CEX.IO Review (2024)

Create a free CEX.IO account and start trading

Start trading at the CEX.IO exchange and join over 3 million users.

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CEX.io	Details
Visit CEX.IO	Trade up to 80 cryptos No verification up to $100 daily Deposit EUR, GBP, RUB and USD Margin Trading and Staking available

What is CEX.IO?

In the early days, CEX.IO started its business as a service provider for cloud mining services. As time passed the company molded itself into a multi functional cryptocurrency exchange. You can trade on CEX.IO using your mobile device, website portal and with various API integrations. You have the freedom to trade from any device you want from anywhere in the world with a good internet connection.

CEX.IO is available in more than 220 countries around the world. There are some countries in Asia and Africa, where the exchange is not available due to regulatory prohibitions. Even if you are a resident of the United States, you can trade in up to 43 US States. Other states are not allowed to trade on this exchange due to regulatory restrictions. Except for a few countries, there is hardly any country in the world where its operations are not active.

The trust of people using this platform from all around the world might make it a reliable exchange for you. There are hundreds of cryptocurrency exchanges available on the internet, but the fact that they have a customer base of more than 3 million users, speaks volumes about the trust people have in CEX.IO.

The exchange is working on keeping the security to the maximum level so that the customers can have a high level of trust and provide users new opportunities to trade digital currencies other than Bitcoin. The platform is regularly monitoring the addition of new currencies. Every new currency has to pass a list of checkpoints before it is listed on the exchange. This is done to keep only the best quality projects on the exchange. The CEX.IO team and its leadership is working hard to become the best cryptocurrency exchange in the world.

Advantages of CEX.IO

Below you will find some of the notable features of CEX.IO:

• Trade over 80+ cryptocurrencies with a fee of 0.25% or less
• Over 3 million registered users since 2013
• Supports 99% of the countries (even 43 States in US)
• CEX.IO has never been hacked
• Margin Trading possible (beta)
• Staking of cryptocurrency
• Accepts reliable payment methods like credit and debit cards, cryptocurrency and bank transfer (SWIFT, SEPA).
• 24/7 top-notch customer support by phone, live chat and email to answer queries

Create a free CEX.IO account and start trading

Start trading at the CEX.IO exchange and join over 3 million users.

DEAL ACTIVATED

ACTIVATE DEAL

On Going Offer

How to create a CEX.IO account?

To create a trading account on CEX.IO to trade cryptocurrencies of your choice follow the following steps:

1. Visit the CEX.IO exchange
2. Enter your email address, password and country
3. Check the Privacy Policy and Terms of Use box
4. Click on Create Account

We recommend that you use your active email account and a very strong password. Once you complete the above-mentioned steps you created your account. Just verify your email address and log in. When you log in for the first time you have to enter your First name, Last name and birth data.

How to verify your account?

Once you have created your account and verified your email address, the next step is to verify your account. Since CEX.IO is a financial organization, they have to know more about each customer to operate legally. To verify your account, take the following steps:

1. Click on your name at the top right and click on Verification.
2. You have the option to verify your Identity and Address.
3. Add the personal information including your Name, Gender, Phone number and country of citizenship.
4. Type in the ID card information i.e. identity card issuance date, ID type, card number and issuing country.
5. Add the residential address and permanent address of your house.

After entering the required information, you need to upload the supporting documents that verify the information you have provided. Once your account is verified, you will receive a confirmation email from the exchange that your account is verified and your limits will be higher.

Create a free CEX.IO account and start trading

Start trading at the CEX.IO exchange and join over 3 million users.

DEAL ACTIVATED

ACTIVATE DEAL

On Going Offer

How does CEX.IO work?

Being the first cloud mining provider in the world, CEX.IO has a tremendous experience related to cryptocurrencies and its safety. The exchange offers the option to trade more than 80 cryptocurrencies around the world.

It was CEX.IO that offered the very first-time fiat to cryptocurrency transactions. The exchange offered credit card payments and bank transfer to help its clients buy cryptocurrencies easily and safely. The platform has placed a tremendous effort to developed and maintained good relationships with well-known banks available in the market.

CEX.IO accepts very little information for its basic account verification. However, verifying accounts to a higher level is important for the traders to increase the limits. CEX.IO takes security very seriously and offers 4 types of account verification. These four types are mentioned below:

1. Identity verification (deposit up to $3,000 daily and withdraw up to $10,000)
2. Address verification (withdraw up to $50,000 and transfer money by bank transfer)
3. Enhanced verification (no limits for deposits and withdrawals)
4. Corporate verification (no limits for deposits and withdrawals)

You can buy cryptocurrencies from CEX.IO as you shop at an online store. You have to decide which currency you want to buy and select the desired trading pair. 

First you need to make sure that you have some cryptocurrency or fiat (USD, EUR, GBP or RUB) in your account. You can do that by transferring crypto to your wallet or by topping up your account by credit card or bank transfer.

You can buy Bitcoin for instance by following these simple steps:

1. Log in into your account
2. Make sure your transferred crypto or fiat to your account
3. Go to the exchange by clicking the Buy/Sell tab
4. Choose your trading pair: for instance BTC/EUR if your deposited EUR
   1. You can place a limit order if you want to decide the price per BTC yourself. Fill in the amount and the desired price.
   2. You can place a market order if you want to buy BTC for the current market price. Your order will be filled immediately.
5. Click on Place order

Depending on your chosen order, you are now the owner of BTC.

CEX.IO fees

At every exchange you pay fees for trading and sometimes also for using payment methods. The fees are mostly the big difference between exchanges. The CEX.IO fees are not that high and you can get a discount if your trade more. Please see the fee schedule on the image below (in BTC).

There is also a fee for the usage of credit and debit card. You pay a fee of 2.99% for every deposit. When you use bank transfer you can transfer funds for free, but it takes up to 2 business days.

Is CEX.IO safe?

The exchange has implemented a good number of security measures to keep the platform safe and secure for all traders. The following measures are implemented by the platform to keep is safe and reliable for the traders:

1. The website has cold storage for the security of crypto funds
2. All the data on the exchange is encrypted
3. The platform is PCI DSS certified
4. Respected and secure procedure and policies of KYC and AML are followed
5. Two-factor authentication (2FA) keep things secure and in your control

As you know the exchange is operational since 2013 and in all these years there is not a single incidence of hacking happened to CEX.IO. This is the major checkpoint for a trader to check before investing his/her money. This type of reliability is not offered by many cryptocurrencies exchanges available in the market. It is safe to say that it is safe to trade at CEX.IO.

You can contact the support 24/7 when you have issues with the platform or your account. And the fees are very competitive. 

Create a free CEX.IO account and start trading

Start trading at the CEX.IO exchange and join over 3 million users.

DEAL ACTIVATED

ACTIVATE DEAL

On Going Offer

Did you trade crypto at CEX.IO and would you like to share your review? You can do so by using the evaluation form below.