CEX.IO

CEX.IO Exchange Review

Centralized

CEX.IO Overview

  • CEX.IO, founded in 2013, is a cryptocurrency exchange and was the first cloud mining provider in the world. This was when CEX.IO was connected to the Bitcoin mining pool provided by GHash.IO, a well-known mining pool that officially closed in October 2016. A review of CEX.IO reveals that this connection allowed them to offer both cloud mining and trading. This provided a convenient means for miners to sell the Bitcoins that were mined as part of the GHash.IO mining pool.

    Today the team behind GHash.IO seems to purely help with the development of enterprise mining solutions and custom-built pools under the same name. This while CEX.IO offers cryptocurrency trading via 27+ active markets and various currency pairs, including fiat-to-crypto and crypto-to-crypto currency pairs. The cryptocurrencies offered include Bitcoin, Ethereum, XRP, Stellar, Bitcoin Cash, Litecoin, Zcash, Bitcoin Gold, Zcash, Dash and the Gemini Dollar – the first regulated stablecoin to surface.

    A CEX.IO exchange review reveals that this digital asset exchange allows for the instant purchase of the above-mentioned cryptocurrencies or digital assets in USD by using a credit card (Visa or MasterCard). They also offer other payment options, including bank transfers via SWIFT and the Single Euro Payments Area (SEPA). Payment in cryptocurrency is also offered as an option. In addition, their services (margin trading, etc.) seem to be available in most countries, including no less than 24 states in the United States.

    KYC was at some stage not a requirement at CEX.IO, but that changed. CEX.IO also seems to take security very seriously with strong security against DDoS attacks. They also seem to make use of full data encryption and comply with PCI DSS standards (although the certificate of compliance available at the time of writing has already expired).

    CEX.IO Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      209.714 BTC

      • CEX.IO Total Trading Pairs

        89

        • CEX.IO Margin Trading

          Yes

          • CEX.IO Deposit Fees

            Free, unless using visa/mastercard, then 2.99%

            • CEX.IO Trading Fees

              Full list of trading fees here

              • CEX.IO Fiat Deposit

                Yes

                • Accepted Payment Methods

                  Crypto to Crypto, Crypto to FIAT

                  • CEX.IO Native Token

                    No

                    • Native Token Smart Contract

                      N/A

                      • CEX.IO Trading Markets
                        • CEX.IO Stablecoins Trading

                          N/A

                          CEX.IO Markets Data

                          Market Price Volume (24h) Change (24h) Last update
                          ADA/EUR € 0.1184 ADA 3,140,108.9

