CoinEx vs. KuCoin | Choose the Best Exchange
This article compares the main characteristics and features of KuCoin and CoinEx. These exchanges are not the same regarding liquidity as KuCoin has a much higher daily trading volume than CoinEx. However, both exchanges are packed with features, have a similar number of supported coins, and both were launched in 2017 in Hong Kong. See the comparison and learn which of the exchanges is the better option for you.
What Is CoinEx?
CoinEx is a crypto exchange launched in Hong Kong in 2017. The platform became a prominent player in its segment. Liquidity-wise, CoinEx is among the 100 best exchanges in the world. As of July 2022, the daily trading volume exceeds $28 million. CoinEx supports nearly 600 altcoins.
Over the years, CoinEx developed a robust set of features that make the exchange a one-stop platform for crypto trading and other operations with digital assets. On CoinEx, you can trade numerous cryptocurrencies, including NFTs and GameFi tokens. On top of that, you can trade futures. Also, CoinEx supports the margin trading feature.
On CoinEx, you can monitor and get airdrops. Another feature is earning compound interest from crypto loans. Also, you can earn via automated market making. You can instantly swap tokens on CoinEx.
You can quickly buy crypto for fiat money using partner services such as Guardian, MoonPay, Advcash, Banxa, and Mercuryo. CoinEx supports around 60 fiat currencies.
What Is KuCoin?
KuCoin is a crypto exchange founded in 2017 in Hong Kong. Now, the exchange headquarters is in Seychelles. KuCoin is one of the most successful trading platforms. It supports over 700 cryptocurrencies. As of July 2022, the daily trading volume reaches nearly $1 billion.
KuCoin offers many features on top of usual crypto-to-crypto trading. It supports futures trading, margin trading, fiat-to-crypto gateway, crypto lending, staking, an OTC desk, NFT trading, etc.
Among payment methods, KuCoin supports bank cards, wire transfers, Banxa transfers, Simplex, BTC Direct, and exchanging fiat for crypto via the P2P platform. Trading bots are also supported, which allows KuCoin users to earn without much involvement and take the maximum from the markets.
CoinEx vs. KuCoin (table)
| Factor | CoinEx | KuCoin |
| Supported coins (as of July 2022) | 595 | 703 |
| 24h trading volume (as of July 2022) | over $28 million | nearly $1 billion |
| Trading fees | 0.2% | 0.1% |
| Withdrawal fees (BTC) | 0.00029 | 0.0005 |
| Regulated? | no | yes |
|
Security |
anti-phishing phrase, 2fa, withdrawal multi-approval | IP restrictions, anti-phishing phrase, 2fa, phone number binding, trading password |
| Security breaches | No | Yes, 2020 |
| Additional features | NFT trading, futures trading, margin trading, automated trading | NFT trading, futures trading, margin trading, OTC desk, staking, lending, fiat-to-crypto gateway |
| Available | globally | globally |
CoinEx vs. KuCoin (details)
Supported coins & 24h trading volume
Both exchanges support over 500 cryptocurrencies. It is a solid selection providing users with a rich choice without including worthless scam coins. If we speak of liquidity, we should admit that KuCoin has three times bigger assets flow than CoinEx. It means that on KuCoin, you have a bigger chance that your transactions will be quick and at the price you expect.
Fees
If we speak about trading fees, KuCoin is a better choice. Both exchanges offer fee discounts for holders of specific amounts of specific coins, but the starting level of commissions is not the same. On KuCoin, you start by paying 0.1% per transaction. On CoinEx, you are charged a 0.2% fee per trade. KuCoin's fee level is one of the best in the industry.
As for withdrawal fees, CoinEx charges smaller fees than KuCoin. At least, in the case of Bitcoin, KuCoin charges 0.0005 BTC. That's quite a usual BTC withdrawal fee for the centralized exchange. On CoinEx, you are charged a 0.00019 BTC fee which is much more democratic.
