CEX.IO Review 2024: Insights & Analysis of The Crypto Exchange

There are many noteworthy Bitcoin exchange platforms in the crypto world, and CEX.IO has made an impression as a user-friendly platform for trading major cryptocurrencies. Traders consistently attain profitable services while availing of services rendered by CEX.IO offers for digital currencies.

The trading platforms’ noteworthy advanced trading features are a vast transfer network, a CEX.IO App with an easy-to-use interface, spot trading, orchestrated margin trading, and profitable global marketplaces under their CEX.IO-supported countries portfolio, to name a few.

In this CEX.IO review, we’ll cover the various aspects of CEX.IO in depth, including what it is, how it works, its pros and cons, and answer the question, is CEX.IO safe? So, let’s get started!

CEX.IO Platform Interface

Key Takeaways

  • CEX.IO operates globally, offering services in multiple countries.
  • The platform features a user-friendly interface.
  • CEX.IO ensures high security with features like 2FA.
  • The exchange offers spot trading, staking, and margin trading.

What is CEX.IO?

CEX.IO, founded in 2013, has established itself as a prominent player in the cryptocurrency exchange industry, serving over 5 million registered users worldwide. With a strong presence in over 30 U.S. states and holding more than 30 licenses and registrations globally, CEX.IO offers a secure and regulated platform for trading digital assets.

Since 2019, CEX.IO has facilitated over $7.5 billion in customer deposits, demonstrating users’ trust and confidence in the platform. Additionally, through its legacy pool, GHash.IO, CEX.IO has mined an impressive 583,000 BTC, contributing to the security and decentralization of the Bitcoin network.

At CEX.IO, user experience and security are top priorities. The platform provides a user-friendly interface, advanced trading features, and robust security measures to ensure the safety of users’ funds and data. With a commitment to compliance and regulatory standards, CEX.IO adheres to strict AML/KYC procedures and regularly undergoes audits to maintain transparency and trust within the industry.

About CEX.IO

Fintech patrons were offered lucrative services through CEX.IO to trade their fiscal earnings into crypto tokens. The CEX.IO platform has strong tie-ups with reputable banks in prominent marketplaces. Crypto tokens are converted into leading international marketplaces like The United States Dollar, the British pound sterling, the Russian ruble, and the Euro.

CEX.IO renders a diversified array of profitable cryptocurrency trading intermediaries for Ethereum (ETH), Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), and Ripple (XRP), to name a few noteworthy Bitcoin exchanges for their client’s pursual.

The core purpose of the digital crypto platform CEX.IO is to orchestrate a portal for novice clients into the fintech realm.

The crypto organization CEX.IO has over 300 multi-talented fintech specialists operating in the firm’s international branches in the United States, Ukraine, the United Kingdom of Great Britain, Cyprus, and Northern Ireland.

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From its onset, CEX.IO has built a strong base with eminent financial conglomerates listing themselves with multiple reputable jurisdictions in the American states. A noteworthy alliance of CEX.IO operating in over 30 states in the US is Money Transmitter Licenses and Authoritative firm of US Financial Crimes Money Services Business.

CEX.IO, through their territory into new marketplaces, is rooted in their enhancement for niche fintech clients and administrative fulfillment.

CEX.IO Overview

Official Website https://cex.io/
Headquarters United Kingdom
Found in 2013
Native Token None
Listed Cryptocurrency BTC, ETH, BCH, BTG, DASH, LTC, and more
Trading Pairs BTC/USD, BTC/EUR, ETH/BTC, ETH/USD, BAT, and more trading pairs
Supported Fiat Currencies USD, EUR, GBP, and RUB
Supported Countries 99% All + 48 US States
Minimum Deposit For ETH – 0.001; Other Crypto – 0.0001
Deposit Fees VISA – 2.99%Mastercard – 2.99%
Transaction Fees Maker fee – 0.00% to 0.155%
Taker fee – 0.10% to 0.25%
Withdrawal Fees VISA – up to 3% + $ 1.20Mastercard – up to 1.8% + $ 1.20cryptocurrencies – it varies on each crypto
Application iOS and Android
Customer Support Email and Call Support team

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Our Take On CEX.IO Crypto Exchange

CEX.IO is a reputable crypto exchange known for its secure platform and wide range of services. Recent user feedback mentions slow support and high fees, but the exchange remains popular due to its strong security, diverse assets, and compliance with regulations.

