What is CoinEx exchange? Instructions for using CoinEx exchange from A – Z (2021)

What is CoinEx exchange?

CoinEx is a centralized exchange (CEX) is registered in Hong Kong, Haipo Yang is the co-founder and CEO of CoinEx.

In addition, the core members of CoinEx come from the world’s leading internet and financial companies, including the earliest adopters and crypto experts who have rich experience in various industries. global operations and services in the industry.

Currently, CoinEx supports many languages ​​such as Chinese, English, Japanese, Korean, Russian,… and is providing global trading services in more than 100 countries and regions.

As such, here are some basic information and an overview of the CoinEx exchange:

  • Name: CoinEx.
  • Form: Cryptocurrency exchange.
  • Established year: 2017.
  • Founder: Haipo Yang
  • Website: http://www.Coinex.com/

CoinEx Review – CoinEx Review

Advantage

Some advantages of CoinEx exchange can be mentioned as:

Currently supporting more than 300 Coins & Tokens over 600 trading pairs: Almost all Altcoins that you want to trade are available on CoinEx exchange.

Multi-language support: CoinEx supports many languages ​​such as Chinese, English, Japanese, Korean, Russian,… and is providing global trading services in more than 100 countries and regions.

Bonus program up to 40% commission: Invite friends to trade on CoinEx can get up to 40% back of transaction fees for Referral Reward.

Relatively large ecosystem: In addition to CEX, CoinEx also has CoinEx Smart Chain similar to BSC for DeFi development.

There are various types of transactions for users to use: Users can trade spot, margin, OTC or P2P on CoinEx exchange.

Defect

Cex lacks liquidity and has Fake Volume phenomenon: the trading volume in the last 24 hours is only in the range of $130M and the trustcore is from Coinecko low (signal for Faker volume).

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The ecosystem is large, but there are no users: Although the ecosystem is relatively large, but due to a small user base and strong competition from other major Exchanges, CoinEx develops quite slowly.

CoinEx Ecosystem

CoinEx CEX: The exchange focuses on crypto-assets and Blockchain, with many transaction forms such as CoinEx Margin, Future, P2P, etc.

CoinEx Smart Chain (CSC): Similar to CoinEx’s BSC.

viawallet Wallet: Multi-chain & Multi-cryptocurrency Wallet, CoinEx’s crypto wallet.

OneSwap: Decentralized exchange (DEX) with native token, ONES, provides users with features such as swap, trade and liquidity.

Instructions to register for CoinEx exchange

First, visit CoinEx’s website at: www.coinex.com/register

Then select the language as Vietnamese in the top right corner to facilitate the use process.

Enter the following information: Email, password and referral code (if any). Then click on “I agree…” and press “Registration“.

After that, CoinEx will send a confirmation email with the account verification code, enter the 6 digits in the email into the 6 boxes in the box. Email verification code on CoinEx, so you have successfully registered for a CoinEx exchange account!

Instructions for account security on CoinEx

Set up 2FA security

After successfully logging in to CoinEx, access: www.coinex.com/my/info/basic

In section “Security Settings” choose “TOTP Authentication” and press “Link“. The overview process will go through the steps as shown in the picture;

Step 1: You will click “Send codethen go to the email used to register for the exchange and get the 6-digit code to fill in the box above and press “Next step“.

Step 2: Use the Authentication application to scan the QR code provided by CoinEx and remember to write your private key on paper (in case you lose your phone), then press “Next step” is complete.

Here you can use the app Google Authenticator or Authy to create a 2FA key!

Identity Verification – Basic KYC

In section “Basic information“, choose “KYC Verification” and press “Conduct verification“. The overview process will go through steps as shown in the picture;

Step 1: You fill in the relevant information as shown on the required image, then click “Next step“.

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Step 2: Upload relevant documents.

Step 3: Face capture to verify with previously posted documents.

After completing step 3, you have completed KYC of CoinEx exchange. After KYC, you will enjoy the following benefits:

  • Withdrawal limit in 24 hours is 1,000,000 USD
  • Can join the program mining coins, airdrop,…

Instructions for depositing and withdrawing money on CoinEx exchange

Deposit on CoinEx exchange

After successfully logging in to CoinEx, access: www.coinex.com/asset/deposit

In this interface, you choose the type of Coin or token you want to transfer to the exchange and then send the Coin to the address on the exchange.

