Review on Coinsbit by Praise Olagbadun
My Review On Coinsbit Exchange
The Coinsbit exchange platform is a crypto exchange platform that has been well recognized for it's security feature which has been tested and proven by so many people with myself inclusive. The exchange platform allows users to make deposits using cryptocurrencies and fiats. They accept a not-too much number of cryptocurrencies and fiats I guess this is because of how new it is.
For their interface, I found it as a well polished one, stylish it is actually and I really love it. Their deposit comes without a fee but their withdrawals comes with an affordable fee. Their trading fee also comes with an affordable fee of 0.2% for both makers and takers.
As for the security measures, they store more than 95% of funds in a cold storage and every transaction requires a confirmation code before execution. Their interface comes with about 10 languages and their support system in some of these languages. Their speed of execution is actually fast and I like the platform but I don't think I'd continue using the platform due to some reasons.
Pros
- The exchange platform stores users on a cold storage
- They charge a very competitive fee of 0.2%
- Their transaction is executed at a very great speed
- It is a multilingual exchange platform that has been translated in more than 10 languages
- Their user interface is very stylish
- Have their mobile applications available
Cons
- The exchange platform doesn't allow 2 Factor Authentication
- Their customer support doesn't reply to questions on time
