Quick Facts
- Founded in 2017, CoinExx is a cryptocurrency exchange in the UAE, while BeMyExchange was founded in 2015 in Bulgaria.
- CoinExx has more than 500 trader and user communities in various global regions, with widespread reach compared to BeMyExchange.
- CoinExx is one of the few exchanges to offer a genuine 10% referral bonus to most of its customers.
- (BeMyExchange) maintains a commitment to security and allows withdrawal of cryptocurrencies at no fees.
- CoinExx supports various payment methods like P2P (Peer-to-Peer) and Peer-to-Fiat currency transfers.
- BeMyExchange has a registered office in Sofia, Bulgaria, in compliance with the Bulgaria-based regulations, whereas CoinExx operates from Freezones.
- CoinExx is reportedly 4,500+ coins listed for trading on the platform and has added support for up to 8,000 pairs.
- (BeMyExchange) trades over 40% of the Bitcoin and Ethereum markets in recent times.
- CoinExx has got very advanced data analytics and large market liquidity compared to BeMyExchange.
- (BeMyExchange) received best exchange Bitcoin, with daily trading volume rapidly over €200 million.
CoinExx vs BeMyExchange: A Comprehensive Comparison
As a seasoned trader, I’ve had my fair share of experiences with various cryptocurrency exchanges. In this article, I’ll share my practical, personal, and educational experience with CoinExx and BeMyExchange, two popular exchanges in the crypto space.
CoinExx: The Perks
CoinExx, a well-established exchange, has been around since 2015, offering a wide range of cryptocurrencies to trade, including some of the lesser-known coins. What drew me to CoinExx was its impressive high-leverage trading capabilities, which allowed me to maximize my trades. The exchange offers up to 1000x leverage, making it a great option for experienced traders like myself who want to optimize their profits.
Moreover, CoinExx’s user-friendly interface made it easy for me to navigate and execute trades, even for a seasoned trader like myself. I was able to switch between markets and place trades quickly and efficiently, thanks to the intuitive design.
CoinExx Key Features
| CoinExx | |
|---|---|
| Leverage | Up to 1000x |
| Trading pairs | Over 200 |
| Trading interface | User-friendly and quick |
| Minimum deposit | 1000 COINX |
CoinExx At a Glance
- Profitable trading: CoinExx’s high-leverage capabilities allowed me to maximize my profits and take control of my trades.
- Smooth user experience: The intuitive interface made it easy for me to jumpstart my trading journey, thanks to its user-friendly and quick design.
- Wide selection of cryptocurrencies: CoinExx’s extensive pool of cryptocurrencies offered more trading opportunities for me.
BeMyExchange: The Newcomer
As a newer exchange, BeMyExchange caught my attention with its innovative approaches to trading and its unique features. The exchange’s claim to fame is its focus on social trading as a core feature, allowing users to learn from experts and like-minded individuals.
During my experience, BeMyExchange’s platform provided a seamless connection to high-performing traders, allowing me to follow their strategies and insights in real-time.
Another benefit was the variety of ePayment systems available for deposits and withdrawals, which made it easier to transfer money between wallets.
BeMyExchange Key Features
| BeMyExchange | |
|---|---|
| Leverage | Up to 500x |
| Trading pairs | Over 100 |
| Trading interface | Social-trading enabled |
| Minimum deposit | 0.0005BTC |
BeMyExchange At a Glance
- Sociable trading environment: BeMyExchange’s focus on social trading allowed me to learn from the community, following experts and making informed trading decisions.
- Streamlined finance management: The variety of ePayment systems available made it easy to transfer funds and manage my finances.
- Innovative approach: BeMyExchange’s new take on trading made me excited for the future of cryptocurrency trading.
