EXMO Review

Overview

The EXMO exchange is a popular platform for trading and exchanging cryptocurrencies, which is advantageously different from the competitors of the market.

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Details

Broker EXMO
Website URL exmo.me
Founded 2013
Headquarters England, 49 Station Road, Polegate, East Sussex, BN26 6EA
Support Number Online chat, knowledge base, email
Free Demo Account No
Account Types Standard
Deposit Methods Bank transfers (Visa, MasterCard), Capitalist, Yandex Money, AdvancedCash, Okpay, Money Polo, Payeer, crypto-currencies (Etherium, Dash, Dogecoin, Litecoin, Bitcoin).
Withdrawal Methods Bank transfers (Visa, MasterCard), Capitalist, Yandex Money, AdvancedCash, Okpay, Money Polo, Payeer, crypto-currencies (Etherium, Dash, Dogecoin, Litecoin, Bitcoin).
Number of Assets 10+
Types of Assets Etherium, Dash, Dogecoin, Waves, Zcash, Monero, KickCoin, BitcoinCash, Ripple, Litecoin, Bitcoin.
US Traders Allowed No
Overall Score 9.7/10

Additional Information

  • Exchange Commission: yes
  • The volume of trades: more than 4 million dollars/day
  • Channels of communication: online chat, e-mail, Telegram, Twitter, Facebook
  • The possibility of exchanging for fiat currencies: yes
  • Number of crypto-currencies: more than 10
  • Training: no
  • Analytics: yes
  • Autotrading: yes
  • Affiliate Programs: yes
  • EXMO API: yes

Full Review

Exmo is a crypto currency exchange, which has been successfully operating on the market since 2013. It’s deservedly considered to be one of the most popular websites with wide opportunities for trade and exchange of digital coins. Despite a limited number of cryptocurrencies available, there are many more opportunities for users: profitable trading and currency exchange for fiat money, free crypto wallets, a convenient website with support for several language versions. These are serious advantages, which enable the company to stand out from other crypto exchanges.

Of course, you’d like to know whether Exmo is another scam or it’s a reliable crypto exchange, fulfilling its obligations, guaranteeing stable and safe trade, decent earnings and trouble-free withdrawal of funds. We’ll try to answer this question here below.

EXMO Review

Today, Exmo unites more than 500,000 users, which is an impressive number of traders working with cryptocurrencies. Unlike leading crypto exchanges, Exmo supports up to 10 languages, which makes the process of trading very comfortable. It’s a successful example, when the participants of the exchange on one resource are provided literally with all the necessary stuff to work with virtual coins on favorable terms: trading, rapid exchange of cryptocurrencies to fiat currencies, trouble-free withdrawal of funds, and transfers to wallets. Of course, such a wide range of options couldn’t be overlooked by users.

Even within the platform, you can immediately exchange such cryptocurrencies as Ethereum, Bitcoin, Dogecoin, Litecoin, Dash, etc. to conventional currencies, such as USD, EUR. Here, currency exchange is completely anonymous, although one needs to undergo a registration, which is very fast. There are 2 ways of exchanging currencies:

  • By market: Instant transactions at the best exchange rate.
  • On the limit: The trader makes an application for an exchange at a suitable price for him or her.

When registering, the exchange provides several crypto wallets at once, which will be required for storing, exchanging and trading in digital coins. Traders stick with the Exmo exchange because here it’s convenient to trade in cryptocurrencies (learn here how to earn on cryptocurrencies). Additionally, the company doesn’t participate in user operations, acting only an intermediary. It provides a convenient platform with low commissions for withdrawal and replenishment of funds. It ensures fast execution of orders, constant communication with managers of technical support and an attractive referral program. Users are provided with a comfortable and functional trading terminal that has a clear interface, such options as scaling information on time (from day to year), convenient candlestick charts, limit orders, sales and purchase order books, currency dynamics graphs, history of transactions and deals.

The essential advantage of the exchange is that it pays serious attention to the safety of the exmo.me platform. It has been working on the market for a long time. It guarantees high reliability, which is highly valued by its customers. As follows from reviews, users appreciate the platform’s design. The website is arranged quite conveniently, all the main functions of the web resource are available from the main page. Additionally, there’s an online chat for communication of the support service and traders.

In the history of the company there were problems with access to the website. However, the stock exchange acted correctly in such situations and this positively characterizes it. Even when it became known on the Internet that the website EXMO.com was unavailable for some reason, it didn’t prevent traders from working in the mirror of the exchange, which is not inferior to a similar website with the Com domain. Today, the resource has a more than promising future. It works quite steadily, expanding its functionality and dynamically developing, thereby increasing the number of its users and raising its ratings in the market.

 

Replenishment and withdrawal of funds

Unlike other similar websites, EXMO is a stock exchange, which provides a huge number of opportunities for withdrawal and replenishment of funds. Well, you’d like to know how easy and fast you could withdraw and replenish funds here. On the official website exmo.me, these operations take place in the “Wallet” section. You only need to click on the corresponding buttons in front of a specific currency. You will see all the available ways of conducting transactions, as well as restrictions on amounts, commissions for transactions.

Methods of withdrawal and replenishment of funds with EXMO:

  • Dollars (USD): bank transfers (Visa, MasterCard), CryptoCapital, Money Polo, Perfect Money, Epay, AdvCash, OKPAY, Neteller, Payza, etc.
  • Euro (EUR): bank transfers (Visa, MasterCard), CryptoCapital, Money Polo, Perfect Money, Epay, AdvCash, OKPAY, Neteller, SEPA, Payza, etc.
  • Crypto currency: Etherium, Dash, Dogecoin, Waves, Zcash, Monero, KickCoin, Litecoin, Bitcoin, etc.

