CEX.IO Exchange Review

  • 24h Trading Volume

    389.555 BTC
  • Establish date

  • Headquater

    United Kingdom

CEX.IO Exchange Review

  • CEX.IO Withdraw

    Full list of withdrawal fees here

  • CEX.IO Deposit fees

  • Fiat Deposit

  • Accepted Payment Method

    Crypto to Crypto, Crypto to FIAT
  • Native Token

  • Margin Trading

  • Download Clients

    • Download client
    • Download client

CEX.IO Exchange Score Analysis 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.