CoinEx

CoinEx Review

What is CoinEx?

CoinEx is a Hong Kong–based cryptocurrency exchange that has been operating since 2017. Founded by Haipo Yang (also the founder of ViaBTC), the platform has grown into a global exchange serving 10+ million users across more than 200 countries and regions. It supports over 1,200 cryptocurrencies and offers spot trading, futures trading, swaps, and other crypto-focused services.

CoinEx places strong emphasis on transparency and user protection. It was among the earlier exchanges to publish proof-of-reserves and states that it maintains over 100% reserves backing user assets. Many features are accessible without mandatory KYC, although verification or restrictions may apply in certain situations or jurisdictions.

CoinEx Accelerator

On 2 April 2019, CoinEx relaunched a program called CoinEx Accelerator, designed to support and promote selected blockchain projects that the exchange’s specialists consider credible and high quality. The initiative focuses on helping early-stage projects gain visibility while giving users structured access to new tokens and ecosystems.

Through the Accelerator, traders can participate in curated project launches rather than unvetted ICOs. CoinEx handles project evaluation and onboarding, reducing some of the research burden for users. In simple terms, it works like a more controlled ICO-style participation model, where CoinEx acts as an intermediary between projects and traders.

US-investors

CoinEx does not explicitly list U.S. investors as prohibited from using the platform. However, regulatory requirements differ by jurisdiction, and U.S. users are responsible for conducting their own independent assessment before trading on the exchange.

In certain cases, access to specific products or features may be limited based on residency or compliance requirements. As with any international cryptocurrency exchange, U.S. investors should be aware that regulatory changes or enforcement actions could affect availability over time.

Mobile Support

CoinEx is available through a dedicated mobile application for both iOS and Android devices. The app mirrors the core functionality of the desktop platform, allowing users to monitor balances, manage wallets, and trade across Spot, Futures, Swap, and Onchain markets.

The mobile interface is designed for ease of use and real-time performance, making it suitable for both casual users and active traders who want full account access while on the move.

Leveraged Trading

CoinEx offers leveraged trading through its Futures platform, allowing users to trade perpetual contracts with leverage of up to 100x. The exchange supports both USDT-settled (linear) and crypto-settled (inverse) contracts across more than 200 trading pairs, including major assets like BTC and ETH as well as a wide range of altcoins.

Traders can choose between cross and isolated margin modes and use risk-management tools such as take-profit and stop-loss orders, real-time contract data, and auto-transfer features. While leverage can significantly increase potential returns, it also amplifies losses, meaning this feature is best suited to experienced traders or those who have practiced strategies using CoinEx’s demo trading tools.

CoinEx Trading View

CoinEx offers a clean and functional trading interface designed to accommodate different trading styles. As with most exchanges, the trading view includes a real-time price chart, order book, recent trade history, and clearly separated buy and sell panels.

There is no single “best” trading layout, and CoinEx’s interface is built to be intuitive rather than overly complex. Both spot and futures views are straightforward to navigate, making the platform accessible for beginners while still providing the essential tools more experienced traders expect.

CoinEx Chain

CoinEx also operates its own blockchain ecosystem through CoinEx Chain, with the whitepaper officially released on 28 June 2019. CoinEx Chain was designed as a public chain focused on decentralized exchange infrastructure, aiming to support transparent trading rules, community-driven operations, and user-controlled assets.

The project positions itself as an ecosystem built on parallel public chains, including a DEX-focused chain, a Smart Chain for smart contracts, and a Privacy Chain intended to enhance user privacy. Alongside CoinEx Chain, the platform’s native token (CET) plays a central role across the ecosystem, providing trading fee discounts, VIP benefits, and access to incentive programs such as CoinEx Mining and other reward mechanisms.

CoinEx Fees

CoinEx Trading fees

CoinEx uses a tiered VIP fee structure rather than a single flat trading fee. VIP levels (VIP 0–5) are determined by a combination of CET holdings, total asset value, and 30-day trading volume. Base spot trading fees start at 0.20%, which is in line with the broader industry average.

