Coinex is a new crypto exchange that pays token holders 80% of the profits generated from trade fees, and i have been testing the system and thought i would provide a review of this project to everyone here on steemit :)

Coinex is run by the BCH team and has bitmain as an investor, the worlds largest manufacturer of bitcoin mining hardware and a big supporter of bitcoin cash.

The coinex platform has a big focus on trading pairs with bitcoin cash, so i suspect the exchange was created to increase usage and adoption of BCH.

The trade volume exploded and at one stage coinex surpassed binance in trade volume

The coinex platform runs on CET tokens - All you need to do is purchase CET tokens and hold them in the exchange wallet and you will start receiving daily automatic payments within 24 hours.

Below is a screenshot of my wallet, 24 hours after i invested $107 into coinex.

I received 2200 CET tokens, and in the first 24 hours i had already earned around 40 cents.. the current stated average is 0.4 - 0.5% daily.

I decided to put some more money in, so here is my account after i put in a total of around $350.. and have waited a few more days for payouts.

Here is my account as of today, after buying more CET tokens each time i earned bitcoin and other coins automatically:

I started with 9471 CET tokens for my $350, and now i have 9785, a profit of 314 CET tokens plus all the other little bits of coins i have in there.

This screen shot shows you the total payouts for the exchange, these exchanges make millions daily and here we can see a large percentage of this profit is being paid out to token holders.

Compound Interest

One of the best features of coinex is the ability to earn compound interest, by buying more CET tokens as you earn them each day.

Coinex has a very low transaction fee and minimum amount, you can even buy just 1 CET for 3 cents if you want to.

The screenshot below shows you instructions on how to quickly and easily sell your BTC, ETH, BCH and USDT for CET in a simple manner so you can do this every day.

Click on the coin you want to buy with, BCH for this example. Click on the coin you want to buy, CET. In the green buy area, click on the 100% button. Note we are about to buy only 4 CET, with 12 cents profit in BCH. Click buy CET

This process is quick, and as you keep adding more CET to your stack the amounts of daily payments you will receive should keep increasing, although outside factors can influence this.



Disclaimer - This is NOT financial advice, and i am not a financial advisor.

I hold CET tokens and have a vested interest in this project, and if you join using my referral link i get a small commission when you trade on coinex exchange.

All crypto currency investing comes with high risk, please never invest more than you can afford to lose!!