                          € 0.00033

                          0.28%

                          2020-08-04 08:32:39
                          ADA/GBP £ 0.1067 ADA 2,237,031.5

                          £ 0.00026

                          0.25%

                          2020-08-04 08:32:43
                          ADA/USD $ 0.1393 ADA 3,564,981.9

                          $ 0.00059

                          0.42%

                          2020-08-04 08:32:46
                          ADA/USDT ₮ 0.1386 ADA 1,476,995.5

                          ₮ 0.0024

                          1.74%

                          2020-08-04 08:32:58
                          ATOM/EUR € 3.35 ATOM 798.57

                          € 0.043

                          1.32%

                          2020-08-03 22:04:04
                          ATOM/USD $ 3.98 ATOM 1,585.64

                          $ 0.018

                          0.45%

                          2020-08-04 08:19:52
                          ATOM/USDT ₮ 3.65 ATOM 579.57

                          ₮ 0.0

                          0.00%

                          2020-07-27 23:19:36
                          BAT/GBP £ 0.1858 BAT 514.94

                          £ 0.0

                          0.00%

                          2020-07-27 17:06:44
                          BAT/USD $ 0.2576 BAT 7,393.22

                          $ 0.010

                          4.11%

                          2020-08-04 08:30:47
                          BAT/USDT ₮ 0.2540 BAT 8,299.31

                          ₮ 0.0017

                          0.67%

                          2020-07-27 22:29:09
                          BCH/BTC Ƀ 0.02628 BCH 25.38

                          Ƀ 0.00042

                          1.63%

                          2020-08-04 08:13:28
                          BCH/EUR € 257.00 BCH 17.00

                          € 15.12

                          6.25%

                          2020-08-04 00:49:33
                          BCH/GBP £ 266.26 BCH 0

                          £ 0.0

                          0.00%

                          2020-08-02 14:11:45
                          BCH/USD $ 292.81 BCH 237.02

                          $ 3.08

                          1.06%

                          2020-08-04 07:04:17
                          BCH/USDT ₮ 296.92 BCH 817.72

                          ₮ 6.95

                          2.40%

                          2020-08-04 08:32:45
                          BTC/EUR € 9,609.80 Ƀ 42.78

                          € 83.50

                          0.88%

                          2020-08-04 08:24:35
                          BTC/GBP £ 8,708.80 Ƀ 64.06

                          £ 133.40

                          1.56%

                          2020-08-04 08:32:39
                          BTC/RUB ₽ 829,000.6 Ƀ 84.67

                          ₽ 532.30

                          0.06%

                          2020-08-04 08:32:38
                          BTC/USD $ 11,324.3 Ƀ 201.49

                          $ 127.20

                          1.14%

                          2020-08-04 08:32:26
                          BTC/USDC USDC 11,181.9 Ƀ 0.1518

                          USDC 153.60

                          1.39%

                          2020-08-03 22:56:12
                          BTC/USDT ₮ 11,303.0 Ƀ 28.34

                          ₮ 124.60

                          1.11%

                          2020-08-04 08:32:41
                          BTG/BTC Ƀ 0.0009340 BTG 43.04

                          Ƀ 0.000010

                          1.08%

                          2020-08-04 06:11:18
                          BTG/EUR € 9.37 BTG 32.18

                          € 0.96

                          11.42%

                          2020-08-04 05:33:20
                          BTG/USD $ 10.58 BTG 831.19

                          $ 0.37

                          3.59%

                          2020-08-04 02:33:16
                          BTT/BTC Ƀ 0.00000004 BTT 694,596.2

                          Ƀ 1.0e-8

                          33.33%

                          2020-08-03 21:23:09
                          BTT/EUR € 0.0003589 BTT 157,137.0

                          € 0.000025

                          7.62%

                          2020-08-03 19:45:02
                          BTT/USD $ 0.0003882 BTT 7,440,181.2

                          $ -0.000022

                          -5.29%

                          2020-08-04 03:28:00
                          DASH/BTC Ƀ 0.007940 DASH 26.50

                          Ƀ 0.00015

                          1.99%

                          2020-08-03 23:00:20
                          DASH/EUR € 73.97 DASH 3.43

                          € -1.04

                          -1.38%

                          2020-08-03 22:14:07
                          DASH/USD $ 87.21 DASH 64.76

                          $ 0.70

                          0.81%

                          2020-08-04 06:37:31
                          ETH/BTC Ƀ 0.03500 Ξ 192.27

                          Ƀ 0.00080

                          2.35%

                          2020-08-04 08:31:40
                          ETH/EUR € 336.42 Ξ 2,997.03

                          € 11.35

                          3.49%

                          2020-08-04 08:24:35
                          ETH/GBP £ 304.90 Ξ 1,284.74

                          £ 12.51

                          4.28%

                          2020-08-04 08:32:40
                          ETH/USD $ 395.72 Ξ 8,557.85

                          $ 12.31

                          3.21%

                          2020-08-04 08:24:31
                          ETH/USDT ₮ 396.54 Ξ 1,177.05

                          ₮ 14.82

                          3.88%

                          2020-08-04 08:32:39
                          GAS/EUR € 1.43 GAS 0

                          € 0.0

                          0.00%

                          2020-08-02 14:43:07
