Too many red flags in this thread, scam accusation throwing around. I don't know about COINSBIT.IO too much and which one is right or wrong but this isn't good and everyone will avoid it like plague.
The only one thing that i know about this if the owner of this crap exchange site is the same with p2pb2b. That means that guy owned both coinsbit and p2pb2b. This is a scam exchange that needs to be avoided by everyone.
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These are just your speculations. Coinsbit exchange has nothing to do with p2pb2b exchange.