CoinEx

A Hong Kong exchange operating since 2017 has never encountered any force majeure situations, which allows it to inspire trust. For me, the main advantage is the speed of transaction processing. The exchange effectively handles a large volume of transactions, even though its turnover isn't that high. This means that orders are executed instantly. It's also convenient for BTC transfers, which are processed quickly and at low prices. In terms of security, everything is top-notch. You can withdraw your assets at any time without any issues, and their protection is ensured by cold wallets and two-factor authentication. Trading is also at a good level. The only downside is dealing with cryptocurrency-to-cryptocurrency pairs and the limited selection of markets. But for me, as a fan of liquid assets, this is quite acceptable. One of the features of the exchange is the possibility of mining. I don't participate in it myself, but the fact itself is impressive. Among the drawbacks, besides the mentioned pairs and the absence of fiat currencies, one can note the lack of some trading tools and altcoins. But there is no perfect exchange. I trade successfully here, mainly through the web terminal, but I also often use the mobile app for iPhones.

Date of experience: окт 11, 2024

The platform has an Asian focus and insufficient localization. The Russian version is available, but the translation leaves much to be desired: some sections are not translated, and on the main pages, you can find sloppy translations. The interface is quite simple, so beginners can start trading. It uses the interactive TradingView for trading, which allows for effective analysis of available tools. Trades can be opened in three ways: market orders, limit orders, and stop limits. Fiat currencies are not available on the platform, so the pairs correspond accordingly, and trading is conducted in popular markets like BTC, ETH, USDT, and others. The exchange has low trading volumes, making it impractical to work with small tokens; liquidity is low, and trading volumes are almost nonexistent. When considering liquid pairs, there isn't much difference between exchanges. This exchange lacks long-term prospects, so I do not trade on it. I conducted a few trades to check the speed of order execution (which is fine) and the overall functionality of the platform. I only recommend it to beginners.

Date of experience: июн 14, 2025

For some unknown reason, the VLX deposit has stopped functioning, and the money sent to the exchange has been in limbo for 10 days. Customer support responds vaguely with bots. It is obvious that the "frozen" funds are involved in questionable schemes. No clear answer has been provided regarding the timeline for the return. I no longer plan to use this platform and do not recommend it to others.

Date of experience: ноя 17, 2025

A wonderful exchange with a large selection of coins, deposits and withdrawals are always processed on time. If I have questions, I reach out to their Telegram chat and always get a response. Additionally, there are many events happening on the exchange right now, including ones specifically for users from the CIS. Every Friday, I participate in a free token giveaway in the Russian-speaking Telegram group.

Date of experience: май 02, 2024

An average exchange in terms of level. Although it doesn't reach the top global platforms in terms of turnover, the liquidity in the areas I need is quite good here. There are quite a few directions since the exchange supports a large number of coins. I trade on the spot market, where I can open trades with USDT, USDC, BTC, and BNB. Fiat, in the traditional sense, is absent (only buying/selling through payment partners like Simplex). The exchange also has its own token, SET, which is currently trendy. Its main benefit lies in reducing fees, as trading at the standard 0.2% per order isn't very profitable. Fees can be reduced by increasing trading volume. The interface is user-friendly, and deposits and withdrawals go smoothly. Throughout my time trading here, I haven't noticed any negative aspects.

Date of experience: авг 26, 2025

I have been trading for about a year, mainly on the spot market, but futures and other instruments are available for enthusiasts. There is also the option for quick token swaps and purchasing them with fiat. This exchange is not a scam, and withdrawals go smoothly. It has all the necessary features – a wide variety of coins, diverse markets, a convenient terminal, and several types of orders. The fees are high, but they can be significantly reduced when investing in the exchange token. The web terminal is more convenient for trading than the mobile app. However, I have both the app and the web terminal, and a few times on the road, I used the app for profitable trades. As a quick tool, it works well, but it's not the best solution for regular trading.

Date of experience: авг 13, 2024

I tested the platform with a minimal deposit. Nothing particularly impressed me — for me, it's a weak platform. I decided to leave. Guess what happened? That's right! When I tried to withdraw my money, I encountered "technical difficulties" — the payment got stuck. It seems like forever. The amount is small, so I don't really mind. I couldn't find a way to contact customer support (and I'm not even sure if there's Russian-speaking support). I also couldn't resolve the issue in the chat.

Date of experience: июл 22, 2024

The deposit is stuck. The application has been under review for 4 weeks. I do not recommend even trying to get in touch. There is a risk of losing money. Technical support does not respond. Sending emails is pointless. It seems I have gifted these people $400. I repeat - it's better to use other exchanges. It has been more than three days, and there is still no money in the account.

Date of experience: мар 30, 2026

If you are just planning to go there and hope for easy enrichment, it's not worth it! First, you will have to go through account verification for 100,000, and then invest another 350,000-500,000 for the so-called "Status" to be able to withdraw large amounts. If you are not a hidden millionaire who can do this, then it's not even worth trying to go there! Moreover, after investing 350,000-500,000, you will need to add about 50,000 more to "finally" complete the process, and only then you will be "allowed" to withdraw money.

Date of experience: дек 25, 2025

The withdrawal funds did not arrive. Instead of solving the problem, they referred me to the police. Meanwhile, the support team claimed that the money was safe. In the end, they say to figure it out yourself. How is this possible if everything is done through their program? There is simply no security service and support with an adequate approach to work.

Date of experience: дек 18, 2024