The main distinguishing feature of ITEcosystem OÜ is the processing speed of up to 10,000 trades every second and 1,000,000 TCP connections
More than 95% of all currency are stored in cold wallets. WAF (Web Application Firewall) – is a web application security screen that detects and blocks hacker attacks.
Main coins support
BTC, ETH, LTC, BCH, BTG, ETC, TUSD.
Trade cryptocurrency from anywhere in the world. Close deals with maximum profit. React instantly to market changes with the Coinsbit mobile app. All the power of the Coinsbit exchange in your smartphone.
What is KYC and why is it needed?
Know your client (abbreviated KYC) is the term of banking and exchange regulation for financial institutions and bookmakers, as well as other companies working with private money, meaning that they must identify and establish the identity of the counterparty before conducting a financial transaction.
This requirement extends to obtaining reasonably complete information about counterparties-legal entities, the nature of their business and certain business transactions for which a financial transaction is being conducted.