Currencies: 186 (152 fiat & 34 crypto) Countries: 255 PSs & Banks: 333 Exchanges: 326 Offers:
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EXMO review & 15 testimonials for exmo.me (07.2020)

EXMO user interface: the home page in English

What is EXMO in a nutshell? It's a trusted, well established, promising exchange service (trading platform) supporting 24 cryptocurrencies: you can buy and sell coins using 6 fiat currencies (9 banks & payment systems are supported) or exchange one crypto into another here. Exchange service started the business May 2013, it serves the clients for a few years. Besides the cryptocurrencies exchange, EXMO also provides other services, for example, Cash codes, OTC trading.

This service works with a number of currencies, banks, and payment systems. Hence to estimate the fees level we calculated an average fee you'll spend for an exchange here. Based on this number (2.75%) we may say that EXMO charges moderate fees: 1.95% — 5.95% (according to our statistics, 92% exchanges offer lower average fee) and has great buying limits: $1 — $20,000 (although, in accordance with the statistics we've collected, 62% exchanges have higher order limits). This Trading Platform welcomes customers from 255 countries (including your country: United States!). It serves the US and allows registrations from all the 56 states and territories. According to the feedback from users, customer service is exceptional, 5 stars quality; the exchange is almost instant and takes less than 15 minutes! or so. Depending on the order details, you may need to verify your account (ID Verification, Address Confirmation, Selfie should be normally required) to exchange money on this Trading Platform.

Since 2013, EXMO has got a lot of nice testimonials from the customers: just our platform, that was recently launched, has 15 user reviews, 93% of those are positive. The majority of the users value the quality of the customer care, fast order processing, speed of account verification, usability of the user interface, most of all. Our platform assigns the EXMO 88/100 rating: it's the great result, higher than 99% of the competition! For example, WMexpress (90/100) has better rank among our community members.

Based on all these facts, our verdict is the following: EXMO is a safe place to buy and sell cryptocurrencies, a great exchange, the service community appreciates!

Overview: is EXMO safe?

EXMO is the Trading Platform; EXMO Finance LLP (dba EXMO) started the business in May 2013. The company is based in the United Kingdom with the headquarters located in the Polegate. Official EXMO address is 49 Station Road, Polegate, England.

EXMO was founded by Ivan Petukhovsky, Pavel Lerner. EXMO CEO is Sergey Zhdanov.

One of the biggest and most popular exchanges in Eastern Europe.

Answering the question how safe is EXMO:

EXMO is definitely safe! 88/100 rating is rather hard to get, 99% exchanges have lower rating! Let's break down how the EXMO exchange got such a rating.
Time in the business: 7 years 5 months
Feedback count: 15
Reviews: 14 positive, 0 negative, 1 neutral
Business model: no special licenses, etc.
Order Speed: fast (less than 5 mins)
Support Quality: perfect
Verification Speed: fast (5-15 minutes)
UI Usability: perfect

Overall rating for EXMO: 88 / 100

Pros & Cons of EXMO

Since EXMO is rated very highly by our visitors, it should have a lot of strong sides and just a few downsides. Let's check it out:

  • Trading Platform operates for a long time, service was started 2013.05.
  • 24 digital currencies and 6 fiat ones are supported: definitely a good choice! 9 payment systems and banks are supported, both international and national ones: Visa & Mastercard, Qiwi, Yandex Money, etc.
  • High purchase and withdrawal limits, convenient min/max amounts.
  • Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
  • Fast orders processing, according to customers feedback.
  • Trading platform business model is based on holding the clients funds at the online wallet; such approach has some risks.

Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at EXMO! Try EXMO today and let us know how you like it!

Services, EXMO Provides

The platform provides the following cryptocurrency exchange-related services:

  • Allows the customers to buy cryptocurrencies with fiat currencies
  • Provides the clients with ways to "cash out" the crypto to fiat currency
  • Helps you to exchange one crypto to another
  • Allows the clients to issue/redeem so called cash codes; the combination of characters that can be sent to other person and used by him/her to add fiat balance at the exchange. It's something similar to prepaid cards like Paysafecard, etc..
  • OTC (Over-The-Counter) Trading for those who like to buy/sell off the market

That's impressive number of features! According to our statistics, 85% of the competition provide less services, many just allow the buying and selling, so this trading platform is among the champions in this field!

Currencies & Payment Systems

EXMO provides the service of buying and selling and exchanging 24 digital currencies using fiat currencies and crypto. Besides the fiat-to-crypto conversion and vice versa, it also allows to exchange one cryptocurrency to another. The following cryptocurrencies are available to buy-sell-swap: Cardano (ADA), Bitcoin Cash (BCHABC), Bitcoin (BTC), Bitcoin Gold (BTG), BitTorrent (BTT), Dash (DASH), Dogecoin (DOGE), EOS (EOS), Ether Classic (ETC), Ether (ETH), Lisk (LSK), Litecoin (LTC), NEO (NEO), OmiseGO (OMG), TRON (TRX), USD Coin (USDC), Tether (USDT), Waves (WAVES), NEM (XEM), Stellar (XLM), Monero (XMR), Ripple (XRP), Zcash (ZEC), 0x (ZRX).

