Once credit cards details are submitted, CEX submit a small verification charge to the credit or debit card. Cex.io is one of the oldest cryptocurrency exchanges in the world. It started out as a UK focused bitcoin exclusive exchange and cloud mining provider. Hedge with Crypto aims to publish information that is factual and accurate as of the date of publication.
CEX.io Account Verification
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. Depositing and withdrawing funds is also easy through the mobile app and you can also get notifications when orders are executed. The offers that appear on this site are from companies that CEX.io Review compensate us. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. The CEX.IO fee structure uses a taker and maker model that starts at 0.25% and 0.15%, respectively.
About CEX.IO — company background
- It accepts multiple deposit types and supports a variety of digital assets.
- Generally speaking, Cex.io may be an acceptable alternative to coinbase as a fiat currency to cryptocurrency gateway.
- CEX.io Broker is a platform for cryptocurrency trading via CFDs featuring a variety of orders types, technical analysis instruments and advanced trading tools.
- Emailed them, no response, hit them up on facebook and was told that i needed to go through the support team…who is Richard…who isn’t answering my texts.
- Once credit cards details are submitted, CEX submit a small verification charge to the credit or debit card.
Institutional business users can access another advanced trading platform designed for professionals called CEX.IO Prime. However, CEX.IO’s features and capabilities are limited compared to the top cryptocurrency exchanges, especially for U.S. customers. It’s super simple to use and has really helpful support as well as provide you with the ability to trade on a margin, all the buying options, and other great features. In 2019, Cex.io started a separate platform called Cex.io Broker that offers full fledged margin trading services.
How we make money
With its numerous deposit options, multiple digital assets, and user-friendly design, it’s obvious why CEX.IO has been successful for so many years. However, while it’s a great option for beginners or those who prefer simplicity, it does lack some advanced and innovative features other leading exchanges have. These include additional payment options as well as higher limits on transactions and withdrawals.
- Your cryptocurrency is safe as can be expected on any cryptocurrency platform with CEX.IO.
- This exchange accepts several different payment methods, but it has a complicated fee structure for deposits and withdrawals.
- If you don’t submit your documents in the way the company wants it, they will reject your request to upgrade your account and you’ll have to start again.
- CEX.io is an established operator having been on the market since 2013, and the exchange is also one of the more transparent in operation.
- It is worth noting here that cryptocurrency activities are not insured by the Federal Deposit Insurance Corporation (FDIC) or the Securities Investor Protection Corporation (SIPC).
- The information is needed to make sure the company complies with anti-money laundering (AML) and know your customer (KYC) regulations.
Does CEX.IO Offer Low Fees?
- I was able to easily access analytical tools and advanced order-matching algorithms suitable for experienced traders, alongside the simple instant buy/sell interface for novice investors.
- The exchange also boasts a working mobile app for Android and iOS.
- If you want to avoid fees, stick to ACH transfers from a bank account.
- At that point, the market price is calculated based on the order book.
- For example, Visa, MasterCard, and Google / Apple Pay deposit fees are 2.99% – 3.99% + service charge (varies by provider and country).
