EXMO

EXMO is a cryptocurrency exchange, which has been successfully operating on the market since 2013. It is considered one of the most popular platforms with wide opportunities for trading and exchanging digital coins. Although there is a limited number of cryptocurrencies available, users have many more options: profitable trading, currency exchange for real money, free cryptocurrency wallets, and a user-friendly website with support for multiple language versions. These significant advantages help the company stand out among other crypto exchanges.

Of course, you’d like to know whether EXMO is another scam or if it’s a reliable crypto exchange, fulfilling its obligations and guaranteeing stable and safe trade, decent earnings, and trouble-free withdrawal of funds. We’ll try to answer this question below.

Today, EXMO unites more than 500,000 users, an impressive number of traders working with cryptocurrencies. Unlike other leading crypto exchanges, EXMO supports up to 10 languages, making the trading process very convenient. It’s a successful example of a company that provides its participants with all the necessary elements to trade virtual coins on favorable terms. Users can trade, and exchange cryptocurrencies for fiat currencies quickly, withdraw funds without any problems, and transfer funds to wallets. With such a wide range of features, it’s unlikely that users would overlook EXMO.

Even within the platform, you can immediately exchange such cryptocurrencies as Ethereum, Bitcoin, Dogecoin, Litecoin, Dash, etc. for conventional currencies, such as USD or EUR. Here, currency exchange is completely anonymous, although one needs to undergo a quick registration. There are 2 ways of exchanging currencies:

• By market: Instant transactions at the best exchange rate.
• On the limit: The trader makes an application for an exchange at a suitable price for him or her.

When registering, the exchange provides several crypto wallets at once, which will be required for storing, exchanging, and trading in digital coins. Traders stick with the EXMO exchange because it’s more convenient to trade in cryptocurrencies (learn here how to earn on cryptocurrencies). Additionally, the company doesn’t participate in user operations, acting only as an intermediary. It provides a convenient platform with low commissions for withdrawal and replenishment of funds. It ensures fast execution of orders, constant communication with the managers of technical support, and an attractive referral program. Users are provided with a comfortable and functional trading terminal that has a clear interface and such options as scaling information on time (from day to year), convenient candlestick charts, limit orders, sales, and purchase order books, currency dynamics graphs, and a history of transactions and deals.

The essential advantage of the exchange is that it pays serious attention to the safety of the exmo.me platform. This exchange has been operating in the market for a long time and has gained a reputation for its high level of reliability, which has been greatly appreciated by its users. As demonstrated in user reviews, the platform’s design is well-received. The website’s layout is quite user-friendly, with all the main features of the platform available from the homepage. Additionally, there is an online chat feature for communication between the support team and traders.

In the past, there were issues with accessing the company’s website. However, to its credit, the stock exchange addressed this situation. Even when the website EXMO.com became unavailable on the internet, traders continued to use the mirror website, which was not inferior to similar websites with .com domains. Today, the resource has a promising future. The website works quite steadily, expands its functionality, and dynamically develops, thereby increasing the number of users and improving its ratings in the market.

Replenishment and Withdrawal of Funds

Unlike other similar websites, EXMO is a stock exchange that offers a wide range of options for withdrawing and depositing funds. We’re sure you’d like to learn more about how easy and quick it is to complete these transactions here. On the official EXMO website (exmo.me), these operations are available in the “Wallet” section. All you need to do is click on the relevant buttons next to the specific currency, and you will see all available methods of conducting transactions as well as information on transaction limits and fees.

Ways of withdrawal and replenishment of funds with EXMO:

• Dollars (USD): bank transfers (Visa, MasterCard), CryptoCapital, Money Polo, Perfect Money, Epay, AdvCash, OKPAY, Neteller, Payza, etc.
• Euro (EUR): bank transfers (Visa, MasterCard), CryptoCapital, Money Polo, Perfect Money, Epay, AdvCash, OKPAY, Neteller, SEPA, Payza, etc.
• Crypto currency: Ethereum, Dash, Dogecoin, Waves, Zcash, Monero, KickCoin, Litecoin, Bitcoin, etc.

Complaints About EXMO

EXMO is popular among traders, so the Internet contains a lot of different opinions about it. If you want to know whether it’s another scam or not, just keep reading this review. On the positive side, users often talk about the reliability of the platform, the convenience of trading in the terminal, the support for fiat money, comfortable commissions, a convenient interface and chat, different withdrawal options, and frequent contests. Certainly, many traders recommend the exchange for conducting transactions.

You can also find enough negative feedback about the website. As usual, complaints have to do with delays in the replenishment and withdrawal of money, lack of communication with technical support managers, problems with access to accounts and the exchange, and a limited set of currency pairs.

