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Cex.io Review – Is Cex.io Legit?
Cex.io may be a scam, but it is legit. Read on to find out more about this cryptocurrency exchange. The program has a simple user interface, high purchase limits, credit card functionality, and a mobile app. The company also charges very low transaction fees.

What is Cex.io?
CEX is a well-known exchange platform where users can trade digital currencies for fiat currencies and buy and sell digital currency. Its user-friendly interface makes it easy for beginners to get started with cryptocurrency. The company also offers competitive transaction fees, and you can purchase digital currencies instantly using your debit or credit card.

Is it legal?
When CEX first entered the market, they were one of the few exchanges to offer fiat-crypto transactions. CEX is based in London and has more than four million registered users. The company began as a Bitcoin cloud mining service and soon expanded to offer exchange services via smartphone apps. CEX has also joined forces with other organizations to promote the use of crypto currency.

CEX is a trusted place to trade and invest in cryptocurrencies. To protect your funds while trading, the company requires account verification. It also uses a level two DDS certificate to secure your payment information.

Staking
Cex is simpler to use than other cryptocurrency. It offers a range of services, trading pairs, and security features. It supports credit card deposits and is much more user-friendly that competitors like Coinbase. To ensure account security, users can set up two-factor authentication. To receive withdrawals, users can set up a pin code via their mobile devices.

Staking is an investment method in which users stake their own digital assets for a certain period of time. It is highly profitable, but it is not risk-free, as token values are unpredictable. Staking is best for long-term investment. In addition, rewards may change from time to time, depending on the state of the network and the performance of individual validators. This means that it is important to understand how staking works, and how long you plan to keep your crypto assets.

Customer Service
CEX is an easy way to purchase cryptocurrencies. This is a great option for both beginners and more experienced traders of cryptocurrency. The company also maintains an excellent reputation for security. Although CEX experienced a hacking incident in 2013, the vulnerability was fixed shortly thereafter, and the company has not suffered a major security breach since. They have security protocols that include protection against DDoS attacks and full data encryption.

Fees
CEX supports more than 15 cryptocurrencies as well as several fiat currencies. Some of the cryptocurrencies are only available with specific services, while others are supported across the board. Fiat currencies supported include the US Dollars (USD), Euros (EUR), British Pounds (GBP), and Russian Rubles (RUB). The exchange also lets you purchase digital currencies with fiat currency.

CEX’s user interface is simple to use, and allows for quick access into cryptocurrency. The cross-platform app makes it easy for you to keep track of your account wherever you are. The company’s most recent developments include the introduction of new cryptocurrencies as well as a more sophisticated trading platform. It also plans to introduce margin trading in the future. However, its fees are high, and they are hidden in the fine print. Recently, the exchange stopped accepting wire withdrawals in USD and GBP.