We may earn a commission from links on our site, but this doesn’t affect our reviews. Advertiser Disclosure

EXMO Review

Last Updated on January 31, 2024

James Headshot
Written by
Adam Headshot
Edited by
EXMO logo
3.44
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.
Visit EXMO

The Bottom Line Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

EXMO shines as a cryptocurrency exchange that prides itself on offering a wide variety of digital assets and a user-friendly trading experience. With its attentive customer support, secure trading environment, and a platform geared towards meeting the needs of its users, EXMO stands out as a reliable brokerage company within the crypto community.

Table of Contents
Disclaimer: This is not a validation of cryptocurrency or any particular provider, service, or product. It should not be taken as advice to engage in trading or use any services. Please check our terms and conditions.

Pros

  • Supports a variety of cryptocurrencies
  • Offers a range of trading pairs
  • Provides a user-friendly interface
  • Features fiat-to-crypto transactions
  • Implements robust security measures

Cons

  • May have higher fees compared to some competitors
  • Limited educational resources for new traders
  • Not available to users in certain countries due to regional restrictions
  • Customer support response times can be slow
  • Liquidity can be lower for some trading pairs

Quick Summary

Headquarters Location London, UK
Fiat Currencies Supported USD, GBP, EUR
Total Supported Cryptocurrencies 26+
Trading Fees 0.04% - 0.06%
Deposit Methods Bank Transfer, Debit Card, Credit Card, Cryptocurrency, Apple Pay, AdvCash, Payeer, SettlePay Wallet, GEO Wallet, Simplex
Support Facebook, Twitter, Instagram, Live Chat, Help Center Articles, Support Ticket
Mobile App Yes - iOS, Android

EXMO is an established cryptocurrency exchange that has been serving a diverse clientele since its inception. It stands out as a platform that caters to both novice and experienced traders, offering a user-friendly interface along with a variety of trading options.

EXMO homepage

This review delves into the intricacies of EXMO, providing insights into its operations, features, and overall trading ecosystem.

EXMO continues to evolve within the dynamic crypto exchange landscape, adapting to the ever-changing demands and technological advancements that characterise the sector. With an emphasis on bridging the gap between traditional finance and the burgeoning world of digital currencies, EXMO remains at the forefront, ensuring that its platform remains relevant and appealing to a broad spectrum of traders.

As the crypto market matures, exchanges like EXMO are increasingly seen as critical infrastructures that support the growing ecosystem of digital assets.

About EXMO

The EXMO exchange is a company that has carved out a name for itself in the crypto market. With roots tracing back to 2013, it has grown steadily, providing services that facilitate the buying, selling, and trading of a wide range of coins and tokens.

The platform has been designed to cater to the needs of the cryptocurrency community, from the casual investor to the dedicated trader.

EXMO features

Since its establishment in 2013, EXMO has witnessed the ebb and flow of the crypto market, from the meteoric rise in the value of Bitcoin and the explosion in the variety of tokens available to trade, to the advent of decentralised finance (DeFi) and the push for greater mainstream adoption. The company has navigated through significant regulatory shifts, particularly in markets like Hong Kong, Saudi Arabia, and South Africa, while adapting to the evolving landscape of digital currency.

EXMO’s history is a testament to its resilience and ability to adapt to market trends, ensuring a wide range of investment opportunities for its users.

EXMO has a number of active social profiles including Facebook, Twitter, Instagram, LinkedIn, Telegram and YouTube.

EXMO has a mobile app on both the Apple App Store and Google Play.

EXMO Supported Cryptocurrencies

EXMO supports trading on over 26 cryptocurrencies on their platform. This exchange currently supports 16 of the top 30 market cap cryptocurrencies.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether USDt (USDT)
  • BNB (BNB)
  • Solana (SOL)
  • XRP (XRP)
  • USDC (USDC)
  • Cardano (ADA)
  • Dogecoin (DOGE)
  • Avalanche (AVAX)
  • TRON (TRX)
  • Chainlink (LINK)
  • Polkadot (DOT)
  • Polygon (MATIC)
  • Toncoin (TON)
  • Shiba Inu (SHIB)
  • Uniswap (UNI)
  • Bitcoin Cash (BCH)
  • Litecoin (LTC)
  • Internet Computer (ICP)
  • Dai (DAI)
  • Immutable (IMX)
  • Aptos (APT)
  • Ethereum Classic (ETC)
  • Cosmos (ATOM)
  • Stacks (STX)
  • Filecoin (FIL)
  • NEAR Protocol (NEAR)
  • UNUS SED LEO (LEO)
  • Kaspa (KAS)

