First glance
CoinMex appears in exchange listings but lacks any signs of real activity. There are no trading volumes, no listed markets, and no reserve stats. It looks like an exchange - but acts like a placeholder.
What’s really happening
CoinMarketCap labels it "Untracked." That’s a red flag. No price movement, no visible assets, no live market depth. Spot and futures markets are entirely missing. It’s all quiet on every metric.
Behind the scenes
CoinPaprika and other trackers mirror this emptiness: $0 24h volume, zero confidence score, no listing activity. The exchange claims Belize registration and boasts a tech team from major companies. But real usage? Unseen.
User access
The website is online, promoting features and services. But no live tickers, no charts, no pairs to engage with. It's a static experience. The site loads, but there's nothing to do. Traders find no foothold here.
Risk profile
With no operational transparency or volume, CoinMex carries high risk. There’s no smart contract insight, no regulatory clarity, no liquidity. It exists, but it’s functionally blank.
Quick metrics
| Parameter | Status |
|---|---|
| Tracked status | Untracked - zero data |
| Trading volume | $0 |
| Confidence score | 0% (minimal) |
| Liquidity | None visible |
| Markets | Not listed |
| Operational decl. | Registered in Belize, tech roots |
| Risk | High - empty shell, no activity |
Final thoughts
CoinMex is a ghost exchange. It has the name, branding, and a website - but lacks everything else. It didn’t collapse. It never launched in earnest. A shell platform in crypto’s long tail.