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Turkmenistan
2 Level
54 Review
410 Karma

Review on EXMO by Ogulnar Annamuhammedova

Revainrating 4 out of 5

My review on the crypto exchange EXMO

EXMO is a cryptocurrency exchange that has been on the market since 2013.



Ranked first among the stock exchanges in Eastern Europe. Currently, more than 1.5 million users, 50,000 active traders, more than 76 trading pairs, 5 fiat currencies (USD, EUR, RUB, PLN, UAH) are registered on the platform, the average daily trading volume is more than $ 50 million.



The EXMO platform is registered in the UK, with offices in London, Moscow, Kiev and Barcelona.



The exchange is focused on Russian-speaking clients who work with RUR and UAH not only with an interface, but also with deposit / withdrawal systems.

Although you do not need to verify your account in order to start trading on EXMO, you can provide proof of identity and proof of your address to increase the security of your account and gain access to a wider range of deposit and withdrawal methods. EXMO also offers the ability to set up two-factor authentication and create a list of trusted IP addresses that can log into your account.









You can deposit on the exchange in US dollars, Euros, Russian rubles, Ukrainian hryvnias and Polish zlotys. In 2018, another national currency was added to the exchange - Turkish Lira (TRY). Market expansion work continues. Withdrawal to the card and through payment systems works stably.



You can make a deposit in rubles through Qiwi, Yandex Money, PAYEER and AdvCash.



You can withdraw funds through the same systems. Withdrawals to VISA / Mastercard up to 150,000 rubles per day are also available.



User verification on the exchange, in principle, is not required. This is especially true for the deposit / withdrawal of funds in cryptocurrencies. To withdraw cryptocurrency, it is enough to wait 48 hours from the moment of account creation.



Fiat is a little more complicated. Since the EXMO exchange operates in a clear legal framework (the company is registered in the UK), it simply complies with anti-terrorism and anti-money laundering laws. From there such nit-picking to the provided scans of documents. Nevertheless, tens of thousands of people successfully pass verification and do not have any problems with their accounts.



"Freezing" when depositing and withdrawing funds is a common problem on all exchanges, and not only cryptocurrency ones. Problems from the network, incorrect actions of customers, technical problems on the exchange - force majeure is possible. Support responds promptly. Tickets, chat inside the exchange, representatives on large forums: the team tries to quickly respond to questions that have arisen.

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Боковые панели

Pros
  • 24/7 support service
  • Wide range of deposit options
  • Support for payment systems popular in the CIS
  • Access to a number of popular crypto
  • Trade 46+ crypto / fiat and crypto / cryptocurrency pairs
  • Direct and transparent 0.2% trade commission
  • Cashback program and various contests.
Cons
  • Several other exchanges offer access to a much larger range of cryptocurrencies
  • You can find lower trading fees elsewhere.
  • No possibility to trade using leveraged funds

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