CEX.IO
Exchanges

CEX.IO

CEX.IO was first established as a cloud-mining provider in 2013 before becoming a multifunctional virtual currency exchange. Its users can trade top currency pairs on various platforms such as REST API, WebSocket, mobile app, or website. Currently, the exchange serves millions of customers worldwide.

Opening An Account

To register on CEX.IO, you should provide your email and password and then agree to the company’s terms of use and privacy policy. CEX.IO requires its users to verify their accounts. Previously, verification was only required for those who used fiat currencies for deposit or withdrawal.

How To Fund CEX.IO Account

CEX.IO accepts deposits in both fiat currencies and virtual currencies. The exchange only accepts deposits in GBP, EUR, and USD. The methods available to users include the Crypto capital transfer, payment cards, and wire transfer. Sometimes, your geographical location may have an impact on the available payment methods.

To top up your CEX.IO account in Cryptocurrencies, the funds must come from your external wallet. Visit the Finance Page where you will access a list of various virtual currencies such as Bitcoin, Ethereum, and Litecoin etc. Identify the coin you want to deposit and click “deposit”. You will get your wallet address that will send your funds to from your external wallet.

Always be careful not to send your funds to the wrong address as it will lead to the loss of your coins, as the process is not reversible. Copy the address and paste it on your external wallet to avoid any errors.

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Cryptocurrency Trade On CEX.IO

Once you have funded your account, the next step should be to trade. CEX.IO has a simplified interface that makes it easy for users to buy and sell their favorite Cryptocurrencies. The exchange provides its users with USD, EUR, GBP, RUB, and BTC trading pairs. This means you can buy your favorite Cryptocurrencies using the aforementioned currencies.

To improve your decision-making process when buying and selling different Cryptocurrency, you can go to “Market Data”. The easiest and most popular way of getting Bitcoin nowadays is through BTC/USD exchange. The users can easily access important data such as the last BTC price in USD that can help them to make their decisions. The exchange has a Bitcoin to USD chart to allow the users to access the latest changes in the market to help them make predictions that are more accurate.

How To Withdraw Funds From Your Account

Visit the “Finance” page where you will be provided with a list of Cryptocurrencies that you can withdraw. Click “withdraw” next to your preferred coin and enter your destination address and corresponding amount. For instance, if you want to withdraw Bitcoin, click “withdraw” and enter your other wallet’s address and amount. Confirm that you have double-checked and click “withdraw” to receive your funds.

CEX.IO also allows withdrawals in fiat currencies. The various withdrawal methods support different currencies. You can use Crypto capital transfer (USD/EUR), SEPA (EUR), Swift Bank transfer (USD/EUR/RUB) and VISA/MasterCard (USD/EUR/RUB).

To withdraw, go to the “Finance” page on your CEX.IO account and select “withdraw”. Enter the amount you want to withdraw and the card to credit to get the money in your card.

November 7, 2018

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Samantha Mitchell


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