CEX.IO PRIME
Institutional crypto liquidity, aggregated from multiple providers.
Access deep order books from 15+ managed crypto and liquidity providers through one account and one integration — with the settlement, fiat rails and APIs to run every trade.
Built for payment institutions, brokers, OTC desks, trading firms, fintechs and treasuries.

$100B+
1,000+
Institutional clients
300+
Assets across 60+ networks
13 years
Operating since 2013
LIQUIDITY
Aggregated crypto liquidity, built for institutional size
One order, split across multiple order books, filled at one volume-weighted price.
EFFECTIVE SPREAD
3–8 bps
vs ~18 bps on a single venue
SLIPPAGE ON $1M BTC-USDT
~5 bps
vs ~12 bps on a single venue
FILL RATE AT SIZE
97%
vs ~78% on a single venue
▬ CEX.IO Prime, aggregated ▬ Single venue, top of book
OPERATING COST
The hidden cost of multi-venue crypto trading
Depth is only half of what trading across several exchanges costs. The rest is counterparty risk, repeated onboarding, fragmented controls and idle capital. Prime consolidates all four into one relationship.

01
Counterparty risk on every exchange
Every exchange you trade on holds part of your balance and is another counterparty to assess, monitor and re-approve. With Prime, execution and settlement are accessed through one integrated account relationship and interface.

02
KYB and onboarding, venue by venue
Each exchange brings its own KYB, legal review and compliance perimeter — then its own renewal cycle. One Prime onboarding process provides access to eligible aggregated liquidity, supported fiat payment functionality and sub-accounts.

03
Fragmented API keys, approvals and statements
Five sets of API keys, five approval models, five statements to reconcile. Prime books every execution to one internal ledger, with role-based access and a single audit log.

04
Pre-funding and rebalancing costs
Pre-funding each exchange leaves capital idle, while rebalancing may involve transfer fees and time out of the market. On Prime your funds stay on one account and do not leave it at the moment of execution.
EXECUTION
Four ways to execute: order book, Instant Convert, RFQ and OTC
Pick the mechanism that fits the trade. All four settle to the same account, the same ledger and the same report.
Order Book
Aggregated order book with limit and market orders against aggregated liquidity.
BEST FOR
Active trading, and control over order type and price
Instant Convert
Conversion at a fixed price, valid for a short window.
BEST FOR
Fast, predictable conversions
RFQ
Request-for-quote for an individually priced trade.
BEST FOR
Larger or less-liquid trades where you want the price before committing
OTC Execution
Assisted, off-book execution agreed with your relationship manager.
BEST FOR
Larger spot transactions or transactions requiring negotiated execution
PRODUCTS
Institutional settlement, accounts and wallet infrastructure around every trade
Liquidity is the product. This is the infrastructure that supports it.
One account, sub-accounts underneath
Fiat and crypto in one account view. Sub-accounts per business line, client group or strategy — each with its own deposit addresses, history and controls, and API keys scopable to one of them.

