Is CEX.io Safe to Buy Bitcoin and Other Cryptocurrencies?
I can undoubtedly say that CEX is a legit and safe platform to buy Bitcoin and other cryptocurrencies that supports numerous currencies and countries. CEX platform allows you to add funds using debit card, credit card, wire transfer and other coins.
Some remarkable features of CEX:
- Supports four different currency units; USD, EUR, RUB, GBP
- Mobile app available.
- Offers 2-factor account authentication.
- Buy Bitcoin and Ethereum using credit or debit card.
- Exceptional customer support.
- Low fees on credit/debit card deposits.
- Free wire transfer and coin deposits.
CEX.io Buying Limits
CEX.io offers four different type of accounts in terms of transaction limits – Basic, Verified, Verified Plus and Corporate.
- Basic Accounts – transaction cap of $500 worth of Bitcoins a day and $2000 worth of Bitcoins a month.
- Verified Accounts – transaction cap of $10,000 worth of Bitcoins a day and $100,000 worth of Bitcoins a month.
- Verified and Corporate Accounts – no transaction cap.
CEX.io is one of the most welcoming Bitcoin exchange platforms. It supports credit card payments from all the countries except Afghanistan, Algeria, Bahrain, Iceland, Iraq, Kuwait, Lebanon, Libya, Nigeria, Oman, Pakistan, Palestine, Qatar, Saudi Arabia, Yemen and Vietnam.
CEX.io Bitcoin Exchange – My Thoughts
CEX.io sticks out as a reliable and dependable online exchange platform to buy and sell Bitcoin and Ethereum. The platform comes with a groovy, easy to use and fast interface. Two factor account authentication ensures the security of account and transaction and the customer support is fulfilling which is not seen very common among bitcoin and cryptocurrency exchanges.
Users can deposit funds into their account by credit and debit card in order to buy Bitcoin. Even though 7% fee seems high, it is still lower compared to what other exchanges charges for this payment option. Indeed, they would attract way more Bitcoin traders if they lessen the 7% fee which I am expecting in coming months. Credit card option is a great advantage for traders who like to invest in Bitcoin and Ethereum but are not able to do so due to the governmental and regulative restrictions.
CEX.io is a renowned and reliable exchange platform to buy / sell Bitcoin and Ethereum. The platform is fast, payment methods are abundant and security is granted. The fee for credit card deposit may look high but the pros such as trustworthiness and ease of use of this exchange easily balances out 7% fee.
Do you already have an account with CEX.io? How is your experience been? Please let other people know in the comments section below.