Review on CoinFLEX by larei bello
What a nice exchange to trade on !
CoinFlex, also known as Coin Futures and Lending Exchange is a futures trading platform which was established in 2019. Presently, the CEO of the exchange is Mark Lamb. The exchange has a nice and cool trading interface alongside the design of webpage which makes trading easy. The exchange comes in only English and Traditional Chinese, thus has limited its services to only Chinese or Asian Traders. For this exchange, there is no deposit fee for any coin but as for withdrawal fee, the exchange has its charges for different coins apart from Bitcoin, Bitcoincash and FLEX which attracts a zero withdrawal fee. The exchange also has an excellent customer support service. The exchange has a live chat session and an active telegram group where you can always reach out to the admin for further clarification of your complaints. The fees in this exchange are very cheap and way below the industry standard, for spot trading, there is a fee of 0.02% for makers and 0.07% for takers while for contract trading, there is a 0.01% fee for makers and 0.04% for takers. This has greatly influenced the liqudity of this exchange, though limited number of cryptocurrencies are traded in the exchange. Perfect!
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Pros
- The exchange has an excellent Interface
- Tue fee structure is very low
- The exchange is liquid
- CoinFlex exchange has its own token, FLEX
- The exchange allows for futures and spot trading
Cons
- None
