CEX.IO is certainly one of the best crypto brokers and the entire community is proud of the growth that has expanded its borders in the crypto market. The community feels privileged to be part of this journey and is always seeking important achievements for the desired future. However, with staking, you agree to lock up your coins for a set amount of time and can’t withdraw until the end. You will also need to upload a government photo ID, like your passport or driver’s license, and your social security number.
- CEX.IO offers several payment options, including the following.
- It is a reputable and safe cryptocurrency exchange with no hacked accounts or theft of funds since its launch in 2013.
- CEX.IO encrypts all data on the exchange and has protection against DDoS attacks and similar.
- Overall, the CEX.io trading platform is a good choice for beginners and pro traders.
- This company has the absolute worst customer service in the world.
- Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
How To Make A Deposit
Crypto investors who opt to store their assets in a CEX.IO wallet have the option to earn interest or to stake their coins. Interest rates vary by coin, but currently range from 1 to 20% annual yield. As the world heads towards a decentralized Web 3.0 world, blockchain technology, especially cryptocurrency, has taken hold. With the meteoric rise of digital currency, many of us need peace of mind to buy and sell cryptocurrency on a trusted platform. There are also some restrictions for using certain payment methods for the residents of some countries.
- Our team understands the crypto and NFT space, but also understands the intersection with TradFI (traditional finance).
- To place an order, users can switch to the default trading page and use the ‘Order Box,’ as shown below.
- Once you have created an account, you will be logged in immediately, and you will receive an email that you need to verify.
- Select the cryptocurrency to purchase using the widget below and choose the currency to pay with.
- For small sum trading CEX is one of the best in terms of low fees!
- There are no withdrawal restrictions and you can take out your cryptocurrency whenever you want.
- Back in 2014, GHash.io was one of the largest mining pools around.
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Our only major criticism is the deposit and withdrawal charges when adding/removing funds from your wallet. The inactivity charge also means it isn’t the best crypto exchange for casual investors. CEX.IO is a decent crypto exchange for both new and experienced investors. The variety of products means there is something for everyone, from the Instant Buy function to the Exchange Plus trading platform.
Is your cryptocurrency safe with CEX.IO?
Additionally, I found their customer support to be responsive and helpful whenever I had questions or encountered issues. One of the standout features for me was the variety of cryptocurrencies available for trading, which allowed me to diversify my portfolio effectively. However, I did find that the fees for certain transactions could be slightly higher compared to other platforms CEX.io Review I’ve used. Despite this, I continue to use CEX.IO for its reliability and the overall positive experience it provides. This Gibraltar-based crypto exchange supports over 200 digital currencies and tokens, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Uniswap (UNI), and more. All in all, CEX.IO offers many features you’d want in a cryptocurrency exchange.
Below we have made a tutorial on how to buy bitcoin with credit/debit card. For starters, CEX.IO is a regulated exchange that offers strong security. Moreover, it has a user-friendly interface and supports over 200 cryptocurrencies, as well as major fiat currencies.
Does CEX.IO Offer A Mobile App?
You can access and use the debit card through the CEX.IO mobile app to make purchases. This would allow you to spend dollars, other fiat currencies and cryptocurrencies in your CEX.IO account. If you are a more serious cryptocurrency investor, https://www.tokenexus.com/ CEX.IO runs a cryptocurrency trading platform. It offers spot trading so you can immediately settle and receive your coins. You can create more advanced trades through this platform, like conditional or stop limit orders for cryptocurrencies.
Once you have created an account, you will be logged in immediately, and you will receive an email that you need to verify. Due to the regulatory requirements and rules, CEX.IO doesn’t provide services in select countries and territories. As expected, the service also enables margin trading via CFDs (Contracts for Difference) as well as increased trading (and risk) possibilities via the use of leverage of up to 10x. 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. While SEPA, ACH, and Faster Payments withdrawals are unlimited, withdrawals made by SWIFT are subject to 200,000 USD/EUR/GBP daily and 1,000,000 USD/EUR/GBP monthly limits. They have taken care of security, and the support is pretty amazing- one thing that is not so common in the cryptocurrency industry.
- The mining services were closed down in 2015 with the team focusing solely on running a cryptocurrency exchange.
- It also uses industry leading security to keep its accounts and crypto safe, including data encryption and offline crypto storage.
- You can also use the mobile app to set up price alerts, which will notify you when the price of a cryptocurrency gets to a specific level.
- If all I’m talking about seems a bit intimidating, don’t worry, the exchange also provides learning materials via the CEX.IO University.
- Otherwise, CEX.IO should provide ample liquidity for your needs.
- There you will find all different payment methods for different currencies, payment fees, monthly buying limits and more.