It allows you to buy top cryptocurrencies, using your credit or debit card, and that too within a couple of minutes. Besides, you can also withdraw funds to your bank account or card in just a few clicks. Users who are interested in the withdrawal of fiat funds and even increasing the limits of their payments should verify their identity. To do this, users must submit certain personal data as well as documents for reaching the verified level.
These fees are 3.9% +$0.25c per purchase, which is certainly not cheap. However, purchases made using bank transfers (ACH and SEPA) are free. If you love https://www.tokenexus.com/ the concept of trading and accessing your crypto portfolio anywhere you want and whenever you want, then the CEX.io mobile apps will help you a lot.
CEX Review 2023
Notably, Cex.io offers many different types of cryptocurrency, so it is suitable for those who want a diverse digital portfolio. The exchange also allows you to trade fiat currencies (digital currencies pegged to assets backed by a government). It is intuitive, too, meaning you can hit the ground running when setting up trading accounts with Cex.io. Since the exchange is decentralized, it requires businesses to deal directly with others. Buyers receive digital money immediately no matter what type of accepted payment method is used.
- The cryptocurrencies supported for the trading purpose include Bitcoin, Ripple, Ethereum, and Bitcoin Cash.
- 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.
- However, withdrawals attract a fee, and processing time may take longer than other featured payment methods like PayPal and Skrill.
- Usually, it’s expected from a service to remain neutral in these debates and follow the natural market movements.
- You can now share the application code with your audience or integrate the banners on your website.
- Capterra is free for users because vendors pay us when they receive web traffic and sales opportunities.
- You can submit a support ticket through the platform’s website, and a representative from the support team will get back to you as soon as possible.
You can also buy directly using a credit card for 3.9%, and the transaction will then be processed instantly. The platform is simple yet sophisticated, and one aspect we particularly liked was the ability to engage in cross-platform trading. There are only three fiat currencies supported on the platform, which are USD, EUR, and GBP. When buying crypto with your credit/debit card or the available payment methods on CEX.io, you have to pay the conversion charges.
Fees for withdrawals/deposits
So, if you are not willing to take more risks and just want to enjoy casual trading, spot trading would be the right market to go with. But if you are willing to take risks and know what you are doing, leverage trading can work as a get-rich-quick scheme if things work out well for the longer term. In this CEX.io review, we delivered on our promise to provide you with adequate information about the exchange. Next, generate your referral link to unlock additional features such as landing pages and banners. You can now share the application code with your audience or integrate the banners on your website. After the email confirmation, they will prompt you to verify your identity.
Every window has a simple to access scroll down box which can be used for selecting the digital asset you wish to purchase and the currency that you wish to use. Apart from this, the support section provided https://www.tokenexus.com/cex-review/ on the site is also an excellent tool for new investors or traders. This section consists of several FAQs and in case users don’t find the right answers then they can use the email requesting form.
Provider of the Month
Generally speaking, Kraken is better for experienced traders, but that does not mean a beginner who is happy using some expert language will not find it a good option. Changelly is a trustable site which you can use to exchange between various cryptocurrencies. 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.
Is CEX.IO real or fake?
Is CEX.IO safe? Though CEX.IO has weathered limited attempts at hacking here and there, it has never lost any of its customers' funds. As a result, it is reasonable to consider CEX.IO safe to use.