If you want to start buying and selling cryptocurrencies such as Bitcoin, Ether, Dash, or Stellar… Changelly Vs Cex.Io… however, do not understand which exchange to use, this CEX.io evaluation must help you choose.
Get started with the most convenient and most safe platform to purchase, sell, trade, and make cryptocurrencies.
In this review, I will cover the following subjects:
What CEX.io is?
A brief history of CEX.io.
The advantages and drawbacks of the platform.
Digital currencies you can purchase, offer and trade.
By the end of this CEX.io evaluation, you ought to have the ability to decide if CEX.io is the right cryptocurrency exchange for you. You’ll also understand its beginning, security functions, offered coins, charges, and so much more.
With so much to cover, we ought to most likely start! Let’s see what this popular exchange needs to offer.
Pros
Easy to figure out
Various trading sets
Excellent support
CEX.io is a cryptocurrency exchange platform. It is fantastic for both innovative users and beginners getting begun with purchasing and offering cryptocurrencies.
Is CEX.IO legit?
If you were questioning: Is CEX.io legit? Or, is CEX.io safe? The response is yes and no. The site is certainly legitimate, as it has been registered in the United States as a Money Solutions Service. The company that it’s licensed is called the Financial Crimes Enforcement Network ( FinCEN). This means they’re extremely not likely to all of a sudden pull an exit rip-off on you!
CEX.io also offers users with defense under a level 2 DSS certificate. This suggests it has actually proved itself as having a specific level of security to shop, procedure, and transmit payment card information.
That stated, CEX.io should not be considered as completely safe. It is a cryptocurrency exchange, after all. The reality that they save vast amounts of various currencies makes it a big target for hackers.
The history of digital currency has plenty of examples of exchanges being hacked and there is absolutely nothing to suggest the future will be any different. This is why you ought to never keep your cryptocurrency on an exchange! Rather, you need to consider utilizing a safe wallet, such as MyEtherWallet or Exodus..
Next, let’s look at how the exchange progressed into the relied on platform it is today.
CEX.io History.
CEX.io was founded in London, UK, in 2013. Initially, it was a cloud mining provider that owned the GHash.io mining pool. Back in 2014, GHash was among the largest mining swimming pools around.
In early 2015, the decision was made by CEX.io to stop supplying cloud mining services. This was based on the low Bitcoin cost at the time, in addition to the fact that the business didn’t own any mining hardware. The GHash.io mining pool was terminated. CEX.io would live on, solely as a cryptocurrency exchange platform.
Note: Cloud mining is a process of mining for cryptocurrency in a group or swimming pool. Users share processing power in the cloud significance they don’t require to own their own hardware. They are paid a share of every block reward the swimming pool earns.
Payment options.
Several payment methods: Visa, Mastercard, bank transfer (SWIFT, SEPA, ACH, Faster Payments), cryptocurrency.
Strong security.
Defense versus DDoS attacks, complete information file encryption, cryptocurrency freezer, and compliance with PCI DSS requirements to protect your funds.
24/7 support.
Dedicated assistance through email, phone, and live chat around the clock to answer your questions at any time.
Competitive commissions.
Reasonable costs for takers and makers, special conditions for high-volume traders, and strong offers for market makers.
Reputable order execution.
Advanced order matching algorithms, a high-liquidity order book, favorable conditions for market making, high-frequency trading, and scalping strategies.
Variety of API options.
WebSocket, REST API and FIX API for automatic trading based upon the needs of institutions and individuals.
CEX.IO Made It Easy to Work and Make With Crypto.
Among the numerous websites offering Bitcoin exchange services, CEX.IO is an entire environment of product or services that enable clients to engage with the decentralized economy from numerous elements. The favorable credibility of CEX.IO and market tenure make it worth the trust of consumers all over the world. With a client base of over 4,000,000, the platform is recognized as the trading company that can be relied on.
Our clients know what it indicates to deal with a managed platform that has a substantial history, a deep understanding of the market and consumers’ needs. We are constantly dealing with boosting security and adapting our systems to the most recent regulative requirements. Compliance with the worldwide standards permits us to implement numerous payment options and work with trusted banks and payment service providers.
CEX.IO is also regularly expanding the list of cryptocurrencies. Still, every cryptocurrency needs to pass a comprehensive confirmation to be noted. Our due diligence and concerns about the quality of the service settle. Now, we are moving on to accomplish the status of the very best cryptocurrency exchange.
Is CEX.IO a bitcoin wallet? Changelly Vs Cex.Io
Purchase, Offer, and Trade Crypto Quickly with Professional Crypto Trading Platform.
Searching for a dependable online exchange might be a complicated job. Therefore, trusting a platform with substantial protection and a positive credibility amongst its users might save your time.
CEX.IO items, including the Bitcoin and crypto trading platform, combines the crucial features: boosted security, range of services, and high market liquidity. The group applies every effort to make your trading on the platform as safe and hassle-free as possible.
Rapidly Purchase Crypto with Card.
We understand that sometimes deep dive into the crypto economy might indicate some technical barriers. In some cases it can be challenging to deal with blockchain deals and crypto trading treatments. So we’ve developed the Immediate Buy service to permit consumers to quickly get in digital financing and utilize its benefits.
To purchase Bitcoin and 70+ cryptocurrencies on CEX.IO, you simply require an account and credit card. Verify the purchase and the desired quantity of digital coins will appear on your CEX.IO balance instantly.
Offer Crypto and Get Immediate Money.
