Buy CEX Account
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What is CEX?
CEX.io is a cryptocurrency exchange platform based in Gibraltar. It supports a variety of digital assets and accepts several deposit methods. Advanced users and novices alike will appreciate CEX.io, which is great for both seasoned and green traders looking to buy or sell cryptocurrencies.
Is CEX.io a scam? Is it safe to use CEX.io? The site is both legitimate and secure; it has been registered as a Money Services Business in the United States. The Financial Crimes Enforcement Network (FinCEN) is the entity that granted it its license (for example, FinCEN’s website). As a result, they’re unlikely to pull an exit scam on you suddenly!
CEX.io enables users to benefit from the highest level of protection available on the market through its DSS certificate, which is also referred to as a level two DSS certificate. This implies that it has demonstrated that it can store, process, and transmit payment card data with a certain degree of security.
However, Cex.io should not be regarded as completely safe. It’s a cryptocurrency exchange, after all. Because they keep a lot of different currencies on hand, it makes them a tempting target for hackers.
The history of digital currency is rife with instances of exchanges being hacked, and there’s no indication that will change. This is why you should never store your cryptocurrency on an exchange! Instead, use a good wallet like MyEtherWallet or Exodus.
CEX.io was launched in London, UK, in 2013. It was originally a cloud mining firm that ran the Ghash.io pool. In 2014, GHash was one of the world’s most prominent mining pools.
In early 2015, CEX.io decided to stop providing cloud mining services due to the low Bitcoin price at the time as well as its lack of possession of mining hardware. The GHash.io mining pool was shut down. CEX.io, on the other hand, would exist solely as a cryptocurrency exchange platform after this decision was made.
Why use CEX?
Mentioning the target audience is crucial for a CEX.io review. CEX.io is suited to both novice and expert traders. The following are some of the characteristics that make up a solid account for both users types:
How Does CEX.IO Benefit Beginners? There are a few factors that contribute to this:
Very user-friendly interface
Even if you have never used a cryptocurrency exchange platform before, CEX.io will be straightforward to understand.
Great support section.
It might be difficult for novice traders or investors to buy digital currency for the first time. Many FAQs are available in the help section of the website, and if that isn’t enough, contacting CEX.io is simple thanks to the email request form.
Advanced buying and selling options
Users must look for more advanced purchasing and selling choices. Because some exchanges provide users with a page like the one below, it makes the process less frightening. This is understandably worrying to them.
Here’s why CEX.io is beneficial for advanced users:
- The selling options are similar to those on other platforms. It provides all of the features that a sophisticated platform should have. They’re shown on a clear and simple-to-navigate website (pictured above).
- It is able to trade on a margin (using borrowed money). This is one of those practices that should only be undertaken by seasoned traders.
- There are no limits for verified users. Using a range of different deposit and withdrawal options, you’ll be able to create huge profits and withdraw them with ease if you’re a seasoned trader. Isn’t it great?
Advantages of CEX
- This is where you’ll get all of the information on support. If you’re having trouble figuring out how to do anything on CEX.io, there’s a good chance there’s a page in the help section that explains it in further detail. nIf not, CEX provides an easy-to-use email help form.
- The exchange provides a variety of trading pairs and various fiat currencies to select from. This implies you may trade different cryptocurrencies using your chosen currency. There’s no need to go back to Bitcoin first. With fewer trades, there are less fees!
- The design and layout are fantastic. It’s easy to understand and use, with no confusing features or buttons. Even the more complex trading windows are simple to read and navigate. This makes visiting CEX.io a pleasure for newcomers and ideal for novices.
- Matching options are another method of trading that can provide a lot of flexibility for the trader. Matching options (trade using borrowed money) are a highly risky type of trading that is not suggested for novices!
- The site is safe and secure. The firm is registered as a Money Services Business with the US Department of the Treasury’s FinCEN. It also has a level two DSS certification, which is verified by DSS.
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