A Brief Review of EXMO Crypto Exchange
EXMO is a UK based cryptocurrency exchange, launched in 2013 and is continuously growing its operations, adding new crypto-assets to the listing, and increasing its customer volume day by day. Currently, there are more than 1.8 million registered crypto traders on the EXMO crypto exchange, and its average monthly trading volume is more than $1.5 billion.
Officially the EXMO crypto exchange is registered in London, with many offices scattered around the globe, including: in London, Moscow, Kyiv, and Istanbul, and the company has employed approximately150 people.
Like Coinbase, Binance, Bittrex, and Huobi Global, EXMO also has a brilliant history of more than seven years of smooth functioning without any reported data leaks and crypto-assets hacking, affordable commissions rates, and a robust technical support team. The prior qualities make EXMO the best choice of crypto users.
The dynamic and talented EXMO team understand, analyze, and predict the trends of the crypto business, and is striving to make the crypto trading more convenient and user friendly. The EXMO provides a simple and attractive interface to welcome crypto enthusiasts to initiate their crypto trading journey more easily.
The EXMO platform is committed to boosting the cryptocurrencies as a most promising futuristic asset, and provide a better trading experience at their crypto trading platform.
Fundamental Trading Pairs
The EXMO platform has launched its mobile application so that users can easily follow their trades in real-time.
Besides many other attractive features, the Articles section of the platform is very attractive and rich in terms of knowledge and industry-oriented updated information.
Cryptocurrency Buy options at EXMO
MasterCard and Visa Card On Exmo
On August 27th, 2020, the company announced and enabled a new fastest method to deposit and buy crypto via Visa and Mastercard on EXMO. Only those users who have verified KYC and bank card verification can utilize this facility.
Buy Crypto through Master and Visa Cards via Mercuryo on Exmo
This feature enables users to directly buy cryptocurrency via the Mercuryo platform. The procedure of buying crypto via Desktop and Android App is shown here.
Buying Cryptocurrency on Exmo via Simplex Methods
On October 9th, 2020, the Exmo cryptocurrency platform recently enabled this feature. Users can instantly acquire digital currencies using Master and Visa cards through Simplex, an EU based Fintech company, known for its fraud-proof transactions.
FAQs about EXMO
Some of the frequently asked questions about EXMO are,
Where is Exmo’s operating center-based?
The Exmo’s is registered in London and with various offices in Moscow, Kyiv, and Istanbul.
How do I fund my account at Exmo?
Exmo provides many ways of depositing money into the user’s trading account. All the methods all come with fees. Choose the one which suits you best.
Is Exmo a regulated exchange?
Exmo is registered in London under the name “EXMO Exchange LTD” but not a regulated cryptocurrency exchange.
What is the processing time for withdrawals at Exmo?
Withdrawals processing time depends on the type of payment method chosen by the users. In some cases, it can take days to finalize a transaction, while in some cases it may be completed in hours.
Is EXMO Safe to Use?
The smooth operational history of the EXMO exchange suggests that its safe to use. However, users should gather more detailed information from various independent sources. EXMO claims that it has done its best possible to guarantee complete security when using the EXMO platform. However, users should remember that EXMO cannot ensure the safety of funds/crypto-assets and users’ data kept on a user’s computer. Users are therefore suggested to consider the following safety measures:
(I) Use official wallet to keep cryptocurrency;
(II) Encode personal crypto wallet and user account;
(III) Make use of good anti-virus software;
(IV) Ensure that nobody has the approach to a device on which funds or passwords are stored;
Is EXMO a scam?
Exmo platform cannot be declared as a scam due to its operational history. However, traders can further confirm its existence and its true nature of operations from London based concerned authority. The company has provided its registered company number as 11655602 and can be easily confirmed from the “Registrar of the Companies for England and Whales.”
Does EXMO have a demo mode?
Currently, EXMO does not have a demo mode.