COIN FLEX REVIEW
Earn Crypto Trade Crypto
Overview
CoinFlex is operated by Liquidity Technologies Ltd., incorporated under the International Business Companies Act of the Republic of Seychelles. In early 2019 they opened the platform to the public. The administrative headquarters of Coinflex is in Mahe, Seychelles. But this cryptocurrency exchange company operates from Hong Kong as its initial target market was the Asian trading market for commercial and retail investors.
Coinflex employs professionals with diverse skills, from seasoned trading technology professionals to crypto veteran traders, from market makers to venture capitalists. More than 20 professionals work at Coinflex at present. Coin flex is supported by investors such as Dragonfly, Trading Technologies, Roger Ver, and Mike Komaransky, according to the CEO’s LinkedIn profile.
Exchange Name | CoinFlex |
Company Name | Liquidity Technologies Ltd. |
Official Website | coinflex.com |
Founded In | 2019 |
Primary Category | Cryptocurrency Exchange |
Native Token | Yes |
Deposit Fees | Free |
Affiliate Program | Yes |
What Is CoinFlex?
Coinflex is the world’s first cryptocurrency exchanger that offers physically delivered bitcoin futures. No cash exchange occurs at settlement, and everything is delivered in cryptocurrency. Beyond the low pricing, Coinflex also provides leveraged bitcoin and stablecoin trading up to 20x, making them one of the most significant service providers in the cryptocurrency industry.
Features Of CoinFlex
- The CoinFLEX platform provides cryptocurrency traders with a suite of features designed to help them succeed in the crypto market.
- The platform is highly intuitive, making it easy for new traders to pick up on.
- It also has a wide range of tools to help traders make informed decisions, including charts, alerts and trading signals.
- The platform is also versatile, allowing traders to trade both cryptocurrencies and fiat currencies. This means that investors can use Coin FLEX as both an exchange and a brokerage account.
- In addition, the platform was built with security in mind – all transactions are protected by state-of-the-art encryption technology.
All these features make Coin FLEX an attractive choice for crypto traders looking to maximize their profits.
CoinFlex Fees
Trading fees can make or break a derivatives experience on CoinFLEX, especially since futures financial products often have funding rates that vary dramatically. CoinFLEX charges relatively low fees, and it competes with some of the top cryptocurrency exchange.
| Any Of: | Derivatives | Spot | ||||
VIP Level | % of Maker Volume | 30 Day Volume or | $ worth of FLEX | Maker Fee | Taker Fee | Maker Fee | Taker Fee |
0 | – | $0 | $0 | 0.00% | 0.060% | 0.000% | 0.060% |
1 | – | $2,000,000 | $1,000 | -0.004% | 0.074% | 0.000% | 0.074% |
2 | – | $20,000,000 | $10,000 | -0.009% | 0.069% | 0.000% | 0.069% |
3 | – | $100,000,000 | $50,000 | -0.013% | 0.063% | 0.000% | 0.063% |
4 | – | $200,000,000 | $100,000 | -0.017% | 0.067% | 0.000% | 0.057% |
5 | 2.50% | $1,000,000,000 | $500,000 | -0.021% | 0.051% | 0.000% | 0.051% |
6 | 5.00% | $2,000,000,000 | $1,000,000 | -0.030% | 0.040% | 0.000% | 0.040% |
CoinFLEX Coin
CoinFLEX is a token that supports the FLEX Coin, based on SLP. First of all, it is the association of CoinFlex’s ecosystem. Secondly, flex offers countless advantages, including transaction charge payments and other expenses such as waivers that can be paid with flex. In addition to this, coin flex assures the necessity for a best crypto exchange rating in crypto markets and manages supply accordingly. The distribution of their total supply is:
- 70% goes towards traders.
- 10% go to investors who lend coins (OI Driven Mining).
- 10% goes towards marketing issues raised by coin exchanges.
- Lastly, 10% stays with insurance funds issued by Coin Flex.
Supported Countries And Coins
CoinFlex provides its services to over two hundred countries without restrictions. The following are listed below.
- Afghanistan
- North Korea
- Belarus
- Somalia
- Central African Republic
- Libya DR Congo
- Myanmar
- Ivory Coast
- Liberia
- Crimea
- Syria
- Cuba
- Zimbabwe
- Yemen
- Quebec
- United States of America
- South Sudan
- Syria
- Venezuela.
There are 30+ cryptocurrencies listed on Coin flex.
- BTC
- ETH
- BCH
- FLEX
- XRP
- CELR
- AAVE
- SHIB
- USDT
- LINK
- BNB
- DASH
- SUSHI
- COMP
- DOT
- UNI
- MKR
Security And Safety
CoinFLEX operates with a 99% cold storage policy, storing up to 1% in a secure hot wallet. The exchange system has been built such that vault location, no single person, or device failure could compromise the integrity of user Bitcoins.because of this reason coin flex is one of the secure crypto exchange.
Users are required to set up two-factor authentication in either Authy or YubiKey. Suppose someone discovers a user’s username and password. In that case, they will still be unable to log into their account unless they have the user’s one-time password token for Authy or the user’s YubiKey.
CoinFlex Pros And Cons
Pros
- There are no VIP statuses, users are equally powerful, and technical support is always available.
- A straightforward payment scheme based on the Coin FLEX wallet balance that offers profitable commissions
- A wide range of cryptocurrencies and pairs, can be traded on this cryptocurrency exchange platform.
- An exchange, a crypto wallet, and an investor’s personal account all in one app are among the most well-thought-out mobile applications.
- A complete archive of all transactions and actions of the administration is 100% transparent.
- Physically Delivered Bitcoin futures.
- AMM+’s innovative product provides liquidity to the exchange and enables users to earn passive income.
Cons
- Might not be suitable for beginners
- Low liquidity
Customer Support On CoinFLEX
The customer support on CoinFLEX is good, but it falls short against the competition which has live-chat help sessions. However, CoinFLEX does have an extensive FAQ section and you can always contact them via email if they don’t offer a solution in the FAQ.
Affiliate Program
CoinFLEX has an affiliate programme. You may earn up to 40% of trading fees generated by futures and spot trades of your referrals through this programme. 40% is an impressive commission rate compared to the market norm. The standard referral program offered by CoinFLEX is similar to the referral programs of other crypto trading exchange. You must follow the steps below:
- Get a personal referral link after registering on this safest crypto exchange website. After that, You can share it with others.
- Using your link, the user registers on an exchange then it’s a referral.
- The referral pays a percentage of the commissions. Income is a percentage of the commissions paid by the referral.
The amount of the commission depends on the number of referrals and trading volumes. They calculate the size of the commission individually in every case. In the respective part of the personal account, you can find all the required details.
CoinFlex Review – Final Thought
We have gone through the various aspects and services of this CoinFLEX review. On Coinflex, you can find physically delivered bitcoin futures and futures on illiquid assets (IFO). In addition to the standard security measures, Coin flex asks for two-factor authentication and keeps the cryptocurrency vaults in cold storage. The Coin flex team has spent much time developing other best cryptocurrency exchange in the past, so they have a deep understanding of the crypto market. They created the crypto trading platform, which includes many features.
