CEX.IO is a multi-functional cryptocurrency exchange established in 2013 and now serving thousands of customers worldwide. They provide a variety of trading tools for transacting Bitcoin, Bitcoin Cash, Ethereum, Ripple, Stellar, Litecoin, Tron, and other crypto assets online.
CEX.IO Review, Pros & Cons
- Intuitive trading platform
- A range of trading tools & educational resources
- 24/7 customer support
- No US clients
- No MetaTrader platforms
- Cryptocurrency trading only
In this detailed CEX.IO review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Launched in 2013 in the United Kingdom, CEX.IO is a regulated cryptocurrency exchange that provides its customers with easy access to crypto trading via multiple trading platforms, including a web platform, iOS and Android mobile apps, WebSocket, and REST API.
The Exchange is registered in the US and the UK. CEX.IO LTD is registered as Money Services Businesses (MSB), administered by the Financial Crimes Enforcement Network (FinCEN), a bureau of the US Department of the Treasury. CEX.IO Corp. has obtained Money Transmitter Licenses (MTLs) in 27 US states, and keep on working on covering more.
CEX.IO Limited also obtained a Distributed Ledger Technology (DLT) license issued by the Gibraltar Financial Services Commission (GFSC). The license number is FSC1345B.
CEX.IO LTD and CEX.IO Corp. are collectively managing the Platform. CEX.IO Corp. serves United States residents only in jurisdictions where it is licensed to operate. CEX.IO LTD serves clients from all the countries where it operates.
Some CEX.IO features and products mentioned within this CEX.IO review may not be available to traders from certain countries because of legal restrictions.
The exchange provides traders with the CEX.IO trading platform. It is a multi-functional platform for trading cryptocurrencies online. It provides an advanced order matching algorithm, a high-liquidity order book, and a rich variety of trading tools whilst combining an intuitive interface with advanced trading possibilities. The platform is available in the web version and mobile apps that are compatible with Android and iOS devices. The platform has unique features for crypto-trading, such as price notifications, instant sell options with immediate card top-up, order notifications, and instant exchange with support for fiat-to-fiat conversions. If you prefer automated trading, you can use the CEX.IO APIs (REST, WebSocket, and FIX) to generate your API keys.
CEX.IO Trading Tools
Clients get access to a range of trading tools to enhance their trading experience. The trading tools include the Bitcoin Price Calculator, which allows traders to convert easily between bitcoin and preferred fiat currencies (USD or EUR); APIs (REST, WebSocket, and FIX) that offers automated trading solutions; and Bitcoin Price Widget.
The exchange provides traders with a generous selection of educational materials that help to improve their overall trading skills and knowledge. The educational materials include a trading blog, press, and a help center.
CEX.IO gives traders access to trade multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Ripple, Stellar, Litecoin, Tron, and other crypto assets.
CEX.IO Accounts & Fees
The Exchange offers only one live trading account for onine cryptocurrency trading.
As broker fees can vary and change, there may be additional fees that are not listed in this CEX.IO review. It is imperative to ensure that you check and understand all of the latest information before you open a CEX.IO broker account for online trading.
The customer support team is available 24/7 to assist traders, and they can be reached via telephone, email, Live Chat, online request form, and social media.
CEX.IO Deposit & Withdrawal
Depending on your account verification level, there are different options for deposits and withdrawals, including:
- Visa/MasterCard debit and credit cards.
- International (SWIFT) and domestic bank transfers (SEPA, ACH, Faster Payments).
- Online payment processors, including Skrill, and QIWI
CEX.IO Account Opening
To open an account, Go to the registration page and follow the instructions below:
- Enter your email address
- Create a password
- Choose your country of residence from the drop-down list
- Click Create account if you agree to all of the terms and conditions
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Registered in the UK and US, CEX.IO is the Bitcoin trading platform that combines enhanced security with high market liquidity. They offer clients a wide variety of cryptocurrencies for online trading via the CEX.IO trading platform. However, they only provide Cryptocurrency trading and do not offer the popular MetaTrader platforms.
You should be aware that the risk of loss in trading or holding cryptocurrencies can be substantial. As with any asset, the value of cryptocurrencies can go up or down, and there can be a substantial risk that you lose money buying, selling, holding, or investing in digital currencies.