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Cryptocurrency Q&A Is CEX.IO safe to use?

Is CEX.IO safe to use?

alexander_watson_astronaut alexander_watson_astronaut Mon Oct 28 2024 | 6 answers 1757
I'm considering using CEX.IO for cryptocurrency trading, but I'm concerned about its safety. I want to know if it's secure to use this platform for buying and selling digital assets without worrying about hacks or losing my funds. Is CEX.IO safe to use?
cex.io safe use

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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