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CEX.IO vs Strike

Comparing
two exchanges
Decided by
Editorial rating
Last reviewed
2026-08-27

A card-friendly exchange licensed across most of the US, but currently closed to deposits and trading in Europe.

Strike4.6Bitcoin-only

Lightning-native app for buying bitcoin and sending it anywhere instantly, with no added fee on transfers.

Verdict: Strike

Strike rates higher on our rubric: 4.6 against 4.0 for CEX.IO.

Criterion
Editorial rating
CEX.IO
4.0
Strike
4.6

CEX.IO and Strike, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

CEX.IO and Strike compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactCEX.IOStrike
Editorial rating4.04.6 (favoured on this row)
Published feesMaker-taker; card costs moreFee shown before you confirm
Maker feeNot publishedNot published
Taker feeNot publishedNot published
Identity verificationRequiredRequired
Bitcoin-onlyNoYes
Payment rails supported64
Countries ranked in1462
Ranks first in01
Countries shared22
Security record6 dated events, 1 incident, latest 2026-08-278 dated events, 1 incident, latest 2026-06-30
Founded2013Not stated
HeadquartersLondon, United KingdomChicago, Illinois, US
Last reviewed2026-08-272026-08-12

Where both CEX.IO and Strike are ranked

Each country guide ranks its own roster on published fees, security record and local payment support, so the two can sit in a different order from one country to the next.

Countries whose guide ranks both CEX.IO and Strike, with each platform's position in that guide.
CountryStatusCEX.IO ranksStrike ranksComparison
El SalvadorLegal#4#1
United StatesLegal#8#6

Security records of the exchanges ranked in this comparison

Dated events from each review, newest first: breaches, enforcement actions, licences, audits and proof-of-reserves publications. Every exchange ranked here carries one.

CEX.IO6 events

  1. 2026-08-27Outage

    Deposits and trading unavailable in Europe, withdrawals still open

  2. 2026-08-27Licence

    Money transmitter licences in 38 states and DC under NMLS 1804170

  3. 2026-03-12Licence

    UK entity registered with the FCA under the money laundering rules

The full record, with sources, in the CEX.IO review

Strike8 events

  1. 2026-06-30Licence

    Strike Europe authorised under MiCA by the Maltese regulator

  2. 2026-03-05Licence

    NYDFS granted Strike a BitLicense and a money transmitter licence

  3. 2025-06-18Resolved

    Withdrawals can now be locked behind passkey or hardware key 2FA

The full record, with sources, in the Strike review

Frequently asked questions

Is CEX.IO or Strike better?

Strike rates higher on our rubric: 4.6 against 4.0 for CEX.IO. The rating weighs published fees, security record and local payment support; the table above sets each beside the other so you can check the score against the facts.

Which is cheaper, CEX.IO or Strike?

CEX.IO: Maker-taker; card costs more. Strike: Fee shown before you confirm. Those are each platform's published headline rates; card purchases and instant-buy widgets cost more than the order book on both, and each review carries the full schedule.

Where can I use both CEX.IO and Strike?

Both are ranked in our guides for El Salvador, United States. CEX.IO is ranked in 146 countries in all and Strike in 2; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.

Has CEX.IO or Strike had a security incident?

CEX.IO carries 1 incident among 6 dated events, the latest on 2026-08-27: Deposits and trading unavailable in Europe, withdrawals still open. Strike carries 1 incident among 8 dated events, the latest on 2023-10-30: Customer email list leaked, denied by Strike, then admitted. Both reviews list every event with its source.

Do CEX.IO and Strike require ID verification?

CEX.IO: required; identity verification is required before purchasing.. Strike: required; identity verification is required to use the app; requirements vary by country..

The full reviews: CEX.IO and Strike, each with its sources, and every exchange we review.

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