EXMO exchange: review, reviews, registration and entrance to the official website, input and output, how to trade cryptocurrency by example

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EXMO Exchange is an online platform for trading, buying, exchanging fiat currencies for popular cryptocurrencies, founded in 2013. Supported fiat currencies are USD, EUR, Russian ruble RUB, Ukrainian hryvnia UAH, Polish zloty PLN, Turkish lira TRY, Kazakhstani tenge KZT, pound sterling GBP. Supported cryptocurrencies: Bitcoin (BTC), Eos (EOS), Stellar (XML), Ripple (XRP), Ethereum (ETH), Litecoin (LTC), Tron (TRX), Cardano (ADA), OmiseGO (OMG), Dogecoin ( DOGE), Dash (DASH), Monero (XMR), Tether (USDT), Bitcoin Cash (BCH), Ethereum Classic (ETC), BitcoinGold (BTG) and others.

EXMO official website: exmo.me

Registering an account takes just a couple of minutes and includes specifying an email and password. To carry out exchange operations on the EXMO cryptocurrency exchange from 2020, you need to go through verification. Crypto exchange EXMO EXCHANGE LTD is legally registered in the UK. Has an Estonian license to provide cryptocurrency services.

Be sure to look at the list of other cryptocurrency exchanges and select the one you need according to your criteria.

The trading platform is included in the rating of the top 40 cryptocurrency exchanges in terms of reliability according to the data aggregator CoinGecko (trust 8 out of 10); 78th place in terms of trading volume, liquidity, traffic according to the Coinmarketcap service. The EXMO exchange is one of the most popular for traders in Eastern Europe and is among the top 10 best trading platforms in Europe. Has been working for over 7 years (since 2013); 52 cryptocurrencies and 196 trading pairs are presented; more than 2 million registered users; the average trading volume per month is 40-60 thousand Bitcoin.

The EXMO exchange received the BTC Awards CIS in the category “Exchange 2017” – the best crypto-exchange 2017. A similar award was received in 2018. In July 2019, the IEO (Initial exchange offering) was launched, during which the company sold its own token – EXMO COIN (EXM).

The EKSMO cryptoexchange interface has been translated into 13 languages, including Russian and Ukrainian. To enter, you can use sites on the domains: exmo.com (for all countries except Russia, where access is limited by Roskomnadzor) or the exmo.me mirror (for all countries). The application is available for download on Android and iOS devices.

We recommend using mailboxes with a high degree of security when registering on the EKSMO exchange. Better to create an email on the platform from Google Gmail. Be sure to confirm the creation of an account by clicking on the link in the letter received from EXMO. For account security, you need to enable two-factor authorization (2FA) in the profile settings. Each time you enter the EXMO website and / or perform financial transactions, you will receive a confirmation code to your phone in the form of an SMS or via the Google Authenticator mobile application.

As stated above, verification on the site has become mandatory since 2020. From March 2, 2018, this process on the EKSMO exchange takes no more than 24 hours (according to the representatives’ statement). Verification includes proof of identity, address and selfie photo.

On the official EXMO website, at the bottom of the page, you can see links to important information about limits, commissions, products, documentation, etc. The Knowledge Base section contains background information on working on the stock exchange. Educational and analytical videos are released on the YouTube channel.

Btcnewsweb.com editors prepared a detailed review with all the nuances and peculiarities of the EXMO exchange. The article provides examples of trading, working with a wallet, we note the advantages and disadvantages of the cryptocurrency platform.

