Buy and sell crypto without any tax thanks to CoinEx. On September 13, 2022, the world-famous crypto exchange platform CoinEx launched a promotion lasting 7 days. This offer is called “ Enjoy buying and selling crypto via Banxa without any fees ” in partnership with Banxa, a payment service provider. During the ad campaign, all CoinEx users can buy or sell USDT, USDC, BTC, and ETH with 0% fees.
A free trading promotion
Instead of the “C2C fiat trading model” on CoinEx, users buy crypto with fiat currency via the “B2C fiat trading model” where they can buy and sell Bitcoin and other cryptocurrencies directly from the service of fiat currency on the exchange platform.
Currently, CoinEx has signed partnerships with 6 other service providers. We thus find Banxa, Guardarian, Simplex, Mercuryo, Moonpay, and Advcash which support more than sixty different fiat currencies in Visa or MasterCard. With this third-party fiat currency service, CoineEx users can buy popular cryptocurrencies like Bitcoin, Ethereum, or USDT whenever they want.
As a third-party payment service provider, Banxa provides compliant crypto/fiat services for crypto users and supports multiple payment methods including global credit card providers, EU bank transfers, Australia and in the UK, and cash payments.
Currently, Banxa supports 31 different types of fiat currency payments on CoinEx and supports payment methods such as Visa, Master, SEPA, BANK, etc.
It should be noted that this is the first time that CoinEx has partnered with a third-party fiat currency service provider to hold promotional events, which indicates that the platform plans to expand the scope of benefits offered to users and reflects its commitment to improving fiat currency deposits/withdrawals.
How to take advantage of the promotion?
During this seven-day promotion, all CoinEx users can buy or sell USDT, USDC, BTC, and ETH with 0% fees! The details are as follows:
The period of the promotion
Starts at 8:00 a.m. on September 13, 2022
Ends 08:00 on September 20, 2022 (UTC)
Special conditions of participation
Be a user of the CoinEx platform.
How to participate?
Web: Click on [Fiat] in the navigation bar of the CoinEx site;
App: Tap the [Fiat] icon on the CoinEx app homepage;
2. Select the fiat and crypto you need;
3. Select Banxa as your preferred service provider;
4. Follow the step-by-step instructions provided by Banxa to complete the purchase or sale.
The different services available on Banxa
Important Information
CoinEx only provides third-party service providers that users can choose from when they need to sell crypto. Please contact the customer service of the relevant platform in case of any problem.
CoinEx reserves the right of final interpretation of this promotion.
Visit the official CoinEx website to find out more about the promotion.
Going forward, CoinEx will partner with other third-party fiat currency deposit and withdrawal service providers to return the favor to its users. Stay tuned.
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