CoinEx is a cryptocurrency exchange (CEX) established in December 2017 by Haipo Yang. The platform provides digital asset trading services, including spot trading, margin trading, and perpetual contracts. The exchange operates a blockchain ecosystem that includes CoinEx Smart Chain (CSC), CoinEx Wallet, and other blockchain-related services. CoinEx also features a native cryptocurrency, CoinEx Token (CET), which functions as a utility token for transaction fee discounts, staking, and governance within the platform. ^{[1] [10] [15]}

Overview

CoinEx provides services in over 200 countries and supports multiple languages. The exchange utilizes a proprietary matching engine to facilitate trade execution and maintain liquidity. Additional features include a referral program, trading competitions, and a VIP membership system with tiered benefits.

CoinEx employs multiple security measures to safeguard user funds and data. The exchange primarily utilizes cold wallet storage, multi-signature protocols, and real-time transaction monitoring. Security features include two-factor authentication (2FA), withdrawal password protection, and an anti-phishing code system. CoinEx has also partnered with security firms, such as SlowMist, to strengthen its cybersecurity framework.

The CoinEx Smart Chain (CSC) is a public blockchain designed for decentralized applications and smart contracts. It operates using a proof-of-stake (PoS) consensus mechanism, offering compatibility with Ethereum’s EVM. CSC enables the migration of Ethereum-based projects while providing lower transaction fees and faster block processing times. ^{[1] [2] [7] [11] [12] [13] [14] [15]}

CoinEx Token (CET)

CoinEx Token (CET) is the platform's native utility token, launched in January 2018. It is used for transaction fee discounts, staking rewards, and governance participation. CET holders can access VIP membership benefits, take part in airdrops, and vote on ecosystem initiatives. The token also serves as gas for transactions on CoinEx Smart Chain. The exchange implements a repurchase and burning mechanism to manage CET’s circulating supply. ^{[4] [9] [11]}

Ecosystem and Services

CoinEx offers various blockchain-related services. CoinEx Wallet supports multiple cryptocurrencies and facilitates asset management. CoinEx Explorer provides transaction tracking and network activity insights. CoinEx Charity is a philanthropic initiative using blockchain for humanitarian projects. The platform also provides financial products such as staking and lending.

A proof-of-reserve system ensures transparency in asset holdings. CoinEx also runs a security bounty program to identify vulnerabilities and mitigate potential risks. An insurance fund is maintained for compensation in case of unforeseen events.

CoinEx offers customer support through multiple channels, including live chat, email tickets, and an FAQ section. The platform provides educational resources covering cryptocurrency trading and security best practices. Mobile applications for iOS and Android enable users to manage accounts and execute trades remotely.

CoinEx operates as a global cryptocurrency exchange with a focus on security, accessibility, and blockchain ecosystem development. The platform continues to expand its services, including the CoinEx Smart Chain and CET token. CoinEx provides digital asset trading solutions while aiming to support the adoption of cryptocurrency and decentralized finance.

CoinEx operates in compliance with regional regulations, adjusting its services to align with local laws. Due to regulatory restrictions, the platform does not offer services to users in specific jurisdictions, including the United States and Canada. The exchange continually monitors regulatory developments to maintain adherence to industry standards and ensure operational transparency. ^{[5] [16]}

P2P Trading

CoinEx supports peer-to-peer (P2P) trading, enabling users to buy and sell digital assets directly with one another. The platform also integrates fiat on-ramp services, allowing users to purchase cryptocurrencies using bank transfers and online payment providers. The availability of fiat transactions depends on regional regulations and third-party partnerships. ^[8]

Partnerships

CoinEx has formed partnerships with various organizations to enhance its security and expand its ecosystem. Collaborations with cybersecurity firms, such as SlowMist, contribute to the platform's security framework. Additionally, partnerships with blockchain projects and financial service providers aim to broaden CoinEx’s service offerings and improve infrastructure.

To promote trust among users, CoinEx implements proof-of-reserve mechanisms that verify the platform’s asset holdings. Regular audits and transparency initiatives provide users with insight into fund reserves, reinforcing confidence in the platform’s financial stability. CoinEx offers tools that allow users to track reserve holdings through blockchain verification. ^{[1] [3] [6]}