CEX.IO Exchange Now Allows Users to Trade Ethereum with Bitcoin and USD

Many people know CEX.IO as a platform for buying and selling Bitcoin and various fiat currencies. However, CEX.IO recently announced that the platform has begun to support Ethereum transactions. Currently, platform users can use Bitcoin and US dollars to trade Ethereum cryptocurrency Ether.

CEX.IO platform adds Ethereum trading

Cryptocurrency trading platforms are actively expanding their services, and CEX.IO is no exception. The addition of Ethereum to its list of available trading currencies has attracted the attention of many platform users, as users can now trade Ethereum with Bitcoin and US dollars on the CEX.IO platform.

CEX.IO has become the latest digital currency exchange to support Ethereum trading. Bitfinex added Ethereum a few weeks ago, and South Korean and Japanese exchanges followed suit.

CEX.IO exchange is closely following the trends and needs of digital currency traders, and the addition of Ethereum to Bitcoin trading and Ethereum to USD trading is a wise decision for CEX.IO. This news is also an exciting opportunity for the Ethereum community.

However, given that Ethereum prices are currently falling, it remains to be seen whether CEX.IO's decision will play out in the long run. Cryptocurrency traders have been selling their Ethereum in the past few days, which has led to a decline in Ethereum's market value. However, Ethereum is still the world's second largest cryptocurrency in terms of market value.

The biggest interest in the Ethereum ecosystem comes from developers who are exploring blockchain technology and smart contracts. The Ethereum ecosystem is suitable for developers. CEX.IO believes that adding Ethereum transactions is a good decision, enabling everyone to buy Ether through their convenient payment methods.

According to the information we have so far, CEX.IO currently has more than one million users. The company has transformed from its original cloud mining business model because it is more profitable for the British company to be an exchange. In addition, although the platform's services in the United States are limited due to FinCEN regulatory requirements, its services are open to 95% of the world's countries.

Original text: http://bitcoinist.net/cex-io-adds-usd-and-btc-ethereum-trading-markets/#userconsent#
Author: Jp Buntinx
Compiled by: Kyle
Source (translation): Babbitt Information (http://www.8btc.com/cex.io-ethereum-trading-markets)