Information about the EXMO exchange

Exchange nameEXMO (Russian EXMO)
Official site (mirror)exmo.me, exmo.com, exmo.com.tr
Year of foundation2013
Legal addressEngland, London, Kingdom Street, 2, 6th floor, office no. 656, W2 6JP
Founders (Co-founder)Eduard Anufriev, Ivan Petukhovsky
Chief Compliance OfficeRichard Kay
Chief Operating Officer & Chief Financial OfficerSergey Zhdanov
Exchange typeCentralized
MarketsSpot
ServicesExchange, OTC, merchant, IEO
Mobile appYes (Android, iOS)
Number of clientsMore than 2,000,000
User geographyEastern Europe (Russia, Ukraine, Belarus); China, UK, Poland, Canada and other countries
Working with fiat money (USD, EUR, RUB, UAH, PLN)
VerificationMandatory from 2020
Account protectionTwo-factor authentication: Google Authenticator, SMS
Commissions, limitsIn detail
Trading commissionfrom -0.05% to 0.4% (Details)
Inactive account fee$ 5 per month if there is no activity for 6 months
Cashback of paid commissionYes, if the trading volume is above $ 1000
CryptocurrenciesDASH, BCH, XML, ZEC, BTC, XMR, DOGE, USDT, ETC, ETH, LTC, XRP, WAVES, KICK, BTG, EOS, BTCZ, DXT, STQ, HBZ, TRX, ADA, OMG, MNX, INK, DXT, GAS, GNT, ZRX, VLX, ROOBEE, USDC, BTT, PTI, EXM, SMART, ETZ, MNC, GUSD, INKDX and others, 52 in total
Fiat MoneyUSD, EUR, RUB, UAH, PLN, GBP, KZT
Exchange tokenEXMO COIN (EXM) (IEO start – July 2019).
Number of trading pairs196
Trading volume 24h (29/10/2020)$17 203 149
Deposit and withdrawal methodsCryptocurrencies; Fiat money: QIWI, EXMO Gift, Webmoney (withdrawal), Privat Terminal, Contact, Yandex.Money, bank cards Visa or Mastercard, Perfect Money, Advcash, Payeer, bank transfer, SEPA, Bank Frick, Bacs, Faster Payments, Chaps
CodesEXMO GIFT from October 1, 2020. For cryptocurrency, you can both generate and activate. For Fiat money – only activate.
Types of ordersMarket, limit, stop
Simple market exchangeThere is
Margin tradingYes (up to 3x leverage)
DemoNo
Russian, Ukrainian languagesYes, the interface is localized
Training background materialKnowledge base
Social networkshttps://www.facebook.com/exmo.market, https://twitter.com/Exmo_com; https://www.youtube.com/channel/UCVj_rwnR1p-7Da15L8MwRNQ; https://t.me/Exmo_com; https://vk.com/exmo_com; https://www.instagram.com/exmo_exchange/
Supportemail, online chat
Contactssupport@exmo.com
Assessment from Btcnewsweb.com7

EXMO crypto exchange is registered in the UK. Legal information about the company: EXMO EXCHANGE LTD, Company Registration Number: 11655602. Registration address: 2 Kingdom Street, London, United Kingdom.

At the beginning of 2020, EXMO Estonia OÜ was registered (number 14851539), part of the EXMO Enterprise LTD holding. Licenses for the provision of cryptocurrency services were obtained: “Provision of a cryptocurrency wallet service”, “Provision of services for exchanging cryptocurrency for fiat currency”.

Official website of the cryptocurrency exchange: exmo.com

Exchange management:

EXMO exchange management

EXMO co-founder Ivan Petukhovsky is a public figure. He periodically appears on the RBC channel and acts as an expert in the cryptocurrency market. The fact that the main persons of the company are open is a big plus.

Company registration certificate (additional information on the website in the “Contacts” section):

EXMO EXCHANGE LTD company registration certificate

Registration on the official website of the EXMO exchange

To create an account on the EKSMO exchange, you need to go to the official website exmo.me and click “Register”.

Anyone can register absolutely free of charge. To do this, you need to fill out a form: specify a login, a strong password, phone number, e-mail (it cannot be changed in the future) and agree to the terms of service. We recommend that you agree to receive email newsletters in order to keep abreast of all the news of the exchange (changes in commissions; adding new cryptocurrencies; technical work, etc.).

registration form on the EXMO exchange

Within a few minutes, an email will be sent with a link for the final confirmation of registration in EXMO (be sure to follow it).

account activation on the EXMO exchange

By clicking on the link in the letter, you can see a message about the successful creation of an account on the EKSMO exchange and its activation:

Successful registration

Personal Area

The sections of the EXMO personal account open when you hover over the account name in the upper right corner, and they are also available in the left menu when you go to the wallet.

Personal Area

Among them:

✅ Wallet. More about it will be discussed below.

✅ Trade history. Information about the last transactions performed: date, type, amount, currency pair.

✅ Statistics of accruals for the cashback program, which returns a part of the funds spent on trading commissions.

