- stock exchange
- registration
- finance
- trade
- peculiarities
- chat
- advantages
- conclusion
Times of economic instability are still not ending, but somehow we need to survive. And against this background, the interest of not only individual users, but also large investors in new technologies in the field of finance, in instruments that are more flexible and protected from external influence, is gradually growing.
Serious thoughts about the prospects of many national currencies simply could not help but lead both big business and ordinary citizens to search for alternative investment methods and ways to make a profit through the World Wide Web.
Therefore, the widespread adoption and use of digital money is only a matter of time. And while this process is at the initial stage, you need to seize the opportunity and become involved in it, by joining, for example, the work of one of the specialized exchanges, where you will learn the essence and value of the new technology faster and more deeply than anywhere else.
Today we will present you one of such platforms, namely, the C-CEX cryptocurrency exchange.
Some general information about C-CEX
The exchange began operating in 2013. From the first steps, more than a hundred currency pairs were presented on the resource. Here you can exchange some cryptocurrencies for others, or for fiat money. The site supports 4 languages, including Russian, which is important for our audience.
The developers paid a lot of attention to protecting the funds of future clients, using the most advanced technologies for security purposes. Thanks to this, the chances of attackers gaining access to users’ money are minimized.
Another good thing is that the service is accessible from any device, be it a smartphone or a desktop PC. Thanks to a well-thought-out and user-friendly interface, you will not feel any inconvenience and will be able to use all the functionality of the site.
Most users note the speed of operations. This allows you to process a very large number of trade transactions, the system works smoothly and without failures.
Trading platform
The terminal is simple, so beginners can easily figure it out. The site has a unique design. The first deal opens very quickly. At the top you are prompted to select one of the tools:
- bitcoins;
- litecoins;
- U.S. dollars;
- Great Danes.
Appearance of the trading platform
Of course, these are not all the instruments that are available on this exchange. The quick access panel simply contains the cryptocurrencies most in demand by clients.
A little lower is a line with the most popular cryptocurrency pairs.
Those who wish to trade a specific coin can use Smart Search. As soon as the trader begins to enter the desired name, the system will automatically find the required option.
Below you are asked to select a cryptocurrency. Here you can see the coins that you can work with on this site. There are many of them here, and “exotic” currencies are also offered.
Having selected the appropriate settings and currency pair, the client can begin trading. A simple chart has very limited functionality. It is possible to use basic indicators.
After analyzing the chart of one of the assets, the trader can begin concluding transactions to buy or sell cryptocurrency. Having chosen to work at market prices, the user must indicate the number of coins that he wants to buy or sell, as well as indicate the amount of fiat funds.
In the case of pending orders, the investor independently sets the desired price. Such transactions are triggered when the rate reaches the specified figure. If the desired price has not been reached, the user has the option to delete his order manually.
Appearance of the order book
Below the window for opening trades there is an order book. Using this information, you can choose the most suitable option. On the right side of the trading platform there are the most important information about the asset, Twitter feed and chat. The crypto exchange provides detailed information, including links to official coin web resources. You can study the trading volume of a coin in one day, display the hashrate, and the method of confirming transactions.
How to register?
There's not much to say about registration. Standard procedure. The only problem that users sometimes complain about is that there are cases when the exchange does not “let you in” right away. The fact is that people enter their login in the “login” field, but, as it turned out, they need to enter an email address.
However, these minor inconveniences are more than compensated by the convenience and simplicity of the interface, which is also noted by many C-CEX participants.
After completing registration and logging into your account, pay attention to the panel on the left where you can change the language (we change, of course, to Russian).
Replenishment of balance and withdrawal of funds
Of the many opportunities provided by the C-CEX resource, we will focus on the main points, in particular, how you can replenish your balance and also withdraw savings.
We will do this, as you may have guessed, in the “finance” tab. Here you will see a long list of currencies available for replenishment. If you are too lazy to scroll the page and look for the money you need in this list, then simply enter its name into the search. Then you send the amount to the appropriate wallet (the system will generate it after a request in the “new address” section), and it gets to the address, which you can verify after updating the page.
All in the same “finance” tab (there is such a subsection there – “withdrawal of funds”) you can also withdraw cryptocurrency. You just need to indicate the details of the account to which you want to send it. Operations to add funds to the balance and withdraw them are performed automatically. If the withdrawal was completed successfully, and then the money got lost somewhere, then it is no longer the exchange’s fault.
Important! If you have a lot of deposits with very small amounts (small parts of coins), or you produce mining and send your profits directly to the exchange, also in tiny parts of digital money, then it is possible that your actions will be considered spam and you will be blocked without any there was no compensation. So for mining it is better to have a local storage, and from there, if necessary, transfer money to C-CEX.
Fiat money is replenished again in “finance”, but only in the “fiat” section intended for this. It is carried out automatically. But the withdrawal is made semi-automatically, on weekdays, the maximum period is 2 days.
Well, now that we have dealt with replenishing the balance, we can move on to currency exchange (purchase/sale).
Recommendations from experts
Experts do not recommend storing your coins on exchanges, but on this site you can make decent money, for example, with a large-scale dump or pump and more. In other words, by investing money for a short period, a trader has the opportunity to make a large profit.
It is better for beginners to try their hand without using risky strategies, especially since there are many of them now. You can familiarize yourself with some of the possible trading strategies in the “Trading Strategies” section of our website. If the user has extensive experience in trading, he should definitely register here.
