Yaroslav Yarovenko launched it in August of 2018. The exchange platform, which was formerly regarded as the finest in Asia, is now placed 24th among exchange platforms. It is a cryptocurrency and fiat exchange platform that allows users to trade both cash and cryptocurrencies. It accepts a broad number of cryptocurrencies, including LTC, USDT, and BCH. Although there have been recent concerns regarding their English language, the exchange platform's interface is available in a variety of languages (about 13).
When it comes to costs, CoinsBit charges a 0.2 percent trading fee for both makers and takers, which is extremely competitive.