CEXIO
🏆 Arbi.TEAM 1/10
📋 Basic information
📊 Trading statistics
📖 About exchange
CEX.IO
One of the oldest exchanges with a focus on fiat gateways
Basic Information
| Founded | 2013 |
| Country | United Kingdom |
| Type | Centralized (CEX) |
| Trust Score | N/A |
| Rank | N/A |
| 24h Volume | N/A |
| Coins | ~100 |
| Pairs | ~150 |
History
CEX.IO started operations in 2013 in the United Kingdom. Initially positioned as a cloud mining platform, it quickly shifted to cryptocurrency trading. In 2014 CEX.IO was one of the first to support USD and EUR deposits and withdrawals via bank transfers.
In 2016 the exchange obtained an Electronic Money Institution (EMI) license in the UK, allowing expanded fiat operations. In 2019 CEX.IO launched staking and a loyalty program. Leveraged trading and a mobile app were added in 2020.
CEX.IO has survived several market cycles and maintained its reputation through a conservative risk management approach. In 2022 the exchange halted new user registrations from Russia due to sanctions. The company continues operations focusing on the European market.
Key Features
Fiat Gateways
Deposits and withdrawals in USD, EUR, GBP via bank cards and transfers.
Banking License
EMI license in the UK, increasing trust and regulatory compliance.
Leverage Trading
Margin trading up to 3x on major pairs.
Staking
Earn yield on staking ETH, ADA, and other PoS assets.
Mobile App
iOS and Android apps with full functionality.
CEX.IO Broker
Simplified interface for buying crypto at fiat price.
Trading Fees
| Operation | Fee |
|---|---|
| Spot Trading (maker) | 0.16% |
| Spot Trading (taker) | 0.25% |
| Card Purchase | 2.99% + fixed |
| Crypto Deposit | Free |
| Crypto Withdrawal | Network dependent |
Security
CEX.IO uses cold storage, 2FA, SSL encryption, and suspicious activity monitoring. The banking license requires the exchange to adhere to strict security and financial reporting standards. The exchange has never been hacked in its entire history, a strong argument in favor of its reliability.
Geography & KYC
The exchange is registered in the United Kingdom. KYC is mandatory for all users. Verification is supported via passport and ID card. Since 2022 new user registrations from Russia have been suspended. The US and several other countries are also not served.
Pros & Cons
Pros
- Reliable European regulatory status
- No hacks in its entire history
- Convenient fiat gateways
Cons
- High spot taker fees
- Not serving Russia since 2022
- Limited coin selection
User Reviews
European users highly rate the ability for direct bank transfers and fast card withdrawals. Beginners praise the simple CEX.IO Broker interface. Main complaints concern high card purchase fees. Trustpilot rating is 4.0 out of 5.