Post
Topic
Board Scam Accusations
Re: COINSBIT.IO SCAM EXCHANGE + PONZI SCHEME !!!
by
nutildah
on 06/03/2020, 10:07:49 UTC
Here is a summary of some of the complaints about Coinsbit from here and other social media, (in addition to those posted above) to substantiate a flag I am putting on them based on this thread. This is taken from their main thread:

I suspect that something is wrong with the exchange, but I will wait until they officially answer me in support of the exchange for which they blocked me, and hardly anyone will hack my account, it is well protected
do not pay attention to this senile insanity. everywhere they see conspiracies and fraud. Coinsbit exchange has existed for several years. To date, the Coinsbit exchange has more than a million registered users. But nutildah everyone sees some kind of conspiracies and scammers ... this is called paranoia and it is treated with antidepressants.
...
I do not believe that this can happen. I have been trading on Coinsbit exchanges for a long time and have never heard of such cases.

We both know you've never put a dime in Coinsbit and are simply here to make it look like it has an active community on the forum when it does not. But just for fun, here's some "such cases" of users getting scammed:

https://www.youtube.com/watch?v=XdhoLqP1_-g - guy has over 100 referral, Coinsbit took away his CNB token balance and are not refunding it

From nomics.com, LOL:

Quote
Forums like Bitcointalk and Reddit are full of comments of users who struggle to withdraw their funds or cannot get in touch with the 24/7 customer support. Although the exchange’s team often gets involved in the threads where users complain, instead of addressing their issues, it regularly posts PR materials.

From Facebook:





As a matter of fact, you can see Coinsbit has dozens of complaints about deposits not being received, withdrawals not being processed, and balances being wiped out:

https://web.facebook.com/pg/coinsbit.io.cr/reviews/?ref=page_internal

Here's some of the complaints on Reddit:

https://www.reddit.com/r/Coinsbit/comments/cnls09/this_exchange_is_a_scam_do_not_use/
https://www.reddit.com/r/Coinsbit/comments/ew3evk/scam_exchange/
https://www.reddit.com/r/Coinsbit/comments/eqgts0/avoid_this_exchange_at_all_costs/
https://www.reddit.com/r/Coinsbit/comments/ekyw63/2000_cnb_airdrop_looks_like_a_huge_scam_to/

In addition to these factors are their "invest box" ponzi-type promotions, their obviously manipulated trading volume, and their continual listing of known scam projects such as Keplertek:

https://coinsbit.io/trade/KEP_BTC

Then there's the fact that they continue to use a thread bumping services that pretty much exclusively bumps scam projects, but that's overshadowed by the more obvious ways in which they are less than honest or trustworthy.

Please support the Level 1 flag on Coinsbit here:

https://bitcointalk.org/index.php?action=trust;flag=1434