Is Cex Io a good cryptocurrency exchange?

CEX.IO has a comprehensive support center and there are a range of ways to get in contact with the helpdesk if needed. CEX.IO gets a tick for fee-free bank deposits, but its fees for buying Bitcoin with a credit or debit card are among the highest of any exchange.

Is Cex legit?

If you were wondering: Is CEX.io legit? Or, is CEX.io safe? The answer is yes and no. The site is certainly legit, as it has been registered in the United States as a Money Services Business. The agency that it’s licensed is called the Financial Crimes Enforcement Network (FinCEN).

Is Coinbase cheaper than Cex is?

However, Coinbase’s exchange fee is much lower than CEX.IO. When comparing the actual cost of buying 1 Bitcoin through both companies it turns out that Coinbase is 4% cheaper than CEX.IO and is probably the cheapest option than all of the compared exchanges in this post. You can read my complete Coinbase review here.

How does Cex Work?

After you confirm the trade, your order is matched to other orders on the exchange, and your balance is adjusted. Sometimes the amount can be even greater than agreed on, but is never smaller. More advanced users can use CEX.IO’s trading platform. The upside for using the platform is that fees are extremely lower.