CEX.IO : Pros and Cons

Pros Cons
Transfer user funds to most countries’ marketplaces that CEX.IO supports in Europe, the United States, Africa, and the Middle East. The exchange still has to reach and obtain the approval of a host of international currencies.
Users can use a bank transfer (like SWIFT, SEPA, and ACH) and pay with debit cards (Visa and Mastercard). CEX.IO doesn’t provide brokerage services.
Provides Email-based assistance for transactions. CEX.IO is a great choice that enables traders to do cryptocurrency investing even if they’re new.

Traders can benefit from spot trading, commission-free margin trading, crypto staking, earn interest, and the exchange’s mobile app for on-the-go trading.

The platform is known to have lower liquidity than other leading global exchanges.

CEX.IO Key Features and Services

Payment Method

CEX.IO provides a host of payment options for exchanging or investing user funds. Simply put, CEX.IO offers many deposit or withdrawal methods for traders. They have a user-friendly interface that allows the user funds to be converted easily from their bitcoin trading volume or other cryptocurrency exchanges to multiple fiat currencies.

The payment methods for deposits and withdrawals are domestic (ACH, SEPA, FasterPayments) and international (SWIFT) bank transfers, e-wallets (Skrill, Epay), Visa and Mastercards, wire transfers, SEPA transfers, and major cryptocurrencies.

Competing Reinforcements for Cryptocurrency Exchange

CEX.IO offers reasonable trading fees for advanced users. These exchange offers listed are curated with a high-level and high-frequency qualified professional in mind. Users receive occasional special offers through the service CEX.IO administrators.

You can take advantage of the higher deposit and withdrawal fees of 0% for free deposits (SWIFT, Domestic Wire Transfer, Faster Payments, Sepa, Epay) and free withdrawals (ACH transfers, Faster Payments, Sepa).

Affiliate programs

The CEX.IO affiliate program gives users a wide range of opportunities to augment their resources. Individuals or enterprises who become partners for crypto affiliate programs can earn rewards with minimum effort, as one would when they stake crypto. The platform offers unique affiliate links to every user when they sign up. The new user then has to advertise CEX.IO, and they will be paid a 30% commission fee for every successful purchase transaction of their referrals.

There is no upper limit on how much one can earn rewards from, as the more traction on each partner’s affiliate link, the higher the return. The affiliate cookies will be active for a month so that the user gets a total payout on their investment.

CEX.IO Earn

In addition to saving, CEX.IO users can earn rewards upon crypto staking and saving. A reason for users with their top crypto wallets to begin using CEX.IO for all their cryptocurrency trade and transactions. A brief analysis of the CEX.IO Savings and CEX.IO Stakings:

CEX.IO Savings

CEX.IO offers savings accounts with interest rates higher than the interest rates at banks. Traders can earn crypto at about a 12% interest rate per annum on certain cryptocurrencies, which, with all things considered, is more than the average 1% interest rate on savings for the US Dollar.

Traders often conduct fiat-to-crypto transactions to earn interest from the interest rate levied on the exchanges. To achieve the highest return rates, traders seek the CEX.IO Staking option. Traders can earn crypto at about a 4% interest rate for Bitcoin and 6% for Ethereum annually with a CEX.IO savings account.

CEX.IO Staking

As with CEX.IO savings accounts, users can transfer crypto and other assets to their CEX.IO staking account to earn rewards up to 30% with a risk. CEX.IO Staking allows users to hold stakeable assets in their accounts and earn staking rewards. CEX.IO Staking and CEX.IO Saving come with security measures that keep the trading platform on par with other exchanges.

