CEX.IO Review

CEX.IO Logo

Since its launch in 2013, CEX.IO, a multi-functional cryptocurrency exchange, has continued to provide its customers with easy access to crypto trading via their multifunctional trading platforms that include a web platform and iOS and Android mobile apps, WebSocket, and REST API. The cryptocurrencies available for online trading include Bitcoin, Bitcoin Cash, Ethereum, Ripple, Stellar, Litecoin, Tron, and more.

CEX.IO Review Introduction

In this CEX.IO review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.

You may also wish to view my best brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my broker reviews. You can also use my free trading tool to compare brokers including CEX.IO.

CEX.IO Platforms & Tools

The Exchange provides traders with the multi-functional CEX.IO trading platform. The platform has unique features for crypto-trading, including price notifications, instant sell options with immediate card top-up, order notifications, and instant exchange with support for fiat-to-fiat conversions. It provides an advanced order matching algorithm, a high-liquidity order book, and a rich variety of trading tools whilst combining an intuitive interface with advanced trading possibilities.

CEX.IO Review Mobile Platform
CEX.IO Review Mobile Platform

However, if you prefer automated trading, you can use the CEX.IO APIs, including REST, WebSocket, and FIX, to generate your API keys. The CEX.IO trading platform is available as a non-installable WebTrader and installable mobile apps that are compatible with Android and iOS devices. The mobile apps can be downloaded and installed from the relevant app stores.

CEX.IO Review API Types
CEX.IO Review API Types

Clients also get access to a range of trading tools to aid their trading, and they include Bitcoin Price Widget; the Bitcoin Price Calculator that allows traders to convert easily between bitcoin and preferred fiat currencies (USD or EUR); APIs (REST, WebSocket, and FIX) that offer automated trading solutions.

CEX.IO Research & Education

CEX.IO provides traders with a selection of educational resources to help keep them in the know on the latest happenings in the financial markets. The educational materials include a Trading Blog, the Press Section, and a Help Center.

CEX.IO Review Trading Blog
CEX.IO Review Trading Blog

CEX.IO Trading Accounts

CEX.IO offers only one live trading account for trading multiple cryptocurrencies online via the provided platforms.

CEX.IO Account Funding

The Exchange allows traders to deposit and withdraw funds using a variety of payment methods, which are dependent on their verification level. The available payment methods include:

  • Visa/MasterCard debit and credit cards.
  • International (SWIFT) and domestic bank transfers (SEPA, ACH, Faster Payments).
  • Cryptocurrencies
  • Online payment processors, including Skrill, and QIWI.

The various payment methods have different processing times, limits, and fees.

CEX.IO Customer Service

CEX.IO provides traders with a customer support team that is available 24/7 to offer prompt responses to clients’ inquiries. They can be reached through telephone, email, Live Chat, the online request form, and social media.

CEX.IO Regulation

CEX.IO is registered in the US and the UK. CEX.IO LTD is registered as Money Services Businesses (MSB), administered by the Financial Crimes Enforcement Network (FinCEN), a bureau of the US Department of the Treasury. CEX.IO Corp. has obtained Money Transmitter Licenses (MTLs) in 27 US states and keeps on working on covering more. CEX.IO Limited also obtained a Distributed Ledger Technology (DLT) license issued by the Gibraltar Financial Services Commission (GFSC). The license number is FSC1345B.

CEX.IO Review Summary

Overall, CEX.IO is a regulated cryptocurrency exchange that provides clients with a proprietary trading platform for trading a variety of cryptocurrencies whilst offering maximum coin security and high market liquidity. Traders are also provided trading tools, educational materials, and customer support teams.

It is worth mentioning that some of the trading products and services in this CEX.IO review may differ or not be available to traders in some countries due to regulations. As broker’s terms can change over time, please verify all information is up to date directly from the CEX.IO broker website which you can visit by using the link below.

You should be aware that the risk of loss in trading or holding cryptocurrencies can be substantial. As with any asset, the value of cryptocurrencies can go up or down, and there can be a substantial risk that you lose money buying, selling, holding, or investing in digital currencies.

CEX.IO

6.6

Spreads

7.0/10

Liquidity

7.0/10

Commissions

7.0/10

Support

7.0/10

Regulation

5.0/10

Features

  • A proprietary trading platform
  • Some educational resources
  • A range of trading tools
  • A variety of cryptocurrencies