CoinEx: A Professional Global Cryptocurrency Exchange
CoinEx, established in December 2017, is a reputable global cryptocurrency exchange that has gained popularity among crypto traders. With its user-friendly interface, stability, and robust security measures, CoinEx offers a compelling platform for professional cryptocurrency trading, and it stands out by not forcing a KYC (Know Your Customer) process, providing a degree of anonymity that some traders value.
Key Features and Services:
Exchange, Swap, and Spot Trading:
CoinEx boasts a seamless trading experience with a wide variety of cryptocurrencies available for exchange, quick swap options, and simple spot trading.
Margin Trading:
For seasoned traders seeking higher rewards and risks, CoinEx offers margin trading with leverage options. While this can multiply profits, it's essential to approach it with caution due to the potential for amplified losses.
Futures Trading:
CoinEx Futures offers an extensive selection of over 100 market pairs, with various leverage multipliers to choose from. At the time of writing, the platform boasts more than 7 million open positions, indicative of its active trading community.
Strategic Trading Tools:
Provides traders with smart tools to automate and optimize their trading strategies, streamlining the process and potentially enhancing overall returns.
CoinEx Token (CET):
CoinEx Token (CET) is an integral part of the CoinEx ecosystem, offering value-added services and privileges to its users. Initially issued on the Ethereum ERC20 protocol, CET has since migrated to the CoinEx Smart Chain (coinex.org) as its native blockchain, acting as the transaction gas.
One noteworthy feature of CET is the exchange's commitment to buy back and burn tokens regularly. This takes value and price of CET higher over time. Holding CET in your wallet can also have benefits such as the option to automatically pay trading fees with CET, resulting in dedicated discounts on fees.
Security and Safety:
CoinEx ensures transparency and trust through its "Proof of Reserve" feature. This section displays data on the cold wallet storages owned by the company. This provides reassurance to users that the exchange has the necessary funds to fulfill customer withdrawals very fast. Even during high-demand periods.
More importantly, by having access to this information, users can verify that CoinEx does not engage in things like using customer funds to manipulate the market against them.
In conclusion, CoinEx presents a strong option for professional cryptocurrency trading. Its user-friendly interface, extensive range of services, commitment to security, and unique CET token offerings make it a compelling choice for traders seeking a reliable and robust platform. And most important of all, it does not force you to complete KYC process.
