Comparison of Coinw vs Mudrex [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Coinw vs Mudrex comparison!

Your expert: Alejandro Borja

coinw

Coinw

Your expert: Xavier Tarrasó

mudrex

Mudrex

Main points

Fees

0.20%

Earns

Yes

Customer service

3/5
0,25%

Fees

No

Earns

3/5

Customer service


Recommended for

Beginners

No

Trading

Yes

Passive income

Yes

Buy and hold

Yes
No

Beginners

No

Trading

No

Passive income

Yes

Buy and hold


Comparison of fees

Rating

4.0 – Reasonable fees with additional benefits for high-volume trading.
3.9 – Reasonable fees with additional benefits for automated trading.

Level

0.20%
0,25%

Brief explanation

CoinW maintains a competitive and transparent fee structure tailored to benefit both casual and active traders. The exchange charges a base rate of 0.2% for both makers and takers, which can decrease significantly with increased trading volume thanks to their tiered fee system. This system not only incentivizes frequent trading but also rewards high-volume traders with even lower rates, making it an attractive option for those looking to execute large transactions. Additionally, CoinW does not charge different fees between takers and makers, simplifying the cost calculations for traders and providing a clear, straightforward trading cost framework.
Mudrex does not charge any trading fees for its automated trading bot services, which is a significant advantage for users looking to maximize their profits without worrying about the cost of each transaction. This fee structure is particularly beneficial for both high-frequency traders and those new to the crypto markets, as it allows them to experiment with different strategies without the burden of additional costs. The absence of trading fees makes Mudrex an attractive platform for users seeking to optimize their trading efficiency and profitability in the cryptocurrency market.

Coinw

Mudrex

Comparison sponsored by the best exchange

eToro

eToro Special Offer*

Earn up to 4.90% APY on uninvested cash with eToro USA.

Account Minimum

Get started with just $100.

And 1% fee on all cryptocurrency trades.

etoro logotipo

Direct link to the website

Product selection

Native token

No
No

Earns

Yes
No

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Unknown
Mudrex Inc

Regulation

Not regulated
Not regulated

Year founded

Unknown
2019

Founder

Unknown
Edul Patel

Payment methods

Transfers

No
No

Mastercard

No
No

Wire transfer

No
No

Card

No
No

Comparative table

Coinw FEATURES Mudrex
CoinW offers low minimum trade thresholds, making it accessible for beginners and those with smaller budgets to engage in trading.
Minimum Trade
Mudrex allows users to start with relatively small amounts, making it accessible for beginners.
CoinW maintains competitive trading fees, starting at 0.2% for both makers and takers, which decrease with higher trading volumes.
Trading and Transaction Fees
One of Mudrex’s significant advantages is its no trading fee policy on automated bot strategies, which is highly cost-effective.
With over 1,000 cryptocurrencies available, CoinW provides a vast array of trading options, catering to diverse investor interests.
Number of Cryptocurrencies
While Mudrex supports popular cryptocurrencies, its range is less extensive compared to larger exchanges.
The platform supports numerous crypto-to-crypto trading pairs, offering significant flexibility and opportunities for arbitrage.
Crypto-to-Crypto Trading Pairs
Mudrex focuses more on trading strategies than on offering a vast number of trading pairs.
CoinW provides clear information on its fees and policies, although improvements can be made in disclosing full details on security practices and fund storage.
Website Transparency
Mudrex provides clear information about its trading strategies and results, but could improve transparency regarding its operational aspects.
CoinW lacks an exchange card for in-store purchases.
Credit/Debit Card
Mudrex does not currently offer a debit or credit card for customers to use in their day-to-day transactions or at their shops.
CoinW uses cold storage for the majority of its funds, enhancing security but details on the extent and management of these storages could be more transparent.
Storage Offering
Mudrex offers secure storage options, with a majority of assets held in cold storage ensuring high security.
The exchange offers staking and rewards programs, but more detailed information and wider variety of options could improve user engagement.
Staking and Rewards
Offers competitive staking opportunities and rewards, though these might be linked to specific conditions and availability.
Both the mobile app and desktop platform of CoinW are user-friendly and reliable, though occasional updates and feature enhancements would provide a smoother experience.
Mobile App and Desktop
The Mudrex platform is accessible via desktop and has a functional mobile interface, although it may lack some features available on the desktop version.
While available 24/7 via chat, the lack of phone support and sometimes delayed responses are areas needing improvement.
Customer Service
Generally responsive and helpful, but there could be improvements in wait times and support hours.
CoinW offers multiple deposit and withdrawal methods, but the addition of fiat currency options could significantly enhance user convenience.
Deposit and Withdraw
Deposits are straightforward, but the platform currently lacks support for direct debit/credit card deposits, and withdrawal options could be more diverse.

