Good thing you did a research before making a question but I dont think this project is a gem in the long run. Most projects looks good at first in all aspect but the true purpose can only be found as time goes by.
You meant this Coinstbit?
Well based on this it looks shady and not trusted so be careful investing.
Yeah, coinsbit has it's share of accusations so that itself looks questionable to me. Of course, when we see a project, that first thing we notice is what the OP mentions, and seems attractive. But most projects do looks legit in the first, however, this is not a formula for success or not to be a scam. Chances are those people behind have some trick of their own, specially right now that we are in the bull run already, they will do everything to get our hard earn money, so be careful.