CEX IO Review 2023: Exchange Broker for Cryptocurrency Are they Safe

CEX.io Review

In this post, I’ll review the company and its services and compare it to other exchanges around. CEX.IO gets a tick for fee-free bank deposits, but its fees for buying Bitcoin with a credit or debit card are among the highest of any exchange. Convenience has a price, but it’s good to know that there are ways to cut down on fees. Trading fees once you have money in your account are competitive.

  • By staking your coins, you let them work for you and increase your earnings while they’re sitting in your account.
  • Consult with a qualified professional before making any financial decisions.
  • The platform is also registered with FinCEN in the US and is compliant with AML/KYC regulations.
  • That’s why it’s important to only utilize access points that are backed by valid certificates, such as PCI DSS, and clearly display proper licenses on their website.
  • – Fill-or-Kill (FOK) is a type of trading where the order must either be filled completely or killed.

It takes security seriously and offers two-factor authentication, SSL encryption, and cold storage for users’ funds. The platform is also registered with FinCEN in the US and is compliant with AML/KYC regulations. If you are looking for a fast, easy, and secure place to buy Bitcoin with https://www.tokenexus.com/ a credit/debit card, you’ve found a match. But beware—fees are high and many of them are in the fine print. Also, as of February 2018, support is overburdened and USD and GBP wire withdrawals HAVE BEEN SUSPENDED. Read the full explanation from the company’s official announcement.

Blockchain.com Review

This is different from placing your own order on the trading platform since different types of orders (i.e., market, limit, stop loss) will give you different results. If you’re a beginner, it’s recommended to use the brokerage option rather than the site’s trading platform. Once you request a withdrawal, it will be processed within 24 hours. However, it might to a bit longer for the money to reach your bank account. Need time to analyse the charts and compare, while the mobile app can be a great alternative for short period of time it can only a fraction of information at a time. I know some people trade solely on the app, but I think it’s not for me.

CEX.io Review

New users to CEX.IO can make a deposit or withdrawal up to $100 per day without completing a Know Your Customer (KYC) verification process. CEX.IO prides itself on stability to provide trouble-free service backed by a reliable system and user account security, safe storage of funds, financial viability and profound legal compliance. It is a reputable and safe cryptocurrency exchange with no hacked accounts or theft of funds since its launch in 2013. Hedge with Crypto aims to publish information that is factual and accurate as of the date of publication. For specific information about a cryptocurrency exchange or trading platform please visit that provider’s website.

AVOID – You can’t withdraw!

CEX is an established crypto exchange, founded in 2013 by Oleksandr Lutskevych. The brand also complies with AML and KYC protocol, holds PCI DSS certification, and offers 2FA, DDoS CEX.io Review protection, and multi-signature Bitcoin addresses. An inactivity maintenance charge will also be applied to accounts with a balance of less than $5 and no activity in 12 months.

CEX.io Review

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