Coinex vs Flipster: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Coinex and Flipster This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 16, 2025

Coinex

Flipster

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Available Countries

United States

Europe

yes

Latin America

yes

India

yes

China

Canada

United Kingdom

yes

United States

Yes

Europe

Yes

Latin America

Yes

India

China

Yes

Canada

Yes

United Kingdom

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Coinex is ideal if:

Privacy-minded traders: you can trade without mandatory KYC up to high limits, offering anonymity while retaining full platform access.
Global assets explorer: the platform supports a wide variety of crypto tokens alongside features like strategic trading (Auto-Invest, Spot Grid), making it great for exploring diverse markets.
Security-focused users: with multi-signature wallets, rigorous cold-storage, and committed proof-of-reserves, your funds benefit from robust protection.

Flipster is ideal if:

For active perp futures traders: Built for speed and precision, Flipster boasts ultra-fast execution, deep liquidity, and zero-fee perpetual contracts—ideal if you thrive in fast-moving markets.
If you value capital efficiency on the go: You can trade and earn simultaneously—your USDT balance works as margin and earns rewards—adding flexibility and impact to every trade.
Looking for a seamless, intuitive experience: With features like Instant Flip (one-click position reversal) and a clean, responsive interface across web and mobile, Flipster caters to both beginners and seasoned traders.

Coinex isn’t ideal if:

Strictly fiat-only traders: CoinEx doesn’t support direct fiat deposits or withdrawals; you must use third-party gateways if you want to convert between crypto and traditional currencies.
Regulation-focused investors: It lacks licensing from top-tier regulatory bodies, which may concern users seeking exchanges with clear, formal oversight.
Complete beginners seeking hand-holding: Educational resources and customer service can be less responsive or comprehensive, which may not suit those needing more guidance.

Flipster isn’t ideal if:

You're looking for fiat convenience: Flipster doesn’t support fiat deposits or on-ramps—crypto-only funding may be inconvenient for new users or those transitioning from traditional banking.
Spot trading simplicity is your priority: Spot trading options are very limited—just half-a-dozen cryptocurrencies—making it less suitable for casual or passive traders.
You prefer anonymity or instant access: KYC (identity verification) is mandatory before accessing any trading features, which may be a barrier for privacy-conscious or speed-seeking users.

Fees & Total Costs

Spot Maker/Take

Spot trading fees decrease as your 30-day trading volume, CET balance, or VIP level increases—higher tiers enjoy lower maker and taker rates, with an extra discount if you opt to pay using the native CET token.

Flipster applies a flat taker fee for both spot and perpetual futures, starting at around 0.05%, with tiered VIP discounts reducing rates further for high-volume or high-balance users—making its maker/taker model very cost-competitive across both markets.

Futures/Derivatives

Futures trading applies different maker and taker fees based on VIP status, and while CoinEx doesn’t charge funding directly, perpetual contracts settle funding between long and short positions every 8 hours (or more frequently under extreme conditions).

Perpetual futures follow the same fee structure as spot (starting ~0.05% with VIP reductions), and funding occurs roughly every eight hours—fees are simply exchanged between longs and shorts without additional platform markup, rewarding those who time entries well.

Average Spreads on Liquid Pairs

Although CoinEx doesn’t publish spread figures directly, mainstream spot pairs like BTC/USDT and ETH/USDT generally exhibit tight spreads typical of mid-to-high liquidity venues, making execution costs reasonably competitive for active traders.

Flipster offers zero spreads on major perpetual pairs like BTC/USDT and ETH/USDT, delivering highly efficient execution with minimal slippage for active traders.

Fiat Deposits & Withdrawals

Methods, Fees, Times

The platform doesn’t support any fiat deposit or withdrawal methods, operating exclusively in crypto—so no fiat-related delays or costs, though that means a crypto-to-fiat conversion must happen elsewhere and externally.

On-chain Withdrawals

Fixed vs Dynamic Fees (BTC, ETH, TRX, etc.)

Crypto withdrawals incur fixed network-based fees—varying by network and token (for example, BTC or TRX)—reflecting actual blockchain costs rather than platform surcharges, with some networks even offering zero internal fees.

Hidden Costs

Currency Conversion, Inactivity, Express KYC, etc.

Flipster is transparent with minimal hidden expenses—there’s no inactivity fee, no express-KYC cost, and no internal currency conversion charges; users only face standard blockchain network costs or any external exchange fees if they bridge between platforms.

Real-World Cost Example: “€500 BTC

If you buy €500 worth of BTC on CoinEx, your total cost comprises the third-party gateway’s currency conversion rate plus its service fee, the spread between buy and sell prices, and the dynamic on-chain withdrawal charge—so the final amount received in your wallet will be less than the gross purchase value due to these combined factors.

Let’s assume converting €500 via an external fiat gateway into USDT before buying BTC on Flipster

Crypto Offering & Trading Features

Number of Coins & Pairs

CoinEx lists over 800 cryptocurrencies and supports more than 1,200 trading pairs, including its most actively traded tokens ranked among the top 20 by volume, which typically consist of mainstream assets such as BTC, ETH, TRX, and a range of emerging altcoins.

