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CEX.io Review

A safe place to trade cryptocurrencies and earn rewards through staking. The stripped-down platform available to U.S. customers may be disappointing to those who want more features. To complete your registration and start trading, however, you’ll need to undergo an identity verification process that involves uploading government-issued ID documentation and sharing your address. When completed, your deposit and withdrawal limits will increase.

  • CEX.IO allows you to buy cryptocurrency using your credit card, debit card, a wire transfer, SWIFT, SEPA transfer (if you live in the EU), or an ACH transfer (for US residents).
  • With a wide range of supported cryptocurrencies and smooth transaction processes, Cex.io stands out as a reliable and user-friendly platform.
  • The next part of this CEX.IO review will explain exactly how to do it.
  • It’s also vital that users have a verified account if they want to withdraw in fiat currencies.
  • CEX.IO is one of the more popular options for buying and selling Bitcoin and several other cryptocurrencies.
  • This document should be valid and internationally recognized.
  • Users can also select a pre-calculated pack that includes the conversion fees or enter in a specific purchase amount.

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. CEX.IO users may contact customer support through a variety of means to receive assistance along their crypto journey. The Community Team may be reached through our official social channels, Telegram, and via live chat on our website. All provide timely updates in the event of site maintenance, and are critical resources to bookmark to stay informed every step of the way. All cryptocurrencies and digital asset pairings are extensively vetted to determine their durability and potential to extend risk. Once they pass all necessary requirements, the CEX.IO Team continues to monitor their health, and provide timely communications in the event of listing updates.

CEX.IO Support Channels

The voyage of CEX.IO has been marked by strategic pivots and adaptations that reflect the rapidly changing cryptocurrency landscape. Beginning as a cloud mining provider, the exchange has witnessed first-hand the industry’s transformation, from the early days of niche enthusiasts to a global phenomenon attracting institutional attention. CEX.IO trading tools include a bitcoin price widget, API and bitcoin calculator.

Depending on your side in the transaction, you’ll pay anywhere between 0.00%-0.25% at the most. If you’re a beginner, it’s recommended to use the brokerage option rather than the site’s trading platform. You can find the full list of cryptocurrencies which you can buy, sell, or trade with on CEX.IO on its website. However, even new users will likely want to reach the “verified” account tier. I’ve explained the advantages of doing so after the section on basic accounts.

CEX.IO Review and Comparison Guide

The site supplies two ways to purchase crypto – a trading platform and a brokerage service. CEX.IO is one of the more popular options for buying and selling Bitcoin and several other cryptocurrencies. The site offers a brokerage service as well as a trading platform that supports over https://www.tokenexus.com/ 100 cryptocurrencies and more than 300 trading pairs. The company offers both a trading platform and brokerage service for Bitcoin, Ethereum, and a range of other cryptocurrencies. In this post, I’ll review the company and its services and compare it to other exchanges around.

CEX.io Review

But as an amalgamation of technology and finance, it inherits complex traits from both. That’s why we’ve worked to integrate familiar access points that put the digital economy within reach for curious participants at every stage of their crypto journey. Our Instant Buy service connects verified customers to a variety of vetted markets in compliance with local regulations in their region. Once a preferred credit or debit card CEX.io Review is paired with your CEX.IO account, it may be accessed from a web browser, or via our mobile app. Users enjoy on-the-go access to their crypto portfolio, and the ability to seize opportunities from anywhere, whenever they arise. The exchange stands as a noteworthy player in the realm of cryptocurrency exchanges, providing a gateway for users to delve into the world of digital currencies through its versatile platform.

CEX.IO Review 2020

I just installed the application, I believe it will be useful. I am writing as someone who has experience with this type of applications. Once you are done loading funds to your account, click on Buy/Sell at the top to start buying Bitcoin or Ethereum. Overall, CEX fees are following industry standard and is not charging extra like many other CEX alternatives. Now I feel like I have enough experience to share the pros & cons of this upcoming Bitcoin & Ethereum exchange.

If you want to avoid fees, stick to ACH transfers from a bank account. Given the lack of quality customer services at several leading exchanges, CEX.IO has made sure to provide good customer support to its user base. On Trustpilot, for example, CEX.IO has a 4.6-star rating out of 5, which is exceptionally high for a cryptocurrency exchange. To ensure the security of its users’ funds, CEX.IO holds the majority of user funds in cold wallets and only a small portion of funds in hot wallets.

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