OVERVIEW OF COINEX EXCHANGE

COINEX

CoinEx is a platform providing financial services across the globe. CoinEx was launched in Hong Kong and got registered at United Kingdom. CoinEx exchange has been running effectively since 2017 and they are still offering a top notch financial services up till date.
CoinEx exchange is a platform where people can buy and sell cryptocurrencies. CoinEx exchange are known to be the exchange with high security, high speed, user-friendly and low cost.

CoinEx Exchange command an average volume of 45,000 BTC, having more than 275 trading pairs. CoinEx support spot trading, future trading, margin trading and perpetual trading.

FEATURES OF COINEX EXCHANGE

GLOBAL

CoinEx exchange is a global exchange. This means they accept users from all across the globe except few countries that ban and restrict their citizens from crypto i.e USA. Location is never a barrier in accessing CoinEx exchange, at your comfort zone, you can access and make use of the exchange.

CoinEx Security

Security is one of the criteria you must look into before choosing an exchange. Without doubt, CoinEx do offer top notch security to the users fund. The CoinEx exchange uses advanced SSL protocols, multi-signature wallets and two-factor authentication (2FA) system in order to provide enhanced security. Ever since CoinEx came into existence, they have not been compromised before in the security aspect. They take security as a top priority and all measures has been taken to safeguard the exchange and the user's funds.

MULTILINGUAL

The CoinEx exchange website supports multiple interface languages, as well as a mobile app for those who prefer to trade on the go. This renders CoinEx quite user-friendly, as the team behind it had aimed it to be. The website is designed in an appealing and simple manner, enough for the average user to be able to navigate it with ease.

MOBILE SUPPORT

The CoinEx exchange has been designed to support mobile application. This means the exchange can be access through the web and application. The CoinEx app is compatible for both iOS and Android devices. The Android version can be downloaded from PlayStore, while the iOS version could be downloaded from AppStore.

GOOD TRADING VIEW

The CoinEx exchange has a very good trading view that feels right to the users. It have the following:

• Order Book
• Price chart of the chosen crypto
• Order History
• Buy and Sell-boxes

LIQUIDITY

The CoinEx exchange commands enough liquidity, the exchange has millions of registered users and investors are so many as well. The features of CoinEx exchange make many to make use of the exchange, and this boost liquidity in the exchange. There are always enough buy and sell orders in all the trading pairs.

COINEX FEES

The aim of every cryptocurrency traders are to trade in an exchange that has a lower fee. CoinEx exchange is one of the exchange with a lower fees. In term of fees, CoinEx exchange is more preferable to other exchange. Fees charges on CoinEx is below the average in the crypto industry.

Taker and Makers fees

In CoinEx exchange, the trading fees for takers and markers is 0.10%. Most other exchange do charge 0.25% as trading fees. This is one of the reason why you must choose CoinEx exchange as your exchange for trading of cryptocurrencies.

CoinEx Withdrawal fees

Withdrawal fees on CoinEX is also lower. They don't charge any other fees except the network fees only. Other exchange do charge 0.005 btc, 0.01 eth etc, but CoinEx exchange does not charge any money from your withdrawals, rather you pay only the network fees which vary and depend on the blockchain.

HOW TO USE COINEX EXCHANGE

1. REGISTER AN ACCOUNT

If you don't have account in CoinEX exchange, first thing to do is to sign up.
Sign up here

*2. DEPOSIT

The second method is to deposit the particular token you want to trade.

Deposit Methods

CoinEx Exchange only accept crypto deposit. So no room for card or other method deposit.

STEPS:

You must have cryptocurrency at your personal wallet

• Login into your CoinEx Exchange
• Click on fund (this is where you will see all the listed coins and token)
• Click on the particular token you want to deposit and copy out the address
• Go to your personal wallet and deposit the token
• Wait while it reflects on your exchange account

3. TRADE

After depositing on CoinEx exchange, you can start trading immediately. You can choose the pair you want and commence your trading.

4. WITHDRAW

The last process is to withdraw your assets to your personal wallet (if you want but not compulsory). Again, it is advisable not withdraw a token from secondary wallet to another secondary wallet i.e exchange to exchange, rather you should transfer from exchange to your personal wallet.

Here are the process:

• Copy out the wallet ID from your personal wallet
• Come to your exchange account and click the fund
• Click on token
• Click withdraw
• Fill the necessary requirements and send

CoinEx Exchange KYC and AML

There are limit to optimize the CoinEx Exchange if you are yet to do your kyc. But is it advisable for every user to do their kyc so they will enjoy an unlimitedly benefits from the exchange.

Process for Kyc:

• Login to your exchange account
• Click on Account
• Click on Identity Verification
• Fill all the required details and documents
• Submit it and wait while the team will review it and approve it.

You can read this article for more light on how to do your kyc
https://support.coinex.com/hc/en-us/articles/360025083374-How-to-complete-Basic-ID-verification-

OTHER COINEX SERVICES

• COINEX ACCELERATOR

CoinEx launched a service product called “Accelerator”. This Accelerator was created for the purpose of promoting trusted blockchain projects. The CoinEx Accelerator is a service that helps to promote other viable projects. There are CoinEx teams that specialize on this and there is a room for the users to contribute as well. Both the specialist and the CoinEx users that promoted a project will enjoy the profits that accompany it. CoinEx Accelerator is a medium for blockchain startup projects could get promoted.

This is just the beginning
I will still unveil more about CoinEx
Stay Tune

Join their official Telegram https://t.me/CoinExOfficialENG

This article was composed by Benedict Raphael
CoinEx Ambassador