The Eksmo exchange is one of the few cryptocurrency platforms that is aimed at an audience in Eastern Europe, in particular at users of the former CIS countries. The exchange has a Russian-language interface and allows users to trade cryptocurrency for rubles, hryvnias and other popular currencies (USD/EUR/GBP/PLN). More details about working with the exchange are provided later in our review of 2022.
- What is Exmo
- Mirror Exmo
- Registration Exmo
- Exmo verification
- Exchange account security
- Deposit and withdrawal of funds Eksmo Replenishment of balance
- Output from Exmo
- EXMO Gift Card
- Commission
- “Quick trades” function
What is Exmo
Trading on the Exmo
Exmo exchange (Exmo)
is a European cryptocurrency exchange aimed at traders from the CIS countries, but registered in the UK. Operating since 2014. The platform offers trading on 12 markets, including Bitcoin, Ethereum, popular cryptocurrencies, fiat currencies and stablecoins. Traders have 170 trading pairs at their disposal. The most popular pair is BTC/USD. The daily turnover of the Exmo exchange is $75.5 million.
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From the end of 2022, verification on Exmo is mandatory, although previously it was possible to trade without it.
The commission for maker and taker is 0.3%, but due to cashback it can be lower, which will be discussed below. There are a lot of negative reviews about Eksmo, which mainly concern problems with withdrawing funds and writing them off for inactivity of the account for some time, and an overly complex verification procedure.
Exmo official website
Advantages and disadvantages
pros
- Large selection of trading pairs.
- Support for fiat currencies.
- Low level of commissions.
- Good communication with users.
- Frequent blog and social media updates.
- Simple interface.
- Good security.
- Availability of additional features - cashback, chat, referral program.
- Mobile app.
Minuses
- Does not work with US clients.
- Conditions for depositing and withdrawing funds often change.
- Mandatory user verification from 2022.
- Some pairs have low liquidity.
- Inactive account fee.
Mirror Exmo
How to use Exmo mirror
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Since 2022, access to the Exmo website (exmo.com) has been officially blocked in the Russian Federation according to the order of Roskomnadzor.
In order not to lose users from Russia and not to complicate their work by the need to use a VPN, users can access the site through a mirror - exmo.me. Judging by user reviews, residents of Ukraine may also sometimes have problems logging into the official website exmo.com.
What to do if Exmo doesn't work:
- Go to the site through the exmo.me mirror.
- Use a proxy server (preferably not a free one).
- Use the Eksmo exchange through the Opera VPN browser.
- Access the site by connecting via VPN from any browser.
Branded cashback program EXMO Cashback
Branded cashback program EXMO Cashback
The EXMO exchange will allow you to return up to 100% of the commissions that were paid for all trading operations. Cashback is calculated daily based on the maker and trader bets, which correspond to the total trading volume. Payment is made the next day after the transaction is completed. The larger the volume, the higher the payouts.
Cashback commissions by trading volume
Premium cashback is also available, which can be purchased using EXMO tokens. The minimum package cost is $1.
Registration Exmo
Registering users on Exmo
The official Exmo website has a very simple and user-friendly interface, and the presence of the Russian language makes working with the exchange even more comfortable.
The top panel contains icons for quick access to the main functions of the exchange, language selection, as well as login and registration buttons.
The first stage of working with the exchange is registration. The registration process for Eksmo is very simple and understandable even for beginners.
To create an account, you need to click the “Registration” button in the upper right corner of the main page.
Eksmo main page
The site will then redirect you to the account creation page.
Everything is standard here - come up with a login, enter your e-mail, phone number, password and check the box to agree to the user agreement. After entering all the required data, click the “Registration” button.
Exmo registration steps
After completing all the steps, an email from Eksmo will be sent to the email address specified during registration with a link to activate your account. Follow the link in the email and log in to your account using the information you provided earlier.
About the support service
Communication with platform representatives responsible for solving user problems occurs via email. Official e-mail of EXMO support service Users note the fast response to requests.
