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Exchange Review
This exchange has been flagged as inactive. There are many reasons for being flagged as inactive. We recommend you read the text below to understand why Quoinex has received the inactive flag.

Quoinex

Exchange Fees

BTC Withdrawal Fee 0 • Taker Fee 0.00% • Maker Fee 0.00%

Deposit Methods

Yes Wire Transfer No Credit Card

Cryptos (8)

Bitcoin Cash, NEO Token, QASH Coin, Qtum Coin, XRP and 3 more

Please note that this exchange has been rebranded. What was once Quoinex, is now Liquid. Please visit our review of Liquid instead.

Quoinex is a Japanese cryptocurrency exchange. As such, it competes with other Japanese exchanges such as e.g. Bitbank.

However, Quoinex is really something else. To begin with, during 2018 it is currently the fifth most heavily funded startup in all of Japan, having obtained USD 105 million in seed financing.

Additionally, this cryptocurrency exchange is the first cryptocurrency exchange in the world to receive an official license from Japan’s licensing authority JFSA (Japan Financial Services Agency). The decision was given 29 September 2017. This is of course extremely impressive.

This trading platform does not list US-investors as prohibited from trading. However, as you surely know if you are from the USA, US-investors should always do their own independent assessment of any problems arising from their residency or citizenship.

To celebrate the license from JFSA on 29 September 2017, the exchange immediately dropped almost all of their fees. What a celebration!

This means that the trading fee is 0%, regardless of whether you are a taker or a maker! Spot trading and margin trading doesn’t result in any fees either (save for the daily interest cost on margin trading). The now mentioned zero-fee structure is a campaign, but it has been running for sometime and does not seem to end in the near future.

The above trading fees are without a doubt a very strong competitive edge for this particular cryptocurrency exchange.

Quoinex does not charge any withdrawal fees at all for withdrawing cryptocurrencies either. Also this is a very strong competitive edge in the market and really distinguishes Quoinex from most other top crypto exchanges.

Quoinex offers wire transfer as a deposit method, but you can’t deposit via credit card. This of course negative news to you if you would prefer to use your credit card for any reason. However, as this trading platform accepts deposit of fiat currencies at all, it distinguishes itself from many exchanges that only allows deposits in cryptocurrencies.