Please check out this CEX.IO iOS app review now because you deserve to buy cryptocurrency like a boss. Be careful. See this warning before downloading it.
Warning: Suspicious Sites Offering CEX.IO App Download
There are suspicious sites on the first page of Google Search offering CEX.IO app downloads. Please refrain from downloading anything from those sites. They may be spreading fake CEX.IO apps that are intended to steal information from CEX.IO accounts. Once you have your card linked to one of them, you’d be in trouble.
Those fake exchange apps may be tricking CEX.IO users like yourself into giving your credentials to the scammers. These apps may also be stealing numbers of credit or debit cards. Protect yourself and protect your CEX.IO balance. Download CEX.IO app only either from Google Play Store or from Apple App Store.
Disclosure
This page has affiliate links that may make me money. But the content is objective and trustworthy. As you’ll see, I share with you the most common complaints and offer you an alternative though the app is far from bad.
Common Complaints Against CEX.IO iPhone App
Every exchange app has downsides and received some complaints. In this section, you’ll find the most common ones associated with this crypto exchange app and something else important.
Important Note For iPad Users & Those With iOS Version Lower Than 10.0
There’s a possibility that this app won’t work on your device. On 04/30/2020, a user posted the following: “It doesn’t support iPad”. The developer responded with the following: “Make sure you have iOS 10.0 or later on your iPad…”
Common Complaint #1
Some people have complained about the verification process. One person wrote the following in 2020: “Verification can be a huge hassle.” Another person wrote something similar in 2021: “Verification Process is Poor!” Do these few complaints mean that you shouldn’t download this app? Probably not, but it’s something you should consider.
However, you should also consider that verification is a common problem at cryptocurrency exchanges. While creating my best bitcoin exchange reviews list, I found that verification is the most common cryptocurrency exchange issue. This issue is something that almost every exchange struggles with. That’s so because there are numerous KYC anti-money-laundering rules in place. They make it somewhat complicated to buy crypto with fiat money.
All of the above said, many people have zero issues with verification both at CEX.IO and other exchanges.
Common Complaint #2
A few years ago, CEX.IO didn’t support the vast majority of US states. That caused frustration among the residents of unsupported states. They downloaded the app and went through the verification process only to find out that they can’t use it. They left one star reviews. However, CEX.IO has solved this problem. In 2021, CEX.IO cryptocurrency exchange supports all US states except for Virginia and New York.
Common Complaint #3
Another common complaint is the inability to purchase some crypto assets from the USA. Here’s a complaint of that kind: “It took 2 weeks for support to respond to say the purchase of HOT is not supported in the US.” Not all cryptocurrencies are available to USA residents. In 2021, only fifteen are available. That includes all the major ones, such as Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Cardano (ADA), and Dogecoin (DOGE).
For a full list of available cryptocurrencies and to learn more about this crypto exchange, you can read my Ultimate CEX.IO Review: What Reddit People Think & More [2021] .
Bottom Line
While there are some complaints, the vast majority of user reviews are positive. CEX.IO iPhone app has 4.6 stars out of 5 on Apple App Store even though there are more than four thousand reviews. That seems to be a good rating. For that reason, you may want to sign up for CEX.IO here. Or you can find an alternative below.
Alternative Exchange
If the complaints you’ve read scared you, you may want to consider another exchange. The exchange with the best reviews is Paybis. The only downside is that it doesn’t offer any apps. The only way you can use it on a mobile device is through its mobile website. If you find that downside acceptable, feel free to check out my Paybis review. You can also visit my website homepage to get a personalized bitcoin exchange recommendation.
Introduction To CEX.IO Mobile App Features
CEX.IO cryptocurrency exchange offers an iPhone iOS app and an Android app. This review is about CEX.IO iPhone app. However, both apps have all of the features described below. Thus, if you have an Android phone, you too can use the full functionality of CEX.IO. In short, CEX.IO has apps that you can use on any major phone to buy bitcoin or bitcoin cash and trade various currency pairs. These apps offer an easy access to the entire crypto ecosystem.
CEX.IO mobile app has both usual features ordinarily available in exchange apps, such as card deposits, and unique features not available in other crypto apps. First, I describe usual features. After that, I explain unique features.
4 Usual Features Of CEX.IO iOS App
These features of CEX.IO iOS app (described below) make it easy to trade bitcoin and other cryptocurrencies; once your card is linked, it’s a breeze. By the way, these features also make it easy to check BTC price.
- Set price alerts to be informed about latest market moves. Always have BTC price at your fingertips.
- Deposit funds and instantly buy crypto using your debit or credit card. Deposit and withdraw various currency pairs.
- Compare BTC rate on different crypto trading platforms. You can do that in the Exchanges tab.
- Convert crypto to fiat and crypto to crypto in a few clicks. You can do that in the Wallet tab.
3 Unique Features Of CEX.IO iPhone App
While the instant buy and price alert features are common, the features below are unique to this exchange. They’re one reason you may want to use CEX.IO iPhone app for cryptocurrency trading. You can use these features in both the Android app available on the Google Play Store and the iOS app available on the Apple App Store.
Unique Feature #1: Exchange (Not The “Exchange” You Have In Mind)
The Exchange feature lets you convert one currency to another in just a few taps. It’s faster and more convenient than placing limit and market orders. Thus, this feature makes instant crypto possible.
Choose the currency you want to receive and select the currency and amount you want to spend. Exchange either part of your balance — 25%, 50%, 75% — or all of it. Then tap “Exchange now” and your currency will be converted.
The Exchange feature in the CEX.IO mobile app allows you to convert currencies even if no direct exchange pair is available. However, fiat to fiat conversions aren’t supported.
Unique Feature #2: Favorites
The Favorites feature allows you to bookmark the pairs you’re interested in so you can access them in a few taps, check the current price, place market and limit orders, and ultimately buy crypto in seconds. In short, this feature allows you to focus on the favorite parts of your crypto portfolio.
Unique Feature #3: Instant Exchange
Instant Exchange feature offers fiat to fiat conversions between all fiat currencies available on CEX.IO.
Want to trade with EUR pairs but have USD on your CEX.IO balance? Convert it in a few clicks with the Instant Exchange feature. Just remember to deposit funds beforehand.
To use this feature, go to the Exchange tab in the CEX.IO mobile app, choose the currency you want to receive, and click Convert.
When you use this feature, CEX.IO performs fiat to fiat conversions in two steps via an intermediary currency. For example, if you convert EUR to USD, there will be two exchange operations: EUR to BTC and BTC to USD.
This feature is currently available to non-US customers only.
Word Of Caution Regarding CEX.IO Crypto Wallet
While you can store your crypto portfolio in CEX.IO crypto wallet, it’s advisable to store it in a cold wallet not connected to the Internet. That greatly diminishes the risk of theft because cold wallets are the safest bitcoin wallets.
The best kind of cold wallet is a hardware wallet. So please do yourself a favor and check out the best hardware wallet right now. Please see how affordable it is right now.
Conclusion Of This CEX.IO iOS App Review
CEX.IO developers have done a good job. The app works most of the time and has many interesting features that allow you to make the best of your crypto portfolio. For that reason, feel free to sign up for CEX.IO right now.
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