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Common Questions

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Getting Started

How can I get started with Coinbits?

Setting up your Coinbits account

What insurance does Prime Trust offer?

What are the Know Your Customer (KYC) requirements?

How to link a new bank account to Coinbits

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How to buy bitcoin on Coinbits

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Common Questions

Why do you only offer bitcoin, and not other cryptocurrencies?

Can I change the email address associated with my account?

Where does Coinbits get bitcoin?

What is dollar-cost averaging?

Why do people use dollar-cost averaging?

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Can Coinbits help with my taxes?

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What is Coinbits Reserve?

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How does Coinbits handle tax reporting?

Still need help?

Where does Coinbits get bitcoin?

Most of the time, we purchase bitcoin through our partner, Prime Trust.

Updated on:

December 8, 2022

Your bitcoin journey starts here.

Coinbits Inc.
344 Grove St
Unit 854
Jersey City, NJ 07302

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© 2023 Coinbits Inc.

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Bank services are provided through our banking software provider, Prime Trust.

Disclosures: All investing involves risk. Past performance does not guarantee or indicate future results. Please consider, among other important factors, your investment objectives, risk tolerance and Coinbits pricing before investing. Coinbits does not provide investment, tax, or legal advice, and you are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. Coinbits may provide educational information about Bitcoin and other digital assets in order to assist its users in learning more about the various digital assets. Information may include, but is not limited to, blog posts, articles, or videos. The information provided on the Coinbits website does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the website's content as such. Coinbits does not recommend that any digital asset should be bought, sold, or held by you. Coinbits will not be held responsible for the decisions you make to buy, sell, or hold digital assets based on the information provided by Coinbits.