CoinEx vs Binance: Fees, Coins, Safety Comparison
| Feature | CoinEx | Binance |
|---|---|---|
Overall |
4.4 |
4.8 |
4.7 |
4.5 |
|
4.4 |
4.8 |
|
5 |
5.0 |
|
Investment Instruments |
1 |
4.7 |
Platforms and Charting Tools |
4.8 |
4.9 |
Deposit and Withdrawal |
4.6 |
4.7 |
Research |
5 |
4.6 |
Education |
4.8 |
4.8 |
Support |
4.7 |
4.8 |
Bonuses |
5 |
4.2 |
|
Your capital is at risk.
|
Your capital is at risk.
|
CoinEx vs Binance: Pros and Cons
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.
The Binance exchange is one of the largest cryptocurrency exchanges in the world with its headquarters in Hong Kong. According to the CoinMarketCap cryptocurrency portal, Binance holds the top spot in terms of aggregate indicators of the platform's daily turnover, the number of novices and active users, liquidity, and web traffic (ranking, queries, statistics in search engines, etc.). The exchange is also a cryptocurrency startup that has its own “native asset” used in the Binance ecosystem as the “basis gas” (payment internal unit).
| CoinEx | Binance | |
|---|---|---|
| Overall Pros | large trading volumes, loads of cryptocurrencies, and tokens; | Trading With Leverage up to 1:100 |
| convenient and functional mobile application; | Low Trading and Non-Trading Fees | |
| low fees (especially with VIP status); | 10+ Account Fiat Currencies + 50 Crypto | |
| you can get the status of a market maker and an ambassador; | Derivatives, NFT, ETF are Available | |
| Indicators are Available | ||
| ViaBTC investmen platform | Passive Income With Staking and Mining Pool | |
| DEX exchange is supported | Strong Research | |
| round-the-clock professional technical support. | ||
| regulated crypto exchange | ||
| 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; | ||
| Overall Cons | affiliate program for ambassadors only | No tier-1 regulation |
| absence of investment programs | ||
CoinEx vs Binance: Safety and Regulation
| Regulated By: | CoinEx | Binance |
|---|---|---|
Government-regulated |
No |
Yes |
U.S Regulated |
No |
No |
FCA U.K Regulated |
No |
No |
Germany Regulated |
No |
No |
AMF in France Regulated |
No |
Yes |
Spain Regulated |
No |
Yes |
DFSA in UAE |
No |
No |
Singapore Regulated |
No |
No |
Australia Regulated |
No |
Yes |
Seychelles Regulated |
No |
No |
Other countries |
OAM (Italy), FIU (Lithuania), Swedish Financial Supervisory Authority, Bank of Spain, AFSA (Kazakhstan), CASP (Bahrain), VARA (Dubai), FIU-IND (India), Bappebti (Indonesia), JFSA (Japan), FSP (New Zealand), Securities and Exchange Commission of Thailand, DASP (El Salvador), CNV (Argentina) |
CoinEx vs Binance: Trading Conditions
| Trading Conditions | CoinEx | Binance |
|---|---|---|
Minimum deposit, USD or USDT |
10 |
0 |
Futures leverage |
100 |
100 |
Spot leverage |
3 |
10 |
Supported Coins |
1010 |
415 |
Trading platform |
||
DFSA in UAE |
||
P2P |
1 |
1 |
Perpetual contracts |
1 |
1 |
CoinEx vs Binance: Fees
| Fee | CoinEx | Binance |
|---|---|---|
Spot Taker fee |
0,2 |
0,1 |
Spot Maker fee |
0,2 |
0,1 |
Futures Taker fee |
0,05 |
0,05 |
Futures Maker fee |
0,03 |
0,02 |
Deposit fee |
No |
No |
Withdrawal fee |
0,0001 BTC 0,00048 ETH 1,7 USDT (TRC20) |
0-3,5% |
P2P taker fee |
No |
0,1 |
P2P fee rate, maker fee |
No |
0,1 |
CoinEx vs Binance: Trading Assets
| Asset Name | CoinEx | Binance |
|---|---|---|
Coins Supported |
1010 |
415 |
P2P |
Yes |
Yes |
Perpetual contracts |
Yes |
Yes |
NFT |
Yes |
Yes |
Crypto Options |
No |
Yes |
Futures |
Yes |
Yes |
CoinEx or Binance: Investment Programs
| Asset Name | CoinEx | Binance |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
Yes |
Yield farming |
Yes |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: Binance or CoinEx
| CoinEx | Binance | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: Binance or CoinEx
| CoinEx | Binance | |
|---|---|---|
SMS Based 2 FA |
Yes |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Binance or CoinEx
| CoinEx | Binance | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Binance or CoinEx
| CoinEx | Binance | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Binance or CoinEx
| CoinEx | Binance | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
Yes |
CoinEx vs Binance: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | CoinEx | Binance |
|---|---|---|
Bank Transfer |
Yes (Only deposit) |
Yes |
Credit/Debit Card |
Yes (Only deposit) |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
CoinEx vs Binance: Research
| Research Type | CoinEx | Binance |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
Yes |
CoinEx vs Binance: Education
| Education Type | CoinEx | Binance |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
Binance vs CoinEx: Support
| Support Features | CoinEx | Binance |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
Telegram |
CoinEx vs Binance: Crypto Bonuses and Promo
| Promo | CoinEx | Binance |
|---|---|---|
Crypto Bonus |
Learn crypto and Earn it |
No |
Affiliate Program |
The affiliate program is available only to ambassadors (partners) of the site. 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. |
40% of the partner's trading commissions |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on Binance
-
Comment
Prefer using Binance because of their low fees. They are the catalyst of low trading costs at a time users are sick of getting burned by high trading fees on platforms like Coinbase. I remember clearly that upon its entry in the market, these platforms all raced to lower their fees because of knowing they will clearly lose market share to this newcomer. Binance has had a 0.1% spot trading fee since the beginning. Because it’s low I never bothered to check if they charge the exact amount in all of my trades, in small or big amounts. I just know that they always offer the best prices for the assets that I trade (I only trade in the spot market) and have an extensive list of tradable tokens. Cheap + flexible… the best one in the crypto market yet.
