Currencies: 186 (152 fiat & 34 crypto) Countries: 255 PSs & Banks: 332 Exchanges: 325 Offers:
BTC/USD:

Coinex review & testimonials for coinex24.com (07.2020)

Coinex user interface: the home page in English

What is Coinex in a nutshell? It's maybe not the most popular, but well established, exchange service (broker) supporting 3 cryptocurrencies: you can buy and sell coins using 2 fiat currencies (4 banks & payment systems are supported). Exchange service started the business Jul 2016, it serves the clients for a few years.

This service works with a number of currencies, banks, and payment systems. Hence to estimate the fees level we calculated an average fee you'll spend for an exchange here. Based on this number (5.5%) we may say that Coinex charges relatively high fees: 5% — 6% (according to our statistics, 90% exchanges offer lower average fee) and has the high purchase limits available: $112 — $7,499 (in accordance with the statistics we've collected, 84% exchanges allow lower limits for orders). This Broker welcomes customers from 255 countries (including your country: United States!). It serves the US and allows registrations from all the 56 states and territories. Unfortunately we couldn't yet collect enough data about the order processing speed from the customers of Coinex, although according to information we got, the order processing is not fully automated so delays with the funds delivery may happen. You won't need to verify your account to use the services of the Broker, Coinex accepts and welcomes anonymous customers!

Since 2016, Coinex is working hard to get great testimonials from the users. Although, since this Broker was recently added to our price comparison platform, we have no user reviews yet. Maybe you can help? If you have any experience dealing with Coinex, can you please leave your testimonial? It will surely be a great help for us and all the community, thanks!

Based on all these facts, our verdict is the following: Coinex is a promising, although not yet reviewed much by our visitors place to buy and sell cryptocurrencies, an interesting exchange that we believe will get some nice feedback soon!

Overview: is Coinex safe?

Coinex is the Broker; exchange started the business July 2016. Unfortunately, there is not much information available about the company doing business as Coinex, etc.

Answering the question how safe is Coinex:

We are sorry, our platform has't yet collected enough data, but you can help! We know fairly much about this Broker (please continue reading), but our policies require to collect more testimonials from the users of Coinex to draw a conclusion. Do you have any experience dealing with this service? Please add your feedback, this will be a great help! Or maybe you know someone who does? Kindly ask him/her to tell us about it here! We really appreciate your participation.
Time in the business: 3 years 11 months
Business model: no information available

Overall rating for Coinex: N/A
Although we have not collected enough testimonials to assign a rating to Coinex, we can pre-estimate the rating (considering there will be no user complaints) as 90/100.

Pros & Cons of Coinex

Although Coinex is not yet rated by our visitors, common sense tells us it should have both strong sides and some downsides. Let's check it out:

  • Coinex allows anonymous customers, there is no verification required for all the exchange directions.
  • High purchase and withdrawal limits.
  • Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
  • Coinex doesn't hold the clients funds, delivering the funds directly to your wallet.
  • Seems that the exchange operates without any business licenses, etc. Although since it's in the business for over 3 years, it definitely gained trust in the community.
  • Only 3 digital currencies and 2 fiat ones are supported. 4 payment systems and banks are supported: Visa & Mastercard, Yandex Money, Privat24, etc. Another downside is that this exchange does't allow crypto-to-crypto swaps.
  • Brokers are less regulated exchanges, you are basically on your own if you have problems with such a service.

Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at Coinex! Try Coinex today and let us know how you like it!

Services, Coinex Provides

The platform provides the following cryptocurrency exchange-related services:

  • Allows the customers to buy cryptocurrencies with fiat currencies
  • Provides the clients with ways to "cash out" the crypto to fiat currency

As we can see, Coinex doesn't provide any services besides the cryptocurrency exchange, althought it's definitely not a bad thing; after all, we came here for the crypto exchange, right?

Currencies & Payment Systems

Coinex provides the service of buying and selling 3 digital currencies using fiat currencies. The following cryptocurrencies are available to buy/sell: Bitcoin (BTC), Ether (ETH), Tether (USDT).

If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Cryptocurrencies under 1 dollar to invest in 2020.

