CEX.IO bitcoin marketplace review

Buy and sell cryptocurrency or actively trade at competitive rates on CEX.IO.

  • Good for fiat to cryptocurrency trading at competitive rates
  • Bad for deposit and withdrawal fees on certain payment methods

2.0 ★★★★★ (1 review) Write a review

4

Fiat currencies

22

Cryptocurrencies

Details

Product Name CEX.IO Cryptocurrency Exchange
Fiat Currencies USD, EUR, GBP, RUB
Cryptocurrencies BTC, USDT, BCH, LTC, DASH, ETH, XRP, ATOM, ADA, TRX & 10+ more
Deposit Methods Bank transfer
Credit card
Cryptocurrency
SWIFT
SEPA
Faster Payments (FPS)
Trading Fee Maker: 0-0.16%
Taker: 0.10-0.25%
Deposit Fees VISA & Mastercard: 2.99% (USD), (GBP), (EUR) , (RUB)
Bank transfer: None
Skrill: 3.99% (USD, GBP, EUR)
ACH: None
Faster Payments: None
Withdrawal Fees Mastercard and VISA: Fees vary
Bank transfer: 0.3% + £ 25.00 (USD, GBP, EUR)
ACH: None
Skrill: 1% (USD, GBP, EUR)
Faster payments: None
Disclaimer: This information is not financial advice or an endorsement of cryptocurrency or any specific provider, service or offering. Cryptocurrencies are highly volatile and high risk. Do your own research and seek financial advice before buying. Please check with providers if their services are available in your state.

Learn more about CEX.IO

What fiat and cryptocurrencies are supported?

  • Supported fiat currencies: USD, EUR, GBP, RUB
  • Supported cryptocurrencies: Approximately 22 cryptocurrencies

Which payments methods are accepted?

Available payment methods vary per market.

  • Bank transfer
  • Credit card
  • Cryptocurrency
  • SWIFT
  • SEPA
  • Faster Payments (FPS)
Go to CEX.IO's website

What’s it like to use CEX.IO?

  1. The markets. Browse the markets to find your trading pair.
  2. Buy and sell. In addition to trading, you can directly buy and sell through CEX.IO too.
  3. Create an account. Create an account at CEX.IO to get started.

Fees and limits

The fees below are accurate as of March 18, 2021.

Platform trading fees

30 day trade volume (BTC)TakerMaker
≤ 50.25%0.16%
≤ 300.23%0.15%
≤ 500.21%0.13%
≤ 1000.20%0.12%
≤ 2000.18%0.10%
≤ 10000.15%0.08%
≤ 30000.13%0.04%
≤ 60000.11%0.00%
> 60000.10%0.00%

Deposit and withdrawal fees

Deposit fees

Available deposit options and fees vary depending on the currency.

USD

Payment methodDeposit fee
Visa2.99%
Mastercard2.99%
epayNone
advcashNone
Skrill3.99%
Bank transferNone
ACHNone

EUR

Payment methodDeposit fee
Visa2.99%
Mastercard2.99%
advcashNone
Skrill3.99%
Bank transferNone
SEPANone

GBP

Payment methodDeposit fee
Visa2.99%
Mastercard2.99%
Skrill3.99%
Bank transferNone
Faster PaymentsNone

RUB

Payment methodDeposit fee
Visa2.99%
Mastercard2.99%
QIWI.99%
Bank transfer.5%
Withdrawal fees

CEX.IO is one of the only cryptocurrency exchanges that lets users make withdrawals straight to payment cards.

USD

Payment methodWithdrawal fee
VisaUp to 3% + $1.20 service fee
Up to $3.80 commission fee
MastercardUp to 1.8% + $1.20 service fee
Up to 1.2% + $3.80 commission fee
epay1%
advcashNone
skrill1%
Bank transfer0.3% + $25
ACHNone

EUR

Payment methodWithdrawal fee
VisaUp to 3% + €1.50 service fee
Up to €3.50 commission fee
MastercardUp to 1.8% + €1.50 service fee
Up to 1.2% + €3.50 commission fee
advcashNone
skrill1%
Bank transfer0.3% + €25
SEPANone

GBP

Payment methodWithdrawal fee
VisaUp to 3% + £2.10 service fee
Up to £2.90 commission fee
MastercardUp to 1.8% + £2.10 service fee
Up to 1.2% + £2.90 commission fee
skrill1%
Bank transfer0.3% + £25
Faster paymentsNone

RUB

Payment methodWithdrawal fee
QIWI2.49%

How fast will my funds be available?

