YEX Review 2026
Learn more about TU’s methodology
- $5
- Web platform
- Mobile application
- Costa Rica and Panama
- Copy trading and grid trading with bots are available, a fixed commission rate for both Taker and Maker, and passive income tools
Our Evaluation of YEX
Learn more about TU’s methodology
YEX is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.87 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by YEX clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
How we tested YEX
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at YEX
YEX is a platform for buying cryptocurrencies with 14 fiat currencies, spot trading, instant conversion of more than 110 digital coins, futures trading, and P2P exchange. It supports copy trading, automated trading using ready-made strategies and AI bots, and passive income through staking with flexible and fixed terms. YEX provides bonuses and rewards for completing tasks within its crypto ecosystem, along with affiliate programs and trading competitions with rewards paid in USDT. YEX EXCHANGE SRL is registered in Costa Rica and Panama and says it complies with applicable local regulations and requirements. The platform uses security protocols and encryption to protect user assets and personal data.
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- A broad set of services including spot trading, perpetual futures, margin trading, and swap exchange.
- Web trading platforms based on TradingView for Spot, Advanced, and Futures, as well as mobile applications.
- Buying and selling cryptocurrencies with fiat through third-party services.
- Tools for earning passive income such as staking, copy trading, and an affiliate program.
- Low minimum deposit requirements for a spot account starting from 5 USDT.
- Online chat on the YEX website with access to a bot and live support agents.
- Registration in jurisdictions with relatively soft requirements. Costa Rica and Panama are less strict toward financial companies than the EU, the U.S., the U.K., or the UAE.
- The minimum amount for buying cryptocurrency is $50 or EUR 30, which may be inconvenient for beginners.
- Periodic freezes of the web interface for spot trading.
TU Expert Verdict
Chief Analytics Officer
YEX is a cryptocurrency exchange offering spot trading, perpetual futures with leverage up to 1:150, a suite of passive income tools, and support for more than 500 coins. The platform provides web and mobile applications, enables the purchase and sale of cryptocurrencies using 14 fiat currencies through third-party providers, and supports staking, grid trading bots, and copy trading. With a low minimum deposit of $5, users can choose between Spot, P2P, Futures, or Bot accounts, and benefit from fixed commissions for both taker and maker orders. Security measures include 2FA, cold wallet storage, and KYC verification.
However, a notable drawback is that YEX operates under registration in Costa Rica and Panama, jurisdictions with less stringent oversight compared to Tier-1 regulators in the EU or U.S. Other disadvantages include minimum crypto purchase requirements of $50 or EUR 30, possible withdrawal and P2P fees, below-average iOS app ratings, and occasional web interface freezes. These conditions may not suit users seeking top-tier regulatory protection or a seamless trading experience, but active crypto traders prioritizing a wide selection of assets and low trading fees may still find the platform relevant.
YEX 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: | Web platforms, YEX mobile application (Android, iOS) |
|---|---|
| 📊 Accounts: | Spot, P2P, Futures, Bot |
| 💰 Account currency: | USDT, USDC, BTC, ETH, and others |
| 💵 Deposit / Withdrawal: | Cryptocurrency transactions, purchases via MoonPay, sales via AlchemyPay, P2P |
| 🚀 Minimum deposit: | $5 |
| ⚖️ Leverage: | Leverage is up to 1:150 for futures |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | Spot and futures: depends on the pair; purchases via MoonPay: $50 or EUR 30 |
| 💱 Commission: |
Spot: Not supported%-Not supported% Futures: Not supported%-Not supported% |
| 🔧 Instruments: | 500 supported coins, Futures, Perpetual contracts, Fiat, NFT. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Limit, Market, Stop, Iceberg, Grid |
| ⭐ Trading features: | Copy trading and grid trading with bots are available, a fixed commission rate for both Taker and Maker, and passive income tools |
| 🎁 Contests and bonuses: | Yes |
YEX supports three trading interfaces. The Futures platform allows trading perpetual contracts settled in USDT and USDC, with isolated and cross margin and leverage of up to 1:150. Two additional interfaces are designed for spot trading. The Spot mode is a simplified format for basic cryptocurrency buying and selling, featuring an order book and a simple form for placing market and limit orders. The Advanced mode provides expanded functionality including a customizable workspace, an advanced chart with a set of indicators, and a detailed order book. This setup is convenient for active intraday trading.
