Review of the EXMO cryptocurrency exchange: reviews and tips from experienced traders.
Description of EXMO – a well-known cryptocurrency exchange
One of the most famous platforms for trading cryptocurrency is the company EXMO EXCHANGE LTD, founded in London in 2013. Today we will review the main aspects of its functioning and draw appropriate conclusions.
Registration process on the platform
To start trading on the exchange, you need to go to the main page and click on the “Register” button. Then fill out the form provided, accept the terms of service, pass the captcha check, and confirm the entered data. The next step will be to verify your email by following the activation link sent by the EXMO system.
Deposit and withdrawal of funds
After completing the account activation process, you need to open the “Wallet” section, top up your balance, and start working: carry out trading operations, buy cryptocurrency for long-term investment or for learning purposes. You can replenish your deposit with both cryptocurrency and fiat money. The list of available methods is constantly updated, including changes in the minimum deposit amount, fund crediting time, fees, and other important details.
The exchange cooperates with many payment systems, and their list varies depending on the chosen currency. The “Deposit” function is responsible for crediting the account, and “Withdraw” for withdrawing funds. To make transactions, you need to review the fee and confirm the application. The average time for funds to be credited to the account depends on the specific payment system, the information of which you can find out before completing the transaction.
Some payment systems require verification. For example, without confirming your identity, it is impossible to receive rubles, dollars, or euros into your account. However, hryvnias and cryptocurrencies are available without the verification procedure. The verification process on EXMO involves providing documents to identify the user’s identity and address. Details of this procedure are outlined in the “Verification” section.
Customer interaction
To communicate with customers, there is a “Contacts” section where contact information is provided for various inquiries. In addition, there is an online chat on the website for exchanging information promptly. There, you can also find a wealth of answers to frequently asked questions. Customers can also use a template ticket to submit a request with personal information and a description of the problem.
Features and advantages of the exchange
All users have access to a referral program designed to stimulate advertising for the EXMO exchange. The Cashback service also allows you to receive back up to 70% of the paid commission for trading operations depending on the trading volume. Information about completed transactions is available in the “Cashback” section. Additionally, the platform regularly conducts promotions and giveaways among customers.
Conclusion
EXMO is a platform with a user-friendly interface and favorable conditions for novice traders. It should be noted that there is no demo mode, and account funding is required to understand the functionality. It is recommended to start with a minimum deposit and carefully study all the platform’s capabilities to avoid losing funds.