When comparing CoinOne vs CEX.IO, the Slant community recommends CoinOne for most people. In the question“What are the best and reliable solutions to store and exchange cryptocurrency outside the US and EU?” CoinOne is ranked 2nd while CEX.IO is ranked 3rd. The most important reason people chose CoinOne is:
Alongside two factor authentication, CoinOne goes to great lengths to protect your funds. So you're never gonna be worried about losing any money.
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Pros
Pro Great security policy
Alongside two factor authentication, CoinOne goes to great lengths to protect your funds. So you're never gonna be worried about losing any money.
Pro Wide coverage
CEX.IO provides services in 99% countries across the globe, including 24 states in the US.
Except for the following countries which are restricted for credit card purchases: Iceland, Vietnam, Afghanistan, Algeria, Bahrain, Iraq, Kuwait, Lebanon, Libya, Nigeria, Oman, Pakistan, Palestine, Qatar, Saudi Arabia, and Yemen.
The following countries are restricted from buying with bank transfer: Afghanistan, Democratic Republic of the Congo, Côte d’Ivoire, Eritrea, Ethiopia, Guinea-Bissau, Haiti, Iran, Iraq, Kenya, Liberia, Libya, Guinea, São Tomé and Príncipe, Somalia, Sudan, Syria, Tanzania, Tunisia, Turkey, Vietnam, Yemen, Zimbabwe.
CEX.io does NOT support the following US states: Alabama, Alaska, Arizona, Arkansas, Colorado, Florida, Georgia, Guam, Idaho, Iowa, Kansas, Louisiana, Maryland, Michigan, Mississippi, Nebraska, New Hampshire, New Jersey, North Carolina, North Dakota, Ohio, Oregon, Tennessee, Texas, U.S. Virgin Islands, Vermont, Virginia, Washington.
Pro Beginner-friendly
If you want to buy or sell Bitcoins for USD or EUR in a few clicks, all you need to do is choose the number of Bitcoins to buy or sell, and select a respective bundle, or enter a custom amount. Note that you need to fund your account first with fiat money (USD/EUR) or Bitcoins.
Pro Requires very little information for its first tier of verification
In case you want to withdraw fiat funds or increase your deposit and withdrawal limits, you need to verify your identity. Verification at CEX.IO is very simple and intuitive.
Pro Has low fees
You can check the fees for transaction, deposit/withdrawal, and margin trading on this CEX.IO page
Cons
Con Subpar customer support
In the case of a lost password and/or locked account it might take a really long time to get your funds back. This is mostly because the customer support works pretty slow and may ask you to verify your identity multiple times.
Con Requires extensive verification process to increase buying limits
To increase your daily limits to CEX.IO’s “Verified” level, scans of a passport, driver’s license, or ID are required. In addition, a picture of you holding your ID, a picture holding your credit card, and a document for proof of residency are required.
Verified accounts can purchase up to $10,000 worth of bitcoins per day or up to $100,000 per month via both credit card and bank transfer.