2 fiat currencies are supported to provide crypto purchase and selling: Russian Ruble (RUB), Ukrainian Hryvna (UAH). The Broker will let you buy and sell Bitcoins and 2 other cryptos using the following payment systems:

  • Visa & Mastercard. An international payment system (available worldwide) allowing credit/debit cards payments in various currencies. Just the UAH payments are available for purchasing cryptos at the exchange. Visa & Mastercard is a popular way to buy BTC and other cryptocurrencies available at 33 exchanges of various types. You are welcome to find the best rate for buying bitcoin with visa & mastercard at our home page!
  • Yandex Money. A local payment system (serving Russia) allowing e-wallet payments in Russian Ruble currency. Just the RUB payments are available for purchasing cryptos at the exchange.
  • Privat24. A local bank (serving Ukraine) in various currencies. Just the UAH payments are available for purchasing cryptos at the exchange.
  • Monobank. A local bank (serving Ukraine) in Ukrainian Hryvna currency. Just the UAH payments are available for purchasing cryptos at the exchange.

Coinex fees

The fees you need to pay at this broker during the process of buying and selling cryptocurrencies are easier to understand if you break it down like that (note that you can skip the details, jumping to the conclusion):

  1. Service/processing fee. Depending on the fiat payment system and currency, it's as follows:
    • 6% when you pay money using Monobank in Ukrainian Hryvna.
    • 5% when you pay money using Privat24 in Ukrainian Hryvna.
    • 5% when you pay money using Visa & Mastercard in Ukrainian Hryvna.
    • 6% when you pay money using Yandex Money in Russian Ruble.
  2. Miners fee. Please note that this fee applies only when you buy bitcoin or other cryptocurrency!
    • 0 BTC: great news! at the moment there is no such a fee!

Are Coinex fees high or low?

Now it's time to draw a conclusion: considering the average fee the exchange changes for an operation we can state that Coinex takes relatively high fees from the customers. According to our statistics, most of the exchanges charges about the same fees Coinex does. For example, an average fee you pay to buy Bitcoin with Visa & Mastercard in UAH across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 7%, Coinex charges 5% for this. A nice opportunity and as you can see, the fee is low enough, especially considering the fact there is no KYC! Hence we know that Coinex fees for certain exchange directions are rather moderate.

Buying and selling limits

This Broker has the following limits, applicable when you buy or sell cryptocurrencies:

  1. Purchase limits (when you buy crypto).
    • ₴2,000 minimal buy and ₴24,600 max purchase when using Monobank in Ukrainian Hryvna.
    • ₴3,000 minimal buy and ₴24,600 max purchase when using Privat24 in Ukrainian Hryvna.
    • ₴3,000 minimal buy and ₴24,600 max purchase when using Visa & Mastercard in Ukrainian Hryvna.
    • ₽5,000 minimal buy and ₽200,000 max purchase when using Yandex Money in Russian Ruble.

And the good news: there are no limits on other payment systems (the limitations the payment system has aside) Coinex supports! Comparing to other exchanges, Coinex has one of highest buying and selling limits on the whole exchange market!

Supported countries

Platform allows the users from 255 countries to use the exchange. The following countries are supported by the broker:

  • Afghanistan (AF)
  • Aland Islands (AX)
  • Albania (AL)
  • Algeria (DZ)
  • American Samoa (AS)
  • Andorra (AD)
  • Angola (AO)
  • Anguilla (AI)
  • Antarctica (AQ)
  • Antigua & Barbuda (AG)
  • Argentina (AR)
  • Armenia (AM)
  • Aruba (AW)
  • Ascension Island (AC)
  • Australia (AU)
  • Austria (AT)
  • Azerbaijan (AZ)
  • Bahamas (BS)
  • Bahrain (BH)
  • Bangladesh (BD)
  • Barbados (BB)
  • Belarus (BY)
  • Belgium (BE)
  • Belize (BZ)
  • Benin (BJ)
  • Bermuda (BM)
  • Bhutan (BT)
  • Bolivia (BO)
  • Bosnia & Herzegovina (BA)
  • Botswana (BW)
  • Bouvet Island (BV)
  • Brazil (BR)
  • British Indian Ocean Territory (IO)
  • British Virgin Islands (VG)
  • Brunei (BN)
  • Bulgaria (BG)
  • Burkina Faso (BF)
  • Burundi (BI)
  • Cambodia (KH)
  • Cameroon (CM)
  • Canada (CA)
  • Canary Islands (IC)
  • Cape Verde (CV)
  • Caribbean Netherlands (BQ)
  • Cayman Islands (KY)
  • Central African Republic (CF)
  • Ceuta & Melilla (EA)
  • Chad (TD)
  • Chile (CL)
  • China (CN)
  • Christmas Island (CX)
  • Cocos (Keeling) Islands (CC)
  • Colombia (CO)
  • Comoros (KM)
  • Congo - Brazzaville (CG)
  • Congo - Kinshasa (CD)
  • Cook Islands (CK)
  • Costa Rica (CR)
  • Côte d’Ivoire (CI)
  • Croatia (HR)
  • Cuba (CU)
  • Curaçao (CW)
  • Cyprus (CY)
  • Czech Republic (CZ)
  • Denmark (DK)
  • Diego Garcia (DG)
  • Djibouti (DJ)
  • Dominica (DM)
  • Dominican Republic (DO)
  • Ecuador (EC)
  • Egypt (EG)
  • El Salvador (SV)
  • Equatorial Guinea (GQ)
  • Eritrea (ER)
  • Estonia (EE)
  • Ethiopia (ET)
  • Falkland Islands (FK)
  • Faroe Islands (FO)
  • Fiji (FJ)
  • Finland (FI)
  • France (FR)
  • French Guiana (GF)
  • French Polynesia (PF)
  • French Southern Territories (TF)
  • Gabon (GA)
  • Gambia (GM)
  • Georgia (GE)
  • Germany (DE)
  • Ghana (GH)
  • Gibraltar (GI)
  • Greece (GR)
  • Greenland (GL)
  • Grenada (GD)
  • Guadeloupe (GP)
  • Guam (GU)
  • Guatemala (GT)
  • Guernsey (GG)
  • Guinea (GN)
  • Guinea-Bissau (GW)
  • Guyana (GY)
  • Haiti (HT)
  • Heard Island and McDonald Islands (HM)
  • Honduras (HN)
  • Hong Kong SAR China (HK)
  • Hungary (HU)
  • Iceland (IS)
  • India (IN)
  • Indonesia (ID)
  • Iran (IR)
  • Iraq (IQ)
  • Ireland (IE)
  • Isle of Man (IM)
  • Israel (IL)
  • Italy (IT)
  • Jamaica (JM)
  • Japan (JP)
  • Jersey (JE)
  • Jordan (JO)
  • Kazakhstan (KZ)
  • Kenya (KE)
  • Kiribati (KI)
  • Kosovo (XK)
  • Kuwait (KW)
  • Kyrgyzstan (KG)
  • Laos (LA)
  • Latvia (LV)
  • Lebanon (LB)
  • Lesotho (LS)
  • Liberia (LR)
  • Libya (LY)
  • Liechtenstein (LI)
  • Lithuania (LT)
  • Luxembourg (LU)
  • Macau SAR China (MO)
  • Macedonia (MK)
  • Madagascar (MG)
  • Malawi (MW)
  • Malaysia (MY)
  • Maldives (MV)
  • Mali (ML)
  • Malta (MT)
  • Marshall Islands (MH)
  • Martinique (MQ)
  • Mauritania (MR)
  • Mauritius (MU)
  • Mayotte (YT)
  • Mexico (MX)
  • Micronesia (FM)
  • Moldova (MD)
  • Monaco (MC)
  • Mongolia (MN)
  • Montenegro (ME)
  • Montserrat (MS)
  • Morocco (MA)
  • Mozambique (MZ)
  • Myanmar (Burma) (MM)
  • Namibia (NA)
  • Nauru (NR)
  • Nepal (NP)
  • Netherlands (NL)
  • New Caledonia (NC)
  • New Zealand (NZ)
  • Nicaragua (NI)
  • Niger (NE)
  • Nigeria (NG)
  • Niue (NU)
  • Norfolk Island (NF)
  • Northern Mariana Islands (MP)
  • North Korea (KP)
  • Norway (NO)
  • Oman (OM)
  • Pakistan (PK)
  • Palau (PW)
  • Palestinian Territories (PS)
  • Panama (PA)
  • Papua New Guinea (PG)
  • Paraguay (PY)
  • Peru (PE)
  • Philippines (PH)
  • Pitcairn Islands (PN)
  • Poland (PL)
  • Portugal (PT)
  • Puerto Rico (PR)
  • Qatar (QA)
  • Réunion (RE)
  • Romania (RO)
  • Russia (RU)
  • Rwanda (RW)
  • Samoa (WS)
  • San Marino (SM)
  • São Tomé & Príncipe (ST)
  • Saudi Arabia (SA)
  • Senegal (SN)
  • Serbia (RS)
  • Seychelles (SC)
  • Sierra Leone (SL)
  • Singapore (SG)
  • Sint Maarten (SX)
  • Slovakia (SK)
  • Slovenia (SI)
  • Solomon Islands (SB)
  • Somalia (SO)
  • South Africa (ZA)
  • South Georgia & South Sandwich Islands (GS)
  • South Korea (KR)
  • South Sudan (SS)
  • Spain (ES)
  • Sri Lanka (LK)
  • St. Barthélemy (BL)
  • St. Helena (SH)
  • St. Kitts & Nevis (KN)
  • St. Lucia (LC)
  • St. Martin (MF)
  • St. Pierre & Miquelon (PM)
  • St. Vincent & Grenadines (VC)
  • Sudan (SD)
  • Suriname (SR)
  • Svalbard & Jan Mayen (SJ)
  • Swaziland (SZ)
  • Sweden (SE)
  • Switzerland (CH)
  • Syria (SY)
  • Taiwan (TW)
  • Tajikistan (TJ)
  • Tanzania (TZ)
  • Thailand (TH)
  • Timor-Leste (TL)
  • Togo (TG)
  • Tokelau (TK)
  • Tonga (TO)
  • Trinidad & Tobago (TT)
  • Tristan da Cunha (TA)
  • Tunisia (TN)
  • Turkey (TR)
  • Turkmenistan (TM)
  • Turks & Caicos Islands (TC)
  • Tuvalu (TV)
  • Uganda (UG)
  • Ukraine (UA)
  • United Arab Emirates (AE)
  • United Kingdom (GB)
  • United States (US)
  • Uruguay (UY)
  • U.S. Outlying Islands (UM)
  • U.S. Virgin Islands (VI)
  • Uzbekistan (UZ)
  • Vanuatu (VU)
  • Vatican City (VA)
  • Venezuela (VE)
  • Vietnam (VN)
  • Wallis & Futuna (WF)
  • Western Sahara (EH)
  • Yemen (YE)
  • Zambia (ZM)
  • Zimbabwe (ZW)

