What is a centralized cryptocurrency exchange (Cex)?

— Centralized Exchanges (CEXs) are a type of cryptocurrency exchange, meaning they allow users to buy and sell cryptocurrencies. — Much like stock exchanges, CEXs use order books to facilitate trades.

What services does a Cex offer?

CEXs generally offer supplementary services, such as crypto asset custody. They often require that users deposit their crypto assets at the exchange before trading can happen. Exchanges are the most valuable businesses in the crypto world, according to a 2021 report by global accountancy KPMG.

What is a Cex order?

Orders are requests to buy or sell a certain amount of a specific cryptocurrency at a specified price. A CEX aggregates orders placed in the order book by its users and then uses special software to match and execute the corresponding buy and sell orders.

Who is Cex Io?

December 2022. CEX.IO has been innovating since 2013, and remains a trusted guide in the crypto space. We work closely with regulators around the globe to ensure our services are properly vetted and pride ourselves on taking the next step when it comes to user protections.