According to its website, it claims to be regulated by multiple regulatory agencies. After checking, no matching information was found in these regulatory agencies, which proves that the company's claims need to be verified. Investors are advised to be careful and stay away. In essence, CoinB is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. CoinB appears to be a scam.