It is a registered cryptocurrency exchange in eastern Europe (Estonia).
It is a new exchange launched in 2019 but thanks to promotional events as well as Airdrop campaigns. Coinsbit has achieved the number of registered users on this platform up to thousands of people every day. BTC, ETH and other coins are traded, most of which are tokens of small ICO projects.
CNB is the token of this exchange, it will distribute to the community through airdrops and optimize the user experience.