Exmo review: Exmo is a cryptocurrency exchange platform that allows users to buy, sell, and trade various cryptocurrencies. Founded in 2013, it has established itself as one of the prominent players in the crypto market. The platform provides a user-friendly interface and offers a wide range of features and services to cater to the needs of both novice and experienced traders.
One of the key features of Exmo is its extensive selection of cryptocurrencies available for trading. Users can access popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and many others. This variety allows traders to diversify their portfolios and take advantage of different market opportunities.
To ensure the security of user funds, Exmo implements several security measures. These include two-factor authentication (2FA), encryption of sensitive data, cold storage for the majority of user funds, and regular security audits. While no system is completely foolproof, Exmo takes proactive steps to safeguard user assets.
| 📅 Year of Establishment | 2013 |
| 💱 Coins: | 380+ |
| 💰 Min deposit | From 1$ |
| ⚖️ Leverage | 1:3 |
| 💹 Trading fees | From 0% |
| 💳 P2P platform | ✅ |
| 📱 Mobile apps | iOS, Android |
| 🗺️ Headquarters | London, United Kingdom |
Overall Exmo Review
In summary, Exmo is a cryptocurrency exchange platform that offers a wide range of cryptocurrencies for trading, multiple trading pairs, and various trading options. With a user-friendly interface, robust security measures, and responsive customer support, Exmo strives to provide a reliable and convenient trading experience for cryptocurrency enthusiasts.
Go to Exmo website
Top Reviews
Best customer reviews of Exmo
The site administration cannot guarantee review accuracy and lacks the technical means to verify if authors are actual customers. Reviews lacking detail and purely emotional in nature are disregarded.
While some may argue that the x3 leverage offered for margin trading is insufficient, this claim is often made by inexperienced traders. In reality, this leverage level is more than enough for successful trading, regardless of the strategy employed. It provides an acceptable level of risk with the potential for significant rewards. The platform includes essential risk management features such as stop-loss and take-profit functions. Trading volumes are substantial, ensuring a high number of trades in all directions. From a technical standpoint, EXMO performs operations swiftly, minimizing processing times.
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I particularly appreciate the cashback function, which allows users to receive a portion of the commission fees back, potentially up to 100% return. However, this requires substantial trading volumes and an advanced account. In total, there are four types of accounts available, which can be purchased in $1, $10, $100, and $500 increments. For active traders, investing in pro-accounts can be highly profitable as it offers lower commissions and higher limits.
Poland
While there are no fully-fledged investment portfolios, the exchange boasts a notable referral program. Its unique feature lies in earning 40% of the commissions from referrals who trade EXM, the exchange's own coin. Trading this token can be highly profitable, allowing for significant bonuses with each trade made by active referrals.
Belarus
Expert Review
Expert Review of Exmo
Exmo has gained a reputation for reliability and stability in the cryptocurrency industry. As a financial expert, I evaluated its capabilities and security measures to give an objective assessment of its reliability.
First of all, Exmo demonstrates a strong commitment to security. The platform employs strict security measures, including two-factor authentication (2FA) and encryption of sensitive data. In addition, the majority of user funds are stored in cold storage, which increases protection against possible hacking attempts. Regular security audits are conducted to ensure the integrity of the system. These efforts demonstrate a proactive approach to protecting user assets.
In addition, Exmo has established itself as a reliable platform due to its compliance with regulatory requirements in relevant jurisdictions. Although the exchange is not regulated in all regions, it has taken steps to comply with applicable laws and regulations, which inspires trust among users.
Although Exmo has a solid reputation, it is important to note that no cryptocurrency exchange is immune to risk. Market volatility, regulatory changes, and technical glitches can potentially affect the platform. Users are always advised to exercise caution, use proper risk management strategies, and stay informed about the latest developments in the cryptocurrency ecosystem.
Financial expert and analyst at TradersHero.com
Risk Warning. Trading on Exmo, like any cryptocurrency exchange, carries inherent risks that users should be aware of. The volatile nature of the cryptocurrency market can result in significant price fluctuations, leading to potential financial losses. It is crucial to understand that past performance is not indicative of future results.
Exmo Ern
Investment Programs
By participating in Exmo betting, users can potentially earn passive income in the form of interest or additional tokens. Rewards for participating in betting are often distributed depending on the amount of cryptocurrency staked and the length of the betting period.
It's important to note that these steps are a general guideline, and the specific process may vary on the Exmo platform. To get accurate and up-to-date information on Exmo's staking services, it is recommended to visit their official website or contact their customer support. They will provide detailed instructions on how to use Exmo staking and answer any specific questions you may have.
Disclaimer: It is important to note that betting involves certain risks, such as possible loss of funds, technical vulnerabilities or changes in the structure of the betting reward. Users should carefully review the terms and conditions, including the risks involved, before proceeding with a bet.