Regulation of the Crypto Exchange Exmo

EXMO Finance LLP (Exmo) is registered in the UK and operates following the laws of this country. According to UK legislation and the Data Protection Act in force in this country, all personal data of traders is processed by the exchange employees for the following reasons:

• To inform users about the products of the company
• To troubleshoot the operation of the resource
• To conduct analysis and testing
• To ensure the safety of the resource, etc.

In addition, by the laws of Great Britain, the company can transfer users’ personal data to subsidiaries, subcontractors, etc. By providing their personal data on the resource, users automatically agree to the transfer, processing, and storage of their personal data. The exchange promises to adhere to all necessary safety rules. More information is provided in the «Privacy Policy» section of the EXMO website.

Using the website, the user automatically agrees that he understands all the risks associated with crypto trading and realizes that all operations with digital coins are irreversible. It is forbidden to use the website’s materials in fraudulent schemes. Users aren’t allowed to reproduce the website’s design, use it for money laundering, etc. If the user violates the rules of cooperation with the resource, the norms of morality, or UK legislation, he or she will be blocked and his private account will be deleted. More information about the risks and responsibilities of users is provided in the «User Agreement» section of the EXMO website.

EXMO Finance LLP (Exmo) adheres to the anti-money laundering policies and policies that inhibit the financing of terrorism (AML). The company has an employee who tracks suspicious transactions. In addition, all the data about the identity of each client is examined in detail and verified (according to the rules of the «Know Your Customer» system, KYC). The activity of clients is monitored for participation in suspicious activity, etc. More information on meeting AML standards is available on the AML page of the EXMO website.

Read the Privacy Policy on the EXMO website
Read the User Agreement on the EXMO website
Read the AML Policy on the EXMO website

Is EXMO a Scam?

The EXMO exchange is one of the most popular platforms for trading digital currencies around the world. While it may not have the largest number of available cryptocurrencies, high trading volumes, or the most active user base compared to other exchanges, it is still a valuable resource for traders. Founded in 2013, EXMO has a loyal customer base that has grown steadily over the years. Its unique features and services set it apart from other exchanges on the market, making it a popular choice among traders.

The secret of their success lies in the fact that the exchange provides functionality that users lack in standard resources for working with virtual currencies. This includes crypto trading, fast replenishment and withdrawal of funds, free wallets, high-quality market data, and a convenient personal account. Many other exchanges do not offer these features, and in many cases, they do not provide the option of different language versions for comfortable use. These advantages make EXMO more attractive to users and could help the company achieve leadership positions in the future.

Today, the exchange, like other similar platforms, should consider the safety of its users. The company is seriously working on this issue by introducing two-factor authentication and verification. In the past, the exchange’s accounts have been hacked, which is common in the world of cryptocurrency trading (the whole truth about cryptocurrencies can be found here). However, the company has dealt with these difficult situations and has proven that it is not just concerned with stealing users’ money and running away with it. The exchange deserves your trust as it is always in touch with its customers, fulfilling its obligations towards them. It pays out profits on time and works on improving the website and ensuring the proper functioning of various payment systems. The exchange ensures the complete security of crypto trading for its users.

Today, the internet offers a wide range of reviews from traders of the EXMO cryptocurrency exchange, which praise its features, such as its functionality, ease of trading and currency conversion, various methods of depositing and withdrawing funds, and support for fiat currencies. However, some users also point out some negative aspects, such as the time it takes to withdraw and deposit funds and issues with their accounts, as well as technical support that is not always reliable. Despite these concerns, many people choose to use the exchange and make a decent income from it. Many traders also recommend the platform to friends and others. The solid organization of the website is worth noting, as it is positively mentioned in user feedback. Navigating the website is easy, as all the main features are easily accessible from the homepage of the official EXMO site. If you are still unsure whether the platform is a scam or not, we can confidently say that it is not! This is because the company has been rapidly growing and improving its services, proving through its actions that it truly cares about its users.

Conclusion

EXMO has proven to be a leading trading platform for cryptocurrencies, providing a range of opportunities for seamless trading. The company has been on the market for over a year and has successfully developed and improved its service, which cannot be ignored by its customers, whose number is growing worldwide today.

Regardless of your language, you can take advantage of the great opportunities offered by EXMO. Visit their website, exmo.me, which is available in multiple languages. Take the opportunity to trade with fiat currency. Of course, there are some limitations to the exchange, but addressing these issues will undoubtedly help EXMO to become a market leader. We do not consider the website to be a scam. Instead, the feedback from traders on our platform will not only help users avoid problems when trading with EXMO but will also affect the ranking of EXMO on our website.