Cex.io

Launched in 2013, Cex.io is one of the oldest and most secure UK-based cryptocurrency exchanges. Cex.io started as a cloud mining service provider and progressed into an exchange for bitcoin. It gradually evolved over the years into a multi-functional cryptocurrency exchange that accepts multiple deposit types and supports several digital assets. The versatile yet straightforward platform of Cex.io makes it an excellent choice for astute traders and beginners to step into the crypto world.

It is interesting to understand what makes Cex.io so unique, adaptable, and universal for every crypto investor. Let us take you through some of those fascinating aspects.

The stable platform of Cex.io provides users access to a wide variety of features and multiple trading tools that allow traders to easily buy, sell, and trade some of the top cryptocurrencies. The following are some of the unique features offered by Cex.io.

• A simple, beginner-friendly interface, high liquidity order-book with low spreads, and advanced order-matching algorithms create an excellent user experience.
• Easy and quick to purchase and sell crypto.
• Supports cross-platform trading via website, mobile app, and API.
• Offline cold-storage measures for enhanced security
• Cex.io Staking allows users to increase their holdings by simply locking-up certain cryptocurrencies in their Cex.io account.
• 24/7 dedicated Customer Support team.
• Crypto-backed loans allow customers to borrow against their crypto holdings so that they do not have to sell.
• The affiliate program rewards traders for inviting new users to Cex.io. The traders are awarded a 30% fee from all the exchange transactions of the referred users.

The following are some of the unique services rendered by Cex.io.

• CEX.IO Brokerage Service
  ‍Cex.io will trade cryptocurrencies at a premium for traders through the Brokerage Service. The Brokerage transactions are executed immediately and in full.

• ‍CEX.IO Trading Platform
  ‍Cex.io’s trading platform is a great choice for advanced traders. The transaction fee is really low on this platform and can only reach a maximum of 0.25%. The platform has decent liquidity, supports cross-platform trading, and also provides traders with advanced reporting.

• CEX.IO Margin Trading
  ‍A dedicated margin trading platform called Cex.io Broker allows users to trade cryptocurrency via CFDs. It allows traders to leverage their position and enhance their profit possibilities.

• Instant Exchange and Instant Sell services
  The Instant Exchange feature supported by the mobile app allows users to create their own trading pairs and swiftly exchange between crypto or fiat currencies on Cex.io in almost no time. Instant Sell Services is unique to Cex.io. It allows users to sell coins and instantly withdraw their fiat profits.

• ‍CEX Direct
  Customers have the ability to integrate crypto purchases into their own website with CEX.IO codebase.
  

The buying limits are based on five different verification tiers – Intro, Identity, Address, Enhanced, and Corporate.

• The Enhanced and Corporate accounts have no fund limits, while the other three accounts have certain limitations for daily withdrawals and deposits.
• Deposit/Withdrawal amounts and fees for fiat currencies are specific to each payment method.
• Cryptocurrency withdrawal/deposits are specific to each currency, and withdrawals include a commission fee in order to move out the digital asset from the cex.io account.

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Full breakdown

Limits and commissions

Transaction fees

• “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”. Reference

• “One of the biggest complaints users have about CEX.io is the amount of fees and hidden charges the company has. For example, CEX.io can take up to a 7% fee from the amount of fiat currency you pay for a service.” Reference

• CEX.io is a cryptocurrency exchange platform. It accepts multiple deposit types and supports several different digital assets. It is great for both advanced users and beginners getting started with buying and selling cryptocurrencies. Reference
  

Cex.io has not reported a single incident of theft or hack since its inception in 2013. The platform is PCI DSS certified and also follows AML/KYC procedures and policies. Apart from supporting the 2–Factor authentication for user security, Cex.io also houses all of its cryptocurrency funds in a secure offline cold storage. All these features of Cex.io ensure that it is one of the safest platforms for trading cryptocurrencies.

• Supports a variety of fiat trading pairs for each crypto asset
• Easy-to-use and Beginner-friendly
• Highly secure with DSS level 2 Certificate.
• Mobile app.
• Instant purchase of crypto assets with credit cards.