To solve problems, you can also contact exchange representatives on the profile branches of third-party platforms. An example is the EXMO section on the bits.media forum.
Exmo verification
Verification of users on Exmo
is mandatory since 2022
on Exmo me. It allows you to use the functionality of the exchange without any restrictions.
To pass verification on Eksmo, you need to go to the section of your personal account with the appropriate name.
Account verification on the Exmo exchange
User verification is carried out in 3 stages:
Stage 1. Identity verification. At this stage, you must enter your personal data and attach a scanned copy of your identity document (passport, international passport or ID card).
Identity verification
Stage 2. Address verification. You must indicate your registration address and attach a scanned copy of any document (no older than 3 months) confirming the specified address. This could be a bank statement, a receipt for utilities, tax or other documents that will indicate your full name and registration. This stage is not mandatory, but it is better to go through it to avoid problems with withdrawal of funds.
Address verification
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Usually verification on Eksmo takes up to 24 hours, but usually the whole process takes 1-2 hours.
In addition to Exmo verification, the following menus are available in the user’s personal account:
- Private messages;
- Referral program;
- Cashback;
- Trading history;
- News;
- Settings;
- Exit.
We invite you to watch the video instructions for verification on the Eksmo exchange:
Eksmo: registration and verification
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Read the full article: Verification on the exchange - what you need to know about KYC and AML
How to deposit and withdraw money from the Exmo exchange
To start trading, you need to deposit funds to your wallet address. This can be fiat and digital currencies. The minimum deposit amount is 0.01 BTC.
If you have passed the verification procedure, you can deposit money from a bank card. Those who wish to maintain the anonymity of their transactions can use the services of payment systems such as QIWI, WebMoney, Yandex.Money. For dollars it is convenient to use MoneyPolo. For euro - CryptoCapital.
There is no fee for replenishing your account.
You can withdraw money in exactly the same ways as you deposit it.
You can withdraw both digital coins and fiat funds from EXMO.
To do this you need to do the following:
- Log in to your wallet in your personal account.
- Confirm your email address.
- Click on the “Exchange” button and indicate the digital currency that you want to withdraw/change (first change altcoins to BTC).
- Specify the fiat currency you plan to withdraw and exchange Bitcoin for it.
- After that, go to the “Wallet” section and click the “Withdraw” button opposite the fiat name.
- In the window that opens, select the withdrawal method.
- The system automatically removes the commission from the transaction and you can immediately see how much you will receive in pure form.
- Confirm the transaction by entering the authorization code.
Depositing and withdrawing money occurs quickly. If there are delays of more than 2 hours, then you should send a request to technical support.
Exchange account security
Security on Eksmo
The exchange pays a lot of attention to the security of its users' data and advises you to always check the site domain in the address bar before starting to work with Eksmo. Do not access the site through an unverified link.
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The exchange has only two official addresses: exmo.com and a mirror – exmo.me.
Users are also recommended to enable two-factor profile authentication (2FA) immediately after registration, thanks to which you can protect your account as much as possible from hacking.
2FA complicates the user identification process and implies the additional use of one-time codes to log into your account.
You can connect 2FA through your Eksmo personal account.
Go to the “Settings” menu and select the “Protection” submenu.
Setting up two-factor authentication
The Exmo me exchange offers to receive TOTP codes to log into the site using the Google Authenticator application or via SMS.
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The exchange development team recommends using Google Authenticator, since this application works even without an Internet connection or mobile network, which reduces the possible risks of delays when entering the site and information leakage. Google Authenticator generates a new code every 30 seconds, which provides a good level of data protection.
Authentication via SMS code involves entering a unique code that will be sent to your mobile number as an additional confirmation of your actions when entering the Eksmo exchange website, changing profile settings, or when withdrawing funds. This method is less secure since the receipt of SMS may be influenced by third-party factors, such as the quality of mobile communications, problems with free space on the phone, roaming, etc.