There are not much exchanges with so many cryptos supported! If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Cryptocurrencies under $1 to invest in 2020.

6 fiat currencies are supported to provide crypto purchase and selling: Euro (EUR), Polish Zloty (PLN), Russian Ruble (RUB), Turkish Lira (TRY), Ukrainian Hryvna (UAH), US Dollar (USD). The Trading Platform will let you buy and sell Bitcoins and 23 other cryptos using the following payment systems:

  • Visa & Mastercard. An international payment system (available worldwide) allowing credit/debit cards payments in various currencies. TRY, UAH, RUB, EUR, USD and PLN payments are available for both buying and selling cryptocurrencies at this exchange. Visa & Mastercard is a popular way to buy BTC and other cryptocurrencies available at 29 exchanges of various types. You are welcome to find the best rate for buying bitcoin with visa & mastercard at our home page!
  • Qiwi. An international payment system (it's available in 9 countries) allowing e-wallet payments in various currencies. Just the RUB payments are available for selling cryptocurrency to fiat solely; at the time you can't buy crypto using this payment method here.
  • Yandex Money. A local payment system (serving Russia) allowing e-wallet payments in Russian Ruble currency. Just the RUB payments are available for both buying and selling cryptocurrencies at this exchange.
  • SEPA Transfer. An international payment system (it's available in 46 countries) allowing international bank transfers payments in Euro currency. Just the EUR payments are available for purchasing cryptos at the exchange.
  • Payeer. An international payment system (available worldwide) allowing other payments in various currencies. RUB and USD payments are available for both buying and selling cryptocurrencies at this exchange.
  • Advanced Cash. An international payment system (available worldwide) allowing other payments in various currencies. EUR, RUB, USD and UAH payments are available for both buying and selling cryptocurrencies at this exchange.
  • SWIFT Transfer. An international payment system (available worldwide) allowing international bank transfers payments in various currencies. Just the EUR payments are available for purchasing cryptos at the exchange.
  • QR Kod. A local payment system (serving Turkey) allowing mobile payments payments in Turkish Lira currency. Just the TRY payments are available for purchasing cryptos at the exchange.
  • Self-Service Kiosk. An international payment system (you may use from Ukraine) allowing cash payments payments in various currencies. Just the UAH payments are available for purchasing cryptos at the exchange.

EXMO fees

The fees you need to pay at this trading platform during the process of buying and selling cryptocurrencies are easier to understand if you break it down like that (note that you can skip the details, jumping to the conclusion):

  1. Deposit/withdrawal fee. Depending on the fiat payment system and currency, it's as follows:
    • Commission for the money withdrawal to Advanced Cash in US Dollar: 3.45%
    • Commission for the money withdrawal to Advanced Cash in Ukrainian Hryvna: 2.95%
    • 0% to deposit funds by Advanced Cash in Russian Ruble.
    • Commission for the money withdrawal to Advanced Cash in Russian Ruble: 2.45%
    • Commission for the money withdrawal to Advanced Cash in Euro: 1.95%
    • 0% to deposit funds by Advanced Cash in US Dollar.
    • 3.95% to deposit funds by Payeer in Russian Ruble.
    • 3.95% to deposit funds by Payeer in US Dollar.
    • Commission for the money withdrawal to Payeer in Russian Ruble: 3.95%
    • Commission for the money withdrawal to Qiwi in Russian Ruble: 2.95%
    • 5.95% to deposit funds by QR Kod in Turkish Lira.
    • 2.6% to deposit funds by Self-Service Kiosk in Ukrainian Hryvna.
    • €6.95 flat fee to deposit funds by SEPA Transfer in Euro.
    • €6.95 flat fee to deposit funds by SWIFT Transfer in Euro.
    • Commission for the money withdrawal to Visa & Mastercard in Russian Ruble: 4.99% + ₽60.0
    • 4.5% to deposit funds by Visa & Mastercard in US Dollar.
    • 4.5% to deposit funds by Visa & Mastercard in Euro.
    • 4.5% to deposit funds by Visa & Mastercard in Polish Zloty.
    • 2.6% to deposit funds by Visa & Mastercard in Ukrainian Hryvna.
    • Commission for the money withdrawal to Visa & Mastercard in Ukrainian Hryvna: 3.75% + ₴10.0
    • 2.99% to deposit funds by Visa & Mastercard in Russian Ruble.
    • 4.5% + ₺2.0 to deposit funds by Visa & Mastercard in Turkish Lira.
    • 1.95% to deposit funds by Yandex Money in Russian Ruble.
    • Commission for the money withdrawal to Yandex Money in Russian Ruble: 2.95%
  2. Trading fee. This trading platform charges the following when you make the funds transfer:
    • 0.2% of the exchange amount, whatever fiat or crypto currency you exchange.
  3. Cryptocurrency withdrawal fee. Please note that this fee applies only when you transfer the crypto 'out': to your own wallet, to someone else, etc.!
    • 0.000500 BTC when you purchase Bitcoins
    • the usual transaction fee in the according crypto, when you are buying: ADA, BCHABC, BTG, BTT, DASH, DOGE, EOS, ETC, ETH, LSK, LTC, NEO, OMG, TRX, USDC, USDT, WAVES, XEM, XLM, XMR, XRP, ZEC, ZRX.

