Topic: **CEX.IO Bitcoin Exchange ** Buy Bitcoins with Cards in iOS / Android App*** - page 62. (Read 422409 times)

At this point my Ghs balance is 0.36896942, my BTC balance -0.00001499 but selling is only possible with 1 Ghs or up, so I am safe to conclude that I can write CEX.IO off

First rule of message boards. All trades reported actually took place and just about 99.8% of them were successful. Good luck, g

Just wondering, how did you come up with the idea to buy Dash/Darkcoins? Any sources you were following?

I’m saying about trading because I it really can be the solution to this whole thing with mining.

When CEX.IO turned off cloud mining, I was left with my useless 1THS (although they’d been useless for a while by then). I missed the chance to sell them for Bitcoins when the price was more or less adequate, but I did it when the mining halted. I bought Bitcoins with my 1000 GHS and traded them to Darkcoins. I did that mostly for fun, to see what happens, as I don’t normally trade altcoins.

Here’s my summary.

When I bought my THS, I paid around 2 BTC for them.
I sold it at around 0.7 BTC in January.
In January, I bought precisely 100 DRK (1 DRK at the time cost 0.007 BTC).
After I publish this, I’m going to trade my DRK to BTC again. If you have followed Darkcoin/Dash price lately, you know that the coin has rose significantly.
So, I’m going to end up with the same old 2 BTC, just because certain trends coincided.

It’s just one example. I haven’t considered other altcoins yet, and I cannot possibly know what the price of Dash will be in the future.

Of course. If fees are larger than income you'd be better off selling and changing cloud mining sites.

Trading GH/s was always the most profitable part of cex, in my experience. For the most part cloud mining alone just doesn't produce a significant ROI. Not to say I won't be happy when cex does decide to resume cloud mining, as the GH/s price may rise slightly.

0% fees are nice though.

Took my BTC out of CEX.io and bought KHS at Scrypt.cc.  They are paying every 10 minutes.   

That's why it's better to switch from mining to trading right now. I think those guys are trying to do exactly that.

Yup, but you can't transfer your GHS from cex to other sites. So if on cex fees>income, I don't really get why would anyone buy such at all, I guess it's all about the hopes the diff will go down, fees will be reduced and/or BTC price will rise.

Cloud mining on other sites is still profitable.

Since it's not profitable to mine (it would generate you net loss) anything above zero seems a fair price.

What do you mean by "converted to Scrypt mining"?

It worked for me today.   I was shocked to see the value of my GHS.  That has been sold and converted to scrypt mining now.   

Thank you!
The limits were set to assure the correct calculation of the fees and eliminate the wallet fragmentation issue. It is possible, however, that we review the minimum trade amount in the future. For example, if/when the Bitcoin price goes up significantly.
We ensure you, however, that we are not going to implement any kind of new restrictions.

All the new features are really great. Funding the account through a debit card could be a very comfortable thing. 0% trading is enticing. Will the minimum trade amount restrictions be lifted sometime too?

I'm not experiencing any problems at the moment.

Seems like all the trading is shut off right now.

A week of sleepless nights has already begun.

Time to sign in or sign up with CEX.IO and enjoy trading for free!



More about our improvements and 0% offer: http://bitcoin.cex.io/promo/

I am perhaps anxious to begin good trading again. I still buy decent hardware when I can get it cheap, and still mine on ghash. But when the cloud mining is underway it is unbeatable as a trade platform.

In the past few months, CEX.IO Bitcoin exchange has been focusing on developing the platform.
To make new features available for as many people as possible, we open the gates of our service and invite you to try out trading on CEX.IO Bitcoin exchange with 0% fees.

What’s new on CEX.IO:

• Deposits with credit or debit cards in a few clicks.
• No identity verification. Just add a credit or debit card and fund account.
• One user — multiple cards. Add as many cards as you want.
• Voxility anti-DDoS protection.

Status and certificates:

Recently, CEX.IO has obtained an MSB (Money Services Business) status in FinCEN, a bureau of the U.S. Department of the Treasury. As registered MSB, we have proved that we comply with the Bank Secrecy Act requirements applicable to financial institutions as well as to each of the specific requirements applicable to MSBs.  

Furthermore, CEX.IO is registered with the Information Commissioner’s Office (UK) as data processor and controller under registration reference ZA059396. The British ICO is an independent authority set up to uphold information rights in the public interest, promoting openness by public bodies and data privacy for individuals. Registration within ICO means we comply with the European legislation on personal data privacy.

Recently, CEX.IO possessed a Level 3 PCI DSS (PCI Data Security Standard) certificate. According to the latter, we are compliant with the standards and are able to store, process or transmit cardholder data of our users. All data is strongly encrypted. Apart from that, each photo submitted by a user during the verification process, is encrypted with a separate encryption key.

The 0% trade fee offer is in effect as of March, 25th, 12:00 (GMT), till April, 1st, 12:00 (GMT).