In today’s review, we will be looking at a popular UK-based exchange, CEX.IO, and analyze the features, security, pros and cons that come with this service.
CEX.IO Review: Exchange Overview
CEX.IO was first established in 2013 in London, starting out as a Bitcoin exchange and cloud mining service. Its mining pool was known as Ghash.io, and at some point in time, it managed to amass 42% of the total network mining power.
But in January 2015, Cex.IO closed its cloud mining operations, and now it only offers cryptocurrency exchange services.
The exchange is registered as a private limited company in the UK, and it is compliant with the FinCEN in the US and ICO in the UK, meaning it complies with standard KYC (know your customer) and AML (anti-money laundering) policies which require user identity verification.
Supported Currencies and Available Countries
CEX.IO supports 16 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Dash, Bitcoin Cash, Bitcoin Gold, Ripple, Stellar lumens, BitTorrent, Tron, Gemini Dollar, Zcash,…