That’s why you should stick to the main platform and avoid using Instant Buy whenever possible. The default spot trading platform provides charts and multiple types of orders, so it’s a little advanced, but it doesn’t take too long to get the hang of it. In case you decided to exchange cryptocurrencies, for example, sell XRP for Bitcoin, analyze the market thoroughly. When you are logged in, click on “Cards” in the navigation menu to add your credit/debit card.
- Follow our easy step-by-step instructions below and buy Bitcoin directly on CEX.IO.
- Additionally, I found their customer support to be responsive and helpful whenever I had questions or encountered issues.
- CEX.IO offers a small library of articles and videos to teach people about cryptocurrencies and investing.
- This shows that the company cares about its customers and reputation.
- You can create more advanced trades through this platform, like conditional or stop limit orders for cryptocurrencies.
Buying Crypto Instantly
It has a lot of functions where you can buy and sell many different types of cryptos, etc. We are an independent, advertising-supported comparison service. If you have experience trading with CEX.IO please share your personal review of the broker and what you think are strong and weak points. If you have traded with CEX.IO we would really like to know about your experience – please submit your own review.
What are the key differences between centralized and decentralized cryptocurrency exchanges?
CEX.IO offers market and limit orders to allow users to decide how to execute a buy or sell order. Compared to other popular crypto trading platforms, the available order types are limited and do not include advanced risk management features or tools. However, more order types and risk management instruments are available on the margin trading platform CEX.IO Broker. You can access and use the debit card through the CEX.IO mobile app to make purchases.
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You’ll have access to more than 140 different cryptocurrencies, among the best in the industry. A slick mobile app makes it easy to keep track of your portfolio on the go and performs all the same functions as the web platform. If you’re interested in crypto staking to potentially earn rewards, CEX.IO doesn’t charge a fee like most other exchanges.
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By the way, cloud mining is a process of mining a cryptocurrency in a group or a pool. Users share processing power in the cloud, meaning they don’t need to own their own hardware. They are paid out a share of every block reward the pool earns.
This is the easiest way to buy bitcoin and is recommended for beginners. The fee for buying with a credit/debit card depends on which currency you use. If you use a card in your local currency – there can be some exchange fee charged by your CEX.io Review bank. In the fees and limits section above, there is a price table and more information. Below we have made a tutorial on how to buy bitcoin with credit/debit card. To help you, we have created a price table in the “Fees and Limits” section.
Because their order book has good liquidity, customers transact large orders, high-frequency trading such as scalping and more advanced strategies. I appreciate the platform’s user-friendly interface, which made it easy for me to navigate and execute trades. Additionally, I found their customer support to be responsive and helpful whenever I had questions or encountered issues. One of the standout features for me was the variety of cryptocurrencies available for trading, which allowed me to diversify my portfolio effectively. However, I did find that the fees for certain transactions could be slightly higher compared to other platforms I’ve used.
Finder.com compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. The account verification process can be a little cumbersome, but that is true with all top tier exchanges these days as regulations and laws around the world have tightened. This should also be seen as a plus point as you can be sure that they are abiding by the laws as any top exchange should do.
CEX.IO’s mobile app can help you to stay informed even while you’re on the go. The app features all the same functionality as the web platform including a detailed order book, tools for analysis and an instant buy/sell interface. CEXI.IO offers an iOS and Android-compatible mobile app that offers all the functionality of the desktop terminal.