CEX.IO API

Along with the many features mentioned above, CEX.IO allows cryptocurrency traders to utilize free crypto API channels, notably WebSocket (WS), REST API, and FIX API. The CEX.IO API will enable traders to:

  • Trade cryptocurrency around the clock, even offline, with cold storage systems
  • Allow automated crypto trading strategies
  • Receive real-time and historical market data from the cryptocurrency exchange
  • Get notified of your balance and transactions
  • Integrate third-party trading terminals and crypto trading bots for automated trading

Security and Regulation

The stackable crypto exchange platform CEX.IO, during the registration process, abides by robust security verification levels for credit or debit card transactions. During the bank transfer, the user has to register for two-factor authentication: KYC and anti-money laundering (AML) procedure. These security features link CEX.IO-supported countries’ bank transfer guidelines with all due diligence. This, in turn, effectively keeps your account secure.

Security Features of CEX.IO
With the identity verification process, CEX.IO offers users a trading platform that aims at ruling out illicit transactions. It enhances the Bitcoin wallet and bank account safety. To trade cryptocurrencies, CEX.IO offers a Listing and Delisting process to safeguard businesses and users trading cryptocurrencies. The platform administers a regulatory process and a genuine delisting process.

During trading, CEX.IO offers boundless accountability and reporting included in the regulatory approval process. This feature assists traders and warrants user funds. Additionally, the platform contributes to a robust, high-risk administration process. If any malpractices occur, their reserved revenue will be credited to the user as a reserve feature to shield the user from the illicit trading consequence.

The CEX.IO crypto payment method shields user funds with effective security protocols. Their safeguarded nature is designed to have risk warnings from DDoS attacks. Other securities include full data encryption, PCI DSS criteria agreements, two-factor authentication (2FA), crypto exchange, and cold storage systems. Traders can relax knowing CEX.IO will keep their cryptocurrency safe.

CEX.IO operates in select European countries, including Austria, Bulgaria, Cyprus, and more. It caters to traders in the European Union and Economic Area, regulated by the Gibraltar Financial Services Commission. The platform, authorized by FinCEN in the UK and US, ensures secure digital currency trading with PCI DSS certification. Notable security features include 2-factor authentication, cold wallet storage, and compliance controls. Despite competitive fees, CEX.IO offers 100+ cryptocurrencies across 200+ markets, providing various services for users to achieve their crypto goals. CEX.IO was awarded best overall Decentralized Finance (DeFi) Platform in 2023.

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Trading Platform and Tools: Experience

CEX.IO is the most pristine cryptocurrency platform on a global scale. Being one of the most popular crypto exchanges, CEX.IO satisfies crypto investors as a Bitcoin broker and a trading platform combined. It includes an array of supported assets on its CEX.IO offers, and major crypto networks Ethereum (ETH), Bitcoin Cash (BCH), Polkadot (DOT), and Bitcoin exchanges (BTC) are rendered to investors.

It is a user-friendly trading platform that provides analytical advanced trading tools and allows new users and professional or experienced traders to access their accounts for deposits and withdrawals through their debit cards or credit cards. It is also designed for those who want to trade cryptocurrencies, including spot trading and moment margin trading.

From 2019, it has implemented a lucrative offer of commission-free margin trading for those traders who want to pursue margin trading exchanges with CEX.IO offers rendered through CEX.IO Broker. It aids investors and can administer trading CFDs.

Performance of CEX.IO Mobile App

CEX.IO Mobile App

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CEX.IO offers users its homegrown performance app, the CEX.IO mobile application. The app is a huge asset for experienced crypto traders to administer deposits and withdrawals on the go from any corner of the world from their bank account. CEX.IO has mobile apps available for both iOS and Android. The CEX.IO app aims to have an accessible passageway for fintech users to execute crypto funds or fiat currencies without hassle.

