CEX.IO is a multi-functional cryptocurrency exchange that allows customers to instantly buy/sell cryptocurrencies, trade crypto assets, or exchange them for fiat currencies.
CEX.IO crypto exchange platform provides access to the high liquidity order book for top currency pairs in the market and offers cross-platform trading via mobile app, website, WebSocket, and REST API. Over years the exchange has developed a multi-level account system, with an individual approach to each customer from beginners to institutional traders that guarantees the safety of assets and data. But CEX.IO wasn’t always a cryptocurrency exchange.
CEX.IO was established in 2013 as the first cloud mining provider. They were the owners of GHash, which was a leading cloud mining service provider at that time. But CEX.IO closed down its cloud mining services in 2015 due to low BItcoin prices. Another contributing factor that led them to close GHash was that they did not own any mining hardware. Their domain CEX.IO continued to operate but only as a crypto exchange.
The company is known for its innovation and offers a vast array of products that serve the needs of people in the crypto industry. It has about 4 million users all around the world. Oleksandr Lutskevych is the founder and CEO at CEX.IO. Oleksandr has over 15 years of expertise in the IT industry and is one of the inventors of cloud mining. Today, CEX.IO has become one of the best cryptocurrency exchanges in Singapore. With a large user base in Singapore, CEX.IO has established itself as one of the largest cryptocurrency in Asia.
CEX.IO is a trustworthy platform as it has been registered in the United States as a Money Services Business. CEX.IO is registered with FinCEN, a U.S based agency that deals with financial crimes, so it’s less likely that the company is going to pull any kind of exit scam.
Bank transfer withdrawal requests on CEX.IO are processed within 24 hours on business days. Once the payment is processed by the CEX.IO finance team, it will take some time to reach the bank account of customers. However, it depends on the banks processing rules.
Yes, you can raise your deposit/withdrawal limits to speed up transfers to and from your CEX.IO account. To increase your deposit and withdrawal limit, you will need to apply for a higher verification level by visiting the Limits & Commissions section of the CEX.IO website.