CEX. IO ( http://cex.io/ ) was founded in 2013 with a mission to support global financial inclusion through the adoption of cryptocurrency and blockchain technology. As one of the most senior market players, CEX.IO a rich ecosystem of easy-to-use, secure solutions for buying, storing, trading, selling, sending and earning digital assets. With over five million registered users globally, CEX.IO provides best-in-class tools and technologies to retail, enterprise and institutional clients to help them leverage decentralized finance.

Overview CEX.IO.BROKER

Currently, CEX.IO.BROKER is an unregulated cryptocurrency exchange with a history of 5-10 years. With over 200 cryptocurrencies, it is suitable for both experienced and novice traders.

The platform offers competitive interest rates (0.00% to 0.25%) and different payment methods including credit cards, telegraphic transfers and e-wallets for the convenience of users worldwide. Responsive customer support through email addresses reflects their commitment to user satisfaction.

Pros and cons

Cons Reputation Extensive trading options Lack of regulation Diversified payment methods Unknown Responsive customer support Complex fee structure

Pros:

Reputation: With 5-10 years in the industry, CEX.IO.BROKER has a good reputation and history.

Rich selection of Cryptocurrency: Users can choose from more than 200 cryptocurrencies for transactions.

Diverse payment methods: exchange supports multiple payment methods, including credit cards, telegraphic transfers (SWIFT, SEPA, FasterPayments), and e-wallets (Skrill, Epay, etc.), enhancing user convenience.

Responsive customer support: Multiple email channels, such as support@cex.io, complaint@cex.io, and partnerships@cex.io, demonstrate commitment to solving user requests.

Disadvantages

Excessive product supply: For novice traders, the plethora of products and services can feel overwhelming and can lead to confusion and decision paralysis.

Lack of regulatory oversight : Lack of regulatory oversight means that there is no external body to ensure fair conduct, security and compliance with financial standards. This lack of oversight can create risks for users.

Market Manipulation : Lack of regulatory oversight may increase the risk of market manipulation on the platform due to the lack of corresponding safeguards to prevent such activities.

Complex Fee Structure: The fee structure, while competitive, ranges from 0.00% to 0.25% and may be difficult for some users to understand.

Regulator

CEX.IO.BROKER. Operates under the supervision of the Gibraltar Financial Services Commission (GFSC), in accordance with FSC1345B Regulation Number.

CEX.IO.BROKER regulatory status is classified as "out of bounds", indicating compliance with regulatory standards. This license grants CEX.IO.BROKER digital currency license, confirming its compliance with regulatory requirements in the digital currency space.

Security

CEX.IO.BROKER prioritize the security of its users and assets by implementing strong security measures.

1. Two-Factor Authentication (2FA): CEX.IO.BROKER employs two-factor authentication, an extra layer that goes beyond passwords. Users can enable 2FA to add an extra step to the login process, significantly improving the protection of their accounts.

2. DDoS Protection: The platform employs Distributed Denial of Service (DDoS) protection to mitigate the risk of service disruption caused by malicious attacks. DDoS protection ensures the stability and availability of CEX.IO.BROKER services, even in the face of potential cyber threats.

Trading Tools

CEX.IO.BROKER provides a robust set of trading tools designed to enhance your trading experience, including an API, Bitcoin Calculator, and Bitcoin Price Widget.

Trading API: CEX.IO.BROKER provides trading APIs that enable users to automate their cryptocurrency trading strategies. With a reliable and stable API, traders can program to execute trades for more efficient and systematic trading.

Bitcoin Calculator: Bitcoin Calculator is a handy tool that helps users quickly and accurately convert Bitcoin amounts into various fiat currencies and vice versa. The Bitcoin Calculator provides valuable insights when planning trades or evaluating portfolio values.

Bitcoin Price Widget: Stay up to date on real-time prices with the Bitcoin Price Widget. This customizable widget allows users to display the current Bitcoin price directly on their desktop or mobile device, ensuring they are always up to date with market dynamics.

Fees

CEX.IO.BROKER provides details about its fee structure, deposit and withdrawal commissions, and account limits. Different fees apply to different payment options.

Maker-Recipient Fee Structure

Transaction fees are CEX.IO.BROKER determined by a user's 30-day volume, which is recalculated daily at 00:00 (GMT). For new and low-volume users, the rate structure includes a 0.25% receiver fee and a 0.15% creator fee.

30-Day Trading Volume, USD Receiver Creator ≤ 10,000.25% 0.15% ≤ 100,0000.23% 0.13% ≤ 500,0000.19% 0.09% ≤ 1,000,0000.17% 0.07% ≤ 2,500,0000.15% 0.05% ≤ 5,000,0000.13% 0.03% ≤ 10,000,0000.11% 0.01% ≤ 20,000,0000.10% 0.00% ≤ 50,000,0000.08% 0.00% ≤ 100,000,0000.07% 0.00%