Established in 2013 as the first cloud mining provider, CEX.IO which has become a multi-functional cryptocurrency exchange, trusted by over 300,000 users, says that it is halving minimum limits for US Dollars withdrawals. Apart from halving the minimum withdrawal, the company has also introduced Individual Business and Corporate accounts.
In a press release, CEX.IO Bitcoin Exchange announced that it was decreasing fees for withdrawals in USD and EUR. At the same time it said that customers will get lower minimum limits for respective withdrawals. It not just lowered costs, but halved minimum limits for US Dollars withdrawals, from $200 to $100 as well.
Similarly, Euro withdrawals have decreased from €200 to only €30. A series of other announcements have also been made; for instance, from now on, CEX.IO users will be able to withdraw their fiat earnings with better conditions, being charged a considerably lower commission.
Nonetheless, the Bitcoin exchange also says that a fee for withdrawing US Dollars via bank transfer has decreased from $50 to $35 per transaction. At the same time the company admits that withdrawal cost in EUR remains only €10 within an ordinary SWIFT withdrawal, and €0.4 per SEPA payment.
Talking about the latest decisions by the