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View ChartCoinsbit Token (CNB) is the native service token of the Coinsbit exchange, an Ethereum-based trading platform founded in 2018 and operated by EXRT Services OÜ. The token was designed to optimise the user experience and unlock enhanced features within the exchange ecosystem. CNB runs on the Ethereum platform, giving it compatibility with widely used wallets and blockchain explorers such as Etherscan and Ethplorer. The token has a maximum supply of 1,500,000,000 CNB, a total supply of 1,350,000,000 CNB, and a circulating supply of 1,331,266,628 CNB, which represents 88.75% of the maximum supply. Coinsbit Token can function as a medium of exchange and is also tradable on external exchanges beyond its native platform. The project is in a mature phase, having launched in 2019, with its market activity currently assessed as dormant by third-party analytics providers.
Coinsbit Token is issued by the Coinsbit exchange, which was founded in 2018 and is operated by the company EXRT Services OÜ. Detailed public information about the individual founders and core team members behind the token is currently limited. The project is closely tied to the Coinsbit trading platform, which describes itself as one of the largest exchanges globally, emphasising security, high performance, reliability, and low-cost trading. As with many exchange-issued tokens, the development and operation of CNB are directly linked to the strategic direction and management of the Coinsbit platform itself.
CNB operates as an Ethereum-based token, meaning it leverages the Ethereum blockchain for transaction settlement, security, and compatibility with standard token infrastructure. As the native service token of the Coinsbit exchange, it is integrated into the platform's operations and can be used to access enhanced features. The token also serves as a medium of exchange and can be traded on external exchanges, providing liquidity options beyond the Coinsbit platform. Coinsbit supports token exchange services, OTC trading, and staking pools, which form the functional environment in which CNB circulates. Trading activity data shows CNB listed on 14 active markets, with reported pairs including CNB/BTC and CNB/ETH, though recent 24-hour trading volume has been reported at zero.
CNB's primary value proposition stems from its role as the service token of the Coinsbit exchange, giving holders access to platform-specific features and benefits. The token benefits from the exchange's stated focus on strong security, high performance, reliability, low cost, and broad token support. Coinsbit's offering of token exchange services, OTC trading, and staking pools creates a functional ecosystem where CNB can be utilised. Additionally, the token's tradability on external exchanges provides flexibility for holders. However, prospective investors should note that third-party analytics currently assess CNB's trading activity as dormant, with low activity potentially making displayed prices sensitive to a small number of trades. The token trades 99.33% below its all-time high, reflecting significant depreciation from its early peak.
Coinsbit Token serves multiple functions within and beyond its native exchange. Primarily, it acts as a service token that provides access to enhanced features on the Coinsbit platform, aligning with the project's goal of optimising user experience. It can be used as a medium of exchange, enabling holders to transact value. The token is also tradable on external exchanges, allowing users to buy, sell, or swap CNB against other assets. Coinsbit's ecosystem supports staking pools, which may offer additional utility for token holders. Popular conversion pairs include CNB to AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW, indicating multi-currency accessibility. The token can also be swapped via decentralised products where supported.
The Coinsbit Token ecosystem is centred on the Coinsbit exchange, which was founded in 2018 and continues to offer token exchange services, OTC trading, and staking pools. Community engagement channels include social media platforms such as X and Telegram, and price alert services for CNB are available through third-party tools. The token is listed on 14 active markets, with conversion options across numerous fiat currencies. However, current ecosystem development appears subdued, as reflected in the dormant trading activity assessment, zero 24-hour trading volume, and zero active exchanges reported by analytics platforms. Price predictions from third-party sources suggest modest potential growth, with forecasts of approximately $0.0000285 by 2027 and $0.00003142 by 2029, though these projections should be treated with caution given the token's low liquidity.
Coinsbit Token is not a mineable cryptocurrency. As an Ethereum-based token issued by an exchange, CNB is not produced through proof-of-work mining. Instead, tokens are generated and distributed according to the project's tokenomics, with a maximum supply of 1.5 billion CNB. Holders may participate in staking pools offered by the Coinsbit exchange, which can provide a mechanism to earn rewards on holdings rather than through traditional mining. Those interested in acquiring CNB typically do so by purchasing it on exchanges where it is listed or through supported swap services. There is no public information indicating a mining algorithm or consensus participation mechanism for CNB itself.
Because CNB is an Ethereum-based token, it can be stored in wallets that support ERC-standard assets, including widely used software and hardware wallets. For optimal security, consider using a hardware wallet to keep private keys offline and protected from online threats. Always back up your wallet's seed phrase in a secure, offline location and never share it with anyone. When interacting with exchanges or swap services, verify official URLs and avoid phishing links. Since CNB has low reported liquidity and dormant trading activity, be especially cautious of price manipulation risks and only trade on reputable platforms. For long-term holding, self-custody solutions reduce reliance on third-party platforms. Regularly review wallet permissions and revoke unnecessary smart contract approvals to minimise exposure.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for CNB are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Coinsbit Token (CNB) is ₹0.002445. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated CNB to USD rate at the top of BTCC’s price page. In terms of market scope, Coinsbit Token records a 24h trading volume of ₹0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹32.544159L. Its current circulating supply stands at 133.13Cr out of a maximum supply cap of 150Cr.
The price volatility of Coinsbit Token (CNB) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (133.13Cr) to max supply (150Cr), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Coinsbit Token (CNB) hit an all-time high (ATH) of ₹0.36322 on 2020-01-09 02:10, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹0.000095 on 2024-05-21 20:15. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading CNB futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (₹0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s CNBUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Coinsbit Token, simply log into your BTCC account with USDT margin available, navigate to the CNBUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for CNBUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: ₹0.002445), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for CNBUSDT with zero financial risk.
Trading Coinsbit Token (CNB) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for CNBUSDT, and review its live price (₹0.002445) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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