CEX.IO allows for the buying of bitcoins for low fees via credit card. Customers can also purchase for free with bank transfers. CEX.io is available for use in most countries.
Payment Getway: Credit Cards, Bank Transfer
- Enable purchase of bitcoins via credit card on low price
- An extensive verification will be required for bigger amount of purchase.
Most of the credit card transaction will take up 2 days and bank transfer transaction will varies depending on respective country’s bank. Extra charges will apply according to types of transaction used and currency as shown below.
- Credit card (USD) : 3.5% + $0.25
- Credit card (EUR) : 3.5% + €0.20
- Credit card (RUB) : 5.25% + 15.57 RUB
- Bank Transfer (USD) : $10
- Bank Transfer (EUR) : €10.00
- Bank Transfer (RUB) : N/A
CEX.IO also enable users to sell bitcoins to credit or debit cards. The fees varies accordingly as below
- 2.9% + $4.99 for USD
- 2.9% + €4.99 for EUR
- 2.9% + 499 RUB for RUB
- As for Bank transfers ,CEX.io does not charge any fee however banks may charge conversion fees depending on currency by your deposit.
Restricted for Credit card purchasing
Iceland, Vietnam, Afghanistan, Algeria, Bahrain, Iraq, Kuwait, Lebanon, Libya, Nigeria, Oman, Pakistan, Palestine, Qatar, Saudi Arabia, and Yemen.
Restricted for Bank Transfer purchasing
Afghanistan, Democratic Republic of the Congo, Côte d’Ivoire, Eritrea, Ethiopia, Guinea-Bissau, Haiti, Iran, Iraq, Kenya, Liberia, Libya, Guinea, São Tomé and Príncipe, Somalia, Sudan, Syria, Tanzania, Tunisia, Turkey, Vietnam, Yemen, Zimbabwe.
US States NOT supported
Alabama, Alaska, Arizona, Arkansas, Colorado, Florida, Georgia, Guam, Idaho, Iowa, Kansas, Louisiana, Maryland, Michigan, Mississippi, Nebraska, New Hampshire, New Jersey, North Carolina, North Dakota, Ohio, Oregon, Tennessee, Texas, U.S. Virgin Islands, Vermont, Virginia, Washington
Limits & Liquidity
By verifying your account , users will be eligible for different buying limits depending on level of verification. There are currently 4 types of account.
Basic account are only allowed to purchase up to $400 worth of bitcoins daily and maximum of $2,000 per moth. Basic accounts will not able to purchase via bank transfer as well.
Verified users will now eligible for both credit card and bank transfers. Verified users are allowed for up to $10,000 worth of purchase per day , or $100,000 accumulated purchases monthly via credit card/bank transfers.
Individual Business & Corporate
Accounts registered under Individual businesses or Corporate will have no limit on the purchases amount.
The verification process consist of 2 level for individual traders. For the first level, CEX.IO will require very little information which only includes your basic information.
“Basic” user account
Basic information will be required such as below as it is as easy as registering an email. Users are able to link their account with social network accounts as well.
- Credit card number
“Verified” User account
To increase your verfication level to “Verified” , few personal documents as such are compulsory
- copy of passport ,
- driver license,
- pictures of you holding
– Your ID (Identification card)
– Credit card
– Proof of residency
After verification , credit card purchases will be verified almost instantly. Be noted that verification for accounts will take a long process , however the transaction time after account verification will subsequently take lesser time as well.
CEX.IO provides customer support via email at Support@CEX.IO .