When you think of a CEX.IO crypto exchange, a centralized platform for buying, selling, and trading digital assets with fiat support. Also known as a centralized exchange, it lets you trade Bitcoin, Ethereum, and other coins without needing a wallet first—unlike decentralized platforms that put control in your hands. CEX.IO stands out because it’s one of the few exchanges that still lets you buy crypto directly with a credit card or bank transfer in over 100 countries. But that convenience comes with trade-offs: your funds are held by them, not you, and they’ve faced criticism for slow support and limited altcoin selection.
That’s why many traders compare CEX.IO crypto exchange to alternatives like COINBIG, a no-fiat crypto-only exchange with flat fees or ARzPaya, a regional exchange built for Iran’s unique crypto needs. While CEX.IO offers fiat on-ramps, COINBIG cuts out the middleman entirely—ideal if you already hold crypto and want low-cost trades. ARzPaya shows how local exchanges thrive where global ones can’t operate. Then there are decentralized exchanges, platforms like KyberSwap Elastic or ArbSwap that run on blockchain without central control. These give you full custody but demand more technical know-how and expose you to risks like slippage and impermanent loss.
What’s clear from the real-world data is that users don’t just pick exchanges based on fees. They pick based on trust, speed, and whether the platform actually works when they need it. CEX.IO has been around since 2013—longer than most—and still processes withdrawals, even if slowly. But when you look at platforms like WaultSwap or YodeSwap that vanished overnight with zero liquidity, you realize longevity doesn’t guarantee safety. The real question isn’t whether CEX.IO is safe—it’s whether it’s the best tool for your goals. If you’re new and want to buy Bitcoin with your debit card, it’s still one of the few options. If you’re trading altcoins daily, you’re probably better off on a DEX with deeper liquidity.
Below, you’ll find honest reviews of exchanges that actually deliver—and those that don’t. You’ll see why some platforms fade into obscurity while others, like CEX.IO, stick around despite flaws. No fluff. No hype. Just what users experienced, what went wrong, and what you should watch out for next time you trade.
CEX.IO is a trusted crypto exchange since 2013, offering 200+ cryptocurrencies, high staking rewards up to 30%, and multiple payment options including PayPal and Apple Pay. With no major breaches and regulatory compliance across 35 U.S. states, it's ideal for global users seeking reliability over hype.