Fast payments and transactions don’t take too long to complete. It is the 1st exchange I used as newbie on crypto 4 years ago.never had any problem with deposits and withdrawls and very friendly use. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. It is the smoothest and most beautiful exchange I have ever used. It is very fast in terms of investment and withdrawal transactions. Buy and sell cryptocurrency or actively trade at competitive rates on CEX.IO.
The option to buy Bitcoin using your credit & debit card is one of their most used features, even after the 2.99% fee. The mobile app is particularly I enjoy which makes it easier to interact with CEX on the move. When you need money urgently, you can sell Bitcoins for cash using our mobile app and get funds directly to your linked card. The Instant Sell option is available on the Buy/Sell menu and allows you to convert your digital funds into real ones in a matter of seconds.
Very reliable and easy to use
Users enter the amount of the currency they want to spend, then choose the crypto they want to buy. Investors and traders can use CEX.io via its web app or by downloading the mobile app. CEX.io supports both iOS and Android, so if you want to take the exchange with you on the go, you can do so with almost any smart device. Additionally, CEX.io offers card processing services to its European clients and recently expanded its services throughout the US, now serving 48 of the 50 states. Need time to analyse the charts and compare, while the mobile app can be a great alternative for short period of time it can only a fraction of information at a time.
Use USD, EUR, GBP, CAD, and plenty of others to buy, sell, send, receive, trade, stake, and so much more. Deposit fees will vary based on how you choose to fund your account, but you can fund your account with a bank deposit, wire deposit, SEPA deposit, and a few others. Unfortunately, most of the poor reviews for CEX.io are due to the fact that they harbor a lot of hidden fees.
Which Coins Can You Buy on CEX.IO?
We also ensure all reviews are published without moderation. I am very satisfied with their trading amount system also i just like their welcome bonus system too. The app is very easy to use and the telegram group has some excellent tips. CEX.io is an established operator https://www.tokenexus.com/ having been on the market since 2013, and the exchange is also one of the more transparent in operation. As a result, CEX is a highly transparent operator, and maintains high security standards and is registered with the ICO in the UK and with FINCEN in the US.
- Because I was tired of waiting I tried to send the money back to my account, which of course also got rejected.
- Users can also deposit funds using domestic bank transfers (for the US), Skrill (for GBP and EUR), and credit or debit cards.
- Deposits made via payment cards with a local currency different from USD, EUR, GBP or RUB will be automatically converted into the selected deposit currency.
- Use a debit card, credit card, or bank transfer to pay for your funds and get support for USD, GBP, EUR, AUD, and plenty of other fiat currencies.
- If you want to start buying and selling cryptocurrencies such as Bitcoin, Ether, Dash, or Stellar, however, don’t know which exchange to use, this CEX.IO review should help you decide.
The history of digital currency is full of examples of exchanges being hacked and there is nothing to suggest the future will be any different. This is why you should never store your cryptocurrency on an exchange! Instead, you should consider using a secure wallet, such as MyEtherWallet or Exodus. That said, CEX.IO should not be considered completely secure. The fact that they store vast amounts of different currencies makes it a big target for hackers. CEX.IO exchange is a reliable, fast and easy platform for those who want to trade crypto currencies.
Exchange App
The entire process doesn’t take much time, however, the final approval make take days to finalise. The team outline the process here, and are on hand to deal with any issues. This stage is for anyone opening or upgrading to an Enhanced or Corporate account and requires the provision of additional information such as official company documents and financial statements. Your social media profiles are optional extras that may also be submitted to make the verification process quicker.
- In addition, MasterCard withdrawals for users from India are disabled while ACH payments are only supported for residents of the United States.
- Over time, CEX.IO has matured into a group of companies with licences in multiple jurisdictions.
- CEX.io requires KYC (Know Your Customer) verification for all accounts in order to comply with anti-money laundering regulations.
- The entire process doesn’t take much time, however, the final approval make take days to finalise.
- It also has money transmitter licenses in more than 30 states.
One of the biggest complaints users have about CEX.IO is the amount of fees and hidden charges the company has. For example, CEX.IO can take up to a 7% fee from the amount of fiat currency you pay for a service. The trading platform is pretty advanced and supplies all of the features you’d expect such as market and limit orders. The trading platform has decent liquidity, allows cross platform trading (via a mobile app and several APIs) and also supplies you with advanced reporting. The short answer is yes, CEX.io is definitely legit and safe.
CEX.IO compared to other exchanges
CEX.io offers several trading interfaces on its platform. The default option is spot trading, which gives traders the charts and graphs they need CEX.io Review to make successful trades. Even though it’s more advanced, it’s intuitive enough it won’t take anyone too long to grasp what’s going on.
To buy Bitcoin and 100+ cryptocurrencies on CEX.IO, you just need an account and credit card. When you decide how much crypto to buy, simply enter your card details or use funds you have in your account at the moment. Then confirm the purchase and the desired amount of digital coins will appear on your CEX.IO balance instantly. This way customers can buy Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and many other virtual currencies, including numerous native tokens of emerging DeFi projects. If users want to withdraw fiat funds or increase their daily deposit and withdrawal limits, they must verify their identity.
- CEX.io lets you use Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and several others.
- In addition to the standard security measures, CEX.io also uses cold wallets to hold most of its user’s funds.
- You might notice the price of Bitcoin to be higher than the current price on other exchanges.
- This is largely due to the exchange prioritizing security for both user funds and platform access.
- This new service caters specifically to margin traders and features advanced trading tools, and a comprehensive range of technical analysis instruments.
- Originally, it was a cloud mining provider that owned the GHash.io mining pool.
It also has money transmitter licenses in more than 30 states. There are instances when a limit order may only be partially completed. This happens when there isn’t enough volume at the price to fill the whole order. What’s leftover stays open until the remainder is closed by another order.