What kind of service is this? This is the first time I've heard of this. What does Coinsbit exchange have to do with this?
Scam service I think, just read this links:
Coinsbit and p2pb2b scams list:
https://bitcointalk.org/index.php?topic=5088392.msg52448230#msg52448230
https://bitcointalk.org/index.php?topic=5160442.0
https://bitcointalk.org/index.php?topic=5163367.0
https://bitcointalk.org/index.php?topic=5166049.0
https://bitcointalk.org/index.php?topic=5166081.0
https://bitcointalk.org/index.php?topic=5166605.0
https://bitcointalk.org/index.php?topic=5169364.0
https://bitcointalk.org/index.php?topic=5172443.0
https://bitcointalk.org/index.php?topic=5185065.msg54232981#msg54232981
https://bitcointalk.org/index.php?topic=5185065.msg54299622#msg54299622
https://bitcointalk.org/index.php?topic=5190513.0
https://bitcointalk.org/index.php?topic=5190706.0
https://bitcointalk.org/index.php?topic=5192497.0
https://bitcointalk.org/index.php?topic=5194551.0
https://bitcointalk.org/index.php?topic=5195285.0
https://bitcointalk.org/index.php?topic=5195285.msg53974810#msg53974810
https://bitcointalk.org/index.php?topic=5212453.0
https://bitcointalk.org/index.php?topic=5232300.0
https://bitcointalk.org/index.php?topic=5236100.0
https://bitcointalk.org/index.php?topic=5236327.0
https://bitcointalk.org/index.php?topic=5236502
