Global Cryptocurrency Exchange CoinEX Reliability

CoinEX is an overseas cryptocurrency exchange based in the United Kingdom. Established in December 2017 based in Hong Kong. Currently based in the UK. CoinEx handles 139 types of virtual currencies. The number of cryptocurrency pairs handled is quite abundant with 353 types, so traders will not be inconvenienced. CoinEx’s Maker Taker fee is as low as 0.1%. It is cheaper than other companies, so I recommend it. CoinEx is also the world’s first exchange that uses Bitcoin Cash as its key currency.

Company information

CoinEX is a cryptocurrency brand operated by COINEX TECHNOLOGY LIMITED. The cryptocurrency trading service will be available in 2017, and it is still an emerging company.

License

A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is he licensed for CoinEX?

Whether or not withdrawal is refused

It will be the most worrisome place for traders who actually trade. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. What about CoinEX, as some companies run away at worst? The patterns of withdrawal refusals from past cases are summarized below.