CEX.io is one of the oldest cryptocurrency exchanges for Bitcoin, Ethereum, and a variety of other cryptocurrencies. They provides both a trading platform and brokerage services. If you’re a beginner, it’s best to go with the brokerage alternative rather than the trading platform on the site. CEX.io is a FINCEN-registered exchange that follows industry-standard KYC (know your customer) and AML (anti-money laundering) procedures. This means you’ll have to authenticate your identification before you can use the exchange to acquire cryptocurrencies.
CEX.io gives you some unique features such as Spot trading, Futures Trading, OTC Trading and Margin Trading. The platform is available in over 220 countries and may be accessible by dealers from all around the world. The CEX.IO exchange does not accept US traders due to regulatory constraints.
Traders who use the Basic account have the highest restrictions on deposit and withdrawal quantities, whereas those who use the Corporate and Verified Plus accounts have the least restrictions.