Cex.Io and Crypto.Com are two of the best crypto exchanges available in UK. In today’s article we’ll compare the two of them head to head so you can figure out which one is right for you.
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|Currencies Accepted||EUR, GBP, RUB, USD||USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more|
- 24/7 customer support and mobile access
- Low fees
- Limited coin options (CEX.IO offers more tokens)
Cex.Io is a cryptocurrency exchange platform that was created in 2013. It has gained huge popularity amongst its users and it’s also said to be one of the recognized crypto exchanges in UK, with cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) & 80 other assets on board!
- Lower fees than other well-known platforms
- Added benefits for staking CRO
- Customer service isn’t responsive
Crypto.Com, a Hongkongers-based cryptocurrency exchange platform, has been in the crypto industry since 2016. It is one of the most trusted exchanges in Hong Kong and includes cryptocurrencies such as Bitcoin, Ethereum, XRP, and over 150 other digital currencies.
How much does it cost to trade on Cex.Io and Crypto.Com?
First, let’s take a look at how deposit fees work. Deposits on Cex.Io costs 2.99%. On Crypto.Com they charge 0 for a deposit.
When it comes to buy fees Cex.Io charge 0.25 and Crypto.Com charges 0.4.
When selling Bitcoin or other cryptocurrencies, Cex.Io takes 0.16 while Crypto.Com is 0.4.
Cex.Io offers 6 main methods to deposit EUR, GBP, RUB, USD:
Bank transfer, Credit card, Cryptocurrency, SWIFT, SEPA, Faster Payments (FPS)
The daily limit is $20 per day which most people shouldn’t be concerned about hitting as it’s more than enough for the average user!
Crypto.Com allows you transfer funds through their supported payment options which are:
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
Crypto.Com’s daily deposit limit is 500 USDC.
The bottom line is, Cex.Io is the best choice as they have more deposit methods available which makes it easier to transfer funds.
Cex.Io is well known for their security measures. They use the following methods:
Protection against DDoS attacks
compliance with PCI DSS standards
cryptocurrency cold storage
Crypto.Com also takes the security of their customers seriously. Here is what they do to protect your assets:
We use MultiFactor Authentication (MFA)
We ensure withdrawal protection
provide 24/7 live customer support
While both exchanges are secure, it appears that Cex.Io has better security over Crypto.Com.
Cex.Io mobile app is a highly rated one with 4.6 stars on Apple’s App Store. It has an easy and intuitive UI that makes it great for beginners, and experienced traders alike.
Crypto.Com does not have an app, however its website is accessible through a mobile browser, and is simple enough to use.
Cex.Io is your best bet for traders who value a great mobile app.
Both exchanges have great service but if I’d had to pick one overall it would be Cex.Io.
Sign up now using the links below: