Kuskbit: company reviews, opportunities for traders
Kuskbit Review
The cryptocurrency platform Kuskbit is designed for fast and efficient trading of digital assets, as well as for investing in them. The Kuskbit team claims that their platform is reliable and secure. However, after conducting our own research, we gathered user reviews to determine the accuracy of the company’s statements.
Kuskbit Investigation
The Kuskbit website is presented as a one-page site with minimal content. There are no localization switching options and informative menus. The service description, like on many similar platforms, is filled with marketing statements without specifics.
According to the domain registration data in the Whois database, kuskbit.com was registered on May 29 of the current year. The domain is owned by a private individual, whose details were found in the database.
After checking the provided phone number and email, we found out that the number belongs to a Belarusian telecommunications operator. Additionally, the provided email address is associated with several other domains with similar content. Thus, Coinomypay, Coinomyx, and Kuskbit are essentially the same project. This indicates the potential insolvency of the company.
Regulation of Kuskbit Activities
Despite the increasing interest in digital assets, the regulation of cryptocurrencies at the state level still lacks established procedures. Due to the absence of a legislative framework, exchanges, including Kuskbit, may operate without the need for licensing from government authorities.
Kuskbit Platform Features
To register and use functions on Kuskbit, you need to complete the registration process. The description of operations and the minimum deposit is missing, creating a lack of information about the operating conditions. The platform allows storing various currencies in wallets, making instant transfers, and trading assets in the terminal. The following fees apply:
- Internal fee for opening a deposit — 1%,
- Internal fee for fund transfer — 1.5%,
- Insurance processing fee — 2.5%,
- Commission for unlocking bonus funds — 30% of the bonus amount.
Kuskbit Work Reviews
Currently, we have not been able to find reviews about the Kuskbit platform. This is likely due to the project’s recent existence and the insufficient number of users. If you have experience working with Kuskbit, please share your impressions.
Kuskbit Scam Essence
The scheme of scammers on the cryptocurrency exchange Kuskbit is quite simple and effective. They create bots that send spam with offers of commission-free trades and welcome bonuses. When clicking on the link and registering, the client needs to register a crypto wallet to receive the bonus. Verification requires a temporary deduction of a certain amount, which they promise to return along with the bonus. However, there is no actual refund of funds, and the scammers evade and disappear.
Expert Opinion on Kuskbit
After analyzing the exchange data, we have concluded that Kuskbit is a serial fraudulent project. The company deceives clients by offering services that do not actually exist. Due to the lack of credible documents, contact information, and positive reviews, cooperation with Kuskbit is not recommended as it is likely a scam.