The CEX.IO project positions itself as a cryptocurrency exchange founded in 2013. The official website cex.io does not provide an option to select the Russian language. The main page is available only in English and looks as follows.
Initially, in the first two years of its operation, the platform was engaged in cloud mining. However, since 2015, the service has significantly changed its strategy and has become a full-fledged resource for exchanging and selling digital currencies.
CEX.IO claims its origin from the UK, with the company CEX.IO LTD registered at the address: 33 St. James Square, London, SW1Y 4JS, United Kingdom. The company registration number is 08757996.
Additionally, the project has several additional offices:
The broker CEX IO mentions licenses from various regulators on its website, but links to verify the documentation lead to empty pages of regulators.
The company provides a wide range of contact details, including separate phone numbers for each branch, as well as email addresses for handling complaints and business inquiries.
The platform supports not only digital currencies but also widely used fiat money, allowing users to work with various types of assets. The exchange offers the opportunity to work with five cryptocurrencies, including Bitcoin, Ethereum, Dash, Bitcoin Cash, and ZCash.
It is worth noting that the exchange confidently claims to be suitable for beginner traders. The trading terminal provides the ability to change charts for different trading pairs and set time intervals for candlestick chart formation, including options from one minute to several days.
The “CEX.IO” exchange provides traders with the opportunity to engage in margin trading of cryptocurrencies, which opens up additional opportunities for profit. Users can try a demo version of the platform, and when switching to real trading, they are promised several significant advantages:
To start working on the platform, you need to follow several steps:
The company “CEX.IO” assures that traders will be able to profit even from small price fluctuations thanks to the project's efforts to minimize spreads. High performance of the trading system, absence of failures, and delays in operation are also guaranteed.
Depositing and withdrawing funds on the platform is available both in cryptocurrency and using fiat currencies. Users can choose various methods for depositing and withdrawing funds, including VISA and MasterCard payment systems, bank transfers, as well as transfers through cryptocurrency wallets. However, to perform these operations, you will need to undergo a verification procedure.
Meanwhile, the broker does not provide information about transaction fees, which may raise questions among users who want to understand additional costs in advance when depositing or withdrawing funds. Details regarding fees remain unclear, and it may be necessary to clarify them directly in the process of working with the platform.
Although the “CEX.IO” exchange claims its license and compliance with security standards, the lack of detailed information about fees and not always transparent verification policy may raise doubts among users. In the cryptocurrency exchange ranking, CEX.IO occupies an average position, confirming the presence of both positive and negative reviews about the platform. Uncertainty regarding transaction costs and limited information about hidden fees make cooperation with the exchange less transparent. Before starting to work with the crypto exchange, it is strongly recommended to study reviews about CEX.IO from clients and experts to avoid unpleasant surprises.
After I started reading reviews about the broker, I realized one thing: my money will remain in the hands of CEX…. I was always sitting in hope that my withdrawal would eventually be approved. How naive I was. When I first started, CEX.IO seemed like a quite reliable crypto exchange, they presented themselves well. Who would have thought that it would all turn out to be a scam, and I would never see my money... I realized too late that I should have spent time studying the reviews in advance, rather than relying on luck. I feel deceived, but now at least I understand how important it is to be cautious with such platforms. It seems I would have been better off not going there at all…
Honestly, I'm kind of uneasy about working with this broker for some reason... I don't know, the website seems good and they promise a lot, but somehow I couldn't find real documents... although I've read positive reviews from others, doubts still linger whether it's worth it...
To leave a review, log into your account.