YEX Key Parameters Evaluation
Regulation and Safety
With a 7.5/10 score, YEX demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- Facial recognition
- Cold wallet storage
- Investor protection fund
- 2FA
- No successful hacks history
- Government-regulated
- Not tier-1 regulated
- Not U.S regulated
YEX Security Factors
We also compared YEX against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| YEX | Kraken | OKX | |
| Tier-1 regulation | No | Yes | No |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | Yes | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | Yes | No | Yes |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is YEX a regulated crypto exchange?
YEX is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
YEX is authorized or licensed in accordance with local regulations in the following regions: Costa Rica and Panama.
Is verification (KYC) mandatory at YEX?
Yes, KYC verification is mandatory at YEX. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is YEX available in the USA?
YEX is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, OKX, BTCC .
YEX commissions and fees
YEX has earned a rating of 8.5/10 for its trading fees. This makes it a highly attractive choice for active traders seeking to reduce costs, as YEX is a platform with minimal crypto trading costs.
- Futures fees below industry average
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are YEX trading fees?
We analyzed YEX’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
YEX trading fees vs competitors
| YEX | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | Not supported | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | Not supported | 0.22 | 0.2 | 0.194 |
| Futures, maker fee(%) | Not supported | 0 | 0 | 0.024 |
| Futures, taker fee(%) | Not supported | 0 | 0.053 |
What are YEX deposit and withdrawal fees?
| Deposit fee, % | Not specified |
| Withdrawal fee, % | Not specified |
Does YEX offer P2P trading?
Yes, YEX offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.YEX P2P Fees
Deposit and Withdrawal
YEX received a 5/10 rating for its deposit and withdrawal services. While YEX covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- P2P for flexible transfers
- Many cryptocurrencies for deposits and withdrawals
- Bank cards accepted for instant deposits
- Bank transfers not available
- Deposit fees apply
Deposit and withdrawal options
YEX supports the following deposit and withdrawal options: Bank card, Crypto.
YEX Deposit and withdrawal options vs competitors
What is YEX minimum deposit?
The minimum deposit at YEX is 5 USD/USDT or - BTC. The minimum trade size is - USD/USDT, which also serves as the minimum amount required to start trading on the platform.
YEX minimum deposit vs competitors
| YEX | Kraken | OKX | |
| Minimum deposit, USD or USDT | 5 | 10 | 10 |
| Minimum deposit, BTC | - | 1 | 5 |
| Minimum trade amount, USD/USDT | - | 1 | 1 |
Does YEX support fiat money?
YEX supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
YEX received a score of 9/10 in this category, highlighting its excellent selection of tradable assets and market access. YEX supports 500 coins and caters to various trading types, making it a strong choice for both active traders and long-term investors.
- Crypto copy trading available
- NFTs available
- Staking available
- Yield farming not available
- Crypto options not available
YEX supported coins and markets vs competitors
We compared YEX with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| YEX | Kraken | OKX | |
| Supported coins | 500 | 278 | 329 |
| Futures/Perpetual contracts | Yes | Yes | Yes |
| Options | No | No | Yes |
| NFTs | Yes | Yes | Yes |
YEX passive income options vs competitors
We also compared YEX with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
YEX received a score of 7.25/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Mobile indicators allowed
- Automated trading with bots
- Full-featured trading on desktop
- Android app score 4.25
- Advanced orders not available
- No access to TradingView features
- iOS App score 3.0
Trading apps
YEX provides web and mobile apps for both Android and iOS users, with an average rating of 3.0 on the App Store and 4.25 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the YEX platform is for mobile use.
| YEX | Kraken | OKX | |
| 2FA | Yes | Yes | Yes |
| Face ID | Yes | No | Yes |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | No | Yes | Yes |
| Advanced Orders | No | Yes | Yes |
| Trading with bots | Yes | No | Yes |
| API | Yes | Yes | Yes |
| Extra trading platforms | YEX | No | No |
Does YEX offer a desktop app?
Yes, YEX offers a desktop app with full trading functionality. It supports advanced charting, fast execution, and is compatible with both Windows and macOS systems.
Does YEX offer advanced charting with TradingView integration?
No, YEX does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Foundation date | 2024 |
|---|---|
| Registration address | Plaza Florencia Cond, Horizontal Vertical Commercial, San Rafael, 300N, FCA, Paco, Costa Rica |
| Regulation |
Costa Rica and Panama
Licence number: 884737 |
| Official site | http://yex.io/ |
| Contacts |
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