CEX.io is among the oldest Bitcoin exchanges which provide both trading and brokerage services for Bitcoin (BTC), Ethereum (ETH) and other cryptocurrencies. CEX.IO started in 2013 in London and is registered with the Financial Crimes Enforcement Network (FinCEN). CEX.IO allows its users to buy digital currencies using their credit card, a wire transfer, and a SEPA transfer. A user can buy cryptocurrencies through two ways – via the trading platform or CEX.IO brokerage service. The brokerage transactions in CEX.IO are based on the Fill or Kill orders also known as FOK. FOK orders are executed immediately and in full. This is different from the process of placing orders in the trading platform as it offers different results for different orders. The brokerage service of CEX.IO is a simplified way for beginners to start with buying cryptocurrencies as they don’t have to go through the complete course about trading. The only downside is that CEX.IO charges its customers high for the services. The fee charged for using the trading platform is remarkably low. The platform is advanced, and it provides all the essential features needed by its users. The user interface of CEX.IO is very intuitive, and even a beginner can trade through it.
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