CEX.IO

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5/5

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BitForex

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CoinBene

by CoinBene

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CEX.IO

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5/5

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BitForex

by BitForex

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CoinBene

by CoinBene

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What problem does this service solve?

CEX.io is a London-based exchange that was initially launched as a cloud mining pool.BitForex is a large exchange with a large variety of currency pairs.CoinBene is one of the largest exchanges by trading volume.

Token Stats

Not RelevantNot Relevant

Company Description

CEX.io is a British company that changed its focus from mining into becoming a cryptocurrency exchange. CEX has made an effort to add many coins, and boasts of fill-or-kill (FOK) orders that allow for some of the industry’s fastest trading, but it has a poor record on privacy and transparency that should give pause to traders.
The exchange’s fill-or-kill (FOK) orders are very fast, but come at a steep 7% fee. The mobile application is easy to use, and there is also an API integration. CEX is a regulated exchange that complies with all KYC and ALM laws, so they are able to accommodate several funding options, including credit cards and bank transfers.
The majority of CEX.io’s trading volume is done with bitcoin, and although they have made an effort to add more coins, this exchange simply does not have the trading options that others do. The low trading volume of other major coins provides limited liquidity for most traders.
Trading fees vary depending on trading volume between 0.16%-0.25%.Bank transfers are free and withdrawal fees are lower compared to their competitors, but transfers can take up to 20 days.
Although CEX.io is easy to use and allows for very fast crypto purchases, it has high fees, delayed withdrawal times, and a poor record on privacy/transparency.

BitForex is a cryptocurrency exchange with headquarters in Singapore. BitForex also has several offices in other countries. It is one of the larger exchanges by trading volume and offers a large variety of trading pairs. Trading and withdrawal fees are similar other exchanges.

CoinBene is a cryptocurrency exchange that launched in November, 2017. It has quickly become a top 30 exchange by trading volume. CoinBene has offices in several countries and its website is available in multiple languages.
Trading Fee: 0.1%
Number of Tokens/Coins: 110
CoinBene released the Coni token to raise development funds. Coni token holders receive dividends and discounts on trading fees.

Ratings

Overall

5/5 (1)

(0)

(0)

How easy is it to open a new account?

5/5

How easy is to make trades on this exchange?

5/5

How good is the selection of coins?

5/5

How reasonable are the fees?

5/5

How secure is this exchange?

5/5