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 |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
Estonian Financial Intelligence Unit (FIU). |
Registered as Digital Asset Service Provider (DASP) by Autorité des marchés financiers (AMF) |
CoinEx vs Binance: Trading Conditions
| Trading Conditions | CoinEx | Binance |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
CoinEx |
Binance |
Max Leverage (Futures) |
44562 |
1-100 |
Number of Markets |
1007+ |
1.358 |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies, fiat currencies |
USD, EUR, GBP +10 fiat currencies, 50+ Cryptocurrencies |
CoinEx vs Binance: Fees
Trading Fees
| Fee | CoinEx | Binance |
|---|---|---|
Max Maker |
0.2% |
0.1% |
Max Taker |
0.2% |
0.1% |
Min Maker |
0 |
0.012% |
Min Taker |
0.04% |
0.024% |
Debit/Credit Card Purchase Fee |
0 |
0.01 |
Futures Trading fees
| Fee | CoinEx | Binance |
|---|---|---|
Max Maker |
0.03% |
0.02% |
Max Taker |
0.05% |
0.04% |
Min Maker |
-0.0150% |
0 |
Min Taker |
0.0250% |
0 |
Non-Trading Fees
| Fee | CoinEx | Binance |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
Not supported |
1.5 USD |
Debit/Credit Card Withdrawal Fee |
Not supported |
0.0001 |
BTC Withdrawal Fee |
0.0001 BTC |
0.0001 BTC |
Inactivity Fee |
No |
No |
CoinEx vs Binance: Trading Assets
| Asset Name | CoinEx | Binance |
|---|---|---|
Overall |
594+ |
396+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
Yes |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
Yes |
NFT |
Yes |
Yes |
Crypto ETF |
No |
Yes |
CoinEx or Binance: Investment Programs
| Asset Name | CoinEx | Binance |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
Yes |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
No |
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
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.
-
Comment
My experience with Binance has been predominantly positive. The platform's extensive cryptocurrency offerings, user-friendly interface, advanced trading features, and commitment to security make it a compelling choice for both novice and experienced traders alike.
-
Comment
Binance is the best cryptocurrency exchange for me. There is a very rich selection of cryptocurrency pairs, and many new tokens are added. The crypto rate is market-based, I checked with different exchanges, there is no big difference. With Binance, you can get a good return. I recommend the exchange.
-
Comment
I chose Binance for a reason. I have long been interested in P2P trading, and Binance, as far as I know, is one of the few exchanges where this way of earning is available. I myself, of course, also trade, but I get the main income precisely through P2P. And it cannot be said that I would recommend Binance for trading. The company is not bad, but there are nuances: my terminal hung up a couple of times, well, I spent time going through verification, be healthy. But the commissions are low, and the deposit requirements are minimal, so there are plenty of traders here, especially beginners. What sets Binance apart from most exchanges is that a cold wallet is available, but given how often exchange accounts get hacked… I would think so.
Top 5 Reviews on CoinEx
-
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.
-
Comment
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.
-
Comment
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.
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.
The area of responsibility of Mikhail includes covering the news of currency and stock markets, fact checking, updating and editing the content published on the Traders Union website. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Mikhail generates content that provides full contact with the readers.
Mikhail’s motto: Learn something new and share your experience – never stop!
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.
Olga has extensive experience in writing and editing articles about the specifics of working in the Forex market, cryptocurrency market, stock exchanges and also in the segment of financial investment in general. This level of expertise allows Olga to create unique and comprehensive articles, describing complex investment mechanisms in a simple and accessible way for traders of any level.
Olga’s motto: Do well and you’ll be well!