Complete CEX IO Review: Is CEX.IO Safe, and How to Use it?

  Cryptocurrency exchange

CEX.io Review

I then tried to log into my new account and the captchas were never ending. Our review team did not find any sign-up bonuses or promotions available with CEX.IO at the current time. Available coins include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Dash (DASH) Stellar (XLM), Zcash (ZEC).

  • Starting your crypto adventure with CEX.IO involves an easy step of account creation, which includes email confirmation.
  • As a result, there is a lot of liquidity on its exchange, which offers plenty of trading options.
  • Your social media profiles are optional extras that may also be submitted to make the verification process quicker.
  • We also use trusted research and studies from other well-known sources.
  • To ensure the security of its users’ funds, CEX.IO holds the majority of user funds in cold wallets and only a small portion of funds in hot wallets.

Is CEX.IO a regulated cryptocurrency exchange?

  • With so many companies and currencies taking root on a daily basis, it can be difficult to know which solution to choose, and who to trust.
  • For me, the good value is in their Staking and Savings programs.
  • All cryptocurrencies and digital asset pairings are extensively vetted to determine their durability and potential to extend risk.
  • CEX.IO is suitable for both beginners and more experienced users.

CEX.io isn’t the only exchange in the market, and it may not even be the best. There are a variety of options, and the right exchange for you depends on a lot of factors. Market orders are almost always executed immediately and cannot be reversed. So make sure you’re getting the crypto you want before clicking on that submit button. Coin Insider is the authority on bitcoin, ethereum, ICO and blockchain news; providing breaking newsletters, incisive opinions, market analysis, and regulatory updates. You may open long and short positions with any of the currency pairs available on the platform.

CEX.io Review

CEX.IO Extensive Review – A Safe, Proven Crypto Exchange

While this is fairly common among crypto exchanges, the lack of phone support is a significant shortcoming. Customers have questions that don’t always fit neatly into a help center post or a live chat conversation. CEX.IO and many others in the crypto industry would be wise to add phone support to their customer service arsenal.

CEX.io Review

Cex.io fees – some of the highest in the industry

Kraken starts at just 0.26% for takers and goes as low as 0%, making them one of the more affordable exchanges. They also offer discounts to users who hold their native token, KRAKEN. It has developed many crypto products, features, https://www.tokenexus.com/ and tools to allow individuals quick and easy access to obtain cryptocurrency assets. It stands out as a one-stop shop for all crypto-related activities. CEX.io covers all, from buying actual tokens to trading crypto CFDs.

CEX.io Review

Despite these hurdles, CEX.IO has managed to uphold an ‘Excellent’ Trustpilot rating of 4.6 out of 5. However, not all digital asset exchanges offer this option and those that do often charge extremely high fees for the privilege. If you are new to crypto exchanges, then you probably can’t do much better than CEX.IO’s market interface. For me, the good value is in their Staking and Savings programs. They actually give higher staking rewards for some coins, which is nice. As far as exchange, they’ve added a lot of DeFi coins, and various digital assets in general.

CEX.io Review

When completed, your deposit and withdrawal limits will increase. Make sure you follow basic online safety practices and install antivirus software on your devices to keep your crypto safe. CEX.IO offers 30 cryptocurrencies for U.S. users, including the most popular ones, such as bitcoin, Ethereum, Cardano and Solana. CEX.IO does not accept customers nationwide in the United 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.
  • Bankrate is an independent, advertising-supported publisher and comparison service.
  • Coinbase is a cryptocurrency broker based in United States that launched its service in and offers individuals to buy and sell more than 72 cryptocurrencies.
  • You can buy eight digital coins – BTC, ETH, XRP, BCH, BTG, DASH, XLM, and ZEC.
  • CEX.IO offers four different account levels based on verification provided.
  • We were offered a crypto-backed loan in fiat currency, which enabled us to retain our crypto assets.

CEX.IO has an affiliate program that lets you earn kickbacks every time someone signs up with your unique link and starts trading. You get 30% of all the fees that they pay after signing up with your referral code. To reach CEX.IO’s “Verified” level, the exchange requires scans of a passport, driver’s license, or ID. You’ll also have to submit a picture of you holding your ID, one holding your credit card, and proof of residency.

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