Businesses can sign up for CEX.IO Prime, which allows institutional-size buyers to access liquidity. Additionally, companies can integrate crypto payments using CEX.io Review CEX Direct, a payment gateway for cryptocurrency purchases operated by CEX.IO. We use dedicated people and clever technology to safeguard our platform.
The fees on CEX.IO’s default option, its spot trading platform, are very cheap. They’re based on your trading volume, and the highest trading fee is 0.25%. That’s why you should stick to the main platform and avoid using Instant Buy whenever possible. Just plug in the type of cryptocurrency you want to buy and the amount. While it’s easy to use, Instant Buy can be extremely expensive. While you can hold your funds on the exchange’s web wallet, moving them to your own wallet is highly recommended.
Is CEX.IO safe?
You’ll also be aware of its beginning, security features, offered coins, fees, and so much more. 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. Coinmama charges between a 4.5% and 6.5% fee depending on currency used for credit card purchases which is a bit more than CEX.IO’s 3.99%. 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.
Everything is explained in such a way that no technical knowledge is required. On CryptoTips you read independent reviews about crypto companies where you can buy cryptocurrency or leave your own review. Find out which online crypto service or hardware suits the best for you and make the choice yourself.
It is an application that I always use…
Investing in cryptocurrencies, decentralized finance (DeFi), and other initial coin offerings (ICOs) is highly risky and speculative, and the markets can be extremely volatile. Consult with a qualified professional before making any financial decisions. This article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies nor can the accuracy or timeliness of the information be guaranteed. CEX.IO has its own margin trading platform called CEX.IO Broker, which is currently in beta. Low transaction fees mean more trading strategies become viable, and your trades need to work less hard to make a profit.
- Somewhat specifically, CEX.IO offers users 108 different cryptocurrencies, and 228 trading pairs.
- CEX.io is licensed in many countries, including the United States and Canada.
- The company is able to execute extremely high-volumes of orders and at the same time apply market making trading due to the orderbook liquidity.
- Your cryptocurrency is safe as can be expected on any cryptocurrency platform with CEX.IO.
- The exchange is regulated and licensed in all countries where it operates.
- Designed to service both beginner and more experienced buyers/traders, CEX.io now provides Bitcoin margin trading and the platform can also be accessed via its website, mobile app, WebSocket and Rest API.
- The bureau also takes several factors into consideration, including type of business, time in business, licensing and government actions, and advertising issues.
Kraken also offers more trading platforms that cater to beginners, advanced crypto traders, and futures crypto traders. CEX.IO is a stellar crypto exchange, seamlessly blending user-friendly interface with robust security. Swift transactions, diverse coin options, and top-notch customer support make it a standout choice for both beginners and seasoned traders. CEX.IO’s deposit and withdrawal fees for credit cards are variables based on the supported currency used (USD, EUR, GBP, RUB) and the volume transacted. The exchange is working on keeping the security to the maximum level so that the customers can have a high level of trust and provide users new opportunities to trade digital currencies other than Bitcoin.
CEX.IO crypto exchange review: Buy tokens, bitcoin, and more with instant withdrawals
Back in 2014, GHash was one of the largest mining pools around. Next, let’s look at how the exchange evolved into the trusted platform it is today. Furthermore, the exchange has expanded its services within the US, with https://www.tokenexus.com/ MTL licenses that can serve 48 different states. Though the staking, savings, and crypto-backed loan offerings aren’t currently available in the US, the company says it’s working on making those accessible in the future.