Are EXMO fees high or low?

Now it's time to draw a conclusion: considering the average fee the exchange changes for an operation we can state that EXMO charges moderate fees. According to our statistics, most of the exchanges charges about the same fees EXMO does. For example, an average fee you pay to buy Bitcoin with Visa & Mastercard in USD across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 16%, EXMO charges 4.5% for this. A nice opportunity and as you can see, the fee is low enough! Hence we know that EXMO fees for certain exchange directions are rather moderate.

Buying and selling limits

This Trading Platform has the following limits, applicable when you buy or sell cryptocurrencies (there are no limits on crypto-to-crypto swaps):

  1. Purchase limits (when you buy crypto).
    • ₽5 minimal buy and ₽50,000 max purchase when using Advanced Cash in Russian Ruble.
    • $10 minimal buy and $10,000 max purchase when using Advanced Cash in US Dollar.
    • ₽25 minimal buy and ₽50,000 max purchase when using Payeer in Russian Ruble.
    • $1 minimal buy and $10,000 max purchase when using Payeer in US Dollar.
    • USD 1 minimal buy and USD 1,000 max purchase when using QR Kod in Turkish Lira.
    • ₴100 minimal buy and ₴15,000 max purchase when using Self-Service Kiosk in Ukrainian Hryvna.
    • €1 minimal buy and €50,000 max purchase when using SEPA Transfer in Euro.
    • €1 minimal buy and €50,000 max purchase when using SWIFT Transfer in Euro.
    • $200 minimal buy and $20,000 max purchase when using Visa & Mastercard in US Dollar.
    • €200 minimal buy and €20,000 max purchase when using Visa & Mastercard in Euro.
    • USD 200 minimal buy and USD 20,000 max purchase when using Visa & Mastercard in Polish Zloty.
    • ₴250 minimal buy and ₴14,000 max purchase when using Visa & Mastercard in Ukrainian Hryvna.
    • ₽5,000 minimal buy and ₽30,000 max purchase when using Visa & Mastercard in Russian Ruble.
    • USD 200 minimal buy and USD 20,000 max purchase when using Visa & Mastercard in Turkish Lira.
    • ₽500 minimal buy and ₽15,000 max purchase when using Yandex Money in Russian Ruble.
  2. Withdrawal limits (when you out-exchange crypto to the fiat money).
    • $10 min and $10,000 maximal withdrawal when receiving money to Advanced Cash in US Dollar.
    • ₴10 min and ₴15,000 maximal withdrawal when receiving money to Advanced Cash in Ukrainian Hryvna.
    • ₽20 min and ₽200,000 maximal withdrawal when receiving money to Advanced Cash in Russian Ruble.
    • €5 min and €5,000 maximal withdrawal when receiving money to Advanced Cash in Euro.
    • ₽10 min and ₽50,000 maximal withdrawal when receiving money to Payeer in Russian Ruble.
    • ₽1,000 min and ₽15,000 maximal withdrawal when receiving money to Qiwi in Russian Ruble.
    • ₽10 min and ₽50,000 maximal withdrawal when receiving money to Visa & Mastercard in Russian Ruble.
    • ₴100 min and ₴10,000 maximal withdrawal when receiving money to Visa & Mastercard in Ukrainian Hryvna.
    • ₽500 min and ₽14,500 maximal withdrawal when receiving money to Yandex Money in Russian Ruble.

And the good news: there are no limits on other payment systems (the limitations the payment system has aside) EXMO supports! Comparing to other exchanges, EXMO has a very convenient buying/selling limits setup; the minimal amount is tiny and the max is high. Whatever amount you have in mind, you can exchange it at this Trading Platform!

Supported countries

Platform allows the users from 255 countries to use the exchange. The following countries are supported by the trading platform:

  • Afghanistan (AF)
  • Aland Islands (AX)
  • Albania (AL)
  • Algeria (DZ)
  • American Samoa (AS)
  • Andorra (AD)
  • Angola (AO)
  • Anguilla (AI)
  • Antarctica (AQ)
  • Antigua & Barbuda (AG)
  • Argentina (AR)
  • Armenia (AM)
  • Aruba (AW)
  • Ascension Island (AC)
  • Australia (AU)
  • Austria (AT)
  • Azerbaijan (AZ)
  • Bahamas (BS)
  • Bahrain (BH)
  • Bangladesh (BD)
  • Barbados (BB)
  • Belarus (BY)
  • Belgium (BE)
  • Belize (BZ)
  • Benin (BJ)
  • Bermuda (BM)
  • Bhutan (BT)
  • Bolivia (BO)
  • Bosnia & Herzegovina (BA)
  • Botswana (BW)
  • Bouvet Island (BV)
  • Brazil (BR)
  • British Indian Ocean Territory (IO)
  • British Virgin Islands (VG)
  • Brunei (BN)
  • Bulgaria (BG)
  • Burkina Faso (BF)
  • Burundi (BI)
  • Cambodia (KH)
  • Cameroon (CM)
  • Canada (CA)
  • Canary Islands (IC)
  • Cape Verde (CV)
  • Caribbean Netherlands (BQ)
  • Cayman Islands (KY)
  • Central African Republic (CF)
  • Ceuta & Melilla (EA)
  • Chad (TD)
  • Chile (CL)
  • China (CN)
  • Christmas Island (CX)
  • Cocos (Keeling) Islands (CC)
  • Colombia (CO)
  • Comoros (KM)
  • Congo - Brazzaville (CG)
  • Congo - Kinshasa (CD)
  • Cook Islands (CK)
  • Costa Rica (CR)
  • Côte d’Ivoire (CI)
  • Croatia (HR)
  • Cuba (CU)
  • Curaçao (CW)
  • Cyprus (CY)
  • Czech Republic (CZ)
  • Denmark (DK)
  • Diego Garcia (DG)
  • Djibouti (DJ)
  • Dominica (DM)
  • Dominican Republic (DO)
  • Ecuador (EC)
  • Egypt (EG)
  • El Salvador (SV)
  • Equatorial Guinea (GQ)
  • Eritrea (ER)
  • Estonia (EE)
  • Ethiopia (ET)
  • Falkland Islands (FK)
  • Faroe Islands (FO)
  • Fiji (FJ)
  • Finland (FI)
  • France (FR)
  • French Guiana (GF)
  • French Polynesia (PF)
  • French Southern Territories (TF)
  • Gabon (GA)
  • Gambia (GM)
  • Georgia (GE)
  • Germany (DE)
  • Ghana (GH)
  • Gibraltar (GI)
  • Greece (GR)
  • Greenland (GL)
  • Grenada (GD)
  • Guadeloupe (GP)
  • Guam (GU)
  • Guatemala (GT)
  • Guernsey (GG)
  • Guinea (GN)
  • Guinea-Bissau (GW)
  • Guyana (GY)
  • Haiti (HT)
  • Heard Island and McDonald Islands (HM)
  • Honduras (HN)
  • Hong Kong SAR China (HK)
  • Hungary (HU)
  • Iceland (IS)
  • India (IN)
  • Indonesia (ID)
  • Iran (IR)
  • Iraq (IQ)
  • Ireland (IE)
  • Isle of Man (IM)
  • Israel (IL)
  • Italy (IT)
  • Jamaica (JM)
  • Japan (JP)
  • Jersey (JE)
  • Jordan (JO)
  • Kazakhstan (KZ)
  • Kenya (KE)
  • Kiribati (KI)
  • Kosovo (XK)
  • Kuwait (KW)
  • Kyrgyzstan (KG)
  • Laos (LA)
  • Latvia (LV)
  • Lebanon (LB)
  • Lesotho (LS)
  • Liberia (LR)
  • Libya (LY)
  • Liechtenstein (LI)
  • Lithuania (LT)
  • Luxembourg (LU)
  • Macau SAR China (MO)
  • Macedonia (MK)
  • Madagascar (MG)
  • Malawi (MW)
  • Malaysia (MY)
  • Maldives (MV)
  • Mali (ML)
  • Malta (MT)
  • Marshall Islands (MH)
  • Martinique (MQ)
  • Mauritania (MR)
  • Mauritius (MU)
  • Mayotte (YT)
  • Mexico (MX)
  • Micronesia (FM)
  • Moldova (MD)
  • Monaco (MC)
  • Mongolia (MN)
  • Montenegro (ME)
  • Montserrat (MS)
  • Morocco (MA)
  • Mozambique (MZ)
  • Myanmar (Burma) (MM)
  • Namibia (NA)
  • Nauru (NR)
  • Nepal (NP)
  • Netherlands (NL)
  • New Caledonia (NC)
  • New Zealand (NZ)
  • Nicaragua (NI)
  • Niger (NE)
  • Nigeria (NG)
  • Niue (NU)
  • Norfolk Island (NF)
  • Northern Mariana Islands (MP)
  • North Korea (KP)
  • Norway (NO)
  • Oman (OM)
  • Pakistan (PK)
  • Palau (PW)
  • Palestinian Territories (PS)
  • Panama (PA)
  • Papua New Guinea (PG)
  • Paraguay (PY)
  • Peru (PE)
  • Philippines (PH)
  • Pitcairn Islands (PN)
  • Poland (PL)
  • Portugal (PT)
  • Puerto Rico (PR)
  • Qatar (QA)
  • Réunion (RE)
  • Romania (RO)
  • Russia (RU)
  • Rwanda (RW)
  • Samoa (WS)
  • San Marino (SM)
  • São Tomé & Príncipe (ST)
  • Saudi Arabia (SA)
  • Senegal (SN)
  • Serbia (RS)
  • Seychelles (SC)
  • Sierra Leone (SL)
  • Singapore (SG)
  • Sint Maarten (SX)
  • Slovakia (SK)
  • Slovenia (SI)
  • Solomon Islands (SB)
  • Somalia (SO)
  • South Africa (ZA)
  • South Georgia & South Sandwich Islands (GS)
  • South Korea (KR)
  • South Sudan (SS)
  • Spain (ES)
  • Sri Lanka (LK)
  • St. Barthélemy (BL)
  • St. Helena (SH)
  • St. Kitts & Nevis (KN)
  • St. Lucia (LC)
  • St. Martin (MF)
  • St. Pierre & Miquelon (PM)
  • St. Vincent & Grenadines (VC)
  • Sudan (SD)
  • Suriname (SR)
  • Svalbard & Jan Mayen (SJ)
  • Swaziland (SZ)
  • Sweden (SE)
  • Switzerland (CH)
  • Syria (SY)
  • Taiwan (TW)
  • Tajikistan (TJ)
  • Tanzania (TZ)
  • Thailand (TH)
  • Timor-Leste (TL)
  • Togo (TG)
  • Tokelau (TK)
  • Tonga (TO)
  • Trinidad & Tobago (TT)
  • Tristan da Cunha (TA)
  • Tunisia (TN)
  • Turkey (TR)
  • Turkmenistan (TM)
  • Turks & Caicos Islands (TC)
  • Tuvalu (TV)
  • Uganda (UG)
  • Ukraine (UA)
  • United Arab Emirates (AE)
  • United Kingdom (GB)
  • United States (US)
  • Uruguay (UY)
  • U.S. Outlying Islands (UM)
  • U.S. Virgin Islands (VI)
  • Uzbekistan (UZ)
  • Vanuatu (VU)
  • Vatican City (VA)
  • Venezuela (VE)
  • Vietnam (VN)
  • Wallis & Futuna (WF)
  • Western Sahara (EH)
  • Yemen (YE)
  • Zambia (ZM)
  • Zimbabwe (ZW)

