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CoinEx Review 2026: Spot, Futures and Earn on a CEX

CoinEx is a centralized crypto exchange operating since 2017, offering spot, margin and futures trading, plus Earn products.

By the DappsAtlas editorial team · Updated

DappsAtlas score

—/10

Not rated

Our verdict on CoinEx

CoinEx suits traders who want one centralized exchange covering spot, margin, futures and Earn, with a long operating history since 2017 according to its own site. Its main strength is the breadth of products and programs. The main caveat is that fees, licensing and KYC details are not, and funds are held in custody. Check the fee page, local legality and the Proof of Reserve page before depositing.

Score breakdown

How CoinEx scores

Security
n/a
Ease of use
n/a
Fees
n/a
Features
7.5/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is CoinEx?

CoinEx is a centralized cryptocurrency exchange that says it has operated since 2017 and serves more than 10 million users. Its DefiLlama description reads "A Crypto Exchange for Everyone, the Way to a Barrier-Free Crypto World."

The platform covers spot, margin and futures trading, an Earn section, fiat and P2P crypto purchases, and CoinEx Pay. It also runs programs for market makers, brokers, referrers and creators, and lists new tokens through an application process.

DefiLlama tracks the exchange in its CEX category, with about $17.5 million in tracked on-chain assets across Bitcoin, Ethereum, Tron and Starknet. That figure fell 9.4% over seven days. The exchange has its own token, CET.

the public information available here do not cover fees, licensing, supported countries or KYC rules, so this review is limited to what the homepage and DefiLlama show.

How CoinEx works

CoinEx is a centralized exchange. Users create an account, deposit crypto or buy it through fiat or P2P routes, and trade on order books run by the exchange. Funds are held in the exchange's custody rather than in the user's own wallet.

The homepage describes a high-speed matching engine, which pairs buy and sell orders. Beyond spot trading, it offers margin and futures, which let traders use borrowed funds or contracts to gain more exposure, at a higher risk of loss.

DefiLlama tracks about $17.5 million in on-chain assets tied to the exchange across Bitcoin, Ethereum, Tron and Starknet. That figure comes from wallet tracking and does not describe the full balance sheet. The exchange also links a Proof of Reserve page.

7 features

Key features

01

Spot, margin, futures

The homepage lists spot, margin and futures trading, so users can trade directly or use leverage on one platform.

02

Earn products

An Earn section is listed in the navigation. The project does not describe its products, rates or terms.

03

Fiat and P2P purchases

The site offers Buy Crypto pages for BTC, ETH, SOL, XRP, DOGE, CET and USDT, plus a fiat and P2P route.

04

CoinEx Pay

CoinEx Pay is listed among the products. Public sources give no details on how it works.

05

Proof of Reserve page

The site links a Proof of Reserve page and a Security Solutions page for users who want to review its asset-backing and security claims.

06

Mobile apps

Apps are offered for iOS and Android, with App Store, Google Play, Galaxy Store and APK download options.

07

Pro and partner services

Market Maker, Broker, API, Referral Reward, Ambassador, VIP and Creator Program pages suggest products for professional and affiliate users.

Pros and cons

What we like

  • Offers spot, margin and futures trading plus an Earn section on one platform.
  • Operating since 2017 according to the homepage, which is a longer track record than many newer exchanges.
  • Publishes a Proof of Reserve page and a Security Solutions page.
  • Mobile apps are available for iOS and Android, including an APK and a Galaxy Store option.
  • Offers API access, VIP tiers and market maker and broker programs for active traders.

Watch out for

  • No fee figures appear, so costs must be checked on the exchange's fee page.
  • Licensing and regulatory status are not stated publicly, which matters for users in regulated markets.
  • KYC requirements are not described publicly, so access and withdrawal limits are unclear.
  • DefiLlama lists no audits, and a centralized exchange's reserves depend on trusting the operator.
  • The CET exchange token adds exposure to a single-issuer asset if users hold it for discounts or rewards.
  • Reported on-chain assets fell 9.4% over seven days, a reminder that balances on an exchange can move quickly.

CoinEx fees

The project does not publish specific trading, deposit or withdrawal fees. The homepage links a Fees Standard page and a VIP program, which is where users should check current maker and taker rates and any tier discounts.

The exchange also has its own token, CET, with an About CET page. Whether holding it affects fees is not stated publicly, so verify that on the official site.

Is CoinEx safe?

CoinEx is a custodial exchange, so users rely on the operator to hold assets safely and honor withdrawals. The homepage links a Proof of Reserve page and a Security Solutions page, and the meta description mentions multi-dimensional security. The project does not include audit reports, and DefiLlama lists zero audits.

The project does not state a license, regulator or jurisdiction, and they do not mention any past security incidents, so neither can be assessed here. Check the Terms of Service and the Official Verification page, and use only official links. Do not hold more on an exchange than you are prepared to lose, and be careful with leverage products.

6 steps

How to get started with CoinEx

  1. 1

    Confirm that using a crypto exchange is legal where you live, and read the Terms of Service.

  2. 2

    Open the official site or one of the official app store listings, and check the Official Verification page to avoid imitation sites.

  3. 3

    Sign up and complete any identity checks the platform asks for, as the project does not describe KYC rules.

  4. 4

    Review the Fees Standard page and any withdrawal limits before depositing.

  5. 5

    Enable the available account security options, such as two-factor authentication.

  6. 6

    Start with a small deposit or purchase to learn the interface before trading larger amounts, especially on margin or futures.

Who CoinEx is for

CoinEx is aimed at retail and active traders who want access to many assets, derivatives and a mobile app on one exchange. It also targets market makers, brokers and affiliates through dedicated programs. Beginners can start with the Newcomer Zone, but should avoid margin and futures until they understand the risks.

CoinEx FAQs

What is CoinEx?

CoinEx is a centralized cryptocurrency exchange. Its homepage says it has operated since 2017 and is trusted by more than 10 million users, which is the exchange's own claim.

What can you do on CoinEx?

The homepage lists spot trading, margin trading, futures trading, Earn, fiat and P2P crypto purchases, and CoinEx Pay. It also lists services for market makers, brokers and referral participants.

What is CET?

CET is the exchange's own token, listed on DefiLlama. The homepage has an About CET page and a Buy CET option. The project does not describe its utility in detail, so read the About CET page first.

Is CoinEx safe?

The homepage links a Proof of Reserve page and a Security Solutions page, and the meta description mentions multi-dimensional security. The project does not include an independent audit or third-party attestation, and DefiLlama lists no audits. Treat it as custodial and do not keep more than you can afford to lose.

What are CoinEx's fees?

The project does not give fee rates. The homepage links a Fees Standard page and a VIP program, so users should check current rates there before trading.

Is CoinEx available in my country?

The project does not state which countries are supported or restricted, or what KYC rules apply. Check the Terms of Service and the help center, and confirm that crypto trading is legal where you live.

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How we checked

Sources

  1. 1.defillama.com/protocol/coinex

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