However, their credit card clearing fee is an additional 5%. Comparing the final price of the two exchanges, you’ll get more or less the same result. 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 100 cryptocurrencies and more than 300 trading pairs. Kevin started in the cryptocurrency space in 2016 and began investing in Bitcoin before exclusively trading digital currencies on various brokers, exchanges and trading platforms. He started Hedge With Crypto to publish informative guides about Bitcoin and share his experiences with using a variety of crypto exchanges around the world.
Customer Support
CEX.IO fee structure uses a taker and maker model that starts at 0.25% and 0.15% respectively. The fees reduce based on the 30-day trade volume for all pairs. Traders with a monthly trade volume greater than 6000BTC that provide liquidity to the order book (e.g. using conditional orders) will incur zero fees.
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CEX supports more than enough different payment methods. If only they had fixed fees…
CEX.io offers both flexible saving and fixed saving accounts. They also plan to launch a Bitcoin saving account feature soon. As the cryptocurrency market is growing, CEX is also adding many new features which are consumer-friendly.
CEX.IO Brokerage Service
While not the lowest in the industry, CEX.IO’s trading fees are reasonable and still put them ahead of other exchanges such as Coinbase and Gemini. Fees start as low as 0.15 percent and can fall from there depending on how much trading you do in a typical month. https://www.tokenexus.com/bittrex-review/ In the United Kingdom, CEX.IO has been granted temporary registration as a crypto asset business by the U.K. Financial Conduct Authority (FCA), which allows the exchange to carry out crypto asset activities, while the FCA reviews the company’s application.
- It’s also worth mentioning that CEX.IO is committed to following government regulations and collaborating with regulators.
- My experience with Cex.io exchange has been consistently excellent over a prolonged period.
- Additionally, CEX.IO is registered with a number of financial bodies.
- Investors and traders can use CEX.io via its web app or by downloading the mobile app.
- This is largely due to the exchange prioritizing security for both user funds and platform access.
Regarding the app it is well designed…
- The platform also offers valuable insights into upcoming cryptocurrencies, identifies rapidly rising assets, and advises on potentially better investment opportunities.
- In the United States, CEX.IO is registered with FinCEN as a Money Services Business(MSB) and has obtained money transmitter licenses (MTLs) in 33 states.
- It’s been a while since I last used the app, I downloaded it again today to use it.
- Our full cryptocurrency exchange methodology, including the review process and weighted data points, is available for review.
- The trading platform is pretty advanced and supplies all of the features you’d expect, such as market and limit orders.
- In the United States, for instance, CEX.IO is registered with FinCEN as a Money Services Business (MSB) and has attained money transmitter licenses (MTLs) in 30+ US states.
Unfortunately, several users have complained that the customer support team has not responded to their requests and they were still not able to withdraw their cryptocurrency investments. CEX.IO CEX.io Review puts safety first and has never lost any of its customers’ crypto funds. The exchange also offers low trading fees and other valuable features, including a great crypto staking program.
- When CEX.IO halted its mining services due to a lack of profitability, many customers weren’t pleased.
- Identity-verified accounts can buy up to $1,000 worth of crypto per day.
- You can also trade with the balance of any cryptocurrency you hold in your exchange wallet.
- Traders shouldn’t have any issues finding cryptocurrencies to trade at CEX.IO.
- Just plug in the type of cryptocurrency you want to buy and the amount.
CEX.IO is a London-based cryptocurrency exchange where you can buy, sell, and trade dozens of digital currencies. It’s licensed and regulated in the United States, as well as other countries around the world. This app is all you need since it’s user friendly, swift transactions, timeless deposits and secure wallets.
User friendly app
Accounts that are address verified can purchase $10,000 in crypto each day. However, to become verified, you have to provide CEX.io with a government-issued identification along with personal data. If anonymity is your thing, this might not be the platform for you.