Does Coinex allow the users from United States (US)?

USA flag

Yes, Coinex allows the registrations from the United States! Broker permits the users from 56 states and territories to register at and use the services exchange provides:

  • Alabama (AL)
  • Alaska (AK)
  • American Samoa (AS)
  • Arizona (AZ)
  • Arkansas (AR)
  • California (CA)
  • Colorado (CO)
  • Connecticut (CT)
  • Delaware (DE)
  • District of Columbia (DC)
  • Florida (FL)
  • Georgia (GA)
  • Guam (GU)
  • Hawaii (HI)
  • Idaho (ID)
  • Illinois (IL)
  • Indiana (IN)
  • Iowa (IA)
  • Kansas (KS)
  • Kentucky (KY)
  • Louisiana (LA)
  • Maine (ME)
  • Maryland (MD)
  • Massachusetts (MA)
  • Michigan (MI)
  • Minnesota (MN)
  • Mississippi (MS)
  • Missouri (MO)
  • Montana (MT)
  • Nebraska (NE)
  • Nevada (NV)
  • New Hampshire (NH)
  • New Jersey (NJ)
  • New Mexico (NM)
  • New York (NY)
  • North Carolina (NC)
  • North Dakota (ND)
  • Northern Mariana Islands (MP)
  • Ohio (OH)
  • Oklahoma (OK)
  • Oregon (OR)
  • Pennsylvania (PA)
  • Puerto Rico (PR)
  • Rhode Island (RI)
  • South Carolina (SC)
  • South Dakota (SD)
  • Tennessee (TN)
  • Texas (TX)
  • U.S. Virgin Islands (VI)
  • Utah (UT)
  • Vermont (VT)
  • Virginia (VA)
  • Washington (WA)
  • West Virginia (WV)
  • Wisconsin (WI)
  • Wyoming (WY)

Although the broker doesn't currently provide possibility to pay in the U.S. Dollars, we hope it may change in the future.

Customer service

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the Coinex? Can you please add your testimonial? This will help everyone a lot, thanks!

Verification at Coinex

The broker respects the user privacy and doesn't require verification. You may stay anonymous while using Coinex, whatever exchange direction you need.

