CoinEx now has over 600 cryptocurrencies available for trading

CoinEx now offers over 600 cryptocurrencies

CoinEx exchange takes another step by listing now more than 600 cryptocurrencies. In parallel, the platform now covers access to over a thousand trading markets in sectors as varied as decentralized finance (DeFi), non-fungible tokens (NFTs), GameFi and the metaverse.

CoinEx has also reviewed the organization of its listing table, and offers a wide range of tools to monitor the evolution of the markets of the different cryptocurrencies. These latter are also classified by categories (AMM, Fan Token, GameFi, etc.).

In a press release sent to Cryptoast, CoinEx explains that the increase in the number of cryptocurrencies offered for trading requires permanent and rigorous control of these assets, all the more so in a bear market context where security of user funds remains paramount.

The exchange explains in particular its long-term ambition and the search for a permanent product quality rather than the choice of a blind expansion which has already cost many exchanges their place.

Thus, quality maintenance allows CoinEx to come out on top and continue to develop serenely, independently of the marketwhether bullish or bearish.

A meticulous listing for user safety

According to Haipo Yang, the founder of CoinEx, the listing of cryptocurrencies must be treated in its own right as a product development phasewhich leads to a serious study of projects wishing to be listed on the platform.

This rigorous verification process is provided by several different teams, including the CoinEx Institution and the Listing Committee, which are responsible forinspect the structures of the different cryptocurrencies and their underlying project.

CoinEx’s selection criteria concern the economic model of the project, its prospects, the assessment of its risks, the concept, the technology used as well as the analysis of the team in charge of its development.

Once this first step has been taken for a cryptocurrency, the latter then passes into the hands of specialized teams in business, marketing, technology and product research.

Thus, the slightest project presenting any flaw or not meeting the requirements of CoinEx will be systematically refused in order to only offer cryptocurrencies deemed reliable to users of the platform.

With more than 600 cryptocurrencies listed on its platform, CoinEx is now on par with Binance in terms of cryptocurrencies offered for trading.