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davemanet (OP)
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December 17, 2017, 05:26:53 AM |
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Hi Guys,
I notice today that Cex.io is trading ETH for $760 while other exchanges are trading it for $710. This looks a bit suspicious to me.
Does anyone use Cex.io or have experience with them? Also, is it normal for ETH to trade for so much higher on their platform? I understand like 2-5% difference, but 10% higher is a bit off to me.
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Serpens66
Legendary
 Offline
Activity: 2926
Merit: 1131
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December 17, 2017, 04:40:33 PM |
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Fiat transfers are not good. Just see the official cex trhead, there you will see alot of complaints anout transfers taking several weeks up to months.
So cex is okay when NOT dealing with fiat transfers.
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Mit Cointracking (10% Rabatt) behältst du die Übersicht über all deine Trades und Gewinne. Sogar ein Tool für die Steuer ist dabei 
Great Freeware Game: Clonk Rage
binance.com hat nun auch SEPA und EUR Paare! Mit dem RefLink bekommst du 5% Rabatt auf die Tradinggebühren!
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KeithBeeCham
Member
Offline
Activity: 252
Merit: 22
Marketplace for sensor data
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December 17, 2017, 04:44:06 PM |
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I never using Cex.io before but in this forum I can see few report topics about the problem related to cex.io exchange. I think you should avoid trading on this exchange. Poloniex, Binance, Bifinex, Bittrex, I think these exchanges are the best choices for you if you want to trade  . When a cryptocurrency have different price between 2 exchanges, they often disable withdraw or deposit of this cryptocurrency so don't think that you can money by this way ) |
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Willitivity
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December 17, 2017, 05:14:08 PM |
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I have been using coinexchange for some couple of months now, and I must say, I haven't run into any troubles with them.
The simpler interface makes it cool and nice from me, basically, I prefer it over most other trading platforms that I have used.
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std1391
Member
Offline
Activity: 182
Merit: 16
bitcoin is love
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December 17, 2017, 05:51:28 PM |
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it works ok , for some coins it doesnt have a good market and if u have a lot of them u need to wait ages to have them sold!
but for safity it is safe.
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Swagtoshi
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December 17, 2017, 05:51:34 PM |
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I believe that Cex.io is a decent exchange, although lacking in some areas. Their fees are relatively low at 0.25% taker and 0.16$ marker, and their volume is decent. Also, margin trading is cheap. However, the spread is quite wide for such a big exchange. They don't have stop order nor limit orders for margin trading. I have never tried depositing or withdrawing fiat, but I have heard many complaints about it.
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davemanet (OP)
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December 18, 2017, 03:33:56 AM |
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Ok so it seems like mixed reviews. Is there a catch with their prices? How come ETH/USD is $700 on most exchanges, but $760 on cex.io. I don't understand why people would pay so much there? And what's preventing someone from buying at one exchange for $700 and selling at $760 on cex.io?
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Serpens66
Legendary
Offline
Activity: 2926
Merit: 1131
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December 18, 2017, 04:44:06 AM |
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Ok so it seems like mixed reviews. Is there a catch with their prices? How come ETH/USD is $700 on most exchanges, but $760 on cex.io. I don't understand why people would pay so much there? And what's preventing someone from buying at one exchange for $700 and selling at $760 on cex.io?
simply read my response. it is the explanation to your question... (if you sell high on cex, it takes ages to get the fiat back. So if you can live with that, go and take the opportunity to make money) read the last few pages of complaints here: https://bitcointalk.org/index.php?topic=318010.2700 |
Mit Cointracking (10% Rabatt) behältst du die Übersicht über all deine Trades und Gewinne. Sogar ein Tool für die Steuer ist dabei
Great Freeware Game: Clonk Rage
binance.com hat nun auch SEPA und EUR Paare! Mit dem RefLink bekommst du 5% Rabatt auf die Tradinggebühren!
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negamus
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December 18, 2017, 05:17:08 AM |
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Hell, no, cex.io has been scamming a lot of people, they have a lot of pending payments in there and they are not able to handle all of them because they have a lot of demand and they do not have a proper staff for doing so.
that is why they are not answering to support tickets.
Better to stay away from this, if you want to exchange, just use a traditional exchange, not this one.
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Notmyfault7
Member
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Activity: 102
Merit: 10
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December 18, 2017, 09:47:35 AM |
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No, i have heard about it for a while and i am pretty sure that you won't want to trade on that site.
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satamusic
Member
Offline
Activity: 120
Merit: 10
yes.
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December 19, 2017, 05:26:30 AM |
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are fiat withdrawals really taking months to complete?
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hi
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mafostedu
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December 19, 2017, 05:30:56 AM |
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cex.io is a mess right now, i dont know what the fuck is going on there.
I bought $50 worth of bitcoins last night in order to buy some stuff among the internet, and it got stucked, they declined my credit card and they delayed my deposit.
I would never buy again in there.
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newinbtc
Legendary
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Activity: 1190
Merit: 1001
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December 19, 2017, 05:32:06 AM |
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Cex.io is one of the Oldest Cloud Mining Website Where We Can exchange Between currencies , But they have many trading terms and condition , Such as to buy Ripple from exchange , You have to buy minimum 40 Ripple To Buy currency.
But i will suggest do not Do trading due to high Trading fees
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bismillahi
Newbie
Offline
Activity: 76
Merit: 0
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December 19, 2017, 06:23:38 AM |
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I always met a problem when I do trading in Cex.io website. the withdrawal takes so long. but for trading its good as usual. so I think is the cex.io good trading platform? I can say yes, its good and I like the interface. but for withdrawal, it sucks.
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KingdomHearts
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December 25, 2017, 11:54:14 AM |
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No, i have heard about it for a while and i am pretty sure that you won't want to trade on that site.
It is better not to change your trading platform after every while, because this can also be one of the factor to start frustration in your attitude towards business. Moreover if you will use different platforms, then you will start making comparison of them, and it is of no good and just a wastage of time. Lately these activities will consume more of your precious time in which you can concentrate on some other better things. |
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omonuyak
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December 25, 2017, 12:29:59 PM |
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C-cex.io is working very well and the difference you are seeing happened most times across most of the popular exchangers platforms. I have been trading on this platform for quite some time now and I have never have any problems with them. Most times region affect some assets price and we have to take advantage of this as a traders to make money through arbitration. Outside ethereum most of the altcoins there has different price compared to bittrex and hitbtc.
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chipzeru
Member
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Activity: 686
Merit: 39
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December 25, 2017, 03:40:33 PM |
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I've been wondering about this exchange too since i've planned to buy btcz there. Some people say it's fine but some people say it has issues in some areas.
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Manc89
Member
Offline
Activity: 266
Merit: 10
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December 25, 2017, 03:46:05 PM |
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Fiat transfers are not good. Just see the official cex trhead, there you will see alot of complaints anout transfers taking several weeks up to months.
So cex is okay when NOT dealing with fiat transfers.
I never use cex as trading platform but i ever seen any complaints from their users about tranfer fiat. I am not sure how they deal with crypto transfer, but if i know 1 problem then i will not try to use it. |
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fat buddah
Full Member
Offline
Activity: 329
Merit: 102
Get Ready to Make money.
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December 25, 2017, 03:57:05 PM |
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I have been using cex.io to buy bitcoins with my credit card . Everytime that i had about $200 - $500 on my credit card i used it to buy bitcoins, and yes, it went smoothly. and the exchange is good too.
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