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CoinEx VS Splitwise

Compare CoinEx VS Splitwise and see what are their differences

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Contents:
  1. ยป Base Details
  2. ยป Videos
  3. ยป Reviews
  4. ยป Alternatives

CoinEx logo CoinEx

CoinEx is a global and professional digital coin exchange service provider.

Splitwise logo Splitwise

Splitwise is a free tool for friends and roommates to track bills and other shared expenses, so that everyone gets paid back. On the web, iPhone, and Android!
  • CoinEx Landing page
    Landing page //
    2023-05-12
  • Splitwise Landing page
    Landing page //
    2023-01-23

CoinEx features and specs

  • Wide Range of Cryptocurrencies
    CoinEx supports a large number of cryptocurrencies, allowing users to trade a diverse range of digital assets.
  • User-Friendly Interface
    The platform offers an intuitive and easy-to-navigate interface suitable for both beginners and experienced traders.
  • Low Trading Fees
    CoinEx provides competitive trading fees, making it cost-effective for frequent trading activities.
  • Security Measures
    The exchange implements robust security protocols, including two-factor authentication (2FA) and cold storage for funds.
  • Global Accessibility
    The platform is available in multiple languages and supports users from around the world.
  • 24/7 Customer Support
    Round-the-clock customer support is available to assist users with any issues or inquiries.

Possible disadvantages of CoinEx

  • Limited Fiat Support
    CoinEx has limited options for fiat currency deposits and withdrawals, which might inconvenience some users.
  • Regulatory Uncertainty
    As with many cryptocurrency exchanges, regulatory risks and uncertainties could impact the platform's operations.
  • Moderate Liquidity
    While CoinEx has good liquidity, it may not match the levels found on major exchanges such as Binance or Coinbase.
  • No Insurance on Funds
    Unlike some competitors, CoinEx does not offer insurance on users' funds in case of a security breach.

Splitwise features and specs

  • User-Friendly Interface
    Splitwise provides an intuitive and easy-to-navigate interface, making it straightforward for users to add expenses, keep track of debts, and settle up.
  • Multi-Platform Availability
    Available on the web, iOS, and Android, Splitwise ensures users can access and manage their expenses from almost any device.
  • Expense Tracking
    The app allows users to easily log and categorize expenses, which can be particularly useful for group trips, shared households, or any shared financial responsibility.
  • Flexible Split Options
    Users can split expenses equally, by percentages, shares, or custom amounts, providing flexibility in how costs are divided among group members.
  • Currency Conversion
    Splitwise supports multiple currencies, which is handy for international travel or groups with members from different countries.
  • Bill Reminders
    The app sends reminders for outstanding balances, helping users to stay on top of their payments and avoid forgotten debts.
  • Integration with Payment Platforms
    Splitwise can integrate with payment platforms like PayPal and Venmo for easy settlement of balances.

Possible disadvantages of Splitwise

  • Privacy Concerns
    Since Splitwise involves sharing financial information with others, there could be privacy concerns for those unwilling to share detailed expense data.
  • Subscription-Based Features
    Some advanced features, such as expense exporting and additional integrations, require a Splitwise Pro subscription.
  • Manual Entry Requirement
    Splitwise requires users to manually enter expenses, which could be time-consuming and prone to errors if not done diligently.
  • Limited Automatic Reconciliation
    While Splitwise helps track who owes whom, it does not automatically reconcile or pay off balances, leaving users responsible for manual payment.
  • Dependency on Group Honesty
    The accuracy of the expense records relies on the honesty and diligence of all group members, which may not always be reliable.
  • Potential for Confusion
    The various options for splitting bills (equally, by shares, etc.) can sometimes lead to confusion or disputes among users over what is fair.

Analysis of CoinEx

Overall verdict

  • Overall, CoinEx is regarded as a solid option for both new and experienced cryptocurrency traders, offering a comprehensive and secure platform for trading a variety of digital assets.

Why this product is good

  • CoinEx is often considered a good cryptocurrency exchange due to its user-friendly interface, wide range of supported cryptocurrencies, and competitive trading fees. It also offers additional features like futures trading, margin trading, and mining options. The exchange is known for its security measures, including two-factor authentication and asset management protocols.

Recommended for

  • Traders looking for a wide selection of cryptocurrencies.
  • Users who value security and privacy.
  • Individuals interested in features like futures and margin trading.
  • Beginners who need a straightforward and intuitive interface.

Analysis of Splitwise

Overall verdict

  • Splitwise is a highly effective tool for managing shared expenses, especially if frequent splitting of costs is involved. Its features make it easy to track who owes what, and its automatic calculations save time and reduce errors.

Why this product is good

  • Splitwise is popular because it simplifies sharing and tracking expenses among groups, making it ideal for roommates, friends on trips, or any group spendings.
  • It automatically calculates balances and reminds users about payments, reducing the awkwardness of asking others for money.
  • Offers a user-friendly interface both on web and mobile apps, which makes managing expenses convenient and accessible.
  • Supports multiple currencies, which is great for international travel groups.
  • Integration with payment platforms like PayPal and Venmo for easy settlement of debts.

