What CoinEx aims to do
CoinEx started in 2017 to serve spot and futures traders, adding OTC, staking, and wide token support. Frequent promos and CET perks aim to drive user engagement, blending trading with rewards to keep activity up.
Interface and features
The dashboard is clean and practical - spot, futures, and OTC options sit up front, with simple charts, depth diagrams, and common order types like limit, market, and conditionals. Staking menus are easy to find. It’s functional, though visually basic.
Liquidity and execution
Major pairs like BTC/USDT or ETH/USDT trade well with tight spreads. Outside that, liquidity thins quickly and slippage climbs. Futures liquidity varies by contract maturity and hype. Works for small to mid-size trades, but big orders need caution.
Fees, promos, and account flow
- Trading fees at 0.1 percent, dropping with CET use or volume.
- Account creation is simple, with low-tier trades possible before KYC. Higher withdrawals need full checks.
- Withdrawals usually process quickly, but bigger sums might wait on manual reviews.
Security and transparency
Cold storage and 2FA are standard. But no public audits or reserve proofs exist, and team details plus regulatory filings stay vague. Trust depends more on steady ops history than on published oversight.
Who uses CoinEx
- Retail traders wanting low fees, broad tokens, easy staking, and frequent promos.
- Users happy with CET rebates and exploring new listings.
Who should look elsewhere
- High-volume or institutional players needing deep liquidity and audit clarity.
- Traders wanting pro charting, custom algos, or heavy API support.
Pros and cons
- Pros: Many tokens, spot plus futures plus staking, CET fee cuts, regular campaigns.
- Cons: Thin liquidity on small caps, no proof-of-reserves, support delays, basic UI feel.
Verdict
CoinEx works well for retail or bonus-focused trades - a place to test new coins, earn via staking, and pay low fees. But lack of audits, thinner liquidity on niche pairs, and modest service depth mean it’s best paired with stronger exchanges if you’re serious or moving big sums.