Are you looking to explore the world of cryptocurrency trading but worried about safety? With over $3.8 billion worth of crypto stolen in 2022 and exchanges collapsing, it is a valid concern.

But fear not because CoinEx has got your back. With a firm commitment to user safety and security, CoinEx provides a reliable and easy-to-use platform for traders of all levels.

In this article, we'll explain everything you need to know about CoinEx, including its impressive features and benefits and how you can start trading on the platform today. So let's dive in!

What is CoinEx?
CoinEx is a global digital currency exchange founded way back in 2017 that offers a range of trading functions, including spot and futures trading, mining, AMM (Automated Market Maker), and more.

CoinEx offers various cryptocurrencies for trading, suitable for different types of traders. Whether you're looking to trade major coins like Bitcoin and Ethereum or newer, up-and-coming projects, CoinEx has got you covered. And with no mandatory KYC procedures, CoinEx provides a user-friendly, hassle-free experience for traders who value privacy.

CoinEx also boasts various innovative features, including its proprietary trade matching system and a unique fee structure that rewards users for holding the exchange's native token, CET. The exchange has a dedicated support team available 24/7 to assist users with questions or concerns.

With its safe and reliable trading services, CoinEx has quickly become a popular choice for crypto traders worldwide, boasting over 2 million users across 100+ countries and regions.

Key features
Spot Trading: You can trade over 600 cryptocurrencies on CoinEx's spot trading platform. CoinEx's spot trading platform is straightforward, making it an excellent option for traders of all experience levels.

Margin Trading: CoinEx's margin trading feature allows you to amplify your trading power by borrowing funds to increase your trading position. With margin trading, you can open a larger position than you would usually be able to with your account balance. CoinEx offers up to 10x leverage for most cryptocurrencies, providing traders with ample opportunity to maximize their profits.

Futures trading: CoinEx's futures trading is a popular choice for traders looking to profit from the price movements of a particular crypto. Like margin trading, futures allow you to borrow funds to open more significant positions. While trading features on CoinEx, you can take advantage of both linear and inverse perpetual contracts.

Automated Market Making (AMM): AMM is a unique feature that allows traders to become liquidity providers for a particular trading pair. In return for providing liquidity, traders receive a 50% trading fee dividend. This is an excellent way to earn a passive income while also contributing to the overall liquidity of the platform.

Swap: CoinEx's instant swap feature allows you to exchange one cryptocurrency for another quickly. This feature is convenient for traders who need to make quick trades without the hassle of placing orders on the order book.

Financial: Financial is CoinEx's yield-earning feature, allowing you to earn interest on your deposited assets. This feature is ideal for traders who want to hold onto their assets long-term while earning passive income. With flexible options and competitive rates, CoinEx's financial feature is a popular choice for many traders.

Protecting Your Assets on CoinEx
CoinEx is a platform that takes security seriously and has implemented measures to protect users' private keys. For those who use their decentralized exchange (DEX), the security of private keys is crucial for asset safety. To address this concern, CoinEx supports multiparty threshold ECDSA signatures, a more secure method than regular Shamir secret-sharing (SSS) schemes.

This means that instead of relying on a single point of failure, the private keys are divided into shards and used to compute the final signature. This avoids losing all the private keys at once and dramatically reduces the risk of hackers gaining access to users' assets.

Additionally, using multiparty threshold ECDSA signatures, CoinEx ensures that private keys are kept safe without constantly reconstructing the original private key, which could also pose a risk.

By taking these measures, CoinEx provides users with a bulletproof security system that helps to keep their assets safe from theft and hacking attempts. This level of safety is essential in the cryptocurrency world, where the potential for theft is always present.

In addition to these measures, CoinEx also offers standard security features such as two-factor authentication (2FA) and email notifications for login attempts, further enhancing the security of your account.

With CoinEx, you can rest assured that their assets are protected by a robust security system that always keeps them safe.

CoinEx: UX Comes First
CoinEx is an exchange where user-friendliness comes first. The developer team behind the platform understands that only a few people are familiar with the cryptocurrency industry, so they have dedicated significant efforts to create a welcoming environment for newcomers.

Newbie Zone
The Newbie Zone is one of CoinEx's most significant features that answers all your questions regarding the exchange's functionalities.

In the Newbie Zone, simple explanatory videos can guide you through the exchange's different features. Whether creating an account, depositing funds, or buying cryptocurrencies, the Newbie Zone has covered everything.
Simple Interface

CoinEx has a simple and intuitive interface that even beginners can easily navigate. You won't have to worry about getting lost in a maze of complicated screens and confusing options, which can overwhelm new traders.

CoinEx's streamlined design ensures you can access all the features you need quickly, without any fuss.

Summary
Overall, CoinEx is a top-notch cryptocurrency exchange that offers a range of core features and functions, from spot trading to margin trading with up to 100X leverage. With over 600 different assets, CoinEx provides traders with a broad range of options.

CoinEx's commitment to user-friendliness sets it apart. The exchange offers a Newbie Zone where newcomers can learn through simple explanatory videos and get answers to all their questions and a simple and intuitive interface that even crypto novices can easily use.

So, if you're looking for an exchange that combines security, functionality, and user-friendliness, give CoinEx a try today!