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Author Topic: CoinEx or KuCoin?  (Read 262 times)
The Cryptovator
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October 06, 2021, 02:48:39 PM
 #21

If you aren't encouraged to provide KYC documentation using exchange then I will suggest do not use any centralized exchange. I know Kucoin is allowing users even without verifying with KYC, but you should always be ready to provide KYC documentation while using a centralized exchange. In the beginning, even Binance doesn't require KYC for basic users. But later on, they change the rules. So any time a centralized exchange would change mind. And you might fall into a problem if in case your fund is stuck for KYC. A few decentralized exchanges are given above post, it would helpful for you.

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October 06, 2021, 03:00:24 PM
 #22

if you compare CoinEx or KuCoin, KuCoin Will win but not the best choice.

As a user who was used Binance for a long time, KuCoin was slow and noted by those liquidity compared to Binance, but it is one of the best alternatives at the moment and an excellent alternative if compared to CoinEx.

Note that KuCoin have good support team and they have listed most of good altcoins, but they are some good exchanges for non-Kyc crypto-to-crypto exchange.
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October 06, 2021, 04:41:49 PM
 #23

I select KuCoin over CoinEx because KuCoin is like Binance. But still, Kucoin needs you to verify your account so you need to think twice before registering on that site. Maybe you can check HotBit because I hear that exchange does not need you to do KYC so I think if that is real, you do not have to send any document to that exchange. In Kucoin, you can verify the account by filling in Country, Type ID, and the number of your identity so you can start to trade on KuCoin.

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December 27, 2021, 08:18:38 PM
 #24

I know this thread is over two months old, but I think this is an appropriate bump.

Somehow I came across Coinex as I was out of my mind looking at altcoin stuff all over the web and noticed that one of the coins I'm interested in is traded on it and that they're a no-KYC exchange, so I decided to give them a shot.  Since I've been burned by smaller exchanges in the past I did find this thread first while researching them and read it in full (and it seems like not a lot of you guys have tried Coinex).

Anyway, I registered and deposited small amounts of two altcoins just to see how the process went.  One coin showed up first, but well after the minimum number of confirmations required by Coinex.  I waited for several hours for the second coin to show up in my wallet, getting more frustrated, and finally I submitted a ticket with the TxID, amount, and a statement of what the problem was.  A true pain in the ass.  When I woke up this morning I had an e-mail from them saying that my coins were credited to my account.  I checked, and they were indeed there. 

I haven't done any trades with them yet or withdrawn any coins, so I can't speak to that, but the above experience was my first day using the exchange, and I told them exactly that and how disappointed I was in my ticket.  When I compare that to my experience with Kucoin, there's absolutely no comparison whatsoever.  I've had minor problems with Kucoin in the past, but they were all solved very quickly and didn't happen often. 

I think Coinex is legit, but I definitely got a bad taste in my mouth from yesterday's ordeal.

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