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Exmo review

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Exmo Cryptocurrency Exchange

Exmo Cryptocurrency Exchange isn't available on Finder right now.

Fiat currencies
8
Supported assets
56
This is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Our verdict

Buy and sell 13 popular cryptocurrencies with a 0.2% trading fee.

Pros

  • Complies with the Financial Crimes Enforcement Network regulations in the US. FinCEN is the peak body for regulating cryptocurrency exchanges in the US which requires Exmo to comply with laws and regulations that are intended to provide certain protections for users.
  • Trade with multiple fiat currencies. Exmo allows you to trade with 8 currencies including USD, EUR, GBP, RUB, PLN, TRY, UAH, KZT.
  • Deposit and withdraw USD directly to your bank account in the US. With Exmo you can deposit cash from your American bank account and cash out back into the same account.
  • Customer support available via live chat. Exmo is contactable through live text chat customer support.

Cons

  • No mobile app available. Exmo does not have a dedicated mobile app. You can still use the platform on your phone, but the experience may not be as smooth as other platforms that have smartphone apps.

In this guide

  • Our verdict
  • Details
    • Product details
  • Your reviews
  • Ask a question

EXMO is a cryptocurrency exchange based in the UK. It charges a 0.2% fee on all trades and allows customers to buy and sell bitcoin (BTC), Ether (ETH), Litecoin (LTC) and a number of other popular cryptos.

Details

Product details

Product Name Exmo Cryptocurrency Exchange
Fiat Currencies USD, EUR, GBP, RUB, PLN, TRY, UAH, KZT
Cryptocurrencies BTC, ADA, EOS, DOT, ETC, ETH, DOGE, BCH, EXM, LSK & 45+ more
Deposit Methods Bank transfer (ACH)
Trading Fee Maker: -0.05% - 0.4%
Taker: 0.05% - 0.4%
Deposit Fees Cryptocurrency: from 0%
AdvCash: Fees vary
Bank transfer: Fees vary
Visa/Mastercard: Fees vary
Payeer: Fees vary
Withdrawal Fees Cryptocurrency: Fees vary
AdvCash: Fees vary
Bank transfer: Fees vary
Visa/Mastercard: Fees vary
Payeer: Fees vary

3.6

Finder Score

★★★★★

About Exmo — company background

Founded in 2013, EXMO is a cryptocurrency exchange that allows users to trade a range of cryptocurrencies.

In December 2017, EXMO also announced the launch of the EXMO Coin crowdsale to raise the funds necessary to add a margin loan service to its exchange platform.

Listed Exmo crypto exchange assets

Exmo supports over 56 cryptocurrencies, but some notable assets are missing. Namely, Tether, BNB and Solana, which are in the top 20 cryptos by market cap. In total, 11 of the top 20 cryptos are available on Exmo.

Popular assets on Exmo
supports
Bitcoin (BTC)
supports
Ethereum (ETH)
does not support
Tether (USDT)
does not support
BNB (BNB)
does not support
Solana (SOL)
supports
USDC (USDC)
does not support
Lido Staked Ether (STETH)
supports
XRP (XRP)
supports
Dogecoin (DOGE)
does not support
Toncoin (TON)
supports
Cardano (ADA)
supports
Shiba Inu (SHIB)
does not support
Avalanche (AVAX)
does not support
Wrapped Bitcoin (WBTC)
supports
TRON (TRX)
supports
Bitcoin Cash (BCH)
supports
Polkadot (DOT)
supports
Chainlink (LINK)
does not support
Internet Computer (ICP)
does not support
Polygon (MATIC)

Exmo fees

Exmo charges a from 0% fee for cryptocurrency deposits.

Deposit & withdrawals fees

Transaction type Fee
Deposit funds Cryptocurrency: from 0%
AdvCash: Fees vary
Bank transfer: Fees vary
Visa/Mastercard: Fees vary
Payeer: Fees vary
Withdraw funds Cryptocurrency: Fees vary
AdvCash: Fees vary
Bank transfer: Fees vary
Visa/Mastercard: Fees vary
Payeer: Fees vary

Exmo deposit methods

  • Bank transfer (ACH)

How to sign up on Exmo exchange

Before you can even get started trading on Exmo, you have to go through the rigorous verification process (which usually involves providing proof of identification). This can take time. The reason for this is Exmo's commitment to certifications and compliance with regulations and insurers.

  1. Get started
    After selecting the Get Started button, fill in the create account form.
  2. Set up payment
    Before you can start trading, you have to add your bank account to your Exmo account. There are several options to choose from, so choose the option most compatible.
  3. Provide identification
    Before you can make withdrawals and increase your transaction limits, you must submit proof of address and some additional identification. Use either a passport or a driver's license for this.
  4. Start trading
    After all that is processed, you're ready to trade on Exmo.

Is Exmo safe?

While you don’t have to verify your account in order to start trading on EXMO, you can provide proof of ID and proof of your address to add increased security to your account and access a wider range of deposit and withdrawal options. EXMO also offers the option of setting up two-factor authentication and creating a list of trusted IP addresses that can log into your account.

Like pretty much every crypto exchange, EXMO has been targeted by hackers in the past. For example, a DDoS attack in December 2017 briefly shut down the exchange.

It’s also worth pointing out that EXMO director Pavel Lerner was kidnapped outside his office in Kiev, Ukraine, late in December 2017. He was later released after paying a $1 million ransom in bitcoin.

Keeping your crypto secure

All centralised exchanges, including Exmo, are vulnerable to counterparty risks like hacking, theft and insolvency. Using a self-custodial or hardware wallet is widely accepted as the best way to improve the security of your funds. We've shared some of our top picks below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

9,000+

Price (USD)

$149

Price (USD)

$179

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Bybit Cryptocurrency Exchange

Bybit Cryptocurrency Exchange logo
  • Offers leverage and derivative trading
  • Supports EUR, GBP and CHF
  • Licensed to operate in all European countries
Go to site
Disclaimer: Highly volatile investment product. Your capital is at risk.

Kraken Cryptocurrency Exchange

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  • Pleasant UI for new traders
Go to site

KuCoin Cryptocurrency Exchange

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Binance Cryptocurrency Exchange (Not available to US users)

Binance Cryptocurrency Exchange (Not available to US users) logo
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