Review on Coinsbit by Inioluwa Okedeji
Coinsbit: A Cryptocurrency Exchange With High Liquidity
Coinsbit is an exchange plaform that was established in 2018. Like other exchange it trades popular coins like BTC, ETH, LTC and other cryptocurrencies listed on the exchange platform.
The Coinsbit exchange platform has very much liquidity, enough to attract investors from around the world to invest. Looking at the platform's year of establishment which was two years ago, one can only wonder how such project made it to the top 30 exchanges in the cryptocurrency space in such a short period of time, even with lots of competition. This proves very much the swift development of the project.
Since the establishment of the Coinsbit exchange platform it hasn't recorded any case of security breach whatsoever this is due to the top notch security systems protecting the platform from being compromised.
The interface of the exchange is attractive, simple and very easy to use. So users will have no difficulty performing their trading activities and other operations on the platform.
Recently, there's news about the non-transparency that occurs in the operations of the platform which is sad and also the issues of delayed withdrawals and poor customer service, which are essential to the growth and development of the platform. I can only hope these issues are rectified and solved in earnest.
Pros
- It has an attractive user interface.
- It is has high security measures in place.
- The exchange has high liquidity which is suitable for investments.
- The exchange supports both fiat currencies and other multiple cryptocurrency pairs for trading
Cons
- There are issues of delayed withdrawals
- News of lack of transparency in its operations.
- The exchange platform's customer service is very poor