 

Complaints about EXMO

EXMO is a cryptocurrency exchange that is popular among traders, so there are a lot of different opinions on the Internet on cryptocurrency trading here. If you want to know whether it’s another scam or not, just keep reading this reviews. As a positive side, users often talk about the reliability of the platform, the convenience of trading in the terminal, support for fiat money, comfortable commissions, a convenient interface and chat, different withdrawal options, frequent contests. Certainly, many traders recommend the exchange for work.

On the Internet you can also find enough negative feedback about the website. As usual, complains have to do with delays in replenishment and withdrawal of money, lack of communication with technical support managers, problems with access to accounts and to the exchange, a limited set of currency pairs.

 

Regulation of the crypto exchange Exmo

EXMO Finance LLP (Exmo) is registered in the UK and operates in accordance with the laws of this country. So, according to the UK legislation and the Data Protection Act, which is in force in this country, all personal data of traders are processed by the Exchange employees for the following reasons:

  • To inform users about the products of the company
  • To troubleshoot the operation of the resource
  • To conduct analysis and testing
  • To ensure the safety of the resource, etc

In addition, in accordance with the laws of Great Britain, the company can transfer users’ personal data to subsidiaries, subcontractors, etc. By specifying their personal data on the resource, users automatically agree to their transfer, processing and storage of their personal data. The exchange promises to adhere to all the necessary safety rules. More information is provided in the «Privacy Policy» section of the EXMO website.

Working on the website of the exchange, the user automatically agrees that he understands all the risks associated with crypto trading and realizes that all operations with digital coins are irreversible. It is forbidden to use the website’s materials in fraudulent schemes. Users aren’t allowed to reproduce the website’s design, use it for money laundering, etc. If the users violates the rules of cooperation with the resource, the norms of morality, UK legislation, he or she will be blocked and his private office will be deleted. More information about the risks and responsibilities of users is provided in the “User Agreement” section of the EXMO website.

EXMO Finance LLP (Exmo) adheres to the policy of suppressing the legalization of proceeds from criminal deeds and financing of terrorism (AML). The company has an employee who tracks suspicious transactions. In addition, all the data on the identity of each client is examined in detail and verified (according to the rules of the “Know Your Customer” system, KYC). The activity of clients is monitored for participation in suspicious activity, etc. More information on meeting AML standards is available on the AML page of the EXMO website.

Read the Privacy Policy on the EXMO website
Read the User Agreement on the EXMO website
Read the AML Policy on the EXMO website

 

Is EXMO a scam?

The exchange EXMO is currently one of the most popular websites for working with digital coins around the world. Notwithstanding it’s inferior to other crypto exchanges in the number of currencies, turnover, user involvement, but it doesn’t prevent it from being one of the best trading resources. Working steadily since 2013, it has regular customers. In terms of functionality and opportunities it stands out from other competitors of the market.

The secret of their success is simple: the exchange offers the functionality that the user lacks within the standard resource for working with virtual coins. So users can count on crypto trading, crypto exchange, fast replenishment and withdrawal of funds in various ways, free wallets, high-quality analytical market data, a convenient personal cabinet. Many exchanges do not have as many functions, and in most cases they don’t provide the choice of a language version of the website for comfortable work. All of this makes EXMO more attractive than its counterparts and in the future it can bring the company leadership positions.

Today, the exchange, like other similar sites, should consider the safety of trade. The company is seriously working on this issue, for this purpose a two-factor authorization and verification have been introduced. Previously the exchange’s accounts were hacked. However, it’s a common thing in the field of crypto trading (the whole truth about cryptocurrencies can be found here). However, the company coped with these difficult situations, proving that it is not a scam, concerned with stealing users’ money and escaping with it. The exchange deserves trust, as it’s always in touch with its clients, fulfilling obligations to them. It timely pays out profits, works on the website and on the correct functioning of various payment systems. It ensures the complete safety of crypto trading.

Today, the network offers a large number of reviews of traders about the crypto exchange, which praise it (for functionality, convenience of trading and currency exchange, different ways of replenishment and withdrawal of funds, support for fiat money, etc.) or point to its negative sides (it’s a long withdrawal and replenishment of funds, problems with the account, incorrect work of technical support). Nevertheless, many folks choose to work on the exchange and earn a decent income. Many traders advise the platform to their friends and other folks. It is worth noting a properly organized work of the website, which is positively mentioned in the feedback of users. It’s easy to navigate here, all the main options are easily accessible from the main page of the official EXMO website. If you still doubt whether it’s a scam or not, we can firmly answer – no! It’s because the company rapidly develops, improves its service and proves by its actions that it’s really caters to its users.

 

Conclusion

EXMO turns to be the leading trading platform for cryptocurrencies (look here how to make money on crypto assets), which offers a slew of opportunities for comfortable work. The company is represented on the market for more than a year, it successfully develops and improves its service, which can’t be overlooked by the company’s customers, the number of which is growing all over the world today.

Regardless of the language you speak you can use great opportunities offered by this company. Take advantage of their website exmo.me, available in many languages. Take an opportunity to work with fiat money. Of course, the exchange also has shortcomings in the work, but the elimination of which will undoubtedly help the company to get ahead and become one of the market leaders. We won’t regard the website as a scam. However, the responses of traders, to our material, which we expect, will not only help users to avoid problems in working with the exchange, but also affect the rating of EXMO on our web resource.

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