CoinEx: Is it a good exchange platform? Reviews and all info (2022)

CoinEx Review : CoinEx is a reputable name in the cryptocurrency industry, often seen as synonymous with access to a wide range of privacy-focused stablecoins. Offering access to spot and perpetual markets, as well as margin trading, all with low fees and excellent security, it is a one-stop platform for most crypto traders. For many, the biggest plus is the lack of mandatory KYC, but the platform offers so much more. Let's see together the various features of CoinEx in this detailed review.

Table of contents

CoinEx – The Global Cryptocurrency Exchange Platform

Web address	COIXE.com
Technical support	support@coinex.com
Headquarters	Hong Kong
daily volume	1602.4 BTC
Mobile app	Android & iOS
Is it decentralized	No
Parent company	ViaBTC
Pairs Supported	655
Token	CET
Cost	Very low

General information CoinEx

CoinEx includes all the features needed by new crypto traders and relatively experienced traders. Even experienced traders with high standards and preferring privacy will find everything they need on CoinEx. Here are some of its most notable features:

Huge selection of altcoins. Not only does CoinEx offer a wide range of different altcoins, including the different protocols they are available on, but they are constantly adding exciting new projects that go through their verification process.
Reduced fees. Not only are their fees very low, but they can also be discounted further if you hold CET, their native token, or choose it to pay your fees – these are two different discounts that can even be stacked.
High level security. The exchange uses a cold storage system of wallets, but it also informs you of everything that happens in your account, in case it is not you.
No forced KYC. All you need to enter to register with CoinEx is an email address, a strong password, and 2FA; but if you want to increase your daily withdrawal limit from $10 to $000 million, you can get verified.
Deposits and withdrawals free (or almost). Deposits are free, while withdrawals incur miner fees that depend on the blockchain in question.
Detailed help center. The exchange's support page has step-by-step guides for just about anything you may be having trouble with, and if you can't find a satisfactory answer, you can contact them directly.

Overall, CoinEx is a great choice for privacy-conscious investors, regardless of experience level. In this review, you can learn everything you need to know before signing up.

Log In｜CoinEx - www.coinex.com — Log In｜CoinEx – www.coinex.com

How to Login to Your CoinEx Account on PC

1. Go to CoinEx official website www.coinex.com, then click [Sign in] on the top right corner.

2. After entering your email account or mobile phone number and then your [Password], click [Login]. Depending on your 2FA linking tool, enter your [SMS code] or [GA code], then you are done.

How to login to your CoinEx account on Mobile?

The financial account is a product that increases the value of coins, and 70% of interest income from coins borrowed in margin trading on CoinEx will be allocated to users based on the ratio of holdings in their financial accounts. .

Log in to your CoinEx account via CoinEx App.

1. Open the CoinEx app [CoinEx App IOS] or [CoinEx App Android] you downloaded, click the profile icon in the upper left corner.

2. Click on [Please sign in]

3. Enter [your email address], enter [your password], click [Sign in].

4. Swipe to complete the puzzle

We have completed the connection.

Login to your CoinEx account via Mobile Web (H5)

1. Go to CoinEx official website www.coinex.com on your phone, then click [Log in] on the top right corner.

2. Enter [your email address], enter [your password], click [Login].

3. Swipe to complete the puzzle

4. press [send code] to receive the verification code by email in your mailbox, then fill in [verification code by email], press [send].

We have completed the connection.

What is CoinEx Token?

CoinEx is a global digital currency trading platform, founded in December 2017. The platform today offers spot trading, perpetual contracts, margin trading, mining, SMA, and other forms of trading. It supports 20 languages. CoinEx is highly praised by its more than 2 million users in over 100 countries and regions thanks to its stable and fast performance and smooth deposit and withdrawal experience. The company is constantly striving to build a comprehensive, stable and long-term service ecosystem.

The CoinEx Token (CET) is the native token of the CoinEx exchange and ecosystem. CET is issued on Ethereum and circulates through airdrop bounties, transaction fee discounts, promotions, and team unlocks. CoinEx claims to redeem and burn CET daily with 50% of its transaction fee revenue, and burn all redeemed CET monthly at the end of each month until the total supply of CET is reduced to 3 billion.

In March 2021, when the 3 billion target was reached, CoinEx made the decision to use 20% of its commission income to buy back and burn CETs until they were completely burned.