Does EXMO allow the users from United States (US)?

USA flag

Yes, EXMO allows the registrations from the United States! Trading Platform permits the users from 56 states and territories to register at and use the services exchange provides:

  • Alabama (AL)
  • Alaska (AK)
  • American Samoa (AS)
  • Arizona (AZ)
  • Arkansas (AR)
  • California (CA)
  • Colorado (CO)
  • Connecticut (CT)
  • Delaware (DE)
  • District of Columbia (DC)
  • Florida (FL)
  • Georgia (GA)
  • Guam (GU)
  • Hawaii (HI)
  • Idaho (ID)
  • Illinois (IL)
  • Indiana (IN)
  • Iowa (IA)
  • Kansas (KS)
  • Kentucky (KY)
  • Louisiana (LA)
  • Maine (ME)
  • Maryland (MD)
  • Massachusetts (MA)
  • Michigan (MI)
  • Minnesota (MN)
  • Mississippi (MS)
  • Missouri (MO)
  • Montana (MT)
  • Nebraska (NE)
  • Nevada (NV)
  • New Hampshire (NH)
  • New Jersey (NJ)
  • New Mexico (NM)
  • New York (NY)
  • North Carolina (NC)
  • North Dakota (ND)
  • Northern Mariana Islands (MP)
  • Ohio (OH)
  • Oklahoma (OK)
  • Oregon (OR)
  • Pennsylvania (PA)
  • Puerto Rico (PR)
  • Rhode Island (RI)
  • South Carolina (SC)
  • South Dakota (SD)
  • Tennessee (TN)
  • Texas (TX)
  • U.S. Virgin Islands (VI)
  • Utah (UT)
  • Vermont (VT)
  • Virginia (VA)
  • Washington (WA)
  • West Virginia (WV)
  • Wisconsin (WI)
  • Wyoming (WY)

It's possible to use the USD currency to buy/sell 24 cryptocurrencies at the EXMO: 4 banks and payment systems totally (out of the 9 the trading platform supports, that's 44% of all the available ones) can be used by people from the U.S.A.:

  • Advanced Cash
  • Payeer
  • SWIFT Transfer (note: buying only!)
  • Visa & Mastercard

Customer service

According to the community and the exchange users' testimonials, EXMO provides an excellent, exceptional quality customers support! The analysis of reviews is the following:

Perfect: 2 votes
Good: 0 votes
Average: 0 votes
Not so good: 0 votes
Poor: 0 votes

Verification at EXMO

The trading platform may require the customers to pass through the user identification (account verification) process. The following procedures should be completed if you desire to buy or sell the cryptos using fiat money here:

  • ID verification
  • Address confirmation
  • Selfie

Note that the verification is only required for the exchanges with fiat currencies (i.e. buying and selling digital currencies)!

