CEX.IO is one-stop-shop for crypto investors where you can buy and sell popular digital tokens, speculate on prices with margin trading and earn rewards through staking. Since it launched in 2013, more than five million traders have deposited over $7.5 billion. CEX.IO is registered with the FinCEN in the US and the GFSC in the EU.
Nexo is a crypto trading platform that also acts as a gateway to DeFi crypto functions such as staking, borrowing and lending. The platform supports 60+ crypto tokens, which can be purchased with a fiat on-ramp and traded in 500+ market pairs. The exchange operates a zero-fee policy allowing a set number of completely free withdrawals per month and fee-free trading.
Loyalty scheme with various bonuses, plus referral program
Comment by Reviewer
"CEX.IO will serve a range of crypto investors looking to buy, sell, trade, hold and earn. The tiered pricing structure will appeal to active traders while rookie investors will enjoy the straightforward platform interface and excellent education."
"Nexo is good for traders who want a straightforward way to access DeFi crypto markets and earn interest on their digital assets."
Low pricing with 0.01% taker and 0% maker fees for high-volume traders
High quality educational materials through the University
24/7 support with fast response times during tests
Wide range of payment methods including PayPal
Trusted crypto exchange with 5+ million users
200+ cryptocurrencies including Bitcoin
Charting package from TradingView
Low minimum deposit of $20
Crypto leverage up to 1:3
Convenient way to buy, stake, lend and borrow crypto through one platform
Allows users to borrow against their crypto holdings
2 factor authentication for added security
Advanced Nexo Pro trading platform
Referral program with $25 in BTC
Very affordable pricing structure
High-yield interest savings
OTC trading capabilities
Audited by Armanino
Earn NEXO tokens
A maintenance fee applies after 12 months of no activity
Cluttered interface on Exchange Plus
High deposit and withdrawal fees
Limited regulatory oversight
No demo account
Restrictions on using the native tokens for New York and Vermont US residents
High collateral requirement of 200% of the amount you wish to loan
Relatively small selection of crypto tokens which misses newer altcoins
Native tokens are required for maximum interest rates
Limited free cryptocurrency withdrawals
No crypto derivative trading
Most Secure Bitcoin and Cryptocurrency Exchange Platform 2023, World Business Outlook
Leading Cryptocurrency Exchange Platform 2023, World Business Outlook
Best Cryptocurrency Exchange Platform 2023, Global Brands Magazine
CEX.IO offers hundreds of popular cryptocurrencies including big names like Bitcoin, Ethereum and Litecoin. The trading platform is well-designed with sophisticated charting and analysis tools. Traders can also reduce their monthly volumes through the tiered pricing structure.
Nexo traders can buy and sell 60+ cryptocurrencies using fiat, or trade between 500+ market pairs. The app functions as a crypto wallet, meaning that clients will own their own tokens but Nexo will have custody of them. Crypto assets can be transferred from the Nexo wallet. Fees are low and user security is high.