✅ Private messages. Incoming and outgoing messages from other users of the site.

✅ Account verification. The section allows you to go through several levels of identity verification in order to provide maximum access to the entire functionality of the exchange.

✅ Referral program. Information about the effectiveness of the referral link – how many people have registered, what income they have brought. Here you can also take the banner code for placement on your website.

✅ Settings. Here, moving through the side menu items, you can set up alerts, create API keys, create a list of trusted IP addresses, enable two-factor authentication via Google Auth or SMS, view your account login history, and change your password.

EXMO verification

Account verification – confirmation of the user’s identity on EXMO. The site is registered in Britain and operates in accordance with British and European law. Fifth Directive 5AMLD against money laundering, all users who make cryptocurrency transactions must pass identity verification.

The identity verification process includes three stages: confirmation of identity, address and selfie with a document. Also, if you have a payment card, you must verify it as well.

verification on EXMO

As an identity document, you can use a passport, ID-card, passport or driver’s license. All information in photographs or scans should be readable without problems.

To confirm the address, you will need one of the following documents: utility bill, bank statement, judicial or tax papers, registration documents. The main thing is that he should not be older than three months.

As for the selfie, it should be of good quality, and the data on the document is completely readable.

The procedure for identifying a person on the EXMO cryptocurrency exchange takes up to 24 hours. In case of refusal, you must read the comments in your personal account.

You can read more about passing through the three levels of verification in the corresponding guide on the exchange website.

Account security and protection on EXMO crypto exchange

After registering and confirming your account, you need to log in to the EXMO exchange website using your username and password. For account security, you should enable 2 FA (two-factor authentication): Google Authenticator (GA) or SMS protection by going to “Settings” – “Protection” and choosing one of the proposed options. We recommend connecting one of the protections without fail.

two-factor SMS authentication

Logging in by SMS means confirming your mobile phone number. Each time you log in (authorize) to the EXMO exchange, you will receive a code on your mobile. To connect, you need to select “Enter SMS-code”, enter your phone number and click “Check”. Get a confirmation code and click “Confirm”.

To work with GA, you need to download and install the Google Authenticator application on your phone from the AppStore for iPad or iPhone; PlayMarket – for Android. Then log into your account on the EXMO exchange and click “Generate a new key” (remembering to save it), and enter it manually in the GA application or simply scan the barcode. Each time you enter the site, you will need to enter a six-digit code that will be generated by the application. If you lose your phone or tablet, you can restore access using the saved TOTP secret key.

Google Authenticator two-factor authentication

You can set up two-factor authentication only when logging into your EXMO account or full protection. To disable, you need to click “Deactivate”.

In the “IP address” section, you can enable login only for trusted IP addresses, if they are dynamic, then you should not enable it. In the “Access History” – all sessions, if there are suspicious entries, it is better to change the password.

It is important to note: there is a commission for an inactive account on EXMO.

Inactive account fee

If within 6 (six) calendar months the User has not performed one of such actions as a Transaction, Deposit or Withdrawal of funds, then the account of such User is considered Inactive. Account inactivity fee is 5 (five) US dollars at the current spot rate of US dollar to the currency in which the commission is charged. The account ceases to be considered inactive from the date of any of the listed actions: one transaction, replenishment or withdrawal of funds.

EXMO wallet

EXMO wallet is designed for storing, replenishing or withdrawing cryptocurrencies or fiat money.

EXMO exchange wallet

After entering the exmo.me website, the top menu contains all the necessary sections for work: Bidding, Quick exchange, Cashback, Buy cryptocurrency, Referral program. And in the upper right corner, the blue “Wallet” button is highlighted.

After registration, an EKSMO wallet is created in the following currencies:

✅ United States dollar (USD).

✅ Euro (EUR).

✅ Russian ruble (RUB).

✅ Ukrainian hryvnia (UAH).

✅ Polish zloty (PLN).

✅ Turkish lira (TRY).

✅ Pound Sterling (GBP).

✅ Kazakhstani tenge (KZT).