According to the data submitted by the customers with the reviews and testimonials, the average time the account verification takes is about 5-15 mins! The feedback is the following:

Verification is instant: 1 votes
Process takes less than 5 minutes: 0 votes
Verification is ready in 5-15 mins: 0 votes
It takes up to an hour to pass through the identification: 0 votes
KYC is usually completed in few hours: 0 votes
It takes up to 24 hours to verify your account: 1 votes
Verification process takes few days: 0 votes
User identification takes over a week: 0 votes

An excellent result! Verification just takes a little bit of your time and the best thing is that you do it only once.

Deposit/withdrawal speed

Although the exchange process is fully automated on any e-wallet or trading platform, you may face some delay when you send the money "outside", i.e. say you are withdrawing the BTC you purchased to your personal wallet. Let's see what other cryptocurrency enthusiasts say about how fast is EXMO!

Exchange is instant, zero delay: 1 votes
It's near instant, process takes less than 5 minutes: 0 votes
Order should be ready in 5-15 mins: 1 votes
It may take up to an hour to get your funds: 0 votes
Orders are completed during few hours: 0 votes
It takes up to 24 hours to get your money: 0 votes
Exchange may take a few days: 0 votes
The delay can be over a week: 0 votes

Is EXMO instant?

So, what can we see? According to the feedback we got from other users of this trading platform worldwide, EXMO is almost instant, processing orders very fast: it delivers the funds in 15 minutes max! That's great to know!

Customers' testimonials

Our users left 15 testimonials about their experience dealing with EXMO, 93% of the testimonials are positive, 7% are neutral and there are 0 negative ones. Feel free to read as many of these as you like!

CardiB., 5 testimonials
@ 02 Feb 2020
FStarrR., 1 testimonials
@ 05 Oct 2019
TaylorG., 2 testimonials
@ 02 Oct 2019
LarryP., 2 testimonials
@ 27 Sep 2019
AlekA., 1 testimonials
@ 22 Sep 2019
SatoshiN., 71 testimonials
@ 11 Sep 2019
No more testimonials to show. The rest are either outdated or written in other languages. If you have any experience dealing with EXMO, can you please leave your testimonial? Thanks!

Although the user reviews of EXMO are not the best-of-the-best, 93% positive ones is definitely a good result! Most likely, your experience doing business with this trading platform will be worthwhile, and who knows, maybe it will turn out that for you this exchange is #1!

FAQ about EXMO

Does EXMO holds my funds?

Yes, it does. Although you can always withdraw the funds to your e-currency wallet "by default" EXMO holds your balance at it's own hot storage wallet. This is the standard practice for all the trading platforms, although we recommend to keep only the funds you need for the trading at the exchange.

Is EXMO a good trading platform?

According to our rating and the clients' testimonials, it is! Feel free to get acquainted with the details reading this review or just jump to the conclusion!

Is EXMO licensed? Does it hold e-money license?

It is not, although seems that such business model complies with the regulation in EXMO home country.

Does EXMO issue redeemable cash codes?

It does. All the users of trading platform may issue/redeem such codes and send/receive such ones from/to others. It works like the prepaid gift cards, e-vouchers, etc.

Does EXMO have a OTC (over-the-counter) trading desk?

Yes, there is such an opportunity at {exchange.name}, you can trade "off the market" using the OTC trading desk. It may be very handy for large operations.

Is EXMO a ripoff?

It definitely isn't! Feel free to read the whole this review to understand why or check our conclusion: is EXMO legit or scam.

EXMO vs other exchanges

Let's compare EXMO to other similar exchange services with similar features: others of trading platform type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!

EXMO vs BitQuick

Let's compare the key features of these two platforms to see which one suits you best:

  • BitQuick is a p2p marketplace EXMO is a trading platform, it has a different business model (feel free to read about the differences between p2p marketplace and trading platform)
  • BitQuick had started the business October 2013 EXMO started the business May 2013 (EXMO operates 5 months longer).
  • BitQuick has all the required business licenses and permissions EXMO is an ordinary company without licenses, etc. (BitQuick's business model is more stable and safer for clients).
  • Besides the digital currencies exchange, BitQuick provides no extra services EXMO provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens, and besides that: Cash codes and the OTC trading.
  • BitQuick doesn't have any fiat currencies supported You'll be able to use 6 fiat currencies to swap with digital ones at EXMO (EXMO supports 6 fiat currencies more).
  • BitQuick doesn't allow any fiat payments EXMO allows the user to utilize 9 various fiat payment systems and/or banks (EXMO supports 9 fiat payment systems and banks more).
  • BitQuick charges 2.0% fee EXMO charges the client 1.95% — 5.95% fee, depending on the currency, payment system, etc. (EXMO has higher fees, generally).
  • BitQuick allows registrations from 1 countries; United States is among the supported ones You may register at EXMO if you reside in one of 255 countries; it serves United States among others (EXMO supports more countries worldwide).
  • During the account verification BitQuick usually asks for 1 document / procedure: (phone confirmation) User identification at EXMO usually consists of 3 different procedures: id verification, address confirmation, selfie and the process usually takes about 5-15 mins (EXMO 's compliance program requires the client to take more actions or to provide more data).
  • Due to results of community feedback, BitQuick process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay Due to results of community feedback, EXMO process deposit/withdrawal orders in about in couple of minutes (although the exchange itself is instant) (EXMO processes deposits and withdrawals slower).
  • Our users left 4 testimonials about BitQuick, 100% of which are positive We've collected 15 users testimonials about EXMO, 93% are positive (EXMO was rated lower by the community).

