Exmo Cryptocurrency Exchange isn't available on Finder right now.
Fiat currencies
8
Supported assets
56
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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
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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.
We’ve put together this review full of a host of useful information you should consider before deciding whether EXMO is the right crypto exchange for your needs.
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)
supports
XRP (XRP)
does not support
BNB (BNB)
does not support
Solana (SOL)
supports
Dogecoin (DOGE)
supports
USDC (USDC)
does not support
Lido Staked Ether (STETH)
supports
Cardano (ADA)
supports
TRON (TRX)
does not support
Avalanche (AVAX)
does not support
Wrapped stETH (WSTETH)
supports
Chainlink (LINK)
does not support
Toncoin (TON)
does not support
Wrapped Bitcoin (WBTC)
supports
Shiba Inu (SHIB)
does not support
Sui (SUI)
supports
Stellar (XLM)
supports
Polkadot (DOT)
BTC
ETH
XRP
BCH
EOS
LTC
ADA
XLM
TRX
NEO
DASH
XEM
ETC
QTUM
OMG
ZEC
BTG
ONT
ZRX
DCR
WAVES
MKR
DOGE
GAS
LINK
SMART
DAI
DOT
ONG
ATOM
UNI
MNC
HB
XTZ
IQN
USDC
VITAE
GUSD
BTT
ALGO
ONE
ROOBEE
CHZ
HAI
WXT
BTCV
GNY
VLX
EXM
YFI
CRON
HP
ZAG
SHIB
PRQ
TONCOIN
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
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.
Get started After selecting the Get Started button, fill in the create account form.
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.
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.
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.
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our finder.com Terms of Use and Privacy and Cookies Policy.
Tim Falk is a freelance writer for Finder. Over the course of his 15-year writing career, he has reported on a wide range of personal finance topics. Whether you're investing in stocks and ETFs, comparing savings accounts or choosing a credit card, Tim wants to make it easier for you to understand. When he’s not staring at his computer, you can usually find him exploring the great outdoors.
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