CoinEx Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Proprietary platform
- Flexible commission system
- has its own CET coin
- there are no passive earning options
- you can become an Ambassador with lucrative bonuses
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Proprietary platform
- Flexible commission system
- has its own CET coin
- there are no passive earning options
- you can become an Ambassador with lucrative bonuses
Our Evaluation of CoinEx
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
CoinEx is one of the top cryptocurrency exchanges in the financial market with the TU Overall Score of 8.48 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by CoinEx clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company.
The CoinEx exchange is a renowned crypto exchange that is actively developing and regularly adding new cryptocurrencies and tokens into circulation. The exchange has its own coin. Commissions are below the market average because, as in most similar platforms, they depend on the trading volume. The mobile application is considered one of the most convenient. There is a detailed FAQs section with basic guides for novice crypto traders. The exchange operates under an official license.
Brief Look at CoinEx
The CoinEx exchange is a multifunctional platform that combines the functions of the cryptocurrency market and a crypto exchange. Bitcoin, Ethereum, USDT, and dozens of other cryptocurrencies and tokens are at the trader’s disposal. Assets are exchanged and traded relative to each other, and there are pairs with world currencies, the most prominent contracts are with USD. The exchange has a large trading volume, and thanks to the patented lightning-quick match engine, the company guarantees the simultaneous stability of thousands of orders, each of which is reliably protected. The site has its proprietary CET coin, which is issued daily. In addition to the web version of the trading terminal, there’s is a user-friendly mobile application. Fees are fixed and they depend on the trading level and the presence/absence of VIP status.
- large trading volumes, loads of cryptocurrencies, and tokens;
- convenient and functional mobile application;
- low fees (especially with VIP status);
- you can get the status of a market maker and an ambassador;
- legal license for digital assets;
- the company has a reserve fund;
- round-the-clock professional technical support.
- affiliate program for ambassadors only;
- absence of investment programs.
TU Expert Advice
Financial expert and analyst at Traders Union
Among the current advantages of the CoinEx crypto exchange, it’s safe to note the large trading volumes and a humongous array of assets. Having your coin is an advantage for the site, which opens up more opportunities for traders: in particular, there are unique discounts on fees, which are flexible, as on most similar platforms. It is most profitable to trade with significant turnovers.
The peculiarity of the crypto exchange is the almost complete absence of options for passive earnings, especially for newcomers who are not ambassadors of the company. The referral program is out of reach for beginners, there are no investment programs either. However, there are standard conditions for ambassadors, as for most similar affiliate programs on other exchanges.
The expert’s analysis did not reveal any technical vulnerabilities. The web version of its own trading terminal CoinEx works stably, as well as the version for smartphones. The functionality is typical, there are many settings for individualizing the main work screen. From the advantages, it’s reasonable to point out simplistic registration, basic analytics, and ease of trading. The exchange is recommended for cooperation with crypto traders of all levels.
- You're seeking a wide range of available cryptocurrencies for trading. CoinEx boasts support for over 600 cryptocurrencies and 350 trading pairs, including popular options like BTC, ETH, SOL, DOT, ADA, USDT, and USDC.
- You're interested in futures trading with competitive fees. CoinEx offers affordable trading fees for futures trading, making it an attractive option for active traders in the futures market who aim to optimize their trading costs and maximize profits.
- You prefer the convenience of trading with fiat currencies directly. Due to lack of that functionality, CoinEx may not be the ideal choice for you.
- Cost-effectiveness is a priority for you. With higher than average fees charged by the exchange, it might be wise for you to consider alternatives with lower third-party fees or direct fiat support.
CoinEx Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Proprietary platform |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Any |
| 💵 Replenishment / Withdrawal: | Bank cards and accounts, cryptocurrency wallets |
| 🚀 Minimum deposit: | Depends on the asset and type |
| ⚖️ Leverage: | no |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | zero-entry |
| 💱 Commission: | 0.2% |
| 🔧 Instruments: | Cryptos, currencies |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Not indicated |
| ⭐ Trading features: | Flexible commission system; has its own CET coin; there are no passive earning options; you can become an Ambassador with lucrative bonuses |
| 🎁 Contests and bonuses: | Not indicated |
The CoinEx exchange offers spot and margin trading, as well as perpetual contracts. The minimum deposit differs depending on the input asset, as well as the minimum withdrawal (for example, for CET it is 1 coin). Leverage is not provided, however, at high trading levels (in particular, market makers), lending is available to increase trading volumes.
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Commissions and fees
| Account type | Commission (minimum value) | Withdrawal commission |
|---|---|---|
| Standard | From 0.2% per market order | Depends on the asset |
Please bear in mind that in the corresponding section of the official website of the crypto exchange, all information on the minimum deposit and fee for withdrawal is registered. These parameters vary for each type of asset. There are no entry fees. For comparison, here are the average fees charged by CoinEx and its closest competitors:
| Broker | Average commission | Level |
|---|---|---|
|
$0.1 | |
|
$20 | |
|
$0.1 |
Investment Options
The CoinEx crypto exchange does not offer passive earning options because there are no investment programs. Traders can make money by exchanging and selling cryptocurrencies. Referral payments are provided for ambassadors.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
CoinEx’s affiliate program
The affiliate program is available only to ambassadors (partners) of the site. Please note that, unlike market maker status, ambassador status cannot be automatically obtained for significant trading volumes alone. An application must be submitted to be reviewed individually by CoinEx Exchange agents.
The requirements you need to fulfill to become an ambassador are described in detail in the corresponding section of the official website of the crypto exchange. There are a lot of advantages and bonuses for ambassadors, including referral payments for invited users. All users who came to the site using the ambassador's referral link bring him a profit expressed as a percentage of the fees for the transactions:
up to $500,000 — 40% of fees are paid;
up to $2,500,000 — 45% of fees are paid;
up to $10,000,000 — 50% of the fees are paid.
Please bear in mind that the total trading volume of all your referrals is counted, not each one individually. The referral status is unlimited. Hence, you will receive payments for all invited users while they are trading on the site. The reward is paid in USDT. If for the last 30 days the total trading volume of your referrals is less than the threshold values (specified individually), you will not receive any payments.
User Satisfaction