Review on EXMO by Inioluwa Okedeji

Name: EXMO
Item: EXMO
Rating: 4

January 26, 2021

EXMO Exchange: A Russian Cryptocurrency Exchange That Offers 70% Of The Trading Fee As Cashback Program.

In other to know more about the EXMO exchange, the first thing I did was to visit the exchange platform but the language of the exchange was in Russian and as I do not understand the Russian language, I couldn't understand anything on the EXMO exchange except the cryptocurrencies listed on it. I had to change the language to English before I could find my way around the exchange. It was in the course of changing the language that I found out that the exchange supports 12 languages (English, French, Italian, Portuguese, German, Korean and others)including Russian which is the primary language of the exchange.
EXMO exchange is a Russian cryptocurrency exchange where the exchange of several digital currencies takes place either with fiat currencies or cryptocurrencies alike.
Apart from the primary exchange of cryptocurrencies that the EXMO exchange has to offer, the following are the features available on the exchange;
1. OTC (Over The Counter)Trading: I never really knew much about OTC trading until I checked the EXMO exchange which explained how it works. This feature only allows transactions over a specific limit amount. The limit amount for OTC trading on the EXMO exchange is $100,000 so only transactions above the limit amount is eligible for OTC trading.
2. Voting: Almost every decentralized project practice voting. This feature allows users who have fulfilled the requirements, vote for a new project. Whether a coin, project will be listed or not depends on the voting outcome.
3. VIP Service: The EXMO exchange also have special rewards and services for VIP users. Those considered as VIP users include API traders, banks and exchange offices, mining companies, forex brokers and others. All these have personal conditions for significant volume of digital assets.
4. API Trading: This feature allows cross-platform trading, and also provides the necessary tools and instruments needed for such trading, such as trading bots.
5. Cashback Program: Almost every exchange features the cashback program, but each exchange has a different cashback percentage. The cashback percentage for the EXMO exchange is 70% of all trading fees and additional rewards.
6. Referral Program: This program is meant to rewards users who invite other users to the exchange. This aim of the referral program is to increase the number of users on the exchange.
You can register on the official exchange website or download the official app to be a user so as to enjoy these services.
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