CEX.IO is generally regarded as a well-established, regulated, and secure cryptocurrency exchange, particularly suitable for beginners due to its user-friendly interface and strong fiat-to-crypto support. Founded in 2013, it has built a reputation for not having experienced a major hack. However, user reviews are mixed, with many praising its simplicity while others report high fees, slow verification processes, and frustrating customer service experiences.
Key Takeaways from Reviews
- Pros: Highly secure, regulated, user-friendly, supports many fiat currencies (USD, GBP, EUR), and provides good staking options.
- Cons: High fees for card purchases, limited advanced trading features compared to competitors, and slow/unresponsive support.
- User Experience: Mixed (4.8/5 on some review platforms, but with significant negative feedback regarding locked funds on others).
