"Via Blockchain, Making the World a Better Place" is the CoinEX exchange slogan, which was founded in Hong Kong. CoinEX offers services in 18 languages to more than 200 countries of the world. More than 1200 currencies are available to trade in this exchange.
CoinEx Exchange Company Information & Regulation
CoinEx is a global cryptocurrency exchange platform that was founded in 2017. The company operates under the following key points:
- Headquarters: Hong Kong
- Founded: 2017
- CEO: Haipo Yang
- Parent Company: ViaBTC Group
- Regulation Status: Not regulated by any major financial authority
It's crucial to note that CoinEx operates without specific regulatory oversight. This lack of regulation means that users should exercise caution and conduct thorough research before using the platform.
Specifics Table
Let's take a closer look at the key features and specifics of the CoinEx Cryptocurrency Exchange:
Exchange | CoinEx |
Launch Date | 2017 |
Levels | VIP0, VIP1, VIP2, VIP3, VIP4, VIP5 |
Trading Fees | Starts From 0.2000% |
Supported Coins | 1200+ |
Futures Trading | Yes |
Minimum Deposit | 0.0005 BTC |
Deposit Methods | Visa, Master Card, Apple Pay, Google Pay, Bank Transfer and SEPA, BANXA, MoonPay, Advcash, Guardarian, Mercuryo, Simplex |
Withdrawal Methods | Visa, Master Card, Apple Pay, Google Pay, Bank Transfer and SEPA, BANXA, MoonPay, Advcash, Guardarian, Mercuryo, Simplex |
Maximum Leverage | 100X |
Minimum Trade amount | ≥ 5 USD |
Security Factors | Hot Wallet | Cold Wallet, Shield Fund, Security Partnerships, Expert Security Team |
Services | Copy Trading, Staking, AMM, Loans |
Customer Support Ways | Email, Ticket, Help Center |
Customer Support Hours | 24/7 |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | AL, IOC, FOK, MK |
Native Token | CET |
Restricted Countries | US, Canada, China, Hong Kong SAR |
CoinEx offers a comprehensive suite of trading options and a vast selection of cryptocurrencies, making it an attractive option for both beginners and experienced traders alike.
User Levels Features
CoinEx offers 6 VIP levels that rewards users based on their trading volume, total asset value and CET (CoinEX govenance token) holdings. CoinEx Exchange User Levels:
Level | CET Holding | Total Asset Value | Spot Trading Value (Last 30 Days) |
VIP0 | ≥ 0 CET | ≥ 0 USD | ≥ 0 USD |
VIP1 | ≥2,000 CET | ≥ 10,000 USD | ≥ 20,000 USD |
VIP2 | ≥ 10,000 CET | ≥ 50,000 USD | ≥ 100,000 USD |
VIP3 | ≥ 50,000 CET | ≥ 100,000 USD | ≥ 200,000 USD |
VIP4 | ≥ 250,000 CET | ≥ 200,000 USD | ≥ 500,000 USD |
VIP5 | ≥ 1,000,000 CET | ≥ 500,000 USD | ≥ 1,000,000 USD |
How Much Are the Fees and Commissions on CoinEx Exchange?
In CoinEx review we discovered that they offer competitive and structured fees through its user levels that starts from 0.2000% in VIP0. CoinEx Fees:
Level | Spot Fees | Spot Fees (CET Deduction) | Futures Maker Fees | Futures Taker Fees |
VIP0 | 0.2000% | 0.1600% | 0.0300% | 0.0500% |
VIP1 | 0.1800% | 0.1440% | 0.0280% | 0.0480% |
VIP2 | 0.1600% | 0.1280% | 0.0260% | 0.0460% |
VIP3 | 0.1400% | 0.1120% | 0.0240% | 0.0440% |
VIP4 | 0.1200% | 0.0960% | 0.0220% | 0.0420% |
VIP5 | 0.1000% | 0.0800% | 0.0200% | 0.0400% |
Withdrawal fees vary by cryptocurrency (e.g., 0.0005 BTC for Bitcoin) and Deposit fees are free for most cryptocurrencies.