Although the final decision, which exchange — BitQuick or EXMO — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although EXMO has a lower total rating 88 vs BitQuick with 100, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

EXMO vs Binance

Let's compare the key features of these two platforms to see which one suits you best:

  • Binance is a trading platform EXMO is a trading platform, both are using the same business model.
  • Binance had started the business April 2017 EXMO started the business May 2013 (EXMO operates 3 years and 11 months longer).
  • Binance has all the required business licenses and permissions EXMO is an ordinary company without licenses, etc. (Binance's business model is more stable and safer for clients).
  • Besides the crypto to crypto exchange, Binance provides the following extra services: Mobile wallet, Lending and the Margin Trading EXMO provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens, and besides that: Cash codes and the OTC trading.
  • Binance supports 31 cryptocurrencies EXMO allows to exchange 24 cryptos (EXMO supports 7 cryptocurrencies less).
  • Binance doesn't have any fiat currencies supported You'll be able to use 6 fiat currencies to swap with digital ones at EXMO (EXMO supports 6 fiat currencies more).
  • Binance doesn't allow any fiat payments EXMO allows the user to utilize 9 various fiat payment systems and/or banks (EXMO supports 9 fiat payment systems and banks more).
  • Binance charges 0.0% fee EXMO charges the client 1.95% — 5.95% fee, depending on the currency, payment system, etc. (EXMO has higher fees, generally).
  • Binance allows registrations from 255 countries; United States is among the supported ones You may register at EXMO if you reside in one of 255 countries; it serves United States among others (EXMO & Binance support the same number of countries and territories).
  • During the account verification Binance usually asks for 1 document / procedure: (selfie) User identification at EXMO usually consists of 3 different procedures: id verification, address confirmation, selfie and the process usually takes about 5-15 mins (EXMO 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 17 testimonials about Binance, 94% of which are positive We've collected 15 users testimonials about EXMO, 93% are positive (EXMO was rated lower by the community).

Although the final decision, which exchange — Binance or EXMO — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although EXMO has a lower total rating 88 vs Binance with 94, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

EXMO vs Changelly

Let's compare the key features of these two platforms to see which one suits you best:

  • Changelly is a broker EXMO is a trading platform, it has a different business model (feel free to read about the differences between broker and trading platform)
  • Changelly had started the business December 2013 EXMO started the business May 2013 (EXMO operates 7 months longer).
  • Changelly has all the required business licenses and permissions EXMO is an ordinary company without licenses, etc. (Changelly's business model is more stable and safer for clients).
  • Besides the digital currencies exchange, Changelly provides no extra services EXMO provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens, and besides that: Cash codes and the OTC trading.
  • Changelly doesn't have any fiat currencies supported You'll be able to use 6 fiat currencies to swap with digital ones at EXMO (EXMO supports 6 fiat currencies more).
  • Changelly doesn't allow any fiat payments EXMO allows the user to utilize 9 various fiat payment systems and/or banks (EXMO supports 9 fiat payment systems and banks more).
  • Changelly allows registrations from 242 countries; we are sorry, but United States is not supported this time You may register at EXMO if you reside in one of 255 countries; it serves United States among others (EXMO supports more countries worldwide).
  • Our visitors rated customer care at the Changelly 5.0 / 5.0 Customers' service at EXMO exchange was rated 5.0 / 5.0 by our visitors (EXMO & Changelly provide the equal quality of customer support).
  • Changelly allows the user to be anonymous, there is no account verification, etc. User identification at EXMO usually consists of 3 different procedures: id verification, address confirmation, selfie and the process usually takes about 5-15 mins (EXMO 's compliance program requires the client to take more actions or to provide more data).
  • Due to results of community feedback, Changelly process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay Due to results of community feedback, EXMO process deposit/withdrawal orders in about in couple of minutes (although the exchange itself is instant) (EXMO processes deposits and withdrawals slower).
  • Our users left 17 testimonials about Changelly, 94% of which are positive We've collected 15 users testimonials about EXMO, 93% are positive (EXMO was rated lower by the community).

