Cex Review


CEX started in 2013 as a cloud mining provider and later became a cryptocurrency exchange that won the hearts of more than a million people. It offers a wide range of instruments and a lot of options for deposit and withdrawals. CEX is one of the platforms that constantly adds new instruments for its users, and since its inception as a cloud mining provider, it continues to evolve according to the latest trends in the crypto market.

Pros / Cons
  • 4 FIAT options for deposit
  • All of the crypto is traded against FIAT
  • Regular exchange and Margin trading platform in one
  • Regulated
  • Lackluster UI
  • Cannot modify the UI
  • Low Leverage
  • Mandatory KYC
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CEX Features Review

Supported countriesWorldwide
Deposits10+ Cryptocurrencies, Credit/Debit cards, Wire transfer, SEPA
Min. Deposit20$
Max. Withdrawal LimitDepends on the account verification level
Trading fee0.16%
Supportlive chat
Mobile appiOS, Android

CEX Security Review

From the very beginning, CEX has not had any breaches or losses of user funds, which makes it one of the safest exchanges on the market. This is quite remarkable considering the number of breaches we see every day on other exchanges. With over a million users, it is necessary for CEX to maintain a high level of security. The platform uses basic security practices such as SMS log-in confirmation and direct-call confirmation all the way to the mandatory use of hot and cold wallets, DDOs protection, SSL certificates, etc…

We can easily consider CEX one of the best-secured exchanges and on top of that, it holds a number of certificates. The biggest one being a DLT license from Gibraltar, giving the exchange the opportunity to operate in Europe.

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CEX Deposits and withdrawals Review

You have the possibility to deposit through debit, credit cards, International Bank Transfer, Domestic Bank Transfer, SEPA, and Faster payments depending on the currency of your choice. 

You can deposit and withdraw the following fiat currencies:

  • USD
  • EUR
  • GBP
  • RUB

There are more than 14 cryptocurrencies for deposits and withdrawals on CEX. This is not a big number but enough for most of the new retail investors coming into this space. 

Available cryptocurrencies on CEX:

  • BTC
  • ETH
  • BCH
  • BTG
  • LTC
  • DASH
  • ZEC
  • XRP
  • And more…



You will not find any limits for cryptocurrency withdrawals. But for fiat withdrawals, you have a limit based on your account verification level. The basic verification level limit is $1000 per day due to AML requirements. You can increase the limit if you are willing to verify your identity, pass the KYC procedure.

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CEX User Interface Review



The user interface of CEX is a bit overwhelming at first, but it serves its purpose, unfortunately, you cannot customize it according to your preferences. The interface comes only white, which is quite disappointing as many people prefer dark UI colors..

As you can see on the left side, you have the pairs for quick access. To the right of the Pairs tab, you will find the chart with the market depth below. The chart is quite simple, for advanced chart access you have a button that opens a new window with advanced charting instruments.

The order tab


The design logic is to put everything in sequence, which makes navigating a bit tedious. If you expect to find additional order options, you may be disappointed, as this exchange is quite straightforward. Nevertheless, there is margin trading on CEX Broker, where you will find a trading platform tailored for advanced trading. 

Margin trading UI part of the platform


The Margin Trading UI has a completely different look and feel and is suitable for long-term trading sessions. Implementing a dark interface that is easy on the eyes is a very good addition to the main exchange UI. 

The chart here has a better design and many other instruments that give you better charting possibilities.


This is the order tab for margin trading where you set up your positions. Here you have everything you need to manage your leverage position properly. For those who are looking for many options with a good leverage trading platform, you may have found the one. 

In summary, the CEX user interface is in urgent need of updating, while the user interface for margin trading is much better and more modern. 

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Trading fees breakdown

The trading fees on the CEX are not low when compared to some other exchanges such as Binance, they are just above the usual norm in the crypto industry.

Cryptocurrency Deposit and Withdrawal Fees

On the deposit side, there are no fees, therefore when you send your cryptocurrency to the exchange, the full amount will be credited to your account. For withdrawals, you have different, very low fees for each cryptocurrency. For example, the withdrawal fee for BTC is 0.0005, which is currently about $5. The ETH withdrawal fee is 0.01, which is about 2$. Overall, this is a fairly standard fee size for such exchanges.

FIAT Deposit and Withdrawal Fees

The fiat deposits and withdrawal fees are not low, but considering what else we have on the market the proposal here is balanced.

