EXMO review & 17 testimonials for exmo.me (01.2021)
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
considerably low fees, comparing to the local market:
1.95% — 5.95%
(according to our statistics,
the average fee for the
UAH
to BTC exchange is currently
~3.5%)
— you'll find all the details about the fees, limits, etc. below —
and has
great buying limits:
$1 — $20,000
(in accordance with the statistics we've collected,
62%
exchanges allow lower limits for orders).
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,
already has
17 user reviews,
94% 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
89/100 rating:
it's
the great result,
higher than
97%
of the competition!
For example,
kassa and
chby
are ranked below, although
Payget
(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.
EXMO is well-know in the industry, especially among the Russian speakers. Website is available in many languages, local payments are supported in various countries.
Answering the question how safe is EXMO:
EXMO is definitely safe!
89/100 rating
is rather hard to get,
97%
exchanges have lower rating!
Let's break down how the EXMO exchange got such a rating.
Overall rating for EXMO:
89 / 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.
- Exmo got some nice testimonials from the customers.
- 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, SEPA Transfer, Qiwi, etc.
- Fees are not high in comparison with other local exchanges.
- High purchase and withdrawal limits, convenient min/max amounts.
- 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,
94%
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 backed by assets to invest in 2021.
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,
RUB,
EUR,
USD,
UAH 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
12 exchanges of various types.
You are welcome to find the best rate for
buying bitcoin with visa & mastercard
at our home page!
-
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.
-
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.
-
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.
-
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.
-
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.
-
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):
-
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%
-
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.
-
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 less fees than most of the local competition.
According to our statistics,
the median (average) fee the local exchanges take from a buyer for the
UAH
to BTC exchange is currently about
~3.5%
that's roughly the same charges
EXMO does.
The exact rate depends on the Bank or Payment System choice.
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
11%,
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):
-
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.
-
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)?
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:
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:
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!
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 17
testimonials about their experience dealing with EXMO,
94% of the testimonials are positive,
6% are neutral
and there are
0
negative ones.
Feel free to read as many of these as you like!
A great platform, I've used it many times. Mostly for buying BTC with my debit card although it's also good for altcoin trading etc. Web interface is good and the mobile app works pretty well. Withdrawals are fast, no complaints!
I trade here sometimes. What can I say,, it's not my favorite exchange to be straight, but it's a good one anyway! Many markets including some rather exotic ones like TRY etc and many deposit fiat options.
One of exchanges I prefer most. Not bad liquidity, many pairs and recently they started this IEO thing. Like an ICO but exchange organize this. More trusted than ICO because exchange checks the projects in its real and there are people behind and like that.
I like trading here. Interface = very nice, my eyes are comfy staring at it. Not so many fiat withdrawal options but everything else is super cool!
I use EXMO without issues and am happy. Although my friends was complaining that fiat withdrawals can be slow, all mine went well. Can say only good things from my personal experience about EXMO!
Not a bad exchange. But there are no normal ways to withdraw the USD! Like you can easily deposit the money from your Visa or MC. Than you trade and get earn some $$$. And than - surprize! - only options to get the USD out are: EXCODE, Adv Cash, Perfect Monet. Have you ever heard about these? I wish they add bank account o something. Of course you can get BTC out, but why not USD?
I use EXMO log time. For years, my experience was very good. There are many payment options in various fiat currencies from USD/EUR to TRY/UAH, etc., RUB, PLN also. Card payments. Many digital currencies are supported.
They also have so-called cash codes, that can be a rather convenient way to deposit fiat if you are located in ex-USSR. These codes are cash vouchers of some sort, like you buy a card, enter the code that's inside and get money.
I like exchanging and EXMO and can recommend it to you, my friend!
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,
94% 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 17
users testimonials about EXMO,
94%
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
89 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 Coinbase
Let's compare the key features of these two platforms to see which one suits you best:
-
Coinbase is a e-wallet
EXMO is a trading platform,
it has a different business model
(feel free to read about the
differences between
e-wallet and trading platform)
-
Coinbase had started the business June 2012
EXMO started the business May 2013
(Coinbase is working for
11 months longer time).
