Exmo Review

Exmo Review

Exmo has been incorporated in 2014 and it's controlled by Exmo Finance LLP. It provides services such as wallet, buying and selling cryptocurrencies, and trading. Since the Exmo started, it served more than 560,000 people from around 200 countries. More details about this exchange/trading platform in this Exmo Review.

Supported Cryptocurrencies
  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Dash (DASH)
  • Litecoin (LTC)
  • Dogecoin (DOGE)
  • Waves (WAVES)
  • Zcash (ZEC)
Offered Services
  • Buy cryptocurrencies
  • Sell cryptocurrencies
  • Trade cryptocurrencies
  • Wallet
Payment Methods Accepted
  • Wire transfer
  • Capitalist
  • Perfect Money
  • Moneypolo
  • Advcash
  • Epay
  • Fasapay
  • Okpay
  • Neteller
  • Payeer
Fees
  • Fee for the deal - 0.2%
  • Deposit fees: cryptocurrencies - 0%; depending on the currency and payment method - from 0% to 6.9%
  • Withdrawal fees: cryptocurrencies - standard transaction fee; depending on the currency and payment method - from 0% to  5%
  • More information - here
Verification Process
  • Verification is mandatory for using FIAT currencies
  • One of identification documents are required (ID card or passport)
  • Proof of address is required also
  • Users must print, sign and scan an agreement
  • All documents must be high quality
Supported Countries
  • All Europe countries including Russia
  • Asia countries
  • USA isn't supported
Speed
  • Most of the payment methods are instant
  • Cryptocurrency transaction speed is followed by usual speed of the network
Limits
  • Limits depend on trading pair and currency
  • Deposit and withdrawals limits depends on verification level and chosen method
Privacy
  • Everything is logged (trading, logins)
  • Personal details are required also
Security
  • SSL certificate
  • IP filter (block/allow)
  • Google Authenticator
  • SMS authentication
Pros
  • Tons of payment methods available
  • Big trading limits
  • Company is licensed and registered in United Kingdom
  • 24/7 support
  • More than one language supported
Cons
  • Number of trading pairs could be higher
  • No privacy
  • Some of the fees are high
  • USA isn't supported
Conclusion

In conclusion, EXMO offers decent services with good 24/7 support (what makes it one of the best in the market). Besides that, it allows its customers to make deposit with around 10 different payment methods including Neteller, Wire transfer, Capitalist, etc. Security is a decent too, and trading platform is okay for daily using.

However, customers cannot expect great privacy, because Exmo asks to provide personal details and an identification document. In addition, users must sign and scan an agreement.

Rating
7/10