For USD, EUR, GBP, RUB deposits via debit, credit cards, the fee is the same for all – 2.99%.

For Banks Transfers the deposit fee is 0, they don’t take anything. Also with ACH/SEPA/Faster/Payments – for USD/EUR/GBP respectively the deposit fee is also non-existent, unfortunately, there are no bank transfers for RUB.

For bank transfers, ACH, SEPA, Faster, Payments there is no deposit fee. Bank transfers are available for all of the fiat currencies with the exception of RUB.

For fiat currency withdrawals, the fees hurt the most as you have up to 3% service charge + $1.20 for USD, 1.50€ for EUR, 2.10£ for GBP and a commission of up to $3.80 for USD, 3.50€ for EUR, 2.90£ for GBP for VISA debit/credit cards.

Withdrawals with MasterCard, the service fee is up to 1.8% + $1.20 for USD, 1.50€ for EUR, 2.10 for GBP. There is a commission up to 1.20% + 3.80 for USD, 1.20% + 3.50€ for EUR, 1.20% + 2.90£ for GBP.

Quite the hurdle to go through all of the fees put in place from the debit, credit card providers. 

The fees for withdrawals through Bank transfer is 0.3% + 25$ for USD, 0.3% + 25€ for EUR, and 0.3% + 25£ for GBP.

There are no fees on the exchange side for withdrawals via ACH, SEPA, Faster payments, but of course, the service provider may have fees separate from the exchange for the transfers to your bank account.

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Trading fees

The trading fee changes with the volume you have on the platform. So the more you trade, the lower the fee will be. 

Trade Volume 30d, BTCTakerMaker

CEX Options and Order types Review

CEX is a diversified exchange with all the fiat options for deposits and withdrawals that it has. Better still, of the cryptocurrencies offered here as options, you can trade them all against a fiat pair. What is very rare is that you can trade the smaller altcoins directly for fiat.

Trading options

For cryptocurrency trading, you have:

  • BTC
  • BCH
  • BTG
  • ETH
  • LTC
  • DASH
  • ZEC
  • XRP
  • XLM
  • GUSD
  • OMG
  • MHC
  • TRX
  • BTT
  • And more 

You can trade all these options against fiat currencies,  BTC, and ETH. Some of you will find this a very nice addition, as you are involved in 4 fiat currencies and many cryptocurrencies and projects with great potential.

On the margin part of the exchange, you can trade a number of pairs with leverage. CEX offers 7 pairs for leverage trading at 10x, putting it on one of the more diversified trading platforms. There is only one negative, and that is that the 7 pairs offer only 10x leverage.

Trading pairs offering leverage:

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Order types 

On the main exchange, you will find the standard orders – Limit and Market, which are sufficient if you want to buy or sell only occasionally. However, for day trading they lack stop loss and take profit as options. You will find these options on the margin platform of the exchange. There you will find the platform with advanced order types and advanced order settings. 

On CEX Broker you have a limit, market orders with stop-loss and take-profit protection options. You also havе Stop and OCO order types, so you have the best trading experience with a maximum of 10x leverage. A very useful feature is that CEX Broker has a demo account. This makes it safer to learn how the leverage design logic on the platform works.

CEX Affiliate Program Review

The CEX affiliate program is very simple with one level and you will receive 30% of the trading fees. You can easily build a passive income by registering users with your link.

Is CEX a scam?

Considering that CEX has been on the market since 2013 and has numerous certificates and licenses, it is obvious that the exchange is serious and plans for the long term. They have succeeded in establishing themselves as one of the safest exchanges on the market. They can operate worldwide and have a DLT license from Gibraltar, which makes them one of the first bitcoin exchanges with this type of license.

CEX Review Conclusion

If you are looking for a good fiat gateway where you can sell all available cryptocurrencies directly to fiat, you have found your platform. If you are looking for an exchange with hundreds of cryptocurrencies and various small-cap projects, this is not your place. 

While it offers a margin trading platform in addition to a regular exchange, it offers only 10x leverage, while competitors such as Binance, ByBit, and Bitmex offer 100x leverage on numerous crypto pairs, CEX Broker is lagging behind the standard for margin trading in the crypto industry.


CEX - one of the oldest cryptocurrency exchanges on the market offering 4 FIAT options and 10 cryptocurrencies for trading plus a margin trading platform besides a regular exchange