Security
Both exchanges do much work to protect the users' funds. However, in the case of KuCoin, these efforts were not enough. In 2020, $280 million worth of BTC and ETH was stolen from the exchange's hot wallets. Somehow, the hacker(s) obtained the private keys from these wallets. This incident seriously harms the trustworthiness of the KuCoin exchange.
Additional features
If we speak of features on top of spot trading, we can't really prefer one of the exchanges over another. Both of them offer a rich and diverse set of features and ways to earn money via operations with cryptocurrency. These exchanges are the industry leaders for a good reason.
Availability
CoinEx and KuCoin are available globally. This is excellent news for potential users as many leading crypto exchanges cannot be accessed in many countries, including the USA and sanctioned territories. The fact that you can use CoinEx and KuCoin whenever you reside make these exchanges the strong players in the industry around the world.
| Company | ||
|---|---|---|
| User rating | 22 user reviews | 16 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 22 user reviews | 16 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
CoinEx exchange was established in 2017 in Hong Kong. The platform can be used as a low-cost exchange with a broad range of different coins. The main asset is Bitcoin cash. Moreover, there is information that this exchange is going to present its new coin soon. It might be called CoinEx Token. Besides, the developers of CoinEx can establish a special exchange with the decentralized system using CET as “gas”.
|
KuCoin is a relatively new exchange that started to operate in the mid-2017. The team behind the project is claimed to be experienced in the blockchain research since 2013. KuCoin has more than a hundred coins listed as well as about 400 active Markets.
|
Founding Date
| 2017 | 2017 |
Country
| Samoa | Hong Kong |
Type
| Centralized | Centralized |
Languages
| English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Arabic, Ukrainian, Taiwanese | English, Portuguese, German, French, Spanish, Italian, Chinese, Vietnamese, Turkish, Indonesian |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Asia-Pacific (APAC) (The exchange does not disclose the exact location of its office) | Mahé (The exchange does not disclose the exact location of its office) |
Fees
|
Maker - 0.2% Taker - 0.2% |
Tier Min. KCS holding (30 days) 30-day trade volume in BTC Maker/Taker fee KCS Pay fees LV 1 1,000 ≥50 0.09%/0.1% 0.072%/0.08% LV 2 10,000 ≥200 0.07%/0.09% 0.056%/0.072% LV 3 20,000 ≥500 0.05%/0.08% 0.04%/0.064% LV 4 30,000 ≥1,000 0.03%/0.07% 0.024%/0.056% LV 5 40,000 ≥2,000 0%/0.07% 0%/0.056% LV 6 50,000 ≥4,000 0%/0.06% 0%/0.048% LV 7 60,000 ≥8,000 0%/0.05% 0%/0.04% LV 8 70,000 ≥15,000 -0.005%/0.045% -0.005%/0.036% LV 9 80,000 ≥25,000 -0.005%/0.04% -0.005%/0.032% LV 10 90,000 ≥40,000 -0.005%/0.035% -0.005%/0.028% LV 11 100,000 ≥60,000 -0.005%/0.03% -0.005%/0.024% LV 12 150,000 ≥80,000 -0.005%/0.025% -0.005%/0.02% Full fee schedule: https://www.kucoin.com/vip/level |
| About |
CoinEx exchange was established in 2017 in Hong Kong. The platform can be used as a low-cost exchange with a broad range of different coins. The main asset is Bitcoin cash. Moreover, there is information that this exchange is going to present its new coin soon. It might be called CoinEx Token. Besides, the developers of CoinEx can establish a special exchange with the decentralized system using CET as “gas”.