When connecting authentication using any of the above methods, the exchange offers you 2 options:
- Use only for authorization – when this option is enabled, one-time codes will only be used when logging into your account;
- Full protection – additional protection with one-time codes will be used when logging into the site, changing profile settings and withdrawing funds.
Setting up two-factor authentication
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Read the full article: Online Security: Two-Factor Authentication Methods
In addition to two-factor authentication, the Eksmo development team has provided the possibility of additional protection through a list of trusted IPs. This option implies the ability to create a list of secure IP addresses from which it is potentially possible to enter the exchange. The Eksmo website will record the address from which you log into your account and block authorization from those addresses that are not listed.
You can enable this option through the profile settings, submenu “IP address”.
Setting up trusted IP addresses
In addition, Exmo me encourages users to pay attention to email newsletters on behalf of the exchange. Eksmo Exchange does not send letters asking to send personal data of users or calling for the collection of any funds. Be careful and pay attention to the sender's address.
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Letters from Exmo come only from the address
The Eksmo exchange also warns against using third-party applications to log into your profile.
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The exchange has an official mobile application that can be downloaded from the Play Market and AppStore.
If you identify any problems, a phishing attack or suspicious activity, always contact the exchange support team
Exmo does not withdraw money
The exchange, like many other platforms, may experience glitches. The latter can lead to a number of undesirable consequences, including difficulties in organizing the withdrawal of funds. According to messages posted by EXMO users on the forums, most problems are quickly resolved.
Reasons and what to do
In some cases, the duration of withdrawals may depend on the level of congestion at the gateways. If you have any questions, please contact the platform support service .
Deposit and withdrawal of Eksmo funds
Trading on Exmo
Before you start working with the exchange, you need to top up your wallet with cryptocurrency or fiat (USD, RUB, UAH, PLN, EUR, GBP, KZT).
To do this, go to the “Wallet” menu on the top panel of the site.
Working with the Exmo exchange wallet
First, let's look at the interface. Exmo wallet has a laconic interface. The user is immediately shown a long list of available currencies for depositing and withdrawing, as well as the balance for each item in the list.
Exmo wallet interface
For your convenience, you can set a list of “favorite” currencies in your Exmo wallet so that currencies that the user does not work with do not distract his attention.
To ensure that only those items that are interesting to you are displayed on the main page of your wallet, check the “Show only favorites” box.
Having completed the necessary settings and shortened the list of currencies in the Exmo wallet, it is more convenient to use the “Transaction History” section, which follows the list of currencies. In this section you can see detailed information about all payments made, including those that are still being processed.
The “Templates” button is provided to create a list of personal accounts for withdrawal of funds. Using this option will allow you to reduce the time when withdrawing funds from Eksmo in the future. Users are asked to fill out all the necessary information about the wallets to which they plan to withdraw funds once, and for further withdrawals they will simply need to select the desired account from the list.
To create a new invoice, go to the “Templates” section and click “Add”.
Adding a new account for withdrawal of funds
Top up your balance
So, we’ve sorted out the interface, it’s time to top up your account on Eksmo. In order to top up your Eksmo balance with any of the available currencies, click the “Top up” button next to the currency you need.
Depending on the chosen currency, the exchange will offer you a list of available services for replenishment, as well as detailed information about limits and commissions when choosing each option.
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It is worth noting that for almost all cryptocurrencies, replenishment is carried out without commission, but if you want to top up your balance with fiat money, be prepared to pay a certain percentage of the fee.
Topping up your ruble account on Exmo
Once the replenishment method has been selected, you must enter the replenishment amount and click “Top up balance”.
Most often, you will be able to see a positive balance in your account in less than an hour, but sometimes it can take longer for funds to be credited to your account.
Output from Exmo
Withdrawal of funds occurs in the same way. To withdraw funds, you need to click “Withdraw” next to the currency you need. Next, just like when replenishing, the exchange will offer you possible options for services through which you can withdraw your assets, and will also remind you of the limits and commissions for the transaction.