The trading history presented allows tracking of the users’ crypto records. The whole portfolio of the CEX.IO group is accessible on the mobile platform. With the app, traders can easily profit from stackable crypto tokens in their respective accounts.

Features of CEX.IO App
Adding to the practical core benefits, the performance app by the Bitcoin exchange platform CEX.IO offers notifications for orders activated, price alerts for market price changes, consumer support, and security notices with full data encryption. Traders also enjoy the benefits of exchanging with currency pairs on the mobile application.

Account Types

Basic Account: is ideal for beginners, providing access to essential features with lower limits.
Verified Account: unlocks higher limits and full trading functionality
Verified Plus Account: is perfect for advanced traders with increased limits and priority support.
Corporate Account: offers tailored solutions, unlimited limits, and dedicated account management. These options ensure flexibility for all levels of crypto traders.

Account opening process

Registration Process @CEX.IO

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Filing details and contact information are required information to commence your trading venture. The account verification process for fund deposits and withdrawing crypto is seamless with the platform offered and administered by CEX.IO.

Primarily, investors need to fill in the name of their CEX.IO-supported nations’ details and email details and submit a proof of identity document to curate a personalized password.

The second stage is to read and review the Privacy Policy and Terms of Use sanctioned and authorized by the platform. After that, an account can be generated.

After this personal account generation is complete, the investors need to authorize the email address and verify their email account, thereby leading them to access CEX.IO offers.

Cryptocurrencies Available on Crypto CEX.IO

BTC, USDT, BCH, LTC, DASH, ETH, SHIB, ATOM, ADA, TRX & more. & 20 more

Exchange Commission and Fees

The CEX.IO fee structure for debit and credit and deposit and withdrawal fees have a different valuation for the Greater Britain marketplace. These include transaction fees, among other fees available to the users. Faster payment options are available to British consumers for GBP deposits and withdrawals. Let’s take a look at the different trading fees CEX.IO offers to buy Bitcoin, Basic Attention Token (BAT), and other cryptocurrencies:

For VISA, the Deposit fees are 2.99% in USD and GBP. VISA card withdrawal fees are up to 3% + $ 1.20, and the commission charge is up to $ 3.80.

For Mastercard, the CEX.IO trading fees during deposits are 2.99% in USD and GBP currency. Regarding Mastercard withdrawals, the service charge is up to 1.8% + $ 1.20. For commission, the CEX.IO fees for Mastercard are up to 1.2% + $3.80.

The CEX.IO fee structure for digital currencies: Bitcoin CEX.IO fees for user withdrawal is 0.0005%, and Binance USD (BUSD) is 40%. DASH, Litecoin, and (ETH) all three share the same CEX.IO fee structure for user withdrawal. For the cryptocurrency exchange Uniswap (UNI), the transaction tariff for user withdrawal is 1%, SushiSwap (SUSHI) is at 2.5%, and Polkadot (DOT) is at 0.1%.

However, check the below Maker and Taker fees table to know about the Transaction charges based on your 30-day trade volume for all trading pairs:-

Trade Volume 30d, USD | Maker Taker Model Taker Maker
≤ 10,000 0.25% 0.15%
≤ 100,000 0.23% 0.13%
≤ 500,000 0.19% 0.09%
≤ 1,000,000 0.17% 0.07%
≤ 2,500,000 0.15% 0.05%
≤ 5,000,000 0.13% 0.03%
≤ 10,000,000 0.11% 0.01%
≤ 20,000,000 0.10% 0.00%
≤ 50,000,000 0.08% 0.00%
≤ 100,000,000 0.07% 0.00%
≤ 200,000,000 0.06% 0.00%
≤ 500,000,000 0.05% 0.00%
≤ 1,000,000,000 0.04% 0.00%
≤ 2,000,000,000 0.03% 0.00%
≤ 5,000,000,000 0.02% 0.00%
> 5,000,000,000 0.01% 0.00%

With these trading volume pairs covered, let’s look at the services offered by CEX.IO.