-
Comment
I like Binance’s trading terminal. It is modern, sleek, and shows relevant information you need for your trades spot on. At the same time, it is not intimidating to navigate around which is a common problem for crypto platforms that prioritize a modem vibe in their UI. It instantly shows the summary of my crypto portfolio, the distribution between assets and the amount, and has the daily PnL (profit and loss) record for the day. This way it is so easy to track which assets performed well in the last 24 hours and which ones lagged behind. I like to hold only a handful of assets for easy traceability of my wins. But even when I add a couple more, it is still uncomplicated to make sense of my stats. Love that crypto is now in a rollercoaster that only goes up and seeing all those greens in my portfolio gives me a great sense of motivation.
-
Comment
Binance has been super flexible when it comes to payment methods. It offers the usual mediums like bank deposit, debit card/credit card, crypto deposit, while also supporting newer ones like my favorite e-wallet. Integrating my e-wallet with my Binance account made all the withdrawals instant whenever I sell USDT in the P2P marketplace. The conversion rate is also attractive, making this method favorable to those who are frequently buying and selling on the platform. I withdraw money from them at least once a month and never experience delays. On a side note, I always use the same e-wallet account and had not tried doing it using bank transfers because of fees associated with doing so. There is no fee on this method so I prefer to use it over others.
-
Comment
Despite the growing number of reported hacks in the crypto space, I never once felt worried about using Binance as my crypto exchange. They have the most extensive security verification methods, and this makes me feel that trusting my funds with them is one of the best decisions I’ve made. Earlier this year I lost my phone number to which my Binance acct was connected and got very worried that my funds will be compromised. Turns out, it was easy to replace my old contact info with my new number, and they also suggested that I activate my 2-factor authentication for an extra layer of protection. I have also recently activated my passkeys for added security. All these years, Binance has been nothing but a trustworthy platform to me. I only trade crypto with them and nowhere else.
-
Comment
I created my account with Binance four years ago. It was during the middle of the crypto boom. I thought it was just a phase and would completely forget about it after the pandemic. But it turns out it is not :D. I still actively trade with the same account. Probably what made me stay is the ease of use, either when I am trading with the website or through the Binance app. Features in both platforms are easy to understand and use. I never had to consult YouTube videos as I normally do with my other brokerage accounts to figure out how a certain tool/button works. What you see is what you get. Never had issues with order execution, deposits, and withdrawals either which made the overall trading experience an excellent one all these years. I think Binance took over the crypto market easily for the same reason. It sold us the idea that trading is easy after all.
Top 5 Reviews on CoinEx
-
Comment
This exchange is in the TOP 60 best platforms for derivatives trading on CoinMarketCap, so it can be trusted. I liked the successful combination of trading tools. Things didn’t work out with top exchanges for me – I simply got confused by the functionality. Some bipolar investments, launch pools... I could have figured it out, but why bother when it’s easier to choose a simpler exchange that perfectly suits my needs? At least I won’t worry about accidentally clicking something wrong. CoinEx has a platform for direct spot trading, mining for fun, staking for passive investing of idle coins, and lending. Everything is extremely simple – even a beginner can figure it out in a couple of hours!
-
Comment
My review is positive. I chose this exchange for two reasons. Regulators are actively limiting major exchanges right now, and there are even rumors of a potential artificial bankruptcy of Binance. What’s the point of taking risks when there are second-tier exchanges like CoinEx, which are simple to manage? It has a straightforward interface and a transparent trade copying service – none of the unrealistic profit percentages that many platforms like to advertise. But there is a nuance: this platform is exclusively for active trading in spot or derivatives. The P2P service practically doesn’t work due to low liquidity, so there’s no point in using the exchange for transaction optimization or earning from the listing of new coins.
-
Comment
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.
-
Comment
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!
-
Comment
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.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.