It accepts multiple deposit types and supports a variety of digital assets. It’s great for both advanced users and beginners getting started with buying and selling cryptocurrencies. In addition to purchasing, CEX.io also offers users the ability to sell bitcoins to credit or debit cards, charging a fee for the same. CEX.IO gives traders focused exclusively on crypto a wide selection of digital currencies and tokens to choose from while charging reasonable trading fees. You’ll have access to more than 140 different cryptocurrencies, among the best in the industry. A slick mobile app makes it easy to keep track of your portfolio on the go and performs all the same functions as the web platform.
Cex.io supported currencies and coins
CoinSutra provides general cryptocurrency and blockchain information for educational purposes only. Content on CoinSutra’s website and social media is not financial, investment, trading, or professional advice. Readers should conduct independent research and consult a licensed advisor before making investment decisions. Since they support many countries, it’s an advantage for users from countries where it’s not so easy to buy Bitcoin.
- Although the main downside to CEX are the higher fees, it does remain a reliable exchange for purchasing and selling Bitcoin, Ethereum and other cryptocurrencies.
- Our goal is to simplify and explain in clear language, what can be a confusing jumble of terms and concepts.
- We’re currently investigating this company and the reviews on this page.
- CEX.IO has a blog that includes some educational articles, but posts are sporadic, and there are plenty of important subjects that aren’t covered.
Best exchange with user friendly interfaces
- We find the spot trading terminal easy to navigate, and suitable from beginner level.
- Unlike traditional brokerage firms, cryptocurrency exchanges are not members of the Securities Investor Protection Corporation (SIPC).
- Our team is pleased to see the integration of CEX.IO API, which allows experienced traders to set up automated solutions, integrate bots, and trade 24/7 even when away from a computer.
- Every cryptocurrency available on the CEX.io platform can be purchased using USD.
- On the other hand, the disadvantages of using CEX.IO are its trading and withdrawal fees, which are above market rates.
It offers only 30 cryptocurrencies for U.S. clients versus the hundreds on other platforms. They offer low fees, a variety of cryptocurrencies, and support for multiple fiat currencies. Kraken starts at just 0.26% for takers and goes as low as 0%, making them one of the more affordable exchanges.
How long do CEX.IO payments take?
When I put it to the test, I found it powerful yet intuitive and simple enough to use and make instant crypto purchases on the go. The broker also performed well in terms of deposit speeds, with card payments offering CEX.io Review instant funding and up to one day for domestic wire transfers. While not the lowest in the industry, CEX.IO’s trading fees are reasonable and still put them ahead of other exchanges such as Coinbase and Gemini.
You’ll be able to find the most popular cryptocurrencies such as Bitcoin, Ethereum and Dogecoin along with many of the more obscure coins. While promotions like these are nice every now and then, it shouldn’t influence your decision making too much when picking out an exchange. Trading fees, payment methods, and security are much more important factors.
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