✅ EXMO coin

✅ Bitcoin

✅ Litecoin

✅ Dogecoin

✅ Dash

✅ Ethereum

✅ Waves

✅ Zcash

✅ Tether

✅ Monero

✅ Ripple

✅ Ethereum Classic

✅ Bitcoin Cash

✅ Bitcoin Gold

✅ EOS

✅ Stellar

✅ OmiseGO

✅ TRON

✅ Cardano

✅ NEO

✅ Gas

✅ 0x

✅ Golem

✅ Gemini dollar

✅ Lisk

✅ NEM

✅ SmartCash

✅ Qtum

✅ HeartBout

✅ Dai

✅ Maker

✅ Maincoin

✅ Paytomat

✅ Ether zero

✅ USD Coin

✅ ROOBEE

✅ Decred

✅ Tezos

✅ Zag

✅ BitTorrent

✅ Velas

✅ HeartBout PAY

✅ Cryptocean

✅ Ontology

✅ Ontology Gas

✅ Algorand

✅ Cosmos

✅ Wirex token

✅ Chiliz

✅ Harmony

✅ Sogur

✅ IQeon

✅ PARSIQ

✅ Hacken Token

To find out the address of a Bitcoin (BTC) wallet or other cryptocurrency for replenishment from another wallet or exchange, you need to click on the “Replenish” button opposite the selected account. Replenishment is available only after passing the first level of verification.

find out the address of the EXMO wallet

This is how a bitcoin address (standard Legacy format) looks on the EXMO exchange:

EXMO wallet bitcoin address example

How to deposit and withdraw cryptocurrency or fiat money from the EXMO exchange

Only verified users can withdraw or top up EXMO. Deposit / withdrawal methods: electronic money; Visa and Mastercard or bank transfers; cryptocurrencies; Exmo Gift Card, etc.

ways to replenish your account RUB

Commission-free option – using a Gift Card (the exchange’s internal currency), which can be purchased from an online exchanger. Withdrawal requests can be in the “Checking” status for up to 72 hours, but with us they were usually processed within an hour. This is the most convenient way to deposit (withdraw) money to the account of the exchange account. Commission for replenishment or withdrawal in this way is 0% from the exchange, crediting takes place instantly.

EXMO Gift Card for cryptocurrency can be both created (withdrawn funds) and activated (accepted funds to the balance). EXMO Gift Card for fiat money can only be activated, but not created.

You can purchase the code through exchangers (the exchange recommends https://hotrate.io/ru/, other services will be gradually certified). Using the exchanger, you can purchase a Gift code in any convenient way (banks are available: Sberbank, Alfa-Bank, etc .; Visa and Mastercard; Yandex, Qiwi and many other directions).

When using an exchanger, it is important to pay attention to reserves. If you need more amounts, it is better to contact the online support, which will advise on the further exchange.

Next, we will consider replenishment through the official website of the exmo.me exchange. The available methods of depositing in fiat money depend on the specific currency (also, for all of the listed options, a deposit using a Gift Card is available):

  • Rubles: VISA, Mastercard, AdvCash, Yandex, Qiwi, Payeer.
  • USD: VISA, Mastercard, AdvCash, Payeer, Bank Frick.
  • EUR: VISA, Mastercard, Bank Frick, Wire Transfer, SEPA.
  • GBP: VISA, Mastercard, Wire Transfer, Faster Payments, Bacs.
  • PLN: Gift Card only.
  • TRY: Visa, AdvCash.
  • UAH: VISA, Mastercard, Privat Terminal.
  • KZT: VISA, Mastercard, AdvCash.

To make a deposit, just select the desired currency, click “Replenish”, indicate the desired amount, and then follow the instructions of the selected payment system.

It is important to pay attention to the limits when working with cryptocurrency (the minimum and maximum amount available for a transaction) and commissions. This information can be found in the “Commissions and Limits” section at the link.

commission for withdrawal from EXMO wallet

An example is commissions for deposits and withdrawals of rubles.

