Using Coinex to Simplify Crypto Trading
Key Insights from Our Review:
1. **Vast Selection of Crypto Assets**:
- Over 500 tokens and 800+ trading pairs.
- Competitive with exchanges like KuCoin, Binance, and Gate.io.
2. **Low Trading Costs**:
- Among the lowest in the industry.
- Attracts both novice and experienced traders.
3. **User-Friendly Platform**:
- Easier for beginners compared to platforms like KuCoin.
- Offers comprehensive trading options including spot, margin, futures, and swaps.
What Is CoinEx?
CoinEx is a global cryptocurrency exchange designed to simplify crypto trading. Established in December 2017 under the ViaBTC Group, CoinEx was founded by Haipo Yang and is headquartered in Hong Kong. It provides a platform for buying, selling, and exchanging crypto assets.
Growth and Reach:
- $34M daily trading volume.
- Multi-lingual services for 3 million+ users in over 200 regions.
Trading Services Offered:
- Spot, margin, futures, swap, and automated market maker (AMM) services.
- Known for inexpensive trading costs and a wide variety of accessible coins.
KYC Policy:
- Operates globally except where crypto is illegal.
About Us
CoinEx's mission is to leverage blockchain technology to make the world a better place. The ViaBTC Group, its parent company, is committed to integrity, entrepreneurship, excellence, and a win-win philosophy.
Core Team:
Vision:
CoinEx Advantages
1. **Security**:
- Multi-signature protocols, physical isolation of systems, real-time monitoring, and automatic alarm systems.
2. **Product Functionality**:
- Spot trading, contracts, margin trading, wealth management, and strategy trading.
3. **Diverse Digital Assets**:
- Supports over 800 high-quality cryptocurrency assets.
- Rigorous listing process to balance user interests and risk assessments.
4. **Market Information**:
- Real-time market monitoring and alerts for over 1,100 cryptocurrencies.
5. **Professional User Support**:
- Available in 16 languages.
- Localized services and customer care for users in over 200 countries and regions.
6. **User-Centric Education and Growth**:
- Provides education on crypto assets and blockchain technology to foster a professional community atmosphere.
CoinEx Ecosystem
1. **CoinEx Trading Platform**:
- Spot, margin, futures, and derivatives trading.
2. **CoinEx Smart Chain (CSC)**:
- Decentralized, energy-efficient, and based on the PoS consensus protocol.
3. **CoinEx Wallet**:
- Decentralized multi-cryptocurrency wallet for self-control of private keys.
4. **CoinEx Charity**:
- Non-profit organization focusing on public welfare activities.
Getting Started with CoinEx
Note the point
How do I register the CoinEx Exchange?-Only if you click on the link while registering and register through the Chrome browser will you get a benefit as referral links work and record you're registered from my affiliate link or code. After registering, you can download the app and login with the registered ID.
How to Open an Account:
1. **Visit the CoinEx Website**:
- Navigate to [CoinEx](https://www.coinex.com/en/newbie?channel=newbie&short_url=4UP9&refer_code=sx5q4).
- Click the sign-up button in the upper right corner.
2. **Enter Your Details**:
- Provide your email and set up a secure password.
- Optional referral code field available.
- Agree to the terms of service and click “sign up.”
3. **Verify Your Email**:
- Enter the email verification code sent to you.
4. **Complete Registration**:
- Once verified, log in to your trading account and start exploring.
No Mandatory KYC:
- Allows global access with simple email registration.
- Upholds privacy and decentralization ethos.
CoinEx Products & Features
1. **Extensive Coin Selection**:
- Over 700 cryptocurrencies and 1,100+ exchange markets.
2. **Spot, Margin, and Futures Trading**:
- Up to 100x leverage for experienced traders.
3. **Low Trading Fees**:
- Competitive fee structure based on VIP and Market Making Levels.
4. **Mobile App**:
- User-friendly app for trading on the go.
5. **User-Friendly Interface**:
- Easy navigation and advanced trading tools.
6. **24/7 Customer Service**:
- Support via email, ticketing system, and chatbot.
- Active social media presence for updates and support.
CoinEx Market Maker Program
Benefits:
- **Trading Benefits**:
- Special fees, exclusive withdrawal limits, and interest-free credit.
- **Service Benefits**:
- Dedicated Market Making Manager, 24/7 customer service, holiday gifts, and exclusive events.
Fiat and P2P Trading
Fiat-to-Crypto:
- Multiple payment partners like MoonPay, Banxa, and Simplex.
- Payment methods include MasterCard, Visa, SWIFT, and Bank Transfer.
P2P Trading:
- Direct buying and selling of crypto with peers.
Swap:
- Trade multiple crypto assets quickly without placing direct buy/sell orders.
Financial Services
1. **CoinEx Financial Account**:
- Earn compound interest on idle assets.
2. **Staking**:
- Earn on-chain rewards.
3. **AMM**:
- Become a market maker and earn dividends from trading fees.
4. **CoinEx Dock**:
- Support early-stage blockchain projects.
Promotions and Rewards
1. **Newbie Bonus**:
- 100 USDT bonus for new users registering in July 2024.
2. **CoinEx Tradeboard**:
- Win prizes based on trading volume and performance.
3. **Airdrop Station**:
- Free tokens for participating in quizzes and learning activities.
CoinEx Token (CET)
CET Chart with price and candles
Current Value:
- $0.0619 per CET with a market cap of $43,823,452.02.
Usage:
- Trading fee discounts, VIP services, and promotional privileges.
Repurchase and Burning:
- CoinEx repurchases and burns CET with 20% of trading fee income.
Proof of Reserve
Methodology:
- Uses the "Merkle Tree" for asset verification.
- Ensures a 100% reserve rate by comparing total user assets with on-chain addresses.
Customer Service Options
1. **Email Support**:
- Dedicated email support system.
2. **Automated Chat**:
- 24/7 chatbot for frequently asked questions and forwarding complex issues.
3. **Support Tickets**:
- In-depth help via support tickets.
4. **Social Media**:
- Updates and support on Twitter, Facebook, Instagram, and Telegram.
Ratings and Reviews
TrustPilot:
- 2.9 rating with 311 reviews.
CoinGecko:
- #30 ranking with an 8/10 trust score.
CoinMarketCap:
- #77 ranking.
CER:
- #52 ranking with a BB security rating.
Nomics:
- #65 ranking with a 5.67 impact score.
CryptoCompare:
- #80 ranking with a B rating.
Customer Feedback:
- Mixed reviews highlighting both positive aspects like low fees and diverse offerings, and negative aspects like withdrawal issues.
Conclusion
CoinEx is a competitive and user-friendly platform for both novice and experienced crypto traders, offering a vast selection of assets, low trading fees, and a comprehensive suite of trading and financial services. With a strong security infrastructure and customer support, CoinEx continues to be a reliable choice in the crypto exchange market.
For more information and to start trading, visit [CoinEx](https://www.coinex.com/register?refer_code=sx5q4).
The Trade Global Digital Coinex Exchange
None of this is financial advice. This Exchange information is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. Please be aware that all information provided is for informational purposes only and should not be considered as professional financial advice. Always consult with a qualified financial advisor before making any investment decisions.
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