CoinMex - coinmex.com REVIEW, TRADING VOLUME AND PAIRS
CoinMex cryptocurrency exchange draws the attention of users due to a user-friendly interface, high-quality support service work, and the ability to trade through a mobile app. Besides, the website provides a referral program, which arouses the interest of investors to the platform. The official website of coinmex.com was translated into English, Japanese, French, Korean, Russian, and Chinese languages.
At the top of the website, there is a standard menu with buttons:
• Help Center
• API Documents
• CT Ecosystem
• CoinMex Union
• Token Wiki
Just below there are Spot and Portfolio menu items. Spot is of primary interest for a trader since it is actually a trading interface with price charts, market overview, order book, and forms for opening orders. In Portfolio, you can track the CMX06 index, created so that investors can diversify their investments in a convenient format.
To sign up on the platform, you need to go to the official website of coinmex.com and click on the Sign In/Sign Up button in the upper right corner. The system will offer you to enter your mobile phone number as the main identifier and come up with a password. You can also create an account by binding it to your email address. After agreeing to the rules and entering the verification code of the phone number or email, just click Sign Up, and the system will create a new account. If you have been invited by another user, you must enter the invitation code in the corresponding field of the registration form.
The exchange has a fairly low trading commission, which is 0.1% for buyers and sellers. The platform does not charge money for funds deposit but sets a minimum deposit amount. For Bitcoin, it is 0.001 BTC, for Ethereum - 0.01 ETH, for Litecoin - 0.1 LTC. The minimum withdrawal amount is absolutely the same as the minimum deposit amount. And the withdrawal fee is calculated individually for each currency and is updated daily, as it depends on changes in the parameters of the corresponding network.
The platform has its advantages and disadvantages. The administration states that the project has the following strengths:
• Autonomous multi-signature;
• Effective risk control;
• Real-time security monitoring;
• Trading with fiat money, futures, and other assets;
• An innovative approach to project development.
But let's not forget that the exchange also has drawbacks, limitations, which does not allow you to collect a powerful investment portfolio. However, if you find a coin of interest to you on the exchange, it is of use to register an account and deposit to buy the desired asset. But we would not recommend storing large amounts of money on the balance since no one can give you accurate information about how well protected this platform is.