YieldHow safe is CoinEx Earn,
really?
Instead of a vague 'trusted' badge, we grade CoinEx Earn on five concrete, checkable criteria — each with sources. Here's exactly how it scores.
Criterion by criterion, with sources
- ✗
Regulation
Founded in Hong Kong, operated by ViaBTC Group. Regulatory standing is less transparent than larger exchanges — no public Tier-1 (FCA/MAS/SEC) or VARA/MiCA licenses. Source →
- ✓
Proof-of-Reserves
Publishes Merkle-tree PoR since 2022, audited by SlowMist. Latest update May 2026, 1:1 (100%) coverage. Source →
- ✓
Flexible withdrawal
Flexible Savings with no lock period and hourly accrual. Fixed-term products are clearly timed. No withdrawal complaints. Source 1 → Source 2 →
- ✗
Insurance Fund
Shield Fund (10% of trading fees) and Insurance Fund (30% of margin interest) — together around $33M+ as of mid-2025. Small by industry standards. Source →
- ✗
Track record (2+ years incident-free)
September 2023 hot-wallet hack of ~$70M (attributed to Lazarus Group). The exchange paused withdrawals, resumed within ~9 days, fully compensated users without diluting its CET token, and recovered over ~9 months. Source →
Incidents we count
Known incidents
1- September 2023 Hot-wallet hack via compromised private keys. Early estimates put it near $55M; CoinEx later stated roughly $70M itself, calling it "a small portion" of its assets. The Lazarus Group link comes from blockchain investigators, not from CoinEx. Withdrawals were paused and CoinEx publicly promised affected users 100% compensation. Stated plainly: we could not confirm that the compensation was actually paid in full — it is a promise, not a verified outcome. CoinEx's own announcements are closed to us; the exchange geo-blocks our region and redirects to a login form. Source →
Current earn rates on CoinEx Earn
| Asset | Rate | Type |
|---|---|---|
| USDC | 2.0 % | flexible |
| ETH | 1.5 % | flexible |
| USDT | 1.0 % | flexible |
| BTC | 0.5 % | flexible |