Best Copy Trading Platforms
Conditions
Trading Conditions for Exmo Users
Trading Conditions for EXMO Users: The EXMO crypto exchange offers a wide range of trading conditions for its users. The account currency on the platform is available in both cryptocurrencies and fiat currencies. The minimum deposit required to start trading on EXMO is ₿0.002. Leverage is available with a ratio of 1:3, specifically for margin trading.
The commission structure on EXMO is based on market rates. Users can trade various instruments, including cryptocurrencies and fiat currencies. The platform does not have a specific Margin Call or Stop Out feature.
EXMO utilizes a customized TradingView platform as its trading interface. Users can access different account types, including Standard and VIP accounts. The platform supports a variety of payment methods for account replenishment and withdrawal, such as bank cards and accounts, electronic wallets, and cryptocurrency wallets.
Mobile trading is available through the EXMO mobile application, allowing users to trade on the go. The exchange also offers an affiliate program for users who wish to participate.
| 📅 Year of Establishment | 2013 |
| 💱 Coins: | 380+ |
| 💰 Min deposit | From 1$ |
| ⚖️ Leverage | 1:3 |
| 💹 Trading fees | From 0% |
| 💳 P2P platform | ✅ |
| 🔁 Copy Trading | ❌ |
| 📈 Directives | Cryptocurrencies, fiat currencies |
| 📊 DeFi Staking | ✅ |
| 🖼️ NFT | ❌ |
| 🏦 Crypto Loans | ❌ |
| 🔓 Demo account | ❌ |
| 🚀 Launchpad | ❌ |
| 📱 Mobile apps | iOS, Android |
| 📞 Customer Service | Email, Live chat |
| 👩💼 Support | Multilingual |
| 🗺️ Headquarters | London, United Kingdom |
Risk Warning
Comparison
Comparison of Exmo with other Crypto Exchanges
Crypto Exchanges comparison table of trading instruments
Commissions
Exmo Accounts, Commissions & Fees
Exmo offers different account types with varying features and fees. Here's an overview of Exmo's accounts, commissions, and fees:
- Basic Account:
- Cost: $1.
- Features: Basic functionality, limited limits, and without cashback benefits.
- Trading Fees: Market-based fees, specific rates may vary.
- Advanced Account:
- Cost: $50.
- Features: Enhanced functionality, higher limits, and potential cashback benefits.
- Trading Fees: Market-based fees, specific rates may vary.
- Other Account Types:
- Exmo may offer additional account types with higher costs, such as $100 and $500. These higher-level accounts may provide further benefits, lower trading fees, and increased limits.
- Trading Fees:
- Exmo charges trading fees based on a market-based fee structure. The specific fees depend on the trading volume and type of order (maker or taker). Fees are subject to change, and it's recommended to check the current fee structure on the Exmo website or platform.
- Deposit and Withdrawal Fees:
- Exmo may charge fees for depositing and withdrawing funds from the platform. The fees can vary depending on the payment method used and the specific cryptocurrency involved. It's important to review the fees associated with deposits and withdrawals for each specific currency.
It's important to note that Exmo's account types, commissions, and fees may be subject to change. It's recommended to visit the official Exmo website or platform for the most up-to-date and accurate information on account types and associated fees.
Owning an EXMO Coin (EXM) can entitle you to receive discounts on trading commissions on the Exmo platform. This can help you reduce the cost of executing trades and increase your profitability.
Advanced Trade (Crypto/Crypto)
| 30-day Trade Volume, $ | Maker Fee | Taker Fee |
|---|---|---|
| 50,000,000+ | -0.017% | 0.02% |
| 10,000,000 – 50,000,000 | 0% | 0.03% |
| 5,000,000 – 10,000,000 | 0.02% | 0.045% |
| 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 | 0.055% | 0.075% |
| 100,000 – 250,000 | 0.07% | 0.09% |
| 50,000 – 100,000 | 0.075% | 0.095% |
| 25,000 – 50,000 | 0.085% | 0.1% |
| 10,000 – 25,000 | 0.095% | 0.1% |
| 0 – 10,000 | 0.1% | 0.1% |
Please note that the specific fee structure may be subject to change, and it is recommended to refer to the official Exmo website or platform for the most up-to-date and accurate fee information.
Risk Warning
Final review
Detailed review of Exmo
Exmo is a well-established cryptocurrency exchange that has been operating since 2013. Over the years, it has gained a reputation as a reliable platform in the cryptocurrency industry. One of the notable strengths of Exmo is its extensive selection of cryptocurrencies, with over 385 coins available for trading. Users have access to popular options like Bitcoin, Ethereum, Cardano, Algorand, Bitcoin Cash, and many others.
