CoinEx Lists NIM

Reading Time: 2 minutes ;  Published: 6 months ago on November 29, 2021

Nimiq now has even more available trading options. Starting from Oct 29 and after a rigorous reviews, CoinEx listed NIM with support for deposit, withdrawal and Automated Market Making (AMM). The trading pairs NIM/USDT and NIM/BTC where also enabled from the same day.

CoinEx is an excellent cryptocurrency exchange for people looking for a strong spot trading market with the possibility of choosing perpetual futures and margin trading for more experienced investors. The number of supported tokens is immense and still steadily growing, which means you will be able to find an excellent selection of altcoins there.

CoinEx has low fees, no forced KYC, although you can increase the withdrawal limits by verifying your account. The exchange is especially well-suited to users who prefer their privacy. It has strong security, with support for 2FA via SMS and TOTP (Google Authenticator and alike). Supports fiat purchases with credit card, although there is no support for bank deposits yet. Selling crypto for fiat is available only for RUB.

CoinEx offers a relatively straightforward user interface design that should be familiar to most crypto traders, but also has an easy-to-use interface that shows all relevant information without overwhelming the users. They also have a mobile app with all the features available directly from your mobile device.

Most interestingly, in the opinion of the author of this post, is the ability to deposit/withdraw USDT tokens using the Tron network (TRC20) and the Binance Smart Chain (BSC) along side the Ethereum network (ERC20), which would save you some money when transferring tokens between exchanges that support any of those networks.

More info: https://announcement.coinex.com/hc/en-us/articles/4409270821396-CoinEx-Will-List-NIM-on-October-29