Since its establishment in 2017, CoinEx has been providing global cryptocurrency trading services, including spot, margin, futures, swap, AMM, and more. Its core team members come from top-notch finance and internet companies around the world, and are constantly growing. CoinEx has access to 969 markets, and it offers over 500 coins for its users. Its 24-hour value is nearly $900 million, and its 30-day value is $24.3 billion.
Aiming to become the infrastructure of blockchain world, the brand prides itself on security and stability, as it has a self-developed trade matching engine that provides an extra layer of safety for traders. That is far from the only feature to love with CoinEx, as you’ll see in this article. This exchange brings a lot to the table.
Pros and Cons
Pros
- Wide Asset Range
- Big Liquidity Pools
- Spot, Margin, Futures Trading Available
- Low Trading Fees
Cons
- Limited Payment Options
- A Few TrustPilot Reviews Said That There Were Platform Delays
Recommended For
CoinEx is built for all levels of cryptocurrency traders. Whether you are experienced or relatively new, its simple yet all-around interface makes crypto trading easier. If you’re willing to go the extra mile to advance your crypto knowledge, you’ll like the innovative features CoinEx has to offer.
Top Features
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Multilingual Support. Because CoinEx has a global operations team, it covers fifteen language areas in more than 200+ countries and regions. The multilingual customer support is one of its best features as, with other exchanges, that option is sometimes limited.
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App Available. There is a mobile app available for Android and Google phones as well as iOS is available on Apple Store soon. The app comes with the trade-matching engine, as well as deposits, withdrawals, analysis, and more. You can trade crypto on-the-go with this versatile mobile option.
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Wide Asset Range. There are a lot of coins out there, and CoinEx has a versatile range of more than 500 offerings. Traders who want to trade something new or obscure will enjoy what CoinEx has access to.
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Promotions Available. There are different mining and airdrop promotions available with this broker. Each promo has its own rules and regulations, and you have to act quickly, as they don’t last forever.
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Comprehensive Website. The CoinEx website is comprehensive, telling you all you need to know about the broker. You can access trading through the website, which is more convenient than having to download a separate application.
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Many Options. There is something for everyone with CoinEx. This crypto exchange has a great spot trading market, and more experienced investors can choose margin and perpetual futures trading, if they wish.
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
Account Types
CoinEx Account |
|
Features |
Versatile Asset Collection, App Available |
Account Currencies |
USD, EUR, RUB |
Available Leverage |
2BTC to borrow with 3X leverage |
Minimum Deposit |
Varies Based On Coin |
Starting Spreads |
N/A |
Commission Per Trade |
0.15% Taker’s Fee, 0.05% Maker’s Fee |
Decimal Pricing |
Up to 5 |
Trading Instruments |
561 Coins |
Min. Lot Size Per Trade |
Varies |
Max Lot Size Per Trade |
N/A |
Demo Account |
Yes |
Swap/Rollover Free |
N/A |
Copy Trading Support |
Compliance & Regulation
CoinEx is regulated by the Money Services Business in the U.S.A. Its MSB Registration Number is 31000209902394.
Reliability & Security
The security features at CoinEx are impressive. Crypto trading is volatile, and there is no sure guarantee that you will make money. Because of this insecurity, traders often appreciate an exchange that goes the extra mile for security. Security features indicate reliability. Here are just some of the security features CoinEx has put in place:
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100% Reserves. CoinEx will not use your coins anywhere else. Also, withdrawals will be 100% processed in a timely fashion.
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High-Speed Proprietary Matching Engine. This processor can process up to 10,000 transactions a second. CoinEx ensures that this will be a stable, reliable system to properly handle all orders.
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HTTPS/2-Factor Authentication. This dual protection ensures asset safety and full-dimension protection.
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IP Monitor. This monitors abnormal changes. For example, if your IP address changes a lot during a short period of time, CoinEx will send you SMS or Email alarm notifications, just to let you know in case you weren’t making these changes and your account was hacked.
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Real-Time Alerts. When your withdrawal/deposit is on the blockchain, CoinEx will send you Email or SMS notifications so that you can track the assets in real time.
User Experience
To source user experience, sometimes it is helpful to see what aggregate websites say. These sites take star ratings from CoinEx users come up with an average. Judging from the star ratings, CoinEx has done above-average, as far as user experience goes. Crypt News described CoinEx as an “excellent” exchange with a “strong spot trading market.” Here are some reviews:
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Fool: 3/5
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CryptoWisser: 3.3/5
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Revain: 3.7/5
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Nomics: 5/5
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Google Play (App Review): 4.7/5
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Facebook: 4.7/5
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TrustPilot: 3.9/5
Final Thoughts
Overall, CoinEx is a great exchange. The innovative features that they bring to the table, as well as the wide asset range, indicate a platform that is genuinely interested in its traders’ experience. Plus, they have some of the lowest fees in the industry right now, and you can’t beat that.
Contact Info
Unit 3A, 12/F, Kaiser Centre, No. 18 Centre Street, Sai Ying Pun, Hong Kong
FAQs
Q: How do I sign up?
A: To sign up, go to https://www.coinex.com/. On the right-hand side, you’ll see a green bar with the words “SIGN UP” in it. Click on that button to engage in the verification process.
Q: Are there any educational resources?
A: Yes, you can find several dozen “How-To” articles on https://support.coinex.com/hc/en-us/categories/900000217326, the beginners’ guides are not overly-informative about the industry itself.
Q: How do I contact CoinEx?
A: It appears that the best way to contact this exchange is by going to https://support.coinex.com/hc/en-us/requests/new and submitting a request. The request should include the email with which you’ve registered with CoinEx.