EXCHANGE FEES
Withdrawal Fee: 0.0005 BTC | Taker Fee: 0.20%  | Maker Fee: 0.20%


DEPOSIT METHODS
Wire Transfer: Yes | Credit Card: Yes


COMPANY INFO
US-Traders Allowed: Yes | Year Founded: 2018 | Crypto Markets: 24+

coinsbit logo

Coinsbit Review Summary

In our Coinsbit review, we found that it is a secure, reliable, and user-friendly cryptocurrency exchange. It offers a wide range of coins and tokens, low trading fees, and advanced trading tools. It also provides a secure wallet, 24/7 customer support, and a rewards program.

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Overall Rating: 
2.6/5 stars

Team

FeEs

SUPPORT

Security

Selection

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Coinsbit Review

Key takeaways from our Coinsbit review:

  • It offers a variety of tools and resources.
  • Coinsbit has competitive trading and withdrawal fees.
  • It is available to US investors.

Coinsbit Pros & Cons

Pros
  • Low fees for trading and deposits
  • Wide selection of cryptocurrencies
  • Reliable customer suppor
Cons
  • Limited payment methods
  • Lack of information about the team behind the exchange
  • Limited geographical availability

What is Coinsbit?

Coinsbit is a secure, reliable and innovative cryptocurrency exchange platform. It provides a wide range of services including trading, staking, lending and more. It also offers a unique rewards system, allowing users to earn rewards for their trading activity.

coinsbit homepage

Coinsbit is a leading cryptocurrency exchange platform that offers users a wide range of features and services. Here is an overview of some of their most popular features.

Coinsbit Product & Features

First, Coinsbit provides users with a secure and reliable trading environment. The platform is secured with advanced encryption technology, and users can also benefit from two-factor authentication for added security. Additionally, Coinsbit offers a 24/7 customer support team to help with any issues that may arise.

Coinsbit Markets

Second, Coinsbit offers a wide variety of trading options. Users can trade a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many more. Additionally, Coinsbit provides margin trading, allowing users to borrow funds to increase their buying power.

Third, Coinsbit provides users with a variety of tools and resources to help them make informed trading decisions. The platform offers a range of charting tools, technical indicators, and market analysis tools to help users stay up to date with the latest market trends.

Coinsbit Mobile App

Finally, Coinsbit provides users with a range of payment options. Users can deposit and withdraw funds using a variety of payment methods, including credit/debit cards, bank transfers, and cryptocurrency wallets.

Coinsbit is a great platform for cryptocurrency traders of all levels. The platform offers a secure trading environment, a wide variety of trading options, and a range of tools and resources to help users make informed decisions. Additionally, Coinsbit provides users with a range of payment options to make deposits and withdrawals easy and convenient.

Coinsbit Customer Support

Coinsbit provides its users with reliable and efficient customer support. The platform offers a 24/7 support team that can be reached through email, live chat, or phone. Additionally, Coinsbit provides users with an extensive FAQ section that covers a wide range of topics, including account verification, deposit and withdrawal methods, and trading fees. Users can also submit a ticket through the platform's support system for more specific or complex inquiries.

Can US Citizens Use Coinsbit?

Coinsbit is available to US-investors. Additionally, Coinsbit restricts access to investors from certain countries, including North Korea, Iran, and Syria.

Coinsbit Trading Fees

When it comes to trading fees, Coinsbit offers a competitive fee structure. Maker fees are 0.20%, while taker fees are 0.20%. This fee structure is in line with other major exchanges, making Coinsbit an attractive option for traders looking to save on fees.

Coinsbit fees

In addition to trading fees, Coinsbit also charges a withdrawal fee. This fee is based on the currency being withdrawn and the withdrawal amount. For example, the fee for withdrawing Bitcoin is 0.0005 BTC per transaction.

Overall, Coinsbit offers competitive trading fees and withdrawal fees, making it an attractive option for traders looking to save on fees.

Coinsbit Alternatives

There are a ton of good alternatives to Coinsbit out there. We've reviewed dozens so far. Here are our top recommendations:

  • For beginners: If you're US-based, check out Coinbase or eToro. Coinbase has made buying and selling cryptos easy, while eToro has built in some pretty cool features for beginners, like copy trading their top traders, wallet services, and more.
  • For advanced traders: If you're looking for advanced trading features, PrimeXBT or ByBit are good options. PrimeXBT has an advanced trading engine, margin trading, and plenty of options, while ByBit has deep liquidity, high leverage options, and more.
  • For decentralized exchanges (DEX): If you're looking for a permissionless trading experience, we suggest checking out Gains Network or Uniswap. Gains Network allows for decentralized trading of cryptos, stocks, ETFs, and more, making it the most powerful DEX currently available. Uniswap is well known to be one of the largest DEXs available, with 1000s of trading pairs available.

How to Sign up on Coinsbit?

Coinsbit Sign up process

Here are the step by step instructions on how you can sign up on Coinsbit.

  1. Visit Coinsbit here
  2. Click the “Sign Up” button in the top right corner.
  3. Enter your email address, password, and accept the Terms of Service.
  4. Click the “Create Account” button.
  5. Check your email for a verification link.
  6. Click the link to verify your account.
  7. Log in to your account.
Coinsbit Review

About the author 

Sam Rexford

Hey! I'm Sam Rexford, owner at ChillReptile.com. I'm a 9-5 escape artist, dad, and entrepreneur. I write about escaping legacy systems with online businesses, software, emerging technology, cryptocurrencies, investing, and a ton more. You can learn more about our mission here.

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