Pros
Cons
Quick Summary
| Headquarters Location | London, UK |
|---|---|
| Fiat Currencies Supported | USD, GBP, EUR |
| Total Supported Cryptocurrencies | 37+ |
| 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 a well-established cryptocurrency exchange that has been serving a diverse clientele since its launch. The platform stands out as an accessible place that caters to novice and seasoned traders alike, offering user-friendly features and multiple trading options.
This review offers an in-depth examination of EXMO, providing insights into its operations, features, and overall trading ecosystem.
EXMO is evolving within the dynamic crypto exchange landscape, adapting to ever-evolving demands and technological developments sweeping through this space. By offering traditional finance products alongside cryptocurrency trading options, EXMO remains at the forefront of providing traders with access to a platform which remains relevant and appealing for a broad spectrum of traders.
As the crypto market matures, exchanges like EXMO have come to be seen as essential pillars in supporting digital assets’ ecosystem.
About EXMO
EXMO Exchange has made itself known in the cryptocurrency market since 2013. Since 2013, its services have enabled buyers and sellers to acquire coins and tokens of all sorts for exchange on EXMO’s platform.
This platform was specifically created to meet the needs of cryptocurrency community – from casual investors to dedicated traders.
EXMO has seen its fair share of changes to the cryptocurrency market since it first launched back in 2013. From Bitcoin’s phenomenal ascent in value and token proliferation to decentralised finance (DeFi) and widespread mainstream adoption. EXMO has experienced numerous regulatory shifts – particularly those seen in markets like Hong Kong, Saudi Arabia and South Africa – while remaining flexible enough to adapt with an ever-evolving digital currency ecosystem.
EXMO’s history stands as an indication of its flexibility and adaptability to market changes, offering users diverse investment opportunities.
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 37 cryptocurrencies on their platform. This exchange currently supports 19 of the top 30 market cap cryptocurrencies.
View all cryptocurrencies EXMO supports
- ADA
- ALGO
- ATOM
- BCH
- BTC
- CHZ
- DAI
- DOGE
- DOT
- ECS
- EOS
- ETC
- ETH
- EXM
- GAS
- GUSD
- LINK
- LTC
- MKR
- NEAR
- NEO
- PRQ
- QTUM
- SHIB
- SOL
- SUI
- TON
- TRX
- UNI
- USDC
- USDT
- VLX
- XLM
- XRP
- XTZ
- YFI
- ZRX
Trading Experience
EXMO is designed with user experience in mind, providing both newcomers and experienced market participants with an enjoyable trading journey.
With intuitive navigation and an array of trading tools, this platform caters to diverse trading strategies and preferences.
EXMO trading platforms strive to provide an easy, hassle-free experience that caters to a range of trading styles and strategies. An advanced matching engine provides rapid execution of trades – this feature is particularly advantageous for margin trading or capitalising on sudden price movements.
Trading cryptocurrency options like SHIB and EXMO Coin provides traders with a robust suite of trading choices.
EXMO Fees
EXMO has implemented a flexible fee structure that is aligned with industry standards to offer users a cost-competitive service. Fees for deposits, trades, and withdrawals have been structured so as to encourage active trading while accommodating those looking for passive investing solutions.
Fees on this platform have been structured to strike a balance between affordability and the provision of quality services.
EXMO is designed to cater to a broad market demographic and offers a flexible fee system that supports increased trading volumes. Deposit and transaction fees are tailored specifically for newcomers to the crypto market while veteran arbitrage traders are well supported as well.
EXMO’s higher trading volumes demonstrate its commitment to providing additional benefits for frequent traders, creating an environment conducive both for high-volume trading strategies as well as 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 0.0009 BTC. The average across all other exchanges that we've reviewed is 0.000461 BTC. This means EXMO charges above the industry average by 95.32%. This is worth noting because it likely means they are also charging higher fees and spreads across all cryptocurrencies on their platform.
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 of utmost importance in the digital asset space, which is why EXMO takes these factors seriously by employing various security measures such as cold storage to secure its cryptocurrency holdings.
Compliance and security initiatives of this platform inspire trust among its users, earning it an esteemed position among major exchanges.
Security remains a cornerstone of cryptocurrency exchanges. EXMO has invested in robust security protocols beyond cold storage measures such as encrypted communications, regular audits, and multi-factor authentication to safeguard its customers’ holdings of cryptocurrency assets.
Security must be integrated into every aspect of daily operations in order to build trust among its users and remain credible among major exchanges, especially as communities become more decentralised over time.
EXMO Customer Support
Customer support is an integral component of any platform, and EXMO offers its customer care through multiple channels such as an email service. Their team is responsive and knowledgeable in order to assist users with any inquiries or issues they encounter ensuring a positive review of their customer support system.
Customer support reviews typically evaluate responsiveness and accessibility. EXMO’s customer support goes beyond email correspondence to include multiple channels that enable timely and efficient communication with its clients.
Support team staff have been specially trained to address a range of issues, from technical difficulties to payment inquiries and trader inquiries, with traders receiving expert guidance in every instance. This level of service is crucial for upholding trust within the crypto community and guaranteeing its ongoing satisfaction.
EXMO Support Channels
How to Sign Up on EXMO
- 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.
- Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
- Transferring Funds - Once your account has been verified, you'll be able to deposit using the deposit methods listed below.
- Start Trading Crypto - That's it! You should now have everything in place to start trading.
Deposit Methods
EXMO Alternatives
Binance
Total Supported Cryptocurrencies
386+
Trading Fees
0.10%
Fiat Currencies Supported
USD, GBP, CAD, EUR, NZD + 75 others
Kraken
Total Supported Cryptocurrencies
244+
Trading Fees
0.08% - 0.40%
Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR + 1 other
OKX
Total Supported Cryptocurrencies
320+
Trading Fees
0.08% - 0.10%
Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 85 others
Final Thoughts
EXMO stands out as an expansive platform that offers traders interested in cryptocurrency an ideal trading environment, user-friendly features and plenty of trading options. Furthermore, its supportive trading community makes EXMO an outstanding choice when it comes to crypto exchange trading.
Crypto exchanges have long been tied to digital finance’s broad shifts and their increasing integration of cryptocurrency in everyday transactions. As digital assets become more entwined with regular banking services and payment systems, their role will likely expand significantly; serving more than simply as trading platforms but providing gateways into various financial services as well. EXMO may soon play an even more integral part of society than ever before!
Rising prices in popular cryptocurrencies signal an expanding market with plenty of room to grow.
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
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 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 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: