Experience What Makes CoinEx So Remarkable.
CoinEx is a robust name within the cryptocurrency sector and is often considered synonymous with privacy while offering a plethora of stablecoins—over 600 in fact. With access to perpetual and spot markets, even margin trading, and all of this coupled with low fees and amazing security, CoinEx has become an all-in-one store for the majority of cryptocurrency traders. For most, its biggest selling point would probably be its lack of mandatory KYC requirements. However, the exchange has a lot more to offer besides that.
What Makes It So Special?
CoinEx comes with every essential feature for beginner and veteran cryptocurrency traders alike. Veteran traders, in particular those who have high requirements pertaining to privacy, will find that CoinEx has everything they could possibly need. With that said, let's look at some of its notable features.
For one, as hinted at earlier, it has a large selection of cryptocurrencies, and not just that, but it is constantly integrating exciting new projects, which go through the several vetting processes it has. Then there are the fees to consider, which are competitively low. Furthermore, CoinEx's fees can be reduced even further if one holds their native token, i.e., CET, or chooses it when paying their fees.
On the other hand, its security is top-notch, which is made even more apparent since it has never experienced any kind of hack. This is due to the fact that it utilizes cold wallet storage and lets its users know if anything suspicious happens on their accounts. Such security is also backed by its proof-of-reserves (PoR) and its 100% reserve rate. Also, with PoR, investors can rest assured that CoinEx actually holds their assets and can cover their withdrawals at any given moment, allowing for more transparency.
As mentioned previously, CoinEx does not make KYC mandatory. All one needs to do is enter their email address, a reliable password, and 2FA, and they're all set to go and can begin trading. Still, for withdrawals exceeding $10,000, you need to get verified. Another thing worth mentioning is that it does not charge any fees for deposits, while withdrawals can incur some fees depending on the blockchain involved. Then there is its detailed Help Center as well, which consists of numerous detailed guides for practically any problem you might be facing, and if by some chance you are not able to find what you are looking for, you can directly contact their customer support.
Final Thoughts
CoinEx can be an excellent crypto exchange for users who are searching for more robust spot trading markets, as well as for margin trading and perpetual futures if they happen to be on the more experienced end of traders. The number of cryptocurrencies that CoinEx supports is enormous and is still gradually growing, which means you'll be able to find a decent collection of low-market-cap altcoins on offer. Then there is the fact that it does not force KYC on its users, which is particularly relevant if they prefer their privacy.
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