CoinEx Introduces Cryptocurrency Loan Service Coinex Loans

The cryptocurrency exchange CoinEx has launched the Coinex Loans service. Users can obtain funds for trading, investment, and withdrawal against cryptocurrency collateral. This was announced in a blog post by the platform.

Coinex Loans supports 30 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), BNB, and XPR. Both full and partial debt repayment options are available.

To obtain funds, users need to visit the Crypto Loans page, select a coin, and click the “Borrow” button.

Source: Coinex.

“CoinEx products are suitable for users seeking sources of short-term profits through additional funds, and for those looking to optimize investment portfolios. We help investors earn more during bull markets,” commented the platform team.

CoinEx is a cryptocurrency exchange that has been operating since 2017. The platform offers spot, margin, and strategic trading, perpetual contracts, and financial management services. The CoinEx ecosystem also includes a multi-currency wallet, block explorer, and the CoinEx Smart Chain protocol.

Earlier, CoinEx’s Product Director GiGi discussed the exchange’s plans for 2024.