CoinEx Token (CET) (founded December 2017) is a global Ethereum-based cryptocurrency exchange service provider with a proprietary trade matching system.

Aims/Uses of CoinEx token

CoinEx Chain aims to create a decentralized trading system (CoinEx DEX) that is governed by the community. It aims to develop an ecosystem with 3 public chains: DEX Chain, Smart Chain, and Privacy Chain. These three chains focus on trading, smart contract, and privacy respectively to create a decentralized public chain ecosystem.^[1]

CET can be used in the following scenarios;

1. Discounts on trading fees and used to purchase value-added services on CoinEx.

2. Pay for trading fees in CoinEx Chain.

3. Initiate and vote on proposals.

4. CET holders can participate in staking on the CoinEx Chain.^[2]

Overview

CoinEx Chain is a public chain that launched its mainnet in November of 2019. CoinEx Token (CET) is an official value-added services and privileges scheme based on CoinEx exchange platform. ^[3]

The token is issued on Ethereum ERC 20 protocol and will be launched on a public CoinEx Chain in the future. The total CET supply is fixed at 10 billion. CET represents exclusive services and privileges on CoinEx.com and can be used in diversified scenarios. ^[4]

CoinEx Token (CET) is a token based on Ethereum blockchain. CoinEx Token is listed on 1 exchange with a sum of 7 active markets. ^[5]