|Fiat Currencies Supported
|USD, GBP, EUR
|Total Supported Cryptocurrencies
|0.04% - 0.06%
|Bank Transfer, Debit Card, Credit Card, Cryptocurrency, Apple Pay, AdvCash, Payeer, SettlePay Wallet, GEO Wallet, Simplex
|Facebook, Twitter, Instagram, Live Chat, Help Center Articles, Support Ticket
|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.
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.
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.
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 Supported Cryptocurrencies
EXMO supports trading on over 26 cryptocurrencies on their platform. This exchange currently supports 16 of the top 30 market cap cryptocurrencies.
View all cryptocurrencies EXMO supports
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 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.
|Deposit Fee (Bank Transfer)
|Deposit Fee (Credit/Debit Card)
|0% - 2.99%
|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, $
|10,000,000 – 50,000,000
|5,000,000 – 10,000,000
|2,500,000 – 5,000,000
|1,000,000 – 2,500,000
|500,000 – 1,000,000
|250,000 – 500,000
|100,000 – 250,000
|50,000 – 100,000
|25,000 – 50,0000
|10,000 – 25,0000
|0 – 10,000
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 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.
Total Supported Cryptocurrencies
Fiat Currencies Supported
USD, GBP, CAD, EUR, NZD + 78 others
Total Supported Cryptocurrencies
0.06% - 0.16%
Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR + 1 other
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.
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
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