How To Start Trading With CoinEx Since It’s Simple And Barrier-Free

Obinnaya 🔔 — Thu, 27 Apr 2023 21:50:52 +0000

Start Trading With CoinEx Now.

It's Simple And Free Of Any Hassles.

In 2022, CoinEx changed the slogan of its brand to "Making Crypto Trading Easier." Seeking to eliminate any financial restraint while making cryptocurrency trading more accessible, CoinEx tries its best to offer its users convenient trading procedures and easy-to-use products. For instance, when upgrading its products, CoinEx aims to convert sophistication into something that can be easily used to support trading and provide more investor-friendly services, thereby aiding cryptocurrency beginners globally in starting their trading with ease.

How to Begin Trading?
To start trading in more than 1,000 markets that CoinEx provides, you will obviously have to sign up and make a deposit first. To register, just head on over to the official website and select the "Sign Up" option in the upper right side. Follow the steps asked of you there, and then you'll need to make your first deposit.

To make a deposit, log in to the account that you just created and select the "Deposit" option from the "Assets" drop-down menu in the upper right corner. Following that, choose the token and your preferred network on the "Deposit" page to acquire your deposit address. On the sending platform, submit a withdrawal and wait until your transaction is verified on the blockchain. The deposit will be automatically credited once it gets enough block confirmations, as specified by CoinEx, and you can then view your deposit records.

Futures Trading
While there are numerous trading options offered by CoinEx, to demonstrate its simplicity, we will briefly look at how futures trading is conducted on its platform.

To start with, CoinEx offers a straightforward and simple page for futures trading. With CoinEx, its futures page provides a clear outlook of market conditions and current orders, helping its users begin trading futures instantly. Secondly, when users trade futures on CoinEx, on either the web or mobile, they can start positions at any given moment, assess the real-time PNL of their existing position, and then close a position with a single click, all of which are simple operations to execute. Not only that, but it also offers KYC-free trading, another option that gets rid of the hassles associated with mandatory KYC procedures, which permeate the cryptocurrency sector.
Help Center

In addition, CoinEx provides an all-encompassing, professional, and localized Help Center, which enables users to dive straight into the various blockchain know-hows and discover how they can trade cryptocurrencies via step-by-step instructions. Via simple, illustrated videos and articles and even simulated futures trades, users may quickly get more acquainted with cryptocurrency futures and other trading features. Moreover, they can also look up definitions of new financial jargon through its Help Center.

Final Thoughts
In the future, CoinEx will not stop enhancing its services or products, allowing it to offer a variety of market choices and simpler trading experiences. And should users get stuck with any of its numerous processes, they can access its extensive Help Center, which has all of their knowledge needs covered.

Why Choose CoinEx?

Obinnaya 🔔 — Thu, 27 Apr 2023 21:45:30 +0000

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.

DEV Community: Obinnaya 🔔

How To Start Trading With CoinEx Since It’s Simple And Barrier-Free

Why Choose CoinEx?