Withdrawing rubles to Qiwi
Specify the desired amount for withdrawal and click “Withdraw funds”.
It is worth noting that the Exmo me exchange does not charge a commission for withdrawing cryptocurrency, however, there are commissions from payment systems directly for carrying out the transaction. So, if you need to withdraw BTC, be prepared to pay an additional 0.0005 BTC, for ETH – 0.004 ETH, etc. More detailed information about commissions and limits is available on the official website of the exchange.
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Withdrawing funds from the Eksmo exchange usually also takes about an hour, and if funds are withdrawn to a bank card, the transaction can take up to 3 business days.
EXMO Gift Card
Exmo codes
You have probably already noticed that, among other options, the exchange offers the use of EXMO Gift Card as an option for replenishing or withdrawing cryptocurrencies.
EEXMO Gift Card is a convenient tool for transferring cryptocurrency funds between platform users and replenishing your account on EXMO. This tool has also become widely used in online currency exchange services, since it can be used to easily transfer monetary assets outside the exchange space.
Digital combination EXMO Gift Card
EXMO Gift Card is presented in the form of an encrypted code that contains data about the amount and currency of funds.
EXMO Gift Card can be used both within and outside the exchange. You can buy EXMO Gift Card on cryptocurrency exchangers, which can be easily found on Bestchange.
Using EXMO Gift Card helps to replenish and withdraw assets to bank cards and payment systems without verification.
The Exmo wallet can be used not only for deposits or withdrawals, but also for storing funds. Funds in user accounts are stored in so-called “cold” wallets, which are not connected to the Internet, which provides more reliable protection against hacking.
In addition, as mentioned earlier, the Eksmo exchange protects users using 2FA, which also reduces the likelihood of funds being stolen. Thus, despite the fact that exchange wallets are considered not the safest option for storing assets, the Exmo wallet can be used for storing small amounts.
Personal Area
Sections of your EXMO personal account open when you hover over the account name in the upper right corner, and they are also available in the left menu when you go to your wallet.
Personal Area
Among them:
- Wallet. It will be discussed in more detail below.
- Trading history. Information about the last transactions performed: date, type, amount, currency pair.
- Statistics of accruals for the cashback program, which returns part of the funds spent on trading commissions.
- Private messages. Incoming and outgoing messages from other site users.
- Account verification. The section allows you to go through several levels of identity verification to provide maximum access to all the functionality of the exchange.
- Referral program. Information about the effectiveness of the referral link - how many people registered, how much income they brought. Here you can also get a banner code to place on your website.
- Settings. Here, by navigating through the side menu items, you can set up alerts, create API keys, create a list of trusted IP addresses, enable two-factor authentication via Google Auth or SMS, view your account login history, and change your password.
How to trade on Exmo
How to trade on Exmo
How to trade on Exmo:
- Step 1. Fund your account using any available method (in case of fiat trading, be sure to go through verification).
- Step 2. Create an order by choosing the appropriate type that the exchange offers, or accept an order created by another user.
- Step 3: Complete the deal.
- Step 4. Get profit or experience.
- Step 5: Repeat.
Since May 2022, Exmo developers have slightly updated the trading interface; now all transactions with currencies on the exchange can be carried out in the “Advanced Trading” section. The section has a fairly standard appearance.
At the top of the screen, a selection of trading pairs is available, as well as an online graph of changes in price and trading volume for each pair.
Section “Advanced trading” of the Exmo exchange
On the right there are blocks with stock books and the latest transactions, and at the top left there is a field for purchase/sale transactions of cryptocurrencies.
To buy and sell, the Eksmo exchange offers the choice of using a limit or market order.
Limit orders are used to buy/sell currency at a predetermined rate. As soon as the cryptocurrency rate reaches the desired level, the exchange will automatically execute your order.
To create such an order, go to the “Limit” block. For example, you want to purchase 0.5 BTC at a price of $50,000. Fill out the required fields in the order form and click “Buy”.
