Once done, you can register using your email ID, complete a puzzle, and then feed in the verification code sent to your email ID. The past 6 years at CoinEx have been filled with highs and challenges. Today’s challenge is unprecedented, but we’re determined and capable.

Individuals can create an account by entering their email ID and a password. Mobile phones can also be connected to the account, which enhances the overall security. Adnan is a crypto enthusiast who is always keeping an eye on the latest developments in the crypto ecosystem. He is an environmental engineer working on his MBA and has been following innovations in FinTech for several years. Adnan produces written content to review crypto projects and support the crypto community. CoinEx employs bank-level multi-signature security with private keys fragmented across geographically separated servers to keep funds safe in cold storage.

There’s also an advanced trading platform for serious cryptocurrency enthusiasts. Plus, you can earn some free cryptocurrencies if you’re willing to take some educational courses. Check out our expert picks for some of the best cryptocurrency exchanges for February 2024. These include the best online crypto exchanges, brokers, and apps you can use to start building your own cryptocurrency portfolio today. CoinEx is one of the most secure cryptocurrency exchanges due to their full-dimensional security.

Like Binance, CoinEx has a native coin in CET, which acts as a tradable asset and can be used to get trading fee discounts. 2/ #CoinEx ensures a user-friendly approach, from our coin screening to the “novice zone” for crypto newcomers. We embody simplicity by handling complexities, letting users focus on seamless transactions.

Even though CoinEx actively operates in 100+ countries, including Brazil, India, South Korea, and more, the firm is based out of Hong Kong. But doesn’t extend its services in the U.S., citing regulatory concerns. At CoinEx, you can create strategies, enact them, and then end them if and when needed. However, all of these ecosystems do not allow you to trade anything else but cryptocurrencies. If you plan on diversifying with forex, crypto CFDs, or commodities, platforms like eToro and Exness might be more suited to your requirements.

If you plan to use the CoinEx mobile app, it is worth noting that it is relatively safe to work with. The CoinEx user interface brings in biometric support for two-factor authentication and makes way for advanced encryption standards to protect what is coinex user funds. And the safety measures extend to both Android and iOS mobile apps. You can borrow other crypto assets by using your existing holdings as collateral. It is worth noting that deposits are only allowed once you have verified your ID.

1. With the simple swapping interface, anyone can exchange their assets without any restrictions.
2. Aside from the professional trading features, the platform has simplified everything for its users.
3. It has wide array of popular cryptocurrencies and gives immediate access to deposits.
4. The withdrawal fee is different for each pair and can be referred to from the company website.
5. CoinEx offers more than 500 crypto assets to their users to trade and buy.

Having two different options to trade in allows for advanced trading strategies. Rather than trading in the slow spot market, professional users can multiply their winning trades by opting for futures. CoinEx even offers up to 100 times leverage on some of the pairs available in the futures section. Thanks to CoinEx’s collaboration with various third-party merchants, the platform also offers tons of payment options when buying crypto assets. As of now, CoinEx supports direct crypto purchases of USDT, USDC, BTC, and ETH. You can easily pay with a credit or debit card, bank transfer, or SEPA.

Exchange Fees

In this review, we’ll take an in-depth look at the exchange’s features, fees, supported coins, and other important aspects to help determine if CoinEx is a suitable option for your needs. No, CoinEx does not have a mandatory KYC (Know Your Customer) verification process. You can verify your account of course and therefore increase the daily withdrawal limit and have an exclusive support manager.

What Services Does CoinEx Offer?

I recommend exchanges that have state money transmitter licenses and the NY Bitlicense or other state or Federal licenses/charters, including, but not limited to, Gemini, Kraken, or Square. For example, rewards platform Lolli offers Bitcoin back on online purchases. To get a ranking, your last month’s trading volume should be equal to or more than $5M.

As always, remember to trade wisely and stay informed about the latest developments in the crypto sphere. A similar thing is with withdrawals as well – you can withdraw only crypto directly, but you can exchange it for fiat money only through a third-party provider (Mercuryo). Join us as we delve into the specifics of CoinEx, from its extensive coin support to its native CET token benefits.

Having started in Hong Kong, CoinEx has become one of the more reputed names in cryptocurrency exchanges worldwide. CoinEx is a cryptocurrency exchange and a service provider for various blockchain-based products. The exchange has multiple features that make it an enticing option as a coin exchange platform. CoinEx has many supported crypto assets and fiat currencies https://cryptolisting.org/ on its trading platforms, offering users many options. CoinEx has various incentives for high-volume cryptocurrency trading as well as for beginners through an attractive and easy-to-use interface. As CoinEx is a global crypto exchange, they offer their services worldwide, and the platform is even available in 15 different languages for users’ convenience.

How to choose the best crypto trading platform

Spot and market trading can be used through an unverified account across most nations, including the United Kingdom. Another nice benefit of Coinex is that KYC is not obligatory for depositing cryptocurrencies and trading. This means that users can signup with just an email, deposit some crypto and begin trading on the exchange. The exchange as a whole is easy to navigate and use which means that even beginners can use it without too much trouble. If you are hesitant about giving CoinEx a try due to its recent security problems, consider checking out our selection of the safest cryptocurrency exchanges. Whether you’re just starting your crypto journey or looking to diversify your trading platforms, CoinEx is certainly worth considering.

People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. I have been using this exchange for more than a year and it is much better than Kucoin, with all type of early gems under one platform. If you are interested to read more about how Coinex compares to alternatives exchanges, check out Coinex vs Gate.io, Coinex vs Kucoin and Coinex vs Coinbase. In the UK, the cryptocurrency industry is regulated by the Financial Conduct Authority (FCA).

However, it is possible to exchange fiat money for crypto and then deposit it to your CoinEx account via third-party providers (Simplex, XanPool, Mercuryo, Paxful, Moonpay, and AdvCash). Not the best possible solution, but better than not to have any. For those not familiar with the term, spot crypto trading is the process of buying and selling tokens and coins at a spot price for immediate settlement.

Some of the countries supported by Coinex include the United Kingdom, Germany, France, Australia, Japan, South Korea, Singapore, and Brazil. EToro USA LLC; Investments are subject to market risk, including the possible loss of principal. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.