Customer Support

CEX.IO offers customer support via their accommodating support team through the user’s basic account at any time, when they buy and sell cryptocurrency, when traders seek the services of an independent financial advisor through the CEX.IO mobile app, and while users can trade some of the most popular cryptocurrencies or during margin trading activities.

Professional and experienced traders can contact CEX.IO customer support through calls, the software app, or email. Educated financial decisions are to be taken from their research properly, assistance from financial advisors, and the current market situation.

 Research and Educational Resources

CEX.IO offers a range of educational resources through its blog, including detailed guides on crypto trading, market analysis, and blockchain technology. The platform features analytical tools such as price charts, technical indicators, and market insights to help users make informed decisions. The blog also covers trends, tips, and trading strategies.

History of CEX.IO

History of CEX.IO
The humble origins of CEX.IO took place in 2013 when it was listed for the first time in the United Kingdom of Britain. At the onset, CEX.IO, the cryptocurrency exchange platform’s trading past, was known to orchestrate trading cloud mining pursuits of the Gash.IO mining pool and further went on to adopt the Bitcoin cryptocurrency and be a secure Bitcoin cloud mining provider.

CEX.IO, at its inception into the fintech realm, was branded as an aid for cloud mining operations pursuits, a gateway to mining pool potential, and a Blockchain mining tool for the crypto coin BTC.

A year into the trustworthy cryptocurrency exchange platforms’ trading past, CEX.IO in 2014 linked the accessibility of crypto exchange purchasing crypto with a user’s debit or credit card purchases and processing services. Adding onto their lucrative client offerings, in 2015, CEX.IO launched its homegrown, conceptualized, usable mobile app.

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In 2016, adding available products and crypto services to their kitty, CEX.IO administered the authority for more advanced users to credit their crypto tokens directly to their fiscal credit or debit card. This allowed an easy trade to convertible cryptocurrency exchanges into fiat money. CEX.IO was the leading fintech platform to orchestrate this payment mode for their clients.

In 2018, a remarkable development took place. CEX.IO, one of the important members of the crypto association, launched CryptoUK. The ideology for bringing CryptoUK to the frontiers was to bridge the gap between the governmental authorities. Thereby, with its EU regulatory compliance framework, it orchestrates a government-authorized blueprint for cryptocurrency exchange firms that want to grow their base in the UK marketplace.

CEX.IO is also noted as one of the leading UK-based crypto exchanges today.

Branching out to new CEX.IO-supported countries, in 2019, CEX.IO launched its market base into the territories of the US. With the aid of the US-authorized operatives, they were further able to join an alliance with major operating services to accelerate their offering to other countries worldwide.

Mission of CEX.IO

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On a more current account, CEX.IO continues to be a powerhouse for its clients. It presently allows clients of the CEX.IO platform to conduct smooth crypto staking with up to 23% staking rewards per their crypto holdings. Regarding investment or all the buying options, it is a potential source of passive income when you store specific coins in your account.

Along with its great crypto staking program, the cryptocurrency exchange platform has an instant add-to peculiarity titled Instant Sell. Building on their profitable services, CEX.IO works with reliable payment currency providers to permit crypto exchanges into a fiat currency with easy accessibility through the homegrown exchange device application or the website.

List of Services Offered by CEX.IO

CEX Direct

CEX Direct for Advanced Customers
The portfolio CEX.IO offers is ‘CEX Direct’ for advanced traders. Money service businesses can give investors a smooth admittance to the extensive verification process, trading crypto, payment options, deposits, Bitcoin, and gold withdrawals of funds than other exchanges.

CEX Loan

If you are a user starting in the crypto industry for the first time, CEX.io will be a good fit for you. The reason is CEX.IO is now offering crypto-backed loans. They accept various deposits, and multiple digital assets can be collateralized. Be aware of the risk of processing crypto-backed loans, especially in case of defaults.

