1 Level
41 Review
50 Karma
Review on EXMO by Arun Kaul
The Universal Cryptocurrency Platform - Exmo Exchange
Exmo has a variety of currencies, both fiat, and crypto for its clients to use. Fees are on the mid ground when compared to Bleutrade and Coinmate. Putting these facts together, it is safe to say that beginners will find trading at Exmo enjoyable.
Experts might find the lack of margin trading as a set-off, even with several security functions available. We would still recommend this exchange to both types of traders, as has numerous deposit methods, many of them being instant fund transfers.
Exmo is an online cryptocurrency exchange where you can pair up different crypto and fiat currencies between each other. The service is available globally through a variety of payment methods offered for clients.
The trade itself uses two basic functions, limit, and instant order while margin trading does not exist, despite a large number of trade pairs.
There is a cool feature that many other exchanges do not have, which is live trader chat. The chat represents a place where the client can exchange information and knowledge. It also serves as transparency tool, to show general opinion of clients to anyone new.
At this moment, there are no mobile apps available for traders to download, although you can browse the site using your phone.
Pros
- Exmo has large number of fiat and digital currencies, as well as trading pairs
- Exmo provides live trader’s chat feature.
- Exmo exchange services are globally available
- Exmo provide ability to purchase and sell coins privately
- Exmo exchange provides several deposit/withdrawal options.
Cons
- Deposit and withdrawal fees of Exmo exchanges is comperetively high.
- Bank transfers and bank cards require scanned ID