It's worth noting that users can receive additional fee discounts by holding CET tokens and activating the "Use CET as Fees" feature.
What Coins and Assets Are Offered by CoinEx Exchange?
CoinEx boasts an impressive selection of over 1200 cryptocurrencies, including:
- Major Coins: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC);
- Stablecoins: Tether (USDT), USD Coin (USDC), Binance USD (BUSD);
- DeFi Tokens: Uniswap (UNI), Aave (AAVE), Compound (COMP);
- Meme Coins: Dogecoin (DOGE), Shiba Inu (SHIB);
- Platform-Specific Token: CoinEx Token (CET).
CoinEx Regularly adds new coins and they provide them in various blockchain networks (e.g., ERC-20, BEP-20).
Futures and Margin Trading
CoinEx offers advanced trading options for users looking to amplify their potential gains and who are risk tolerant:
Futures Trading
- 100x Maximum leverage;
- Available for major cryptocurrencies;
- Perpetual and quarterly contracts;
- Cross and isolated margin modes.
Margin Trading
- 10x Maximum leverage;
- Borrowing and lending options;
- Interest rates vary by asset.
How to Sign Up in CoinEx exchange? 101 Guide!
Getting started on CoinEx is an easy process and can be done in under 4 minutes because you don’t need to go through verification process in the basic registration:
- Visit the CoinEx website or download the mobile app;
- Click on "Sign Up"; Then enter your email address and password;
- Verify your email;
- Log In to your account;
- Account creation is complete and you can start your trading journey.
Note: While basic accounts don't require KYC, completing verification can increase withdrawal limits and unlock additional features.
CoinEx Exchange Security & Safety Measures
CoinEx implements several security measures to protect user funds and data:
- Hot and Cold Wallet System: Majority of funds stored in offline cold wallets, hot wallets for daily operations with enhanced security;
- Shield Fund: 10% of trading fees allocated to protect user assets;
- Security Partnerships: Collaboration with cybersecurity firms like SlowMist;
- Expert Security Team: Dedicated professionals monitoring the platform 24/7 with Regular security audits and upgrades.
What Payment Methods Does CoinEx Exchange Support?
CoinEx Supports 60+ fiat currencies for deposit and beside these, they offer various payment methods, which are:
- Credit/Debit Cards: Visa, Mastercard;
- Digital Wallets: Apple Pay, Google Pay;
- Bank Transfers: SEPA (for European users);
- Third-party Providers: BANXA, MoonPay, Advcash, Guardarian, Mercuryo, Simplex.
Key points of withdrawing and depositing in CoinEX:
- Minimum and maximum order limits vary by provider;
- Transaction processing typically within 30 minutes;
- No fees charged by CoinEx (fees determined by payment partners).
Trust Scores and Evaluations
This Hong Kong-based exchange received mixed reviews from various platforms such as CoinGecko and Trustpilot; CoinEX Trust Scores:
- CoinGecko: 7/10 - Indicates a reasonably reliable exchange;
- Trustpilot: 2.3/5 - Some users report issues with customer service and withdrawals;
- Investing.com: 4/5 - Generally positive assessment.
Does CoinEx Offers Copy Trading Services and Investment Options?
CoinEx offers various investment options beyond traditional trading to help users make money and diverse their ways to make money. These options provide users with diverse ways to potentially grow their crypto holdings beyond simple buy-and-hold strategies.
Copy Trading
- Follow and automatically replicate trades of successful traders;
- Ideal for beginners or those with limited time.
Staking
- Earn passive income by locking up tokens;
- Various staking options and durations available.
AMM (Automated Market Making)
- Provide liquidity to earn trading fees;
- Supported for select trading pairs.
Loans
- lend cryptocurrencies to earn money;
- Interest rates vary by asset and market conditions.
Trading Finder Writer's opinion and conclusion
CoinEx offers features like copy trading, loans and staking. It has low fees [From 0.2000%], diverse trading options [futures and margin with 100x leverage] and a governance coin called “CET”. Beyond all of these, lack of regulation is a serios concern.
