CoinEx Review 2024
Minimum
deposit:
  • $1

Trading platform:

  • Proprietary platform

CoinEx Review 2024

Updated:
Updated: March 12, 2024
Your capital is at risk.

8.6

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

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
Minimum
deposit:
  • $1

Trading platform:

  • Proprietary platform
Trading features:
  • Flexible commission system
  • has its own CET coin
  • there are no passive earning options
  • you can become an Ambassador with lucrative bonuses

Summary of CoinEx Crypto Exchange

CoinEx is one of the top cryptocurrency exchanges in the financial market with the TU Overall Score of 8.6 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. CoinEx ranks 11 among 170 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.

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.

NOTE!

If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.

Traders Union experts recommend considering Top 3 companies from our rating:

Start Trading with RoboForex
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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.

💰 Account currency: Any
🚀 Minimum deposit: Depends on the asset and type
⚖️ Leverage: no
💱 Spread: 0.2%
🔧 Instruments: Cryptos, currencies
💹 Margin Call / Stop Out: No

👍 Advantages of trading with CoinEx:

  • 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.

👎 Disadvantages of CoinEx:

  • affiliate program for ambassadors only;
  • absence of investment programs.

Evaluation of the most influential parameters of CoinEx

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

6.41

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

7.20

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

6.98

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

7.14

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

7.50

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

7.72

/10

Trade with this broker, if:

  • 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.

Do not trade with this broker, if:

  • 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.

NOTE!

Do not miss a chance to get additional monthly bonuses and payouts for trading at CoinEx cryptocurrency exchange.

Login preview

Enter the referral code when you register on the CoinEx website.

d26sp

Login preview

*TU may receive partnership reward for registration of the client on the company’s website on a referral link.

Your capital is at risk.

Geographic Distribution of CoinEx Traders

Popularity in

70.3%
IR
Iran
8.8%
US
United States
4.6%
JP
Japan
3.5%
TR
Turkey
3.4%
CO
Colombia
3.4%
IN
India
3.2%
CA
Canada
3.1%
VE
Venezuela
3%
EG
Egypt
16.7%
Others
Others

Video Review of CoinEx i

CoinEx Latest Comments for 2023 i

19 comments
Total score:
6.2 /10

Share your experience

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Nuski
6 weeks ago

I've had a mixed experience with CoinEx, but generally it was positive, thanks to its user-friendly interface, wide range of supported cryptocurrencies, and competitive trading fees. However, there is room for improvement in areas such as customer support and security, which the exchange could address to further enhance the overall user experience.

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christakc18
49 weeks ago

I have been working with this crypto broker for 7 months now. In general, I am satisfied with the work, sometimes there are problems with the site. You can ignore this. There were other options, but the choice of CoinEx turned out to be successful!

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mufasSymn
1 year ago

Quickly withdraw money, support works efficiently, always explains everything and helps. It would seem, what else is lacking for a trader? Just a license is not enough for me, without it it’s somehow restless all the same. But otherwise CoinEx is excellent. I recommend.

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AlenkiySvetochek
2 years ago

Well… Just for trading CoinEx will do. In a sense, the conditions are adequate, the commission does not look like a robbery, and the choice of tools is normal. But if you, say, want to delve into analytics, then CoinEx will no longer work. There are very few analytics. So it is only enough for beginners. With a deposit of $ 1, I think this is just the option for beginners. If anything, you can also contact support, they always answered me quickly and to the point. But you won’t get additional income in CoinEx: there are no investment offers, and the referral program, which surprised me, is only for ambassadors. And then there are the freezes. In short, it’s better not to worry and just trade, and then find a broker to invest.

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ianhollander
2 years ago

It seems to me that for those who are just starting their journey in cryptocurrency trading, CoinEx is ideal. Everything you need is here, such as an intuitive platform that does not need to be individually installed on your device, there are plenty of assets for trading, the minimum deposit is only $1, and there are basic training materials. So at least newbies will not be very busy and will learn information gradually. That's exactly how it was for me. First, I read the guides in CoinEx, then I went to look for additional information, plus I honed my skills in parallel.

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Pandega
2 years ago

This is a standard cryptocurrency exchange, so this one is a matter of personal preference. I like the CoinEx exchange trading platform, so I trade here from a laptop and smartphone. Fortunately, the mobile application is not slow. In short, the conditions here are normal. One account for everyone, and then either trade as you like, or purposefully increase the trading volume and increase your earnings. I don’t need the latter yet, but the fact that I don’t have to jump from one account to another makes me happy.

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kaze_kate
2 years ago

I heard a little about CoinEx exchange, and for a start, I decided to open accounts in different exchanges to check and choose a trading platform for myself. Here, I immediately liked that the interface is multilingual, and the support service is available at any time! These are important. It is still difficult to assess the level of commissions, but I noticed that trading through a mobile application is very convenient during work. Of course, the fact that you cannot trade passively is a significant minus, but for now, I will not draw conclusions about the exchange. I will update this review in a couple of weeks.

Expert Review of CoinEx

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.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Latest CoinEx News

17.10.2023
After crypto exchange CoinEx announced a hack on September 12 that resulted in the theft of approximately $70 million in assets, it was able to launch
18.09.2023
​Cryptocurrency exchange CoinEx has announced that it has restored more than 50% of its wallet security system after being hacked and is now preparing to
13.09.2023
​Cryptocurrency exchange CoinEx has announced that all of its clients' assets are safe and secure after reporting a hack on Tuesday."We assure all users:
17.06.2023
The New York State Attorney General's Office (NYAG) has seized $1.7 million from cryptocurrency exchange CoinEx and ordered it to cease operations because
12.06.2023
Cryptocurrency exchange CoinEx has launched a campaign to attract Hotbit clients.On May 22, the Hotbit exchange ceased operations after five years and

Dynamics of CoinEx’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets, and Products of the Crypto Exchange

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.

Important!

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.

Trading Conditions for CoinEx Users

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.

$1

Minimum
deposit

1:1

Leverage

24/7

Support

💻 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
💱 Spread: 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
Your capital is at risk.

Broker comparison table of trading instruments

CoinEx Bybit OKX XT.com Bitfinex Bithumb
Forex No No No No No No
Metalls No No No No No No
Crypto Yes Yes Yes Yes Yes Yes
CFD No No No No No No
Indexes No No No No No No
Stock No No No No No No
ETF No No No No No No
Options No No No No No No

CoinEx Commissions & Fees

Information
CoinEx's transaction fee system is based on the rank and hierarchy of users. The user's position in the hierarchy is determined by the trading volume over the last 30 days. The more trades, the higher the trading level and the lower the commission. At the initial zero levels, the maker and taker commissions are 0.2%. At the highest (fifth) level, no commission is taken from the maker, the taker commission is 0.05%. Reduced commissions are available for traders with VIP status. To obtain VIP status, high trading volumes are required using CET (platform coins). Non-VIP users can also trade CETs with reduced maker and taker fees. An additional reduction in commissions is possible upon obtaining the status of a market maker or an ambassador. The Ambassador status is assigned on an individual basis.
Account type Spread (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
CoinEx $0.1 Low
Bybit $20 High
Bitfinex $0.1 Medium
Logo CoinEx
$0.1
$20
$0.1

Contacts

Foundation date 2017
Registration address Harju maakond, Tallinn, Lasnamae linnaosa, Punane tn 6-219
Official site
Contacts
Your capital is at risk.
Disclaimer:

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.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
CoinEx Review CoinEx Review

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FAQs

Do reviews by traders influence the CoinEx rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about CoinEx you need to go to the broker's profile.

How to leave a review about CoinEx on the Traders Union website?

To leave a review about CoinEx, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about CoinEx on a non-Traders Union client?

Anyone can leave feedback about CoinEx on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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