• Coinsbit

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Overview

Coinsbit has a rating of 1.13 stars from 11 reviews, indicating that most customers are generally dissatisfied with their purchases. Coinsbit ranks 685th among Cryptocurrency Other sites.

  • Service
    6
  • Value
    5
  • Shipping
    2
  • Returns
    3
  • Quality
    5
Positive reviews (last 12 months): 0%
Positive
0
Neutral
0
Negative
7
See all photos
How would you rate Coinsbit?
Top Critical Review

“"Technical issue" preventing release of funds”

Charlie K.
3/29/23

Worst experience ever with an exchange. Keeping funds hostage after providing requested documentation claiming a "technical issue" is preventing them from releasing funds held. Ongoing for weeks. Won't clarify what "technical issue" is. Just keeps saying to be patient. My advise: STAY AWAY. Trade elsewhere.

Reviews (11)

Rating

Timeframe

Other

Thumbnail of user charliek166
1 review
0 helpful votes
March 29th, 2023

Worst experience ever with an exchange. Keeping funds hostage after providing requested documentation claiming a "technical issue" is preventing them from releasing funds held. Ongoing for weeks. Won't clarify what "technical issue" is. Just keeps saying to be patient. My advise: STAY AWAY. Trade elsewhere.

Service
Value
Quality
Thumbnail of user pcmlalazi
1 review
0 helpful votes
September 4th, 2023

Withdrawals take ages to reflect on receiving wallet, now 24 hours since I withdrew. Support also doesn't work. Simply cannot submit a ticket since yesterday, keeps saying system error or ticket limit reached. Attached is a screenshot. It is so bad.

Service
Quality
Thumbnail of user paulineb342
1 review
0 helpful votes
March 20th, 2024

Terrible and an utter waste of time and effort. I recently had an issue of withdrawal and found the majority of staff to be rude, unhelpful and would continuously lie about what was happening. I had banked with them since 2018 and was honestly shocked at how they handled the situation - there are so many other brokers who prioritize good customer experience, I can't think of a single reason to trade with them. I looked online and called "AyrLP". They worked tirelessly to help me rebuild my credit. The communication and updates were amazing and i am now back on track.

Thumbnail of user lorenzof47
1 review
0 helpful votes
October 31st, 2023

They initially stated that they would not return my money, and then they did not. Insisting on more investment in the venture. There is a lack of clear direction and insufficient standards. I wasted a lot of time looking for assistance. I quickly located an experienced WoRCL.to ''representative who assisted me in recouping my losses. Coinsbit did nothing but cheat.

Thumbnail of user steveh3746
1 review
1 helpful vote
January 13th, 2024

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 megcodyrecuperatee.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 COINSBIT!

Tip for consumers:
Worst exchange, don't use!

Thumbnail of user andrewc1886
2 reviews
0 helpful votes
June 17th, 2022

If I say I am disappointed that will just be an understatement, I was made to go through hell in the past 6 months I tried everything I could to get my money back, but they will not let me take it out. I got tired of trying myself so I decided to bring in Stellar-trace.com a company that was introduced to me by a friend and they were able to help me get my money back. You can google them to check them out, If you find yourself in situation you couldn't withdraw your funds or wallet issues

Service
Value
Shipping
Returns
Quality
Thumbnail of user adanc23
1 review
0 helpful votes
March 20th, 2023

According to the Australian Cyber Security Centre, most online investment platforms are fraud. Do not open any emails from them. Be advised that filing a complaint with Onlinescamreport com advisory may be helpful to victims they use the latest cyber tools and open source intelligence OSINT to help victims get reimbursed.

I had a very bad experience with an unregulated broker and was saved by the timely intervention of a recovery forensic company. Within 2 weeks, I got almost 95% of my loss. They are really good at what they do, I have recommended them to friends and co-workers who all became satisfied customers. I simply can't thank ONLINESCAMREPORT COM enough.

Thumbnail of user ricka500
1 review
0 helpful votes
January 21st, 2024

You cannot withdraw your crypto. I tried to withdraw my USDT. First time after 7 days, i cancelled it, then withdrew again. Its been 13 days and still pending. Customer service is a joke. No resolution.

Tip for consumers:
dont use coinsbit.

Products used:
crypto wallet

Service
Value
Thumbnail of user justgots
1 review
0 helpful votes
April 3rd, 2022

This is a scam exchange. So whatever you do don't buy from there. Since it might get removed again I'll keep it brief on the details. Sorry about this but it is what is. Long story short the moment you deposited your Crpyto on that website your funds are forfeit. It doesn't matter how many months you email them or what promises they make in the email.

EDIT: I wonder if they will remove this review too?

Thumbnail of user matty114
1 review
0 helpful votes
March 2nd, 2024

Coinsbit is the dodgiest exchange I have ever dealt with, I attempted to withdraw 60usdt 15 days ago and have to this day still not received those coins. Their customer service email responses are robotic, unhelpful and pathetic attempts to avoid coughing up my coins.

They continuosly claim they are having "technical issues".

STAY THE $#*! AWAY FROM THIS SCAM EXCHANGE.

Products used:
Exchange, withdraw

Service
Value
Shipping
Returns
Quality
Thumbnail of user jamescurriew
2 reviews
0 helpful votes
August 10th, 2023

My advice to newbies in the crypto world is to consider alternative investment options. I speak from personal experience, having been involved with three different investment platforms in the past, all of which turned out to be fraudulent websites. As a result, i lost a significant amount totalling around half a million pounds. When i shared this unfortunate news with my wife, she was understandably upset that i hadn't discussed the investment plan with her earlier, as we have always been open and transparent with each other throughout our marriage. She didn't speak to me for several days, leaving me feeling confused and unsure about what to do next. Desperate for a solution, i sought the help of a private investigator who referred me to an underground hacking group that specialises in assisting people in recovering their funds from similar situations. Through ongoing communication on telegram with the *******@https://t.me/Melissa_Fx_recvrfirm, we worked together to achieve a successful outcome, and i am thrilled to say that i have now received my funds. Moreover, i am grateful to share that my wife and i have mended our relationship and are on speaking terms once again, which brings a smile to my face. If you ever find yourself in a similar situation, you may find the contact details of the hacker helpful. Their email is d re w wa ke • j bt ech at g m1 L • c 0M

Products used:
Crypto

Service
Value
Returns
Quality

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11 reviews
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