They also warn about the volatility of the crypto prices, which might lead to a drop in the value of the crypto assets, which may further lead to their complete liquidation. Also, if there is a shutdown or crash of the CEX.io platform, the borrowers will not be able to complete the crypto loan processes or access their personal accounts.

CEX.IO Exchange Plus

In addition to users being able to deposit and withdraw money quickly with the help of cards, bank transfers, and wire transfers, users can now leverage the power to trade on CEX.IO on the go. With the introduction of the Exchange Plus platform, CEX.IO enables individuals to trade with 200+ crypto-to-fiat and fiat-to-crypto pairs in addition to the security measures CEX.IO provides to the users.

A seamless trading experience to buy and sell crypto assets that are adaptive to the needs and requirements of CEX.IO users across supported devices, such as:

  • Smartphones
  • Laptops
  • Tablets

Traders can add new tools to improve the trading experience more than other exchanges and their industry standards. The Exchange Plus web terminal that the CEX.IO showcases for traders is built to deliver smooth and suitable crypto trading at any time, anywhere. Although the CEX.IO Exchange Plus web terminal is not currently available in the US, it may change this status soon.

Buying Limits of CEX.IO

Regarding fiat currency, the user can opt for varied deposit types from the account tier. Each account has different withdrawal limits. Starting with the basic accounts in the identity tier, users can deposit fiat funds of $3,000.00 on a daily account. Whereas the daily withdrawal limit is $10,000.00.

On a slightly advanced tier known as the High-risk two-factor, users on a daily account can deposit fiat currencies of $10,000.00, and the daily withdrawal limit in this tier is 10,000.00.

The third tier, ‘Enhanced,’ helps advanced users leverage at a momentous exchange rate regarding their deposits and withdrawals. Users can deposit unlimited funds, and the daily withdrawal has no limitations for other leading exchanges on their daily account balance in the enhanced tier.

The last selection is the fourth tier, titled ‘Corporate.’ This tier has limited withdrawals and deposits to trade crypto and other exchanges.

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Daily, both credit card and debit card users of Visa and Mastercard, the most prominently used ones, can deposit funds from $20 to an unlimited amount. Regarding the withdrawal limits for Visa and Mastercard debit and credit card users, they can withdraw from $20.00 to $50,000.00 (VISA) and $20.00 — $2,500.00 funds (Mastercard). Deposits can be subjected to a service fee depending on the deposit amount.

These point out how much crypto traders can buy crypto. But there are limits to buying crypto; let’s look at them.

The Limits for Cryptocurrency Exchanges Administered by CEX.IO 

Some of the most popular crypto exchanges have certain restrictions when traders buy or sell crypto. The following limit orders are some deposit and withdrawal limits they entitle to the users.

  • The limitations for Binance USD (BUSD) are 1% for deposit funds and 4% for withdrawals.
  • For Bitcoin (BTC), the deposit funds limits are 0.0001% and 0.002% for withdrawals to buy and sell Bitcoin.
  • Dash (DASH), the deposit funds limits are 0.0001% and 0.1% for withdrawals.
  • For Ethereum (ETH), the deposit funds limits are 0.001 and 0.02% for withdrawals.
  • For Polkadot (DOT), the deposit funds limits and withdrawals are 1% each.
  • For SushiSwap (SWAP), the deposit funds limits are 2% and 3% restriction for withdrawals.
  • The deposit funds limits for Uniswap (UNI) are 0.02% and 1.5%, respectively.

CEX.IO Review: Our Conclusion

CEX.IO comes across as the most trusted platform in the market today. The user-friendly trading platform CEX.IO reviews have been positive. Mainly, the Trustpilot reviews have been illustrated by business owners, verified accounts, and an array of experienced traders, labeling the platform a good choice with a good reputation.

The bottom line is that this platform is leveraged for crypto traders as it provides excellent security for all their CEX.IO-supported countries and imposes very economical CEX.IO Fees.