Creating a limit order
Market orders are executed without any delay, the transaction is carried out immediately at the current market rate. To create such an order, go to the “Market” tab. As an example, we will sell 0.5 BTC. To complete the transaction, enter this amount in the “Quantity” field, and the system will immediately give you the approximate amount in USD that you can receive upon sale. If you are satisfied with everything, click the “Sell” button.
Creating a market order
When making transactions, consider the exchange commission.
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Exmo has a single commission for all transactions, which is 0.3%.
Below the buy/sell block there is data with active orders and trading history. In this section you can monitor the status of generated orders and a list of previously completed transactions.
Commission
The commission on Exmo for taker and maker is 0.3%, but it can be reduced when using cashback.
Exmo trading commissions
For Crypto/USDT pairs there is a reduced trading commission of 0.1%, for transactions in the “Quick Trades” and “Exchange” sections - 1%.
Cashback percentages remain unchanged.
Ex-code
Ex-code is a service for exchanging funds within an exchange. The user can generate a code for a certain amount of any currency on the exchange, which can be transferred to any other user and, by activating it in his account, he will receive these funds on his balance. Naturally, this amount will be debited from the balance of the first user. Ex-codes are very often used by exchangers to buy or sell cryptocurrency or fiat. Sometimes such exchangers have a withdrawal rate that is more favorable than on the stock exchange.
Additional offers for users
Exmo functionality
The Exmo exchange is not only about buying and selling cryptocurrencies; the development team offers its users some additional options and motivational programs.
“Quick trades” function
The name of the option speaks for itself. This section is designed for quickly exchanging fiat for cryptocurrency.
Section "Quick trades"
Margin trading
Like many other cryptocurrency exchanges, EXMO offers margin trading.
Among the advantages it is worth noting:
- Low trading commissions: 0% for Maker trades and 0.05% for Taker trades;
- Adjustable leverage up to x20;
- Convenient trading interface: you can edit orders directly on the chart, you can also see the liquidation price and closing orders;
- Isolated margin, which prevents you from losing more money than was used in the position.
Margin trading on Eksmo allows you to use market and limit orders, as well as three types of stop orders both for beginners and for trading in large volumes (stop loss, stop limit and trailing stop).
Margin trading on EXMO
EXMO mobile application
EXMO mobile application
The EXMO mobile application allows you to buy and sell Bitcoin and other cryptocurrencies in a few clicks. You can top up your balance using a bank card or through payment services Payeer, AdvCash, QIWI and others.
The application is also optimized for trading, as it contains advanced trading functionality:
- Different types of orders: market, stop and limit;
- Interactive charts to track changes in the rate of Bitcoin and other cryptocurrencies in real time
- Order book and transaction history.
The application can also be used as a wallet for storing cryptocurrencies. According to the team, it has increased reliability as it is protected by LedgerVault technology.
In addition, from the application it is convenient to contact the support service, which works 24/7.
EXMOWIKI
A knowledge base with a detailed description of the main functions of cryptocurrency exchanges, rules for working with various sections and answers to the most common questions. Before starting to work with the exchange, it is recommended that you familiarize yourself with EXMOWIKI for easier and more comfortable work.
Referral program
Like many other sites, the Exmo me exchange uses an affiliate program to attract more users and reward existing ones. The exchange offers you 25% of the commission amount for each new user who uses your referral link when registering. More friends means more income.
Cashback
Each registered trader of the Eksmo exchange automatically becomes a participant in the Cashback accrual program. With each transaction you have the opportunity to receive a certain amount of commission refund, which can reach up to 116%. The amount of refunds depends on the trading volume for the month and is set in accordance with the payout rank scale.
Cashback interest rate
Individual conditions for VIP clients
The exchange offers personal working conditions for large clients, such as payment systems, mining companies and other large financial organizations. The exchange is ready to provide the services of a personal manager, individual limits and tariffs for all currency pairs, etc.
