How to Use CEX.io to Trade BTC and ETH With Your Bank Card

cex exchange guide

Buying and selling core digital currencies like Bitcoin and Ether have gotten popular and easy to do in recent times. Different cryptocurrency trading platforms offer these services. One of such reputable exchanges is CEX.io. The website has an intuitive design that makes the process of buying and selling cryptocurrencies enjoyable. If you want to buy and sell cryptocurrencies with your bank card, this piece is for you.

How to Buy and Sell Cryptocurrencies on Cex.io With Your Bank Card

1. Sync Your Card to CEX.io

Before you can start withdrawing your Bitcoin, you need to make sure that your card is synced to the system. This is to make sure that they comply with the money laundering laws of your environment. Although this process can be long and annoying, it’s worth the wait. To do this, you have to provide your card information, selfie time, and, CVV security code. After that, you’ll get a charge verification from the cryptocurrency trading platform.

2. Buy Your Cryptocurrency

After syncing your card, you can buy Bitcoins with a few clicks. Go to the wallet section and click on the deposit button. Select your preferred deposit and card. Also, choose the amount you would want to deposit and click on the deposit button. As soon as the money reflects, you can use it to buy Bitcoin by going to the buy/sell option. You can decide to buy at a fixed price with a single click, or you can set orders into your order book to get a better price.

3. Withdraw Bitcoin to Your Card

If you have some Bitcoin on CEX.io and you want to spend it in a shop, the first thing you should do is trade it into your local currency. This can be done directly from the trading interface. Even when you have your Bitcoins in another wallet, you can transfer it to CEX.io and trade it for the fiat currency of your choice.

After trading in your Bitcoin, you can withdraw it seamlessly into your bank account. The same procedure applies to Ether.

Crypotocurrency Exchange news, reviews and guides are provided by Smartereum team to inform and educate our viewers. You can find more helpful guides here

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.