CoinEx, launched in December 2017 by early Bitcoin investor Haipo Yang, is a global crypto exchange aiming to simplify crypto trading for over 4 million users across 200+ countries. Available in 15 languages, it offers spot, futures, margin trading (up to 10x leverage), AMM, crypto finance, and strategic trading, supporting 600+ cryptocurrencies including BTC and major altcoins.
CoinEx, part of the ViaBTC Group ecosystem (which includes ViaBTC Pool and Smart Chain), emphasizes user-friendliness, security (with a zero-accident record and disclosed Proof of Reserve via the “Merkle Tree” audit since 2022, maintaining a 100% reserve ratio), and fast transactions. Their ambassadors promote the exchange globally, earning up to 50% commission on referred users’ fees.
| Exchange Name | Coinex |
| Official Website | https://www.coinex.com/ |
| Year Founded | 2017 |
| Location | Hong Kong |
| Security | Financial reserves, PoR, Cold Wallet |
| Features | Financial / Staking / AMM / Loans / Spot / Futures / Copy Trading / Demo Trading / P2P Trading / Mining / Airdrop |
| Trading fees | 0.16% – 0.03% – 0.04% Fees |
| Maximum leverage | X200 |
| Download App | App Store – Google Play |
| Customer Support | Online Customer Service – Submit a request |
About CoinEx.com
Established in 2017, CoinEx presents itself as an exchange committed to leveraging blockchain technology with a “user-first” approach. Our reviews indicate that the core team of this exchange comprises experienced professionals from the internet and finance sectors, many of whom were early adopters in the cryptocurrency market. CoinEx appears to be striving to play a significant role in shaping the Web3 ecosystem through the development of key infrastructure.
This crypto exchange offers a diverse range of trading products, including spot trading, perpetual contracts, margin trading, Automated Market Maker (AMM), crypto loans, and financial management tools. CoinEx claims its goal is to create a professional and reliable trading experience for users.
Where is CoinEx located?
Founded in December 2017 with its headquarters in Hong Kong, CoinEx (COINEX TECHNOLOGY LIMITED) is a global and professional digital coin exchange service provider.
CoinEx is a no KYC exchange that serves users globally including in Europe, North America, and Australasia.
CoinEx’s Advantages:
- Security and Trust: CoinEx emphasizes the implementation of advanced security mechanisms, including multi-signature protocols and system physical isolation. These measures demonstrate their attention to the security of user assets.
- Comprehensiveness of Products: This exchange offers a wide array of trading tools that can cater to the diverse needs of traders.
- Variety of Assets: Supporting over 1000 cryptocurrencies, CoinEx provides access to a wide range of investment opportunities. Their rigorous listing process can also help in selecting high-quality assets.
- Market Information: Providing real-time market information and price alerts can assist users in making more informed decisions.
- Multilingual Support: Offering services in 18 languages and supporting users in over 200 countries indicates the exchange’s global approach. Their international support team is also committed to providing localized services.
- User Education: CoinEx’s efforts to educate users about cryptocurrencies and blockchain technology can contribute to raising the knowledge level of the crypto community.
The CoinEx Ecosystem
CoinEx introduces a developing ecosystem that includes the following:
- CoinEx Trading Platform: A platform for spot, margin, and futures trading.
- CoinEx Wallet: A decentralized wallet that allows users to manage their private keys.
- CoinEx Smart Chain (CSC): A PoS-based smart chain designed for the development of decentralized applications.
- CoinEx Charity: A blockchain-based non-profit organization focused on public welfare.
- CoinEx Explorer: A tool for browsing information on various blockchains.
Overall, CoinEx appears to be a user-centric exchange offering a wide range of services in the cryptocurrency space. Their focus on security, asset diversity, and user support can be considered strengths of this platform. However, as with any exchange, users should conduct their own thorough research and consider the associated risks before using it.
CoinEx Token (CET)
CoinEx Token (CET) has a total issuance of 10 billion units. As per its value agreement, CoinEx allocates 20% of its daily trading fee revenue towards repurchasing CET. These repurchased tokens are then permanently removed from circulation through a burning process at the end of each calendar month. This buy-back and burn mechanism is designed to continue until the total supply of CET reaches zero.
Since its initial launch, CET has been distributed and circulated through various means. These channels have included airdrops to users, global marketing promotions, incentives for the CoinEx team, and rebates on trading fees. With the ongoing implementation of the repurchase and burning mechanisms, the circulating supply of CET is expected to decrease over time. This reduction in supply is intended to increase the token’s scarcity and contribute to its long-term value.
