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EXMO Cryptoexchange 11 January 2023 at 08:36Rate your response 0-11
Earlier on EXMO.me there was posted an explanatory article for exchange users that USDX is not a koine, it is a fiat – USD with a modified ticker.
Thus, USDX is a full analogue of the dollar at EXMO.me.
Please note that the USDX exchange rate for deposit and withdrawal in USD 1:1
What What is the USDX?
It is an over-the-counter ticker for the U.S. dollar. Any dollar deposit of a platform user when deposited on EXMO.me is displayed as USDX. There is no exchange rate conversion. That is, for a deposit of 100 USD, you will receive 100 USDX on the balance (not including the commission for the deposit). Similarly, when withdrawing funds: if you withdraw 100 USDX, you will receive 100 USD in the payment system.
The same principle applies to withdrawals to margin platform, and when returning funds from it to the spot wallet. Thus, USDX is a full analogue of the dollar on EXMO.me.The situation with The course arose due to the fact that the USDX (formally looking like something new and just appeared) has caused some users to want to to speculate on the situation that has arisen, and in some part of the users – the desire to realize the specified currency. The combination of these factors caused panic sentiment and the exchange rate fell on the background of obvious speculation. We believe that the mentioned situation with speculation on USDX is a natural process and the rate will stabilize.
We emphasize – the rate at entry and 1:1, at withdrawal according to the current rate, which excludes any dishonesty on the part of -
Vesta 13 January 2023 at 17:53Rate your response 1+10
It’s amazing how the ECHMO staff responds to these questions by explaining the USDX rate EXCLUSIVELY (that’s what they write in the explanations) by a burning desire to users to speculate on this magical asset. Completely ignoring the fact that the withdrawal of this asset as USD (at a rate of 1:1, as we relentlessly repeat) is simply impossible. Conclusions are simply closed.
Those who bring up the topic of inference in the community chat on Telegram are immediately banned, and their messages are rubbing off.
At the moment you can withdraw your own dollars only by converting them into Tether at a rate of 1, 74.
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More honest opinions from real people about the company EXMO
- David Svensson 5 months ago5Rate your review 0-11
Solid platform
Been using Exmo for a few months, and it’s super user-friendly. Withdrawal is quick, though sometimes the fees feel a bit high. Overall, very solid platform! - Jayden Rose 1 year ago1Rate your review 000
Run from them
I live in Germany for more than 25 years, I was blocked for writing to support in Russian and accessing my account from Russian ip-addresses! I do not recommend
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forced conversion into an illiquid asset
The exchange converted my fiat dollars into non-liquid crypto-asset USDX 1:1 in October 2022 without warning, under the sound pretext of a bailout my funds from possible sanctions. As a result, this asset fell by 40% to all other assets. And the stock market shrugs its hands and says it’s the market It’s not our fault. Of course it’s not our fault. Of course not, they just took away my dollars, gave me some kind of notes that can’t be found anywhere else. quoted. The exchange rate is not supported in any way. Why would they suddenly solve my problems for me, why not just let clients buy USDT themselves, which more stable or another asset? Such a noble concern for customers. Divorce!