CoinEx Review 2021

CoinEx Review 2021
Davis J.
Robertson A.
January 2021

21

Position
in rating

Trading terminals:

Proprietary platform
21

Position in rating

7.65/10
Overall rating

Trading terminals:

Proprietary platform

Summary of CoinEx Trading Company Crypto Exchange

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
Attention!

We work with accounts opened exclusively through the Traders Union website.

👍 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.

Overall

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.

Visit CoinEx

Geographic Distribution of CoinEx Traders

CoinEx Latest Comments for 2021

0
0
0

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of CoinEx published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

No entries yet.

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.

Antony Robertson

Traders Union
Financial Analyst

Analysis of the Main Features of this Crypto Exchange

7.65

Overall rating

7.44

/10

Execution of orders

7.86

/10

Investment instruments

7.5

/10

Withdrawal speed

7.8

/10

Customer Support work

7.28

/10

Variety of instruments

8.02

/10

Trading platform

Dynamics of the Popularity of CoinEx
in 2020 among the Users of the Traders Union

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.
Mär.
Apr.
Mai.
Jun.
Jul.
Aug.
Sep.
Okt.
Nov.
Dez.

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 [email protected] or by the feedback form on our website. Our professional team will take you through all the intricacies of thedeal 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.

Rebate and Discount Programs of the Traders Union for CoinEx

Every trader who trades on the CoinEx exchange can save on transaction fees. To do this, you need to register on the official website of the Traders Union, get an affiliate link, follow it and register on the crypto exchange. After that you can get a rebate:

Information

40% of each of your fees will be sent to the Traders Union. It returns 80% of the amount received from the exchange to you. This allows you to gain significant savings on commission fees.

Example. You are selling Tether, one of the most popular currencies on the site. For a month of trading, you pay a fee of $100 to the crypto exchange. The exchange will return 40% of this amount to the Traders Union, or $40, and the Union will return 80% of the received amount to you, namely $32.

Try it!  Try it!

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

Proprietary platform
💻 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

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
CoinEx
$0.1
ByBit
$20
Bitfinex
$0.1
Conclusion

CoinEx crypto exchange offers spot and margin trading, as well as trading on perpetual contracts. There are tons of cryptocurrencies and tokens on the site, including its proprietary CET coin, and it is most profitable to trade with it in terms of commission fees. Particularly attractive conditions are provided for market makers and company ambassadors for large trading volumes.

Contacts

Registration address Harju maakond, Tallinn, Lasnamae linnaosa, Punane tn 6-219
Official site
Contacts

Tags:

CoinEx Exchange CoinEx

The Oldest Reviews of this Crypto Exchange

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of CoinEx published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

No entries yet.

Author of this Review

CoinEx broker’s review prepared by

John Davis

Traders Union Author and Analyst

John Davis is a Financial and Economic Analyst working with the Traders Union since 2016. During this time, he has written more than 100 analytical articles on technical and fundamental analysis, reviews of financial companies and has developed more than 10 proprietary trading systems. John's motto is to help everyone go from a novice to a professional trader.

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.

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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.

Why is it more profitable to work with CoinEx through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.

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