CEX.IO review

The book uses maker/taker pricing based on thirty-day USD volume. Funding material lists SEPA, Faster Payments, ACH, Open Banking, Visa, Mastercard and Google/Apple Pay, plus PayPal for US customers. CEX.IO Pay is described as a free internal transfer. The Standard virtual card has a separate euro-denominated schedule. Keeping these pieces distinct prevents confusing a funding fee with a trading commission, or treating the virtual card’s price as the cost of depositing with your bank card.

Up to USD 10,000 in thirty-day volume, maker is 0.15% and taker 0.25%, recalculated at 00:00 GMT. A hypothetical USD 1,000 execution costs USD 1.50 as maker or USD 2.50 as taker. That USD 1 difference excludes execution price and funding. Above USD 5 billion, the published endpoint is 0.00% maker and 0.01% taker; it is not an ordinary small account’s entry rate. Trading more merely to chase a tier adds costs and exposure.

The table lists free SEPA deposits and EUR 2.99 withdrawals. Open Banking deposits cost EUR 1.99; a dash in its withdrawal cell does not mean zero or guaranteed availability. Visa and Mastercard list 0.49%–4.99% plus a provider- and country-dependent service charge. On a hypothetical EUR 200 deposit, the percentage alone would be EUR 0.98–9.98. Add the service charge and any conversion, then compare money leaving the bank with the usable platform balance.

Faster Payments lists free deposits and GBP 2.99 withdrawals; ACH lists USD 0 incoming and USD 5 outgoing. These do not automatically replace SEPA for every resident: currency, account and method availability matter. PayPal is listed at 3.99% plus USD 5 for deposits and withdrawals, and the method article limits it to the US. Google/Apple Pay supports deposits in the table but not withdrawal. Plan the exit before funding, using the funding guide to separate availability and price.

Methods carrying the initial-account note are limited to USD 1,000 daily and USD 3,000 monthly during the first three months after identity verification. Apply that note to its stated rows rather than the whole platform. A transaction above a limit cannot be assessed only through its fee. Do not split movements to evade provider requirements. SEPA rows show deposits from EUR 5 and withdrawals from EUR 10, with their daily upper limits listed as unlimited.

Issue and monthly fees are listed as free. EUR payment markup is also free, while other currencies carry 1%. This describes virtual-card use, not the prior cost of converting crypto or the terms of the funding balance. Standard limits include EUR 3,000 daily, 25 transactions and EUR 10,000 monthly. ATM use is listed as temporarily unavailable, so this is not presented as a cash-withdrawal route. Paying by card and withdrawing to a bank solve different needs.

CEX.IO Pay is described as a free internal transfer. It is not the same as an on-chain transaction and does not establish free withdrawal for every asset and network. The limits page separates deposit minimums, withdrawal minimums and asset/network charges. Confirm whether the recipient expects an internal movement or an external address. Personal wallets also require key control and recovery. See the custody guide and USDT network guide before choosing a transfer route.

CEX.IO identifies different European, US and UK companies. Its pricing pages do not attribute every row to one entity, so this review preserves method-specific conditions without promising universal access. CEX.IO EUROPE, S.L. described its CNMV application as under review rather than granted. Confirm the account product and contract during onboarding before applying another market’s terms. A cost comparison remains useful without turning a general schedule into an individual offer.

As a hypothetical comparison, a EUR 2.99 SEPA withdrawal represents 1.495% of a EUR 200 reference amount but 0.299% of EUR 1,000. Those ratios are not percentage bank fees. They show why a fixed exit charge can outweigh small trading-rate differences on small purchases. This is not a prescription to accumulate exchange balances: custody remains a separate decision. Choose a suitable withdrawal frequency and budget actual execution roles rather than assuming maker pricing. Compare complete workflows with the same currency and liquidity needs.

The virtual card may suit someone who wants to spend an admitted balance, while another user only needs to sell and receive euros. Spending needs prior conversion, merchant currency, markup and limits; cash-out needs sale and bank withdrawal. The 1% non-EUR markup belongs to card use rather than the trading book. On a hypothetical EUR 100 equivalent foreign-currency payment, that component is EUR 1 equivalent, without fixing the exchange rate. It is not automatically added to EUR payments listed without markup. Free issuance alone does not decide which workflow fits.

Kraken and Bitstamp provide other buying and funding workflows; Bitvavo offers a European-book reference. Compare the same currency and amount, including funding, execution and withdrawal. A fixed cash-out fee can matter more than a maker/taker difference for small monthly purchases, while repeated execution may dominate active use. The total-cost guide develops that calculation. CEX.IO is easier to assess after selecting one actual route.