Complete CEX IO Review: Is CEX.IO Safe, and How to Use it?
If you’re a more advanced user, you can cut dramatically on fees by using the trading platform and not the brokerage service. Bitstamp is a respected Bitcoin exchange that supplies both a trading platform and a brokerage service for buying Bitcoins. Buying through Bitstamp’s service will actually be cheaper by 2.5% than through CEX.IO’s brokerage service. Using your credit card you can purchase up to $1500 a day or $15,000 monthly. However, the fee stated above is only relevant to the instant-buy service.
In order to trade you’ll need to fund your CEX.IO account with either a bank wire, SEPA transfer (both have no commission on CEX.IO’s part) or a credit card (2.99% fee). The company supplies both a trading platform and brokerage services for Bitcoin, Ethereum and a range of other cryptocurrencies. In this post, I’ll review the company, its services and compare it to other exchanges around. You can also deposit cryptocurrencies if you want to fund your account. CEX.io lets you use Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and several others. The platform also allows users to deposit funds using GBP, EUR, RUB, and USD.
Therefore, I won’t be going into too much detail about them. Easy to use user interface that allows me to quickly put up trades, buy and sell, and with good integration with other financial institutions. Finder.com is an independent comparison platform and
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The exchange currently supports the buying, selling, and trading of over 15 cryptocurrencies as well as the use of multiple fiat currencies. Users can also deposit supported cryptocurrencies by clicking the “Deposit” button and sending funds to the unique exchange account address for each digital asset. CEX.IO LTD launched in November 2013, and got started as a cloud mining service and Bitcoin exchange. The mining services were closed down in 2015 with the team focusing solely on running a cryptocurrency exchange.
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CEX.io is a trustworthy website to buy/sell Bitcoin, Ethereum, USDT, and other supported coins. Staking allows you to receive rewards by just keeping coins and tokens in your account. By staking your coins, you let them work for you and increase your earnings while they’re https://www.tokenexus.com/ sitting in your account. CEX.io offers both flexible saving and fixed saving accounts. They also plan to launch a Bitcoin saving account feature soon. At times the compliance team might ask you to write down the date on a piece of paper & then take another selfie.
Listed CEX.IO crypto exchange assets
After you confirm the trade, your order is matched to other orders on the exchange, and your balance is adjusted. Sometimes the amount can be even greater than agreed on, but is never smaller. CEX.IO CEX.io Review started out in 2013 in London as a Bitcoin exchange and cloud mining provider. At some point its mining pool, known as Ghash.io, was so big it held 42% of the total network mining power.
CEX.IO is very user friendly, has a great support section, advanced buying and selling options, robust security and reliability. Let me provide you with the pros and cons of CEX.IO cryptocurrency exchange platform. CEX.IO is reliable when using either digital currency investment, trades or simple crypto wallet option. CEX.io is one of the cryptocurrency sector’s more established exchanges and dates back to 2013. Withdrawal fees can reach up to 3% plus commissions of up to $25, depending on your currency and payment method (credit cards are the most expensive option).
Reddit also has its share of CEX.IO reviews but I couldn’t find anything particularly good or bad Redditors had to say about the exchange. In order to become verified, you’ll need to supply a government issued id and personal information about yourself. For a complete list of accounts and limits visit this page. In 2019, CEX.IO also expanded its services in the U.S. with MTL licences that can serve 48 states. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution.
- Using your credit card you can purchase up to $1500 a day or $15,000 monthly.
- In order to become verified, you’ll need to supply a government issued id and personal information about yourself.
- Accounts that are address verified can purchase $10,000 in crypto each day.
- When you need money urgently, you can sell Bitcoins for cash using our mobile app and get funds directly to your linked card.
- Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.
- Coinbase charges a 3.99% fee for credit card purchase which is higher than the 2.99% CEX.IO charges.