"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 around 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.
What Are CoinEx Pros and Cons?
To help you make an informed decision, let's examine the advantages and disadvantages of using this exchange. CoinEX Advantages and Disadvantages:
Pros | Cons |
Wide Selection of Cryptocurrencies (1200+) | Not Regulated by Major Financial Authorities |
Low Trading Fees, especially with CET Token Discounts | Limited Fiat Currency Support |
User-Friendly Interface for Beginners | Some Users Report Slow Customer Support |
Advanced Trading Features for Experienced Users | Not Available in Certain Countries (E.G., USA, Canada) |
High Liquidity on Major Trading Pairs | - |
No Mandatory KYC For Basic Accounts | - |
While CoinEx offers many attractive features, potential users should weigh these pros and cons carefully before deciding to use the platform.
User Levels Features
CoinEx offers 6 VIP levels that reward users based on their trading volume, total asset value, and CET (CoinEx governance 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 the CoinEx review, we discovered that they offer competitive and structured fees through their user levels that start 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)
The company offers a wide variety of smaller, community-backed altcoins that are often unavailable on other platforms.
CoinEx Regularly adds new coins driven by user voting campaigns, and they provide them in various blockchain networks (e.g., ERC-20, BEP-20).
Futures and Margin Trading
CoinEx offers advanced trading options, including futures market and margin trading, 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 for CoinEx exchange? 101 Guide!
With just an email and password, you can set up your profile, verify your email, and gain access to the exchange's dashboard. Each phase of the CoinEx registration is explained in the following sections.
#1 Open the CoinEx Registration Page
Head to the official CoinEx website and click on “Open an Account”. Enter your email address and choose a strong password that includes:
- Uppercase
- Lowercase
- Numbers
- Special characters
#2 Verify Email and Accept Terms
Click “Sign Up” to proceed. Complete the security puzzle, then enter the verification code received via email.
Confirm the code, then agree to CoinEx’s terms and select your trading experience level.
#3 Access Dashboard & Prepare for KYC
Once registered, log in to your CoinEx dashboard. To unlock full features like deposits and withdrawals, complete the KYC verification through the identity authentication section.
Platforms and Applications
CoinEX launched its mobile app in 2019 to expand its trading platforms. CoinEX Exchange Trading Platforms:
Web Platform:
- Full-featured trading interface
- Advanced charting tools
- Access to all CoinEx services
Mobile App (iOS and Android):
- User-friendly interface
- Real-time market data and alerts
- Trading on the go
API Access:
- For developers and algorithmic traders
- Supports various programming languages
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, with hot wallets for daily operations for 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 besides 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 takes 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:
- CoinEx CoinGecko: 7/10 - Indicates a reasonably reliable exchange
- Trustpilot: 2.3/5 - Some users report issues with customer service and withdrawals
CoinEx Features
The table here shows the additional features and services found on the platform:
Staking | Yes |
Yield Farming | No |
Social Trading | Yes |
Launchpool | No |
Crypto Cards | No |
Customer Support: Working Hours and Contact Info
In the CoinEx review, we discovered that they offer several support channels for users and are available 24/7: CoinEx Support Channels:
- Email: support@coinex.com
- Ticket System: Available through the website/app
- Help Center: Comprehensive FAQ and guides
Additional contact information:
- Media Inquiries: PR@coinex.com
Does CoinEx Offer Copy Trading Services and Investment Options?
CoinEx offers various investment options beyond traditional trading to help users make money and diversify 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 the 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 depending on the asset and market conditions
Restricted Countries List
CoinEx is not available in several countries due to regulatory restrictions; CoinEx prohibited countries:
- United States
- Canada (including Alberta province)
- China
- Hong Kong SAR
Users from these countries are unable to access CoinEx services, even with a VPN. It's important to check local regulations before using the platform.
CoinEx Compared to Other Exchanges
To make a fair comparison between the reviewed platform and other platforms, pay attention to this table:
Features | CoinEx Exchange | HTX Exchange | Bitget Exchange | Binance Exchange |
Number of Assets | 1,200+ | 700+ | 10000+ | 400+ |
Maximum Leverage | 100x | 1:200 | 1:125 | 1:125 |
Minimum Deposit | 0.0005 BTC | $1 | $15 | $1 |
Spot Maker Fee | 0.08% - 0.2% | From 0.02% | 0.10% | 0.02% - 0.1% |
Spot Taker Fee | 0.08% - 0.2% | From 0.02% | 0.10% | 0.04% - 0.1% |
Mandatory KYC | No | Yes | Yes | Yes |
Futures Trading | Yes | Yes | Yes | Yes |
Mobile Application | Yes | Yes | Yes | Yes |
Fiat Payment | Yes | No | Yes | Yes |
Staking | Yes | Yes | Yes | Yes |
Copy Trading | Yes | Yes | Yes | Yes |
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.