|
KuCoin is a relatively new exchange that started to operate in the mid-2017. The team behind the project is claimed to be experienced in the blockchain research since 2013. KuCoin has more than a hundred coins listed as well as about 400 active Markets.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2017 |
| Country | Country Samoa | Country Hong Kong |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Arabic, Ukrainian, Taiwanese | Languages English, Portuguese, German, French, Spanish, Italian, Chinese, Vietnamese, Turkish, Indonesian |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Asia-Pacific (APAC) (The exchange does not disclose the exact location of its office) | Full address Mahé (The exchange does not disclose the exact location of its office) |
| Fees |
Fees
Maker - 0.2% Taker - 0.2% |
Fees
Tier Min. KCS holding (30 days) 30-day trade volume in BTC Maker/Taker fee KCS Pay fees LV 1 1,000 ≥50 0.09%/0.1% 0.072%/0.08% LV 2 10,000 ≥200 0.07%/0.09% 0.056%/0.072% LV 3 20,000 ≥500 0.05%/0.08% 0.04%/0.064% LV 4 30,000 ≥1,000 0.03%/0.07% 0.024%/0.056% LV 5 40,000 ≥2,000 0%/0.07% 0%/0.056% LV 6 50,000 ≥4,000 0%/0.06% 0%/0.048% LV 7 60,000 ≥8,000 0%/0.05% 0%/0.04% LV 8 70,000 ≥15,000 -0.005%/0.045% -0.005%/0.036% LV 9 80,000 ≥25,000 -0.005%/0.04% -0.005%/0.032% LV 10 90,000 ≥40,000 -0.005%/0.035% -0.005%/0.028% LV 11 100,000 ≥60,000 -0.005%/0.03% -0.005%/0.024% LV 12 150,000 ≥80,000 -0.005%/0.025% -0.005%/0.02% Full fee schedule: https://www.kucoin.com/vip/level |
Trading
CoinEx trading volume is 872,411,687.0. The exchange has 205 available trading pairs. Fiat trading is available on the exchange. Margin trading is available.
KuCoin trading volume is 36,168,422.0. The exchange has 445 available trading pairs. Fiat trading is available on the exchange. Margin trading is available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
Volume
| 872411687 | 36168422 |
Pairs
| 205 | 445 |
Coins
| 80 | 223 |
Fiat trading
Deposit
| Free | Free |
Fees
| Transaction Mining | Percentage |
Margin
| Volume | Volume 872411687 | Volume 36168422 |
|---|---|---|
| Pairs | Pairs 205 | Pairs 445 |
| Coins | Coins 80 | Coins 223 |
| Fiat trading | Fiat trading | Fiat trading |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees Transaction Mining | Fees Percentage |
| Margin | Margin | Margin |
Safety
Two factor authentication
Verified
| Unverified | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Unverified |
Social
Website
| www.coinex.com | www.kucoin.com |
| @coinexcom | @kucoincom |
Number of followers
| 16397 | 337999 |
| Website | Website www.coinex.com | Website www.kucoin.com |
|---|---|---|
| Twitter @coinexcom | Twitter @kucoincom | |
| Number of followers | Number of followers 16397 | Number of followers 337999 |
Rating
| User rating | 22 user reviews | 16 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
KuCoin outperforms CoinEx by most parameters. It charges smaller trading fees and has considerably more significant liquidity. These things make KuCoin a more convenient platform for trading. On the other hand, CoinEx hasn't been hacked as of yet. Probably, the CoinEx dev team has a better idea of how to protect the accounts. Safety is one of the crucial things in crypto trading. Another slight advantage of CoinEx is the smaller BTC withdrawal fees. KuCoin will probably solve the security problem in the next few years. It has a good chance of preserving its higher position compared to CoinEx.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
|---|
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare CoinEx with KuCoin. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. CoinEx was founded in 2017 in Samoa. KuCoin was founded in 2017 in Hong Kong.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
CoinEx is Centralized and KuCoin is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
CoinEx has a mobile app available for iOS and Android. KuCoin has a mobile app available for iOS and Android.
CoinEx has 19 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Arabic, Ukrainian and Taiwanese. KuCoin has 10 languages available, including English, Portuguese, German, French, Spanish, Italian, Chinese, Vietnamese, Turkish and Indonesian.