CEX.IO Nigeria cryptocurrency exchange Review

CEX.IO was established in the year 2013 and it started as a cloud mining services provider. Since its inception in 2013, it has steadily evolved into a versatile cryptocurrency exchange. Apart from the cryptocurrency exchange business, CEX.IO provides cryptocurrency trading via its web trading platform.

CEX.IO offers its customer opportunity to choose from wide varieties of account types. This enables traders to select and trade crytocurrencies with account type that has the condition that perfectly fit their style.

CEX.IO is well recognized globally and can be easily accessed by traders residing in more than 220 countries around the world. It must be noted that some countries are excluded from the CEX.IO offering. This exclusion can be due to regulatory prohibition or global financial blacklist.

Cryptocurrency traded on CEX.IO

Trading on CEX.IO involves DASH, BTC, ETH, Ripple, Bitcoin Gold, ZEC, and Bitcoin Cash on one side while on the other side are several flat currencies. The flat currencies that are located on the other pairing side are Ruble, Euro, British Pounds, Dollar and so on. Therefore, Ethereum and bitcoin are the crypto that can be bought and sold on CEX.IO platform. All those that trade using these cryptocurrency on this platform will have to trade pairings between Ethereum and flat currency as well as Bitcoin and flat currency.

ETH/RUB and many more
Deposit and withdrawal methods on CEX.IO

There are lots of deposits and withdrawal methods on CEX.IO. Each of these methods has its deposit and withdrawal limit. The account type used by the trader is the major determinant of the funds withdrawal and deposit limit. Basic account offers the most limitation while customers on corporate and verified plus account have the lowest limitation. The following channels can be used to deposit and withdraw funds from CEX.IO

Wire transfer (SEPA and SWIFT)
Fees and charges on CEX.IO

The three types of fees charged on CEX.IO are as follows:

Margin trading fee
Transaction fee
Deposit/withdrawal fee
CEX.IO security measures

Several measures have been put in place to safeguard CEX.IO platform and make it safe for traders to buy and sell cryptocurrency without entertaining fear of hacks as well as theft of coins, cash or IDs. The measure that has been put in place to ensure maximum security are as follows:

Two-Factor Authentication
SSL certificate
Cold storage for your crypto funds
Encrypted data
Registered with the ICO in the UK
Internal AML/KYC policy and procedures
PCI DSS certificate
Advantages of CEX.IO

Fees are relatively low
Availability of cold wallet that protects client’s off-exchange cryptocurrency funds
The CEX.IO crytocurrency exchanged is properly registered
It provides a wide range of crypto for exchange and trading when compared with other exchanges.
Customer support

The CEX.IO provides an excellent customer support service, traders can reach them the following media:

Email: [email protected] (for business enquiry)

[email protected] (for accounts and card holder issues)

Address: 2nd Floor, 1-5 Clerkenwell Road, London, EC1M 5PA, United Kingdom