CEX.IO Review: Is CEX.IO a Safe Method of Buying Cryptocurrency?
With huge gains in price, Bitcoin and Ethereum have been rapidly gaining exposure over the last year. This has left many cryptocurrency newcomers looking for a safe and beginner friendly method of buying these cryptocurrencies.
CEX.IO has been a well trusted name in the cryptocurrency community since 2013. In this CEX.IO Review, we’ll show you why we’ve ranked them as one of our top options. We’ll also aim to answer all the questions you have about this cryptocurrency buying option.
CEX.IO Review Key Information
CEX.IO has been a well trusted name in the cryptocurrency community since 2013. Based out of London, the company initially launched as both a Bitcoin exchange and cloud mining service.
2016 was a huge year for the company, with them making a variety of changes to their offerings. The first big news, was the addition of Ethereum to their exchange. CEX.IO then added easy buy and sell methods to users, to create a more beginner friendly product. They also closed their mining pool, to focus their efforts on their exchange.
CEX.IO allows users to buy and sell Bitcoin and Ethereum, using bank transfers and credit cards. Because they comply with all laws and regulations, in the jurisdictions that they operate, users will need to verify their accounts. Similar verification processes are required from all legitimate cryptocurrency sites, that deal in fiat currencies (USD, EUR, etc).
Originally published at buy-ethereum.io on June 28, 2017.