Bitcoin & Cryptocurrency Exchange Buy & Sell Crypto

Transaction fees on CEX.io range anywhere from 0.00% to 0.25%, depending on the cryptocurrency and whether you’re the maker or the taker. You can see the rest of the CEX.io fee schedule listed out here. Traders also have access to margin trading, except those in the United States. Most users will find this type of trading beneficial as they can make significant gains quickly.

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information service that aims to provide you with information to help you make better decisions. We may receive payment from our affiliates for featured placement of their products or services. We may also receive payment if you click on certain links posted on our site. CEX.IO supports over 30 cryptocurrencies, but some notable assets are missing. Namely, BNB, XRP and Lido Staked Ether, which are in the top 20 cryptos by market cap. In total, 14 of the top 20 cryptos are available on CEX.IO.

How to sign up on CEX.IO exchange

Although I cannot do the exact math for you, there’s actually a fee of 3.5% + $0.25 when you buy BTC using your credit card on CEX.IO. Apart from that, buying bitcoin comes with a 7% transaction fee, and you may lose a bit of value on your fiat currency from the exchange rate. So, this could explain the credit card fee you incurred and 52 euros taken from your account.

• This means it has proved itself as having a certain level of security to store, process, and transmit payment card data.
• Withdrawal fees can reach up to 3% plus commissions of up to $25, depending on your currency and payment method (credit cards are the most expensive option).
• He writes for The Ascent and The Motley Fool, and his work has appeared in USA Today and Yahoo! Finance.
• We use dedicated people and clever technology to safeguard our platform.
• This feature provides traders with a more effective way to capitalize on new investments, or release funds when they’re needed to cover costs.

For businesses, the exchange offers institutional trading with CEX.IO Prime. Domestic payments typically take one business day to process, while international payments usually take anywhere from two to five business days. Though CEX.IO has weathered limited attempts at hacking here and there, it has never lost any of its customers’ funds. As a result, it is reasonable to consider CEX.IO safe to use. Prevailing opinion according to most third-party analysis indicates that Coinbase ranks slightly better overall in terms of metrics such as overall score, ease of use, and security.

Supported cryptocurrencies for buying via the brokerage service:

It is a good platform to buy and sell cryptocurrencies, it has several methods to earn cryptocurrencies in a safe way. Funds from the cold wallets can only be transferred to the whitelisted addresses of the CEX.IO hot wallets and only after the reconciliation of all balances. The CEX.IO system has control systems for sending only to proper destination addresses when transactions are created and signed, even by all fully authorized parties. This means that traders will need 2FA verification every time a transaction is performed, trades are placed or they log into their account.

Below, we’ve listed some features that make the account a good one for both user types. The CEX.IO support document does state that other proof of residency documents will be accepted, too. However, it does exclude electronic bills and statements, online screenshots, mobile phone bills, and credit card statements. Identify the best Crypto exchanges for day trading in 2023 and make crypto day trading profitable. Depots cost anywhere from $5-10, and fees for withdrawing funds will vary depending on the type of digital asset and the kind of withdrawal you’re performing.

I deposited 760$ via usdt they disabled…

Its overall investment selection — which includes more than 100 assets like bitcoin and ethereum — is available to traders around the world. However, CEX.IO only offers more than 40 cryptocurrencies for residents in 49 US states and Washington, DC (New York is excluded). Lyle Daly is a personal finance writer who specializes https://www.tokenexus.com/ in credit cards, travel rewards programs, and banking. He writes for The Ascent and The Motley Fool, and his work has appeared in USA Today and Yahoo! Finance. He was born in California but currently lives as a digital nomad with a home base in Colombia. On the other hand, several crypto exchanges offer quite a bit more.

• They have also lowered the deposit fees for credit/debit cards.
• The website colors are also comfortable, to use in day or night mode.Lastly, their crypto university and glossary are practical for Crypto newbies to learn and make informed investment decisions.
• There are a variety of options, and the right exchange for you depends on a lot of factors.
• However, it might to a bit longer for the money to reach your bank account.
• Our community of six million global users enjoys peace of mind across multiple jurisdictions.

Once a preferred credit or debit card is paired with your CEX.IO account, it may be accessed from a web browser, or via our mobile app. Users enjoy on-the-go access to their crypto portfolio, and the ability to seize opportunities from anywhere, whenever they arise. CEX is a well-known & reliable U.S.A-based crypto exchange and broker to purchase Bitcoins, Ethereum, and other cryptocurrencies using bank transfer, Debit, or credit card. The markup is a little higher, but the ease of use & trust make it a reliable website for purchasing Cryptocurrencies.

CEX.IO is certainly one of the best crypto brokers and the entire community is proud of the growth that has expanded its borders in the crypto market. The community feels privileged to be part of this journey and is always seeking important achievements for the desired future. Stay aware of timely CEX.IO updates and market developments.

• Use USD, EUR, GBP, CAD, and plenty of others to buy, sell, send, receive, trade, stake, and so much more.
• When you’ve shared this information, you will need to confirm your email address by typing in the confirmation code you receive via email.
• We often find that the more advanced trading platforms tend to be intimidating to new crypto traders and investors because of all the flashing lights and scrolling numbers.
• The markup is a little higher, but the ease of use & trust make it a reliable website for purchasing Cryptocurrencies.
• Coin Insider is the authority on bitcoin, ethereum, ICO and blockchain news; providing breaking newsletters, incisive opinions, market analysis, and regulatory updates.

If you are new to crypto exchanges, then you probably can’t do much better than CEX.IO’s market interface. Let’s continue with or CEX.IO review of the verification process. Users must then submit their identity document, a selfie of themselves holding the document, and a proof of address. Basic accounts at CEX.IO are the default account that you will create as soon as you sign up for CEX.IO. The only payment method accepted for fiat deposits using a basic account is a Visa or MasterCard. CEX.IO lists most of the better-known coins and tokens, and allows users to both exchange them with one another, or use fiat money for their crypto acquisition wants and needs.

CEX.IO Listed and Tradable Cryptocurrencies

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Editorial content from The Ascent is separate CEX.io Review from The Motley Fool editorial content and is created by a different analyst team. Just plug in the type of cryptocurrency you want to buy and the amount. While it’s easy to use, Instant Buy can be extremely expensive.