CEX IO Reviews Read Customer Service Reviews of cex.io 2 of 873 Leave a comment

To be eligible to borrow, you must meet certain asset ownership requirements in your account. We’re proud of our content and guidance, and the information we provide is objective, independent, and free. Your account type depends on how much you have verified, and the buying limit will increase accordingly. You will need to verify your identity as the company complies with AML (Anti-Money Laundering) and KYC (Know Your Customer) rules to prevent money laundering and fraud. And here we are two weeks later no solution no reply, did everything they asked now I do not get a reply.

I was able to access my spot account…

Thanks to CEX.IO’s size, it can give tighter spreads to reduce your trading costs and decent liquidity to execute trades with less price slippage. The platform has never been hacked or lost customer assets thanks to its security measures, something that not all exchanges can claim. CEX.IO allows you to purchase the majority of the most popular coins, including BTC, ETH, BCH, BTG, DASH, LTC, and others. Besides, the best part is that you can easily buy them with EUR, USD, or GBP via the Instant Buy feature.

The Bankrate promise

In addition, only a small percentage of all the digital assets kept in active circulation are stored in hot wallets which helps to secure funds against malicious actors. In addition, MasterCard withdrawals for users from India are disabled while ACH payments are only supported for residents of https://www.tokenexus.com/ the United States. CEX.io aims to operate as a relatively low fee platform and there are no charges for USD, EUR, or GBP deposits by bank transfer whether they are ACH, SEPA, or Faster Payments. CoinSutra provides general cryptocurrency and blockchain information for educational purposes only.

Does CEX.IO provide a free wallet?

• That’s certainly not bad, and to its credit, CEX.IO gives you access to most of the big cryptocurrencies.
• Deposit limits are increased to $3,000 daily and $30,000 monthly if paying by credit or debit card.
• Lastly, you need to upload a picture of yourself holding your passport, driving license or ID card and credit/debit card.
• Another financial product that CEX.IO offers is crypto-backed loans.
• To make the most informed decision when choosing a crypto platform, we put together a helpful list of features to consider when determining your path forward.
• The funds are safely stored in a CEX.IO wallet, which can be used to buy, trade, sell, or withdraw to a hardware wallet.
• However, with staking, you agree to lock up your coins for a set amount of time and can’t withdraw until the end.

If you’ve already deposited money onto CEX.IO you can buy using this balance. You can also trade with the balance of any cryptocurrency you hold in your exchange wallet. This interface makes it easy to see exactly how much Bitcoin you’re getting for the price. However, the fees are quite a bit higher than buying through the trading interface. The App is lightweight and doesn’t lag, the user interface is well designed deliberately to be userfriendly. Newbies can get around in the app, place orders and use other services.

It did offer margin trade options (trading using borrowed money) via the CEX.IO Broker in the past, but it doesn’t seem to be an option anymore. If all I’m talking about seems a bit intimidating, don’t worry, the exchange also provides learning materials via the CEX.IO University. There, you can find beginner, intermediate, CEX.io Review and advanced level lessons about various crypto topics. Speaking of fiat currencies, the fact that it accepts them is one of the best things about CEX.IO. This makes it useful for people from many different countries. Now that we’ve got the basics down, let’s see if this cryptocurrency exchange is worth your attention.

However, new users will more likely want the verified account tier. CEX.IO Corp. (The US based version of CEX.IO) is headquartered at in Illinois. To open an account through CEX.IO, you will need to register an email address through the website. The company requires users to set up a second form of authentication (typically text messages), which you’ll need to do before proceeding further. When it comes to crypto, the interest is paid in additional crypto, not in fiat currencies. Volatility could decrease the value of your asset, even if you have more coins.

• Therefore, this approach is quicker and requires no verification process.
• Maker orders are limit orders that are posted to the order book.
• Account limits are dependent on the account type operated by the trader.
• In summary, I highly recommend CEX.IO as a trustworthy and efficient choice for trading.
• You can add how many debit cards you want as long as your name is on the card.
• Content on CoinSutra’s website and social media is not financial, investment, trading, or professional advice.