Paul W.
CoinBits is a great idea and worked…BUT
CoinBits is a great idea and worked well..Unfortunately--Crime Trust rugged all the users and thus destroyed Coinbits and any other exchanges or programs associated with that 3rd party. Verify don't trust
Response from CoinbitsSep 9, 2024
Hi Paul, Thanks for taking the time. I know you wrote this review a while ago but I wanted to publicly reply and emphasize something you said – which is that Prime Trust, not Coinbits, was responsible for the funds of Prime Trust account holders. As of this writing, Prime Trust account holders are still awaiting reconciliation of their funds. ALWAYS withdraw your bitcoin from exchanges as soon as possible – this is the only way to eliminate counterparty risk. Don't trust us, or Prime Trust, or anyone – with bitcoin, it's not necessary to do so. If you or anyone else needs help learning how to self-custody bitcoin, we are happy to assist.