This is a rare find these days! You know, most of the exchanges require at least some verification. The absence of KYC policy saves the user time and prevents possible data leaks, we think that many people will appreciate such a possibility while dealing with Coinex!

Deposit/withdrawal speed

According to the data we have, Coinex processes all or most of the orders without an automation; orders require staff attention to be completed. The speed of money transfer varies a lot on such services, so it's good to know the situation here at this exchange.

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the Coinex? Can you please add your testimonial? This will help everyone a lot, thanks!

Is Coinex instant?

So, what can we see? In accordance with the data we know about the broker, orders at Coinex are not instant. Although we don't have enough information about the order delivery speed from actual customers yet, sorry.

Customers' testimonials

There are currently no users testimonials about the Coinex. Do you have any experience using this broker? If you do, please say a couple of words about it!

FAQ about Coinex

Does Coinex holds my funds?

It does not! One of the best things dealing with the brokers is that unlike most of other exchanges, such businesses instantly deliver your funds to your own wallet after the payment clearance.

Is Coinex a good broker?

Although we have not enough users' reviews yet, we analyzed the information we have. Feel free to get acquainted with the details reading this review or just jump to the conclusion!

Is Coinex licensed? Does it hold e-money license?

It is not, and it's hard to even find information about any business registration, etc. Although the cryptocurrency regulation in Russia, CIS and most of the ex-USSR countries has not yet being set, so so almost all such exchanges there are operating like this.

Is Coinex a ripoff?

It is not a ripoff, although we have not rated Coinex yet due to lack of user testimonials, it complies with our standards. Feel free to read the whole this review to understand why or check our conclusion: is Coinex legit or scam.

Coinex vs other exchanges

Let's compare Coinex to other similar exchange services with similar features: others of broker type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!

Coinex vs Changelly

Let's compare the key features of these two platforms to see which one suits you best:

  • Changelly is a broker Coinex is a broker, both are using the same business model.
  • Changelly had started the business December 2013 Coinex started the business July 2016 (Changelly is working for 2 years and 6 months longer time).
  • Changelly has all the required business licenses and permissions Coinex operates without a business registration or there is no information available about it (Changelly's business model is more stable and safer for clients).
  • Besides the digital currencies exchange, Changelly provides no extra services Coinex provides more exchange-related services: it allows us to purchase and sell digital currencies.
  • Changelly doesn't have any fiat currencies supported You'll be able to use 2 fiat currencies to swap with digital ones at Coinex (Coinex supports 2 fiat currencies more).
  • Changelly doesn't allow any fiat payments Coinex allows the user to utilize 4 various fiat payment systems and/or banks (Coinex supports 4 fiat payment systems and banks more).
  • Changelly allows registrations from 242 countries; we are sorry, but United States is not supported this time You may register at Coinex if you reside in one of 255 countries; it serves United States among others (Coinex supports more countries worldwide).
  • Changelly allows the user to be anonymous, there is no account verification, etc. Coinex has no KYC procedures, you can be completely anonymous while exchanging here (Coinex & Changelly require the client to pass through the — more or less — the same process during the verification).
  • Our users left 17 testimonials about Changelly, 94% of which are positive We've collected 2 users testimonials about Coinex, 100% are positive (Coinex has better testimonials from the clients

Although the final decision, which exchange — Changelly or Coinex — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Coinex vs Zank

Let's compare the key features of these two platforms to see which one suits you best:

  • Zank is a broker Coinex is a broker, both are using the same business model.
  • Zank had started the business July 2018 Coinex started the business July 2016 (Coinex operates 1 years and 11 months longer).
  • Zank has all the required business licenses and permissions Coinex operates without a business registration or there is no information available about it (Zank's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Zank provides no extra services Coinex provides the same number of services as Zank: it allows us to purchase and sell digital currencies.
  • Zank supports 1 cryptocurrencies Coinex allows to exchange 3 cryptos (Coinex supports 2 cryptocurrencies more).
  • 5 fiat currencies are available at Zank You'll be able to use 2 fiat currencies to swap with digital ones at Coinex (Coinex supports 3 fiat currencies less).
  • Zank accepts deposits from and allows withdrawals to 21 fiat payment systems / banks Coinex allows the user to utilize 4 various fiat payment systems and/or banks (Coinex supports 17 banks and fiat payment systems less).
  • Zank charges 15% — 16% fee Coinex charges the client 5% — 6% fee, depending on the currency, payment system, etc. (Coinex has lower fees in general).
  • Buying limits at Zank start from $6 and are up to $11,788 Deposit/withdraw limits at Coinex are $112 — $7,499 depending on the payment method (Coinex has lower buying/selling limits).
  • Zank allows registrations from 254 countries; we are sorry, but United States is not supported this time You may register at Coinex if you reside in one of 255 countries; it serves United States among others (Coinex supports more countries worldwide).
  • During the account verification Zank usually asks for 3 documents and/or procedures: (id verification, address confirmation, card verification) and it takes a day or two in most of the cases Coinex has no KYC procedures, you can be completely anonymous while exchanging here (Coinex 's KYC policy requires the customer to take less actions or to provide less data).
  • Our users left 12 testimonials about Zank, 100% of which are positive We've collected 2 users testimonials about Coinex, 100% are positive (Coinex & Zank share the same percentage of positive user reviews).

