EXMO is a dynamic cryptocurrency exchange offering its users a wide range of opportunities to exchange and trade cryptocurrencies. The platform features such popular cryptocurrencies as Bitcoin, Ethereum, Cardano, Algorand and Bitcoin Cash, as well as many other digital assets and tokens. EXMO supports fiat currencies, which allows transactions with money such as USD, EUR, GBP, RUB, PLN, TRY, UAH and KZT.

The exchange provides three key types of transactions: P2P exchange, advanced exchange trading and margin trading. The P2P exchange system allows users to directly exchange cryptocurrencies, avoiding intermediaries and commissions. Advanced stock trading provides full functionality for professional traders, including complex orders and analytical tools. Margin trading allows users to borrow funds to increase the size of positions and potential profits.

EXMO offers its own trading terminal, which is available both in the web version and in the mobile application. The interface of the platform is designed to be intuitive and easily customizable, allowing each user to adapt it to their personal preferences and needs. The exchange provides access to all standard payment systems, including Visa bank cards, QIWI e-wallets, Payeer and the SEPA system.

In addition, EXMO users receive a multi-currency wallet that allows them to store and manage various digital assets and fiat money in one place. This makes the platform a convenient tool for working with cryptocurrencies and managing your finances in a variety of currencies.

Trading Instruments

EXMO is a multi–faceted cryptocurrency platform that provides users with extensive opportunities to trade digital assets. The platform supports a wide range of cryptocurrencies such as Bitcoin, Ethereum, Cardano, Algorand and Bitcoin Cash, and also includes many other digital assets and tokens. It is worth noting that the minimum deposit to start trading and the deposit to pay for an account are not the same thing. To start trading on EXMO, it is enough to pay for a basic account, which costs 1 US dollar. This basic account gives access to the main functions of the platform, but it has some limitations, such as the lack of cashback and reduced functionality.

For those who want to take advantage of a wider range of features, advanced types of accounts are available, the cost of which is 50, 100 or 500 US dollars. The choice of account level should be made depending on the activity and trading volume, which allows you to make the most effective use of the platform's functionality.

The platform provides the opportunity for margin trading with a leverage of 1:3, which allows traders to borrow funds to increase the size of their trading positions and potential profits. However, it is worth noting that the technical support at EXMO has an excellent reputation, although communication with it is only possible via email, which may be inconvenient for those who need quick help.

EXMO is an advanced cryptocurrency platform based on TradingView, which offers users access to a wide range of analytical tools and trading functions. The platform provides the opportunity to trade both cryptocurrencies and fiat currencies, which makes it a universal solution for the diverse needs of traders.

There are two types of accounts available on EXMO: standard and VIP, each of which has its own characteristics and advantages. The platform supports depositing and withdrawing funds via bank cards, e-wallets and cryptocurrency wallets, which provides convenience for users with different preferences. The minimum deposit to start trading is 0.002 BTC. For margin trading, a leverage of 1:3 is offered, which allows traders to borrow funds to increase their trading positions and potential profits.

There are no PAMM accounts, margin call and stop out on the platform, which may be important for some traders. The minimum order size starts at 0, and the fees are market-based. The platform also does not provide a liquidity provider, however, it supports mobile trading, which allows users to trade anytime and anywhere. 

EXMO also offers an affiliate program that allows users to earn money by attracting new customers. The execution of orders is not specified in the provided characteristics. Among the trading features, it is worth noting that the platform offers 8 major currencies, and the pool of cryptocurrencies and tokenized assets is constantly updated. The built-in cashback service provides additional opportunities to save on trading commissions. Contests and bonus events are held regularly, which makes trading on the platform even more attractive to users.

EXMO is a universal tool for trading cryptocurrencies, providing a variety of functions and options for traders of different levels – from beginners to experienced professionals.

EXMO's trading instrument counterparts are cryptocurrency exchanges that offer similar functions and opportunities for trading digital assets. Here are some popular platforms that can serve as analogues: Easy Crypto, BingX, WhiteBit, Binance, Kraken.