Although the final decision, which exchange — Changelly or EXMO — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although EXMO has a lower total rating 88 vs Changelly with 94, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

EXMO vs kassa

Let's compare the key features of these two platforms to see which one suits you best:

  • kassa is a broker EXMO is a trading platform, it has a different business model (feel free to read about the differences between broker and trading platform)
  • kassa had started the business December 2016 EXMO started the business May 2013 (EXMO operates 3 years and 6 months longer).
  • kassa operates without a business registration or there is no information available about it EXMO is an ordinary company without licenses, etc. (EXMO utilizes a safer and more stable business model).
  • Besides the digital currencies exchange, kassa provides no extra services EXMO provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens, and besides that: Cash codes and the OTC trading.
  • kassa doesn't have any fiat currencies supported You'll be able to use 6 fiat currencies to swap with digital ones at EXMO (EXMO supports 6 fiat currencies more).
  • kassa doesn't allow any fiat payments EXMO allows the user to utilize 9 various fiat payment systems and/or banks (EXMO supports 9 fiat payment systems and banks more).
  • kassa allows registrations from 255 countries; United States is among the supported ones You may register at EXMO if you reside in one of 255 countries; it serves United States among others (EXMO & kassa support the same number of countries and territories).
  • kassa allows the user to be anonymous, there is no account verification, etc. User identification at EXMO usually consists of 3 different procedures: id verification, address confirmation, selfie and the process usually takes about 5-15 mins (EXMO 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 2 testimonials about kassa, 100% of which are positive We've collected 15 users testimonials about EXMO, 93% are positive (EXMO was rated lower by the community).

Although the final decision, which exchange — kassa or EXMO — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since both exchanges are equally rated, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

EXMO vs WMexpress

Let's compare the key features of these two platforms to see which one suits you best:

  • WMexpress is a broker EXMO is a trading platform, it has a different business model (feel free to read about the differences between broker and trading platform)
  • WMexpress had started the business August 2015 EXMO started the business May 2013 (EXMO operates 2 years and 3 months longer).
  • WMexpress operates without a business registration or there is no information available about it EXMO is an ordinary company without licenses, etc. (EXMO utilizes a safer and more stable business model).
  • Besides buying and selling cryptocurrencies, WMexpress provides no extra services EXMO provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens, and besides that: Cash codes and the OTC trading.
  • WMexpress supports 10 cryptocurrencies EXMO allows to exchange 24 cryptos (EXMO supports 14 cryptocurrencies more).
  • 2 fiat currencies are available at WMexpress You'll be able to use 6 fiat currencies to swap with digital ones at EXMO (EXMO supports 4 fiat currencies more).
  • WMexpress accepts deposits from and allows withdrawals to 14 fiat payment systems / banks EXMO allows the user to utilize 9 various fiat payment systems and/or banks (EXMO supports 5 banks and fiat payment systems less).
  • WMexpress charges 5% — 15% fee EXMO charges the client 1.95% — 5.95% fee, depending on the currency, payment system, etc. (EXMO & WMexpress charge the customer with the equal fee level, more or less).
  • Buying limits at WMexpress start from $63 and are up to $6,392 Deposit/withdraw limits at EXMO are $1 — $20,000 depending on the payment method (EXMO has higher buying/selling limits).
  • WMexpress allows registrations from 255 countries; United States is among the supported ones You may register at EXMO if you reside in one of 255 countries; it serves United States among others (EXMO & WMexpress support the same number of countries and territories).
  • Our visitors rated customer care at the WMexpress 5.0 / 5.0 Customers' service at EXMO exchange was rated 5.0 / 5.0 by our visitors (EXMO & WMexpress provide the equal quality of customer support).
  • WMexpress allows the user to be anonymous, there is no account verification, etc. User identification at EXMO usually consists of 3 different procedures: id verification, address confirmation, selfie and the process usually takes about 5-15 mins (EXMO 's compliance program requires the client to take more actions or to provide more data).
  • Due to results of community feedback, WMexpress process deposit/withdrawal orders in about in couple of minutes (although the exchange is instant) Due to results of community feedback, EXMO process deposit/withdrawal orders in about in couple of minutes (although the exchange itself is instant) (EXMO processes deposits and withdrawals slower).
  • Our users left 3 testimonials about WMexpress, 100% of which are positive We've collected 15 users testimonials about EXMO, 93% are positive (EXMO was rated lower by the community).

Although the final decision, which exchange — WMexpress or EXMO — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although EXMO has a lower total rating 88 vs WMexpress with 90, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Conclusion: is EXMO legit or scam?

Now it's time to draw a conclusion, is EXMO a scam or is it a legit exchange? Well, EXMO is definitely a legit exchange, it can't be called scam for sure! Let's summarize what we like most (and what we don't) about the EXMO:

  • Although it has no financial licenses, etc. such a business model complies with the regulation
  • The trading platform holds users' funds
  • This company has being in the business for a long time; exchange was started 7 years and 5 months ago
  • Exchange supports 24 cryptocurrencies and 6 fiat ones (totally 9 payment systems / banks are available). Besides buying, selling and exchanging digital currencies, the following services are available: Cash codes and OTC trading
  • It charges moderate fees: from 1.95% to 5.95% depending on the payment method; although the exchange of smaller amounts is rather inexpensive
  • The purchase and withdrawal limits are high and you may exchange small amounts, if you wish to: from $1 to $20,000 USD, it depends on a payment system choice
  • EXMO allows registrations from 255 countries; people from United States may use the service
  • Customers' testimonials are rather good, 7% (1 of 15) are neutral or negative. According to the customers feedback:
    • Customer support is great
    • Deposits and withdrawals are very fast
    • Verification is really fast

Overall rating for EXMO: 88 / 100