CEX.io 2022 Review - Proven #Crypto Exchange - 3 minutes read
Do you want to buy cryptocurrency but don't want to spend all day looking for the right #cryptocurrency exchange? Or perhaps you're a disgruntled cryptocurrency trader seeking for a new trading platform? In any case, we've got your back!
In today's article, we'll introduce you to one of the UK's oldest crypto trading platforms, with a flawless track record. CEX.io, which was once solely a #Bitcoin exchange, has since rebranded as a multipurpose altcoin exchange where customers can buy and sell tokens at incredible market values.
We'll walk through the platform's history, the coins and payment methods it accepts, its fee schedule, unique trading features, security procedures, and customer care team, as well as compare its performance to two well-known #crypto exchanges. Let's get this party started!
About CEX.io
CEX.io began in 2013, when the platform was established in London, United Kingdom. The corporation expanded its operations in the following years, opening offices in Ireland, Ukraine, the United States, Cyprus, and Gibraltar.
Before rebranding to a multi-asset brokerage and trading platform in 2015, the platform served as a cloud mining service and a Bitcoin-only exchange for the first two years. CEX.io later expanded its services to include foreign clientele. There are approximately 75,0000 active registered users at this time.
CEX.io is a Money Services Business that is regulated by FinCEN, the UK's primary financial authority. #CryptoUK, a non-profit organization aimed at fostering communication and understanding between crypto exchanges and regulatory authorities, is also a co-founder of the exchange. CryptoUK believes that this will assist the government in developing a regulatory framework that meets the needs of all parties concerned.
Buy Bitcoin and Other Cryptocurrencies
CEX.io allows you to trade 66 different cryptocurrencies, including some of the most popular as well as some with lesser liquidity.
Furthermore, you can use a Visa or Mastercard to buy Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), Stellar (XLM), and DASH, and pay in USD, EUR, GBP, or RUB (depending on the asset in question).
CEX.io offers two ways of purchasing cryptocurrencies: through its brokerage service or on its trading platform.
Summing It Up
So far, how do you enjoy CEX.io? This UK exchange, as noted in our guide, has two user interfaces: a brokerage service with a high-liquidity order book and a more advanced trading platform for the more adventurous and experienced traders.
While CEX.io isn't your standard altcoin exchange, it does support the most popular crypto assets. CEX.io also provides a fiat gateway for deposits in USD, EUR, GBP, and RUB. You can also quickly withdraw your funds to a credit card or a bank account.
Furthermore, CEX.io includes several unique features that other platforms lack, such as the ability to make passive income by staking crypto assets or borrowing fiat money with crypto as collateral. It offers a useful mobile app and a responsive customer service team. However, we'd like to emphasize that CEX.io's premium services come with a heavy price tag.