About CoinEX

What is CoinEX?

CoinEx is a Seychelles-based crypto exchange founded in 2017 by Haipo Yang, creator of the ViaBTC mining pool. It lists over 1,270 cryptocurrencies, serving mainly beginner and intermediate traders through an intuitive interface offering spot trading, futures (up to 100x leverage), margin trades, staking, and swaps.

The platform features optional KYC verification for privacy-conscious users but remains unavailable in the U.S. due to regulatory restrictions. CoinEx secures user assets via cold storage and transparent proof-of-reserves, supporting traders in 180+ countries with multilingual options.

CoinEx Futures Fee Schedule

CoinEx has tiered trading fees for derivatives, based on VIP levels and market maker rankings. VIP 0 users pay a maker fee of 0.03% and a taker fee of 0.05%. As users move up the VIP levels, fees decrease, with VIP 5 paying the lowest fees: 0.02% for makers and 0.04% for takers.

Market makers with higher trading volumes benefit from further discounts, with the lowest fees available at Market Making Level 5, where makers receive a -0.01% fee and takers pay 0.025%. The actual fees are determined by the lower of the VIP or Market Maker discount.

CoinEx Regulation & Licensing Explained

CoinEx holds regulatory licenses or approvals from FIU (Estonia) and VASP (Poland). It previously held an MSB license from FinCEN (USA) but has since lost it.

Where is CoinEx Available?

CoinEx operates in over 160 countries globally but restricts access to users residing, incorporated, or located in the United States, Canada, Hong Kong SAR, and the People's Republic of China.

The platform supports 17 languages, including English, Chinese, Japanese, Korean, French, Russian, Spanish, and Polish.

Is CoinEx Safe and Legit?

CoinEx is a trusted and safe exchange with over 95% of user funds held in cold wallets using proprietary offline storage, multi-signature protocols, and hardware-level authentication. Hot wallets support fast withdrawals but are protected by MPC-based dual signatures, real-time monitoring, and multi-location backups. CoinEx also enforces 100% Proof of Reserve and maintains a Shield Fund to cover extreme losses.

On the user side, CoinEx offers solid protections: two-factor authentication, support for YubiKeys, IP lock features, and anti-phishing tools. They've also teamed up with cybersecurity firm SlowMist and conduct regular security audits, backed by a dedicated team and oversight committee focused on staying ahead of threats.