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CoinFLEX

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Founded in

2019 (6 Years)

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321 Reviews

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4.55/5

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Company Information

Get to know CoinFLEX

Founded in 2019, CoinFLEX (Coin Futures and Lending Exchange) was a centralized cryptocurrency exchange specializing in physically delivered futures and other derivatives. The platform aimed to provide a venue for institutional and retail traders to hedge crypto exposure. In June 2022, the company halted all customer withdrawals, citing extreme market conditions and a counterparty's failure to meet a margin call. This led to a significant shortfall, forcing the company to file for restructuring in a Seychelles court. In early 2023, the restructuring plan was approved, and the company's founders, along with the founders of the defunct hedge fund Three Arrows Capital, launched a new exchange, Open Exchange (OPNX), to trade bankruptcy claims, with CoinFLEX creditors receiving equity in the new entity and RV tokens.

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Industry

  • Crypto ExchangePRIMARY
  • Crypto Broker
  • Crypto Cryptocurrency

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Katharina Widmann

Katharina Widmann

Direct review

Excellent

Overall Thought

After such a long wait, I honestly wasnโ€™t sure this day would come, but CoinFLEX really delivered. I received my repayment in full, and the process was smooth once things got moving again. Big respect to the team for sticking with it and honoring their word. Patience really paid off!

Thg 10 27, 2025
A

fatimamuhammadmunir034

Direct review

Excellent

Overall Thought

CoinFLEX stands out as a robust cryptocurrency futures exchange. With its innovative "Futures 2.0" model offering flexible settlements, attractive yield opportunities, and a wide range of supported assets, it caters to both retail and institutional traders. CoinFLEX's focus on transparency and user-centered design makes it a standout choice in the crypto derivatives landscape.

Thg 08 29, 2023
A

joevados

Direct review

Excellent

Overall Thought

Offers innovative features like yield-generating stablecoin futures and flexible leveraged trading options. With robust security measures and a responsive customer support team, is a top choice for experienced traders seeking advanced derivative products.

Thg 08 26, 2023
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