Review on CEX.IO by José A Rodríguez
CEX. IO: Overcoming Past Issues to Remain the Top of Exchanges
CEX Exchange coming from the Indian Ocean territory is an amazing exchange service dedicated to offering the best of trading to Bitcoin holders, and currently, it also offers support for other altcoins. The best of this is not trading at all, but the support the customer receives from the company itself. It has a digital list of products to offer from the exchange to the additional entries for the mobile app.
Every one of the services was designed with detailed attention not highly covered in the crypto-market. So, CEX is currently placed on the top of exchanges of global trading. For me, it has a deserved place into the top and it is good to know about it for future options. First of all, the service has a good fee margin clearly explained for every action it offers. Part of this reveals the excellent attention that the exchange gives to permit deposits and withdrawals since Visa and Mastercard are leading the top, but other digital services like Skrill are equally functional. They all have a similar percentage of fees.
Secondly, the service is really informative and trustworthy to upload the daily rates of the most trad tokens. Bitcoin is almost always in the top, Cex offers good support to this cryptocurrency. Moreover, altcoins like Ripple, Ethereum, Litecoin, and Bitcoin Cash have excellent movement and if there is a moment to buy or sell them it is now. I definitely like the good interface the company offers. When users enter the web page they are overwhelmed by a sense of comfort. It does not matter so much where to use it because both mobile or desktop is excellent.
However, not everything is good for this exchange service. There are many complaints about delayed withdrawals from many customers. Even some of them have not been confirmed a lot. So, part of the checking process and security of transactions seems not to be synchronized with the digital support of the company. Out of this, the exchange keeps fixing this issue to offer a high-quality service and remains at the top.
In conclusion, CEX is a competitive exchange with strong support for finances based on cryptos and alternatives for payments in default money. The commissions are adaptable and clients have good options for updating and increasing the limits of trading. Overall, the exchange is good. It is a little bit upset to wait a long time for withdrawal confirmation, but I hope this problem is solved soon. And of course, never forget the last hack the service had, it was a minor issue but a necessary point to consider, anyway.
Pros
- Excellent support for reasonable trading where users can buy and sell cryptos with a wide list of payment methods. The basic options are operative, but the digital ones are the best for executing almost everything.
- Special digital support for all the altcoins transactions, it includes a guide with the first steps to start trading in the service.
- Good years in the market. Issues have been marked during this time, but they have been solved.
- Support and partnership from global enterprises and digital financial companies.
Cons
- Many users still refuse to join the service because of the issue registered with the hack. Moreover, it seems not to be very competitive since withdrawals take a long time to be confirmed.