Although the final decision, which exchange — Zank or Coinex — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Coinex vs Bit4Sale

Let's compare the key features of these two platforms to see which one suits you best:

  • Bit4Sale is a broker Coinex is a broker, both are using the same business model.
  • Bit4Sale had started the business August 2018 Coinex started the business July 2016 (Coinex operates 2 years and 0 months longer).
  • Bit4Sale has all the required business licenses and permissions Coinex operates without a business registration or there is no information available about it (Bit4Sale's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Bit4Sale provides no extra services Coinex provides the same number of services as Bit4Sale: it allows us to purchase and sell digital currencies.
  • Bit4Sale supports 8 cryptocurrencies Coinex allows to exchange 3 cryptos (Coinex supports 5 cryptocurrencies less).
  • 14 fiat currencies are available at Bit4Sale You'll be able to use 2 fiat currencies to swap with digital ones at Coinex (Coinex supports 12 fiat currencies less).
  • Bit4Sale accepts deposits from and allows withdrawals to 8 fiat payment systems / banks Coinex allows the user to utilize 4 various fiat payment systems and/or banks (Coinex supports 4 banks and fiat payment systems less).
  • Bit4Sale charges 5% — 10% fee Coinex charges the client 5% — 6% fee, depending on the currency, payment system, etc. (Coinex has lower fees in general).
  • Buying limits at Bit4Sale start from $50 and are up to $2,000 Deposit/withdraw limits at Coinex are $112 — $7,499 depending on the payment method (Coinex has higher buying/selling limits).
  • Bit4Sale allows registrations from 255 countries; United States is among the supported ones You may register at Coinex if you reside in one of 255 countries; it serves United States among others (Coinex & Bit4Sale support the same number of countries and territories).
  • During the account verification Bit4Sale usually asks for 2 documents and/or procedures: (id verification, phone confirmation) and it takes a day or two in most of the cases Coinex has no KYC procedures, you can be completely anonymous while exchanging here (Coinex 's KYC policy requires the customer to take less actions or to provide less data).
  • Our users left 3 testimonials about Bit4Sale, 100% of which are positive We've collected 2 users testimonials about Coinex, 100% are positive (Coinex & Bit4Sale share the same percentage of positive user reviews).

Although the final decision, which exchange — Bit4Sale or Coinex — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Coinex vs ObmenOM

Let's compare the key features of these two platforms to see which one suits you best:

  • ObmenOM is a broker Coinex is a broker, both are using the same business model.
  • ObmenOM had started the business July 2015 Coinex started the business July 2016 (ObmenOM is working for 1 years and 0 months longer time).
  • ObmenOM operates without a business registration or there is no information available about it Coinex operates without a business registration or there is no information available about it (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides buying and selling cryptocurrencies, ObmenOM provides no extra services Coinex provides the same number of services as ObmenOM: it allows us to purchase and sell digital currencies.
  • ObmenOM supports 5 cryptocurrencies Coinex allows to exchange 3 cryptos (Coinex supports 2 cryptocurrencies less).
  • 3 fiat currencies are available at ObmenOM You'll be able to use 2 fiat currencies to swap with digital ones at Coinex (Coinex supports 1 fiat currencies less).
  • ObmenOM accepts deposits from and allows withdrawals to 5 fiat payment systems / banks Coinex allows the user to utilize 4 various fiat payment systems and/or banks (Coinex supports 1 banks and fiat payment systems less).
  • ObmenOM charges -1% — 0% fee Coinex charges the client 5% — 6% fee, depending on the currency, payment system, etc. (Coinex has higher fees, generally).
  • Buying limits at ObmenOM start from $184 and are up to $20,000 Deposit/withdraw limits at Coinex are $112 — $7,499 depending on the payment method (Coinex has higher buying/selling limits).
  • ObmenOM allows registrations from 255 countries; United States is among the supported ones You may register at Coinex if you reside in one of 255 countries; it serves United States among others (Coinex & ObmenOM support the same number of countries and territories).
  • ObmenOM allows the user to be anonymous, there is no account verification, etc. Coinex has no KYC procedures, you can be completely anonymous while exchanging here (Coinex & ObmenOM require the client to pass through the — more or less — the same process during the verification).
  • Our users left 2 testimonials about ObmenOM, 100% of which are positive We've collected 2 users testimonials about Coinex, 100% are positive (Coinex & ObmenOM share the same percentage of positive user reviews).

