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CEX.IO bitcoin marketplace review

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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

133

Fiat currencies

14

Cryptocurrencies

Details

Product Name CEX.IO Cryptocurrency Exchange
Fiat Currencies USD, EUR, RUB, GBP & 125+ more
Cryptocurrencies BTC, BTG, BCH, LTC, DASH, ETH, XRP, ZEC & 3+ more
Deposit Methods Bank transfer (ACH)
Credit card
Bank transfer (SEPA)
Faster Payments Service
Trading Fee Maker: 0-0.16%
Taker: 0.10-0.25%
Instant buy: 7%
Deposit Fees VISA & Mastercard: 2.99% (USD), (GBP), (EUR) , (RUB)
Bank transfer: None
SEPA: None
ACH: None
Faster Payments: None
Withdrawal Fees Mastercard and VISA: Fees vary
Bank transfer: 0.3% + $25 (USD), 0.3% + €25 (EUR), 0.3% + £25 (GBP)
ACH: None
SEPA: None
Faster payments: None

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.
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Learn more about CEX.IO

What fiat and cryptocurrencies are supported?

  • Supported fiat currencies: USD, EUR, RUB, GBP & 125+ more
  • Supported cryptocurrencies: Approximately 14 cryptocurrencies

Which payments methods are accepted?

Available payment methods vary per market.

  • Bank transfer (ACH)
  • Credit card
  • Bank transfer (SEPA)
  • Faster Payments Service
Go to CEX.IO's website

What’s it like to use CEX.IO?

Fees and limits

The fees below are accurate as of October 15, 2019.

Platform trading fees

≤ 10000.15%0.08%

30 day trade volume (BTC) Taker Maker
≤ 5 0.25% 0.16%
≤ 30 0.23% 0.15%
≤ 50 0.21% 0.13%
≤ 100 0.20% 0.12%
≤ 200 0.18% 0.10%
≤ 3000 0.13% 0.04%
≤ 6000 0.11% 0.00%
> 6000 0.10% 0.00%

Deposit and withdrawal fees

Deposit fees

Available deposit options and fees vary depending on the currency.

USD

Payment method Deposit fee
Visa 2.99%
Mastercard 2.99%
Bank transfer None
Faster Payments None

EUR

Payment method Deposit fee
Visa 2.99%
Mastercard 2.99%
Bank transfer None
ACH None

GBP

Payment method Deposit fee
Visa 2.99%
Mastercard 2.99%
Bank transfer None
Faster Payments None

RUB

Payment method Deposit fee
Visa 2.99%
Mastercard 2.99%
Deposit and withdrawal fees

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

USD

Payment method Withdrawal fee
Visa Up to 3% + $1.20 service fee
Up to $3.80 commission fee
Mastercard Up to 1.8% + $1.20 service fee
Up to 1.2% + $3.80 commission fee
Bank transfer 0.3% + $25
ACH None

EUR

Payment method Withdrawal fee
Visa Up to 3% + €1.50 service fee
Up to €3.80 commission fee
Mastercard Up to 1.8% + €1.50 service fee
Up to 1.2% + €3.50 commission fee
Bank transfer 0.3% + €25
SEPA None

GBP

Payment method Withdrawal fee
Visa Up to 3% + £2.10 service fee
Up to £2.90 commission fee
Mastercard Up to 1.8% + £2.10 service fee
Up to 1.2% + £2.90 commission fee
Bank transfer 0.3% + £25
Faster payments None

RUB

Payment method Withdrawal fee
Visa 3% + ₽50
Mastercard 3% + ₽50

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.

How do I create an account at CEX.IO?

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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Compare CEX.IO against other exchanges

Name Product Deposit methods Fiat Currencies Supported Cryptocurrencies
Cash
Credit card
Debit card
Bank transfer (SEPA)
USD, EUR
BTC, ETH, ETC, BCH, LTC, ADA, QTUM, XRP
Buy coins like Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash with credit card.
Credit card
Debit card
PayPal
Wire transfer
Local Online Banking
EUR, GBP, NZD, USD, AUD, CAD, CHF, NOK, ZAR, JPY, SEK, TRY, HUF, PLN
BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM, EOS, NEO, TRX, ZEC, XTZ
Disclaimer: eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro. Your capital is at risk.

Copy the trades of leading cryptocurrency investors on this unique social investment platform. Non-US residents can read our review of eToro's global site here.
Bank transfer (ACH)
Bank transfer
Cryptocurrency
Debit card
Wire transfer
USD
BTC, ETH, XRP, BCH, LTC, USDT, BNB, ADA, ZRX, LINK & 10+ more
Get a US$15 bonus when you trade US$100 or more of any supported crypto. T&Cs apply.
Trade with USD on Binance.US, the American dollar onramp of the world’s largest cryptocurrency exchange. Non-US residents can read our review of Binance's main exchange here.

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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

  1. 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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