By
Chimamanda U. Martha
April 25th, 2024
Coinsbit attracts global attention after the launch of its referral program. The company rewards $200 in CNB Tokens for subscription through a referral link.
Coinsbit is an Estonia-based crypto exchange launched in 2018 and licensed for trading activities in the EU. The exchange has roughly 43 trading pairs of cryptocurrencies. The most recognized pays include BNB/ETH, BNB/USD, BNB/BTC, ETC/BTC, LTC/ETH, LTC/USD, ETH/BTC, ETH/USD, and BTC/USD.
In a bid to remain relevant in the competitive crypto market, the company is introducing several essential services that will assist in differentiating the exchange from the stiff competition. Borrowers aren’t required to present their credit history and can receive cash while securing their confidentiality.
A P2P lending service will allow microfinance, with consumers able to borrow and lend funds through the Coinsbit exchange. The platform also has an investment box service that rewards subscribers who deposit tokens in the nature of interest paid on different cryptos.
Referral Program
Since the launch of its referral program, Coinsbit continues to hit news headlines globally. The exchange rewards $200 in CNB coins for registration through a referral link. But the subscribers in the company’s referral program are partitioned into three groups:
- First level referrals created by the program users
- Second level referrals created by the first level referrals
- Third level referrals created by the second level referrals
Once registered, referrers earn a share of commissions from their referrals` trades. The shares for the first-level to the third-level range from 25%, 15%, and 5%, respectively.
The exchange also provides extra rewards for referrals enrolled prior to the IEO for CNB. At this point, referrers will receive $100, $50, and $25 from the first level to the last level, respectively.
The Initial Exchange Offering (IEO) for CNB is expected to be launched on Christmas Eve. If this is successful, Coinsbit customers will receive a 50% discount.
The spreading news about the Coinsbit referral program is primarily contributed by its CNB token, which is worth $0.1. It enables customers to earn a discount of 50% for the exchange services and 3% passive income from the investment generated on the system. CNB also serves as collateral on the firm’s p2p-lending network.
Exemplary Customer Support
Speaking of uniqueness, Coinsbit offers 24/7support via its chatbot in languages such as German, Spanish, Indonesian, Russian, Japanese, English, and Mandarin. To start communication, the platform gives the option where you can use email address, Google, or Facebook account. However, you can opt-out of all these options if you intend to trade crypto as confidentially as possible.
However, the strong selling point of Coinsbit above the rest is how it values its users and has an accurate record for being quick to respond to users’ queries.