Although the final decision, which exchange — ObmenOM or Coinex — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Coinex vs 365cash

Let's compare the key features of these two platforms to see which one suits you best:

  • 365cash is a broker Coinex is a broker, both are using the same business model.
  • 365cash had started the business April 2015 Coinex started the business July 2016 (365cash is working for 1 years and 2 months longer time).
  • 365cash operates without a business registration or there is no information available about it Coinex operates without a business registration or there is no information available about it (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides buying, selling and exchanging cryptocurrencies, 365cash provides no extra services Coinex provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • 365cash supports 7 cryptocurrencies Coinex allows to exchange 3 cryptos (Coinex supports 4 cryptocurrencies less).
  • 3 fiat currencies are available at 365cash You'll be able to use 2 fiat currencies to swap with digital ones at Coinex (Coinex supports 1 fiat currencies less).
  • 365cash accepts deposits from and allows withdrawals to 12 fiat payment systems / banks Coinex allows the user to utilize 4 various fiat payment systems and/or banks (Coinex supports 8 banks and fiat payment systems less).
  • 365cash charges -2% — 5% fee Coinex charges the client 5% — 6% fee, depending on the currency, payment system, etc. (Coinex has higher fees, generally).
  • Buying limits at 365cash start from $89 and are up to $32,491 Deposit/withdraw limits at Coinex are $112 — $7,499 depending on the payment method (Coinex has lower buying/selling limits).
  • 365cash allows registrations from 255 countries; United States is among the supported ones You may register at Coinex if you reside in one of 255 countries; it serves United States among others (Coinex & 365cash support the same number of countries and territories).
  • During the account verification 365cash usually asks for 1 document / procedure: (card verification) Coinex has no KYC procedures, you can be completely anonymous while exchanging here (Coinex 's KYC policy requires the customer to take less actions or to provide less data).
  • Our users left 5 testimonials about 365cash, 100% of which are positive We've collected 2 users testimonials about Coinex, 100% are positive (Coinex & 365cash share the same percentage of positive user reviews).

Although the final decision, which exchange — 365cash or Coinex — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Conclusion: is Coinex legit or scam?

Now it's time to draw a conclusion, is Coinex a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign Coinex a rating, but according to our research it's a good exchange. We have found no evidence that this broker is a scam so it should be save to deal with. Let's summarize what we like most (and what we don't) about the Coinex:

  • There is no information about the business entity, regulatory compliance, etc.
  • The broker doesn't hold customers' funds, instantly delivering monies to your wallet
  • This company has being in the business for a long time; exchange was started 3 years and 11 months ago
  • Exchange supports 3 cryptocurrencies and 2 fiat ones (totally 4 payment systems / banks are available). There are no extra services besides the digital currencies exchange
  • It charges rather high fees: from 5% to 6% depending on the payment method
  • The purchase and withdrawal limits are among the highest: from $112 to $7,499 USD, it depends on a payment system choice
  • Coinex allows registrations from 255 countries; people from United States may use the service
  • You may remain anonymous while using the exchange services. We should add that there are not so many exchanges with no KYC left these days!
  • Clients' testimonials are perfect, 100% (2 out of 2) note their positive experience dealing with Coinex.

Overall rating for Coinex: N/A
Although we have not collected enough testimonials to assign a rating to Coinex, we can pre-estimate the rating (considering there will be no user complaints) as 90/100.