Review: CEX.IO cryptocurrency exchange

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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

4

Fiat currencies

22

Cryptocurrencies

Details

Product Name CEX.IO Cryptocurrency Exchange
Fiat Currencies USD, EUR, GBP, RUB
Cryptocurrencies BTC, BTG, BCH, LTC, DASH, ETH, XRP, ATOM, ADA, TRX & 10+ 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%
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, GBP, RUB
  • Supported cryptocurrencies: Approximately 22 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 27 February 2020.

Platform trading fees

</tr

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.

GBP

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

EUR

Payment methodDeposit fee
Visa2.99%
Mastercard2.99%
Bank transferNone
ACHNone

USD

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

RUB

Payment methodDeposit fee
Visa2.99%
Mastercard2.99%
Withdrawal fees

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

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
Bank transfer0.3% + £25
Faster paymentsNone

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
Bank transfer0.3% + €25
SEPANone

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
Bank transfer0.3% + $25
ACHNone

RUB

Payment methodWithdrawal fee
Visa1.5% + ₽20
Up to 2.5% + ₽30 commission fee
Mastercard1.5% + ₽20
Up to 2.5% + ₽30 commission fee

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 with the Information Commissioner’s Office in the UK, and is registered as a money services business (MSB) with FinCEN in the USA. 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 in the UK

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Name Product Deposit methods Fiat Currencies Cryptocurrencies
Credit card
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EUR, GBP, NZD, USD, AUD, CAD, HKD, SGD, CHF, NOK & 5+ more

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Bank transfer
Credit card
Debit card
Bank transfer (SEPA)
Wire transfer
GBP, EUR, USD

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Debit card
Bank transfer (SEPA)
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USD, EUR, AUD, CAD, GBP, JPY

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Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support.

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Cryptocurrency
Electronic Funds Transfer
Bank transfer (SEPA)
Wire transfer
Fiat currencies
GBP, AUD

9
cryptocurrencies

Electronic Funds Transfer
Bank transfer (SEPA)
Wire transfer
Ethana Custody
USD, EUR, GBP, JPY, CAD, CHF

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cryptocurrencies

Buy, sell and trade a range of digital currencies on this high-liquidity exchange – suitable for beginners right through to advanced traders.

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Bank transfer (ACH)
Credit card
Bank transfer (SEPA)
Faster Payments Service
USD, EUR, GBP, RUB

22
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
Use your USD, EUR or RUB to buy and sell cryptocurrency at competitive exchange rates and with high maximums for verified accounts.
Paybis Cryptocurrency Exchange
AdvCash
Credit card
Debit card
Neteller
Payeer
USD, EUR, GBP, CAD, JPY

9
cryptocurrencies

Buy Bitcoin and other popular cryptocurrencies with credit card or debit card on this digital cryptocurrency exchange.

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Cash
Credit card
Cryptocurrency
PayPal
Western Union
DZD, XCD, ARS, AMD, AWG, AUD, AZN, BSD, BHD, BDT & 140+ more

1
cryptocurrency

Connect with bitcoin buyers and sellers through this peer-to-peer marketplace that accepts cash, credit and more than 300 other payment methods.
Cash
Credit card
Cryptocurrency
Neteller
Bank transfer (SEPA)
SOFORT
EUR, GBP, CHF, USD

34
cryptocurrencies

A European exchange which enables users to pay in EUR, GBP, CHF and USD through a variety of payment platforms.
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HiveEx.com is an over-the-counter (OTC) cryptocurrency platform specialising in high-volume trades.

  • Trade between £25,000 and £50m for a fixed price
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  • Access competitive rates compared to traditional exchange trading
  • Receive your coins in your wallet fast, with same day settlement options
  • As an AUSTRAC registered company, HiveEx.com is fully compliant with industry-standard AML and CTF obligations
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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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