Categories: Market

What is CoinEx? Rating of Centralized Exchange (CEX) from Hong Kong

What is CoinEx?

CoinEx is an expert Centralized Exchange (CEX) cryptocurrency trade with international attain. CoinEx Exchange at the moment helps many various languages together with Synthetic Team. CoinEx Exchange was based in December 2017 and is developed by elite employees in numerous fields corresponding to blockchain, finance, and providers.

CoinEx, though newly established, has established an unique trading system mixed with superb personal expertise and an intensely user-friendly interface that guarantees to turn into a protected and steady cryptocurrency trade, collected and highly efficient for customers all around the world typically and Synthetic Teamese customers specifically.

What does the CoinEx ecosystem embrace?

CoinEx is one of the exchanges with probably the most numerous ecosystem within the trade, together with CoinEx Exchange, ViaBTC Pool, CoinEx Chain, OneSwap, By way of wallet. Within:

CoinEx Exchange: A business that helps to trade in perpetual contracts, spot, margin, and different derivatives
ViaBTC Pool: One of the biggest cryptocurrency mining swimming pools on this planet. Currently, this ViaBTC pool at the moment attracts greater than 3 million international customers.
CoinEx Smart Chain: Updated by CoinEx Chain. This is a sequence of sensible contracts for decentralized transactions with extraordinarily excessive execution efficiency, low transaction prices, good compatibility with the Ethereum ecosystem, and admission-free block manufacturing.
OneSwap: A decentralized trade (DEX) with the native token from ONES presents customers features corresponding to swap, trading and liquidity and explicitly helps the AMM mannequin and the order ebook.
Wallet permits customers to retail 36 essential cryptocurrencies on six different chains in the twin pockets by way of wallet. In addition, customers with DApps and the decentralized trade of CoinEx DEX can stake out By way of wallet. Shortly, the pockets will incorporate extra crypto-to-crypto and crypto-to-fiat transactions, a quick transaction pace, and assist bank card funds.

What is particular in regards to the CoinEx trade?

Security & stability

With a world-class technical staff, complete safety, and CoinEx’s unique high-speed order matching engine, the trade ensures the steadiness of hundreds of simultaneous orders, every of which is inside your attain.

Accessible to trade and excessive liquidity

CoinEx at the moment helps greater than 300 cash and tokens and greater than 600 trading pairs. Most of the altcoins you wish to trade can be found on the CoinEx trade.

User-pleasant

Serve international customers with 24/7 trade providers, multilingual assist, sturdy group backup, {and professional} customer support. CoinEx Exchange presents customers with an intuitive, user-friendly interface and the complete performance of cryptocurrency trade.

Multilingual assist

CoinEx Exchange at the moment helps 12 different languages corresponding to English, Synthetic Teamese, Chinese …

Huge ecosystem

In addition to CEX, CoinEx additionally has CoinEx Smart Chain, just like BSC for DeFi improvement. With CEX within the ecosystem, customers can trade Spot, Margin, OTC, or P2P on the CoinEx trade.

CoinEx has a precise price construction that at all times leaves an impression. CoinEx solely expenses consumers for trading cash with a 0.10% price. CET customers who trade in money are not going to be charged. Such transaction charges are low.

Exchange charges

CoinEx expenses transaction charges when customers use Spot, Perp, Margin. The CoinEx price charge varies depending on the VIP degree and market-making degree. The VIP degree relies on conserving CET, whereas the market-making degree is based mainly on the 30-day trading quantity (snapshot is taken every day at 0:00 UTC).

As with many different cryptocurrency exchanges, the CoinEx trade’s deposit price is free. The withdrawal price relies on every coin.

Floor member info

CoinEx has registered in Hong Kong, the place Mr. Haipo Yang is Co-Founder and CEO of CoinEx.

In addition, CoinEx’s core members come from the world’s primary web and finance corporations, together with early adopters and crypto specialists with intensive expertise in numerous industries, international operations, and providers within the trade.

Investors

CoinEx has raised as much as $ 50 million using a single enterprise fund, the Ecosystem Development Fund. This fund was introduced on July thirtieth, 2020, and raised a complete of $ 50 million and invested within the actions of the trade specifically and the ecosystem typically.

Token info

General info:

Token title: CoinEx token
Symbol: CET
Token customary: ERC-20
Blockchain: Ethereum

Token features:

Deduction as a transaction price: CET might be deducted instantly as a transaction price
CET can be utilized to purchase VIP {qualifications} and consumers get VIP privileges on the CoinEx trade
CET should purchase devoted API servers to enhance enterprise effectivity
Governance perform: CET holders can vote in CoinEx for brand new cash they need

Token Usage Plan:

CoinEx will purchase again and “burn” CET with 20% quarterly transaction price acquire at the finish of every quarter (growing shortage for CET tokens)
CoinEx will concern trading pairs CET / BCH, CET / BTC, CET / USDT, and merchants can trade this token.

Development roadmap

2018:

January 2018: CoinEx introduces native token CET. a
7/2018: CoinEx outperformed the most significant exchanges on the time

2019:

5/2019: By way of wallet began
September 2019: CoinEx turns into one of the wealthiest administration platforms on this planet
11/2019: CoinEx Chain, the world’s first devoted public high-performance chain, was based

In 2020:

January 2020: CoinEx launches international ambassador program
5/2020: ViaBTC Group was formally established, together with your complete ecosystem of mining swimming pools, wallets, exchanges, and public chains.

2021:

March 2021: CoinEx implements international enlargement technique
May 2021: CoinEx Smart Chain Testnet goes stay
6/2021: CoinEx Smart Chain has formally launched Mainchain, and OneSwap is the primary class on CSC

CoinEx Exchange verification

CoinEx could also be a trade with many successes with numerous merchandise and ecosystems that meet necessary wants within the cryptocurrency market. In addition, CoinEx has a fee program of as much as 40%. If you invite pals to trade on CoinEx, you may get as much as 40% of the transaction price for the referral bonus, and the transaction charges on the trade are very engaging when doing transactions. However, the CoinEx trade will face many competitors from different leading exchanges, so the quantity of customers on the work is probably not excessive but requires additional improvement steps and improved services. Stay tuned for the subsequent developments on this trade!