EXMO is a convenient cryptocurrency exchange
EXMO cryptocurrency exchange was created in 2014 and enjoys wide popularity in the CIS countries, as it belongs to the category of crypto exchanges that support the Russian language.
Contents
- Basic information about EXMO exchange
- Registration on the exchange
- Depositing and withdrawing currencies
- Verifying your account
- How to trade on EXMO cryptocurrency exchange
- How to change cryptocurrency
- Account security on EXMO
- Advantages and disadvantages
Basic information
- The official website of the exchange: exmo.me
- The official Twitter of the exchange: twitter.com/Exmo_com
- Place of registration of the exchange: Great Britain
- Date of registration: 2013
- Site language: English, Spanish, French, German, Italian, Portuguese, Romanian, Romanian, Chinese, Russian, Ukrainian, Polish
- Trading pairs: 39
Registration on EXMO exchange
To register on EXMO crypto exchange, you need to enter your e-mail address in the "Registration" window. It is problematic to pass by it, as it is located in the middle of the screen.
In the window that appears, you need to enter your registration data:
- login;
- password.
After verifying your email, your account will be activated and you can go to the main page of the exchange.
Please note that on the main page of EXMO exchange there is a user chat available, where traders share their opinions on the future prospects of cryptocurrencies. A very convenient service to clarify the trading ideas of your colleagues.
Otherwise, the design of the home page is traditional.
Deposit and withdrawal of currency on EXMO exchange
To replenish your account you need to go to the "Wallet" tab, then choose the currency you will use to replenish your account.
You can replenish your EXMO account with most cryptocurrencies, as well as dollars, euros, rubles and hryvnias, for which you can use payment systems Visa, Mastercard, Payeer, PerfectMoney, OKPAY, Payza, AdvCash, Neteller, WireTransfer, MoneyPolo, SEPA, CryptoCapital.
The same cryptocurrencies and payment systems are available for withdrawal. In addition, the payment systems Qiwi, Yandex.Money, and bank transfers are available for withdrawing rubles.
For transactions with dollars, euros and rubles, please note that some payment systems, such as Visa and Mastercard, work only in the direction of withdrawal. You will not be able to replenish your account through them.
When funding your account with cryptocurrencies, you will need to create an exchange wallet for it. It is not difficult to do this, just click the "Create Address" button and the wallet required for your cryptocurrency will be generated by the system in a few seconds.
The amount of commission depends on the method of deposit or withdrawal you have chosen. With all payment systems and their commissions may be consulted here.
It is also worth noting that EXMO crypto exchange has minimum and maximum deposit and withdrawal amounts. For example, the minimum deposit amount in bitcoins is 0.001 BTC. When withdrawing bitcoins the minimum amount is 0.01 BTC, the maximum amount is 350 BTC.
Verifying your account
EXMO crypto exchange has adopted a practice in line with other trading platforms. When depositing or withdrawing cryptocurrencies, it will be sufficient to verify your email address.
To work with other payment systems, you need to go through the verification procedure. To start it, you need to click on the button of your account and go to the "Verification" tab and follow the instructions on the page.
How to trade on EXMO crypto exchange
The main function of EXMO exchange is trading cryptocurrencies. To start trading, you need to go to the "Trading" tab.
Next, you should select the necessary currency pair. Two types of orders are available to a trader on EXMO exchange:
- limit - buying or selling at a price better than the current price;
- market - buying or selling at the current price.
Having set the necessary values in the order window, you should press the corresponding button, after which the order will be opened and will appear in the "My active orders" window.
Please note that margin trading services are not provided on EXMO exchange.
About where else cryptocurrency trade.
How to change cryptocurrency on EXMO exchange
In addition to trading, EXMO exchange provides an opportunity to exchange cryptocurrencies. To use it, you need to go to the "Exchange" tab.
With the help of this service you can exchange cryptocurrencies between each other or to fiat currencies and vice versa. The exchange takes place instantly at the best current prices on the EXMO exchange.
Account security on EXMO
Like all trading platforms, the EXMO cryptocurrency exchange offers users a whole complex of account protection.
To activate them, you need to go to the "Profile Settings" tab. To protect your account, you are offered to:
- API key configuration
- Restrictions on access by IP address
- Protection via Google Authenticator and SMS confirmation
Advantages and disadvantages of EXMO
Pros
- Fully russified and user friendly interface.
- A wide selection of cryptocurrency pairs for trading and exchanging.
- Low transaction fees.
- Support of the most common payment systems for deposit and withdrawal of funds.
- Loyal customer service.
- Cashback system - the exchange returns a part of the commissions paid on transactions. The amount of the refund will depend on the volume of transactions.
The minuses are considerably fewer
- Due to the limits set on depositing funds, funding an account is disadvantageous for bitcoin faucet users.
- No margin trading, although this disadvantage is relative and can also be an advantage.
EXMO cryptocurrency exchange - is not a bad solution for Russian-speaking crypto traders. The functionality of the exchange is more than user-friendly, providing full transparency in cryptocurrency trading, as well as in depositing and withdrawing funds.