EXMO Gift Card

EXMO Gift Card

EXMO Gift Card is a tool that replaced EX-CODE from October 1, 2020. Technically, this is the same code – an encrypted set of characters that allows you to conveniently, quickly and without commission transfer any currency to another exchange user. At the time of creation, the specified amount is blocked on the sender’s account, and when the code is activated, it is credited to the recipient’s account

It’s easy to create an EXMO Gift Card:

  • Go to the “Wallet” section.
  • Scroll through the list of currencies and select any of them (the function is not available for fiat money). Click “Withdraw”.
  • Find the Gift Card item.
  • Enter the amount to be sent.
  • If you want to specify the recipient’s login, then only he can use the money.
  • Click “Withdraw”.
  • Confirm the withdrawal of funds.
  • For example, this is how the code for the DOGE cryptocurrency looks like: EX-CODE_5618612_DOGE854206bc4dfdd69508b28d198d5d25fba53b8a3f
EXMO GIFT CARD creation

To receive money with EXMO Gift Card, you need:

  • Go to the “Wallet” section.
  • Select the desired currency. Click “Top up”.
  • Select the method of replenishment of the Gift Card.
  • Indicate the code you received.
  • Click “Download Gift Card”.
EXMO GIFT CARD download
  • The message “Code loaded successfully” should appear.
code loaded successfully

The funds will appear on the account within 30 seconds. If the sender created a name code, then anyone to whom it is not intended will see a corresponding rejection message on the screen. With the help of gift cards, you can quickly and profitably replenish the account of the EKSMO exchange or withdraw funds from the wallet. You can buy or cash them in online exchangers. This is one of the most convenient on-site deposit and withdrawal methods.

  • Exchangers where you can buy a Gift Card: so far only hotrate.io is officially certified.
  • Exchangers where you can exchange (cash out) Gift Card: Platov, Ramon Cash, Ychanger, Ferma cc, Abcobmen and others.

You need to select the direction of exchange: banks, cards, payment systems (Qiwi, Yandex.Money, Advanced Cash, Payeer or others) and indicate the amount. For example, the direction of exchanging EXMO Gift Card RUB to Yandex.Money, then enter the code and receive the required amount to the wallet. By going to the exchange website in the section, confirm the receipt of the gift card. This amount will be instantly credited to the EXMO balance. The commission in this case is 0%. In the same way, you can quickly withdraw money from EXMO (except fiat money) by creating a code for the required amount and exchanging it in an exchanger or in Advcash.

Replacing the EX-CODE with the EXMO Gift Card is related to the requirements of the regulator. The reorganization of this tool is a consequence of the latest relevant recommendations of the FATF (Financial Action Task Force on Money Laundering).

Quick exchange for EXMO

After replenishing your EXMO account, you can easily exchange the account currency for any cryptocurrency, thereby buying bitcoins, litecoins, ethereum, monero, dash and other coins. It is enough to go to the “Quick exchange” section from the top menu of the site, select a direction, indicate the amount to be changed, and immediately see the amount in cryptocurrency at the current market rate.

easy exchange for EXMO

Exchange on the EKSMO exchange is very simple, which is what beginners need. In just a few minutes, you can purchase popular cryptocurrencies, thereby investing money in them.

Exchange for EXMO can be made between any wallet currencies, for example, buy bitcoin for rubles, or ether for hryvnia.

How to trade cryptocurrency on the EKSMO exchange

transition to trading

You can buy cryptocurrency on the EXMO exchange through the section for trading cryptocurrency pairs. In the “Trades” tab there is a chart of the selected pair and the current rate:

Three forms of buy or sell orders are implemented:

Placing a limit order.

For example, the BTC / USD rate is $ 13,000. The user expects the rate to fall below and plans to buy for $ 12800. He places a limit order with an indication of the volume: when the rate reaches the specified mark, it will be executed, and the cryptocurrency will be purchased.

Instructions on how to place an EXMO limit order: the “Trades” tab – select a pair (for example, BTC / USD – bitcoin to the US dollar) – “Limit” – specify the amount of purchased currency and the buy or sell price:

Buying cryptocurrency by market (market).

market order

In this case, you must indicate the amount in cryptocurrency or in fiat money. The market rate is taken at a given time:

Buying cryptocurrency using a stop order.

creating a stop order

A stop order is a type of limit order for automatically executing a deal to sell or buy an asset when a predetermined rate threshold is reached, in order to mitigate risks in the event of a sharp drop in the rate. During the creation process, you need to specify the stop price and the amount of the crypt.

