CoinEx Overview
In this CoinEx Review, we analyze a cryptocurrency exchange established in 2017, founded and led by CEO Haipo Yang. Headquartered in Hong Kong, CoinEx employs over 500 staff and serves over 100 countries, with a user base exceeding 3 million. The platform reports a 24-hour spot trading volume of $154.88 million and a futures volume of $0.88 billion, totaling $1.03 billion. KYC is not required, enhancing accessibility for privacy-focused users.
CoinEx’s native token, CET, supports fee discounts and ecosystem benefits. The exchange restricts access in the United States, China, and Alberta, Canada. A $100 trading bonus is offered, boosting initial capital. This overview sets the foundation for evaluating CoinEx’s features and performance.
Where CoinEx Stands Out
CoinEx excels in offering a wide range of cryptocurrencies and no mandatory KYC, appealing to altcoin traders and privacy-conscious users. The platform supports over 1,094 cryptocurrencies, ideal for trading niche altcoins. Its no-KYC policy allows daily withdrawals up to $10,000, providing flexibility for unverified users. The CoinEx Feed, a live news stream, keeps traders informed with real-time market updates.
Deep liquidity for TRX trading pairs ensures smooth transactions. The CET token offers fee reductions, enhancing cost efficiency. The platform’s user-friendly interface suits beginners, though recent security concerns from a 2023 hack warrant caution. CoinEx’s focus on altcoins and privacy makes it a strong choice for specific trading needs.
CoinEx Products, Features, & Services
CoinEx provides a centralized platform for trading cryptocurrencies, focusing on spot and futures markets. It supports over 1,094 cryptocurrencies for spot trading and 97 futures contracts, catering to varied strategies. The platform offers staking for passive income, P2P trading for direct crypto exchanges, and bot trading for automation. The CoinEx Feed delivers live news updates, enhancing market awareness.
The interface is accessible via mobile apps and web, with multilingual support for global users. CoinEx’s affiliate program offers a 30% commission, incentivizing referrals. Customer support operates 24/7 via live chat and email, addressing queries. No fiat currencies are supported, limiting transactions to cryptocurrencies. CoinEx’s no-KYC policy and extensive altcoin range prioritize accessibility, though futures trading is less prominent.
CoinEx Pros & Cons
| ✅ CoinEx Pros | ❌ CoinEx Cons |
|---|---|
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Signup & KYC
Signing up for CoinEx is simple and does not require KYC, appealing to privacy-focused users. Users can register with an email address and trade immediately, with a daily withdrawal limit of $10,000 without verification. Optional KYC increases limits, requiring identity documents. A $100 trading bonus is provided, enhancing initial funds.
Level 1 KYC allows withdrawals up to $1 million daily, while higher levels have unspecified limits. The no-KYC policy suits users in supported countries seeking anonymity. CoinEx’s flexible verification process balances accessibility with compliance for larger transactions.
Withdrawal Limits
| KYC Level | Daily Withdrawal Limit |
|---|---|
| No KYC | $10,000 |
| Level 1 KYC | $1,000,000 |
| Level 2 KYC | Not specified |
| Level 3 KYC | Not specified |
CoinEx Supported Assets
CoinEx supports over 1,094 cryptocurrencies for spot trading, including Bitcoin, Ethereum, and numerous altcoins, making it ideal for altcoin trading. For futures, it offers 97 contracts, with up to 100x leverage. The native CET token provides fee discounts and ecosystem benefits. No stocks, commodities, forex, or options trading are available, focusing solely on cryptocurrencies.
Spot trading supports 10x margin, enhancing flexibility. Deep liquidity for TRX pairs is a standout feature. CoinEx’s extensive asset range suits traders seeking altcoins, though futures contracts are limited compared to its spot offerings.
CoinEx Trading Options
CoinEx offers spot and futures trading, with a 24-hour spot volume of $154.88 million and a futures volume of $0.88 billion. The platform supports over 1,094 cryptocurrencies for spot trading and 97 futures contracts, providing options for diverse strategies. Spot trading includes 10x margin, while futures offer up to 100x leverage. P2P trading facilitates direct crypto exchanges, and bot trading supports automated strategies. No stocks, commodities, forex, options, demo, or copy trading are supported, keeping the focus on cryptocurrencies.
Spot Trading
CoinEx’s spot trading supports over 1,094 cryptocurrencies, including major coins and altcoins. The 24-hour spot volume of $154.88 million reflects moderate liquidity, with deep TRX pair support. Spot margin trading at 10x leverage is available, enhancing flexibility (not to be confused with fututres leverage trading). The interface offers real-time charts and order books for efficient trading with live updated data. Overall, CoinEx is a great spot exchange for altcoin traders due to the wide variety of available coins. Aside from popular coins such as BTC, ETH, or SOL, CoinEx offers relatively new “shiny” coins such as AIXBT or HarryPotterObamaSonic10Inu.
Supported order types include:
- Market orders
- Limit orders
- Stop-limit orders
- Stop-market orders
- Immediate or Cancel (IOC)
- Fill or Kill (FOK)
These options cover a range of trading needs, suitable for spot traders and beginners.
