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Exmo is a full digital currency trading platform which offers extensive flexibility for deposits and multi-language support. Although Exmo provides a wide range of services and reasonable security, there have been complaints from users regarding slow order transaction times and frequent errors on the platform. In Russia, this platform has been banned by the Government.
Exmo has a clean and minimalist design, being intuitive to use even for novice users. The inside chat offers great support, because members are supportive and offer tips to the other traders.
Crypto Currencies Support
Traditional Currency Support
- Euros (EUR)
- Russian Ruble (RUB)
- Ukrainian Hryvnia (UAH)
- US Dollar (USD)
- European Union
- Hong Kong
- Most Africa
- Most of Asia
- Most of Eastern European Union
- Most of Latin America
- Most of the Middle East
- New Zealand
- United Kingdom of Great Britain and Northern Ireland
- United States of America
- Web Interface
Stock Market Options
- Allows customization of charts
- Allows the movement or resizing of boxes
- Allows customized alerts and notifications
- Limit Order
- Market Order
- Margin Trading x2
Exmo security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.
Advanced Security Features:
- Email reports of logins
- Ability to limit access to account based on IP address
- Monitor bahavior patterns for suspicious activity
- Email Notification of withdrawal
Legal Registration or Compliance:
- KYC/AML Compliant
- Member of Bitcoin Foundation
Exmo states that its team is formed by developers from Spain, Russia, India and Thailand together with successful financial advisors from Great Britain, USA, Lithuania and Singapore. Exmo's CEO is Paltiel Lerner and keeps a low profile. Recently, Exmo made a public press announcement that it will integrate Monero & Tether.
Although this is a very popular trading platform, there isn't much information about the company behind Exmo and how they store users' private keys. The fees are quite high but they offer a lot of flexibility regarding the means of payment and offer support for multiple cryptocurrencies. Although it was banned in Russia, Russian users still access this exchange through a mirror website.
Deposit from bank account, Deposit using credit card, Deposit using 3rd party, Withdrawl funds to bank account, Withdrawal funds to credit card, Withdrawal funds through a third party, Send/Receive Crypto
Although Exmo doesn't have extensive trading functionality, it does offer the basic infrastructure for exchanging and storing major cryptocurrencies. Exmo is remarkable for its extensive deposit and withdrawal options and the friendly user approach. The platform also has live chat integrated and it is structured in two parts, the exchange and the wallets.
Some users complain of slow transaction times and regular maintenance disruptions.