Cex.Io and Etoro are two of the best crypto exchanges available in UK. In today’s post, we’ve compared the two so you can make the right choice.
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- 24/7 customer support and mobile access
- Low fees
- Limited coin options (CEX.IO offers more tokens)
Cex.Io is a England cryptocurrency trading and exchange platform. It was conceived in 2013. The company has gained popularity amongst its users due to their commitment towards security as well as ease-of use features that are available on all platforms including mobile apps for Android or iOS devices so you can trade anytime anywhere.
- Offers access to 15 cryptocurrencies.
- Low minimum to fund an account and begin investing.
- Service only available in 41 U.S. states.
Etoro, an American, Australian, English cryptocurrency exchange platform, has been in the crypto industry since 2007. It is one of the most trusted exchanges in the country and includes cryptocurrencies such as Bitcoin, Ethereum, XRP, and 25 other digital currencies.
It’s important to consider the fees associated with trading platforms. Here is a comparison of Cex.Io vs Etoro, two popular exchanges:
Cex.Io takes 2.99% fee for deposits, where Etoro charges a 0.
When buying crypto, Cex.Io charges 0.25 of your purchase price while Etoro charges 0.75.
You should also consider sell charges which vary. Cex.Io charges 0.16 while Etoro is 0.75.
Cex.Io offers 5 methods to deposit EUR, GBP, RUB, USD. These are:
Bank transfer, Credit card, Cryptocurrency, SWIFT, SEPA, Faster Payments (FPS)
The daily deposit limit is $20. Most people won’t need to worry about hitting that limit.
Etoro offers a few methods to deposit EUR, GBP, RUB, USD to your account. They are:
Bank transfer, Paypal, Poli, credit/debit card, Wire Transfer, Klarna, Rapid Transfer, iDEAL, skrill, neteller
The daily deposit limit is $500.
Overall, Cex.Io is a better option because it has more deposit methods available which makes it easier to transfer funds.
In the world of cryptocurrency, security is always an important issue.
Cex.Io offers a range of security features including:
Protection against DDoS attacks
compliance with PCI DSS standards
cryptocurrency cold storage
Each of these features protect your assets from being compromised by a hack or security breach.
In US, UK, AUS, Etoro is one of the most secure exchanges. They use a variety of methods to protect their customers from hackers, including:
2FA verification, cold storage
FDICinsured USD balances
Our pick is Cex.Io as it has better security features over Etoro.
Cex.Io mobile app is highly rated by their users with a user rating of 4.6 on the Apple app store. It has a great and easy to use user interface.
While Etoro does not have an app, it’s website is accessible through a mobile browser.
Cex.Io is your best bet for traders who value a great mobile app.
Either exchange is a great choice with a great service but Cex.Io comes out on top for me.
Sign up now using the links below: