensures the safety of its users by providing a two-step authentication process.

It has an impressive cryptocurrency portfolio

Coinsbit exchange features an impressive collection of cryptocurrencies. As of writing, it has 40+ assets including major tokens such as Bitcoin, Ethereum, Litecoin, and Ripple. Moreover, it also accepts fiat currencies such as USD, EUR, TRY, UAH, RUB, and KZT.

Create your Coinsbit account now

Start trading in Coinsbit now! Here’s a simple guide to make your account:

  • Go to the Coinsbit website and click the ‘sign up’ button located at the upper right corner of the screen.
  • You will see a registration form appear. Log in your email address and create a strong password for your account. Tick all the agreements in the terms and conditions then click the ‘registration’ button.
  • Several authentication processes will appear before your account gets activated. Once done, the site will send you a link containing a code that will verify your account.
  • Once you are done verifying your account, make sure to enable the 2FA authentication to ensure that you secure your account. This will make it harder for hackers to log in to your account since you will receive a code from your authenticator when someone tries to log in.
  • After you’re done setting up your account, you can now log in and start trading!

Start trading in Coinsbit now!

Coinsbit is one of the most impressive exchanges you can find in the crypto sphere where you can start trading and investing in digital assets without hassle. If you’re a beginner, the site can help you start and reach your trading goals with its intuitive features and services. Additionally, do your research before you start trading crypto so you can make the most of your investments.

You can find more information about cryptocurrency on our site. Visit Cryptoshimbun now and stay updated on the latest events in the crypto sphere!

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