Table of Contents

Exchange review

CEX (Spot), CEX (Derivatives), P2P, Broker Active

CoinEx

Founded 2017 Based in No

Best for

Best for users who want fiat funding, lighter onboarding, and proof-of-reserves visibility.

Summary

CoinEx is a centralized exchange for spot trading, founded in 2017 and based in No. It uses basic identity checks, supports fiat onramps, and discloses proof of reserves.

Quick snapshot

KYC: Basic
Fiat onramp: Available
Support: 24/7 via Live chat and Email, Ticket
Proof of reserves: Assets only
Base fees: 0.03 / 0.05 bps

Brokerate score

92 / 100

The score reflects the published trust, fees, transparency, and support signals we could verify on this profile.

Founded: 2017
HQ: No

Check official site

Use the official site to confirm live fees, regional access, and reserve reporting before funding an account.

Quick evaluation

A fast read on the main decision areas before the detailed profile sections.

Security

6 security controls are listed, including Two-factor authentication and Hardware 2FA.

Fees

Base maker and taker fees are listed at 0.03 / 0.05 bps. Deposit and withdrawal fee policies are disclosed.

KYC & fiat

Basic KYC is listed, fiat onramp is available, and support is listed as 24/7 via Live chat and Email, Ticket.

Transparency

Proof of reserves covers assets but not liabilities. No recent reserve report date is listed.

Pros

Proof of reserves is disclosed.
Fiat onramp is available.
24/7 support is listed.

Cons

Reserve reporting does not include confirmed liabilities proof.

Full exchange details

Overview

Company profile

HQ country

Founded 2017

KYC level

Basic

Fiat support

Available

Access & funding

Support channels

Live chat and Email, Ticket

24/7 support listed.

Proof of Reserves

Assets only

Fee snapshot

0.03 / 0.05 bps

Deposit and withdrawal policy disclosed.

Editorial policy

Transparency

Proof of Reserves

Assets only

Reserve reporting covers assets but does not disclose liabilities.

Assets proof

Yes

Last report: Not listed
Liabilities proof: Not clarified

Method: Merkle tree
Auditor: Not verified

Security & trust

Account protection signals disclosed in the profile and the latest trust context we could verify.

Status: Active
Confidence: 92/100

High-impact protections

4 of 4 higher-impact protections are listed, including Two-factor authentication and Hardware 2FA.

Listed

4/4

Two-factor authentication

Listed in the profile

Yes

Hardware 2FA

Listed in the profile

Yes

Withdrawal whitelist

Listed in the profile

Yes

Anti-phishing code

Listed in the profile

Yes

Additional checks

Session management: Yes
Bug bounty: Yes
Public pentest: No
Insurance disclosed: No

Fees & policies

Trading fee disclosure, tier schedules, and any related policy notes in the profile.

Base maker and taker fees are listed at 0.03 / 0.05 bps.

3 fee policy notes are listed.

Maker fee: 0.03 bps
Taker fee: 0.05 bps

Fee policy details

Deposit fees policy

CoinEx generally does not charge any deposit fees for cryptocurrency transfers. This means that transferring digital assets to your CoinEx account is free of charge. This includes sending cryptocurrencies from a personal wallet or another exchange to CoinEx. Users do not pay any fee for depositing into their CoinEx account. However, the blockchain network fee is applied separately. This fee is charged by the blockchain network when transferring cryptocurrencies. But CoinEx does not charge a platform fee for deposits. 📌 Additional Notes: If the deposit amount is below the required minimum, it may not be credited to your account, and you may need to perform a higher deposit.

Withdrawal fees policy

Withdrawal Fees (Platform Charges) Unlike deposits, CoinEx does charge fees for withdrawals. These fees vary depending on the cryptocurrency being withdrawn and the network used. Each crypto asset has its own minimum fee, which is updated periodically based on network conditions and blockchain costs. Fixed minimum withdrawal fee: Coins and tokens each have a specified minimum fee. Fees depend on the network selected: For multi‑chain tokens (e.g., USDT), choosing a different blockchain (ERC20, TRC20, etc.) results in different fee levels. Fees are updated based on blockchain congestion and transfer cost to ensure the network can process transactions securely.

Fee notes

Actual trading fees may vary by VIP level, market-making level, trading pair, AMM status, and CET fee deduction.

Incidents

Publicly documented incident history in our current dataset.

No publicly documented incidents found in our current dataset.

Absence of incidents in this dataset is not a guarantee of safety or uninterrupted operations.

Product context

Listed product coverage and short editorial background for deeper comparison.

Coverage

Spot trading Margin Futures Perpetuals Staking & Earn P2P OTC Copy trading

Background

Read full background

CoinEx, founded in 2017, is a global cryptocurrency exchange operating as part of the ViaBTC ecosystem. The platform was among the earlier centralized exchanges to introduce Merkle Tree-based Proof of Reserves, allowing users to compare customer balance data with disclosed on-chain assets. This system improves reserve transparency but does not independently guarantee overall solvency, custody security, or uninterrupted withdrawals.

According to CoinEx, the platform serves more than 10 million users across over 200 countries and regions. It supports more than 1,000 digital assets and offers services including spot, margin, and futures trading, automated trading strategies, staking, lending, P2P trading, and other financial products.

CoinEx also uses its native token, CET, within its ecosystem. CET provides benefits such as trading-fee discounts and is supported by an ongoing repurchase-and-burn mechanism.

The platform is generally designed to accommodate both new and experienced traders through a relatively accessible interface and a broad range of services. However, user experiences may vary, and some customers have reported difficulties involving support response times or transaction processing. Here are a few additional details that you need to know:

Fiat Onramp: CoinEx does not operate a direct fiat payment service.Fiat purchases depend on third-party providers, regional availability, fees, and separate KYC requirements.
CoinEx uses a tiered identity verification system. Basic crypto trading may be available without KYC, while fiat services, P2P access, selected promotions, and higher withdrawal limits require verification.
Proof of reserves: On-chain assets and customer balance liabilities through a Merkle Tree.
Customer balance liabilities are included through the Merkle Tree, but broader corporate liabilities are not independently audited or publicly disclosed.
CoinEx was an early adopter of Proof of Reserves. Its Merkle Tree system improves transparency by allowing users to compare customer balance data with disclosed on-chain wallet assets, but it does not independently guarantee solvency, custody safety, or uninterrupted withdrawals.
Contracting entity: Algebraiex Global Limited