OTC-Trading
A separate service for conducting transactions worth over $100,000. If you have to make a large transaction, the exchange will consider your application individually, select the most favorable conditions and complete it as soon as possible.
Main characteristics of the exchange
- The EXMO cryptocurrency exchange has been operating for more than 4 years and has been actively developing all this time. During this period, Eksmo absorbed the key features of its competitors, improved and transformed them;
- The country of registration of the company is Great Britain. The legislation here strictly applies to any financial activity, and to cryptocurrency in particular, which indicates the competent and accurate preparation of all documents for licensing in this area;
- EXMO is open in understanding the explanation of its actions and development prospects. One of the co-founders often appears on TV covering current issues and answering user questions;
- The number of new registrations every day exceeds 20,000, and in total there are more than 1,400,000 registered customers. EXMO is visited more than 7,000,000 times per month, and at least 20,000 traders are online at the same time;
- In terms of trading volume, Eksmo is firmly in the TOP 10 projects with an impressive 200,000,000 USD;
- An office has been opened in Barcelona to work with clients face-to-face;
- Updates and improvements are made constantly. The main initiators are the clients themselves;
- The project is available in 10 languages, including Russian;
- Title “Best Exchange 2017”;
- Safety. It is specifically mentioned at the end of the discussion of benefits in order to emphasize this. The combination of complex authorization formats, reliable external project protection and full deposit insurance has made EXMO an exchange where many clients keep their investment portfolios. During the entire period of operation of the EXMO cryptocurrency exchange, it was not subject to hacking or other attacks.
| Cryptocurrency exchange | Exmo (Exmo) |
| Official site | exmo.me and exmo.com |
| Year of foundation | 2013 |
| Number of clients (March) | 1.5 million |
| Geography of users | CIS (Russia, Ukraine, Belarus); China, UK, Poland, Canada and other countries |
| Rating | First place in the CIS; is in the Top 10 in Europe and Top 30 in the world in terms of daily trading volume. The best platform for working with fiat. |
| Working with fiat | USD, EUR, RUB , UAH, PLN |
| Verification | Optional. Verification is required when using bank cards: Visa/Mastercard; Skrill; Neteller; CryptoCapital; Wire Transfer; Sepa; GiroPay, BanContact. Verification period is 24 hours. |
| Account protection | Two-factor authentication: Google Authenticator, SMS; IP |
| Trading commission | 0,2% |
| Cryptocurrencies | DASH, BCH, XML, ZEC, BTC, XMR, DOGE, USDT, ETC, ETH, LTC, XRP, WAVES, KICK, BTG, EOS, BTCZ, DXT, STQ, HBZ, TRX, ADA, OMG, MNX, INK, DXT, GAS, GNT, ZRX. There are a total of 29 crypto coins available. |
| Trading pairs | 133 |
| Company registration | Great Britain |
| Co-founders | Eduard Anufriev, Ivan Petukhovsky |
| Volume 24h | US$57 million |
| Support | e-mail, online chat |
| Deposit and withdrawal methods | Fiat: QIWI, Webmoney (withdrawal), Contact, Yandex.Money, Visa or Mastercard bank cards, Perfect Money, Advcash, Payeer, CryptoCapital, Rapid Transfer, Money Polo, Okpay, Payza, bank transfer, Sepa, GiroPay, BanContact, Neteller , Skrill; cryptocurrencies |
| Codes (EX-CODE) | supports |
| Types of orders | market, limit |
| Simple market exchange | supports |
| Margin trading | Launched 2022 |
| Russian, Ukrainian languages | supports |
| Registration address | 49 Station Road Polegate, England |
| Activity on social networks | Telegram, VK, Twitter, Facebook, Youtube |
Advantages of the site
- EXMO exchange has a Russian-language interface
- Supports all payment systems common in Russia. When passing verification, it allows you to use bank cards.
