CoinEx officially launched OnChain, a brand-new feature that makes trading decentralized exchange (DEX) tokens easier, faster, and more secure — all without the direct blockchain interaction. Whether you’re a seasoned trader or just dipping your toes into crypto, OnChain opens the door to a simpler, safer way of accessing on-chain assets right inside CoinEx.
What is CoinEx OnChain?
OnChain is CoinEx’s token order service that combines the advantages of decentralized exchanges (DEX) with the convenience of centralized exchanges (CEX). Users can trade a diverse range of on-chain assets on CoinEx without engaging directly with the blockchain, enhancing both efficiency and security.
How to Trade with OnChain in 3 Easy Steps
Users can enjoy an easy-to-use interface for OnChain
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1. Buying Tokens
- Search by contract address or pick from the “Hot” list.
- Enter your payment crypto and amount, adjust slippage tolerance, and confirm your trade.
- Submit the order
2. Selling Tokens
- Select the token you want to sell.
- Enter the amount, choose the crypto you want to receive, adjust slippage, and confirm.
- Submit and wait for your transaction to complete.
Effortless Fund Management
OnChain integrates seamlessly into your CoinEx Spot Account:
- When you buy: Payment comes from your Spot Assets, and purchased tokens are stored under OnChain Assets.
- When you sell: Proceeds are deposited directly back into Spot Assets.
- Note: Transfers between Spot Assets and OnChain Assets aren’t supported.
This setup makes on-chain asset management just as straightforward as regular spot trading.
Fees
- Gas Fee: Paid to blockchain validators, as with any on-chain transaction.
- Trading Fee: Currently 0% from CoinEx.
That means you’re only covering gas, making OnChain trading cost-effective.
A Word of Caution
On-chain assets are notoriously volatile. Before diving in:
- Double-check token contract addresses.
- On-chain tokens exhibit extreme price volatility—strictly control investment amounts to avoid impulsive decisions
CoinEx encourages responsible trading and urges users to understand the risks before engaging with on-chain tokens. With OnChain, CoinEx is lowering the barriers to decentralized trading. You get DEX-level token access without the friction of wallets, bridges, or clunky interfaces.