Recommended for

  • Roommates who need to regularly split household bills and expenses.
  • Groups of friends or families who often travel together and need to manage shared travel costs.
  • Colleagues or classmates working on projects or events that require shared funding.
  • Anyone who wants to avoid the hassle of manually tracking and settling shared expenses.

CoinEx videos

+ Add

CoinEx Exchange Review

More videos:

  • Review - CoinEx | The Best Alt-coin Exchange in 2020
  • Tutorial - ๐ŸŽ“ How To Use CoinEx Exchange ? | How To Trade? | Basic Guide! ๐Ÿ’ฐ

Splitwise videos

+ Add

Splitwise - iPhone App Review! [2020]

More videos:

  • Review - Tricount vs Splitwise - App comparison
  • Demo - Splitwise Demo

Category Popularity

0-100% (relative to CoinEx and Splitwise)

CoinEx

Splitwise

Cryptocurrencies
100 100%
Cryptocurrencies
0% 0
Personal Finance
0 0%
Personal Finance
100% 100
Finance
30 30%
Finance
70% 70
Expense Tracking
0 0%
Expense Tracking
100% 100

User comments

Share your experience with using CoinEx and Splitwise. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare CoinEx and Splitwise

CoinEx Reviews

  1. Derek
    ยท Na at Na ยท
    I use to highly recommend

    but the last week or so they have been kind of shady in my opinion. Ive never had an issue with trading before 9-8-21 and when I needed customer service they would always be quick to respond and resolve. They have been adding new tokens which is great. Kinda copy adding whatever coinbasebase adds and then some. Since that date "service unavailable" issues have started popping up. I don't know if it's to prevent sell offs when prices start to dip but it coincides with it. They did support FTM mainnet withdrawals but suspended them saying "wallet maintenance" but still accepts deposits from mainnet. I believe it's to force the ERC20 FTM on users so we withdraw and they reap the Benefits of charging the withdrawal fees while we end up paying withdrawal fees and eth gas fees to bridge over to mainnet and no hastle for them. Lastly, there is a trading contest for most net trading value. I wasn't just buy and sell buy and sell causing chaos and neither was anyone else from what I seen. After trading all week using 150-175 dollars worth of tokens I manage to get to the top 3 and eventually first. 46000 worth of trading value. Now there are 4 huge orders, 2 buy and 2 sell that make it impossible to do anything, that popped up after out of nowhere taking 1st and 2nd. I only sell if it's a 7 dollar profit so it covers the trading fees and I don't lose anything. To do that and be able to move up in the competition, I now need to have $2500-$6000 just to have a chance of the price going up to my ask price. Or $2500-$6000 to be able to place a buy order low enough to not lose money. Could be coincidence and it's 2-3 actual users trying to defend their spots. Just be aware.

    ๐Ÿ Competitors: Kucoin
    ๐Ÿ‘ Pros:    Great customer support|Low withdrawal fees|Variety of tokens
    ๐Ÿ‘Ž Cons:    Possible wash trading|Convenient system outages|Possible price manipulation

Splitwise Reviews

12 Best Bill Splitting Apps in 2023
Splitwise is among the most commonly used group payment apps that can easily keep a systematic record of all your informal debts including restaurant bills, travel expenses, cost of accommodation, and much more. With this expense sharing app, users can either create groups or split the bill privately among friends. Splitwise also registers and saves all the expenses and...
Source: www.mobileappdaily.com
6 Best Bill Splitting Apps for Hassle-Free Expense Sharing
Splitwise employs an intelligent algorithm to calculate the exact amount owed by each user. It shows who paid for what, how much amount was paid by each member, and any outstanding balances. Furthermore, the application also keeps everyone updated about their balances and recent transactions.
Source: www.how2shout.com
Best Bill-Splitting Apps
For example, shared items like appetizers would be split among the entire group or just a few people in the group. The app can handily accommodate large parties by allowing you to add up to 10 people to each group. Once youโ€™ve divided up the food among all the plates you can add in tax and tip. The app is made by the same company as Splitwise and is completely free. The only...
Source: www.thebalancemoney.com
7 Best Budgeting Tools and Apps for Personal Finance
This oneโ€™s not a complete budgeting app but itโ€™s still a handy one. Splitwise is a nifty app that helps people track how much they owe to friends and colleagues and vice versa. It makes sharing expenses on outings, meals, events, etc easy to track by logging in each transaction. It basically keeps a total over time, so that you can pay back the money in a large payment,...
Source: www.softwaresuggest.com

Social recommendations and mentions

Based on our record, CoinEx seems to be more popular. It has been mentiond 48 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

CoinEx mentions (48)

View more

Splitwise mentions (0)

We have not tracked any mentions of Splitwise yet. Tracking of Splitwise recommendations started around Mar 2021.

What are some alternatives?

When comparing CoinEx and Splitwise, you can also consider the following products

SwapSpace - SwapSpace is a cryptocurrency aggregator exchanger.

Tricount - Manage and share expenses with friends

Mushino - The easiest place to go long or short on cryptocurrencies

Settle Up - SETTLE UP is an indispensable app for friends and flatmates who need to keep track of shared bills...

sIFR - sIFR is a JavaScript and Adobe Flash dynamic web fonts implementation, enabling the replacement of text elements with Flash equivalents.

Splid - Splid helps friends manage their money.

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