The information is needed to make sure the company complies with anti-money laundering (AML) and know your customer (KYC) regulations. The history of digital currency is full of examples of exchanges being hacked and there is nothing to suggest the future will be any different. This is why you should never store your cryptocurrency on an exchange!

• However, not all digital asset exchanges offer this option and those that do often charge extremely high fees for the privilege.
• Buy bitcoin and other cryptocurrencies in an instant through the main menu by adding a credit card, check your balances, or withdraw your crypto gains quickly and smoothly from the deposit tab.
• CEX.IO is a regulated global cryptocurrency exchange that enables traders and investors to buy, sell, borrow, and earn crypto.
• Depending on the payment method you choose, deposits and withdrawals could have a service fee and a commission.
• Some currencies can also be purchased with EUR, GBP and RUB.
• On the CEX.IO Broker version, you will have access from 2x to 100x leverage and you also unlock more powerful order selections that will suit active day traders better.

Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website. A taker fee is a fee charged when a buy order is matched immediately https://www.tokenexus.com/ with a sell order on the books. This is the fee charged when you place a market buy order. According to the support page on the exchange, it can take from 1 to 24 hours to get verified with regards to any unexpected network issues.

Find your next crypto opportunity

CEX.IO offers its services to US residents in 49 states and Washington, DC (it doesn’t support New York residents). CEX.IO also has Money Transmitter CEX.io Review Licenses (MTLs) in 33 US states. Ratings typically reflect the BBB’s opinion of how well a company interacts with its customers.

Nevertheless, it’s always good to note that with crypto currencies, fees are possibly charged when you buy or sell, as to how much, that depends on the exchange platform you use and the rates they charge. Everyone can use the exchange’s Instant Buy feature to buy Bitcoin and other cryptocurrencies using a range of payment methods, including PayPal, debit/credit cards, Apple/Google Pay, and more. Additionally, CEX.IO provides soft staking on 13 cryptocurrencies to allow users to earn crypto and crypto-backed loans that enable users to borrow fiat currency by providing crypto as collateral. CEX.io is a great option for anyone who wants to buy Bitcoin with a credit or debit card. The fees are higher than some other exchanges, but the convenience and simplicity of the process make up for it. CEX.io is also a good choice for those who want to trade cryptocurrencies, as they offer a wide variety of trading pairs.

MEXC Referral Code ( : Steps to Earn $1000 Sign-Up Bonus

In fact, our rigorous approach to network security extends toward every corner of our product ecosystem. The bank transfer fees are 0 for deposits in all currencies and 1% for USD and €1 for EUR withdrawals. With an account on a higher tier than basic, you can deposit and withdraw with bank transfers and any of the cryptocurrencies listed at CEX.IO (above). Users need to submit some personal information and documents to reach the verified account tier.

CEX.IO keeps adding new coins to the platform to stay up to date with the latest releases on the crypto market. We measured up to 108 tradable cryptocurrencies and 228 unique trading pairs, all available through the spot trading interface or the margin trading platform on the broker site. Until today I have used CEX.IO several times and haven’t had any issues. I think it’s a solid exchange, with the only downside being the high fees they charge for their brokerage service. If you’re a more advanced user, you can cut dramatically on fees by using the trading platform and not the brokerage service.

Can I withdraw from CEX.io without verification?

Bitstamp is a respected Bitcoin exchange that supplies both a trading platform and a brokerage service for buying Bitcoins. Buying through Bitstamp’s service will actually be cheaper by 2.5% than through CEX.IO’s brokerage service. Using your credit card you can purchase up to $1500 a day or $15,000 monthly.

CEX.IO’s brokerage service is a way for new users to buy cryptocurrencies through an easy (though somewhat more expensive) process. This means CEX.io will trade cryptocurrencies for you at a premium. Over time, CEX.IO has matured into a group of companies with licences in multiple jurisdictions. CEX.IO LTD has been registered as a Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. CEX IO EU Limited provides card processing services to customers from the European Economic Area (EEA).

Need time to analyse the charts and compare, while the mobile app can be a great alternative for short period of time it can only a fraction of information at a time. I know some people trade solely on the app, but I think it’s not for me. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor. Mentioning target users is very important for a CEX.IO review.