1 Level
5 Review
1 Karma
Review on CEX.IO by Billy Martin
CEX IO Exchange - Best Trading Convenience
Every 4 months Cex io platform listed a new crypto asset - in these days they are listing Litecoin for trade / buy or sale.
As a seller - i really like the difference between the prices (high convertion rates for most of the cryptocurrencies).
It allows you to withdraw instantly fiat money to your credit card or bank account
. Advanced mobile application - working fast and allows you all of the actions you can do on the web platform.
Variety amount of useful API's for developers - REST API, WebSocket API, FIX API - this is great and helps to cooperate with this platform as a developer.
ο»Ώ
Consider use CEX io if you need the ability to combine the use of their special API's with your trade, or just use it in your web/mobile application.
Cex io for my opinion is progressing slowly but headed in the right direction, they have a bright future.
Consider using this platform if you want the ability to convert the core cryptocurrencies to fiat money and withdraw it directly to your bank account or to your credit card - it's the only platform that we trust who offer this ability. Cex io is best cryptocurrency platform where we can buy coins with fiat currency.
ο»Ώ
Pros
- Platform has high rates for BTC to USD, which is good if you wish to sell bitcoin
- Platform's look and feel is great, looks calming, secure and professional
- Registration in UK, MSB status in FinCEN, essential licenses and strong relations with banks
- Protection against DDoS attacks, full data encryption, compliant with PCI DSS standards
- Reasonable trading fees for takers and makers, special conditions for high volume traders, strong offers for market makers.
Cons
- Transfers take time and many times don't show up
- It can take up to week for a withdraw / deposit to be processed, making the site feel like a scam
- Cex io security is not high because it does not provide 2factor authentication security.
