CoinsBit : Up to $300 on Signup + 25% Referral Commission

Win up to $300 in CNG tokens by signing up via our Coinsbit referral link. You are also eligible to win 25% Coinsbit commission on trade done by people referred by you. Sign up on Coinsbit.io now to avail all the benefits.

Participate in Coinsbit.io multilevel Affiliate Program to earn up to 58% referral commission. Referral promotion is available for a limited time. Just use our Referral Code to get started.

Try to understand more about the Coinsbit crypto exchange by reading the blog below.

Coinsbit Referral Code : c7b39f69-f21c-4e7d-b289-2a17cacd34aa

• Bitmex Referral Program
• Bybit Referral Code

What is Coinsbit?

Coinsbit is a cryptocurrency exchange based in Estonia and was formed in August 2018. With Estonia coming out with multiple crypto assets exchanges in recent times such as Jubiter, Kriptomat, BTCBear, etc. the competition among the exchanges has actually helped the traders to get some of the best services and rewards in forms of affiliates program or referral bonus.

This healthy competition led Coinsbit to be named as the “best trading platform launched in 2018” at Blockchain Life 2019 Asia. Coinsbit also entered as one of the top largest exchanges in the ranking of CoinMarketCap and CoinGecko.

Coinsbit has also been performing well in the leading crypto exchange markets. As of March,27, 2020 Coinsbit ranks no 3 in 24 hr trading volume (approx 2.5 billion $) and had a volume of 87 billion $ in 30-day trading volume. Though it ranks a modest 22 in the top 50 crypto exchanges by liquidity.

How to Register on CoinsBit?

1. Visit Coinsbit Referral Link to reach the sign-up tab.
2. Fill the required details such as a valid email id and password.
3. Verify your email id.
4. Identification and verification procedures (also known as ‘Know Your Customer’ or ‘KYC’) are required for all the Transactions.
5. You also have to go through a photographic identification with your valid id.

Coinsbit Referral Program -:

CNG airdrop is a Referral program launched by Coinsbit.

CNG represents a token for gaming from CNGame Casino. Only the newly registered users and referral program participants will be awarded with CNG.

The referral program is valid till May 2020. So if you want to reap the benefits now is the right time to start referring Coinsbit to your friends and relatives.

Terms -: Coinsbit.io Affiliate Program

To receive $300 airdrop in CNG Token following steps are to be performed by the New Users.
1. Register yourself after 20th Feb and before 20th May.

2. Complete your KYC verification.

3. Subscribe Telegram channel of Coinsbit.

No worries if you have registered before 20th Feb. You can still win CNG tokens by referring your loved ones to get registered on the exchange. Rewards are provided on a 5-level basis as shown below.

CNG tokens according to the following 5-level reward system.

How to refer on Coinsbit?

Click on the Referrals tab. You will find your referral link which you have to copy and share.  

To Better Understand the Procedure

It is a level reward system. There are a total of 5 levels.

If you refer a friend the reward you receive is of 1st level (i.e $300 in CNG tokens)

The above friend refers to someone else. Then you receive reward corresponding to 2nd level (i.e $175 in CNG tokens)

Similarly you keep on going till you reach level 5.

If you reach level 5 you would have earned $625 in CNG tokens.

Coinsbit.io Trading Referral Rewards Structure

You will also receive a commission on a trade completed by the person referred by you. It also works on the level system as explained above. You can earn a max of 58% commission.

The more your referrals trade, the more you earn.

To track your referrals activity open the Referrals Tab. You receive your trading profit on the next month’s beginning of the referrals trading month.

As the number of CNG tokens is limited, the only way to get them afterward is by buying them from the people who have won them from the referral program. So don’t waste time and start referring now.

CNB (Coinsbit Exchange Token)

CNB Token is a service token of Coinsbit.

If you keep a minimum deposit on balance in CNB token you get higher payouts for referrals. If you are getting referrals then better to hold some CNB to get higher payouts.

Currencies and payment methods accepted by Coinsbit

Currently, the following currencies are being supported by the exchange

BTC

ETH

LTC

BCH

BTG

ETC

TUSD

Coinsbit allows you to make deposits through Visa and Mastercard.

Fees on Coinsbit

Unlike other exchanges where we are provided with different fees for Market Makers and Market Takers Coinsbit doesn’t distinguish between the two and has a flat fee of 0.2% of the order value for trading purposes.

Coinsbit withdrawal fees for BTC is 0.0012%.

Fees for deposits and withdrawals for other coins are presented below

Here

Is Coinsbit secure?

Coinsbit stores more than 95% of all currency in cold wallets thus minimizing losses of the users. It receives an F rating in Mozilla’s Observatory Test (https://observatory.mozilla.org) but so is the case with every other crypto exchange available today.

Coinsbit customer support

Coinsbit 24/7 customer support and website are multilingual thus helping the non-english speakers. However users generally complain about the quality of support given.

Verdict

Coinsbit is an emerging exchange and has seen success in its short history of 2 years. It is evolving with the needs of the hour to provide the best facilities to its users.

However the negative public opinion on its delay in withdrawal orders and poor customer support has somewhat marred its reputation. Lack of transparency is another aspect this exchange should look forward to address in order to restore the belief and faith in the users.

Start promoting Coinsbit.io via their Referral Program to earn free CNB tokens and commission cut for trading fees paid by your referrals.