Not yet connected to Monetory
CoinsBit
A centralised exchange from Estonia started operating in 2018. There is spot trading, DeFi, steaking pool and OTC trading - "over the counter" i.e. OTC transaction. The principle of operation is exactly the same as on the P2P sections of other platforms.
The platform acts as a guarantor, when the transaction is carried out, the funds are fixed on the escrow account. USDT and BTC are available for trading in the OTC-section, as well as 6 fiat currencies, including RUB, UAH, USD, EUR, CNY and KZT. There is liquidity only in USD, other currencies have little or no offers.
To trade in this section, you need to undergo mandatory verification.
News of CoinsBit
All newsTotal information
OPENING DATE
1/1/2018STATUS
AvailableSTATUS ON MONETORY
Not connectedClass
EcosystemType
CustodianExchange
Spot tradingFormat
WebLiquidity
OFFERS ON MONETORY
—Liquidity
LowPopular P2P fiat currencies
KYC and regulation
KYC
NormalWithout verification you will not be able to trade in the OTC and withdrawal section. To pass verification, you need to upload a photo of your documents and take selfies with your documents and signature on a piece of paper with the specified text.
KYC conditions on CoinsBit
About regulation
Officially, there are no restrictions - the site leaves compliance with laws to the users.
P2P trading
Coins P2P