Statistics on open buy and sell orders (order book), as well as trading history are available:

order book and trading history

Example of buying cryptocurrency on EXMO

Let’s show with an example how to buy cryptocurrency for rubles. First of all, you need to replenish your RUB account. Then there are two options:

Purchase through “Simple exchange”

  1. We select “Simple exchange” in the top menu. We indicate the details of the operation and click “Exchange”.
fast exchange
  1. The deal is completed instantly. In the trading history, we see the details of the exchange. Please note: in this case, the transaction is carried out according to the market and, if there is no liquidity, the rate will differ from that indicated in the exchange form.
exchange history BTC / RUB
  1. We will see the purchased bitcoins on the wallet balance:
BTC wallet balance

Purchase through the “Trades” tab

  1. We select the required cryptocurrency pair, for example, ETH / RUB.
  2. Select the type of order, for example, limit.
  3. We indicate the quantity, purchase price and click “Buy”.
  4. In the example, we buy 0.01619005 ETH for 500 rubles at the rate of 30883.15 for 1 ETH:
limit order
  1. Before the execution of the limit order, you can cancel and set a different rate or quantity. After execution, in the Trades history tab, we will see information on it.
ETH / RUB trading history
  1. ETH wallet balance has been replenished:
ETH wallet balance

EXMO Coin exchange token

EXMO Coin

EXMO Coin is an ERC-20 token designed to work with internal exchange instruments and expand their range. With its help, customers will be able to receive bonuses and benefits when working with services presented on the exchange, as well as to ensure the safety of investments.

The total number of tokens is 2,000,000,000, no additional issue is provided. IEO ran from August to November 2019.

What are the benefits for the owner of EXMO Coin:

✅ Possibility of 50% reduction in trading commissions when purchasing the corresponding service for 30 days. The cost of the increased cashback service – from 1 to 500 dollars, is paid in EXM tokens at the current rate.

✅ Reduced commission fees for margin lending. Loan interest can be paid in EXMO Coin and at the same time receive a certain discount. The exact amount of the discount is determined depending on the current exchange rate of the token to the loan currency.

✅ Copying the strategy of successful traders. Copy trading allows you to analyze investment portfolios and the success of top traders, and then make transactions similar to them.

✅ Priority listing of new cryptocurrencies – for the first three days, such currencies and tokens will be traded only in relation to EXM, and then the possibility of trading with other assets will open.

✅ Cloud mining subscription. For tokens, it will be possible to get access to the computing power of EXMO partner companies.

In addition, EXMO Coin owners can communicate without restrictions in the exchange chat, vote for inclusion of coins in the listing or their exclusion, be the first to master all new functions, activate visual highlighting of the login, etc.

EXMO mobile application

EXMO mobile application

EXMO apps are available for Android and iOS. They are equivalent in terms of convenience and functionality to the web version of the exchange. Key features:

  • TOUCH / FACE ID.
  • Portfolio return for the last week.
  • Creation of orders.
  • Replenishment, withdrawal, exchange.
  • Transaction history.
  • Verification.
  • Diagram with wallet structure, etc.

User reviews:

user reviews of the app from EXMO

EXMO Cashback program

Cashback

The program for calculating cashback on EXMO allows you to return a total of up to 100% of the commissions paid for trading operations. Cashback is calculated every day based on the taker and maker rates corresponding to the total trading volume. When the order is closed, the system calculates the amount of the refund of the commission fee that must be paid to the participant. This amount is calculated and charged in the same currency in which the transaction was made.

Cashback payment is made the next day and represents the crediting of the calculated amount to the user’s personal wallet. You can increase the return rate by increasing the trading volume; it will change according to the payout ranks. In addition, you can always increase Cashback for EXMO Coin.

Cashback program terms

In addition, there is the concept of Premium Cashback – an additional discount on the commission. You can purchase Premium Cashback for EXMO tokens, the minimum price for a premium package is $ 1.

EXMO exchange referral program

Referral program to EXMO

By inviting friends to use the EXMO exchange, you can earn up to 25% of their commissions. To do this, it is enough to distribute your referral link, which is located in the “Referral Program” section of your personal account.

Users will register and make transactions, and the referrer will receive passive income depending on the volume of their trades.

IEO EXMO

Since April 2019, EXMO has been conducting IEOs – initial exchange offers of new tokens. The first project was the Paytomat wallet, and the sale of its tokens was completed in 99 seconds.

The next tokens were Roobee, ZigZag and EXMO Coin itself, the personal functional token of the exchange.

