Coinbit Account Type

Coinbit offers a single main account type for its users, known as the Coinbit Wallet. This account allows users to trade and manage various cryptocurrencies on the platform. While there are no specific tiers or levels of accounts mentioned, the platform provides a user-friendly interface suitable for both beginners and experienced traders. The account supports trading in over 100 cryptocurrencies, with a trading fee of 0.20% for all transactions.

Coinbit Broker Account Opening Process

Opening an account on Coinbit is a straightforward process that involves the following steps:

• Visit the Website: Go to the official Coinbit website at coinsbit.io.

• Sign Up: Click on the “Sign Up” button located at the top right corner of the homepage.

• Enter Details: Fill in your email address and create a strong password. Agree to the terms of service and privacy policy.

• Email Confirmation: After submitting your information, you will receive a confirmation email. Click on the verification link in the email to activate your account.

• Complete KYC: To withdraw funds, you must complete the KYC (Know Your Customer) process. This involves providing personal information such as your full name, date of birth, and residential address, along with uploading identification documents.

• Verification: Wait for the verification process to be completed. This may take up to 2 days.

• Start Trading: Once your account is verified, you can deposit funds and start trading on the Coinbit platform.

By following these steps, users can easily set up their accounts and begin their trading journey with Coinbit.