- The project contains a huge knowledge base, including answers to the most common questions from users. Detailed coverage of basic concepts and definitions will allow you to get started, even for those who have never encountered trading operations on the Internet.
- The EXMO exchange does not require mandatory verification. Those who decide to take part are provided with detailed instructions guaranteeing a positive result.
- An unlimited one-level referral program allows you to receive passive income.
- The service is constantly working on development, providing its users with new features and functions.
- Separate opportunities for users from neighboring countries.
- Elaborated translation of each page of the project.
The EXMO exchange offers not only cryptocurrencies for trading. The range of currency pairs is quite diverse and includes several offers for trading fiat money - dollars and euros. There is also the opportunity to play for Russian rubles and Ukrainian hryvnia.
Cons of the site
- Confusion with addresses. EXMO has two domains. These are not mirrors - there is only one site. This solved the problem of blocking the service in Russia and some other countries.
- Project support sometimes takes a long time to respond.
- When there is a large influx of visitors, the server sometimes crashes. But reviews of the EXMO cryptocurrency exchange indicate that the problem is always quickly resolved.
History of Exmo
Exmo Team
Few people know that the activities of the Exmo exchange began back in 2013 with the opening of the ExMoney currency exchange service. A year later, the company grew to create a cryptocurrency exchange and in 2014 Eksmo’s first entry into the cryptocurrency market took place.
The company is registered in London, but has Russian roots. The founders of the exchange are entrepreneurs from the CIS Pavel Lerner and Ivan Petukhovsky. At the same time, the main activity of Eksmo is carried out in Ukraine.
Founders of the Exmo exchange
The Exmo team does not advertise details about its owners, but we managed to find out some information about Lerner.
Pavel Lerner is originally from Kursk, but has been living in Barcelona for several years, where he took the pseudonym Paltiel Lerner. The co-founder of Eksmo has extensive experience in the field of IT and blockchain.
Speaking about Pavel, it is impossible not to mention the fact that at the end of 2017 he was kidnapped in Kyiv. On December 26, several unknown people attacked Lerner near the Exmo office, pushed him into a car and drove him in an unknown direction. This news then spread throughout all world publications. Lerner spent a day and a half in captivity and for his release he had to transfer $2 million in bitcoins to the kidnappers. To this day, the kidnappers have not been found, and Lerner is trying not to appear in Ukraine again.
During the operation of the exchange, Petukhovsky and Lerner managed to build a team of 350 people from the initial staff of 5 employees. Considering the roots of the founders, the work of the exchange is focused mainly on the countries of Eastern Europe. The site has been translated into 12 languages, including Russian and Ukrainian, which certainly attracts the target audience of the exchange.
Regulation
The British cryptocurrency exchange EXMO is owned by EXMO Finance LLP and is headquartered in London.
The platform is licensed in the UK and operates within the framework of English conflict of laws. The registration certificate is available on the website.
EXMO registration certificate
The exact address of the exchange is also known: 2 Kingdom Street, London, United Kingdom.
All contact information can be found on the website in the Contacts section.
Eksmo's position in the market
Eksmo cryptocurrency exchange
Over the 8 years of its existence, the Eksmo exchange has managed to gain the trust of more than 1.947 million users from more than 200 countries and their number continues to grow. Just recently, about 10 people a week registered on the exchange, but now this figure is measured in thousands of registrations per day.
In terms of popularity among users of the CIS countries, the exchange occupies top positions, but it is still far from reaching international level platforms. The market capitalization of the exchange is $300 million. The daily trading volume exceeds $75 million, which brings Exmo to 33rd position in the ranking of trading platforms according to the CoinMarketCap portal.
Exmo in the ranking of exchanges by trading volume
More than 409,000 users visit the exchange daily. The most popular trading pairs are Bitcoin and fiat: BTC/USD - 23.99%; ETH/USD - 15.06%; ETH/BTC - 6.42%.
It is important to note that in 2022, Exmo won the title of best exchange of the year according to the BTC Awards CIS ceremony.