When you require cash urgently, you can sell Bitcoins for money utilizing our mobile app and get funds directly to your linked card. The Immediate Sell option is offered on the Buy/Sell menu and enables you to transform your digital funds into genuine ones immediately.
Benefit from High Liquidity Markets.
Our liquid order books permit high-speed order execution even for huge-amount trades. In addition, we frequently assess and improve the performance of the currency pairs provided on our marketplace. Still, when considering noting a brand-new coin or token, we estimate its demand, fault tolerance, and throughput to avoid shady coins with zero market activity. Besides, millions of active crypto and Bitcoin traders assist us to keep markets of a suitable and high-quality liquidity level.
We believe that a laconic and intuitive user interface together with advanced trading instruments and first-rate security make CEX.IO the best place to trade cryptocurrencies.
Finest Cryptocurrency Exchange: What Does It Mean for Us?
For you to be able to recognize a dependable online exchange and sort out those that seem too weak, we allowed several functions, worth paying your attention to:.
Service Security and Security.
The policy of exchanges is likewise important. CEX.IO:.
Is officially signed up in the UK;.
Has a Cash Services Organization status in FinCEN;.
Complies with the legal requirements of the countries where it operates;.
In addition, the two-factor authentication, DDoS defense, and use of multisignature Bitcoin addresses turn it into one of the safest crypto exchanges in the USA and around the world.
Quality of Consumer Assistance.
For the customers, getting answers to their concerns is always an indication of the quality of work. Making everything possible to ensure fast processing of your inquiries, the customer support at CEX.IO works 24/7. And each member of the support group goes through thoroughly developed intensive training to be able to deal with any possible inquiries. In such a way the platform may frequently be recognized as the most responsive amongst Bitcoin exchanges.
The Availability of Trading and Payment Alternatives.
A variety of alternatives for trading cryptocurrencies is useful for users. In particular, CEX.IO supports trading of around 200 crypto markets, like BTC/USD (BTC to USD), ETH/GBP, DASH/EUR, ADA/USDT, and more. Furthermore, the range of payment options, including cards like Visa and Mastercard, wire transfers (SWIFT, SEPA, AHC, FasterPayments), in addition to electronic wallets (Skrill, Advcash, Epay, etc) adds to the benefit of the service.
Website Interface.
Site user interface. User experience on the website is also of importance for the clients. The very best Bitcoin exchange will constantly strive to make sure simple navigation through a simple and clear structure. Because the launch, we have been enhancing and streamlining our service to make it easy and practical for consumers of various experiences. Right now, you can purchase crypto, sell and exchange it in simply several clicks.
Community of Interconnected Solutions. Changelly Vs Cex.Io
In the CEX.IO ecosystem, consumers can engage with the crypto economy and easily gain access to the blockchain advantages. We offer:.
Buying crypto with debit/credit cards on the CEX.IO Immediate purchase service;.
Trading over 200 crypto markets on the CEX.IO Exchange platform;.
Protected funds saving on the CEX.IO wallets;.
Trading derivatives of cryptocurrencies and other possessions with leverage on CEX.IO Broker;.
Making passive income with services of CEX.IO Earn and our Affiliate Program;.
Flexible on the go trading with the CEX.IO Mobile App;.
Getting crypto-backed loans instead of selling your crypto when you require cash with CEX.IO Loan.
Enterprise-grade and B2B consumers can gain from such services as CEX.IO Aggregator, CEX.IO Prime, CEX Direct.
Crypto and Bitcoin Frequently Asked Question.
What is a crypto exchange?
It’s a digital market and an online platform where you can inspect and compare the cryptocurrency rates, buy and offer virtual currencies, exchange them between each other, or transform them into fiat funds.
How to exchange cryptocurrency quickly and firmly?
You can utilize the Exchange feature available in the CEX.IO mobile app. You simply require to select 2 currencies, one offered on your account balance and one you want to receive. And we’ll appreciate the security of your transactions and funds.
What is crypto trading?
Trading, in the traditional understanding, is hypothesizing on the asset rates to get profit. The very same pertains to crypto trading, with the only difference that you buy and sell digital assets. For instance, at CEX.IO you can place market and limitation orders to trade Ethereum versus dollars (ETH to USD) or any other offered assets.
Where to inspect the Bitcoin (BTC) rate?
The existing market value, as well as historic modifications of the BTC rate, is available on the live online rate charts. Likewise, you can use our easy Bitcoin calculator and estimate the worth of the precise amount of Bitcoins and other cryptocurrencies.
How to start trading Bitcoin( BTC) on CEX.IO?
You need to sign up an account and pass the Identity confirmation for better defense of your account.
Then, top up your balance with fiat funds using among the payment options.
When done, go to the Trade page and location your orders. There is a vast array of BTC markets presented on CEX.IO, like BTC to GBP, or BTC to ETH.
How to generate income by trading Bitcoin and crypto?
Primarily, crypto traders are hypothesizing on the costs of cryptocurrencies, trying to buy them at the lowest possible rate and cost the greater cost. Nevertheless, with CEX.IO you can increase your holdings with practically no effort. Simply join our Staking program.
Leading cryptocurrencies.
CurrencyPrice24h ChangeMarket Cap.
BTCBitcoin.
$ 49319.61.1%$ 932,524,494,641 Buy.
ETHEthereum.
$ 4170.082.71%$ 494,591,019,222 Buy.
BNBBinance Coin.
$ 557.638-1.66%$ 93,582,089,081 Buy.
USDTTether.
1.00220.01%$ 75,211,601,991 Buy. Changelly Vs Cex.Io
SOLSolana.
$ 190.7921-7.93%$ 58,439,488,093 Buy.