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CoinEx.com Cryptocurrency Exchange Review
CoinEx.com IS NOT A SCAM. It was founded in December 2017, CoinEx is a global and professional digital coin exchange service provider. The CoinEx core team are from world leading internet and finance companies, including the earliest adopters/professionals of cryptocurrency who boast rich experience in R&D, global operations and services in the industry. With its proprietary trade matching system and excellent user experience, CoinEx is dedicated to building a highly secure, stable and efficient digital coin exchange for global users. CoinEx now supports multiple languages and are providing global trading services in nearly 100 countries/regions. The exchange features a trade-driven mining model; this is a feature – where CoinEx Tokens (CET) are issued to users instead of simply returning transaction fees. CET is CoinEx’s token that is distributed in accordance with their trade-driven mining model.
What is "Trade-driven Mining" and "Income Dividend"
Trade-driven Mining (or "Mining")
From 0:00 July 1st, 2018 (UTC), CoinEx will adopt a "Trade-driven Mining" method to release 3.6 billion CET for free allocation to CoinEx users. We will calculate 100% of our transaction fee income into CET against the real-time rate and give them away to all traders proportionately to their trading volume.
From 0:00 July 12th, 2018 (UTC), the definition of Mining Difficulty will be modified from “The upper limit of CET for hourly mining yield per account” to “The upper limit of every share of locked CET (10,000 CET per share) for hourly mining yield per account”.
The more CET you lock, the more CET reward you can mine in Trade-driven Mining.
Your difficulty = Your Locked CET / 10,000 * Basic difficulty
* To balance daily CET yield, CoinEx will readjust “Basic difficulty" at 0:00 (UTC) every day based on earnings and difficulty of the last day.
E.g. The basic difficulty is 100 CET per share per hour and the amount of your locked CET is 1,000,000.
In this case, YOUR difficulty = 1,000,000/10,000*100 CET/hour=10,000 CET/Hour
Alt Coins Available For Trading:
Note: All pairs trade with USDT, BTC, ETH, & BCH
BTC, ETH, BCH, USDT, BBN, BTM, BTV, CARD, CDY, CET, CTXC, DASH, DCR, DOGE, EOS, EOSDAC, ETC, HSR, HYDRO, KAN, LFT, LOOM, LTC, MT, NANO, NASH, NEO, OLT, OMG, QTUM, RHOC, SC, SEER, TRX, VET, VITE, WINGS, XMC, XMR, XMV, XRP, ZEC, ZIL, ZRX
Deposit & Withdrawl Types:
BTC, ETH, BCH, USDT, BBN, BTM, BTV, CARD, CDY, CET, CTXC, DASH, DCR, DOGE, EOS, EOSDAC, ETC, HSR, HYDRO, KAN, LFT, LOOM, LTC, MT, NANO, NASH, NEO, OLT, OMG, QTUM, RHOC, SC, SEER, TRX, VET, VITE, WINGS, XMC, XMR, XMV, XRP, ZEC, ZIL, ZRX
Market & Limit Orders
Super Easy Instant Buy & Sell Feature
Maker-Taker Trading Fee Schedule:
Maker: 0.1%
Taker: 0.1%
Maker：Market makers are those who are willing to buy or sell at a certain price. They provide the gasoline/depth for the market.
Taker：Market takers are those who actively look for a suitable published proposed buy/sell trade and accept it. They step on the pedal so that the gasoline is used up.