-
Coinbase has all the required business licenses and permissions
EXMO is an ordinary company without licenses, etc.
(Coinbase's business model is more stable and safer for clients).
-
Besides buying and selling cryptocurrencies,
Coinbase provides the following extra services:
ATM Cards and the
Merchant 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.
-
Coinbase supports 11 cryptocurrencies
EXMO allows to exchange 24 cryptos
(EXMO
supports 13 cryptocurrencies more).
-
6 fiat currencies are available at Coinbase
You'll be able to use 6
fiat currencies to swap with digital ones at EXMO
(EXMO & Coinbase
support the same number of fiat currencys).
-
Coinbase accepts deposits from and allows withdrawals to
4 fiat payment systems / banks
EXMO allows the user to utilize 9
various fiat payment systems and/or banks
(EXMO
supports 5 fiat payment systems and banks more).
-
Coinbase charges
1.49% — 3.99%
fee
EXMO charges the client
1.95% — 5.95%
fee, depending on the currency, payment system, etc.
(EXMO
has higher fees, generally).
-
Buying limits at Coinbase start from
$2 and are up to $5,000
Deposit/withdraw limits at EXMO are
$1 — $20,000
depending on the payment method
(EXMO
has higher buying/selling limits).
-
Coinbase allows registrations from 39 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 Coinbase
usually asks for 2
documents and/or procedures:
(id verification,
phone confirmation)
and it takes
about 5-15 mins
in most of the cases
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, Coinbase process deposit/withdrawal orders in about
a couple of seconds, in fact — instantly, without any delay; everything is automated
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 23
testimonials about Coinbase,
96%
of which are positive
We've collected 17
users testimonials about EXMO,
94%
are positive
(EXMO
was rated lower by the community).
Although the final decision, which exchange —
Coinbase 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
89 vs Coinbase with 95,
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 17
users testimonials about EXMO,
94%
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,
although EXMO has a better total rating
89 vs kassa's 88,
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 chby
Let's compare the key features of these two platforms to see which one suits you best:
-
chby 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)
-
chby had started the business July 2018
EXMO started the business May 2013
(EXMO operates
5 years and 2 months longer).
-
chby 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,
chby 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.
-
chby 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).
-
chby 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).
-
chby 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 & chby
support the same number of countries and territories).
-
Our visitors rated customer care at the chby
5.0 / 5.0
Customers' service at EXMO exchange was rated
5.0 / 5.0 by our visitors
(EXMO & chby
provide the equal quality of customer support).
-
During the account verification chby
usually asks for some (it depends)
documents and/or procedures
and it takes
about 5-15 mins
in most of the cases
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, chby process deposit/withdrawal orders in about
in couple of minutes
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 5
testimonials about chby,
100%
of which are positive
We've collected 17
users testimonials about EXMO,
94%
are positive
(EXMO
was rated lower by the community).
Although the final decision, which exchange —
chby 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 better total rating
89 vs chby's 86,
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 Payget
Let's compare the key features of these two platforms to see which one suits you best:
-
Payget 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)
-
Payget had started the business January 2018
EXMO started the business May 2013
(EXMO operates
4 years and 7 months longer).
-
Payget 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,
Payget 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.
-
Payget 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).
-
Payget 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).
-
Payget 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 & Payget
support the same number of countries and territories).
-
Our visitors rated customer care at the Payget
5.0 / 5.0
Customers' service at EXMO exchange was rated
5.0 / 5.0 by our visitors
(EXMO & Payget
provide the equal quality of customer support).
-
During the account verification Payget
usually asks for some (it depends)
documents and/or procedures
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, Payget 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 3
testimonials about Payget,
100%
of which are positive
We've collected 17
users testimonials about EXMO,
94%
are positive
(EXMO
was rated lower by the community).
Although the final decision, which exchange —
Payget 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
89 vs Payget 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
8 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 competitive 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,
6%
(1 of 17)
are neutral or negative.
According to the customers feedback:
- Customer support is great
- Deposits and withdrawals are very fast
- Verification is really fast
Although it's possible to find some complains, most of the users seems to be happy with EXMO.
Overall rating for EXMO:
89 / 100