If you want to buy CoinEx (CET) tokens, you will need to own either bitcoin (BTC) or ethereum (ETH) for trading purposes. Each platform offers a different process. Some platforms are very easy to use, others not so much. In general, buying cryptocurrencies with a reliable currency like the US dollar will be easier than with another cryptocurrency.

If you need to buy CoinEx Token with another cryptocurrency, you must first create a cryptocurrency wallet that supports CoinEx Token, then buy the first currency and use it to buy CoinEx Token on your chosen platform.

CoinEx Exchange Fees

Withdrawal transactions to crypto addresses outside of CoinEx usually incurs “transaction fees” or “network fees”. These fees are not paid to CoinEx but to miners or validators, who are responsible for processing transactions and securing the respective blockchain network. CoinEx must pay these fees to miners to ensure transactions are processed.

CoinEx Withdrawal Fees

CoinEx withdrawal fees are dynamic, you will be charged based on the current network conditions. The fee amount is based on an estimate of network transaction fees and may fluctuate without notice due to factors such as network congestion. Please check the most recent fees listed on each withdrawal page.

CoinEx deposit fees?

CoinEx deposit fees are free for cryptocurrencies. Your transaction will be credited to your account when it has reached the minimum number of confirmations on the blockchain. This amount is different for each currency and can be changed at any time, depending on the stability of the network, the health of the wallets and several other factors.

The speed at which a transaction receives confirmations depends on various aspects, including the mining speed of subsequent blocks and the amount of transaction fees.

Minimum withdrawal amount on CoinEx

There is a minimum amount for each withdrawal request. If the amount is too low, you will not be able to request a withdrawal. You can refer to the Deposit and Withdrawal Fees page to check the minimum withdrawal amount and transaction fees of each cryptocurrency. However, please note that fees may change without notice due to unpredictable factors, such as network congestion.

Please ensure you are selecting the correct network. If the address you are withdrawing to is an ERC20 (Ethereum blockchain) address, you must select the ERC20 option before withdrawing. DO NOT select the cheapest fee option. You must select the network that is compatible with the withdrawal address. If you select the wrong network, you will lose your funds.

CoinEx Trading Fees

The maker and taker model is a way of differentiating fees between trade orders that provide liquidity (“maker orders”) and those that take it away (“taker orders”). “Maker” and “taker” type transaction orders are subject to different fees.

The maker fee is paid when you add liquidity to our order book by placing a limit order below the ticker price to buy, and above the ticker price to sell.
The holding charge is paid when you withdraw cash from our order book by placing an order which is executed against an order on the order book.

CoinEx trading fees are 0,2% for the maker and 0,2% for the taker. For more details, see the table below

Level	30-day trading volume (USD)	Maker Fee	taker fees	Maker (Hold CET)	Taker (Hold CET)
0	0 ≥	0.2000%	0.2000%	0.1400%	0.1400%
1	5,000,000 ≥	0.0400%	0.0900%	0.0280%	0.0630%
2	10,000,000 ≥	0.0300%	0.0800%	0.0210%	0.0560%
3	20,000,000 ≥	0.0200%	0.0700%	0.0140%	0.0490%
4	50,000,000 ≥	0.0100%	0.0600%	0.0070%	0.0420%
5	100,000,000 ≥	0.0000%	0.0500%	0.0000%	0.0350%

CoinEx Fees 2022

Does CoinEx have KYC

CoinEx is a no-KYC exchange which offers spot and margin trading, as well as trading on perpetual contracts. There are tons of cryptocurrencies and tokens on the site, including its unique CET coin. There are advantages to using this coin when trading in terms of commission fees. When using CoinEx, attractive conditions are provided for large trading volumes.

Is the CoinEx app safe

Since the CoinEx platform is relatively new and no hacking attempts have taken place so far, it can be considered safe. Even though the exchange does not offer advanced security features (like IP monitoring), it offers the standard 2FA option to protect client funds.

CoinEx Opinions and Reviews

CoinEx is a great place to trade cryptocurrencies for people looking for a solid spot trading market with the option to choose perpetual futures and margin trading for more experienced investors. The number of supported Tokens is immense and continues to grow steadily, which means that you will be able to find an excellent selection of low cap altcoins on this platform. The exchange is particularly well suited to users who prefer to maintain their privacy.

[Total: 65 Mean: 4.9]