However, we can also conclude with a final verdict that CEX.IO is among the best crypto exchanges. Their mobile app gives the user the ability to check on their funds on a minute-to-minute basis, making the platform a great medium to buy cryptocurrency instantly, sell cryptocurrency, trade crypto, and orchestrate more payment methods according to the market.

This review has all the information you need to start trading with CEX.IO today; don’t miss out on the many features the best crypto exchange offers. A good fit for new and experienced traders alike!

FAQs on CEX.IO Crypto Exchange

Is CEX.IO Safe?

The CEX.IO Crypto Exchange is exceptionally safe, controlled, and authorized to trade crypto with 100+ supported coins, including Bitcoin, Ethereum, USD Coin, and other popular coins. The exchange is registered with the Financial Crimes Enforcement Network (FinCEN) of the USA as a Money Services Business, stamping its authority and security for crypto trading.

In the United Kingdom, they applied for a license in 2020, and the Financial Conduct Authority (FCA) has granted them a temporary license for conducting business in digital assets.

The Company also protects users with a level two DSS certificate. This indicates that the site is reliable in securely processing payment card data. CEX.IO ensures your crypto is safe with the necessary steps taken and legal requirements carried out in order.

Is CEX.IO Regulated?

Yes, CEX.IO is a regulated global cryptocurrency exchange platform, attaining licenses to carry out smooth crypto trading with digital assets.

Is CEX.IO a Wallet?

CEX.IO offers crypto trading investors much more than administering a crypto wallet to its users. While the cryptocurrency exchange is the leading precedent of the trading platform, it also enhances the investor’s security within its digital CEX.IO wallet operation. Actioning a double authentication from the users accelerates the safety of the user’s funds even more.

How Much Does CEX.IO Charge for Withdrawal?

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CEX.IO charges different withdrawal fees based on the withdrawal method chosen. Visa and MasterCard withdrawals are charged between 1,2% and 3% + $1,20 to $3,80, and bank wire transfers 0,3% + $25, Skrill 1% + $3, PayPal 1% +$5, and other payment methods variable fees between 1% and $10.

How Long Does CEX.IO Identity Verification Process Take?

The identity verification process of CEX.IO can take 1 to 24 hours with proof of identity, such as an ID card. The user is then notified upon the verification provided.

Does CEX.IO Require SSN?

Yes, if you are a US resident, you must provide your Social Security Number (SSN) as per the issued identity document for submitting your identity verification application.

How Long Does a CEX.IO Withdrawal Take?

Withdrawal requests are processed within 24 hours on business days. After our Finance team processes the payment, reaching your bank account will take some time (depending on your bank processing rules).

How Do I Deposit Money Into CEX.IO?

To benefit from the CEX.IO offers and administer any bank transfer that comes through the website, the user needs to fill in their personal details on the Finance sub-page. After filling out that form, the user needs to agree to the deposit button on the Finance page. In the third functionality, the traders register the deposit funds and add the CEX.IO-supported nations’ fiat currency valuation.

After this basic procedure, the user must register for the QWI payment method. The last process for depositing funds is completed after the user has registered their contact number with the CEX.IO-supported countries code. Then the account is registered by clicking the Proceed request operation.

Can I Use CEX.IO in the USA?

Yes, crypto investors based in the USA can avail of CEX.IO offers in 28 verified states. The brokerage service trading platform is planning its expansion to the remaining states.

Is CEX.IO Legit?

Yes, CEX.IO is a legitimate cryptocurrency exchange platform. It has been operating since 2013 and is registered with FinCEN in the United States. Additionally, it complies with KYC/AML regulations, providing a secure environment for trading digital assets.

Is CEX.IO Better Than Coinbase?

As per our quest to find the best crypto exchange, Coinbase has a better user experience than CEX.IO, but that does not mean one can not opt for CEX.IO. It also has many unique features that everyone should start exploring