View all cryptocurrencies EXMO supports

  • ADA
  • ATOM
  • BCH
  • BTC
  • DAI
  • DOGE
  • DOT
  • EOS
  • ETC
  • ETH
  • EXM
  • GAS
  • GUSD
  • LTC
  • NEAR
  • NEO
  • OMG
  • QTUM
  • SHIB
  • TRX
  • USDC
  • USDT
  • XLM
  • XRP
  • XTZ
  • ZRX

Trading Experience

User-friendliness and functionality are at the forefront of the trading experience on EXMO. The exchange has been designed with the user in mind, affording both new and seasoned market participants a smooth and efficient trading journey.

From intuitive navigation to a comprehensive suite of trading tools, the platform caters to a variety of trading strategies and preferences.

Trading on EXMO is shaped by the platform’s pursuit of a frictionless experience that caters to a wide array of trading styles and strategies. The company employs an advanced matching engine, providing quick execution of trades, which is particularly beneficial for those engaging in margin trading or looking to capitalise on rapid price movements.

The diverse pool of cryptocurrencies available for trading, including popular tokens like SHIB and the native coin, EXMO Coin, ensures that traders have access to a comprehensive suite of trading options.

EXMO exchange marketing

EXMO Fees

EXMO adopts a dynamic fee structure that aligns with industry standards, ensuring that users are provided with a competitive service. The fees for deposits, trades, and withdrawals are structured to encourage active trading, while also accommodating those looking to invest in a more hands-off manner.

The platform’s approach to fees is designed to balance affordability with the provision of quality services.

As a platform that catered to a wide market demographic, EXMO developed a flexible fee system that encourages an increase in trading volumes. The fees for deposits and other transactions are tailored to support both seasoned arbitrage traders and those making their first foray into the crypto market.

Moreover, the additional benefits derived from higher trading volumes demonstrate EXMO’s commitment to providing value to frequent traders, fostering a market conducive to both high-volume trading and long-term investment strategies.

Type Fee
Deposit Fee (Bank Transfer) 0%
Deposit Fee (Credit/Debit Card) 0% - 2.99%
Trading Fee 0.04% - 0.06%
Withdrawal Fee (Bank Transfer) 0% - 4.99%

EXMO supports a range of different cryptocurrencies with varying withdrawal fees. When looking at Bitcoin, their withdrawal fee is 0.0005 BTC compared to the industry average of 0.000075 BTC. So EXMO has a fee that is above the industry average by 566.67%.

EXMO has a maker/taker fee schedule which you can see below.

30-day Trade Volume, $ Maker Taker
50,000,000 + -0.02% 0.02%
10,000,000 – 50,000,000 0.00% 0.03%
5,000,000 – 10,000,000 0.02% 0.05%
2,500,000 – 5,000,000 0.03% 0.05%
1,000,000 – 2,500,000 0.04% 0.06%
500,000 – 1,000,000 0.05% 0.07%
250,000 – 500,000 0.06% 0.08%
100,000 – 250,000 0.07% 0.09%
50,000 – 100,000 0.08% 0.10%
25,000 – 50,0000 85% 0.10%
10,000 – 25,0000 95% 0.10%
0 – 10,000 0.10% 0.10%

Security - Is EXMO Safe?

Regulation and security are paramount in the realm of digital assets. EXMO takes these aspects seriously, employing a range of security measures including cold storage for the safeguarding of cryptocurrency holdings.

The platform’s commitment to regulatory compliance and security instills confidence in its users, making it a trusted name amongst major exchanges.

Security continues to be a decisive factor in the reputation of any cryptocurrency exchange. Beyond the implementation of cold storage measures, EXMO invests in robust security protocols such as encrypted communication, regular security audits, and multi-factor authentication to secure users’ cryptocurrency holdings.

This comprehensive approach to security is critical in fostering trust among its users and maintaining its status among major exchanges, especially in an era when the community is expanding to include more decentralised communities.

EXMO Customer Support

Customer service is an essential component of any platform, and EXMO’s customer support is accessible through several channels including a dedicated email service. The support team is responsive and knowledgeable, prepared to assist users with any queries or issues they may encounter, thus ensuring a positive review of their customer support system.

A positive review of customer support often hinges on the responsiveness and accessibility of the service provided. EXMO’s customer support extends beyond email correspondence to encompass a variety of channels that facilitate timely and effective communication.

