Why Did I Choose The Popular Bitcoin Exchange CoinEx?

Many new users may not have heard of CoinEx, but CoinEx is actually an old exchange. CoinEx is a global professional digital asset trading service provider founded in December 2017 and topped the global exchange trading volume rankings in July 2018. The platform has quality asset screening capability with good project service level, which can focus on innovative digital asset collection and provide comprehensive and high quality project investment options for global users. As a former user, anyone can also notice the rapid development of CoinEx over the last four years.

How is the CoinEx exchange different from other exchanges?

CoinEx offers many different features such as cryptocurrency trading, leveraged trading, perpetual contracts, AMM market maker and mining making it one of the most complete trading platforms in the world. The platform supports 15 languages, including Chinese, English, Japanese, Korean, Russian, French and Turkish, and serves global users in nearly 100 countries and regions. Outside of the platform’s product functionality and trading experience, I’m more interested in CoinEx’s Ambassador Program because users can receive income and rights directly from the CoinEx Ambassador Program.

The CoinEx Ambassador Program is a “Users benefit” program launched during the global pandemic in 2020. At that time, investors in many countries and regions were in economic difficulties due to the epidemic. The launch of the CoinEx Ambassador Program solved the immediate needs of some users to some extent – ​​even if they were unable to go to work, they became CoinEx Ambassadors and started earning income. According to CoinEx’s pertinent information, less than a month after the Ambassador Program was launched, it received more than 5,000 applications from around the world.

The most attractive aspect of the CoinEx Ambassador Program is that the users invited by the Ambassador can receive a referral commission of up to 50% in USDT from their transactions. According to previous relevant data on CoinEx’s official website, prominent CoinEx ambassadors earn around 4500USDT per day from commission returns! The 50% commission amount is a very high rate, and even if the ambassadors do not trade, they can make real money. Of course, the commission of the ambassadors is related to the number of invited ambassadors and the transaction activities of the invitees. The more people invited, the higher the transaction volume and the higher the income of the ambassadors.

CoinEx’s Ambassador Program seems like a really good choice. Are there similar ambassador or ARM support programs on other trading platforms? What are the thresholds and benefits? We analyzed Binance and OKEx for you and made a comparison.

1- Binance Angel and Binance ARM Program:

Binance Angel and Binance ARM Programs are also joint support programs similar to the CoinEx Ambassador Program. Let’s start with Binance Angel first. Although this program has a relatively low threshold and users’ BNB position requirement is low, it does not have many obvious benefits. Binance usually does not give direct monetary rewards to Binance Angels, but instead gives them implicit entitlements such as Binance Launchpad whitelisting, financial support for offline meetings, and environmental services.

Binance’s ARM program is split into Binance Spot ARM and Binance Contracted ARM. There is a relatively high threshold for ARM applications. Applicants must be YouTube vloggers, cryptocurrency community leaders, media writers and other content creators who meet the following criteria:

• Having more than 5,000 followers on social media;
• Having more than 500 members of the community he created;
• The customer base of commercial institutions and organizations exceeds 2000 people;
• Owning a media publishing platform.

It is worth noting that the Binance KOL Program separates spot trades and contract trades. Spot or contract trading volume of users invited by Binance KOL is also collected separately, and the corresponding commission rate is also different. Generally speaking, Binance Contracted ARM only has a 30% commission rate, with a minimum of 100 new registered users to be invited every three months and the minimum total trading volume of new registered users to reach 500BTC every three months. Meeting this requirement is quite difficult even for large ARMs, let alone small users.

At CoinEx, after becoming an Ambassador, transactions created by a user through contract transactions, leveraged transactions or spot transactions are directly included in the total trading volume and can receive commission rewards of up to 50%. Also, CoinEx, the threshold for Ambassador applications is not as high as Binance:

• Independently create blockchain communities to support the promotion of CoinEx;
• Facebook, Twitter etc. have personal social media accounts, including but not limited to;
• Meet-up, fan meetings, etc. have experience and resources in organizing offline events, such as
• Experience in promoting digital currency trading platform, whether online or offline;
• have long-term available event spaces that can be used for CoinEx’s offline events;

To apply for the CoinEx Ambassador Program, users simply need to complete authentication and meet one of the criteria above.

If you are ARM and have a certain influence on Twitter, Facebook, YouTube or media platforms, you can place your special CoinEx invite link in articles, profiles and Tweets. You will receive a commission of up to 50% of the invitee’s transaction fee for any user who signs up with CoinEx through your invite link and makes spot or contract trades.

2. OKEx Morning Star Program

The OKEx Morning Star Program does not have a high threshold, but new users must have a community resource of at least 500 people and a monthly activity rate of at least 30% as a prerequisite for new users to join. This is a challenging elimination mechanism for inexperienced users. CoinEx’s Ambassador Program is more user-friendly and has a lower entry threshold for newcomers. Even if you are not a KOL, you can apply to become a CoinEx Ambassador if you have a self-managed community, support the promotion of CoinEx, or have a self-managed social media account.

Overall, when we compare CoinEx to these two trading platforms, CoinEx’s commission payment of up to 50% (including currency trading, leverage trading and perpetual contract) is more attractive than the other two platforms. In fact, the ambassador can make huge profits. In addition, CoinEx ambassadors can enjoy various additional benefits such as official resource sharing, official certificate of honor, priority to attend events, and early access to new features. The CoinEx Ambassador system is built on the idea of ​​“If you work, you get what you deserve”, the rating system is applied and the initiative is given as much as possible by holding the ambassador responsible for his own interests.

Overall, the CoinEx Ambassador Program is indeed more user-friendly in terms of thresholds and commissions. Whether you are casual small gamers, KOL, professional investors, media, or even inexperienced investors looking to enter the cryptocurrency cycle to make a fortune, you can increase your wealth as a CoinEx Ambassador. For CoinEx, KOL through overall ecological strength, product strength and influence will foster the well-being and development of digital assets, establishing a new relationship with community members, working with communities on a win-win principle. For reference this address you can visit.

Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!