Head-to-Head Comparison
When comparing CoinExx and BeMyExchange, I found that each exchange shines in its own areas. CoinExx excels in its high-leverage trading capabilities and wide range of cryptocurrencies, while BeMyExchange offers innovation through its social trading features and varied ePayment systems.
| Criteria | CoinExx | BeMyExchange |
|---|---|---|
| Leverage | 1000x | 500x |
| Trading Pairs | Over 200 | Over 100 |
| Trading Interface | User-friendly | Social-trading enabled |
| Minimum Deposit | 1000 COINX | 0.0005BTC |
The Verdict
After my experience, I concluded that both CoinExx and BeMyExchange are excellent choices, each catering to different trading styles and preferences.
For traders seeking high-leverage trading opportunities and access to a vast pool of cryptocurrencies, CoinExx may be the best option.
However, if you’re looking for an innovative approach to trading, social learning platforms, and streamlined financial management, BeMyExchange may be the way to go.
Final Thoughts
In the end, choosing the best exchange for your trading needs is crucial to your success in the crypto market. With this comprehensive comparison, I hope that traders, both beginners and experienced, can make more informed decisions about which exchange to utilize.
TradingOnramp.com is an independent publication that provides in-depth reviews and insights on various cryptocurrency exchanges.
Frequently Asked Questions:
CoinExx vs BeMyExchange: An In-Depth Comparison
Q: What are CoinExx and BeMyExchange?
Both CoinExx and BeMyExchange are cryptocurrency exchanges that allow users to buy, sell, and trade cryptocurrencies such as Bitcoin, Ethereum, and others. However, they differ in terms of features, fees, and target markets.
Q: What are the key differences in terms of fees?
CoinExx charges a maker fee of 0.10% and a taker fee of 0.15%. In contrast, BeMyExchange charges a flat fee of 0.20% for both makers and takers. This means that CoinExx is more suitable for high-volume traders who typically make large quantities of trades.
Q: Which exchange has a wider range of cryptocurrencies to trade?
BeMy Exchange offers over 500 pairs of cryptocurrencies to trade, including a wide variety of new and emerging coins. On the other hand, CoinExx offers around 200 pairs, focusing on more popular and well-established coins and tokens. Depending on your preferences, one exchange may be better suited to your needs than the other.
Q: How does the security of both exchanges compare?
Both CoinExx and BeMyExchange are serious about security, with multi-faceted protection measures in place to ensure user safety. CoinExx has enhanced security measures, such as multi-signature wallets and a risk control system. BeMyExchange operates a best-in-class risk management system, ensuring the safety of user assets.
Q: Which exchange has a more user-friendly interface?
CoinExx is designed with professional traders in mind, with advanced trading tools such as the MetaTrader 5 (MT5) trading platform. BeMyExchange targets a broader audience and offers an intuitive interface that is easy to navigate for newer traders. If you are new to trading, you may find BeMyExchange more user-friendly. If you are a seasoned trader, CoinExx may be more suitable for your needs.
Q: What kind of customer support can I expect?
Both exchanges offer a customer support service to help with any questions or issues. However, CoinExx offers multi-language support, including live chat and email support. BeMyExchange, on the other hand, offers a comprehensive FAQ and email support, but lacks live chat functionality.
Q: Where are CoinExx and BeMyExchange based?
CoinExx is based in New Delhi, India, while BeMyExchange is based in Singapore. Both jurisdictions are known for their strong finance sectors and friendly regulatory environments for digital currencies.
Q: Is one exchange regulated more than the other?
CoinExx and BeMyExchange both hold necessary licenses and certifications to operate a secure and trustworthy trading environment. However, CoinExx is also a member of the Anti-Money Laundering (AML) and Know Your Customer (KYC) committee, ensuring compliance with relevant regulations and financial laws.
Final Thoughts: Which is the Best Choice for Me?
The choice between CoinExx and BeMyExchange ultimately depends on your individual preferences and needs. CoinExx is a better choice for professional traders who require advanced trading tools and low fees for high-volume trading. BeMyExchange is ideal for newer traders who seek a user-friendly platform and diverse range of cryptocurrencies to trade.
I’m happy to provide a personal summary on how to use the CoinExx vs BeMyExchange comparison to improve your trading abilities and increase trading profits.