Key features

Analysis tools

Basic charting tools
Automated trading bots

Mobile APP

No
No

Security

High 4,9/5
High 4,6/5

Additional features

Margin trading, futures trading, staking, CoinW Earn program
Automated trading strategies, staking, Mudrex Coin Sets

Anonymity

Yes
Yes

Key points

Available cryptocurrencies

100+
Platform for crypto algorithms, not direct trading

User-friendliness

CoinW features a simple and user-friendly interface that is suitable for beginners. The platform focuses on making cryptocurrency trading accessible and easy to understand.
Mudrex offers a user-friendly platform that is easy to navigate, making it suitable for beginners. The interface is designed to facilitate a smooth trading experience with all necessary features easily accessible.

Value for money

Provides decent value for money with competitive fees and a user-friendly interface, though it may lack some advanced features.
Provides good value for money with competitive fees and automated trading strategies, making it an attractive option for new and experienced traders.

Countries of operation

United States, Canada, United Kingdom, Australia, Singapore
United States, Canada, United Kingdom, Australia, India

Best for

Suitable for beginners and experienced traders seeking a user-friendly platform with competitive fees.
Ideal for traders interested in automated trading strategies and competitive fees.

Base currencies available

CNY, BTC
Platform for crypto investments, not direct trading

Account

Trading

CoinW provides a secure and user-friendly platform with a good selection of cryptocurrencies. It offers competitive fees but lacks some advanced trading features.
Mudrex focuses on automated trading strategies, allowing users to invest in pre-built algorithms. It offers a unique feature but has a smaller selection of cryptocurrencies compared to leading exchanges.

Deposit and withdrawal

CoinW supports various deposit and withdrawal methods, including bank transfers and crypto. Withdrawals are processed efficiently, with low fees.
Mudrex focuses on automated trading strategies and supports various deposit and withdrawal methods. Withdrawals are processed efficiently, with competitive fees.

Account opening process

CoinW offers an easy and quick account opening process. Users need to provide personal information and verify their identity. The process is efficient and usually takes less than a day to complete.
Mudrex offers a seamless and fully digital account opening process. Users need to provide personal information and verify their identity. The process is quick and typically completed within a day.

KYC required?

No
No

Customer Service

CoinW offers customer support through email and live chat. The support team is responsive, but the lack of 24/7 support may be a limitation for some users.
Mudrex offers customer support via email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.

Security

CoinW employs comprehensive security measures, including 2FA and cold storage. However, it lacks regulation from major financial authorities, which might be a concern for some investors.
Mudrex provides strong security with 2FA and encryption. Despite its robust security measures, the platform is not regulated by top-tier financial authorities, which could be a concern for some investors.

Which of these exchanges is for you?

As an expert closely following the cryptocurrency exchange landscape, I’d like to share my insights on CoinW. This platform stands out primarily for its extensive selection of cryptocurrencies, accommodating over 1,000 different types, which makes it an attractive choice for traders looking to explore a variety of crypto assets. CoinW’s security measures are stringent, providing users with peace of mind when trading. Furthermore, their customer service is accessible 24/7 through chat, ensuring that assistance is always just a message away, although expanding support options could enhance user experience. In summary, if you’re seeking a platform with a wide array of trading options and solid security, CoinW is certainly worth considering.
As one of the experts on our website, I would recommend Mudrex for anyone interested in cryptocurrency trading, especially if you’re looking to leverage the power of automated trading bots. Mudrex simplifies the process by providing a platform where even those with minimal trading experience can participate effectively. The user-friendly interface and the “no profit, no fee” model make it an appealing choice for both beginners and seasoned traders. Whether you’re looking to actively manage your investments or prefer a more hands-off approach, Mudrex offers tools that can help you achieve your financial goals in the crypto space.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

More comparatives Coinw and Mudrex