CEX.IO
⭐ Trust Score: 8/10
📋 Basic information
📊 Trading statistics
📖 About exchange
ℹ️ CEX.IO — a global cryptocurrency exchange and financial services provider founded in 2013. Being one of the oldest and most regulated platforms on the market, it serves millions of users worldwide. The company positions itself as a bridge between traditional and digital finance, focusing on regulatory compliance, security, and convenience for users of all levels. Its ecosystem covers trading, earning, payments, and services for institutional clients.
🪙 Trading Products and Tools
CEX.IO offers a multi-level product ecosystem suitable for both beginners and professional traders, including opportunities for passive income.
Spot Trading
Support for over 200 cryptocurrencies on the spot market with a large number of trading pairs.
Margin Trading
Trading with leverage to increase positions (maximum leverage depends on the asset).
Passive Income
The CEX.IO Earn program includes staking and savings accounts with annual yields (APY) up to 15%.
Spot Trading: The advanced Spot Trading platform provides access to deep liquidity, professional analysis tools, and advanced order types.
Instant Buy: A simplified service for quickly purchasing cryptocurrency using cards and other convenient methods.
CEX.IO Wallet: A separate cryptocurrency wallet for secure storage, buying, selling, and exchanging a wide range of coins.
CEX.IO Pay Service: A unique feature for instant and free internal transfers between platform users without using complex addresses.
Crypto Debit Card: Available to users from a number of regions, allows instant conversion of cryptocurrency to pay for purchases.
🔐 Security and Support
Security and regulation are key principles of CEX.IO's operations, confirmed by its long history and possession of licenses.
Protection Measures
- Cold Storage: The overwhelming majority of users' digital assets are stored in offline cold wallets.
- Certification and Audits: The platform complies with strict security standards such as PCI DSS Level 1 and regularly undergoes independent audits.
- Account Protection: Two-factor authentication (2FA), email confirmation, and other measures are used to prevent unauthorized access.
Regulation
The exchange has the status of a registered financial services provider (MSB) in several jurisdictions and operates under the supervision of relevant regulators. This includes licenses in the USA (FinCEN) and European countries.
Support
24/7 support service available in multiple languages. Users in reviews note that support is usually responsive and helps resolve issues, although some procedures may seem formal.
💳 Deposits and Withdrawals
The platform offers one of the broadest ecosystems for working with fiat, supporting numerous deposit and withdrawal methods for users worldwide.
Verification (KYC)
Required to access exchange functions. The process is conducted online and affects available transaction limits.
Account Funding
Fiat: Very wide choice: bank cards (Visa/Mastercard), bank transfers (including SEPA and SWIFT), online payment systems (PayPal, Skrill, Neteller), as well as Apple Pay and Google Pay.
Cryptocurrency: Deposits are supported for all major crypto assets via various blockchain networks.
Withdrawals
Withdrawal of cryptocurrency to external wallets. Fiat withdrawal is available to cards and via bank transfers. The CEX.IO Pay service ensures instant and free transfers between users within the ecosystem.
👍 Pros and Cons
Based on official information, reviews, and user feedback, the platform's strengths and weaknesses can be highlighted.
Advantages
- ✅ Regulation and Proven Reputation: One of the oldest and most licensed exchanges with a proven track record.
- ✅ Flexible Payment Ecosystem: Exceptionally wide choice of fiat deposit and withdrawal methods.
- ✅ Versatility for Different User Types: Combines simple tools for beginners with advanced capabilities for experienced traders.
- ✅ Unique CEX.IO Pay Feature: A convenient and free way for instant transfers within the platform.
- ✅ Quality Support: Support service is generally rated by users as prompt and professional.
Disadvantages
- ❌ Geographical Restrictions: The platform's services may be unavailable or significantly limited for users from certain countries and regions.
- ❌ Bureaucracy and KYC Complexities: Some users note excessive formality and complexity of verification procedures.
- ❌ Conservative Listing Approach: The list of available coins is updated less frequently than on more aggressive competitors.
- ❌ Disputes Over Blocking: There are complaints about account blocking and delays in resolving disputes, especially for users from certain regions.
💡 Tips for Beginners
Complete Verification Immediately
Full verification grants access to all payment methods and significantly increases transaction limits.
Start with Instant Buy
For initial purchases, use the simplified Instant Buy service — it's intuitive and doesn't require trading knowledge.
Activate 2FA
Always enable two-factor authentication for login and confirmation of important operations to protect your account.
Use CEX.IO Pay for Internal Transfers
When sending funds to another CEX.IO user, choose CEX.IO Pay — it's the fastest and free option.
🌐 Interface and Accessibility
Interface: Website and mobile apps are available in English and Spanish. The platform offers an adaptive interface with simple and advanced trading terminals for different skill levels.
🌏 Restricted Countries and Territories
Important Information: Due to regulatory requirements, CEX.IO services may be fully or partially unavailable in your jurisdiction.
Known Restrictions: The exchange does not provide services in the following territories:
- Afghanistan
- Belarus
- Canada
- The Democratic Republic of Congo
- Cuba
- Guam
- Guinea Bissau
- Haiti
- Honduras
- Iran
- Iraq
- Japan
- Lebanon
- Libya
- Mali
- Myanmar
- Nicaragua
- North Korea
- Palestinian Territory
- Puerto Rico
- Russian Federation
- Singapore
- Somalia
- South Sudan
- Sudan
- Syria
- United States Virgin Islands
- Venezuela
- Yemen
Important Note: Before registering, it is strongly recommended to check the current information about the availability of all services of interest for your country on the official CEX.IO website.