EXMO cryptocurrency exchange is one of the largest in Europe, and the most popular among Russian-speaking users. Exmo was registered in the UK in 2014. By the way, this is not the first time that a currency exchanger service has evolved into a stock exchange. A year later, the cryptocurrency exchange platform began to appear in the top 10 largest projects, and in 2017 received the title of “best exchange of the year” according to one of the largest publishers. Last year, the EXMO platform was preparing to conduct an ICO to attract investment. In particular, the management wanted to receive additional funds for the development of other types of trade. But, for certain reasons, the fundraising had to be canceled. However, during this time, on the wave of hype, the platform received a lot of new users and their money. EXMO exchange offers trading in about 30 popular cryptocurrencies. But an interesting fact is that many customers use the site not for trading, but as an exchanger. This situation is due to the many supported fiat currencies. Including ruble and hryvnia. The EXMO platform allows you to form any trading pairs, including only from fiat. Another great advantage of the exchange is its integrated wallet for storage and operations with cryptocurrency. Users can use the exchange functionality as their main wallets, but also send money to payment systems such as Webmoney or Paypal, as well as work with bank cards. In addition, the EXMO platform can offer a referral program with good rewards for participants. Platform security is one of the main priorities of developers. So, in addition to mandatory two-factor authentication, you can use Google Authenticator. This option will protect your account even if you lose your phone. Traders will be able to restrict access to the account to certain IP and confirm the withdrawal via mail. Moreover, even in a chat, which is called one of the advantages of the exchange due to the large number of Russian-speaking audiences, can use only traders with a deposit of more than 2000 USD. This is done to prevent spam from newbies and fraud attempts from scammers. EXMO cryptocurrency exchange fell into a scandal about transferring data to third parties, but many experts tend to consider this an artificial charge. The fact is that after the announcement of the postponement of the ICO for an indefinite period, many negative-minded users who wanted to make money on EXMO tokens was appeared. It was then that a wave of accusations of developers passed, allegedly they are involved in the sale of personal data and even access to the wallets of their customers. Despite numerous rebuttals and evidence from management, these stories still affected reputation. But since 2018, the EXMO exchange has been gradually recovering its lost positions and is continuing to move forward. Read more about EXMO at Neironix.io.
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