Prime Liquidity
Aggregated liquidity on one account, reachable four ways: order book, Instant Convert, RFQ and assisted OTC execution.
Asset security
CEX.IO provides secure account and wallet infrastructure for client asset management, with withdrawals subject to whitelisting address requirements and configurable approval controls.
Governance & controls
Role-based access. Single, dual or threshold approvals you configure yourself. Full audit log of who initiated, who approved, how and when. SSO and 2FA.
Settlement & payments
CEX.IO Pay
Move fiat and crypto on the Platform in seconds — no chain, no confirmations, no settlement wait. The rail behind payouts and closed-loop settlement.
Platform access
The Prime terminal for your traders, FIX 4.4 for your order management system, REST and WebSocket for your platform, Webhooks for your back office. Same account, same balances, same controls.
Reporting
One internal ledger behind every product. Statements at account and sub-account level, plus per-product reporting correlated by order, transaction and your own reference IDs.
Dedicated relationship manager
A named relationship manager for your account, backed by a 24/7 institutional desk. Onboarding, limits, controls and product scope are set with you, then reviewed as your flow changes.
WHO IT'S FOR
Built for approved institutional clients across payments, trading and digital assets
Prime is configured for each eligible client at onboarding. These are the shapes it most often takes.
Payment institutions & EMIs
Convert eligible fiat balances into supported crypto-assets or stablecoins through Prime, with access to supported SEPA Instant, Faster Payments and SWIFT, where available.
Execution and same-day fiat from one provider
Exchanges & approved brokers
Access aggregated liquidity for trading activity through one integration, without maintaining separate venue relationships and accounts for each connected venue.
Aggregated depth through one integration
Payment providers & wallets
Integrate eligible liquidity, conversion and settlement functionality into approved institutional workflows through APIs and Webhooks.
Crypto and fiat connectivity through one integration
OTC desks
Use RFQ for price certainty on larger spot transactions, or order slicing across available venues to manage market impact, with assisted OTC spot execution where available.
Price certainty and execution flexibility for larger spot trades
Licensed iGaming
Convert crypto receipts as they arrive, rebalance treasury exposure across supported crypto-assets and stablecoins, and keep operating and settlement flows on separate sub-accounts.
Crypto liquidity for a business that never closes
Trading firms & treasuries
Access aggregated spot liquidity, stablecoin conversion and client-directed treasury rebalancing through configurable account and approval controls.
Spot execution and treasury controls
Something else? Tell us your model — products, assets, rails, limits and controls are set to fit it at onboarding. Talk to our team
CONNECT
Crypto liquidity API — FIX 4.4, REST and WebSocket
Order entry, market data and account events over the transports your stack already speaks.
■ 99.99% uptime · Full API reference at docs.prime.cex.io
REGULATION & SECURITY
Regulatory status
Licensed and registered in multiple jurisdictions. Applications not yet granted are marked as pending.
United States
Licensed money transmitter in the majority of US states
CEX.IO Corp. · US Licenses and Registrations
FinCEN MSB registration
CEX.IO Corp.
United Kingdom
FCA registration under the Money Laundering Regulations
CEX.IO Markets UK Ltd · not an FCA authorisation
European Union
COMPARISON
Why institutions choose CEX.IO Prime
The edge is the combination — not any single row.
FAQ
Frequently asked questions
What is a crypto liquidity aggregator?
A crypto liquidity aggregator consolidates the order books of many trading venues into one book, then routes each order to the best available prices across those venues, as determined by the routing logic. Instead of executing against the depth of a single venue, your order draws on combined depth — while you still manage one order, one account and one report.
Where does Prime's liquidity come from?
Prime is not a single-venue liquidity provider. It connects to a liquidity aggregator that combines 15+ managed crypto and liquidity providers, centralised and decentralised, into a single aggregated order book. The composition is managed by the aggregator and changes as markets do.
Does CEX.IO Prime trade against client orders?
No. Prime routes your order to the market; it does not take the other side of it, and it does not match orders between Prime clients.
Who holds client assets?
Client assets are held on CEX.IO's in-house infrastructure. Withdrawals go only to whitelisted addresses, under approval rules you configure. Legal entity and asset protection terms are set out in your client agreement.
What happens to my funds at the moment a trade executes?
Client funds do not leave Prime at the moment of execution. Your balance updates immediately on Prime's internal ledger; settlement between Prime and the aggregator runs as a periodic background process, not per trade.
Which currencies, rails and networks does Prime settle in?
Does Prime offer derivatives?
Prime is a spot platform. It does not offer derivatives, leverage or loans. Execution covers order book trading, Instant Convert, RFQ and assisted OTC execution.
How does a firm connect?
Through the Prime UI, or programmatically over FIX 4.4, REST and WebSocket, with Webhooks for event delivery. A sandbox is available for integration testing before going live.
How is pricing structured?
Commission is set per client and reflects your trading profile and volume.
What does onboarding involve?
Onboarding starts with KYB: your company's jurisdiction of establishment, ownership and business activity. Once approved, products, limits and controls are set with your relationship manager, and you get access to the Prime terminal and APIs, with a sandbox for integration testing before going live.
Which entity would we contract with?
Your contracting entity depends on your jurisdiction and is confirmed during onboarding. Detailed conditions are available in the Terms of Use for each jurisdiction.
GET STARTED
Start with an account, or start with a conversation
Tell us how you trade and how you settle. We come back with the products, the limits and the contracting entity that apply to you.
Prefer self-service?
Full onboarding and KYB, then platform access — fund the account and trade aggregated liquidity yourself.
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