Users can reduce trading costs by holding CET and enabling CET fee deductions, with higher VIP tiers lowering spot fees to as little as 0.10%, or 0.08% when fees are paid in CET. Futures trading fees and margin borrowing costs are also influenced by VIP level, making CoinEx more cost-efficient for higher-volume traders.

AMM markets operate under a separate fee model, where standard VIP discounts and CET deductions do not apply.

CoinEx Withdrawal fees

CoinEx does not apply a single flat withdrawal fee across all assets. Instead, withdrawal fees vary depending on the specific cryptocurrency and the blockchain network used. These fees are adjusted to reflect real network conditions and are displayed transparently before a withdrawal is confirmed.

In general, crypto deposits on CoinEx are free, while withdrawal costs depend on the coin and chain selected. This flexible structure keeps fees competitive and aligned with actual blockchain transaction costs rather than fixed exchange margins.

Deposit Methods

CoinEx operates primarily as a crypto-focused exchange. Users can deposit a wide range of cryptocurrencies across multiple supported networks, with deposits typically credited without additional platform fees.

Fiat access is available mainly through third-party payment providers rather than direct bank transfers. In many regions, users can purchase crypto using debit or credit cards via integrated partners, but CoinEx does not offer native wire-transfer support in most jurisdictions. As a result, users who rely heavily on traditional banking rails may find fiat onboarding more limited compared to some larger exchanges.

User Experience and Interface

CoinEx provides a stable and intuitive trading environment designed to work consistently across both desktop and mobile platforms. The interface focuses on clarity and usability rather than heavy customization, which makes it approachable for beginners while still functional for experienced traders.

On the web platform, users have access to real-time charts, smooth order placement, and clearly separated Spot, Margin, and Futures views. Wallet management and withdrawal pages are straightforward, reducing friction when moving funds. CoinEx also offers educational resources such as Academy articles, demo trading, and security tutorials, helping users understand the platform before committing real funds.

Security and Transparency

Security is a major focus at CoinEx. The exchange states that the majority of user funds are stored in offline cold wallets to reduce exposure to online threats. Withdrawals are protected through multi-signature authorization, meaning multiple approvals are required before funds can be moved.

Additional account-level protections include two-factor authentication (2FA), withdrawal address whitelisting, and customizable anti-phishing codes to help users verify official communications. CoinEx also publishes periodic proof-of-reserves reports and maintains continuous risk monitoring, reinforcing its emphasis on transparency and fund protection.

Additional Products and Services

Beyond standard spot and futures trading, CoinEx offers a wide range of supplementary crypto services:

• CoinEx AMM – A liquidity pool system that allows users to earn a share of trading fees by providing token pairs, using an automated market-making model rather than a traditional order book.
• CoinEx Earn – Includes Flexible Savings (no lock-up, daily interest) and Fixed Savings (fixed-term deposits with preset APYs).
• Demo Trading – A simulation environment with virtual funds that mirrors real market conditions, allowing users to practice trading strategies without financial risk.
• CoinEx Loans – A crypto-backed lending service that lets users borrow assets without selling their holdings, using adjustable loan-to-value ratios.
• CoinEx Staking – Enables users to stake supported assets and earn rewards while retaining the ability to redeem funds.
• Onchain Trading – Allows users to trade on-chain tokens directly through CoinEx without managing external wallets or paying gas fees manually.
• CoinEx P2P – A peer-to-peer marketplace with escrow protection, supporting multiple fiat currencies and payment methods with zero platform fees.

Customer Support

CoinEx provides 24/7 customer support through an online ticket system available in its Help Center. Users can submit detailed requests related to account issues, security concerns, deposits, and withdrawals.

Additional support channels include official Telegram communities and social media platforms such as X (Twitter), where users can receive general guidance and updates. CoinEx does not offer phone support, and response times can vary depending on ticket volume, though most standard issues are reportedly handled adequately.