This happens when there isn’t enough volume at the price to fill the whole order. What’s leftover stays open until the remainder is closed by another order. However, if you so choose, you can always cancel the remaining order, which would return the balance to your account. It has strict security measures in place to protect your account and it is regulated by FinCEN.

CEX.IO Compared to Other Exchanges

The trading platform rose to popularity due to its commission-free trading and easy-to-use interface. Robinhood has announced plans to acquire global cryptocurrency exchange Bitstamp. On June 6, the two parties said they have an agreement for Robinhood to buy Bitstamp in an approximately $200 million deal.

Currencies and Payment Methods

While a certain level of risk is to be expected in crypto, selecting a safe, secure entry point is critical to a successful journey. And when it comes to putting your value or information on the line, it pays to have peace of mind. CEX.io is licensed in many countries, including the United States and Canada.

Trading Platforms

At the end of the day, whether CEX.IO is a great choice for you or not, depends on your personal needs. Let’s start with the https://www.tokenexus.com/ fact that your account can be either basic or verified. However, trust me, you’ll want to reach the “verified” account tier.

• However, because the company has shelved its mining operations, customers seem largely satisfied with the exchange’s products and services.
• One of the biggest complaints users have about CEX.IO is the amount of fees and hidden charges the company has.
• A couple of minor concerns are related to the public image of CEX.IO.
• The firm has experienced some notable success already, with the brand’s mining pool, GHash.IO, controlling 51% of total Bitcoin mining power in 2014.

Should You Trade Crypto With CEX.IO?

Company Overview

• Designed to mirror the web platform’s functionalities, the app ensures that traders have access to a comprehensive set of trading tools on the go.
• We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site.
• Additionally, companies can integrate crypto payments using CEX Direct, a payment gateway for cryptocurrency purchases operated by CEX.IO.
• By the way, apart from a personal account, there is the possibility of creating a business account, too, but I’ll focus on the former.
• People also tend not to like the verification process or the customer support process.
• Bitstamp also has a strong institutional client base, which Robinhood has historically lacked.