Established In 2013, EXMO Is One Of The First Cryptocurrency Exchanges, With A Base In The UK And Offices In Ukraine And Russia, Supporting Over 100 Cryptocurrencies. The Exchange Has High Liquidity, With A 24-hour Trading Volume Of Over 2,124. BTC, In Amounts Up To $50 Million. EXMO's Fee Structure Revolves Around The Pending Order And The Recipient Fee. The Pending Order Fee Ranges From 0% To 0.25%. It Varies According To The Trading Volume. The Recipient Faces A Fixed Recipient Fee Of 0.25%.
- EXMO Manufacturer Fee Is As Low As 0% And The Recipient Fee Is 0.25%.
- The Exchange Supports Over 100 Cryptocurrencies.
- EXMO Processes Transactions Of More Than $50 Million Per Day, Showing Good Liquidity.
- Its User Interface Is Beginner Friendly.
- Users Can Earn Rewards By Pledging Various Tokens.
- Users Can Choose Between Bank Transfers, Bank Cards And Electronic Payment Systems For Transactions.
- It May Take Longer To Get Verified, Resulting In Delays For Users.
- Some Users Experience Problems Withdrawing Money From The Platform.
- EXMO Is Not Available In All Countries Due To Restrictions.
- In 2016, Hackers Stole User Funds EXMO.
- EXMO Lacks Transparency When Compared To Other Exchanges.
EXMO Is Not Regulated By Any Financial Institution Group. It Is Not On The List Of Platforms Approved By The UK Financial Conduct Authority (FCA) Or Any Other Financial Regulator.
This Situation Results In Some Differences When Compared To Regulated Exchanges. For Example, EXMO Is Not Strict On Anti-Money Laundering (AML) And Know Your Customer (KYC) Rules, Which Are Designed To Protect Users. This Creates Certain Risks For Traders, Such As Less Protection Against Scams Or Theft - Need To Keep A Close Eye On Also EXMO Has Been Hacked Before, Resulting In User Loss In Capital. Traders Considering Using The Platform Should Consider This.
EXMO Says It Has Put In Place Quite A Few Security Measures To Keep Funds Safe And Create A Safe Trading Space.
- Two-Factor Authentication (2FA): 2FA Is A Security Feature That Requires Users To Enter A Mobile Phone Verification Code In Addition To Their Password When Logging In. This Helps Prevent Unauthorized Account Access.
- Cold Storage: EXMO Stores Part Of Its Users' Funds In Cold Storage, Which Is Offline Storage That Is Not Connected To The Internet. This Helps Protect Funds From Cyber Attacks.
- Multi-signature Wallets: Multi-signature Wallets Require Multiple Users To Sign Transactions In Order To Process. This Helps Prevent Unauthorized Withdrawals.
- Encryption: EXMO Encrypts All User Data, Including Passwords And Transaction Data. This Helps Protect Data From Unauthorized Access. EXMO Offers A Diverse Range Of Trading Products, Including Major Cryptocurrencies Such As Bitcoin (BTC) And Ethereum (ETH). Users Can Trade These Digital Assets Against Various Fiat Currencies, Such As The Russian Ruble (RUB) And The Kazakh Tenge (KZT). The Platform Also Supports Stablecoins Such As Usdx, Providing Stable Trading Options Against Cryptocurrencies. This Range Of Trading Pairs Caters To A Global Audience, Providing Flexibility And Accessibility To The Cryptocurrency Market. EXMO Enhances The Trading Experience With Various Services. Over The Counter Facilitates A Large Number Of Off-platform Transactions, While Staking Can Generate Additional Income By Holding Cryptocurrencies. The VIP Service Offers Personalized Offers To Corporate Clients, And The API Acts As A Reliable Tool For Cross-platform Trading Bots. The Premium Service Offers Discounts On Trading Commissions, And The Referral Program Allows Users To Profit From Their Friends' Trades. These Services Help Create A Versatile And Tailored Trading Environment EXMO Platform.
EXMO Offers A Range Of Educational Resources And Tools To Support Traders On Their Cryptocurrency Journey. The Platform Offers Trading Guides And Video Tutorials Covering A Variety Of Topics, Such As Basic Trading Strategies, Technical Analysis And Risk Management. In Addition, EXMO Sometimes Hosts Webinars Where Traders Can Learn From Industry Experts And Gain Insight Into Market Trends And Trading Strategies. These Webinars Provide Users With The Opportunity To Expand Their Knowledge And Learn About The Latest Developments In The Cryptocurrency Industry.
In Terms Of Community Support And Communication Platforms, EXMO Is Active On Social Media Platforms Such As Twitter, Facebook And Telegram. These Channels Are For Users To Connect With The EXMO Community, Ask Questions And Share Experiences. There May Also Be Forums And Online Communities Where Traders Can Participate In Discussions And Seek Advice From Other Traders. EXMO Offers A Number Of Educational Resources, Including A Knowledge Base, Which Serves As A Hub Of Information About Trading, Cryptocurrencies, And The Features Of The Platform. In Addition, Users Can Easily Connect With EXMO's Support Team Through Their Contact Support Section. In Addition, The Platform Also Provides Detailed Articles That Shed Light On Fees And Limitations, Helping Traders Understand The Financial Aspects Of Their Trades.
EXMO Is The Best Exchange For Traders Who Want To Trade Using Fiat Currencies. With The Ability To Deposit And Withdraw Fiat Currencies Such As USD And Rubles, EXMO Provides A Seamless Entry For Individuals Who Wish To Enter The World Of Cryptocurrency Trading Directly Using Their Local Currency. This Feature Makes It Particularly Suitable For Those Who Like To Familiarize Themselves With Traditional Currencies And Helps To Make The Transition To The Cryptocurrency Market Smoother.
- Beginners: EXMO's Platform Is Easy To Use, Even For Beginners. It Offers A Variety Of Features Designed To Make Trading Easy, Such As A User-friendly Interface And Various Educational Resources.
- Active Traders: EXMO Offers A Variety Of Trading Features Designed To Attract Active Traders, Such As Margin Trading And Stop-loss Orders. It Also Has A High Volume, Which Means There Is Always Liquidity Available.
- Traders Who Want To Trade Various Cryptocurrencies: EXMO Offers More Than 100 Cryptocurrencies, Giving Traders A Wide Range Of Coins To Choose From.
- Traders Who Want To Trade Using Fiat Currencies: EXMO Allows Traders To Deposit And Withdraw Fiat Currencies, Such As USD And Rubles. This Makes It Easy For Traders To Start Trading Cryptocurrencies.
