What problem does this service solve?

CEX.io is a London-based exchange that was initially launched as a cloud mining pool.QUOINE is a blockchain technology company that operates 3 exchange platforms that are aimed at increasing liquidity in cryptocurrency markets.

Token Stats

Not 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.

QUOINE is a Japanese fintech company that is developing several liquidity focused trading platforms. QUOINE was the first cryptocurrency company to be officially licensed by the Japanese Financial Services Agency.
QUOINE runs 2 exchanges and a platform called LIQUID, that is designed to solve the problems related to liquidity in crypto markets. Quoinex is a fully regulated Crypto-Fiat exchange and was the first exchange to ever be audited by Deloitte. Qryptos is a crypto-only exchange.
The company's exchanges have an attractive fee structure

Trading Fee: 0 for base currency pairs, 0.25% for BTC and BHC pairs, 0.1% for ETH pairs
Withdrawal Fee: $5/5 Euros on fiat currency, Free on Crypto withdrawals
Number of Tokens/Coins: 50

QUOINE's platforms are powered by the QASH utility token.

Ratings

Overall

5/5 (1)

(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