Exmo is a cryptocurrency exchange and wallet that promises to offer low commissions, high security, fast deposits/withdrawals, and a user-friendly interface. Let’s take a closer look at Exmo today in our review.
What is Exmo?
The platform was created by professionals from all over the world – including Spain, Russia, India, and Thailand, who collaborated with financial advisors from the UK, USA, Lithuania, and Singapore to create the best cryptocurrency platform.
Today, the exchange is used by approximately 450,000 people in 100 countries worldwide, according to numbers posted on the official website. You can trade bitcoin into fiat currencies like the USD, RUB, or EUR while also trading cryptocurrencies like DOGE, LTC, and DASH.
Benefits of Exmo
What makes Exmo different from other cryptocurrency exchanges? Some of the advertised benefits on the official website include:
Fast Deposits and Withdrawals: Funds are credited to your account “right after making a deposit” while withdrawals “are quick and are executed automatically”, explains the official website. Exmo doesn’t give a specific timeframe for this process.
Security: SSL, 2 factor authentication, Trusted IP, and an encryption system in cold wallets are all some of the advantages of Exmo’s security platform.
Lowest Commissions: Exmo claims to offer “the lowest commissions on trades, deposits and withdrawals on the market”.
User-Friendly Interface: The straightforward Exmo interface promises to make it easier than ever to trade, exchange, make transactions, and store your cryptocurrency.
How to Use Exmo
Signing up for Exmo is as easy as registering here: https://exmo.com/en/register
The signup page requires your login username, email, and password to get started.
Meanwhile, you can view the exchange without needing to login. Check out that exchange here. The exchange features a chatroom along with the ability to buy or sell a variety of currency pairs. Issuing a buy or sell order is as easy as typing in your desired amount and desired price. You indicate the number of dollars you wish to spend on buying/selling bitcoins, or set the amount you wish to buy or sell. The deal is closed immediately at the best price available at the moment.
From the trading page, you can also see a list of sell orders, buy orders, and trade history.
To start making trades, you’ll need to deposit cash or cryptocurrency assets (Exmo accepts both). There’s a minimum trade amount of $1, although no demo platform is available.
Exmo charges no deposit fees when you deposit money with major cryptocurrencies. They currently accept BTC, LTC, DOGE, DASH, and ETH. You will need to pay withdrawal fees, however, when withdrawing cryptocurrencies. Current withdrawal fees are BTC (0.001), LTC (0.01), DOGE (1), DASH (0.01), and ETH (0.01).
Meanwhile, credit card fees are processed at 3% for Visa and MasterCard (deposits and withdrawals), 2% for AdvCash (0% withdrawals), and 3% for Privat24 (withdrawals not available).
You can view the complete fee structure, including for banks and services around the world, at the Exmo fees page here: https://exmo.com/en/docs/fees
Exmo is based at 49 Station Road in Polegate, England.
Key members of the team include Paltiel (CEO), Kevin (Vice-Executive Officer), Roman (Head of Business Development), and Eugeni (CTO). Last names are not listed on the official “About Us” page.
You can contact the company by email at [email protected]
Exmo is one of many cryptocurrency exchanges available today. The exchange promises to offer low fees, high security, and an easy-to-use interface. They’ve also partnered with some of the biggest names in the world of cryptocurrencies (including CoinDesk, the Bitcoin Foundation, and Bitcoin Talk) as well as financial institutions outside the industry (like Raiffeisen Bank).
To learn more about Exmo, or to check out the exchange for yourself, visit it online today at Exmo.com.