Commissions and fees

On the EXMO cryptocurrency platform, the commission fee system is structured in such a way that the amount of commissions depends on the level of trading activity of users. This model, which EXMO uses, is standard for many large cryptocurrency exchanges, as it allows for more efficient management of trading costs, taking into account the volume of transactions.

EXMO offers its users 11 different trading levels, which vary depending on the volume of trading operations over the past 30 days. The higher the user's trading volume, the lower his commission costs. For novice traders whose monthly trading volumes do not exceed 5,000 USD, the commission is 0.3% of the amount of each transaction. This means that for each transaction carried out on the exchange, the trader pays 0.3% of its total value in the form of a commission. This rate applies both to makers who add liquidity to the exchange and to takers who take away liquidity.

More favorable conditions are available for more experienced and active traders who demonstrate a high level of trading activity. At the highest trading level, with the volume of trading operations from $20,000,000 in 30 days, the commission of the maker and taker is reduced to -0.05%. This means that users who add liquidity to the exchange (makers) can receive rewards for their actions, and those who take away liquidity (takers) pay a significantly lower commission. Such a system of remuneration and reduction of commissions stimulates the activity of traders and helps to increase liquidity on the platform.

In addition to trading fees, EXMO also charges withdrawal fees. These fees depend on the type of asset, but do not depend on the output volume or the output channel. For example, when withdrawing Bitcoin to EXMO, a commission of 0.0005 BTC is charged. For an OMG asset, the deposit fee is 0.1 OMG, whereas for all other assets, including fiat currencies, a withdrawal fee is charged only. This may affect the choice of assets to trade and withdraw funds, as fees may vary depending on the type of cryptocurrency.

For a more complete picture of how EXMO compares to other major crypto exchanges, it is useful to consider the fees on other platforms. For example, Bitfinex offers commissions of 0.1% at a low trading level, which is more profitable compared to EXMO for some users. At the same time, Bybit has high commissions, reaching $20 per transaction at a high trading level. These differences in fees underline that EXMO offers a fairly competitive environment for its users, especially for those who seek to reduce trading costs.

Thus, the EXMO commission fee system provides flexible conditions for traders, depending on their level of activity. Users can significantly reduce their trading costs by achieving higher trading volumes and receiving more favorable terms. This makes EXMO an attractive platform compared to other major cryptocurrency exchanges, giving traders the opportunity to optimize their trading strategies and expenses.

Safety

The website of the EXMO cryptocurrency exchange does not provide detailed information about the security measures it applies to protect its customers. However, two-factor authentication (2FA) is available, which allows you to increase the level of protection of personal data and financial resources of users. This feature adds an additional layer of security by requiring users to verify their identity using a second factor besides the usual password.

EXMO is also actively engaged in preventing the legalization of proceeds from crime, which is an important part of the fight against financial crimes. All transactions conducted on the platform are carefully monitored. If any financial transactions are suspicious, the exchange has the right to refuse to conduct them and transfer information about them to the relevant law enforcement agencies. Exchange clients undergoing registration and verification are required to provide permission to verify their transactions, which is part of the security and compliance process.

As for the regulation of EXMO's activities, information in this area is also limited. The company's website indicates that EXMO is registered in the UK, and there is also registration in Lithuania and the USA, where the exchange acts as an operator of exchange and deposit of virtual currency. The platform is managed by RBK Trading LTD, an organization registered in the jurisdiction of Saint Vincent and the Grenadines. However, information about the availability of an official license for conducting cryptocurrency transactions was not provided. The Wikipedia site does not contain data on the EXMO exchange, and the support service was unable to provide additional information on this issue.

Due to the lack of complete information on licensing and regulation, users should make their own decision on trust in the EXMO exchange. It is important to keep in mind that the use of cryptocurrency platforms always involves certain risks, and care must be taken when choosing an exchange for trading and storing funds.