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Type of review

Revainrating 4 out of 5

CEX io Exchange

CEX is best cryptocurrency exchange that provide exchange service with fiat curencies. Cex lists multple cryptocurrencies for buy/sell or trading. but CEX does not lists many gret or major coins in trading platform. Cex accepts Fiat currency deposits and for depositing fiat Cex does not charge any commission from any users. CEX exchange provides fiat support but it supports only USD, EUR, RUB, GBP fiat currencies. and if you want to withdraw Fiat currency then CEX charge very high fees for…

Pros
  • Cex cryptocurrency exchange is best Fiat to crypto exchange and trading platform.
  • Cex cryptocurrency exchange lists multiple cryptocurrencies for trading.
  • Cex cryptocurrency trading platform offer margin trading feature on Bitcoin and ethereum for traders.
  • Cex cryptocurrency exchange accepts Fiat currency deposits and don't charge any commission on fiat deposits.
  • Cex crypto trading platform exchange rates are average and provides high transfer limit for verified users.
Cons
  • Cex exchange supports only few fiat currencies which are USD, EUR, RUB, GBP only.
  • CEX exchange charge very high fees for purchasing and selling bitcoins.
  • Fiat Bank withdrawals are very expensive in Cex exchange.

Revainrating 5 out of 5

My experience with Cex io exchange and its operation

I've been using Cex io for nearly a year now and so far it has proven to be a very professional and secure exchange. Since I purchased several cryptos here, my wallets are all on the Cex io platform, but I have never feared for the safety of my coins. With so many exchanges being hacked in the last few years, it is very reassuring to feel that your coins are protected! I would recommend it especially to people from Serbia as it is one of the very few exchanges where Serbians are eligible…

Pros
  • I found it very easy to deposit and withdraw currencies.
  • As I am someone who is not very versed in crypto wallets and exchanges, for me it is user friendly and easy to use.
  • Unlike some other big crypto exchanges like Binance, it has never been hacked, which means that it has a high level of security!
Cons
  • Limited number of crypto currencies you can buy and trade. For example, there are many currencies still not listed on this exchange, and they are on other exchanges for a long time already, like Cardano.

Revainrating 4 out of 5

Easy way to Buy crypto using Credit/debit card

Before signing up for any ethereum exchange service, you must know about its safety level. The thumb rule with safety is that, as long as the exchange service stores your funds online, they are at the risk of being attacked by hackers. Thankfully, according to CEX IO the customer funds are stored offline. But it hasn’t given any concrete details on how this offline storage is implemented. The second way of securing your funds is making sure that access to your account on the website is 100…

Pros
  • Specially good for beginners because of its simple interface
  • The service has a very user friendly website and app
  • Easy to get started with the initial verification process
  • The company is registered with Fincen in USA and ICO in UK and EU. So it is pretty reliable when it comes to safety of your funds
  • There are multiple payment options
  • Fees on purchase of crypto coins with credit cards is low as compared to the 5.9% fees of Coinmama or the 5% fees of BitPanda
  • Purchases with bank transfer are free of any additional fees
Cons
  • The verification process for increasing credit card limits is long and complicated
  • It deals in limited number of currencies unlike other popular exchanger services such as Coinbase
  • Received criticism from users for hidden charges, customer support issues and problems with verification

Revainrating 3 out of 5

Cryptocurrency Exchange - CEX IO

Overall this Bitcoin exchange is merely OK. On the plus side, it is very secure and is quite easy to use. Liquidity is not a problem due to its FOK system, and for many traders this could be a big enough reason to join the Bitcoin exchange. The issue is of course the huge charges which are often not made clear to customers. They have a rounding error which means they take an extra (tiny) cut and they deduct .02% in transaction fees. And these customers are quite angry, as CEX seem to be…

Pros
  • CEX io is one of few Bitcoin exchanges that allow users to buy with cards, which is excellent from a convenience standpoint.
  • CEX io supports mostly all countries
  • From a security perspective, CEX io is up there with the best and Two Factor Authentication (2FA) is used via Google Authenticator, which is an additional security step if someone else is using your account.
Cons
  • CEX is very expensive with all of its hidden charges.
  • The verification process is also quite long and intensive.
  • Customer support is process request very slowly.

Revainrating 3 out of 5

There has never been any mention of a CEXio scam or hack actually penetrating…

There has never been any mention of a CEXio scam or hack actually penetrating the platform, and the close manner in which the exchange works with incumbent financial institutions means that it’s likely a highly secure place to trade. If you’re seeking a highly compliant exchange that will allow you to invest in cryptocurrency in a region in which crypto is tightly regulated, CEXio is a good choice.

Pros
  • CEXio is a beautiful platform and suitable for both beginners and advanced traders alike. It's easy to trade but unfortunately not so easy to get verified or receive customer support. *One of the most beautifully designed exchanges, *Easy to use for beginners, *Links with trading view for advanced users, *Compliance and security is strong
Cons
  • *Verification process is stringent *Customer support is lacking *Fees are not so competitive