Introduction
CEX.IO stands as one of the top-tier cryptocurrency exchanges, renowned for its security and diverse trading options. With 169 coins and 400 trading pairs, it caters to both novice and experienced traders. This review delves into its features, fees, safety measures, and more.
Key Features at a Glance
| Overview | Details |
|---|---|
| 24H Volume | $0 |
| Founded | 2013 |
| Headquarters | London, UK |
| Regulation | FinCEN |
| Supported Fiat | Yes |
| Mobile App | iOS & Android |
π Discover how CEX.IO compares to other top exchanges
Trading Options
Spot Trading
- Place limit and market orders effortlessly.
- Pairs: BTC/USD, ETH/BTC, and more.
Futures Trading
- Trade based on the future price of hashing power (GHS).
Margin Trading
- Leverage ratios: 1:2 or 1:3.
- Available pairs include BTC/USD and ETH/BTC.
Fees & Deposits
| Transaction Type | Fee Structure |
|---|---|
| Crypto Deposits | Varies by coin |
| Fiat Deposits | Free via bank transfer |
| Trading Fees | 0.16%β0.25% (volume-based) |
Safety Measures
Cold Storage
- Daily reconciliation moves funds to offline wallets.
- Protects user assets from hot wallet breaches.
Two-Factor Authentication (2FA)
- Mandatory for withdrawals and logins.
CER Cyber Security Score
- 6.45/10 β Robust application and domain security.
π Learn why CEX.IOβs cold storage is a game-changer
FAQ Section
1. Is CEX.IO available in the U.S.?
Yes, U.S. citizens can trade on CEX.IO.
2. What documents are needed for verification?
- Passport/ID
- Bank statement
- Utility bill
3. Does CEX.IO support external wallets?
Yes, third-party wallets are supported.
4. Can I short-sell on CEX.IO?
Yes, long and short positions are available.
Final Verdict
CEX.IO excels with its regulation, security protocols, and diverse trading options. While its coin selection is modest, its reliability makes it a strong choice for traders worldwide.