Flipster offers over 300 total trading pairs across its spot and perpetual markets, with the top 20 by volume dominated by major names like BTC/USDT, ETH/USDT, XRP/USDT, SOL/USDT, TRX/USDT, and TON/USDT.

Product Range

The platform offers a comprehensive set of services—including spot, margin, and perpetual futures (linear and inverse contracts), copy trading, crypto loans, one-click swap exchanges, staking, Auto-Invest plans, and Spot Grid bots—offering flexible strategies across investing and automated trading.

The exchange supports spot trading (limited to the six major coins noted), a wide range of perpetual futures with up to 100× leverage, plus yield products via its Earn Campaign and Launchpool—but it does not currently offer options, ETFs, copytrading, staking, lending, grid bots, or fully automated DCA.

Liquidity

CoinEx maintains solid liquidity, especially on BTC and ETH markets, reflected by consistently vigorous 24-hour trading volume and deep order-book depth that supports efficient execution even during volatile periods.

Flipster delivers deep liquidity and tight execution for BTC/USDT and ETH/USDT pairs, with 24-hour volumes often exceeding $100 million on top pairs and robust order-book depth, ensuring minimal slippage even for large trades.

Tools

You’ll find a robust toolkit featuring common order types like limit, market, stop-limit, plus advanced modes such as OCO and maker-only, along with real-time alerts, charting, API/WebSocket access, and built-in TradingView integration for sophisticated analysis.

Users benefit from a full suite of advanced tools—including limit, market, trigger (stop/stop-limit/OCO), and recurring buy orders (enabling basic DCA), plus charting with built-in analytics, Instant Flip for position reversal, and a smooth API/websocket infrastructure—though TradingView isn’t natively integrated.

Geographic Restrictions by Product

While CoinEx is globally available in over 200 countries, certain products like derivatives and copy trading may be restricted in jurisdictions such as the U.S., Canada, Hong Kong, and China due to regional regulatory limitations.

Certain features, especially derivatives, are restricted in specific countries—Flipster is completely unavailable to U.S. residents and likewise limits access in various jurisdictions under regulatory constraints.

Innovation

The exchange actively innovates with features such as launchpads/pools, flexible versus locked staking options, and strategic products like Auto-Invest and Spot Grid—providing both passive yield and automated market participation tools.

Flipster stands out with its Launchpool feature for early access and rewards, and its Earn campaigns which offer flexible, non-locked APR rewards on USDT balances—all delivered without interrupting trading capabilities.

Security, Regulation & Custody

Operating Entity & Jurisdiction

The exchange began in 2017 and is operated under the ViaBTC ecosystem, with its legal base and main offices located in Hong Kong.

Flipster is legally structured under Flipster Corp, with its operational headquarters in Warsaw, Poland, and was founded in 2021—positioning itself within a well-regulated European tech environment.

Licenses/Registration

CoinEx holds registration as a Virtual Asset Service Provider (VASP) in certain jurisdictions such as Estonia and complies with applicable regulations, but it does not currently fall under the EU’s MiCA framework.

Flipster is registered and recognized as a Virtual Asset Service Provider (VASP) and holds ISO/IEC 27001 certification, aligning with international data security standards; additionally, it holds an AA rating from CER.live, signaling strong institutional-grade security practices.

Custody

CoinEx uses its own custody infrastructure with both hot and cold wallets, enhanced by multi-signature security. It publishes frequent Merkle-tree-based Proof of Reserves—maintaining a 1

The platform uses institutional-level custody powered by Fireblocks with MPC and cold storage, ensuring robust asset protection; it publishes daily, independently verifiable Proof of Reserves via Merkle tree snapshots, confirming a full 1

Insurance & Protection Funds

The platform supports its risk management with a “Shield Fund,” which redirects around 10% of fees into a reserve designed to buffer against extreme or unexpected market shocks

Flipster maintains an insurance fund and adheres to enterprise best practices like penetration testing and continuous security audits, creating multiple defense layers to safeguard user assets.

Incident History

Since its 2017 launch, CoinEx has maintained a clean security record with no known hacks, outages, freezing of accounts, regulatory fines, or major incidents to date

Flipster has demonstrated proactive incident response—blocking deposits associated with known hacks and reinforcing defenses using Chainalysis—without any reported major hacks or regulatory penalties to date.

Risk Controls

CoinEx implements strong safety protocols, including two-factor authentication (2FA), address whitelisting, anti-phishing measures, support for sub-accounts, and granular API permission controls, designed to minimize unauthorized access and bolster overall platform security.

Security features include mandatory two-factor authentication (2FA), dynamic whitelists, anti-phishing mechanisms, and granular API permissions, all supported by a zero-trust internal model and real-time threat detection infrastructure.

Transparency

The platform demonstrates transparent practices through monthly reserve updates, publicly verifiable wallets using Merkle trees, and clear communication via announcements—though formal SLA commitments are not prominently outlined.

