How To Find Early Altcoin Gems Using CoinEx OnChain

Most traders only find the next 100x gem after it moons. But what if you could spot it before anyone else even hears about it? Until a few weeks ago, I was missing every early altcoin wave. Everything pumped before I even had a chance to get in. That’s when I tested CoinEx’s new OnChain trading feature. That was also the moment when things flipped.

It completely changes how you can find early gems. Now you can trade DEX tokens directly on CoinEx. There are no wallet risks, and no middlemen. This isn’t just another exchange update. It’s the bridge between CEX speed and DEX opportunity. I will explain how it works and why this might be the future of trading.

What Is the New OnChain Feature by CoinEx

CoinEx is a global cryptocurrency exchange platform. It was founded in 2017. This makes it a well-established exchange. CoinEx offers a variety of services. These include, among others, spot, margin, and futures trading for hundreds of cryptocurrencies. Now, CoinEx offers a new feature. That’s the OnChain trading feature. It allows you to trade DEX tokens in a self-custodial and decentralized way.

You can see OnChain as a token order service. It combines the advantages of a DEX with the ease and reliability of a CEX. So, this offers a merger between decentralized and centralized exchanges. CoinEx now gives you the option to trade a wide range of on-chain assets. There’s no need to use external wallets or a specific blockchain network. Thus, it gives you greater efficiency and improved security.

This offers a couple of advantages. So, let’s take a look at them.

• Token coverage. The design of OnChain is for tokens not currently supported on CoinEx Spot or CoinEx Swap. However, once CoinEx lists a token on CoinEx Spot, it’s removed from OnChain. 
• No Token Overlap. This is another important aspect. The tokens available on OnChain and CoinEx Swap are exclusive to each feature. So, to clarify, you won’t find a specific token on both features. This is a positive, though. It means coins previously not available on the platform ARE available now through OnChain.
• Trading Scope. OnChain only supports market orders. That’s right, it doesn’t offer the advanced features of CEX trading. For instance, limit orders. However, it allows you easy access to a broader range of tokens. That’s the main focus of OnChain, as the previous two points prove.

And here’s the big kicker. There are no trading fees. CoinEx doesn’t charge any extra fees. This is another great reason to start exploring this new OnChain feature.

Why OnChain?

OnChain is an exciting new feature on CoinEx. Hence, here are some reasons why you should try it. There are three main reasons.

1. Zero trading fees.
2. Buy early gems on OnChain. Stay ahead of the crowd.
3. Security. There’s no need for external wallet interactions. All transactions take place within CoinEx’s infrastructure.

But there are plenty more reasons to try out this new OnChain feature on CoinEx. 

• Effortless: No setup required. You can use your CoinEx account. There’s no need for you to transfer assets externally or create third-party wallets. This also greatly reduces various risk factors. For instance, information leaks, phishing scams, or missteps.
• Fast & Smart: Real-time quotes via smart routing. CoinEx aggregates liquidity from various DEXs. This is cross-chain and makes use of smart routing algorithms. Thus, securing the best prices and fastest execution in real time.
• Transparent: All transactions are traceable within your Spot account. You settle all your trades using your Spot account balance. Your Spot account has an OnChain assets section. Once you settle the balance, that’s where you find your OnChain assets. This offers full traceability and transparency.
• No more gas fee hassle: When trading new OnChain tokens, you only need $USDT. So, when using OnChain, there’s no need to deposit different tokens for gas fees. This is in contrast to other wallets. For example, you need $ETH when using MetaMask, $SOL on Phantom, or $TON on Telegram to cover gas fees. With OnChain, to complete a transaction, $USDT is all you need.
• Early gem buy: With OnChain you can buy early-stage tokens. That means as soon as they gain enough liquidity on DEXs. You only need to enter the contract address. Now you can complete the trade with only a few clicks.

So, let’s see how that works.

Trade via OnChain in 3 Easy Steps

Using and trading OnChain is easy. But before you can start using it, you need a CoinEx account. So, in case you don’t have that yet, you need to sign up here. As a bonus, you can get $100 to seed your account by completing a couple of quick tasks.

Buy Tokens

This process is so easy, you will see it happening in the background in real time while I tell you how it works. 

• Search for the token using its smart contract address, or select one from the “Top Searches” list. You can choose between tokens on Solana, Ethereum, or the BNB chain.
• Once a token gets listed on CoinEx Spot or CoinEx Swap, a box will appear and let you know. In that case, you can’t trade the token on OnChain anymore.
• Choose your payment cryptocurrency and enter the amount.
• Set your slippage tolerance.
• Review the estimated amount you’ll receive.
• Submit your buy order and wait for confirmation.

Sell Tokens

Selling works the exact same way.

• Select the token you wish to sell.
• Enter the amount you want to sell.
• Set your slippage tolerance and pick the cryptocurrency you want to receive.
• Review the estimated amount you’ll get.
• Submit your sell order and wait for the transaction to complete.

That’s how easy it is. And we just showed you a buy and a sell in less than 90 seconds.

Conclusion

To wrap this up, CoinEx has just unveiled its new OnChain trading feature. This is a game changing tool. It combines the strength of DeFi, like self-custody and transparency, with the ease of a centralized exchange. It’s time to try this yourself. Make sure to sign up for a new account, in case you don’t have one yet. So, sign up here, and you can get $100 to seed your account by completing a couple of quick, easy tasks.

Explore the OnChain trading tab and connect your wallet. We showed you how easy it is, and fast. And all in real time. So try CoinEx today for both its fast, secure CeFi platform and its flexible, new OnChain trading feature. Just click this link to get started.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.

We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. This article has been sponsored by CoinEx.

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