CoinEx is a global cryptocurrency trading platform that provides a range of services, including spot, margin, futures, swap, and AMM trading. Established in 2017, the platform has quickly grown its user base and now offers access to 969 markets and over 500 coins. With a 24-hour value of nearly $900 million and a 30-day value of $24.3 billion, CoinEx is a popular choice for traders.
One of the platform’s key strengths is its focus on security and stability, with a self-developed trade matching engine that provides an extra layer of safety for traders. CoinEx is also committed to becoming the infrastructure of the blockchain world, and its core team members come from top finance and internet companies worldwide, adding to the platform’s credibility.
CoinEx offers a range of features that traders will appreciate, including a user-friendly interface, competitive fees, and a wide range of trading options. The platform also offers excellent customer support and provides educational resources for new and experienced traders alike. With its impressive range of services and commitment to security and stability, CoinEx is a solid choice for cryptocurrency traders looking for a reliable platform to conduct their transactions.
CoinEx Pros & Cons
Pros:
- Wide range of cryptocurrency trading services, including spot, margin, futures, swap, AMM, and more.
- Large selection of coins available for trading.
- Strong focus on security and stability, with a self-developed trade matching engine.
- Competitive trading fees, with a tiered fee structure that rewards high-volume traders.
- High liquidity, with a 24-hour value of nearly $900 million and a 30-day value of $24.3 billion.
- User-friendly interface and mobile app.
- 24/7 customer support.
Cons:
- Limited payment options for fiat deposits and withdrawals.
- Relatively new exchange, established in 2017.
- Not regulated by any major financial authorities.
- Limited availability in certain regions.
- No support for fiat trading.
Who Is CoinEx Recommended For?
CoinEx may be recommended for users who are interested in trading a wide variety of cryptocurrencies, including less popular coins. It may also be suitable for users who prefer an exchange with a high level of security and stability, and for those who are looking for advanced trading features such as margin trading and futures trading. However, it may not be the best choice for beginners who are just starting out in cryptocurrency trading, as the platform may be a bit more complex and difficult to navigate compared to some other exchanges.
Top CoinEx Features
- Multilingual Support: CoinEx offers support in fifteen language areas and is available in over 200 countries and regions, making it accessible to a global audience.
- Mobile App: CoinEx has a mobile app available for Android and iOS devices, which allows users to trade on-the-go with features such as the trade-matching engine, deposits, withdrawals, and analysis.
- Wide Asset Range: With over 500 cryptocurrencies available, CoinEx offers a diverse range of assets for traders to choose from, including more obscure coins that are not available on other exchanges.
- Promotions and Rewards: CoinEx offers various mining and airdrop promotions, giving users the opportunity to earn additional rewards for their trading activities.
- Comprehensive Website: The CoinEx website is user-friendly and informative, providing detailed information about the broker’s services and offerings. Users can also access trading directly through the website.
- Multiple Trading Options: CoinEx offers a range of trading options, including spot trading, margin trading, perpetual futures trading, and more, catering to the needs of both novice and experienced traders.
- Security and Stability: CoinEx has a self-developed trade matching engine, which provides an extra layer of security and stability for traders. Additionally, the exchange uses multi-factor authentication and cold storage to secure user funds.
CoinEx Overview
- Type of Broker: Crypto Exchange
- Regulation & Licensing: Money Services Business (USA); MSB Registration Number: 31000209902394
- Clients Accepted: from 200+ Countries/Regions
- Assets Offered: 561 Crypto Coins
- Platforms Available: Web, Mobile
- Mobile Compatibility: Android, Google Play, and iOS (coming soon)
- Payment Types Accepted: Credit/Debit Card, Simplex, Mercuryo
CoinEx Account Types
As a cryptocurrency exchange, CoinEx does not have traditional account types like a broker. Instead, users can sign up for a free account on the platform and start trading immediately. CoinEx offers a versatile collection of assets, including over 500 coins, and users can trade with up to 3x leverage. There is no minimum deposit requirement, but the amount required to start trading varies based on the coin. CoinEx charges a 0.15% taker’s fee and a 0.05% maker’s fee per trade. The platform supports up to 5 decimal pricing, and the minimum lot size per trade varies based on the coin. There is no maximum lot size per trade, and there is a demo account available for users to practice trading before using real funds. Swap/rollover-free trading and copy trading support are not available on CoinEx.
Regulation and Security
CoinEx is registered as a Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN) in the United States, with the MSB registration number 31000209902394. However, being an MSB is not the same as being a regulated exchange.
CoinEx also has several security measures in place to protect users’ assets and personal information. One of the main features is the self-developed trade matching engine, which is designed to be fast, stable, and secure. It also offers two-factor authentication (2FA), a security protocol that requires users to provide two forms of identification before they can access their account. Additionally, CoinEx uses SSL encryption to secure all data transmitted between its servers and users’ devices.
In terms of asset security, CoinEx stores the majority of its users’ assets in cold storage wallets, which are not connected to the internet and are therefore less vulnerable to hacking attempts. It also
Conclusion on CoinEx Broker
In conclusion, CoinEx is a reputable cryptocurrency exchange with a wide range of trading options, a user-friendly platform, and high-level security features. Its self-developed trade matching engine, along with its advanced trading tools, makes it an attractive choice for both novice and experienced traders. Additionally, its versatile asset collection, mobile app, and multilingual customer support make it a popular choice for users worldwide. However, the lack of regulation may be a concern for some traders. Overall, if you are looking for a reliable cryptocurrency exchange that offers a broad range of trading options and features, CoinEx may be a suitable choice for you.
I’m satisfied. Everything worked smoothly, from deposits and trades to withdrawals. My only complaint is that the interface was a bit laggy.
Cool app. I deposited, withdrew and kept over 10k$ cryptocurrency for about 5 years WITHOUT ANY PROBLEM.
Good crypto exchange. I like it.