Exmo is a cryptocurrency exchange that has been on the market since 2013, deservedly considered one of the most popular platforms with ample opportunities for trading and exchanging digital coins. And although a limited number of cryptocurrencies are available here, there are much more opportunities for users: profitable trading and exchange of currencies for fiat money, free crypto wallets, a convenient site with support for several language versions (including Russian) – serious advantages that are worthy set the company apart from other crypto exchanges.
And yet, is Exmo a scam, a scammer, an unsafe and dubious platform or a reliable crypto-exchange that fulfills its obligations, guaranteeing stable and safe trading, decent earnings and hassle-free withdrawal of funds? We answer these questions in the exchange review.
Exmo exchange today unites more than 500,000 users, an impressive number of Russian-speaking traders working with cryptocurrency. Unlike the leading crypto-exchanges, Exmo supports about 10 languages, which makes the trading process comfortable. This is a successful example when exchange participants on one resource are provided with almost all the necessary set of functions for working with virtual coins on favorable terms: trading, and a quick exchange of cryptocurrencies into fiat currencies, and smooth withdrawal of funds, and transfers to wallets. Of course, such a wide range of options did not go unnoticed by users.
Without leaving the platform, you can immediately exchange digital currencies such as Ethereum, Bitcoin, Dogecoin, Litecoin, Dash, etc. into rubles (RUB), Polish zloty (PLN), hryvnia (UAH), dollars (USD) and euro (EUR). Currency exchange is completely anonymous, although the registration process in the system is also very fast. There are 2 ways to exchange currencies: “by market”, that is, instant transactions at the best value; “By limit”, that is, a trader places an exchange order at a price that suits him. When registering, the exchange provides several crypto wallet addresses at once for free, which will be needed for storing coins, exchanging and trading.
Traders make a choice in favor of the Eksmo exchange and because it is convenient to trade cryptocurrency here (how to make money on cryptocurrency? Find out here), the company does not participate in user operations, being only an intermediary providing a platform for working with low commissions for depositing and withdrawing capital, fast execution of orders, constant communication with technical support managers, referral program. Users have access to a comfortable and functional trading terminal, which has an intuitive interface, options such as scaling information over time (from day to year), convenient candlestick charts, as well as limit orders, order books, order and currency dynamics charts, history transactions and deals.
Note that in the history of the company there were problems with entering the site, but the exchange behaved correctly in such situations and this positively characterizes it. Even the appearance on the Internet of information that access to the EXMO.com site is limited in our country did not stop traders who work in the mirror of the exchange, which is not inferior to the capabilities of a similar site with the .com domain. Today, the resource has a more than promising future, it works quite stably, expanding its functionality and dynamically developing, due to which the number of its users is constantly increasing and its ratings in the market are rising.
Replenishment and withdrawal of earnings
EXMO is an exchange that, unlike other similar platforms, offers a large number of options for depositing and withdrawing funds. Still, how easy and fast is it to deposit and withdraw funds from EXMO? On the official website of the exmo.me exchange, these operations take place in the “Wallet” section, you only need to click the appropriate buttons opposite a specific currency. You will see all the available methods of conducting transactions, as well as limits on amounts, transaction fees.
Methods for depositing and withdrawing funds with EXMO:
- Rubles (RUB): bank transfers (Visa, MasterCard), Qiwi, AdvCash, Payeer, OKPAY, MoneyPolo, Yandex Money, etc.
- 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.
- Polish Zloty (PLN): bank transfers (Visa, MasterCard), OKPAY, MoneyPolo, CryptoCapital, etc.
- Hryvnia (UAH): bank transfers (Visa, MasterCard), AdvCash.
- Cryptocurrencies: Etherium, Dash, Dogecoin, Waves, Zcash, Monero, KickCoin, Litecoin, Bitcoin, etc.
EXMO is a cryptocurrency exchange that is popular among Russian traders. There are a lot of different reviews on the Internet about trading cryptocurrency (is cryptocurrency a scam? Find out here) on the resource. As positive aspects, users most often talk about the reliability of the platform, the convenience of trading in the terminal, and support for fiat money. Russian-language version of the official website exmo.me, comfortable commissions, user-friendly interface and chat, different withdrawal options, frequent contests. At the same time, traders advise the exchange for work.
Also on the Internet there are enough negative reviews about the site, which most often relate to problems with delays in depositing and withdrawing money, lack of communication with those managers. support, problems with access to accounts and the exchange, a limited set of currency pairs.
Regulation of the Exmo crypto exchange
Working on the website of the exchange, the user gives automatic consent to the fact that he perfectly understands all the risks associated with cryptocurrency trading, that all transactions with digital coins are irreversible. It is forbidden to use the materials of the site in fraudulent schemes, reproduce the design, use the site for money laundering, etc. Violating the rules of cooperation with the resource, morality and ethics, UK legislation, the user will be blocked or his personal account will be deleted. More information about the risks and responsibilities of users is presented in the “User Agreement” section of the EXMO website.
EXMO Finance LLP (Exmo) adheres to the anti-money laundering and anti-terrorist financing (AML) policy. The company has an employee tracking suspicious transactions. In addition, all data about the identity of each client is reviewed and verified in detail (according to the rules of the Know Your Client, KYC system), the activity of clients is monitored for participation in suspicious activities, etc. More information about following the AML norms is presented on the “AML” page of the EXMO website.