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CEX.IO
4.5
★★★★★

We currently don't have this product on Finder

Fiat currencies
3
Supported assets
314
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

Summary

Buy and sell cryptocurrency or actively trade at competitive rates on CEX.IO.

There are exchanges out there that have higher international profiles or are more upfront about what they charge their brokerage clients on the spot market, but CEX.IO gets a lot of things right, and is hard not to recommend.

From its user-friendly experience to thorough security, to the range of brokerage and trading options on offer, this is a solid offer that credibly challenges the big players in the space.

Pros

  • Accepts credit cards
  • Over 300 cryptocurrencies supported
  • No reported sitewide hacks

Cons

  • Customers report poor customer service
  • Verification process may take days or weeks

In this guide

  • Review
  • Details
    • Product details
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Details

Product details

Product Name CEX.IO
Fiat Currencies USD, EUR, GBP
Cryptocurrencies BTC, USDT, BCH, LTC, DASH, ETH, SHIB, ATOM, ADA, TRX & 304 more
Deposit Methods CEX.IO Pay
Bank transfer
Credit card
Cryptocurrency
Debit card
Trading Fee 0.10 – 0.25%
Deposit Fees CEX.IO Pay: 0%
Credit/Debit card: 0.49% – 4.99% + service charge
Google/Apple Pay 0.49% — 4.99% + service charge
Bank transfer: Fees vary
Cryptocurrency: Fees vary
Withdrawal Fees CEX.IO Pay: 0%
Cryptocurrency - Fees vary
Mastercard and VISA: 0.49% – 4.99% + service charge
SWIFT: 0.3% + USD $25 (min $50)
Skrill: 3.99% + USD $3.00

About CEX.IO — company background

CEX.IO was founded in 2013, originating from the GHash.IO mining pool, which became one of the largest in the industry at the time. The company was among the first to introduce accessible fiat-to-crypto purchases, including early support for credit card transactions.

Today, CEX.IO operates as a regulated crypto service provider with 40+ licenses and registrations. The platform has expanded its global presence over the years and continues to support a broad user base with buying, selling and managing digital assets.

What fiat and cryptocurrencies are supported?

  • Supported fiat currencies: USD, EUR, GBP
  • Supported cryptocurrencies: Approximately 314 cryptocurrencies

Which payments methods are accepted?

Available payment methods vary per market.

  • CEX.IO Pay
  • Bank transfer
  • Credit card
  • Cryptocurrency
  • Debit card

Fees and limits

How do I create an account at CEX.IO?

We also strongly recommend you set up 2-factor authentication (2FA) on your account.

Using the CEX.IO app

The CEX.IO app is available for Android and iOS operating systems.

Staking and rewards

CEX.IO supports staking and claims, and rewards are calculated daily and distributed monthly. Staking rewards will vary by coin and may change over time.

You can currently stake the following coins on CEX.io:

  • Solana
  • Polygon
  • Tezos
  • Tron
  • Cardano
  • Zilliqa
  • Cosmos
  • Polkadot
  • Flare
  • Kusama
  • Avalanche
  • Ontology
  • Kava

Additional features

If you're really serious about your trading, or work for a business that is, CEX.IO offers its CEX.IO Prime.

This is a proprietary matching engine that connects high-volume or institutional clients with liquidity providers, and it has also developed a suite of APIs to aid execution.

If you don't know what any of this means, don't worry, it's not meant for everyday retail clients, but it does speak to the seriousness of the operation.

Customer support

One of CEX.IO's strongest suits is its customer service.

Support is available 24/7, there's an online knowledge centre, dedicated support email addresses, a chatbot that becomes a live chat with a human being, and even a phone number you can ring.

This is a good show; CEX.IO even posts apologetic blog posts when the customer service pipes get clogged.

Is CEX.IO safe to use?

Regulation

CEX.IO is not regulated by the FCA in its native UK, and CEX.IO has had some run-ins with it in the past, but the FCA has long been reluctant to fully license cryptocurrency firms.

However, CEX.IO has been registered as a Money Services Businesses (MSB) with the Financial Crimes Enforcement Network (FinCEN), part of the US Department of the Treasury, and it has obtained a licence from the Gibraltar Financial Services Commission (GFSC) and Money Transmitter Licenses (MTLs) in 32 US states.

The company also has a pending application for a digital payment token service licence with the Monetary Authority of Singapore.

Verification process

As befits such an ambitious company, CEX.IO's verification process is unusually thorough.

You need to be verified to unlock these functionalities:

  • Buying cryptocurrency with your debit or credit card.
  • Making card deposits of up to $3,000 and withdrawals of up to $10,000 a day.
  • Trading with available cryptocurrencies using market/limit orders and API tools.
  • Pay with Epay, Skrill or QIWI services.

You'll need your passport, driver's licence or other government-issued ID, and users in the US will need their social security number.

CEX.IO will ask you not only for a photo of this document, but a selfie with the document, along with thorough information from the document – issue numbers, and so on.

The selfie sounds like a lot, but think of it as like a passport photo – so no sunglasses.

There are also "verified plus" and "corporate" verification levels, but most retail users won't be needing these.

Security features

There's no such thing as a totally secure cryptocurrency exchange, so bear that in mind and do take the usual security precautions regarding your own private data.

For its part, CEX.IO is accredited to a level 1 standard (the highest) for data security according to industry standards developed by leading legacy financial services and payments providers.

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Frequently asked questions

Isn't there a British second-hand entertainment retailer called CEX?

Yes, but the two businesses are not connected.

Sources

Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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