What is CoinEx Swap?
CoinEx Swap is a fast exchange service that enables instant conversion between different cryptocurrencies.
The system automatically calculates the latest quoted price. After the transaction is confirmed, the converted assets will be credited to your Spot Account, so you won’t need to place an order in the spot market.
How to use CoinEx Swap?
1. Visit CoinEx's official website (https://www.coinex.com), log in to your account, and select [Swap] under [Spot] in the navigation bar.
2. Select the cryptocurrencies you want to convert from and to. You can also quickly select currency pairs from the “Trending Swaps” below.
3. Enter the amount to convert, and the system will calculate and display the estimated amount to be received/paid.
4. Click [Swap], confirm the details, then click [Confirm] to complete the swap transaction.
Note: Swap will be executed against the real-time price after submission. Please refer to the actual amount received.
5. You can check the swap status in the “Last 5 Records” at the bottom of the page.
Swap order statuses
1. In progress: The swap will be complete shortly.
2. Completely swapped: All your assets are converted to the target coins.
3. Partially swapped: Due to the insufficient market depth, only part of your assets are converted to the target coins, and the unconverted assets will remain in your Spot Account.
4. Unsuccessful: Due to the insufficient market depth, your swap wasn't executed, and all the assets remain in your Spot Account.
FAQ about Swap
1. What is the advantage of Swap compared to Spot trading?
CoinEx Swap supports any currency pair combination and enables instant exchanges without manual order placement.
2. Do I need to transfer funds before swapping?
No. Swap directly deducts funds from your Spot Account, and the target crypto is deposited into the same account.
3. What are the minimum and maximum limits per swap transaction?
The minimum swap amount is 1 USD equivalent. Limits vary by currency. Please refer to the page for details.
(1) If the entered amount is below the minimum, the system will display the minimum limit.
(2) Click the [Max.] button on the right side to automatically fill in the maximum amount available for swapping.
4. How is the conversion price determined?
The conversion price is determined by the system based on the current market depth. The actual received amount may vary.
5. How often is the reference price updated?
The reference price is updated every 5 seconds.
6. Is there a daily limit on the number of swaps?
No, but an upper limit is set per swap transaction.
7. Are there any fees for swapping?
Yes. The rate is displayed on the page.
VIP discount and CET deduction can be used at the same time for non-AMM trading pairs. Please refer to "Fees" for details.
8. Why can't I use CET to deduct fees for a swap order?
(1) You haven’t enabled [Use CET as Fees] in [Preferences Settings].
(2) The CET balance in your Spot Account is insufficient.
9. What should I do if it says "Insufficient Balance"?
You may click the [Deposit] icon to add funds on the “Deposit” page, or simply reduce the swapping amount.
10. What should I do if it says "Insufficient Market Depth"?
This occurs when market depth is too low for the swapping pairs. Please use Spot Trading instead.
11. How can I check my swap history?
(1) On the Swap page, you can check the [Last 5 Records] at the bottom. If you want to check the full history, click [All Records] instead.
(2) Click on [Orders] > [Swap Order] on the right side of the navigation bar to enter the page.