Home web3.0 Comprehensive introduction to CoinEx exchange

Comprehensive introduction to CoinEx exchange

Aug 22, 2024 pm 12:32 PM
Bitcoin cryptocurrency Ethereum Litecoin exchange cold wallet trading platform

CoinEx is a cryptocurrency exchange established in Hong Kong in 2017 by Wu Jihan, founder of Bitmain Technologies. The platform provides spot and contract trading, as well as mining services, supports multiple fiat currency deposits and withdrawals, and has security features and advanced order types. In addition, CoinEx also provides lending services, fixed income products and Bitcoin mining pools.

Comprehensive introduction to CoinEx exchange

What exchange is CoinEx?

CoinEx is a Hong Kong-based cryptocurrency exchange founded in 2017.

Comprehensive introduction

Background and history:

  • CoinEx was founded by Wu Jihan, founder of Bitmain Technologies, and is its sister company.
  • Launched in 2017, initially focused on Bitcoin trading.
  • Expand to other cryptocurrencies over time, including Ethereum, Bitcoin Cash, and Litecoin.

Platform and functions:

  • Provides spot and contract trading, as well as mining services.
  • Supports deposits and withdrawals in multiple legal currencies, including US dollars, euros and pounds.
  • Has an intuitive and user-friendly interface suitable for both beginners and experienced traders.
  • Provides advanced order types such as limit, market and stop orders.
  • Comes with security features like two-factor authentication and cold wallet storage.

Products and Services:

  • Spot Trading: Supports trading on over 500 cryptocurrency pairs.
  • Contract trading: Provide perpetual contracts and delivery contracts, with leverage up to 100 times.
  • Mining Service: Partnered with Bitmain to provide a Bitcoin mining pool.
  • Lending Service: Allows users to lend or borrow cryptocurrencies to earn interest.
  • Fixed income products: Provide fixed-rate deposit products.

Advantages:

  • Low transaction fees
  • Wide selection of cryptocurrencies
  • Convenient deposit and withdrawal options
  • Safe and reliable trading platform

Disadvantages:

  • Lack of some advanced Features such as margin trading
  • Customer support response times are sometimes slow
  • Restricted to US customers

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