CoinEx Exchange: Understanding the Interface and Trading Process

Cryptocurrency trading can feel overwhelming when you first look at an exchange interface. Charts, order books, different trading pairs—it's a lot to take in. But once you understand the basics, platforms like CoinEx become much easier to navigate.

CoinEx is a centralized cryptocurrency exchange (CEX) founded in Hong Kong back in December 2017. What sets it apart is its focus on both beginners and experienced traders from over 100 countries worldwide. The platform processes an impressive daily trading volume of around $170 million and notably hasn't imposed restrictions on users from various regions.

The exchange offers spot trading, margin trading, and derivatives operations. One of its standout features is the trading terminal's high performance—it can handle up to 10,000 transactions per second, which means your orders execute almost instantly with minimal price slippage.

What Makes CoinEx Worth Considering

Let's talk about the real advantages first. The platform's trading terminal genuinely delivers on speed. When you're trying to catch a price movement, those milliseconds matter. CoinEx processes up to 10,000 operations per second, putting it among the leaders in centralized exchange performance.

For traders who value privacy, there's flexibility here. You can trade and withdraw up to $10,000 daily without going through verification. Not everyone wants to submit identity documents, and CoinEx respects that choice for smaller operations.

The platform has its own native token called CET (CoinEx Token), launched in 2018. 👉 Start trading with lower fees using CET on CoinEx's intuitive platform to reduce your trading costs by up to 30%. This creates a practical incentive for regular users who want to optimize their trading expenses.

Security-wise, there's a Shield Fund—a reserve that covers unexpected losses. The fund grows through trading commissions, with 10% of fees going toward building this safety net. It's not a guarantee against all risks, but it's a layer of protection you don't see everywhere.

The interface supports 16 languages, including full Russian localization. Even customer support responds in Russian, which removes a common frustration for non-English speakers.

Beyond basic trading, CoinEx offers multiple earning opportunities: a financial account (similar to staking), liquidity provision through AMM, auto-investing features, and trading competitions with prize pools.

The Downsides You Should Know

The base trading fee is 0.2%—higher than many competitors who charge 0.1%. If you're trading frequently or with large volumes, this adds up quickly. You can reduce it with CET tokens or VIP status, but out of the box, it's steeper than alternatives.

There are no fiat trading pairs on the spot market. You can only trade crypto-to-crypto pairs. While you can buy cryptocurrency with a bank card through partner services in the Fiat section, this adds an extra step and usually comes with higher fees.

There's no P2P trading option currently available. P2P markets give users more flexibility to set their own terms and often provide better rates for certain payment methods. Its absence limits options for some users.

Trading Conditions and Markets

CoinEx currently offers 1,398 trading pairs across different markets. Here's what's available:

Spot Market handles real-time trading of digital assets with your own funds. Orders match through the order book—straightforward buying and selling at current market prices. This works for both newcomers and professionals.

Futures Market deals with derivative contracts—agreements to buy or sell assets at predetermined prices in the future. These contracts let traders speculate on price movements without holding the underlying asset.

Margin Trading allows you to borrow funds to increase position sizes on the spot market for selected pairs. 👉 Amplify your trading potential with up to 10x leverage on CoinEx for spot trading and up to 100x for futures. Just remember that leverage magnifies both gains and losses.

The trading terminal lives under Exchange → Spot Trading. The interface shows five main sections: pair selection, price chart (with TradingView integration option), order book displaying current buy and sell orders, order entry form, and recent trade history.

Order Types and Flexibility

CoinEx supports four order types:

Market orders execute immediately at the best available price. You only specify the amount—the system handles the rest.

Limit orders wait for your specified price. You set both price and amount. If the market never reaches your price, the order won't fill.

Stop-Market orders trigger a market order when price hits your specified level—useful for entering or exiting positions automatically.

Stop-Limit orders combine stop triggers with limit prices, giving you more control during volatile movements for limiting losses or securing profits.

Fee Structure

Here's what you'll pay:

• Cryptocurrency deposits: 0%

• Spot trading: 0.2%

• Futures trading: 0.03% for makers, 0.05% for takers

• Withdrawals: Varies by coin and network (USDT on TRC-20 costs 1.9, BTC costs 0.00013, ETH costs 0.019)

You can reduce these fees by paying with CET tokens (up to 30% discount) or achieving VIP status. VIP tiers start at 1,000 CET tokens on your balance and go up to VIP 5 at 1,000,000 CET, which drops spot fees to 0.1%.

Security Measures

CoinEx provides two-factor authentication (2FA), login history with IP addresses, anti-phishing codes, and account freeze options. Completing KYC verification increases withdrawal limits to $1,000,000 daily and adds another security layer.

The Shield Fund acts as insurance against unforeseen circumstances, covering potential losses with funds accumulated from trading commissions. The platform also publishes proof of reserves using Merkle Tree methodology—you can verify this data in the Proof of Reserve section.

Getting Started

Registration takes minutes. You'll need an email or phone number to create an account. After signing up, enabling 2FA and linking your phone number strengthens security.

For deposits, you can buy crypto with a bank card through partner services like Mercuryo or Moon Pay in the Fiat section. For crypto deposits, navigate to Assets → Deposit, select your coin and network, then send funds to the provided address.

Withdrawals work similarly: go to Assets → Withdraw, choose your coin, network, destination address, and amount. Confirm with the code sent to your email.

Additional Earning Opportunities

Financial Account functions like staking—you lend idle crypto to the platform and earn passive income. USDT investments can yield around 7% annually.

AMM lets you become a market maker by providing liquidity to pools. You earn from trading fees automatically without active management.

Trading competitions offer prize pools for top performers—check the Promotion → Tradeboard section for upcoming events.

Airdrop Station hosts various airdrop campaigns where you can earn small amounts of cryptocurrency, usually by sharing project information on social media.

Final Thoughts

CoinEx delivers a solid trading experience with standout terminal performance and multiple earning options beyond basic trading. The platform suits both beginners (thanks to the intuitive interface) and experienced traders (who'll appreciate the speed and advanced features).

The lack of mandatory KYC for smaller amounts, proven reserves, and the Shield Fund demonstrate a commitment to user protection. However, the higher base trading fees and absence of P2P trading mean it's not perfect for everyone.

If you prioritize execution speed, appreciate earning options beyond trading, and don't mind slightly higher fees, CoinEx deserves consideration. Just remember—cryptocurrency trading carries risks, and using leverage multiplies those risks significantly.