CoinEx Exchange Review
CoinEx is a centralized exchange that occupies #123 on Guru InvestingExchange Tracker. CoinEx has trading volume US$50,361,863 in the last 24 hours and US$15,886,901,825 in the last 7 days.
CoinEx currently has 864 cryptocurrencies, 0 paper currencies and 1218 markets (cryptocurrency trading pairs). The most popular trading pair on CoinEx is BTC/USDT.
Compare CoinEx next to other exchanges here: Exchange comparison tool.
CoinEx is a centralized exchange (CEX) platform based in Hong Kong. This cryptocurrency exchange was founded in 2017 and provides users with access to spot, margin, futures, swap, AMM and other trading services.
The CoinEx cryptocurrency exchange has KYC This is a requirement, but it is only mandatory for users who want to perform larger transactions that exceed the pre-verification limit. CoinEx is available in over 200 countries, making it one of the least restricted exchanges in the industry. Users can access the CoinEx platform on both desktop and mobile devices (iOS and Android).
Markets
CoinEx cryptocurrency exchange supports both crypto-crypto and crypto-fiat trade. There are more 600 different cryptocurrencies and 11 different fiat currencies. listed on the stock exchange. The platform also provides users with leverage and margin.
CET is the native token of the CoinEx platform. This token was released in 2018 on the Ethereum network. It has since been moved to CoinEx smart chain. Holders of this token can benefit from reduced fees and access to other rewards on the platform. CET was issued through giveaways, discounts, promotions and other transactions.
CoinEx deposit and withdrawal fees depend on CoinEx trading pairs, CoinEx trading volume, and the main network used in the transaction. Depositing for most coins is free as long as you meet the minimum deposit requirements. The fee for withdrawing cryptocurrency varies and is 0.00021% for BTC and 0.00054 for ETH. Daily interest rates also vary depending on your VIP level.
other services
Apart from trading, the platform offers various features. Below are the main ones.
CoinEx Ambassador The program allows users to earn rewards by promoting CoinEx around the world on a monthly basis. If the trading volume of the users you attract exceeds 500 thousand US dollars, you can earn 40% in USDT. Gold status requires trading volume to be greater than $1 million at 45% USDT. Likewise, Diamond status requires trading volume to exceed $5 million at 50% USDT.
CoinEx Partner The program allows users to become part of the CoinEx team. Users can apply for various open positions on the platform and participate in the daily operations and advertising of the cryptocurrency exchange. CoinEx accepts candidates from all over the world.
Charitable organization CoinEx was founded in 2022 and provides humanitarian assistance to poor and disaster-stricken regions around the world. Crypto exchange CoinEx is committed to using blockchain technology to make the world a better place. To date, they have donated over $238,000 to 19 different regions.
Market maker CoinEx The program allows users who trade using the API and have a monthly trading volume of more than $5 million to become market makers on the platform. To maintain market maker status, market makers will have to maintain trading volume for two consecutive months.
About company
CoinEx was founded in 2017 and is a professional global cryptocurrency exchange platform. It was founded under ViaBTS Group headed by Hypo Yang, who has the status of the founder of the platform. Ian was introduced to BTC in 2011 and has been working in the industry ever since.
Since its inception, CoinEx has not suffered any privacy breach and has not been the victim of any downtime or hacking. They have several security measures installed such as two-factor authenticationHTTPS protocol and cold wallet storage.
CoinEx related pages
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
