CEX.IO is best for individuals and businesses in search of various crypto products like staking, crypto-backed loans, margin trading, and order execution tools. However, the platform has a limited coin offering, so it’s a better fit for token-focused traders.
- High trading volume
- Provides cold crypto wallets
- Crypto loans
- Extensive verification process
CEX.IO was one of the first crypto exchanges to offer crypto purchases with card payments and bank transfers. Although it started in the United Kingdom, it’s now U.S. licensed and regulated. This exchange has some valuable features, including its crypto staking program, but there are also areas where it could be better. Read our full CEX.IO review to find out more.
Supported Currencies
At the time of writing this article, CEX.IO supported 112 cryptocurrencies, including classics such as Bitcoin, Bitcoin Cash, Ripple, and Ethereum, as well as a bunch of other coins and tokens you’ve probably never heard of. CEX.IO isn’t the best crypto exchange in terms of variety – some of the candidates on this list have three times as many coins to trade – but if it accepts your preferred currency, it’s definitely worth a shot.
CEX.IO allows you to buy cryptocurrency using USD, EUR, GBP, and RUB.
Deposit and Withdrawal Methods
CEX.IO offers plenty of payment methods to make deposits and withdrawals as simple as possible.
You can make deposits via Visa or Mastercard, bank transfers (SWIFT, SEPA, or ACH, depending on where you are), e-wallet services like Skrill and Epay, and crypto. Although CEX.IO is maybe the best cryptocurrency trading platform in terms of speed, the exact processing time will depend on your bank.
CEX.IO deposit and withdrawal limits depend on your method of choice: SEPA and SWIFT transfers have no upper limit in either direction, but they start at €20 and $300, respectively. Cards have no upper limit for deposits and start at $20, but withdrawals are limited based on your provider.
Mandatory Fees
Fees at CEX.IO are based on your 30-day trade volume in USD, regardless of the cryptocurrency pairs you traded. Overall, the lowest maker fee is 0%, and the highest taker fee goes up to 0.25%.
Security Measures
You don’t have to worry about any funny business at CEX.IO. It ranks among the most trusted cryptocurrency exchanges, is registered in the US as a Money Services Business with the US Treasury’s Financial Crimes Enforcement Network. US customer funds are insured by the FDIC for up to $250,000 in losses, too.
CEX.IO is protected by a level-2 CI DSS Certificate, and has a range of security measures in place to ensure that transactions and data are safely stored, processed, and transmitted.
Customer Support
Like many crypto exchanges, CEX.IO was once infamous for its poor customer service.
Is CEX Safe?
CEX.IO has moved on from its Bitcoin cloud mining past to establish itself as a regulated global crypto exchange. Today, it serves customers around the world with an array of crypto products and services.
