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RE: HowTo Buy Crypto – Part 6: CEX•IO

in #howto6 years ago (edited)

CEX.IO is a cryptocurrency exchange and former Bitcoin cloud mining provider. As an online digital currency exchanger, CEX.IO offers trading cryptocurrency for fiat money, such as USD, EUR, GBP and RUB. The exchange charges 0% to 0.2% commission on trade operations, according to the Maker-Taker fee schedule.The list of cryptocurrencies introduced on the platform includes Bitcoin, Ether, Ripple, XLM, Bitcoin Cash, Dash, Zcash, and Bitcoin Gold.

CEX.IO is registered as a Money Services Business within FinCEN (USA). The exchange possesses a PCI DSS certificate (Level 2) proving that the exchange shows a required level of security and due diligence for storage, processing and transmission of payment card data. CEX.IO applies Anti Money Laundering and Know Your Customer policy to all clients. Two-Factor Authentication via Google Authenticator or SMS/phone call is available for account security measures.

In 2017, CEX.IO experienced an influx of negative feedback from users complaining about long verification and transaction processing. The exchange representatives explain this issue by the increased users inflow and work on strengthening customers’ security.better source needed.

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Thanks for reminding everyone of wikipedia. It's another fantastic source.

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