Note: Please confirm the token protocol (protocol type) before transferring assets, otherwise your deposit will be lost forever and NOT refundable.

Withdraw money from CoinEx exchange

After successfully logging in CoinEx, access www.coinex.com/asset/withdraw

In this interface, you choose the type of Coin or token you want to withdraw to the exchange and then withdraw the Coin to that address.

Note: Please confirm token address and protocol before withdrawing assets, otherwise your withdrawal will be lost forever and NOT refundable.

Guide to Trade CoinEx Spot

To trade CoinEx and buy and sell Bitcoin & Altcoins on CoinEx exchange, please go to www.coinex.com/markets and select the Coin & Token you want to trade.

CoinEx exchange will provide you with familiar orders such as Limit (Limit), Market (Market) and Stop – Limit (Stop – Limit).

To buy/sell coins, you choose the price and quantity click Purchase done.

Basic CoinEx Futures User Guide

To buy and sell Bitcoin and Altcoins on CoinEx, go to www.coinex.com/perpetual and select the Coin & Token you want to trade.

To adjust the leverage, you can click on the “Leverage” and adjust leverage to suit individual needs.

Instructions for placing Stop-Limit orders on CoinEx

The limit order, most of you are familiar with, but the Stop-Limit order is not familiar to most of you to use.

The function of Stop-Limit is to take profits, cut losses or buy more coins without having to sit in front of the computer screen. And an extremely beneficial element of this feature is to help traders hide their buying/selling prices. Especially the Sharks often use stop-limit to release goods to lower the price.

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I will explain a little more about the Stop-Limit feature for those of you who are not clear!

Stop-Limit is working on principle IF … THEN.

That is, if the floor price reaches the Stop level, the system will automatically create a buy/sell order at the Limit price with a certain amount of coins.

Eg: I want to take profit of 100 BTC at 100,000$ but the current price has just reached 45,000$. I will create a Stop – Limit order as shown below.

CoinEx exchange FAQ

How to deal with the loss of 2FA

When you lose 2FA on the CoinEx exchange, you should first check if you have saved the 16-digit Key when activating Google Authenticator.

If you have saved the Key, you just need to re-enter those 16 digits into the app and Google Authenticator will automatically generate a new code for you.

CoinEx exchange will notify via email, asking you to confirm that you are creating a new 2FA. Then, the exchange will ask you to open the CoinEx app on your phone to scan your face as the account verification step above. Just follow the steps step by step.

In case the Key is no longer available, please quickly send a request to CoinEx support at: t.me/CoinEx_Vietnam

How to contact CoinEx exchange support

What is CoinEx Token?

CoinEx Token or CET is an ERC-20 token, built on the Ethereum Blockchain.

Basic information about CET token here.

What does the CoinEx exchange fee include?

1. Transaction fee

CoinEx charges transaction fee when users Spot, Perp, Margin. CoinEx fee rate varies by VIP level and Market Making level. VIP level is dependent on holding CET while Market Making level is based on 30 days trading volume (snapshot will be taken at 0:00 UTC daily).

Users refer to CoinEx transaction fees for details here.

2. Withdrawal fee

Like many other cryptocurrency exchanges, the deposit fee on CoinEx exchange is free. And, withdrawal fees will depend on each coin.

Please refer to the withdrawal fee schedule here.

What is the withdrawal limit?

After successful KYC on CoinEx, users can withdraw up to $1,000,000 per day.

summary

So I introduced you to What is CoinEx and detailed instructions for using CoinEx. If you have any questions about CoinEx exchange, leave a comment at the end of the article and join the group Techtipsnreview Insights Chat to exchange, discuss with admins and many other friends!

Don’t forget to regularly follow (or bookmark) the category Investment Knowledge of Techtipsnreview Insights so as not to miss out on new knowledge, detailed instructions on how to use the exchange, wallet and tools to serve the long-term Crypto investment process!

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Source: What is CoinEx exchange? Instructions for using CoinEx exchange from A – Z (2021)
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