In this EXMO Exchange review, we look at its crypto and fiat trading options, fees, and global accessibility to see if it’s still one of the best beginner-friendly exchanges.
EXMO is an online Bitcoin and cryptocurrency exchange platform offering a full range of services. Cryptocurrency has taken the world by storm. Its popularity has ebbed and flowed. But many people believe it’s the currency of the future.
Currently, crypto doesn’t have the regulations that the US Dollar does. Therefore, it can be manipulated. While that doesn’t mean you can’t trade it, it does mean to be aware.
Bitcoin stocks can be traded on major exchanges. Then, there are cryptocurrency exchanges where you can buy and sell crypto.
EXMO Exchange Review Rating: 4/5
0.4% trading commission, with a 0.3% basic trading fee
What Is EXMO Exchange? (2026 Review)
EXMO is an online cryptocurrency exchange platform founded in 2013 and based in the United Kingdom. It’s a popular trading destination to buy and sell cryptocurrency. EXMO accepts funds and cryptocurrency from users, after which they can carry out trading operations with each other using the funds they have placed in their user wallets. A downside of cryptocurrency trading platforms is their vulnerability to hackers who can steal your hard-earned money. Thus, you must choose the right one.
EXMO allows users to buy/sell/exchange cryptocurrency and fiat money.
In a nutshell, EXMO is designed for those who profit from predicting changes in currency rates.
Up to thirteen different digital coins are accepted on the EXMO platform.
The most popular ones are Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Bitcoin Cash (BCH).
Some other cryptocurrencies include Ethereum Classic (ETC), Ripple (XRP), DASH, WAVES, Zcash (ZEC), Monero (XMR), DOGE, and Tether (USDT).
Our EXMO Exchange review found that the platform keeps things simple — offering fast crypto swaps, wide payment support, and clean trading tools without the extra clutter.
Digital Currencies & Fiat Money
Cryptocurrencies, also called digital currencies, are changing the finance sector. Traditionally, banking systems are highly centralized.
But things are changing with the introduction of Bitcoin, the first coin ever to be used as a digital currency. Digital currencies use decentralized systems and rely on trading platforms, unlike fiat currencies, which use banks and other financial institutions.
What is fiat money, you ask? Well, it’s currency that the government has declared to be legal tender. Some examples of fiat currency you’ll be familiar with are the US Dollar and the Euro.
You can also trade cryptocurrencies such as Bitcoin on the stock market if you don’t know. But first, it’s important that you can read the charts and patterns before you throw your money away.
Funding Your Account
If your EXMO account isn’t funded with cryptocurrency, you can transfer funds from your digital wallet to EXMO.
You deposit the required amount plus fees, the system exchanges it, and the fiat currency is in your account.
Could you verify your account before the exchange to withdraw the money to your bank account or bank card?
EXMO Exchange Fiat Currencies
A wide range of currency deposits is accepted on the exchange.
For example, the US Dollar (USD), Euro, Russian Ruble (RUB), Polish Zloty (PLN), and Ukrainian Hryvnia (UAH) are all acceptable.
Users can use various payment methods to keep true to their wide range of services.
Think credit cards, debit cards, Perfect Money, cryptocurrency, Payza, wire transfers, PayPal, Giropay, CryptoCapital, Yandex Money, and SEPA.
Pros & Cons
- Pros
- Several cryptocurrency asset pairs to trade, giving the user the power of choice.
- Trade more than 46 crypto/fiat and crypto/cryptocurrency pairs.
- Wide range of deposit options.
- Available in more than 200 countries around the world, including Canada. The website itself is available in 11 different languages.
- It is an easy-to-navigate platform, and buying and selling crypto is quick and easy.
- Cons
- Some deposit fees are quite expensive (i.e., upwards of $.20 for wire transfers)
- Transfer limits on the platform.
- Newer exchanges with a lack of credible reviews; the vast majority appear to be paid reviews.
- Less established than the likes of Coinbase or Bittrex.
- No margin trading.
EXMO Exchange Pricing (2026 Fees & Costs)
Here are EXMO Exchange’s fees and commissions:
- Firstly, fees vary depending on payment method (bank, card, crypto). Some deposit fees are higher.
- Secondly, the cost of depositing the fiat currencies – USD, RUB, and EUR will vary based on the system used to transmit the money.
- The platform does not charge additional fees for Litecoin, Bitcoin, and Dogecoin deposits.
- However, you will pay a fee if you want to withdraw these.
- Users can exchange their cryptocurrency for fiat money from their accounts and even store their digital assets on the platform!
Unfortunately, users are limited by how many transfers they can make on the platform.
You can visit EXMO Exchange’s website for updated pricing here. (Updated 3/26).
Is EXMO Exchange Safe and Legit?
Like pretty much every crypto exchange out there, EXMO has been targeted by hackers in the past. For example, a DDoS attack in December 2017 briefly shut down the exchange.
But, while you don’t have to verify your account to start trading on EXMO, you should provide proof of ID and address to increase your security.
You can set up two-factor authentication and create a list of trusted IP addresses to log into your account.
In fact, by adding additional security, you access a wider range of deposit and withdrawal options.
And, with the option of setting up cold wallets to store your cash and coins offline, it’s a win-win situation.
Bottom Line: Is EXMO Exchange Worth It?
EXMO is a nice and easy way to exchange cryptocurrencies with each other and also with cash. Supporting around 200,000 customers per day, EXMO is ranked mid-tier per CoinMarketCap.
Unfortunately, the number of currencies is limited compared to other exchanges. Since the platform doesn’t have a lot of additional features, those looking to trade on margin should look elsewhere.
But EXMO is an ideal cryptocurrency exchange for beginners who will appreciate the intuitive interface design. It’s also nice to see so many payment options, which allow more people from more locations to be able to use it.
Our EXMO Exchange review concludes that EXMO is a solid pick for new crypto traders who want an easy, multilingual exchange experience without diving into advanced features or margin trading.