Futures Trading
CoinEx’s futures trading supports 327 contracts, with a $0.88 billion 24-hour volume. Maximum leverage of 100x appeals to high-risk traders, and the platform ensures liquidity for major assets like BTC and ETH. Futures trading includes perpetual contracts for strategic flexibility. The futures contracts at CoinEx are mostly settled in USDT. However, two USDC settled contracts are available for Bitcoin and Ethereum. Cross and Isolated margin is available for CoinEx futures traders. As of 2025, unified margin accounts are not supported.
Supported order types for futures include:
- Market orders
- Limit orders
- Stop-limit orders
- Stop-market orders
- Immediate or Cancel (IOC)
- Fill or Kill (FOK)
The moderate contract range makes CoinEx less ideal for advanced futures traders. Additionally, CoinEx lacks advanced order types such as TWAP, Scaled, or Iceberg orders.
Bot Trading
CoinEx offers bot trading with automated strategies, enhancing efficiency for users. These bots are beginner-friendly, allowing users to automate spot trading strategies with minimal setup. Available trading bots include:
- DCA (Dollar-Cost Averaging)
- Grid
CoinEx Trading Fees
CoinEx’s trading fees are 0.2% for both spot maker and taker transactions, with discounts available via CET token holdings. Futures fees are 0.03% for makers and 0.05% for takers, supporting cost-effective trading. These rates apply across all trading pairs, with CET reducing fees further for eligible users. The fee structure is reasonable for altcoin traders, particularly with discounts applied.
| Fee Type | Maker Fee | Taker Fee |
|---|---|---|
| Spot Trading | 0.2% | 0.2% |
| Futures Trading | 0.02% | 0.04% |
Spot Trading Fees
Spot trading fees are 0.2% for makers and takers, reducible with CET tokens. These fees are consistent across all spot pairs, ensuring predictability. By holding the CET coin, you will receive VIP benefits, lowering your fees to 0.16% at VIP 1 and 0.08% at VIP 5.
Futures Trading Fees
Futures fees are 0.03% for makers and 0.05% for takers, with CET discounts applicable. High leverage may increase costs relative to your portfolio size (not position size), requiring proper risk management.
CoinEx Deposits & Withdrawals
CoinEx does not support fiat currencies, limiting deposits and withdrawals to cryptocurrencies or direct purchases. Available deposit methods include:
- Cryptocurrencies
- Credit Card
- Debit Card
- Simplex
- Mercuryo
- Guardian
- MoonPay
- Volet
- PIX
- Revolut Pay
- SEPA
- USDT, BTC, ETH, USDC, XRP, and more cryptocurrencies.
Withdrawal methods are restricted to cryptocurrencies. Deposit and withdrawal fees are network-dependent and not specified, varying by blockchain.
No KYC users can withdraw up to $10,000 daily, increasing to $1 million with Level 1 KYC. Higher KYC levels have unspecified limits, offering flexibility for large withdrawals. The lack of fiat support may inconvenience users needing bank transfers, but crypto transactions are efficient.
CoinEx Customer Support
CoinEx provides 24/7 customer support via live chat and email. The support team addresses account issues, trading queries, and technical problems, with a rating of 6/10. Response times vary, and some users report delays during peak periods.
CoinEx Security & Regulations
Based on our research, CoinEx operates with a low safety index and lacks specific regulatory licenses, based on available data. Headquartered in Hong Kong, it faces potential regulatory scrutiny. A 2023 hack resulted in $70 million in losses, though funds were recovered. The platform employs standard security measures and maintains a 100% reserve ratio.
Exchange Security & Regulations
CoinEx uses cold storage, encryption, and proof-of-reserves audits, but no licenses are reported.web:3 The 2023 hack highlights vulnerabilities, though no further breaches are noted. Users should verify local regulations.
Account Security
Account security includes two-factor authentication (2FA) via email or authenticator apps and encrypted data transmission. Users are urged to enable 2FA to safeguard accounts.
Conclusion
CoinEx supports over 1,094 cryptocurrencies, ideal for altcoin traders, with no mandatory KYC allowing $10,000 daily withdrawals. Trading fees are 0.2% for spot and 0.03%/0.05% for futures, reducible with CET tokens. Its $154.88 million spot volume and CoinEx Feed enhance altcoin trading, but a 2023 hack and regulatory concerns raise caution. A wide variety of available altcoins benefits niche traders and memecoin enthusiasts.
The user-friendly interface and bot trading suit beginners, though the $0.88 billion futures volume limits advanced futures trading. Established in 2017, CoinEx is reliable for altcoins but less suited for high-volume futures. It’s best for privacy-focused altcoin traders.
FAQ
Q: Is KYC required on CoinEx?
A: No, KYC is not required, allowing up to $10,000 daily withdrawals without verification.
Q: What are CoinEx’s spot and futures fees?
A: Spot fees are 0.10% for makers and takers. Futures fees are 0.02% for makers and 0.04% for takers.
Q: Is CoinEx available in the US?
A: No, CoinEx is restricted in the United States, per its terms.
Q: How many coins can be traded on CoinEx?
A: CoinEx supports over 1,094 cryptocurrencies for spot trading and 97 futures contracts.
Q: What leverage does CoinEx offer?
A: CoinEx offers up to 100x leverage for futures trading.
Q: Does CoinEx offer unique features?
A: Yes, the CoinEx Feed provides live news updates, and bot trading supports DCA and Grid strategies.
