In terms of Is Cex Io Good…CEX is one of the oldest Bitcoin exchanges around. But is it really the very best location to purchase Bitcoin? I’m Nate Martin, and we’re gon na take a deeper check out CEX in our 2 minute evaluation. Founded in London in 2013, CEX started out as a Bitcoin exchange and cloud mining service provider. In 2014 its mining swimming pool, called G hash was so popular that it held 42% of the overall network mining power. Today CEX operates solely as a cryptocurrency exchange. CEX is signed up with FINCEN and applies basic Know Your Customer and Anti-Money Laundering policies, indicating it needs identity verification. CEX’s 2 main services are its brokerage service and its trading platform.
The brokerage service enables you to purchase cryptocurrency using a card or wire transfer. CEX’s trading platform provides all of the standard trading features, has decent liquidity, permits trading from numerous gadgets and likewise provides you with advanced reporting. The primary difference between the two services is ease of use and charges. Novices might be much better off using the brokerage service: it’s as easy as it gets, while more experienced traders can utilize the trading platform and save A LOT on charges. Just how much can you save? Well, while costs on the trading platform max out at point two five percent, CEX’s brokerage fees can rise to 7%. CEX also operates CEX Broker, an advanced platform for cryptocurrency derivatives trading which features a variety of order types, technical analysis instruments, trading tools and leveraged trading. When it concerns support, CEX seems to be doing an OK job ensuring to address every negative evaluation got. The majority
of problems come from the reasonably high and rather covert brokerage service fees. To conclude, CEX is a solid exchange, with the primary drawback being the high charges charged for their brokerage service. More experienced traders can avoid the high broker fees 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 novices and knowledgeable traders. Have you utilized CEX? Let us know what you think in the comments listed below. And if you have not, you can sign up or read our extensive review utilizing 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 do not miss out on a review, news upgrade or the clearest details about Bitcoin and cryptocurrencies anywhere.
hey y’ all i’m crypto beau and today we’re talking about cex dot io the cexiest crypto exchange on the marketplace and look i have actually seen them all and no other crypto channel has actually made that extremely obvious joke get soaked on you nerds i do not know what that means i’m bo a blockchain developer and bitcoin true believer i can be your guide in addressing these questions however what i can not be is your financial consultant so prior to you choose to invest your hard-earned cash please please please do your research consult your financial advisor consult your partner possibly get a get your palm read and sacrifice a chicken if however you do choose that you wish to throw some cash into cryptocurrency please utilize one of the links in the description to sign up for an exchange and buy your crypto some like coinbase will reward you for signing up through that link however all of them will help support the channel so we can continue putting out quality crypto content and i can stop accompanying the gates’s on their hunting explorations with the rules out of the way let’s get into today’s evaluation in 4 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 known as the g dot io mining swimming pool in 2014 g hash controlled around 42 of the total network mining power in early 2015 cex dot io moved away from cloud mining services due to the low bitcoin prices 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 most exchanges that i would personally recommend cex is pretty good here it’s signed up in the united states as a cash services business and certified by fencing but your usd balance is not protected Is Cex Io Good