CoinEx CET Price

What is CoinEx (CET)?

CoinEx Token (CET) is the native asset of CoinEx Chain, a public blockchain that went live in November 2019, aiming to establish a decentralized trading system governed by the community. As of now, CET is priced at $0.0321, reflecting a 1.17% increase in the last 24 hours. Despite an all-time high of $0.145 on May 12, 2021, the current value is down by 77.9%.

With a circulating supply of 3.18 billion tokens out of a maximum supply of 10 billion, CoinEx Token boasts a market capitalization of $102.04 million, contributing 0.01% to the overall cryptocurrency market. The 24-hour trading volume stands at $70.63 thousand, and it is actively traded on 3 markets across 1 exchange, primarily on CoinEx.

About CoinEx Token

Issued in January 2018, CoinEx Token serves various purposes within the CoinEx ecosystem. It plays a crucial role in the development of CoinEx Chain, comprising three public chains: DEX Chain for trading, Smart Chain for smart contracts, and Privacy Chain for enhanced privacy.

CET holders enjoy several benefits, including discounts on trading fees and the ability to purchase value-added services on CoinEx. The token is also used to pay for trading fees within the CoinEx Chain, participate in staking, and initiate and vote on proposals. CoinEx Token (CET) is pivotal in creating a decentralized public chain ecosystem.

CoinEx Token Utility

CET has a range of use cases within the CoinEx ecosystem, enhancing its value and utility:

Trading Fee Discounts: CET holders can directly deduct the token as trading fees, enjoying dedicated discounts.

VIP Services: CET holders attain VIP membership, unlocking exclusive privileges such as withdrawal acceleration, fee discounts, and personalized customer service.

Promotional Campaigns: CoinEx Token holders qualify for special privileges in promotional campaigns, including airdrop rewards and Accelerator support for quality projects.

Value-Added through Daily Repurchase: The ecosystem enhances CET's value through daily repurchase mechanisms.

Historical Perspective

Founded in December 2017, CoinEx introduced the CET token in January 2018. Since then, it has evolved into a global cryptocurrency exchange, prioritizing security, stability, and efficiency. CoinEx facilitates various trading options, including spot, margin, futures, and other derivatives.

In summary, CoinEx Token (CET) stands as an integral component of CoinEx's ecosystem, contributing to the vision of a decentralized trading system. With a rich history since its inception in 2018, CET continues to offer a range of benefits to its holders, from trading fee discounts to participation in community governance through proposal voting. As CoinEx Chain's ecosystem develops, CET's role is poised to expand, making it an asset worth watching in the dynamic cryptocurrency landscape.

CoinEx Token (CET) serves multiple purposes, offering unique utility within the CoinEx ecosystem. It can be used for trading fee discounts, VIP services, participation in promotional campaigns, and is integral to the CoinEx Chain's decentralized public chain ecosystem.

What is unique about CoinEx (CET)?

CoinEx Token (CET) distinguishes itself by being the native asset of CoinEx Chain, a decentralized trading system governed by the community. It offers a range of benefits, including trading fee discounts, VIP services, and participation in the CoinEx Chain ecosystem.

Who are the founders of CoinEx (CET)?

CoinEx was founded in December 2017, the platform has been actively contributing to the cryptocurrency exchange space since its inception. Its founder is Haipo Yang.

Who are the backers/investors of CoinEx (CET)?

CoinEx, as a cryptocurrency exchange, has likely received support from various stakeholders in the broader blockchain and crypto industry.

Where can I buy CoinEx (CET)?

You can buy CoinEx (CET) on CoinEx cryptocurrency exchanges.