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CEX

United KingdomUnited Kingdom
Full trading platformcex.ioSince 2013
Intuitive Ease of use, High Privacy, Wallet platform Private Keys Stored
  • Overview
  • Security
  • User Experience

Volume 24H: BTC 1482.27/24hr Active users 1444293

CEX is one of the larger stock-market-style trading platforms for altcoins. It has reasonably high liquidity and volume. It services most of the globe and is available in multiple languages. They provide an advanced API, volume discounts, and margin trading for serious traders. They offer bank-level security.

This platform is great for beginner traders since the lack of trading options makes it easy to navigate. However, it may not work as well for active day traders. The hidden 7% charge on Bitcoin buys will be a downside for any CEX.IO user.

Crypto Currencies Support

  • BCH
  • BTC
  • DASH
  • ZEC

Traditional Currency Support

  • EUR
  • RUB
  • USD

Language Support

  • Chinese
  • English
  • Italian
  • Russian
  • Spanish

Country Support

  • Australia
  • Canada
  • European Union
  • Hong Kong
  • Japan
  • Most Africa
  • Most of Asia
  • Most of Eastern European Union
  • Most of Latin America
  • New Zealand
  • Norway
  • Russian Federation
  • Singapore
  • Switzerland
  • Turkey
  • United Kingdom of Great Britain and Northern Ireland
  • US partial

Platforms Systems

  • — Mobile App
  • — Web Interface

Stock Market Options

Interface customisation:

  • — Charts

Advanced Options:

  • — Limit Order
  • — Market Order

Discounts For The Big Traders

  • — No Maker Fees
  • — Volume Based Discounts

There have been no past reports of breaches on the CEX platform and they meet most of the industry standards for security. Their website claims that they hold users' funds in cold storage but they do not specify how or where. Transparency in this area needs some improvement.

Summary:

2 Factor AuthenticationYes
Funds InsuredFunds Are Not Insured
Private Keys Stored OnExchange Platform
Storage TypeThey Claim To Hold User Funds In Cold Storage But Are Not Specific About It

Advanced Security Features:

  • — N

Security Features:

  • — Bank Level Encryption
  • — Pci Dss Standards
  • — Protection From Ddos Attackes
  • — SSL

Legal Registration or Compliance:

  • — Fincen Registration Us
  • — KYC / AML Compliant

CEX.io also owns Ghash.io, the largest Bitcoin mining pool. The exchange began development in 2013. The corporate executives and board members prefer to remain anonymous.

Summary:

CEX is a stable, reliable, crypto exchange that provides all the basic features the average user would need. It has a long history of success and bright future. As a trading platform, the features are somewhat limited. It is, therefore, great for newbies, but a bit restrictive for pros. It is available to almost anyone in the world. The only real drawback is the high fee for buying bitcoins.

Ease of useIntuitive
Transaction FeesBetween 0.10-0.20% Depending On Volume
Deposit/Withdrawal FeeIt's Free (fees May Be Hidden)
Deposit/Withdrawal Fee For Bank Transfer50usd/withdrawal, 25eur/withdrawal, 30gbp/withdrawal
Deposit/Withdrawal Fee For Credit Card1.1+
Deposit/Withdrawal Fee Charged For 3rd party PaymentsN/A
Anonymous TradingNo

Deposit/Withdrawal Options:

Deposit from bank account, Deposit using credit card, Withdrawl funds to bank account, Withdrawal funds to credit card, Send/Receive Crypto

Functionality:

CEX.IO facilitates simple and swift altcoins buying and selling by not offering the more complex trading options some other exchanges have. It's a very worthwhile platform for beginners, while active day traders might find it quite restrictive in terms of features and functionality.

Most common customer complaint:

— High, hidden fees and complicated verification process.