coincaex review

The published taker fee is 2%, applied on standard orders with no account tier shown. That is a wide gap above the buy crypto median of 0.25%, so costs will eat into smaller and more frequent trades quickly. No maker or discount rate is listed.

The exchange lists Comision Nacional de Activos Digitales (CNAD) El Salvador as its regulator, and the licence on file is PSAD-0044. It is a single named regulator rather than a multi jurisdiction setup, which keeps the compliance picture simple to read.

The listed fiat deposit method is bank, so a bank transfer is the route in. Card funding, which many buyers expect on a retail exchange, is not part of the account. Deposits sit with the exchange because the wallet is custodial.

The listing covers from 7 coins, which is a small catalogue beside the buy crypto median of 60. If your plan involves anything beyond the majors, check the list before funding, since adding pairs later is the slower part of using a short listing.

It holds a licence issued by Comision Nacional de Activos Digitales (CNAD) in El Salvador, numbered PSAD-0044. The regulator also appears on its own about page, so the same body covers both the company and the licence.

The operator is Central American Coin Exchange, SA de CV, a company registered in Guatemala and founded in 2018. The legal name in the terms matches the regulator entry, which is a useful check before you send money to a newly listed venue.

Support is offered over email, chat and phone, covering email, chat, phone and a help centre. Phone and chat availability is more useful than email alone for time sensitive order questions, and the help centre is the first place to check for fee or listing details.

The account is custodial, so CoinCaex holds the balance on your behalf and you trade from that balance. That is the common setup for retail exchanges and simpler for beginners, but it means withdrawal support depends on the exchange rather than on a wallet you control.