CoinEx is one of the leading cryptocurrency exchanges that does not require mandatory KYC verification.
The key factor that influenced my choice of CoinEx was the absence of mandatory identity verification for users with a monthly trading volume of up to $10,000. This allows users to start trading quickly, maintain privacy, and avoid unnecessary bureaucratic procedures.
In this article, I will review the core features and key functionalities of CoinEx that will help beginners quickly navigate the technical aspects of the platform and confidently begin using the exchange.
🚀 Step 1: Registration
Before registering on CoinEx, it is recommended to open the interface settings menu in the upper-right corner, where you can select the language and color theme of the website for a more comfortable experience.
Next, click the “Sign Up” button. CoinEx offers three registration options:
A. registration via email and password
B. sign-up using a Google account
C. sign-up using an Apple account
The most universal and reliable option is registration via email, as it provides full control over the account and makes account recovery easier if needed.
Immediately after creating the account, it is strongly recommended to enable two-factor authentication (2FA). This significantly increases account security and protects it from unauthorized access even if the password is compromised. Google Authenticator or Authy can be used for 2FA.
After confirming your email address and setting up 2FA, the account is fully ready for use.
Step 2: How to Buy Crypto with Visa/MC
On the CoinEx exchange, cryptocurrency can be purchased using bank cards through the Buy Crypto section with support from third-party payment providers.
To get started, open the Buy Crypto menu and select Third-Party Trading. This option allows you to buy cryptocurrency using Visa or Mastercard through trusted external payment services integrated into the CoinEx platform.
Next, choose:
1. the cryptocurrency you want to buy
2.the fiat currency
3. the purchase amount
After that, select one of the available third-party providers. CoinEx will automatically redirect you to the provider’s secure payment page, where you can complete the transaction using your bank card.?Once the payment is confirmed, the purchased cryptocurrency will be credited directly to your CoinEx wallet. Processing times may vary depending on the provider, but in most cases funds are delivered within minutes.
This method is convenient for beginners, does not require complex setup, and allows users to quickly purchase crypto without prior trading experience.
Step 3: Trading for Beginners
To start trading on an exchange, open the Spot section.
This is where the simplest and safest form of cryptocurrency trading takes place.
Beginner users should first pay attention to two main sections:
• Spot Trading
• Pre-Token Trading
These tools do not require complex settings and are suitable for a first introduction to crypto trading.
Spot Trading — the Foundation for Beginners
Spot trading is the buying and selling of cryptocurrencies at the current market price with immediate settlement to your balance.
In simple terms, you:
• buy cryptocurrency,
• immediately become its owner,
• can hold, sell, or transfer it at any time.
Why Spot Trading Is Suitable for Beginners
✔️ No leverage
✔️ No liquidation risk
✔️ Full control over your funds
✔️ Clear and simple buy/sell mechanics
On the spot market, you trade real cryptocurrencies such as Bitcoin, Ethereum, and other popular tokens.
How Spot Trading Works:
You fund your exchange account
You select a trading pair (for example, BTC/USDT)
You enter the amount
You place a buy or sell order
After the trade is completed, the cryptocurrency appears on your balance instantly.
Pre-Token Trading
Pre-Token Trading is a section that allows users to trade tokens before their official listing on the exchange.
It gives you the opportunity to:
• buy tokens at an early stage,
• participate in promising crypto projects,
• potentially profit from price growth after listing.
How Pre-Token Trading Works
In this section, users trade preliminary tokens that represent a future crypto asset.
Once the token is officially listed, these pre-tokens are automatically converted into the actual tokens.
What Beginners Should Know
While Pre-Token Trading can offer high potential rewards, it also involves higher risks.
Beginners are advised to:
• start with small amounts,
• carefully research the project,
• avoid investing funds they cannot afford to lose.
Which Option Should a Beginner Choose?
If you are just starting out:
• begin with Spot Trading to understand how the market works;
• then carefully explore Pre-Token Trading.
Both sections allow trading without complex instruments and are suitable for your first steps on a cryptocurrency exchange.
Step 4: Passive Income in the Earn Section
For beginner users, the CoinEx exchange offers an opportunity to earn passive income through the Earn section. This tool allows users to generate interest on their cryptocurrency without active trading or complex investment strategies.
The Earn section is located in the Assets tab and is designed for allocating unused funds to generate additional profit. Users can choose the most suitable investment option depending on the investment period and expected returns.
Main Features of Earn
The exchange offers two primary investment formats.
Flexible Investments
These allow users to earn income without a fixed lock-up period. Funds can be withdrawn at any time, and interest is credited automatically. This option is suitable for users who want to maintain liquidity while earning passive income.
Fixed Investments
These require locking cryptocurrency for a specific period. Such plans typically offer higher returns, but funds can only be withdrawn after the investment period ends.
How to Start Earning
To use the Earn section, users need to:
1) Go to the Assets tab
2) Open the Earn subsection
3) Select a cryptocurrency
4) Choose the investment type
5) Confirm the investment
After that, interest accrues automatically, and earnings are credited to the user’s balance.
The Earn section on CoinEx is a simple and convenient tool for generating passive income. It allows users to efficiently utilize idle crypto assets and is suitable for both beginners and experienced investors looking to diversify their portfolios.
Conclusion
CoinEx is a user-friendly cryptocurrency exchange designed for beginners, offering fast registration, intuitive tools, and access to a wide range of popular digital assets. The platform allows users to start trading without mandatory verification at moderate trading volumes, earn passive income through the Earn section, and manage funds securely with reliable protection systems, low trading fees, and convenient mobile access, making it an efficient solution for entering and growing within the crypto market.
