Is this a new exchange? A new exchange is good! Does this Coinsbit project have a bounty or an airdrop? I would take part.
Coinsbit is not a new exchange. This exchange has already been functioning successfully enough time. He's just not as popular as Binance or Bittrex. But still to come!
You can make good advertising for him, work out marketing and everything will gradually grow in popularity. There are always opportunities on the market where to grow further and higher