CEX.IO in Guernsey
- Rank in Guernsey
- #3 of 4
- Bitcoin in Guernsey
- Legal
- Our rating
- 4.0
- Review updated
- 2026-08-27
Yes. CEX.IO serves Guernsey and ranks third of the 4 exchanges in our Guernsey guide, on fees, security record and local payment support. Here it takes Faster Payments and Debit or credit card; Faster Payments is the rail local buyers lead with. Instant card buys carry a processing fee and a premium over the spot price; the spot exchange uses maker-taker pricing that falls with volume. Identity verification is required before purchasing.
How to pay on CEX.IO in Guernsey
The deposit rails CEX.IO offers to buyers in Guernsey, from our Guernsey guide reviewed 2026-08-20. Each one links to how that rail works here.
What CEX.IO charges, and what it asks for
Instant card buys carry a processing fee and a premium over the spot price; the spot exchange uses maker-taker pricing that falls with volume.
- spread note
- Instant buy quotes include a premium over the spot exchange price.
- deposit note
- Faster Payments, SEPA and ACH deposits are free of charge; card deposits cost 0.49% to 4.99% plus a provider service charge.
- withdrawal note
- Bitcoin withdrawals pay a network fee. Fiat withdrawals cost 2.99 pounds by Faster Payments, 2.99 euro by SEPA and 5 dollars by ACH.
Identity verification
Required. Identity verification is required before purchasing.
CEX.IO's security and regulatory record
6 dated events on our record since 2023, 4 of them breaches, enforcement actions, insolvencies or outages. Newest first.
- Outage
Deposits and trading unavailable in Europe, withdrawals still open
- Licence
Money transmitter licences in 38 states and DC under NMLS 1804170
- Licence
UK entity registered with the FCA under the money laundering rules
- Enforcement
Cut off accounts in India at two days notice
- Enforcement
Removed USDT and DAI for users in the EEA to comply with MiCA
Is bitcoin legal in Guernsey?
Bitcoin is legal in Guernsey, and the island runs its own regulatory framework rather than borrowing the UK's. The Lending, Credit and Finance (Bailiwick of Guernsey) Law 2022, in force since 1 July 2023, requires virtual asset service providers carrying on business in or from the Bailiwick to be licensed by the Guernsey Financial Services Commission (GFSC). Buying from a global exchange as a resident is legal, and Guernsey levies no capital gains tax, which makes the tax picture simpler than in most of Europe.
Every exchange we rank in Guernsey
Ranked by our editorial review of fees, security record and local payment support. Rankings are never sold.
| # | Exchange | Rating | Fees | ID check | Pays with |
|---|---|---|---|---|---|
| 1 | Kraken | 4.7 | From 0.25% maker, 0.40% taker | Required | Debit or credit card, International wire |
| 2 | Coinbase | 4.5 | Maker-taker on Advanced Trade | Required | Debit or credit card, International wire |
| 3 | CEX.IOThis page | 4.0 | Maker-taker; card costs more | Required | Faster Payments, Debit or credit card |
| 4 | Coinmama | 3.9 | Commission plus card surcharge | Required | Faster Payments, Debit or credit card, International wire |
Frequently asked questions
Is CEX.IO available in Guernsey?
Yes. CEX.IO ranks third of the 4 exchanges in our Guernsey guide, ranked on fees, security record and local payment support. Here it takes Faster Payments and Debit or credit card; Faster Payments is the rail local buyers lead with. Our Guernsey guide was last reviewed 2026-08-20 and the CEX.IO review on 2026-08-27.
What payment methods does CEX.IO accept in Guernsey?
In Guernsey, CEX.IO takes Faster Payments and Debit or credit card. These are the localized rails from our Guernsey guide, not the platform's global list.
What does CEX.IO charge?
Instant card buys carry a processing fee and a premium over the spot price; the spot exchange uses maker-taker pricing that falls with volume.
Does CEX.IO require identity verification?
Yes. Identity verification is required before purchasing. Our record marks this as the platform's own policy rather than a Guernsey rule, so it applies wherever CEX.IO operates.
Is bitcoin legal in Guernsey?
Bitcoin is legal in Guernsey, and the island runs its own regulatory framework rather than borrowing the UK's. The Lending, Credit and Finance (Bailiwick of Guernsey) Law 2022, in force since 1 July 2023, requires virtual asset service providers carrying on business in or from the Bailiwick to be licensed by the Guernsey Financial Services Commission (GFSC).
Has CEX.IO had security incidents or regulatory action?
Our record for CEX.IO lists 6 dated events since 2023: 3 enforcement actions, 1 outage and 2 licences. The most recent, on 2026-08-27: Money transmitter licences in 38 states and DC under NMLS 1804170. Each event carries a source on the CEX.IO review.
CEX.IO elsewhere in Europe
CEX.IO ranks in 146 countries on this site. 12 of its 15 Europe pages are linked here; the review lists all of them.
Sources
- CEX.IO: US licenses and registrations
- CEX.IO: countries and territories not supported
- CEX.IO: limits and commissions
- CEX.IO: payment methods
- CEX.IO: withdrawal deadline for users in India
- CEX.IO: update regarding our services in Canada
- CEX.IO: MiCA compliance, USDT and DAI for EEA users
- CEX.IO: FCA registration in the UK
- GFSC: Lending, Credit and Finance sector
- Mourant: regulation of virtual asset service providers (VASPs)
- Collas Crill: GFSC final rules under Guernsey's LCF Law 2022
