Comparison of Cex.Io vs Coinlist [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Cex.Io vs Coinlist comparison!

Your expert: Alejandro Borja

cex.io

Cex.Io

Investing risks losing your money

Your expert: Xavier Tarrasó

coinlist

Coinlist

Investing risks losing your money

Main points

Fees

0,15%/0,25%

Earns

Yes

Customer service

4/5
0,25%/0,50%

Fees

No

Earns

3/5

Customer service


Recommended for

Beginners

Yes

Trading

Yes

Passive income

Yes

Buy and hold

Yes
No

Beginners

Yes

Trading

No

Passive income

Yes

Buy and hold


Comparison of fees

Rating

3.8 – Reasonable fees but slightly higher for fiat transactions.
3.9 – Competitive fees with access to exclusive token sales.

Level

0,15%/0,25%
0,25%/0,50%

Brief explanation

CEX.IO operates with a transparent fee structure primarily revolving around trading and transaction fees. For traders, the fees are tiered based on the 30-day trade volume, starting from 0.25% for takers and 0.16% for makers at the lowest tier, and decreasing with higher volume. This competitive pricing makes it appealing for both high-volume traders and newcomers. The platform also charges fees for deposits and withdrawals, which vary depending on the currency and method of payment. For example, credit card deposits incur a fee, whereas some methods like bank transfers might offer free deposits depending on the user’s location.
CoinList charges a commission based on the transaction amount, which varies depending on the specific terms of each token sale or trade on the platform. The platform is known for its ability to handle initial coin offerings (ICOs) and provides access to new digital currencies that aren’t available on more mainstream exchanges. This focus on early-stage investments does mean that fees might be higher in certain cases, especially for exclusive or early access tokens. However, these fees are generally considered competitive within the industry, particularly given the unique access CoinList provides.

Cex.Io

Coinlist

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Product selection

Native token

No
No

Earns

Yes
No

NFT marketplace

No
Yes

Cripto/debit card

No
Yes

Company information

Full name

CEX.IO Ltd
CoinList Services, LLC

Regulation

Regulated in the Reino Unido
Regulated in the EE. UU.

Year founded

2013
2017

Founder

Oleksandr Lutskevych
Andy Bromberg, Graham Jenkin, Paul Menchov

Payment methods

Transfers

Yes
Yes

Mastercard

Yes
No

Wire transfer

Yes
Yes

Card

Yes
No

Comparative table

Cex.Io FEATURES Coinlist
CEX.IO allows for small minimum trade amounts, making it accessible for beginners to start trading with a low barrier of entry.
Minimum Trade
CoinList offers a flexible minimum trade amount, accommodating both small and large investors, though specifics can vary based on the cryptocurrency.
The fees are competitive but could be more transparent, particularly concerning the different tiers and specific services.
Trading and Transaction Fees
Fees on CoinList are competitive but can be higher compared to some other exchanges, particularly for less common trading pairs.
CEX.IO supports a diverse range of cryptocurrencies, offering users a broad selection of popular and lesser-known coins.
Number of Cryptocurrencies
CoinList supports a variety of cryptocurrencies, especially new and emerging tokens not readily available on other platforms.
The exchange provides a substantial number of trading pairs, facilitating versatile trading strategies.
Crypto-to-Crypto Trading Pairs
Offers a robust selection of crypto-to-crypto trading pairs, focusing on new and innovative tokens.
The website offers clear information on trading conditions, security protocols, and company policies, making it easy for users to find essential details.
Website Transparency
The website provides essential information; however, details about fees and some services could be more transparent.
The card is linked to your crypto account, providing convenience and benefits like crypto cashback on purchases.
Credit/Debit Card
CoinList does not offer an exchange card for in-store purchases. Their focus is primarily on token sales and providing access to new cryptocurrencies.
Provides secure storage options with a majority of funds held in cold storage, though details could be more accessible to users.
Storage Offering
Provides secure storage options, including cold storage for major assets to ensure safety.
Offers staking for several cryptocurrencies with competitive rewards; however, more coins could be added to enhance this feature.
Staking and Rewards
CoinList offers competitive staking opportunities, especially for newer tokens that are exclusive to the platform.
Both platforms are user-friendly and fully-featured, making trading accessible on the go and from desktop devices.
Mobile App and Desktop
Both mobile and desktop interfaces are user-friendly and well-designed, though occasional bugs affect performance.
Customer service is available and helpful but can be slow to respond during peak times. Improvements in response time could enhance user experience.
Customer Service
Customer service is a notable weak point, with slow response times and often unsatisfactory resolutions.
Deposits are straightforward and usually quick, but withdrawal processes and associated fees need clearer explanations and potentially lower costs.
Deposit and Withdraw
Supports a range of deposit and withdrawal methods, but improvements are needed in processing times and clarity on fees.

