US investors permitted
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 C2CX consists of four parts: general information, fees, deposit methods and security.
C2CX is a Chinese cryptocurrency exchange. One of many other exchanges from China that you might be interested in if this exchange is not to your liking is BTCTrade.im.
We have not been able to find information on whether US-investors are permitted to trade at this exchange or not. So, if you are a US-investor and you want to trade at C2CX, you’ll have to examine the possibility of doing so yourself. Maybe you’ll have to choose one of the other top crypto exchanges.
C2CX 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. C2CX offers a flat trading fee of 0.20%. C2CX does accordingly not care about whether you are a taker or a maker. For investors who prefer to pick-up existing orders from the order book, this might be an attractive trading fee model. 0.20% is in line with industry average (the industry average is arguably around 0.25%).
C2CX Withdrawal fees
The exchange charges a withdrawal fee amounting to 0.0001 BTC when you withdraw BTC. This fee is far below the industry average and is a competitive advantage against most other top crypto exchanges.
Wire transfer is an available deposit method with this exchange, but credit card is not. This of course bad news if you would prefer to use your credit card for any reason.
This exchange’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.
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.