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C-CEX

3 from 1 vote
Russia

Fees

Taker fee

0.2%

Maker fee

0.2%

Withdrawal fee

0.002

Funding methods

Wire transfer

Credit card

Other crypto

US investors permitted


C-CEX Review

A trading cryptocurrency guide must provide reviews of all of the top crypto exchanges out there, so that you can find the best cryptocurrency exchange site for you. This review of C-CEX consists of four parts: general information, fees, deposit methods and security.

General Information

C-CEX is a Russian cryptocurrency exchange. It feels unfair tospeak about a Russian cryptocurrency exchange without also mentioning YoBit, one of the first to ever exist. So there, now it’s mentioned.

The exchange does not forbid US-investors from trading on its exchange, but US-investors should do their own independent assessment of any problems arising from their residency or citizenship.

There has been a lot of complaints from the cryptocommunity regarding C-CEX. It started with this Bitcointalk-thread, where it was alleged that C-CEX themselves interfered with the trading. The accusations continued with a lot of Bitcointalk-users reported that they had been banned from the chatbox when raising questions about C-CEX and its business. Nobody from the team has come forward to meet the allegations. As a matter of fact, nobody even know who the team behind C-CEX is.

Trading Chart

We don’t know about you but in our view, this trading chart is a nightmare.

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C-CEX Fees

C-CEX Trading fees

The one thing we can’t stress enough is that you must always ascertain the trading fees at any exchange you are interested in. C-CEX is one of the exchanges that doesn’t separate between takers (liquidity stealers) and makers (liquidity creators). Instead, this exchange offers flat trading fees of 0.20%. For investors who prefer to pick-up existing orders from the order book, this might be an attractive trading fee model.

C-CEX Withdrawal fees

C-CEX charges a withdrawal fee amounting to 0.002 BTC when you withdraw BTC. This is in line with industry average, maybe slightly on the higher end of the spectrum.

Deposit Methods

C-CEX offers wire transfer as a deposit method, but you can’t deposit via credit card. This of course negative news to you if you would prefer to use your credit card for any reason.

Security

C-CEX’s security score is F, when performing the test at Observatory by Mozilla (https://observatory.mozilla.org/). This is below industry average when it comes to top crypto exchanges.

Also, there has been a lot of reports on funds being transferred from user accounts in small amounts, without any such accounts being compromised. As the transfers were not initiated by the users themselves, suspicions can with some justification be directed towards the exchange.

All in all, we would be very careful when trading at this exchange. Based on the feedback from the cryptocommunity, you should stay away.

***

If you have concluded that this is the exchange for you, congratulations! Go for it. But if not, please use our Exchange Finder here to find out which exchange has the best cryptocurrency exchange site for you.

Good luck!

C-CEX compared with other cryptocurrency exchanges
Cryptowisser – Your Trading Cryptocurrency Guide