Key features

Analysis tools

Basic charting tools, technical indicators
Basic information, no advanced tools

Mobile APP

No
Yes

Security

High 4,9/5
High 4,9/5

Additional features

Margin trading, staking, CEX.io Loan service, fiat on/off ramps
Token sales, staking, lending services, CoinList Pro exchange

Anonymity

No
No

Key points

Available cryptocurrencies

80+
50+, focuses on early access to new tokens

User-friendliness

Features a user-friendly interface that is easy to navigate, making it suitable for beginners. The platform provides a seamless trading experience with essential features easily accessible.
CoinList provides a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making the trading process smooth and efficient.

Value for money

Delivers decent value for money with competitive fees and strong security features, suitable for both beginners and experienced traders.
Delivers decent value for money with competitive fees and access to exclusive token sales, though it may not suit all traders.

Countries of operation

Global, including United States, United Kingdom, Europe, Canada, Australia
United States, Canada, United Kingdom, Australia, Germany

Best for

Suitable for global traders looking for a reliable and secure platform with competitive fees and a wide range of supported cryptocurrencies.
Great for investors interested in accessing exclusive token sales and competitive fees.

Base currencies available

USD, EUR, GBP, RUB, BTC
USD, BTC, USDT

Account

Trading

CEX.IO offers a secure and user-friendly platform with a good range of cryptocurrencies. It supports fiat integration and has competitive fees but lacks some advanced trading tools.
CoinList is known for its support of new token launches and a wide range of cryptocurrencies. It offers competitive fees but has a complex interface that might be challenging for beginners.

Deposit and withdrawal

CEX.IO provides multiple deposit options, including bank transfers, credit/debit cards, and cryptocurrencies. Withdrawals are processed quickly, usually within a day, with competitive fees.
CoinList offers standard deposit and withdrawal methods like bank transfers and crypto deposits. Withdrawals are processed efficiently, usually within a day, with low fees.

Account opening process

CEX.IO offers a straightforward account opening process. Users need to provide personal information, verify their identity, and the process is typically completed within a day, making it efficient and user-friendly.
CoinList offers a straightforward account opening process. Users need to provide personal information and verify their identity. The process is fully digital and usually completed within a day, making it user-friendly.

KYC required?

Yes
Yes

Customer Service

CEX.IO provides customer support via email, live chat, and phone. The support team is responsive and available 24/7, ensuring users get timely assistance.
CoinList offers support via email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.

Security

CEX.IO offers comprehensive security measures, including 2FA, encryption, and cold storage. It is regulated by several financial authorities, ensuring high security for investors.
CoinList provides strong security with 2FA, encryption, and cold storage. However, it lacks regulation from major financial authorities, which might be a concern for some users.

Which of these exchanges is for you?

As one of the experts reviewing CEX.IO on our website, I’ve had a positive experience with their platform overall. It’s a great choice for both newcomers to cryptocurrency and seasoned traders. The user interface is straightforward, making navigation and trading uncomplicated. Additionally, their security measures give me confidence in recommending CEX.IO as a reliable place to trade and store digital assets. For anyone looking to dive into crypto trading or expand their portfolio, CEX.IO offers a solid, dependable foundation.
As a cryptocurrency expert on our website, I’d recommend CoinList for those looking to explore new and emerging tokens. CoinList offers unique early access to initial coin offerings and a platform that’s both innovative and regulatory compliant. While it has areas that could be improved—particularly in customer support and platform stability—its distinctive position in the market makes it a valuable choice for investors interested in the forefront of cryptocurrency innovations. If you’re ready to dive into new investment opportunities and are aware of the higher risks associated with new tokens, CoinList could be an exciting platform to consider.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

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