There is no IEO page on the EKSMO exchange as such. Trading takes place as follows: registered users prepare the required amount of BTC, and at the time appointed for the sale, they go to the page of the currency pair with a new token and purchase it. Buying a large amount can be rewarded in one way or another – for example, by assigning an elite status, which subsequently gives access to limited investment products.

Advantages and disadvantages

Pros:

✅ Large selection of trading pairs.

✅ Support for fiat currencies.

✅ Low commissions.

✅ Good communication with users.

✅ Frequent blog and social media updates.

✅ Simple interface.

✅ Good security.

✅ Additional features – cashback, chat, referral program.

✅ Mobile app.

Cons:

❌ Doesn’t work with US clients.

❌ The conditions for depositing and withdrawing funds often change.

❌ Mandatory user verification from 2020.

❌ Some pairs have low liquidity.

❌ Inactive account fee.

EXMO exchange reviews

After several years of working with the EXMO exchange, we will share our personal opinion and feedback. There were no special problems, withdrawal to Advcash, Payeer or by codes occurred within a few minutes, in some cases it took a couple of hours; Ripple transfer worked instantly, Bitcoin was withdrawn within a few minutes. In the fall of 2017, freezes were observed with sudden movements, in 2020 this was not noticed. As it turned out, the company drew conclusions and carried out work to optimize the platform.

Significant advantages of the exchange are: quick registration for everyone without restrictions; a simple process of exchanging, trading and buying cryptocurrency; a large number of ways how to replenish the EKSMO account or withdraw money from it. There is input and output of fiat money (dollars, rubles, hryvnia, euros), which is a very big plus. A big disadvantage is mandatory verification.

You can buy Bitcoin, Litecoin, Ethereum, Ripple and other cryptocurrencies very quickly and easily after replenishing your balance. The EKSMO exchange is suitable for both beginners and experienced traders. Be sure to read the “User Agreement” and other regulatory documents before registering. It is necessary to carefully read the rules, for example, if the password or other credentials are changed, then withdrawal will be blocked for three days for security reasons. Many clients do not know this, since they do not read the agreements, and then they have questions about why withdrawals are not available.

We recommend that you familiarize yourself with the Knowledge Base before working with the exchange. For any questions that arise, it is better to contact the support service by creating a ticket. A response from support comes within a day. When there is a large influx of new customers, it takes a little longer to wait for a response.

It is definitely worth connecting two-factor verification (2FA) – this is protection against hacking. This must be done both at the exchange itself and at the entrance to the mailbox used to register with EXMO. Better to use a strong password and not start working without verifying your account. We remind you that after registering for EKSMO, you will receive a link to your email, which you need to go to and confirm the creation of an exchange account. If the letters do not arrive, you need to change your mail provider and create a mailbox on Google Gmail.

What users write about the EXMO exchange on forums and on various third-party platforms:

Many people did not like innovations in the form of verification and rejection of ex-codes:

Recommendations for working with the EXMO exchange

To secure your account on the EXMO exchange, you need to enable 2FA authentication in the settings for logging in and when performing financial transactions. In this case, the code can be received as an SMS to the phone or in the Google Authenticator application (remembering only to write down the key for recovery). We recommend Google Authenticator, for this you need to download the application to your phone, tablet or use the extension for the Google Chrome browser on your PC. After installation, launch the application and scan the barcode or enter the key manually. 6 digits will appear on the screen – this will be the 2FA code. Be sure to write down the key and keep it in case you uninstall the application or lose the device on which it is installed.

After registration, you MUST confirm your email address. If the letter does not arrive for a long time, it may have ended up in the “Spam” folder. We recommend using normal email boxes (GMAIL from Google), while activating the available security settings (2FA).

Official domains of the EXMO exchange: exmo.me and exmo.com. You need to be careful, especially when entering from search engines, so as not to end up on a phishing site with similar names. Better to bookmark the site. The domain of the website of the exchange exmo.me opens in any country, including Russia.

It is necessary to install an anti-virus program, update the databases daily, do not store passwords in the public domain. It is necessary to use special programs such as KeePass, do not transfer data to strangers and do not click on suspicious links. The official mailbox of the EKSMO exchange: support@exmo.com and those located in the “Contacts” section on the official website.

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