We also advise you to watch a detailed video review of the Exmo exchange:
Review of the Eksmo exchange
ICO Exmo. EXO Token
In 2022, the Eksmo exchange announced the attraction of investments through ICO, which will begin on September 10, 2022 and will last exactly a month. During the only round of crowdsale, the exchange plans to raise $300 million. The exchange intends to invest the funds received from investors into the development of the project: the launch of margin lending, marketing and further expansion in the crypto market. The price of one EXO token at the crowdsale stage will be $1.
Each investor will receive income from margin trading, which will open on Exmo, as well as profit from the growth of the EXO token rate, which is predicted by Exmo management. The ICO website provides an income calculator. For example, when purchasing 1000 EXO tokens for $1000 in September 2022, the investor will receive a profit of $11,864 within a year, and in 2022, according to the exchange’s calculations, the value of this asset will be equal to $83,292.
VIP clients
Some EXMO clients are offered increased limits for transactions on all trading pairs and corporate accounts. In addition, each VIP client is assigned a personal manager to resolve any issues. And of course, individual rates.
You can become a VIP client of the exmo.me exchange if you belong to one of the following categories:
- API traders.
- Banks, exchangers.
- Payment systems.
- Hedge and venture funds.
- Mining companies.
- Forex and stock brokers.
To receive more favorable conditions, you should go to the page for VIP clients and fill out the form.
After submitting the form, you just have to wait for an EXMO representative to contact you.
Fast exchange
You can buy and sell cryptocurrency on the EXMO exchange without using the exchange terminal. To do this, click the “Quick Exchange” button.
- To make an exchange, in the first field (1) you must indicate the available amount of currency.
- Next to this field (2) select the name of the currency.
- Below (3) select the desired currency.
- The adjacent field (4) will automatically show the amount of currency that EXMO will give in exchange for the one indicated above. This rate differs slightly from the exchange rate.
For example, if the lowest purchase price for bitcoin in the order book is 9737 USD, then in the quick exchange tab you will be charged 9760 USD.
If everything suits you, all you have to do is click the “Exchange” button (5).
Reviews about the EKSMO exchange
EXMO is a classic cryptocurrency trading exchange. A simple registration system, a large set of tools, low commissions and an advanced mobile application are only part of the advantages.
Reviews of the Exmo cryptocurrency exchange
But some are unhappy with the mandatory multi-step verification and, even more so, the commission for servicing inactive accounts. Previously, there were problems with sudden movements in the exchange rate, but now this is no longer relevant, since the company has carried out serious optimization of the hardware.
Problems with EXMO may only begin for potential users from the USA - the resource is not available to them.
Recommendations for working on the stock exchange
To feel safer, immediately after registration we recommend enabling two-factor authentication for logging in and making transactions. Google Auth should be preferred due to its flexibility, reliability and large number of tools.
To log in, use only the official domains EXMO.COM and EXMO.ME. Other names are potentially dangerous and may provide phishing information.
And don’t forget about anti-virus protection, and don’t store passwords in clear text. It is better to use applications of the KeePass level, do not transfer data to third parties and use only the official mailbox to contact support.
Summary
As you can see, there is nothing complicated, and now you know how to top up, how to trade and how to withdraw cryptocurrency from the balance of the Exmo exchange.
A platform with a truly convenient Russian-language interface and the ability to replenish the balance (and withdraw) with fiat currencies (rubles, dollars, euros, etc.).
Registration on the Exmo exchange
- about the author
- Recent publications
Artyom Privalov
Cryptocurrency expert, journalist and entrepreneur. Passionate about machine learning and blockchain technologies. Long-term investor in Bitcoin and promising alternative currencies. Saw Bitcoin at $1 and believes in $1 million per BTC in the long term.
Artyom Privalov recently published (see all)
- Best Cryptocurrency Exchanges 2022 – 01/26/2020
- What is cryptocurrency staking? — 01/11/2020
- What are smart contracts on the blockchain - 01/08/2020