                          GAS/USD $ 1.70 GAS 957.00

                          $ 0.045

                          2.73%

                          2020-08-04 08:08:36
                          GAS/USDT ₮ 1.74 GAS 0

                          ₮ 0.0

                          0.00%

                          2020-08-02 04:39:48
                          GUSD/USD $ 1.00 GUSD 0

                          $ 0.0

                          0.00%

                          2020-08-01 17:38:45
                          HOLO/USD $ 0.0008100 HOLO 2,599,877.9

                          $ 0.0000010

                          0.12%

                          2020-07-29 18:42:19
                          LINK/EUR € 7.99 LINK 1,575.18

                          € 1.04

                          14.96%

                          2020-08-04 08:12:50
                          LINK/GBP £ 5.64 LINK 196.86

                          £ -0.35

                          -5.81%

                          2020-07-28 07:08:27
                          LINK/USD $ 9.44 LINK 8,779.08

                          $ 0.94

                          11.05%

                          2020-08-04 08:26:39
                          LINK/USDT ₮ 8.41 LINK 951.03

                          ₮ 0.0

                          0.00%

                          2020-08-02 08:20:36
                          LTC/BTC Ƀ 0.005148 Ł 86.72

                          Ƀ 0.0000041

                          0.08%

                          2020-08-04 07:25:53
                          LTC/EUR € 49.79 Ł 4,485.17

                          € 0.75

                          1.52%

                          2020-08-04 08:32:36
                          LTC/GBP £ 44.95 Ł 4,496.47

                          £ 0.79

                          1.79%

                          2020-08-04 08:32:40
                          LTC/USD $ 58.52 Ł 6,773.78

                          $ 0.85

                          1.48%

                          2020-08-04 08:32:30
                          LTC/USDT ₮ 58.37 Ł 4,525.62

                          ₮ 0.73

                          1.27%

                          2020-08-04 08:32:54
                          MATIC/EUR € 0.01757 MATIC 258,284.2

                          € 0.00021

                          1.21%

                          2020-08-04 05:01:25
                          MATIC/USD $ 0.02029 MATIC 330,310.0

                          $ -0.00064

                          -3.06%

                          2020-07-27 21:22:19
                          MHC/BTC Ƀ 0.00000044 MHC 83,002.9

                          Ƀ 5.0e-8

                          12.82%

                          2020-08-03 19:36:58
                          MHC/ETH Ξ 0.00001742 MHC 0

                          Ξ 0.0

                          0.00%

                          2020-08-02 16:24:14
                          MHC/EUR € 0.004000 MHC 736,274.1

                          € -0.00010

                          -2.44%

                          2020-08-04 08:20:42
                          MHC/GBP £ 0.003900 MHC 10,519.3

                          £ 0.00040

                          11.43%

                          2020-08-03 21:12:58
                          MHC/USD $ 0.004700 MHC 1,331,905.8

                          $ -0.00010

                          -2.08%

                          2020-08-04 07:55:39
                          NEO/EUR € 10.84 NEO 421.48

                          € 0.19

                          1.82%

                          2020-08-04 00:49:56
                          NEO/USD $ 12.61 NEO 846.51

                          $ 0.0081

                          0.06%

                          2020-08-04 08:18:47
                          NEO/USDT ₮ 10.85 NEO 153.27

                          ₮ -0.96

                          -8.14%

                          2020-07-27 14:04:00
                          ONGAS/BTC Ƀ 0.00001612 ONGAS 894.19

                          Ƀ 9.3e-7

                          6.12%

                          2020-08-04 06:11:19
                          ONGAS/EUR € 0.1520 ONGAS 644.19

                          € 0.0013

                          0.86%

                          2020-08-03 11:27:23
                          ONGAS/USD $ 0.1734 ONGAS 10,419.1

                          $ -0.0035

                          -2.01%

                          2020-08-03 20:21:30
                          ONGAS/USDT ₮ 0.1651 ONGAS 4,307.32

                          ₮ 0.0

                          0.00%

                          2020-08-02 04:51:30
                          ONT/BTC Ƀ 0.00005613 ONT 182.82

                          Ƀ 3.0e-8

                          0.05%

                          2020-08-03 13:17:26
                          ONT/EUR € 0.5750 ONT 0

                          € 0.0

                          0.00%

                          2020-08-02 04:42:42
                          ONT/USD $ 0.7000 ONT 1,938.98

                          $ -0.035

                          -4.71%

                          2020-08-03 23:55:07
                          ONT/USDT ₮ 0.6951 ONT 1,206.30

                          ₮ -0.0075

                          -1.07%

                          2020-08-02 05:37:04
                          TRX/BTC Ƀ 0.00000180 TRX 208,393.4

                          Ƀ 7.0e-8

                          4.05%

                          2020-08-04 08:32:18
                          TRX/EUR € 0.01730 TRX 119,682.7

                          € 0.00090

                          5.49%

                          2020-08-04 08:27:06
                          TRX/USD $ 0.02045 TRX 641,069.3

                          $ 0.00095

                          4.85%

                          2020-08-04 08:32:23
                          USDC/USD $ 1.00 USDC 2,062.96

                          $ -0.0020

                          -0.20%

                          2020-08-04 02:47:50
