CEX Review: Are They Reliable?
In this CEX review, we’ll be going over some brief history of the exchange, the pros and cons, the fees, and the overall user experience while using the exchange.
And don’t worry, we know you don’t have all day to sit around reading crypto articles, so we’ve kept it straight to the point and outline the exchange's key factors.
What is CEX?
CEX was first established in 2013 in London, originally operating as a bitcoin exchange and a cloud mining provider.
Today CEX operates solely as a cryptocurrency exchange where you can trade multiple different cryptocurrencies using their trading platform or brokerage platform, depending on your trading skill level.
In recent years they have come under fire due to a lack of customer service but have since improved the overall customer experience while using their exchange.
Like all crypto exchanges, CEX has it’s good points, and it’s… not so good points. So we’ve outlined a few below.
Pros & Cons of CEX
- The choice between brokerage or trading platforms which is perfect for beginners
- Easily deposit funds via credit card
- Well developed mobile app
- Advanced trading options
- Fees can get high when using the brokerage platform
- Customer support can be unhelpful
To see more of their services, click here to view their site.
Is CEX Safe to Use?
CEX has been around for a long time. In this time, it has established a great company reputation and has proven to be a reliable and trustworthy exchange.
Does CEX Have a Mobile App?
Yes, CEX has a very well developed app that allows you to trade on the go.
CEX Review Conclusion
Overall, CEX is one of the best exchanges on the market today. The only thing that may be of concern is a slight lack of customer service. However, recently it seems they have been working very hard on improving their overall customer experience, which seems to be working well.
I have used CEX several times and have never been let down. It’s a great exchange, very simple to use, and perfect for beginners traders, and also allows some advanced trading options for the more seasoned trader.