CEX.io Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- 0.0001 BTC
- TradingView
- Many cryptocurrencies and tokens, fiats, two investment programs, an unlimited referral program, moderate commissions, and many bonuses
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- 0.0001 BTC
- TradingView
- Many cryptocurrencies and tokens, fiats, two investment programs, an unlimited referral program, moderate commissions, and many bonuses
Our Evaluation of CEX.io
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
CEX.io is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 4.16 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by CEX.io clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
The CEX.io cryptocurrency exchange provides comfortable terms for cooperation and is focused on active traders. There are many crypto-crypto and crypto-fiat pairs. The trading terminal is fast, highly stable, and has an advanced security system. The exchange offers two low-risk investment solutions. The referral program is standard. The commissions are average for the market, and they can be reduced with an increase in the trading volume and bonuses in the form of rebates from the Traders Union.
Brief Look at CEX.io
The CEX.io cryptocurrency exchange offers fast executions, spot cryptocurrencies, and token and CFD trading. Bitcoin, Ethereum, Tether, Bitcoin Cash, Litecoin, Cardano, Binance Coin, dozens of other cryptocurrencies and coins are traded on the exchange. As for fiats, there are the US dollar, Euro, and the British pound sterling. You can carry out a fast cryptocurrency sale and purchase directly from a bank card. The exchange allows for simplified investment in cryptocurrencies; the service of cryptocurrency loans is integrated, and there is a one-level referral program. You can trade through a web terminal or a mobile application. Commission fees for trading operations depend on the trading volume, and the fees are average for the segment at the first trading levels.
- all popular cryptocurrencies and 4 fiats are provided;
- CFD contracts trading with x100 leverage;
- a simplified service for the quick purchase and sale of cryptocurrencies;
- simple and profitable investment program.
- the ability to take loans in cryptocurrency;
- CEX Prime and CEX Direct solutions for business;
- versatile application for mobile trading;
- profitable affiliate program.
- no demo-accounts;
- no training programs for novice traders.
TU Expert Advice
Financial expert and analyst at Traders Union
The CEX.io Cryptocurrency exchange is registered in the UK (registration number 08757996) and operates under an international license. There are offices in London, New York, Ottawa, and Kyiv. Each office (except for Kyiv) has its own customer support service that operates via the call center and by email.
The exchange allows the trading of cryptocurrency and coins on various terms. There is spot trading and CFD trading, and simplified exchange services are also provided. In addition to a significant and constantly expanding pool of cryptocurrencies, the presence of the most popular fiat currencies shall be considered a clear advantage.
CEX.io offers two investment solutions as cryptocurrency deposits and staking. A referral program with payments of interest on the commission fees of referrals is one more option for passive earnings. In this regard, the exchange does not implement unique solutions. The trading terminal is also standard, based on the TradingView system. The mobile application shall be considered comfortable and stable. During testing, there were no bugs or software errors found.
Commission fees are the market average. They depend on the trading volume and can be reduced in different ways. No hidden payments have been identified; the site works transparently. Also, there were no facts of violation of obligations to traders or unresolved conflict situations.
CEX.io Summary
| 💻 Trading platform: | Proprietary version of TradingView terminal |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, US dollar, Euro, and British pound sterling |
| 💵 Replenishment / Withdrawal: | Bank cards and accounts, electronic and cryptocurrency wallets |
| 🚀 Minimum deposit: | 0.0001 BTC |
| ⚖️ Leverage: | Up to 1:100 (for CFD trading) |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Market |
| 🔧 Instruments: | Cryptocurrencies, currencies |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | n/a |
| ⭐ Trading features: | Many cryptocurrencies and tokens, fiats, two investment programs, an unlimited referral program, moderate commissions, and many bonuses |
| 🎁 Contests and bonuses: | Yes |
The CEX.io cryptocurrency exchange has set a minimum deposit of 0.0001 BTC (or the equivalent in another cryptocurrency/fiat). To trade, register and verify (confirm the data). After that, continue to deposit funds in an amount equal to the required minimum or exceed it. There is no leverage for spot trading. The leverage is up to x100 for CFD contracts. You can always contact technical support by email. There are call centers in the UK, US, and Canada offices, and their opening hours may vary. The table below shows the main CEX.io exchange trading terms.
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Commissions and fees
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≤ 5 BTC – 0.25%/0.16%;
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≤ 30 BTC – 0.23%/0.15%;
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≤ 50 BTC – 0.21%/0.13%;
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≤ 100 BTC – 0.20%/0.12%;
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≤ 200 BTC – 0.18%/0.10%;
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≤ 1,000 BTC – 0.15%/0.08%;
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≤ 3,000 BTC – 0.13%/0.04%;
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≤ 6,000 BTC – 0.11%/0.00%;
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< 6,000 BTC – 0.10%/0.00%.
| Account type | Commission (minimum value) | Withdrawal commission |
|---|---|---|
| Standard | Up to 0.25% per application | Yes |
Please note that the exchange has set limits for daily deposits and withdrawals. They don’t apply to corporate clients and clients with the Enhanced status (it can be obtained individually). In addition to the minimum deposit, for each asset, there is a minimum withdrawal amount and a withdrawal commission. This information is presented in the Limits and Commissions section of the exchange.
| Broker | Average commission | Level |
|---|---|---|
|
$0.25 | |
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$20 | |
|
$0.1 |
Investment Options
Cryptocurrency exchange CEX.io offers two investment options. The first one is staking. It means loaning a cryptocurrency or a token to a blockchain project, which acts as the official partner of the site. The staking section contains a list of current requests from partners. For each request, the required asset, minimum deposit, and estimated interest rate are indicated. Just select an application and make a deposit not less than the minimum possible (you must have the corresponding asset on the account).
Staking rewards are recalculated once an hour. Funds are not frozen in your account; you can use them in trading. However, if the number of coins on the account decreases, the reward will naturally be recalculated downward. You can answer several requests at once. The deposit and interest are transferred to your account once a month (30 calendar days). The average staking interest rate is 2-16% per annum.
The second investment option is cryptocurrency deposits. This is a universal program that works for most cryptocurrencies and coins. You freeze part of your funds on the account (for a certain period – 30, 60, or 90 days), providing them for the use of the site for its needs. For this, the website charges the user interest in proportion to the amount of the frozen funds. Interest is charged daily. The average income is 4-12% for cryptocurrencies and up to 20% for tokens.
You cannot trade assets that you have frozen. However, you can withdraw (redeem) the deposit at any time. There is a standard ransom when the funds are unfrozen the next day, and a quick ransom, when the funds are returned on the day the order is created. You will have to pay a quota for both ransom options. The quota is not paid when funds are returned naturally after the freeze period.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
CEX.io’s affiliate programs
The referral program of the CEX.io cryptocurrency exchange is standard and one-level. To participate in it, go to the Referral section in the personal account. Locate the individual affiliate link.
You can place the link on any site without restrictions. The exchange offers a comprehensive range of banners and promotional materials to integrate an affiliate link. Advertising materials have already been adapted for publishing on forums and various social platforms.
Each user who follows your link and registers on the cryptocurrency exchange will become your referral. But he will be a referral only if the user is verified within 30 days after clicking on your link. If this happens later, it will not be added to the list of your referrals.
A referral brings you 30% of the commission fees on all of his trades. The referral status is unlimited, the user will provide you with income for as long as he trades on the site. You can have any number of referrals, all referrals and payments for them are displayed in the corresponding section of the personal account.
Referral payments are made to the user's main account in the transaction currency. These funds can be freely converted, used in trading, or withdrawn to a bank card.
User Satisfaction