Thus, the C-cex exchange is a good trading platform with excellent functionality. Undoubtedly, the presence of a Russian-language version is encouraging. However, the developers keep the country of origin of the crypto exchange a secret, preferring to intrigue users. Also, many refuse to work here due to numerous negative reviews. Often such comments contain screenshots, which confirms their veracity. Some complain about problems with withdrawal, others are dissatisfied with the work of the technical support service.
Be that as it may, everyone decides for themselves where it is better to trade. Many users consider this resource to be the best, not wanting to switch to other sites. Below are some of these opinions:
I have been trading on this exchange for several years.
The wide listing, reliable account protection, and the ability to vote for an update are captivating. There is an affiliate program and all the necessary tools. The only downside is the lack of leverage. Nikolay
Some time ago I had experience trading on this site.
Not everything is as smooth here as many people say. For those who require extensive tools, it is not suitable. For more complex analytics, you'll have to look elsewhere. Perhaps beginners will feel comfortable here. Oleg
The exchange provides a variety of ways to withdraw funds, but in practice it’s not so easy.
Small transactions are dangerous due to account blocking. Bank transfer is the most unprofitable, as the commission is quite large. I encountered similar difficulties and realized that this platform was not for me. Nikita
Principles of cryptocurrency trading
We go to the “trading” section and again select the desired cryptocurrency (by the way, at the very top there is a list of the most popular options for exchange). Let's say you chose DOG. This currency can be exchanged for any other, so the next step is to select a pair for exchange. For example, this is military-technical cooperation. Check the box and continue.
So, we sell DOG and buy BTC. Below you will see bookmarks for buying and selling the currency we have chosen. We choose the one where you can buy a cue ball for DOG. Orders are in descending order of “profitability”, that is, the top ones are the most acceptable. Click on the top order, the price is entered automatically. If you decide to sell the entire number of your coins at once, then simply click on them; if not, enter the required amount. A correctly carried out operation should end with the appearance of an inscription with the number of bitcoins purchased (excluding exchange commissions).
Important! You can only cancel the current order; such a number will not work if executed.
Then we return to “finance” and withdraw funds. The withdrawal is confirmed by email.
I would like to note, and you can see for yourself, that even with the same withdrawal fee, exchange on C-CEX is more profitable than on many similar resources. This is especially noticeable for large amounts. At the same time, please note that we were not talking about waiting for the most optimal exchange rate. That is, even at the current exchange rate, you will not lose money. Although, of course, this is just a diagram of the process, and it’s up to you what strategy to choose, which cryptocurrency to buy and which to sell, etc.
How to behave in chat?
On the C-CEX service, you can chat with colleagues and discuss pressing topics, but only if you follow the established rules:
- Watch your statements - they should not be discriminatory or offensive towards other users.
- Do not try to use links that are advertising in nature, like any other advertising.
- You should not rashly, without constructive criticism of what the service administration is doing or perform currency exchange transactions via chat. We think there is no need to explain what the consequences of violating these rules are.
Reviews
Traders’ opinions about the site are diametrically opposed, which cannot but be alarming. There is also a negative review about C-CEX on the Steemit website.
The user complains that after replenishing, he still did not see the credited funds due to a failure. Communication with the support service also did not yield results.
In the English-speaking segment there are many complaints about the work of this site. Some call CCEX an outright scam.
For example, Trustpilot generally gave the site a score of 4.1 out of 10 possible points. Some users also complain that money disappears directly from their accounts.
Not all reviews are true. This can be seen in any area. Competitors often order negativity towards their opponents.
However, the abundance of negative opinions makes you think.
go
Why can your funds be blocked?
Yes, such trouble can happen, but, of course, not without a reason. And the reason could be, for example, a sharp discrepancy between rates, trade volumes and balances. And it is precisely those means that are involved in creating the situation described above that are blocked. They can return them to the account, but only after the account has been verified in detail.
Advantages of the C-CEX exchange
If we talk about the advantages, then I would like to start, perhaps not with the main thing, but with what is very important for Russian-speaking users - with support for the Russian language. After all, the absence of this point becomes an obstacle on the way of our crypto traders to many interesting and promising resources.
The next significant advantage is the automatic mode of replenishing the balance and withdrawal of funds, as well as the instant input of fiat money, and the processing of applications for their withdrawal without unnecessary delays, within literally 10-15 minutes (the maximum period is 48 hours, but this rarely happens).
Access to a wide range of trading instruments, the presence of a chat and a high degree of security - all this must also be considered among the undeniable advantages of the service. Here you also need to add prompt and pleasant technical support, which can be contacted either through the appropriate form on the website or via Skype. Let's say more, if the solution to your problem requires a new development, then that won't be the issue.
And finally, you can earn additional money on C-CEX by becoming a member of the affiliate program. Deductions amount to 5% of the exchange commission from trading operations of users you attract. So, as you can see, this resource has more than enough advantages.
Main characteristics
Official site | https://cex.io |
Social media | |
Location | London, Great Britain |
Founder | Alexander Lutskevich |
Year of foundation | 2013 |
Deposit/withdrawal method | Cryptocurrency and fiat (USD, EUR, RUB) |
Available cryptocurrencies and tokens | Bitcoin, Ethereum, TRON (13 cryptocurrencies in total) |
Number of trading pairs | 44 |
Own token | No |
Commissions | From 0% to 0.25% |
Languages | |
Verification | Mandatory from 2022 |
Mobile app | Google Play, App Store |