Coinex Crypto Exchange Review: It Is Good Or Bad?

About Coinex Crypto Exchange

Coinex Crypto Exchange core team members are from world-leading internet and finance companies, including the earliest adopters and professionals of cryptocurrency who boast rich experience in global operations and services in the industry. With proprietary trade matching system and excellent user experience, they are dedicated to building a highly secure, stable and efficient cryptocurrency exchange for global users.

Founded in 2017, CoinEx consists of a team from world leading internet and finance companies, boasting rich R&D experience with the proprietary trade matching system, creating a professional and compliant blockchain environment. With multiple languages supported, CoinEx provides highly secure, stable and efficient cryptocurrency trading services with millions of users in over 200 countries/regions.

Coinex Crypto Exchange Basic Points

How To Start ?

How To Sign Up At Coinex Crypto Exchange ?

It Is Very Easy To Sign Up At Exchange . Just Click On Sign Up Button At Website .Fill Registration Form With Correct Details Like Your Email , Phone Number , Password Etc . Once You Fill All Data You Get Verification Link At Your Email . Just Verify Your Link For Successfully Verification.

How To Deposit Fund At Coinex Crypto Exchange ?

Once your account has been verified, click on the ‘DEPOSIT’ button, which you’ll find at the top right-hand side of the screen. Choose which currency you want to deposit and then you will be provided with the Wallet details that you need to transfer the funds to .

How To Trade At Exchange ?

Once your account is funded, you can then begin day trading at Valr. Click on the ‘TRADING’ button at the top of the screen, and you will be taken to the main trading area. You now need to select the trading pair that you want to trade. Finally, enter the amount that you want to buy, decide whether you want to do a ‘market order’ or ‘limit order’, and then place your trade.

How To Withdraw At Coinex Exchange ?

Withdrawing your funds from Swipe is very easy. Go to the “Withdraw” window, select the asset you want to take out and fill all the required fields. Note that you won’t be able to withdraw currencies if you haven’t secured your account with 2FA and/or whitelisted addresses.

CoinEx Market Trading fees

As you know, there needs to be at least two parties in a trade. In cryptocurrency trading, we name these different parties different things (not just party one and party two). The party whose order exists on the order book prior to the trade they call the maker. The party who sees the maker’s order and decides that “yeah, that’s good enough for me and I’m gonna go ahead and accept that order” is the taker. As the makers provide the liquidity to the exchange, they are often provided with a discount on the trading fees compared to the takers. That is the case also at CoinEx Market.

CoinEx Market’s trading fees for takers are 0.15%. This fee is slightly below the global industry average. However, Hong Kong exchanges typically charge lower trading fees than exchanges from other countries. Accordingly, Hong Kong’s domestic industry average taker trading fee is much lower (around 0.10%). So from a domestic perspective, CoinEx Market’s trading fees for takers are even a bit high.

Makers receive a 0.05% discount and trade for 0.10%.

CoinEx Market Withdrawal fees

CoinEx Market charges a withdrawal fee amounting to 0.0015 BTC when you withdraw BTC. This is in line with global industry average and slightly on the high end compared to the domestic Hong Kong industry average.

Deposit Methods

This exchange offers wire transfer as a deposit method, but you can’t deposit via credit card.

Advantages

Security & Stability

Supporting up to 10,000 TPS, with self-developed proprietary trade matching engine.

User-First

Professional customer service and strong community connections, with 2000+ communities worldwide.

Global Operations

Global operational team with rich experiences in blockchain and Fintech industry, covering 15 language areas globally.