Binance.US vs CoinEx Exchange

How Binance.US vs CoinEx Exchange compare on our ratings, exchange specs, funding, pros and cons.

Feature
Ratings
Our score4.1/53.3/5
User ratingNo reviews yetNo reviews yet
Fees5.03.5
Security & trust4.02.5
Asset selection4.04.0
Ease of use4.03.5
Support3.53.5
Specs
MarketsSpot, OTCSpot, Futures, Margin
Maker fee0%Not disclosed
Taker fee0.02%Not disclosed
Coins listed200Not disclosed
Fiat deposit methodsBank transfer, Card, Apple Pay, Google Pay, ACHCard
KYC required YesNot disclosed
Accepts US customers Yes No
Proof of reserves Yes Yes
Staking / earn Yes Yes
Mobile app Yes Yes
Licenses & registrationsFinCEN MSB, 32 US State Money Transmitter LicensesEstonia FIU crypto operating license, Poland VASP
Security featuresU.S.-based cold storage, Multi-factor authentication, SOC 2 Type II certified, ISO 27001 certified, ISO 27701 certified2FA, Cold storage segregation, Anti-phishing code, Device management, Risk reserve fund
Futures & perpetuals No Yes
Copy trading No No
P2P market No No
Earn / savings products Yes Yes
User protection fund No Yes
Referral program Yes Yes
Company
Founded20192017
HeadquartersUnited StatesSeychelles
InvestorsRRE Ventures, Circle Ventures, Foundation Capital, Original Capital +1Not disclosed
Strengths and weaknesses
Pros
  • 0% maker fees across all 250+ spot trading pairs
  • Zero-fee fiat deposits and withdrawals through bank ACH transfers
  • SOC 2 Type II and ISO 27001 third-party security audits
  • Staking support across 25+ proof-of-stake cryptocurrencies
  • Published monthly proof of reserves verification reports
  • AMM liquidity pools let users earn shares of trading fees
  • Licensed as an operating exchange in Estonia and registered in Poland
  • Wide asset selection spanning hundreds of spot and perpetual markets
Cons
  • Unavailable to residents in 16 U.S. jurisdictions, including New York and Texas
  • ACH fiat deposits carry a mandatory 7-day withdrawal hold
  • Centralized custody model requires full trust in the exchange for fund safety
  • Mandatory KYC identity verification required before trading or depositing
  • Permanently barred from operating in the United States
  • Suffered a $54 million hot wallet exploit in September 2023
  • Fiat on-ramps require third-party providers with external fee structures
  • No registration or licensing in the United Kingdom, Australia, or Japan
Best forU.S. spot traders placing limit orders, Investors seeking zero-fee ACH deposits, Proof-of-stake crypto holders earning rewardsNon-US altcoin traders, Perpetual futures and margin traders, Users providing AMM liquidity

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