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Initially, setup in as a crypto cloud-mining company, Cex. It has a distinction of allowing users to fund their accounts with fiat currencies, and to withdraw their crypto holdings in the form of fiat currencies.
This eliminates the round-robin system of acquiring cryptos with fiat currency from exchanges like Coinbase, before using same to fund accounts on other cryptocurrency exchange websites. Cex io Bitcoin trading, as well as the trading of other crypto assets such as Ethereum and Dash, are all done using two versions of the trading platform:. Traders can opt for the web-based Cex. Users can use market orders or limit orders to execute purchase or sell trades. These trades involve the purchase or sale of cryptocurrencies, using fiat currencies as the transactional media exchange.
Four fiat currencies are used in base account operations on Cex. Using the browser trader is very easy. Once the account is open, the account can be funded using the fiat currencies mentioned above. Cex offers an easy way to immediately purchase bitcoin without entering into their trading interface.
This can be seen below. Here, Dollars worth of Bitcoin is to be purchased by the trader. Once this option is selected, the trade is processed in a few short sequences. Apart from the default amounts stated , and units of fiat currency , users can also choose to buy whatever amount of cryptocurrencies they want using a custom figure.
The snapshot below shows this very clearly:. In this example, the trader has opted to purchase ETH worth Euros. To do this, an input of the fiat currency amount to be used is made, and the proper amount of ETH is entered by the system automatically according to the exchange rate between Ethereum and the Euro i.
Users can also deposit funds after signing into the exchange by clicking deposit on the top right of the screen. Once a user selects the deposit option they will come accross a page that allows them to choose their deposit method see image below and proceed with the process.
Cex online trades in any of the cryptos available can also be carried out on the go using the Cex io mobile app. Two versions are available: It is preferable to initiate the downloads of these apps from the Cex. For traders who only wish to buy and sell cryptocurrencies on an exchange basis Basic Trading , the cryptocurrency assets available for trading are:. Advanced Level trading i. Margin Trading is done using the cryptocurrency pairs. Therefore, the assets available for Margin Trading are:.
Furthermore, some cryptocurrency assets are also paired with other cryptos e. What are the fees associated with trading or cryptocurrency exchange activity on Cex. Deposit and withdrawal fees are costs that are incurred every time a deposit is made or a withdrawal is initiated.
Each method of deposit and withdrawal presents its own unique transaction costs. Market transaction fees are the costs that are associated with trading of cryptocurrencies on Cex. These fees are calculated using the trade volume amassed by the trader over a day period. The fee schedule is specified below:. Margin trading fees for opening of positions on all cryptocurrency pairs is 0. No fees are charged for closing positions. The major consideration of any cryptocurrency exchange operation is security of funds and crypto holdings of traders.
With so many hacking attacks targeted at cryptocurrency exchanges, Cex. The result is that not a single hacking attack or theft of funds has been recorded on the Cex. What are the limits that are associated with Cex credit card and bank wire transaction systems? Here are the floor and ceiling price limits for each transaction method used for adding or withdrawing funds on Cex.
Please note that account limits are dependent on the account type operated by the trader. Other account types can withdraw unlimited amounts with no time limitation. Crypto Capital Not available Limits per transaction:. Supported Countries Funding and withdrawals of any cryptocurrency account on exchanges are subject to approvals by international financial watchdogs, who are out to ensure that only genuinely acquired funds are used for trading.
Therefore, some countries may find it hard to gain entrance into the payment channels supported on Cex. Phone and live chat support are currently not available. Cex customer reviews on the quality of customer support have generally been positive. Skip to content Tokens Tags CEX exchanges review trading. The snapshot below shows this very clearly: Assets Traded For traders who only wish to buy and sell cryptocurrencies on an exchange basis Basic Trading , the cryptocurrency assets available for trading are: Therefore, the assets available for Margin Trading are: Fees What are the fees associated with trading or cryptocurrency exchange activity on Cex.
The fee schedule is specified below: Deposits and Withdrawals Deposits and withdrawals can be conducted using the following methods: This is one method of fiat currency deposits. Deposits and withdrawals can also be performed using the cryptocurrencies that are traded on Cex.
Security The major consideration of any cryptocurrency exchange operation is security of funds and crypto holdings of traders. Limits What are the limits that are associated with Cex credit card and bank wire transaction systems? Customer Support Customer support on Cex.
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