One key differentiating factor of Exmo from other cryptocurrency exchanges is its wide selection of available cryptocurrencies and trading pairs. With over 385 cryptocurrencies listed on the platform, Exmo offers users a diverse range of options to trade and invest in. This extensive selection allows traders to access both well-established cryptocurrencies and emerging altcoins, providing them with greater flexibility and opportunities to diversify their portfolios. Additionally, Exmo's support for fiat currency trading further sets it apart, enabling users to seamlessly trade between cryptocurrencies and traditional currencies. This combination of a vast cryptocurrency selection and fiat currency support positions Exmo as a versatile and inclusive platform, catering to the diverse needs and preferences of cryptocurrency traders.
In addition to the wide range of cryptocurrencies, Exmo also supports trading with fiat currencies, including USD, EUR, GBP, PLN, TRY, and KZT. This allows users to conveniently trade between cryptocurrencies and traditional currencies on the platform.
To facilitate trading activities, Exmo provides its own trading terminal. This terminal is available in a web version, allowing users to access the platform from their preferred web browser. The terminal offers an intuitive interface and a range of tools to assist users in their trading decisions.
Overall, Exmo has established itself as a reputable cryptocurrency exchange with a wide selection of coins, support for fiat currencies, and various trading options. It continues to evolve and adapt to meet the needs of its users, making it a popular choice for both novice and experienced traders in the cryptocurrency market.
Advantages:
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Exmo Regulator
Exmo does not list any specific regulator on its website or in its public documentation. However, it is important to note that the regulatory landscape for cryptocurrency exchanges can vary depending on the jurisdiction in which they operate.
Cryptocurrency exchanges often strive to comply with relevant regulatory requirements and may obtain licenses or registrations to demonstrate their commitment to regulatory compliance and user protection. It is recommended that you check the latest information on Exmo's website or contact customer service for the most up-to-date information on an exchange's status and any licenses or registrations it may hold.
Please note that the regulatory requirements and licensing status of cryptocurrency exchanges can change over time, so you should check the current regulatory status of Exmo or any other exchange before starting trading activity.
Risk Warning
Promotions
Bonuses Paid by the Exmo
Bonuses
Exmo does have a referral program which allows users to earn bonuses by attracting new customers to the platform. When you invite others to join Exmo using your unique referral link, you can earn commissions from their trading fees. The exact details of the referral program, including the amount of commission and payout structure, may vary, so it is best to contact the official Exmo website or customer support for specific information about the referral program.
Education
Review of the Exmo Education Program
Exmo does not offer a specific educational program. However, Exmo does provide various educational resources and materials on its website to help users better understand cryptocurrencies and trading concepts.
On the Exmo platform, users can find informative articles, guides and tutorials on topics such as cryptocurrency fundamentals, trading strategies, technical analysis and market trends. The goal of these resources is to provide users with valuable knowledge and insights to make informed trading decisions.
In addition, Exmo may from time to time organize webinars, seminars or educational events to further educate and engage the user community. These events may cover a variety of topics related to cryptocurrencies, blockchain technology and trading techniques.
It is important to note that the availability and scope of educational resources provided by Exmo may have changed since my last update. Therefore, I recommend visiting Exmo's official website or contacting support to get the most up-to-date information on educational offerings.
Online Courses:
Please note that the availability and specific details of these online courses may change over time, and it's always recommended to review the course syllabus, instructor credentials, and user reviews before enrolling to ensure they align with your learning objectives and preferences.
Best Online Trading Courses
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The Future of DeFi: Trends and Predictions for 2024
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Advanced Charting Techniques: Using Advanced Chart Patterns to Improve Your Trading Accuracy
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Crypto Security Best Practices: Tips for Keeping Your Digital Assets Safe from Hackers
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Leveraging Fundamental Analysis: Using Economic Indicators to Inform Your Trading Decisions
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Forex Trading Platforms: Choosing the Right Platform for Your Trading Needs
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The Future of Cryptocurrency: Predictions and Trends for the Next Decade
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Trading Volatility: Strategies for Profiting from Price Swings in Forex and Crypto Markets
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Introduction to Crypto Mining: How to Start Mining Cryptocurrencies at Home
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Exploring Forex Pairs: Understanding Major, Minor, and Exotic Currency Pairs
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Crypto Market Analysis: Identifying Trends and Opportunities for Profitable Trading
Rating and Comments
Exmo Users Reviews 2024
Authors:
Roman Mukhin
Financial expert, analyst and author
Jane Emberg
Financial analyst and editor
Good platform, but there are better ones out there.
The verification process on Exmo can sometimes take longer than expected, resulting in delays in accessing some features.
Withdrawal of funds was very long, I did not find myself in this platform.
They were slow to answer my questions and did not provide satisfactory solutions. This left me disappointed and unsatisfied with the platform.