Image Source: Google
C-CEX (Crypto-Currency Exchange), A Trading Place for Beginner
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency.[1] Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies. -wikipedia
In this blog I will discuss about an cryptocurrency exchange site, C-Cex. I knew about cryptocurrency since the beginning of 2014. At first, I only knew about bitcoin (BTC), and then I knew about ALT coin, such as the Doge, ETH, LTC, etc. I've tried many ways to get BTC or another coins, such as from the free faucet, investment, games, giveaway, trading, PTC, etc. However, now I am more inclined to trading cryptocurrency, because I think it is easier, time-saving and profitable. And one of trading site that I often use is C-Cex. So I will share my experience at C-Cex through this blog.
Image Source: C-Cex
About
C-CEX.com is a place for those in crypto-currency (i.e. Bitcoin) community and those interested in getting involved with crypto-currency community to trade their coins with all benefits our exchange can give. Launched in February 2014, we aim to give a great user experience matched with fast support. We will be adding many new coins based on popularity and requests of our users. We currently have more than 100 different coins to trade with. The C-Cex team is made up of talented developers and support who know how to build an efficient, secure and reliable system that uses the latest technology. -c-cex.com
Simple Interface and User Friendly
When compared with similar sites like poloniex, yobit, and bittrex, I think C-Cex has advantages over them in terms of interface design. C-Cex has a simple design and user friendly making it easier for its users. It also is one of the reasons why I love C-Cex. Here are some of the menu on the C-Cex:
"C-Cex Marketplace Interface"
Image Source: Snapped from C-Cex
- Marketplace
At the top, there is a choice for the market such as BTC, USD, LTC, the Doge, and ETH. And at the bottom there is a "coin hot pair" in each market, so you can determine the coins to trade and which is more profitable. - Favorite Coins & Market Overview
In the column Favorite coin coins you can determine which one would like to be your favorite coin, so you will be easier to monitor them. And in the market overview menu, you will see the details of the all the market coins such as the last price, supply, volume in 24 hours, etc. - Trading interface
In the middle and bottom are trading interfaces such as graphics, buy and sell orders, and trading history. Although each exchange site has this interface, but in my opinion the trading interface in C-Cex is easier to understand than others. - Other
On the left there are a variety of menu items such as ledger, transaction history, orders, etc. While on the right there is a troll box, where you can chat with other users. In addition, also as a bulletin board, which is usually C-Cex will announce something if there is new update or when there is a new coin listed.
C-Cex is also a great place for you who have a slow connection, like me. Unlike poloniex, which for me takes a long time to open it, or yobit which I felt heavy when open it and when leave it open.
Fast Deposit and Withdrawal with Small Fee
Another reason why I prefer C-Cex exchange sites than any other is, because of the its fast deposit and withdrawal. I'm still using BTC to fill the balance of my smartphone, because it is easier and I do not have to go out home. Usually when I make a BTC withdrawal, in just 1-2 minutes, the transaction already confirmed and the purchase for my smartphone balance can be processed immediately. Thus, it may only take about five minutes or a maximum ten minutes for me to recharge my smartphone balance.
"C-Cex Ledger Page"
Image Source: Snapped from C-Cex
As for the deposit, usually after 2 confirmed transaction, the deposit will be added to your account immediately. And of course, almost all exchange sites sometimes would have problem in terms of deposit and withdrawal, but do not worry, you can ask in the chat box, because sometimes the C-Cex support is online there or you can also send a support ticket for assistance.
And regarding fee for withdrawal, C-Cex will charge a fee of 0.0002 BTC when you make a BTC withdrawal. For me this is very small because there is a site exchange that charge a fee of 0.0005 BTC for each transaction. That is why I prefer to use C-Cex for now.
Various Coin to Trade
As a site exchange, C-Cex offers a many variety of coins to be traded. You could trade with famous coin such as BTC, ETH, the Doge, etc and more than 80 other coins. So C-Cex is a good place if you want to trade or just want to buy coins for investment.
"BTC and ALT coin in C-Cex"
Image Source: Snapped from C-Cex
A reminder from me, before you buy a coin make sure you've done research before whether the coin was legit or a scam and of course, do it at your own risk. Because C-Cex has a lot of coins to trade and certainly not all of them are legit.
A Good Trading Place for Beginner
I would recommend C-Cex if you are a beginner in trading and are looking for exchange site. You can learn a lot from here before jump into bigger exchange sites like poloniex. So you can prepare mentally when you are trading in bigger exchange sites, which is so many "whale" who are ready to eat you.
"3 Tips For Profitable Crypto Currency Trading (Plus Bonus!) By Shaka Daniel"
Video Source: Youtube
But before you do the trade, I suggest you to learn in advance about trading with cryptocurrency, because there is a possibility that you will lose instead of profit. And as I said above, do research on the coins that you want to trade, because the coin could become scam if you are not smart in managing strategy in trading. I suggest if you are a beginner in trading, choose a coin that already has a name in cryptocurrency market and has a big community like BTC, ETH, Doge, LTC, etc, and you can get profit if you can manage it well.
Image Source: Google
Do not hold a new coin for a long time, because you will not know if later it will become scam or the price will go down drastically. As from my experiences me, I have some dead coins and coins that would be a scam coin soon. I bought it in higher price and holding it for too long, so the price of these coins now dropped drastically and almost died. So it is the best if you stay away from new coin that are listed in C-Cex.
And last, if you are expert in trading you can choose poloniex as a trading place and feel the different sensations.
Do it at your own risk & only invest what you can afford to lose
Image Source: Google
