If you are looking for a reliable crypto trading platform to start trading and investing, or to diversify your portfolio, Cex.io is among the top free cryptocurrency trading platforms.
Cex.io – What is Cex.io?
Cex.io is a free crypto trading platform established in 2013. So far, the platform is used by more than 3M traders and investors around the world. There, you can buy and sell cryptos or exchange them for Fiat money.
99% of countries are supported, and 47 States in the United States.
The reputation of Cex.io is even stronger because of its rate of lost funds: since 2013, the platform lost 0% of customers’ funds! (If you’ve ever heard of trading platforms hacks, you know that this is a great achievement!)
In 2013 CEX.IO LTD was established in the UK and since then, the company focused on customer experience: consider that Cex.io allows credit and debit card deposits and withdrawals and you can manage everything also on their official mobile app.
The credit and debit cards withdrawal and deposits are fast and secure: you can trade and invest in seconds, something that is extremely appreciated by traders around the world – we know that time matters, especially in trading, and this speed is hard to find elsewhere!
Moreover, Cex.io cooperation with several banks allows users to trade and invest via bank transfers.
Cex.io – Cryptocurrency Loan
Cex.io offers crypto-backed loans.
The platform provides you with a calculator to evaluate the best terms and rates of interest – interest rates start from 8%.
The collateral is based on a 50% loan to value. If the loan to value reaches 95%, the position is liquidated.
You can get a loan in Euro (€) or US Dollars ($). Loans are backed by Ethereum and Bitcoin.
If you have enough funds, you receive an immediate loan to your Cex.io account, and you can withdraw by bank card, wire transfer or Skrill.
Cex.io – Staking Cryptocurrency
Staking means that you hold cryptocurrencies funds in your account, and receive rewards for that.
To participate in staking, you need to buy supported cryptos. Cex.io supports:
Rewards consist of shares of the crypto you are staking, and they are deposited once a month to your account.
Even if you use the cryptos you are staking to trade, the platform takes into account the amount staked in the specific time period.
Cex.io – Cex.io Broker
Cex.io Broker is a service provided by Cex.io that allows you to use margin trading.
Margin trading is a method of trading that allows you to trade using funds provided by third parties.
Cex.io Broker supports also Forex pairs and provides leverage up to 100x!
Cex.io margin trading is available only for specific countries.
- It is extremely easy and fast to deposit and withdraw funds;
- The loan option;
- Low fees;
- Knowledge base;
- Trading charts;
- Speed! Once again: time is important, and it is fundamental to trade and invest on a platform that makes your life easier!
- Support: the support is fast, clear and kind;
- Security. As I wrote, the platform has never lost customers’ funds and the Two-Factor Authentication is available;
- Updates: you can constantly check the platform status and, if you want, you can receive specific updates even on your mobile phone;
- Cex.io Broker is not available to all countries supported by Cex.io;
- For some minor altcoins pairs liquidity is not as high as on other platforms.
Cex.io – Conclusions
Cex.io is among the top crypto exchange platfomrs, and it’s free.
Fees are extremely low and there are several pairs available.
Even if Cex.io services have no costs for you, they are extremely professional and cover all the needs of a trader or an investor who wants to join cryptos seriously.
In fact, the platform also provides you with a free knowledge base to make informed decisions.
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