The support team is trained to handle a range of issues, ensuring that from technical difficulties to payment inquiries, traders receive the necessary guidance. This level of service is crucial in maintaining the trust and satisfaction of the crypto community.

EXMO support

EXMO Support Channels

  • Facebook
  • Twitter
  • Instagram
  • Live Chat
  • Help Center Articles
  • Support Ticket

How to Sign Up on EXMO

  1. Create Account - Visit the EXMO website and fill out the create account form. You'll need to include a valid email, set your password and type in other details like your phone number and name.
  2. Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
  3. Transferring Funds - Once your account has been verified, you'll be able to deposit using the deposit methods listed below.
  4. Start Trading Crypto - That's it! You should now have everything in place to start trading.

Deposit Methods

  • Bank Transfer
  • Debit Card
  • Credit Card
  • Cryptocurrency
  • Paypal
  • Apple Pay
  • Google Pay
  • AdvCash
  • Payeer
  • SettlePay Wallet
  • GEO Wallet
  • Simplex

EXMO Alternatives

Binance logo

Binance

3.27
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
359+

Trading Fees
0.10%

Fiat Currencies Supported
USD, GBP, CAD, EUR, NZD + 78 others

Visit Binance
Kraken logo

Kraken

3.67
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
233+

Trading Fees
0.06% - 0.16%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR + 1 other

Visit Kraken
OKX logo

OKX

3.75
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
332+

Trading Fees
0.06% - 0.10%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 85 others

Visit OKX

Final Thoughts

In conclusion, EXMO presents itself as a robust platform that brings a lot to the table for those interested in crypto trading. Its combination of a user-friendly interface, diverse trading options, and a supportive trading environment makes it a noteworthy choice for traders looking to navigate the crypto exchange landscape.

The trajectory of crypto exchanges is inextricably linked to the broader shifts in digital finance and the increasing integration of cryptocurrency into everyday transactions. As digital assets become more intertwined with regular banking services and payment systems, the role of exchanges like EXMO will likely grow, offering more than just a trading platform but serving as a gateway to a diverse range of financial services.

The potential for further price surges in popular cryptocurrencies also hints at an expanding market with ample room for growth.

EXMO FAQs

Yes, EXMO requires ID for account verification purposes. In compliance with Know Your Customer (KYC) regulations, users must provide a form of government-issued identification to verify their identity before they can engage in certain activities on the platform, such as withdrawing funds.

To register with EXMO, visit their website and click on the ‘Sign Up’ button. You’ll need to provide an email address and create a password.

After confirming your email address through a verification email, complete your profile by providing the necessary personal details and documents for KYC verification.

EXMO operates as a regulated exchange within the jurisdictions it offers services. It complies with the necessary regulatory requirements in these areas, which adds a layer of security and trust for its users.

Yes, you can withdraw from EXMO once you have completed the necessary KYC verification procedures. The platform offers various withdrawal methods, including bank transfers and cryptocurrency transactions.

It’s possible to use EXMO without completing full verification; however, unverified accounts have limited functionality. These limitations often include lower withdrawal limits and restricted access to some of the platform’s features.

Yes, EXMO requires users to complete KYC procedures. This is to comply with anti-money laundering (AML) laws and to ensure a secure environment for all users on the platform.

EXMO supports various payment methods for deposits and withdrawals, including bank wire transfers, credit/debit cards, and several cryptocurrencies. The availability of these payment methods may depend on the user’s location and the verification status of their account.

EXMO exchange is based in London, United Kingdom. It serves a global user base and provides a platform for the exchange of various cryptocurrencies.

EXMO User Reviews

0.0 out of 5.0

0 reviews

5 Stars: 0%
4 Stars: 0%
3 Stars: 0%
2 Stars: 0%
1 Star: 0%

No reviews yet for EXMO - be the first to review!

Methodology

At Crypto Head we use a rigorous research and rating process to assess each platform. Our star rating system is out of 5 stars and is designed to condense a large amount of information into an easy-to-understand format. You can read our full methodology and rating system for more details.

About The Authors

James Headshot
Written by

Crypto Technical Writer

James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency.

His extensive experience in the industry and ability to present complex concepts in an understandable manner make his articles a valuable resource for readers seeking to navigate the ever-evolving crypto landscape.

Check James out on:
Adam Headshot
Edited by

Co-Founder / Managing Editor

Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.

His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.

Check Adam out on: