CEX IO Reviews Read Customer Service Reviews of cex.io
Some fees are a percentage of the total transaction, and others are both a percentage and a flat dollar amount. CEX charges 3.5% plus $0.25 / £0.20 fees for credit card deposits to user’s accounts. Credit card purchases should be processed instantly once the card is verified. Some users have complained that these additional fees amount to ‘hidden charges’.
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- As a result, CEX is a highly transparent operator, and maintains high security standards and is registered with the ICO in the UK and with FINCEN in the US.
- CEX.IO has been on the market for a long time and have high trading volume.
- Given the lack of quality customer services at several leading exchanges, CEX.IO has made sure to provide good customer support to its user base.
- Designed to service both beginner and more experienced buyers/traders, CEX.io now provides Bitcoin margin trading and the platform can also be accessed via its website, mobile app, WebSocket and Rest API.
- A digital payment system which businesses can install onto their website or mobile app to allow customers to purchase goods and services using cryptocurrency.
The user-friendly interface of our platform allows you to see the prices for currency in the order book below the chart and follow the limit orders that are proceeding at this very moment. The full order book ensures that we’ve enough liquidity to execute your order. As well, you can analyse the Market depth to understand the number of people who want to buy crypto, so-called pending limit orders. To understand better how to sell, buy or trade Bitcoin, XRP, or any other digital assets, it would be a good idea to study technical analysis. Consequently, while observing price charts you could make your own decisions on what will be a better action currently, to sell crypto or not. Now when you already have some cryptocurrency at your balance, you can go to the Trade section and opt for the pair you want to trade with.
Experience of Customer Support
- When it comes to funding your account, many of the different methods available come with a hefty fee.
- Initially, there was only flexible savings available, which allows to withdraw your funds at any time.
- CEX.IO is a cryptocurrency exchange platform launched in London in 2013 which boasts over 4 million users around the world.
- Conversely, in case you suppose that the XRP price is going to decline, ponder the market conditions to decide to buy it or not.
- In this review, our experts share their key findings after testing CEX.IO.
Institutional business users can access another advanced trading platform designed for professionals called CEX.IO Prime. However, in certain jurisdictions, the platform provides two ways for users to earn free cryptocurrency from their holdings. CEX.IO CEX.io Review Savings lets you transfer coins you aren’t trading into a savings account. If you think that CEX.IO is not the best option for your needs, you should check out other renowned cryptocurrency exchange platforms, like Binance, Bybit, and Kraken.
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CEX.IO allows you to purchase the majority of the most popular coins, including BTC, ETH, BCH, BTG, DASH, LTC, and others. Besides, the best part is that you can easily buy them with EUR, USD, or GBP via the Instant Buy feature. Take my advice and DON’T trade in large sums if unexperienced… Now that we’ve discussed all the pros and cons in this CEX.IO review, you might be wondering whether this platform is for you. Well, let me tell you one thing – CEX.IO is probably best for beginners, but some advanced users can also benefit from it (especially those who prefer simplicity). If you don’t submit your documents in the way the company wants it, they will reject your request to upgrade your account and you’ll have to start again.
CEX.IO would be an excellent platform for new and experienced crypto investors if the fees could be lowered. CEX.IO stands out as one of the more user-friendly cryptocurrency exchanges, especially for beginners. It allows you to buy cryptocurrencies with credit and debit cards instantly.
