CoinEx Weekly Update, 15–21 March 2021

Dear CoinEx users, to keep you updated each week, we will share with you a recap of all the exciting events of the previous week. Below are major events that occurred in the ecosystem over the 15–21 March 2021.

CoinEx Spring Events: Try Perpetual Trading and Win 80,000 USDT

To give back to your support and trust, we will hold spring events of perpetual contract with a big reward of 80,000 USD in total.

Duration: March 18 — April 1, 2021 (UTC)

  1. First Try Perpetual Trading to Win 50,000 USDT
    Applicable to: Registered before 0:00 (UTC) on March 18, 2021, users with a cumulative trading value of over 100 USD and without any perpetual trading records can join this event. Click HERE to check whether you met these conditions.
  2. 2. Join Perpetual Trading Competition to Share 30,000 USDT
    Applicable to: All users




About BEL
Bella Protocol is a platform that provides a suite of DeFi products designed to make crypto banking simpler and more accessible. The protocol aims to create a better user experience by eliminating the high fee and slow transaction issues that can affect some blockchain platforms — while simultaneously improving the user experience through its simplified DeFi smart portal.


About RLY
Rally is an open network that enables creators to launch vibrant and independent economies with their communities powered by the ethereum blockchain.Rally’s goal is to be a decentralized network for creators to monetize and align themselves with their community. As a community-owned network, the community is in charge of making the decisions for how the network evolves, not the Rally team itself.

CoinEx Monthly Report (February, 2021)

Dear CoinEx users, the details of CoinEx’s monthly ecology report for February available HERE.


Adjustment of AMM Rules on CoinEx

For each market that has enabled AMM, user can add market-making asset without any limit. However, the withdrawal of market-making asset is unavailable within 24 hours after every asset increase.

CoinEx Will Support the Loom Network (LOOM) Contract Swap & Upgrade

LOOM Deposit & Withdrawal:
1. Closes at: 2:00 AM on March 16, 2021 (UTC)
2. Estimated time to reopen: Depends on the upgrade progress.

SIMPLE Address Format Upgrade for Deposit & Withdrawal

CoinEx has upgraded the address format of SimpleChain (SIMPLE) deposit and withdrawal. After completion, deposit address format of SIMPLE will be replaced with a new address starting with “Si”, and the old format address will not be affected. Withdrawal address of SIMPLE is also compatible with addresses in new and old formats.

LUNA Deposit and Withdrawal Suspension

LUNA Deposit and Withdrawal:
Close on: March 18, 2021 (UTC)
Estimated time to reopen: Depends on the update progress.

CoinEx Institution

Arbitrum, A Star Project of Layer 2, Is Coming Soon, Which Vitalik Is Optimistic About

CoinEx Chain

Upgrade of CoinEx Chain to CoinEx Smart Chain

CoinEx Chain is committed to building the next generation of blockchain financial infrastructure. In order to better achieve this goal, CoinEx Chain team plans to launch a public chain that supports smart contract: The CoinEx Smart Chain (CSC). At the same time the existing DEX chain will stop operating after the CSC mainnet goes online.


As a global and professional cryptocurrency exchange service provider, CoinEx was founded in December 2017 with Bitmain-led investment. It is a subsidiary brand of the ViaBTC Group, which owns one of the largest BTC mining pool, which is also the largest of BCH mining, in the world.

CoinEx supports perpetual contract, spot, margin trading, and other derivatives trading, and its service reaches global users in nearly 100 countries/regions with various languages available, such as Chinese, English, Korean and Russian.




Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store