CEX io Review: What Does it Have to Offer?

If you hold a stakeable digital asset in your CEX.IO wallet, you can earn daily interest. The exact returns vary depending on which digital currency you hold. European users can make use of SEPA transfers, and Americans can use ACH transfers.

Enjoying the perks of a verified account! Though, the journey to have that took me days and seemed quite over the top.

Neither of these will execute instantly, instead they sit on the book and add liquidity, making the market. The only time when this might not be the case is when posting a limit order some distance from the current market price. See below for an explanation of the difference between maker and taker orders. The exchange created a nice infographic for more information about its security measures.

• These evaluations encourage ongoing refinement of available listings across our product ecosystem.
• With more than 140 coins available, CEX.IO’s cryptocurrency selection is among the best in the industry, though it falls short of Crypto.com’s offering of more than 250 coins.
• Even if something happens and funds are stolen, user funds should be largely unaffected.
• Bankrate does not include all companies or all available products.
• I experienced this firsthand and found identity verification with CEX.IO much harder than with other exchanges.
• For businesses, the exchange offers institutional trading with CEX.IO Prime.

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Users can earn 30% of the referred users trading fee on exchange transactions. Investopedia is dedicated to helping those interested in cryptocurrency investing make informed and safe decisions. We are committed to providing CEX.io Review our readers with unbiased reviews of the top cryptocurrency exchanges for investors of all levels. Make sure you follow basic online safety practices and install antivirus software on your devices to keep your crypto safe.

I just installed the application

The website colors are also comfortable for use in day or night mode. Finally, crypto universities and dictionaries are practical for Crypto beginners to learn and make informed investment decisions. Also, MasterCard withdrawals for users from India are disabled.

Regarding the app it is well designed…

If the fees can be lowered, CEX.IO would be an excellent platform for new and experienced crypto investors. Cex.io’s wallet app is a gem in the world of cryptocurrency. Its intuitive design and robust security measures make managing digital assets effortless. With a wide range of supported cryptocurrencies and smooth transaction processes, Cex.io stands out as a reliable and user-friendly platform. The app’s responsive customer service further enhances its appeal, providing users with prompt assistance whenever needed.

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In 2019, CEX.IO also expanded its services in the U.S. with Money Transmitter Licences (MTLs) that can serve 32 states. CEX.IO started out in 2013 in London as a Bitcoin exchange and cloud mining provider. At some point, its mining pool, known as Ghash.io, was so big that it held 42% of the total network mining power. The https://www.tokenexus.com/sell-ethereum/ exchange is regulated and licensed in all countries where it operates. In the United States, CEX.IO is registered with FinCEN as a Money Services Business(MSB) and has obtained money transmitter licenses (MTLs) in 33 states. In Canada, the exchange is also registered as a Money Services Business (MSB) with FINTRAC.