Deposits

Clock icon for transfer speed

Up to 5 days

Credit card payments can go through almost instantly, as can some bank transfers.

But international bank transfers may take 3 to 5 days to arrive in your account.

Withdrawals

Clock icon for transfer speed

Varies

Withdrawals to your card can go through almost instantly.

Other types of withdrawal are processed by CEX.IO within 24 hours, but total transfer times vary depending on your bank.

Is CEX.IO safe to use?

  • Regulation. CEX.IO is registered as a money services business (MSB) with FinCEN in the USA, and is registered with the Information Commissioner’s Office in the UK. It verifies users and has a risk-based AML/KYC policy.
  • Verification process. Only verified users can trade on CEX.IO. When paying with card, users have to pass card verification. With other payment methods, users have to provide identification which CEX.IO will check for authenticity. The exchange monitors transactions to look for suspicious activity.
  • Security features. CEX.IO offers two-factor authentication, stores user funds in cold storage and has its PCI DSS (payment card industry data security standard) certificate.

CEX.IO has been in operation as a cryptocurrency exchange since 2014. It’s operated almost completely without incident in that time. It says none of its users have ever experienced account funds theft.

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Cryptocurrencies

BTC, BCH, BSV, ADA, DOGE, EOS, ETC, FIL, XLM, ZEC & 50+ more

Deposit method

Bank transfer (ACH), Credit card, Debit card, PayPal, Bank transfer (SEPA)

Trading fee

Fees vary

Withdraw fees

Instant Card Withdrawal: Up to 1.5% of the transaction plus a minimum of $0.55
Outgoing Wire Transfer: $25
Fees vary by location and payment method.

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Cryptocurrencies

BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM & 10+ more

Deposit method

Bank transfer, Credit card, Debit card, Neteller, PayPal, Online banking, Skrill

Trading fee

Fees vary. Overnight and weekend fees apply

Withdraw fees

US$5 (minimum withdrawal of US$50)

How do I create an account at CEX.IO?

To being using CEO.IO, follow these steps.

  1. Go to CEX.IO and select Create Account.
  2. Enter your email address, choose a password and read and consider CEX.IO terms and conditions.
  3. Confirm your registration via email.
  4. Go to the account settings to verify your identity. This involves providing identification, such as a driver’s license or passport.
  5. Make a deposit with your payment method of choice.
  6. Go to the market of your choice and start trading.
Go to CEX.IO's website

What else do I need to know about CEX.IO?

CEX.IO is based in London. It was founded in 2013 as a cloud mining company, and started its cryptocurrency exchange in 2014.

It closed down its cloud mining operations in 2015, but kept on going as a cryptocurrency exchange.

Today it’s a relatively well-known and venerable cryptocurrency exchange.

In a nutshell

Pros

  • Competitive trading fees. CEX.IO’s tiered trading fee structure is competitive compared to other fiat to crypto exchanges.
  • Card payments. Card deposits and withdrawals are a convenient option.
  • Combined trading platform and broker. CEX.IO users can trade with each other, or buy directly from CEX.IO as a broker.

Cons

  • High card fees. Credit card deposits and withdrawals are fast and convenient, but expensive.
  • Limited coin selection. CEX.IO offers a limited range of cryptocurrencies compared to many other exchanges.
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Frequently asked questions

Go to CEX.IO's website
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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2 Comments

    Default Gravatar
    mark
    December 18, 2017

    Hi, I deposited 500 euros at CEX.io via credit card. When is was available to buy BTC is was only 448 euros. Is this correct. They charged a fee on top of my credit card deposit and then deducted another 52 euros from my CEX account. Any help is welcome. Thanks.

      Avatarfinder Customer Care
      May
      January 3, 2018

      Hi Mark,

      Thanks for your question.

      Sorry for the delay. Although I cannot do the exact math for you, there’s actually a fee of 3.5% + $0.25 when you buy BTC using your credit card on CEX.IO. Apart from that, buying bitcoin comes with a 7% transaction fee, and you may lose a bit of value on your fiat currency from the exchange rate. Fees on CEX.IO also vary depending on the transaction. So, this could explain the credit card fee you incurred and 52 euros taken from your account. Nevertheless, it’s always good to note that with crypto currencies, fees are possibly charged when you buy or sell, as to how much, that depends on the exchange platform you use and the rates they charge.

      Cheers,
      May

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