IO was launched in 2013, as both a Bitcoin exchange and cloud mining service. In 2016, the company shifted their focus. Their cloud mining services were stopped and they added Cex bitcoin mining to their platform.
Type and press Enter to search. Users can deposit to the exchange using both bank transfers and credit cards. In addition to having years of repeat customers, there’s a variety of other factors making CEX. IO appear to be a safe option for buying and selling cryptocurrency. As a company operating out of the United Kingdom and serving customers in most of the world, CEX. IO follows a variety of governmental laws and regulations.
Incorporated as a Private Limited Company in the U. Payment Card Industry Security Standards Council compliant. While I could not find too much detail as to how CEX. IO stores users’ funds, they do claim to use offline cold storage. This is a good sign, although I wish they’d provide more specific details that were easy to find. I recommend using Google Authenticator. It’s also recommended not to keep any large amounts of cryptocurrency on ANY exchanges or online wallets.