In terms of Countries That Use Cex.Io…CEX is among the earliest Bitcoin exchanges around. Is it really the best location to buy Bitcoin? I’m Nate Martin, and we’re gon na take a much deeper look into CEX in our 2 minute evaluation. Founded in London in 2013, CEX started as a Bitcoin exchange and cloud mining service provider. In 2014 its mining pool, called G hash was so popular that it held 42% of the total network mining power. Today CEX operates exclusively as a cryptocurrency exchange. CEX is signed up with FINCEN and applies standard Know Your Consumer and Anti-Money Laundering policies, meaning it needs identity verification. CEX’s two main services are its brokerage service and its trading platform.
CEX’s trading platform provides all of the basic trading functions, has good liquidity, enables trading from numerous devices and likewise supplies you with advanced reporting. Well, while fees on the trading platform max out at point 2 5 percent, CEX’s brokerage fees can reach up to 7%. CEX also operates CEX Broker, an innovative platform for cryptocurrency derivatives trading which includes a range of order types, technical analysis instruments, trading tools and leveraged trading.
of grievances originate from the rather covert and reasonably high brokerage service charge. To conclude, CEX is a strong exchange, with the main disadvantage being the high costs charged for their brokerage service. More experienced traders can avoid the high broker charges by utilizing the trading platform on their own. Make it 3.9 Stars from us here at 99Bitcoins as we consider it a dependable platform with a range of features for both newbies and knowledgeable traders. Have you used CEX? Let us know what you think in the comments below. And if you haven’t, you can register or read our extensive evaluation using the link in the description listed below. That’s today’s 2 minute crypto evaluation and I’ll see you … in a bit. If you’ve enjoyed this video, leave us a thumbs up and make sure to click the alert and subscribe bell so you don’t miss a review, news update or the clearest info about Bitcoin and cryptocurrencies anywhere.
hey y’ all i’m crypto beau and today we’re discussing cex dot io the cexiest crypto exchange on the market and look i have actually seen them all and no other crypto channel has made that incredibly obvious joke get soaked on you nerds i don’t understand what that indicates i’m bo a blockchain developer and bitcoin true believer i can be your guide in responding to these concerns however what i can not be is your financial advisor so prior to you decide to invest your hard-earned money please please please do your research consult your monetary advisor consult your partner maybe get a get your palm read and compromise a chicken if however you do decide that you wish to throw some money into cryptocurrency please use among the links in the description to register for an exchange and buy your crypto some like coinbase will reward you for signing up through that link but all of them will help support the channel so we can keep putting out quality crypto content and i can stop accompanying the gates’s on their hunting expeditions with the formalities out of the way let’s enter today’s evaluation in four words c x dot io is pretty good pretty good better than expected let’s start with some background c x dot io was founded in london in 2013. initially referred to as the g dot io mining swimming pool in 2014 g hash controlled around 42 of the overall network mining power in early 2015 cex dot io moved away from cloud mining services due to the low bitcoin costs and established the exchange cex dot io that we understand today but let’s get to the most essential quality of any crypto exchange trust like many exchanges that i would personally recommend cex is respectable here it’s registered in the united states as a money services business and accredited by fencing but your usd balance is not safeguarded Countries That Use Cex.Io