What is CEX.IO?
CEX.IO is a prominent cryptocurrency exchange designed to serve individuals globally, offering a user-friendly platform for seamlessly converting fiat money into digital currencies. This exchange caters to both beginners and seasoned investors, providing an array of products and trading tools for popular cryptocurrencies like Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), XRP, Stellar (XLM), Litecoin (LTC), Tron (TRX), and more.
Ease of Use and Accessibility
Users can conveniently buy Bitcoins instantly through CEX.IO's website or mobile app, available on both iOS and Android platforms. The platform supports multiple payment methods, including credit cards, debit cards, bank transfers, Skrill, and others, making CEX.IO an ideal choice for crypto trading.
Key Features and Security
CEX.IO prides itself on stability, ensuring a trouble-free service with a reliable system, robust user account security, secure fund storage, financial viability, and strict legal compliance. Since its launch in 2013, CEX.IO has maintained a reputable and safe reputation, boasting no hacked accounts or fund theft incidents.
Trading Platform Overview
CEX.IO's trading platform is user-friendly, catering to both beginners and those who prefer in-depth price analysis. Users need to deposit funds into the CEX.IO wallet using various methods, including debit/credit card payments, bank transfers (SWIFT, SEPA, ACH, Faster Payments), or cryptocurrency deposits (e.g., BTC). Once funded, traders can access the 'Trade' window on the desktop or mobile app to view charts, recent trades, and order history.
Supported Trading Pairs
The platform supports a variety of crypto trading pairs, displayed on the left side for users to select and analyze. This flexibility allows traders to make informed decisions based on the available chart data.
Trading Fees Structure
CEX.IO implements a fee structure based on the taker and maker model, starting at 0.25% and 0.15%, respectively. These fees decrease as the 30-day trade volume increases. Traders with a monthly trade volume exceeding 6000BTC, who contribute liquidity to the order book (e.g., using conditional orders), enjoy zero fees.
What are the trading fees on CEX.IO?
Transaction fee is based on your 30-day trade volume for all pairs, which is recalculated at 00:00 (GMT) each day and includes current day`s trades. For the first tier users maker/taker fee is 0.25%/ 0.15%.
Does CEX.IO offer leverage trading?
CEX.IO does not currently offer margin trading or leverage options.
Is CEX.IO safe?
While many major CEXes boast stronger firewalls than most governments, history has witnessed numerous instances where exchanges have fallen victim to hacks, resulting in the loss of customer funds. DEXes are generally safer option as you have control over your funds at all times as long as blockchain is up and running. Its all based off contract code so you can clearly look whats behind the scenes, and how their contracts work.
Does have customer support?
Almost all exchanges provide customer support, but the quality, speed and continuity of this service varies from time to time depending on the budget conditions of the companies. We recommend that you experience the support service provided by the stock exchange by asking a question to the support section on its website.
