Yex Review 2026
Options-focused derivatives exchange
Up to 100 USDT welcome bonus
Yex is a niche options-focused derivatives exchange. Rated 5.5/10, it's one of the few platforms offering crypto options outside the major exchanges, but very limited in scope.
Rating Breakdown
Key Features
🎯 Trading
50+ coins, 100+ pairs
Max leverage: 100x
Contracts: USDT-M Perpetual, Options
💰 Fees
Spot: 0.02% / 0.05%
Futures: 0.02% / 0.05%
Funding: 0.01%
🔒 Security
$5M+ protection fund
Monthly Proof of Reserves
🌍 Availability
80+ countries, Not available: US, UK
US: ❌ EU: ✅
💰 Fee Analysis
0.02%/0.05% for spot and futures. Competitive. Options pricing follows industry-standard models. Withdrawal: 0.0005 BTC, 0.003 ETH.
🔒 Security Deep Dive
$5M+ protection fund. Cold wallet storage. Very new (2023). Seychelles registration. Options risk engine. Limited track record.
📊 Trading Features Review
50+ coins with 100+ pairs. Perpetual futures and options. Demo trading. Very focused on derivatives — especially options.
📱 App Experience
Basic app (3.8/5) focused on options trading. Options chain interface is functional.
🏦 Deposit & Withdrawal
Crypto deposit only. USD reference. Very limited.
🤝 Customer Support
Live chat and email. Small team. Response times vary.
Pros & Cons
✅ Pros
- Options trading available
- Competitive fees
- Specialized derivatives focus
- Options risk management tools
❌ Cons
- Very new (2023)
- Very limited coin selection
- Low liquidity
- Limited features beyond options
Who Should Use This Exchange?
✅ Best For
Options traders looking for an alternative to Deribit or OKX options.
❌ Not For
Spot traders or users who need comprehensive features.
Detailed Comparison
| Fees & Costs | ||
| Spot Maker/Taker | 0.02% / 0.05% | |
| Futures Maker/Taker | 0.02% / 0.05% | |
| Avg Funding Rate | 0.01% | |
| BTC Withdrawal Fee | 0.0005 BTC | |
| ETH Withdrawal Fee | 0.003 ETH | |
| Min Deposit | $10 | |
| Trading Features | ||
| Copy Trading | ✗ Not available | |
| Trading Bots | ✗ | |
| Demo Trading | ✓ | |
| Staking / Earn | ✗ N/A | |
| NFT Marketplace | ✗ | |
| Web3 Wallet | ✗ | |
| Launchpad / IEO | ✗ | |
| VIP Program | ✗ | |
| Platform & UX | ||
| Mobile App Rating | 3.8/10 | |
| API Quality | Adequate (REST + WebSocket) | |
| Deposit Methods | Crypto Deposit | |
| Fiat Currencies | USD | |
| Security & Regulation | ||
| Insurance / Protection | $5M+ protection fund | |
| Regulation & Licenses | Registered in Seychelles | |
| KYC Requirements | Basic verification | |
| US Available | ✗ | |
| EU Available | ✓ | |
| Support | ||
| Support Channels | Live Chat, Email | |
| Referral Commission | Up to 20% | |
Security & Transparency
Security Features
- Cold wallet storage
- 2FA
- Options risk engine
Regulatory Status
- Registered in Seychelles
- Not available in US
Our Verdict
Yex is a niche options-focused derivatives exchange. Yex delivers a strong overall experience with 50+ coins, competitive fees (0.02% maker), and solid security. Best for: Options traders looking for an alternative to Deribit or OKX options.. Up to 100 USDT welcome bonus
Frequently Asked Questions
Yex has strong security measures including $5m+ protection fund. It has been operating since 2023 and serves users in 100+ countries. However, no exchange is 100% risk-free — always use 2FA and consider storing large amounts in a hardware wallet.
Yex charges 0.02% maker and 0.05% taker fees for spot trading, and 0.02% / 0.05% for futures. These are among the most competitive in the industry.
Yex is NOT available for US users. US residents should consider Coinbase or Kraken instead.
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