Flipster emphasizes transparency through publicly accessible daily reserve reports, frequent audits, and visible wallet proof-of-reserve data—though it doesn’t currently provide formal monthly transparency reports or a public SLA.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

CoinEx offers fiat deposits through partnerships with eight external providers like MoonPay, Banxa, Simplex, Mercuryo, Paxful, Guardarian, XanPool, and Advcash, enabling methods such as Visa/MasterCard, Apple Pay, UPI, SEPA, bank transfers, Revolut, and PIX. Minimum and maximum order limits vary by provider, and most transactions are completed within around 30 minutes once initiated.

Flipster does not support fiat deposits—no bank transfers, cards, or e-wallets are available. All funding must occur via cryptocurrency, so there are no fiat minimums, maximums, or processing times to consider.

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

CoinEx features progressive verification tiers—from no-KYC to Basic and Advanced levels—with the scope of trading and withdrawal increasing by tier; higher KYC levels unlock significantly elevated withdrawal capacities.

Flipster enforces a multi-level KYC verification process—from basic personal info to ID, proof of address, and source of funds—with each level unlocking full access to trading, deposits, and withdrawals; no tiered trading is allowed without KYC completion.

Withdrawals

Limits, Times & Networks

Withdrawals are capped at a maximum of $1,000,000 per day or per transaction, and support multiple networks like ERC-20, TRC-20, BEP-20, etc.; processing times depend on network congestion, and increasing your limit triggers a mandatory 24-hour security hold.

Customer Support

Users can reach support via a 24/7 live chat, email ticket system, and Help Center with detailed FAQs; tickets are submitted from the website footer and responses prioritize accuracy and clarity. Language support and average response times may vary.

Flipster offers responsive 24/7 support via live chat and email, along with a comprehensive Help Center and FAQs—users experience generally quick replies alongside self-service resources to resolve common questions.

Languages & Localization

The platform operates with native English and supports multiple other languages; fiat values can be displayed in common currencies like EUR and USD, while localized regulatory info may be limited depending on your country.

The platform is primarily in English, displays values in USD/crypto, and lacks localized fiat pricing or regulatory messaging tailored to specific countries—reflecting its crypto-native global orientation.

App Quality & Stability

CoinEx provides both iOS and Android apps, featuring a clean, intuitive design and access to core functionality. While official crash-rate metrics are not published, user feedback indicates stability with regular updates to enhance performance and usability.

Flipster’s mobile apps for Android and iOS are stable, mirror the desktop experience seamlessly, and are frequently updated—user reviews highlight their smooth performance and intuitive interface with minimal crashes.

Experience, Performance & Ecosystem

UX/UI

CoinEx offers a clean and intuitive interface with a clear “Beginner” section and more advanced options for experienced traders; while explicit “Lite” or “Pro” modes aren’t labeled, the layout provides a natural progression from simple guides to feature-rich dashboards, making the platform approachable for all skill levels.

Flipster delivers a sleek and intuitive interface that’s easy for beginners to pick up, yet powerful enough for pros—though it doesn’t offer separate “Lite” or “Pro” modes, its uniform design balances simplicity and advanced functionality in one accessible layout.

Performance

The platform boasts a high-speed matching engine built to handle order execution with minimal delay, and though official latency metrics aren’t public, user feedback suggests trading remains responsive even during volatility spikes; KYC processing tends to scale adequately, though verification backlogs can surface during market surges.

Engineered for speed, Flipster provides ultra-fast, sub-millisecond order execution with zero spreads on major perp pairs—even during volatile spikes—and although high-demand periods may slow KYC, trading performance remains reliably smooth for approved users.

Education

CoinEx provides robust learning tools including the CoinEx Academy with security guides, glossaries, and crypto fundamentals, plus a full-featured demo trading mode for risk-free practice; Spanish-speaking users are also supported via official Telegram and localized content.

While Flipster doesn’t offer a demo or simulator, it makes up for it with a helpful blog, glossary, and educational guides in its Help section—though content is primarily in English, with no dedicated Spanish-language academy or tutorials yet available.

Community

A strong community is available through official Telegram channels—both English and Spanish—as well as podcast-style livestreams and social media engagement; affiliate and referral programs are integrated too, rewarding users for growing the network.

Flipster fosters a strong community through its official Telegram channel and social features—users can set up profiles, share trades, mirror others, and participate in referral and affiliate programs that reward engagement and exposure.

Integrations

CoinEx features native integrations like TradingView for advanced charting, supports Telegram-based trading bots, and its affiliate/referral dashboards assist tracking performance; however, specialized tax or accounting tool integrations are not prominently highlighted at this time.

The platform doesn’t include native TradingView or tax tool integrations, but it supports external bot access via robust API/websocket infrastructure, enabling power users to connect and automate strategies with external tools.

Who Each One Is Best For

The platform suits growth-minded individuals who value a balance of clarity and strategy—newcomers benefit from educational tools and a clean interface, while seasoned traders can leverage demo trading, strategic tools like grid bots, and active community programs to refine their approach.

Flipster suits active perpetual traders and volatility chasers who prize execution speed and deep liquidity, while passive earners and social traders benefit from Launchpool and referral tools—less ideal for those seeking fiat, derivatives beyond perpetuals, or localized learning content.