                          USDC/USDT ₮ 0.9972 USDC 0

                          ₮ 0.0

                          0.00%

                          2020-07-31 18:19:30
                          USDT/EUR € 0.8511 ₮ 327,780.0

                          € -0.00010

                          -0.01%

                          2020-08-04 08:32:52
                          USDT/GBP £ 0.7812 ₮ 5,399.85

                          £ 0.014

                          1.80%

                          2020-07-27 21:57:36
                          USDT/USD $ 1.00 ₮ 627,628.4

                          $ 0.00050

                          0.05%

                          2020-08-04 08:32:47
                          WABI/USD $ 0.1168 WABI 7,984.88

                          $ -0.0059

                          -4.83%

                          2020-08-04 00:51:48
                          XLM/BTC Ƀ 0.00000963 XLM 87,238.4

                          Ƀ 2.6e-7

                          2.77%

                          2020-08-04 08:06:14
                          XLM/EUR € 0.09304 XLM 4,086.47

                          € 0.0065

                          7.49%

                          2020-08-03 20:28:32
                          XLM/USD $ 0.1090 XLM 465,089.7

                          $ 0.0035

                          3.28%

                          2020-08-04 08:00:36
                          XRP/BTC Ƀ 0.00002767 XRP 121,077.7

                          Ƀ 9.4e-7

                          3.52%

                          2020-08-04 08:23:14
                          XRP/EUR € 0.2656 XRP 1,088,271.5

                          € 0.011

                          4.40%

                          2020-08-04 08:24:35
                          XRP/GBP £ 0.2407 XRP 1,006,868.7

                          £ 0.012

                          5.26%

                          2020-08-04 08:32:41
                          XRP/USD $ 0.3134 XRP 2,507,191.1

                          $ 0.014

                          4.70%

                          2020-08-04 08:24:35
                          XRP/USDT ₮ 0.3124 XRP 371,554.9

                          ₮ 0.013

                          4.30%

                          2020-08-04 08:32:45
                          XTZ/EUR € 2.75 XTZ 5,250.68

                          € 0.21

                          8.09%

                          2020-08-04 07:22:41
                          XTZ/GBP £ 2.45 XTZ 1,892.35

                          £ 0.16

                          7.18%

                          2020-08-04 07:30:37
                          XTZ/USD $ 3.20 XTZ 10,242.0

                          $ 0.23

                          7.65%

                          2020-08-04 08:30:17
                          XTZ/USDT ₮ 2.87 XTZ 856.65

                          ₮ 0.025

                          0.89%

                          2020-07-27 22:34:16
                          ZRX/USD $ 0.3770 ZRX 18,612.3

                          $ -0.015

                          -3.84%

                          2020-07-28 15:00:50

                          CEX.IO Withdrawals

                          • Daily Withdrawal Limit

                            Basic: USD $1,000 daily, $3,000 monthly. All other: umlimited

                            • CEX.IO Withdrawal Fees

                              Full list of withdrawal fees here

                              • CEX.IO Withdrawal Fees Discount

                                N/A

                                • Proof of Reserves

                                  N/A

                                  CEX.IO Exchange Rating Analysis

                                  Last edit 11.09.2019

                                  • CEX.io is a crypto exchange whose main source of income is its credit card-enabled purchases of crypto, although many users will find their fees and rates extremely high - at times up to 10% premium over market standard - and will prefer alternatives such as Coinbase, should it be available to them.

                                    The exchange has been operating since 2013, and has not suffered a hack until today, which is not something all veteran crypto exchanges can say about themselves. However, CEX has received many negative reviews over time, with most user citing the exchange's unwillingness to enable fiat withdrawals, with many users reporting they are not able to recieve their money and the exchange does not seem to cooperate.

                                    Users who do choose to trade on the platform will find it allows for margin trading in four of its largest pairs and significant organic volume in the large pairs' spot trading. The exchange enables the user to employ many security techniques and layers to protect their funds and their account, although it is not clear how the exchange chooses to manage its funds - whether they are stored in cold storage or in proprietary software wallets. The CEX team is known and relatively public, appearing in LinkedIn searches but not on the exchange's website, and many of them are experienced in the field of blockchain technology.

                                    To conclude, CEX provides a smooth and attractive spot trading engine, but suffers from community accusations of being dishonest at times. It is important to note that many of these accusations might be from a lack of communication between the exchange and its customers, and we are not hearing the reports of dozens of other users who have used the exchange with no fund problems whatsoever, which we know to be true provided the significant trading volume on CEX.

                                    CEX.IO Exchange KYC and AML

                                    • CEX.IO Exchange KYC and AML

                                      ID/Passport Proof of Address Selfie with a document

                                      • CEX.IO AML Policy

                                        AML Policylink

                                        CEX.IO Exchange Additional Information