Coinsbit Reviews

Name: Coinsbit
Rating: 1.60

1.6 Rating 633 Reviews

12 %

of reviewers recommend Coinsbit

Company Reviews

Questions

Metrics

1.6

Based on 633 reviews

Shipping & Delivery
Delivery Methods	Courier
Average Delivery Time	Next Day
On-time Delivery	Greater than 84%
Customer Service
Communication Channels	Email, Live Chat
Queries Resolved In	Under An Hour
Customer Service	3.3 out of 5
Returns & Refunds
Refunds Process	Very Easy

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Coinsbit 1 star review on 19th December 2025

149

Anonymous

Anonymous // 01/01/2019

Filter: Rated 1 None 5 Stars 4 Stars 3 Stars 2 Stars 1 Stars Helpful

“Totally ignore them right away if you have issues with this platform because you either cannot withdraw or asked to pay more and more, i was able to get all mine back and you can get back all they owe you with help from swiftrecovery001@gmail.com”

Helpful Report

Posted 2 years ago

“They are unreliable, i am open to share my experience and to enlighten everyone on how i was able to withdraw my money from them.”

Helpful Report

Posted 2 years ago

“Coinsbit is a scam exchange. Once you make a deposit, you cannot get it back. I couldn't withdraw my coins for about 5 months. After that, all my coins disappeared without explanation. I contacted support and they gave me a robot response time and time again and the issue remained unresolved. I was lucky enough to stumble upon a fraud investigator located in the usa this her email joan.recovery@usa.com, she works with a firm that helps track down scams and recover lost funds and crypto, they helped me get my coin back from this scam exchange. DO NOT USE THIS EXCHANGE!”

Helpful Report

Posted 3 years ago

“You register on the exchange and pass the KYS verification. You trade on the stock exchange without any problems. You are making a withdrawal and it's denied. Stellar-trace.com Stepped in to help get my funds and interest back. Check them out on google.”

Helpful Report

Posted 3 years ago

“Greedy people. They never tell you before you deposit that you need to do KYC to withdraw. And they don’t even say anywhere in their TOS that they’re banned in certain countries. All of this to lock people’s money.”

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Posted 3 years ago

“trading a new coin recently, its very slow and unable to trade (buy or sell) large volumes, only allows you drips and drabs via LIMIT ORDER, THEN when you try to sell larger volumes at MARKET ORDER, they blip the system so that it sells at 0.00000xxx and you end up getting nothing for it. lesson learnt about coinsbit.io. never again.”

Helpful Report

Posted 3 years ago

“they are scammers...... they ripped me off until i filed my complaints to FTC Authority that assisted me to recover my lost funds reach out to them via email and get help Reportfraudftc . gov . uk @ protonmail. com”

Helpful Report

Posted 3 years ago

Helpful Report

Posted 3 years ago

“They will lie to you, don't give them one penny. I'm glad I got off their clutches eventually after making a formal report to Stellar -Trace The reimbursement was a wonderful feeling. Google them”

Helpful Report

Posted 3 years ago

“This exchange is 100% a scam. Do not use it at all costs. Anyone that tries to tell you that it is legitimate. Has been paid to do so and or are bots.”

Helpful Report

Posted 3 years ago

“Coinsbit has no respect to customers, support service replies with only an automated answer. Withdrawals are taking too long and with no reason coinsbit just cancel the withdrawal transactions.”

Helpful Report

Posted 3 years ago

“Coinsbit is a scam exchange. Once you make a deposit, you cannot get it back. I couldn't withdraw my coins for about 5 months. After that, all my coins disappeared without explanation. I contacted support and they gave me a robot response time and time again and the issue remained unresolved. I was lucky enough to stumble upon aramezglobal.com, a company that helps track down scams and recover lost funds and crypto, they helped me get my coin back from this scam exchange. DO NOT USE THIS EXCHANGE!!!!”

Helpful Report

Posted 3 years ago

“Just trying to avoid from all of you my lamentable experience with Coinsbit. They blocked my funds, and despite dozens of emails to the support, no answer at all except “Dear user, please clarify” even though I have sent several times all the details requested. So, impossible to withdraw your funds. I could add that they remove every msg in their telegram group when it’s a critic and remove you from the group just after. RUN AWAY”

Helpful Report

Posted 4 years ago

“as others have said. DON'T DO BUSINESS WITH coinsbit.io. They will steal your funds.”

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Posted 4 years ago

“They are scammers!!!!”

Helpful Report

Posted 4 years ago

“They SCAMMED ME. You cannot withdraw. See my attachments.”

Coinsbit 1 star review on 26th November 2020

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Posted 5 years ago

Coinsbit is rated 1.6 based on 633 reviews