Review on CEX.IO by LUIS RIVERO R
Secure exchange, but with high fees
This exchange platform is popular for its security and location, since it is registered in the United Kingdom, its strength is the purchase and sale of bitcoin with fiat money, as well as deposits and withdrawals to bank accounts or visa or master card.
What makes this platform reliable is that it is duly regulated by the laws of that country and those of the EU.
Account with withdrawals directly to bank accounts, using traditional methods such as SWIFT, or SEPA.
Highly secure
usually transactions are expensive in this platform, trading here generates large losses due to their high fees, this is not a general platform to make trading is specifically to buy bitcoin.
If you are thinking of using this platform to exchange small amounts it is better to stay away since you could lose a lot of money.
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Pros
- It is necessary to verify the identity of the users.
- Deposits to your Cex account with cards and bank transfers.
- It is possible to make withdrawals with various traditionally known methods.
- It is easy to use, and register.
- Mobile application with multiple functionalities.
Cons
- Buying with Bitcoin with fiat is expensive on this platform, for its fees.
- In general, trading on this platform is expensive.
