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Oct 27, 2018 Adrian Exchanges Views: 186

EXMO

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49 Station Road, Polegate, England
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https://exmo.com/en/api

Company Name

EXMO FINANCE LLP

Date founded

Jul 31, 2013

Founder Name

Ivan Petukhovsky

Name

EXMO

Address

49 Station Road, Polegate, England

Languages

Chinese, Dutch, English, French, Italian, Polish, Portuguese, Romanian, Russian, Spanish, Turkish

Risk Management Tools

Yes

Copy-trading

No

Fees

https://exmo.com/en/docs/fees

Deposit methods

Bank wire, Bitcoin, Litecoin, Ethereum, Monero

Maximum deposit

None

Maximum withdrawal

None

Minimum deposit

0.00000001 BTC

Minimum withdrawal

None

Supported crypto currencies

Bitcoin, Ethereum, Ethereum Classic, Litecoin, Monero

Supported fiat currencies

Euro, Polish Złoty, Russian Ruble, Turkish Lira, Ukrainian Hryvnia, United States Dollar

Two-Factor Authentication

No

Secured By SSL

Yes

Windows Phone

No

24/7 Online Support

Yes

Contact phone

+34 935 995 223

Contact email
Withdrawal methods

Bitcoin, Litecoin, Ethereum, Monero

Max Leverage

None

Spreads

0.25

Demo version

No

Market
Price
Open 24H
Range 24H
Vol. 24H
% CH
Market
Type
Price
Quantity
Total
Id

Overview

EXMO is an online cryptocurrency exchange platform based in the United Kingdom. The platform allows traders to exchange cryptocurrencies as well as trade them for fiat money. It was founded in 2013 and has managed to bring together impressive developers and financial advisors from Singapore, Thailand, Spain, Great Britain, India, and the USA. The result has been an impressive and intuitive platform, even going on to be ranked in the top 10 currency exchanges in the world. Its features have been detailed below.

 

Features

Supported cryptocurrencies and fiat currencies: The platform supports numerous cryptocurrencies, with the most popular being Bitcoin cash, Litecoin, Bitcoin, and Ethereum. Supported fiat currencies include the Ukranian Hryvnia, Russia Ruble, US Dollar, Euro, and Polish Zloty. Traders can make deposits using any of the supported fiat currencies.

Payment Methods: EXMO supports a wide range of payment methods, making it highly accessible for any traders. The methods available include SEPA, Cryptocapital, Debit cards, Credit cards, and Wire transfers, amongst numerous others.

Supported Countries: EXMO is basically accessible from any country in the world, with the exception of very few. These exceptions include the US, Japan, China, North Korea, Syria, and countries in the Middle East.

Fees and charges: There is a lower limit set on any deposits that are made using cryptocurrencies. Deposits lower than the minimum deposit limit are automatically rejected by the system. Additionally, the user does not get refunded. There is no set maximum deposit limit though there is a minimum fee charged for every transaction. This fee is set at 0.2%. You may have to incur other charges based on your payment method. These additional charges are however limited to the charge imposed by the payment processing company.

Customer support: Customer support is available in all major languages and the support team can be reached either through email ([email protected]exmo.com), ticketing system, or online chat. The platform also provides traders with a comprehensive knowledge section that addresses any questions that they may have.

 

FAQ’S

Q: Is EXMO regulated?

A: No, EXMO is not a regulated platform.

Q: Is EXMO secure?

A: Yes, EXMO has gone out of its way to ensure that trader’s assets and transactions are safe. It provides traders with cold wallets where they can store their currencies outside of the exchange, it also employs two-factor authentication (2FA) for login and may require IP recognition and verification if login is attempted through an unfamiliar computer or location.

Q: How long are the deposit and withdrawal times on EXMO?

A: Deposits on EXMO are basically instantaneous, while withdrawal time is dependent on the method used.

 

Conclusion

Despite having its own set of drawbacks, EXMO remains a highly recommendable and reliable exchange. It currently has a huge following of over 100,000 users and boasts a significant amount of daily transactions, exceeding 10,000 Bitcoins. It has also been lauded for being extremely user-friendly, and would, therefore, be an optimum choice for beginners.

Screenshots
Pros & Cons
  • Numerous payment methods available
  • Customer support can be reached 24/7
  • Numerous cryptocurrency asset pairs to trade in
  • Wide trading limits
  • Inconsistent deposit and withdrawal conditions
  • Highly unpredictable
  • Numerous downtimes have been reported
  • Does not accept clients from the US
  • Traders have complained of lack of privacy
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