Depending on the size of your positions, however, you might end up spending more in fees than you’d make back with the bonus. The support center also has a glossary with definitions for more than 50 common crypto-related terms. They can tell you that something is wrong with your card, account, or computer to get valuable information. In most cases, scammers don’t have much time, so they try to instill a feeling of urgency. Reliable companies can send you special offers, but they would rarely ask you to open attached files.
- This model calculates the fee of the particular participant based on the 30-day trade volume for all pairs.
- Maker orders are limit orders that are posted to the order book.
- Lyle Daly is a personal finance writer who specializes in credit cards, travel rewards programs, and banking.
- The exchange is compliant with regulation in all of the countries in which it operates.
- CEX.IO LTD launched in November 2013, and got started as a cloud mining service and Bitcoin exchange.
- However, new users will more likely want the verified account tier.
How to Open an Account
If you are looking for a quick, convenient and safe way to trade the most common cryptocurrencies, CEX.IO could be a good choice. It offers a user-friendly platform that makes buying and selling cryptocurrencies easy, including an instant buy feature for debit and credit cards. CEX.IO charges low trading fees compared to many major competitors and does an excellent job with platform security. The platform incorporates advanced order-matching algorithms and analytical tools, empowering experienced traders to execute advanced trading strategies with both crypto and fiat currencies. Additionally, CEX.IO provides its users with the unique option of crypto-collateralized loans, enabling them to earn crypto and obtain fiat currency by using their crypto holdings as collateral. With a focus on secure and efficient exchange crypto operations, the platform ensures a seamless crypto trading experience for its users, including instant crypto purchases.
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Many people, even those who have been in the crypto industry for a while, don’t know that CEX.io has been around for nearly a decade. The platform launched in 2013 as a mining provider and Bitcoin exchange. Based in London, CEX.io once held 42% of the Bitcoin network mining https://www.tokenexus.com/ power at one point. This means that traders will need 2FA verification every time a transaction is performed, trades are placed or they log into their account. Every registered CEX.io trader can earn lifetime rewards by sharing their referral link with their network.
Cex.io fees – some of the highest in the industry
You may be told that you have won some money, have a chance to get extra money but should send some amount in advance, or that your funds are in danger. Signing up for an account at CEX.IO is reasonably straightforward and very similar to signing up for a traditional online brokerage account. CEX.IO is targeting three types of users, which it refers to as Everyone, Traders, and Businesses. However, with staking, you agree to lock up your coins for a set amount of time and can’t withdraw until the end. CEX.IO’s crypto savings and stakings features are not available in the United States. You will also need to upload a government photo ID, like your passport or driver’s license, and your social security number.
- CEX.IO is a regulated global cryptocurrency exchange that enables traders and investors to buy, sell, borrow, and earn crypto.
- The default option is spot trading, which gives traders the charts and graphs they need to make successful trades.
- CEX.IO offers over 100 cryptocurrencies, but fewer than half of them are available to U.S. customers.
- You can buy cryptocurrency using Visa or MasterCard directly, or deposit funds to your account using ACH, SEPA, or SWIFT bank transfers.
- Well, let me tell you one thing – CEX.IO is probably best for beginners, but some advanced users can also benefit from it (especially those who prefer simplicity).
Kriptomat is a cryptocurrency broker based in Estonia that launched its service in and offers individuals to buy and sell more than 13 cryptocurrencies. BC Bitcoin is a cryptocurrency broker based in Lithuania that launched its service in and offers individuals to buy and sell more than 24 cryptocurrencies. Bitpanda is a cryptocurrency broker based in Austria that launched its service in and offers individuals to buy and sell more than 86 cryptocurrencies. Bitstamp is a cryptocurrency broker based in Luxembourg that launched its service in and offers individuals to buy and sell more than 41 cryptocurrencies. Bitfinex is a cryptocurrency broker based in Hong Kong SAR China that launched its service in and offers individuals to buy and sell more than 29 cryptocurrencies. Coinbase is a cryptocurrency broker based in United States that launched its service in and offers individuals to buy and sell more than 72 cryptocurrencies.
Countries not supported for wire transfers:
There is no cap on the amount of money you can earn via affiliate bonuses. For account-related issues and cardholder correspondence, reach out to The exchange created a nice infographic for more information about its security measures.
Registration, Verification, and Crediting Your Account
