CoinEx Review Complete Exchange Review 2023

coincpex

CDNX is the only exchange with U.S. paper money listed by Friedberg number. Our unique platform offers auction records and Greensheet values to help you make buying decisions. Adnan is a crypto enthusiast who is always keeping an eye on the latest developments in the crypto ecosystem. He is an environmental engineer working on his MBA and has been following innovations in FinTech for several years.

It aims to provide more comprehensive and satisfying crypto ecosystem services for global users. CoinCodex tracks 37,000+ cryptocurrencies on 200+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. All core trading features found on the website, like placing orders and viewing charts and balances, are easily accessible from the app.

coincpex

CoinEx strives to keep fees and requirements low in order to appeal to both beginner and experienced traders. The exchange also issues its own token, called CET, which can be used to lower trading fees. CoinEx features dedicated sections for BTC and stablecoins, as coincpex well as access to over 600 premium and innovative cryptos. Available in multiple languages, CoinEx has always put users first and aims to provide pleasant crypto trading experiences for users as their gateway to the crypto world.

Additionally, the exchange offers over 110 futures markets where users can access CoinEx’s easy, convenient futures trading services. In 2022, CoinEx launched the “Merkle Tree” audit method as Proof of Reserve, becoming one of the earliest crypto trading platforms to disclose such proof of reserve. Committed to its bottom line of security and transparency, the exchange has lived up to its commitment to a 100% reserve ratio. On this secure, transparent crypto exchange, users’ assets are never misused for any reason whatsoever, and all withdrawal requests are promptly processed. Within a few short years, the exchange has grown to handle around $200 million in daily volume across its markets.

  1. Trading fees on CoinEx range from 0.1% to 0.2% depending on the 30-day trade volume or if fees are paid using CET tokens.
  2. Only CNDX offers you this critical pricing as part of the basic membership plan.
  3. Few serious complaints exist about the exchange’s matching engines or trade executions.
  4. While not one of the biggest exchanges by volume, CoinEx strives to offer traders an easy-to-use experience with low fees.

Is CoinEx a good exchange?

While not one of the biggest exchanges by volume, CoinEx strives to offer traders an easy-to-use experience with low fees. The exchange employs a matching engine capable of processing millions of orders per second to keep trades executing smoothly. Basic order types like market, limit, and stop-limit orders are available from both the web and native mobile interfaces. Withdrawal fees on CoinEx range from $1 up to roughly $20 or more, depending on the cryptocurrency being withdrawn. Specific on-chain token withdrawal costs are clearly listed on the exchange’s withdrawal page. Yes, CoinEx has registered with proper financial authorities where required and appears to handle funds securely using best practices in crypto security.

Who is the CoinEx founder?

Interface navigation is clean and intuitive for carrying out trades on the go. More than 250 coins are listed on CoinEx for trading, including major names like Bitcoin, Ethereum, Litecoin, and XRP. Coins can be traded against Tether (USDT) or against each other in pairs like ETH/BTC. If you are hesitant about giving CoinEx a try due to its recent security problems, consider checking out our selection of the safest cryptocurrency exchanges. While US residents can access and trade on CoinEx, the exchange does not actively target or market to those in America presently due to regulatory complexity.

Is it possible to use margin/futures trading on CoinEx?

If, after you finish this review, you decide that CoinEx is not the right choice for you, check KuCoin, one of the best crypto exchanges in the market today. KuCoin has been around since 2017 and facilitates over $150 million in daily trading volume across its vast array of listed cryptocurrencies. Furthermore, KuCoin is running a special $3,200 promotion for new users, which is an excellent way to jumpstart your trading experience. CoinEx offers a reasonable all-inclusive experience for active cryptocurrency traders.

The exchange supports over 250 coins, provides basic yet effective order types and tools, and maintains competitive fees. Areas that could still improve, like customer support response times, have shown signs of enhancement over time as well. CoinEx is a global crypto exchange committed to making crypto trading easier. CoinEx provides easy-to-use, secure, and reliable crypto trading services for more than 4 million users in over 200 countries and regions.

Adnan produces written content to review crypto projects and support the crypto community. The exchange has an international user base, but certain limitations apply based on user location, like for those residing in the United States. CoinEx employs bank-level multi-signature security with private keys fragmented across geographically separated servers to keep funds safe in cold storage. The exchange also holds regular security assessments and maintains insurance.

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