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CoinMex Review

12

·

Terrible

Revainrating 1.5 out of 5  
Rating 
1.3
Crypto Exchanges

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Description of CoinMex

CoinMex is an innovative digital asset trading platform serving as blockchain infrastructure to facilitate the implementation of various blockchain projects, was recently launched. Driven by products and technologies, CoinMex provides professional, effective and comprehensive one-stop solutions for digital asset trading, exerting a positive impact on the blockchain industry.

Reviews

Global ratings 12
  • 5
    1
  • 4
    1
  • 3
    0
  • 2
    2
  • 1
    8

Type of review

Revainrating 1 out of 5

It has suspended traditional trading operations

CoinMex is said to have been established in Seychelles and registered in Belize (main link). With that in mind, the trade was launched in 2018. Trade offers to exchange one exchange, but the trade did not have any confirmed impact on Derivatives exchange, one OTC exchange, Margin exchange or exchange effect. Adequate trading information can be limited to CoinMex. CoinMex, however, does not accept paid stores. This means that new digital financial backers (i.e., financial backers who do not have

Pros
  • The exchange has recently begun
Cons
  • This exchange is no longer supported

Revainrating 1 out of 5

Coinmex; no admittance to the site about a year now

Trades are fundamental apparatuses for exchanging and making crypto ventures and following your resources. They ought to have the option to give fast exchanges, speedy trading, low exchanging expenses and withdrawal charges, just as a decent security affirmation for people groups resources. A ton of items are arising ordinary and each with their remarkable highlights and innovation. To have the option to settle on the right decisions, postponing your requirements and picking the best one

Pros
  • The trade had totally an extremely cutthroat exchanging expenses and withdrawal charges, extremely low.
Cons
  • The site isn't open any more which show that they have shut down

Revainrating 2 out of 5

Coinmex; no access to the website about a year now

Exchanges are essential tools for trading and making crypto investments and tracking your assets. They should be able to provide quick transactions, quick swapping, low trading fees and withdrawal fees, as well as a good security assurance for peoples assets. A lot of products are emerging everyday and each with their unique features and technology. To be able to make the right choices, tabling your needs and choosing the best one which suits you is the most important thing to do Coinmex is an

Pros
  • The exchange had absolutely a very competitive trading fees and withdrawal fees, really low.
Cons
  • The website is not accessible any longer which indicate that they have closed down

Revainrating 1 out of 5

Coinmex failed the the cryptocurrency exchange community.

An exchange is suppose to handle fast transactions, transactions fees, trade efficiency and lots more. If a platform cannot provide a good development that can handle the sustainability of a platform, the platform can be rest assured the chance of it going out of standard is high. Coinmex exchange is one of those platforms that provides no or little progressive information about themselves, it is very hard to even acces the platform which has made it very difficult to be handled by user's. I…

Pros
  • Not supportive.
Cons
  • Poor accessing.
  • Not a recommended platform.

Revainrating 1 out of 5

Coinmex exchange.

Recently i have decided to make More research on new exchange project to find a well oriented and organized platform which will be able to support user's with better transactions fees, expecialy new ones because most rated exchange have increased their transaction fees it seriously depreciating the the way most user's make transactions. Then I saw coinmex exchange platform and decided to make a research if it was a supportive platform for investors, I tried visiting the site to find a good…

Pros
  • No Advantage
Cons
  • Invalid URL
  • No support from any developers
  • Supplied no information to back the project.

Revainrating 1 out of 5

CoinMex Is Currently Out Of Service

TThe cryptocurrency exchange platforms have been in existence for long and many others are still coming up. The rate at which these companies are springing up makes it evident that the market is a very competitive one. Through out today, I've been reviewing exchanges that have closed down due to one reason or the other and I've been noticing some things that seem to be common amongst these types of companies: most of these companies that have closed down seems to have been established in the…

Pros
  • They seem to have no positive side as they are not functional
Cons
  • The company is not functional currently

Revainrating 2 out of 5

Coinmex Has Been Shutdown

Coinmex exchange caught the attention of most traders due to its low flatfee of 0.05% ,this is 5times lower than the industry's average but not the lowest because I have once come across an exchange with a trade of 0.01% , but what still makes Coinmex different from other exchange that charge such a low fee is that their withdrawal fee is also very low and its 0.0004BTC to be precised unlike some other exchange with low maker and taker fee and high withdrawal fee. It is very sad to know that

Pros
  • Low flat fee
  • Low withdrawal fee
Cons
  • It has stop all trade transaction

Revainrating 1 out of 5

No support is offered on this exchange any longer

With the headquarters in Belize, Coinmex happens to be a digital assets trading platform that seeks to provide a safe, fast, Reliable and convenient platform where traders can easily trade their cryptocurrencies. While active, the exchange had a decent number of trading markets of which most coins were traded USDT, BTC and ETH. Well, there's no information concerning the daily 24 hour trading volume nor the daily price increase for every coin traded on the exchange. I wasn't particularly…

Pros
  • The trading fee in this exchange was low
Cons
  • The exchange is not accessible for trading
  • The exchange has a 24 hour trading volume of $0

CoinMex is a centralized exchange which was reportedly founded in Seychelles but registered in Belize (a big conspiracy). Well, the exchange was launched in 2018. The exchange clearly offers spot trading but there was no form of confirmed information as to whether the exchange offered Derivatives trading, OTC trading, Margin trading or even leverage trading. Inadequate information about the exchange, might lead to a limited review on CoinMex. The exchange offered support via email ticket…

Pros
  • The exchange was recently launched
Cons
  • There is no much information about the exchange
  • The exchange seem to be inaccessible

Revainrating 1 out of 5

Shutdown or disappeared, CoinMex is no longer functional

First of all, CoinMex has an inaccessible URL, so majority of my review is going to be about my personal research on the Exchange. CoinMex exchange claims to be developed by some personnel from Microsoft, Alibaba, Baidu and IBM which is a great indication that CoinMex must have had very good trading interface and well laid out website. The exchange wasn't accessible so I went to check its posts on Twittee but it happened that the excjangevjad its last post on Twitter in 2019 so I had already…

Pros
  • It supports alot of cryptocurrencies
  • The exchange had a great team of developers
Cons
  • The Exchange is no longer functional

Revainrating 5 out of 5

CoinMex is an exchange registered in the Belize.

CoinMex does however not accept any deposits of fiat currency. This means that the new cryptocurrency investors (i.e., the investors without any previous holdings of cryptocurrencies) can’t trade here.

Pros
  • This exchange charges a flat fee of 0.05% per trade.
Cons
  • Different exchanges have different trading views.

Coinmex is overall a very good exchange to trade on. It has many great features that will satisfy a lot of users. I really recommend traders to try out this good one. There are some features to fix but they seem not so important.

Pros
  • - The registration process is quite fast and easy - It has already deployed a native trading app - Its design is very good and well-looked - The volume looks very good and "real" - Withdrawal fees are very low - The number of deposit confirmations is low - Investors can vote for a token to be listed but Coinmex team will research it very hard - Trading section's layout is very good - There are both limit and market orders options - Live chat support is very useful - There are a lot of available languages - They are available on massive social media channels - Trading experience is very good - It's being back by big institutions - The security is very excellent - The affiliate program is available to encourage new users invitation
Cons
  • - Stop-loss function is not available - There are not many trading pairs - Margin is not available