EXMO has released an in-house gift card that can be used to transfer crypto funds from one user to another on the EXMO exchange or generate a code as a gift. You can also top up your EXMO account with the EXMO gift card with crypto or fiat funds (0% commission), and use payment methods that are not available on EXMO exchange but can be used among EXMO’s users. In AdvCash trade terms of security, the EXMO gift card has a combination of 57 characters, which obviously makes it an extremely safe and secure payment system. EXMO also offers an online digital wallet where users can store, send and receive fiat and crypto funds. The EXMO wallet is simple and easy to use and is available on the exchange web-based platform and on the mobile app.
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Below, we have covered all the fees charged by the exchange when depositing and withdrawing funds with British Pounds. EXMO is a British digital asset exchange that offers an easy way to buy and sell cryptocurrencies. With more than active users, it is considered one of the largest cryptocurrency exchanges in Europe in terms of volume and liquidity.
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EXMO exchange offers a maximum maker and taker fee of 0.3%, which is slightly higher than the average in the industry and to what is offered on other exchanges like Binance, Poloniex, and Bithumb. With that in mind, EXMO also offers a fee structure that varies based on the trader’s 30-days trading volume, and as such, trading fees significantly reduced when trading volume rises. Moreover, it has a cashback charging program that is suited for high-volume traders and gives back returns on commission on a daily/weekly basis.
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Further, we really liked the look and layout of the platform as well as the transparency provided by EXMO. The exchange clearly lays out all the fees and ensures you have all the information before you deposit funds into your account or you are about to make a trade. Another crucial factor that should in mind when choosing a trading platform is the range of assets and markets available on the platform. If you intend to focus on the cryptocurrency market and in particular altcoins, then EXMO is the better choice as it offers a range of 60 coins and 189 currency pairs.
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As such, it has been temporarily registered as a crypto asset business until 9th July 2021, pending the FCA decision. And, if you still have doubts about EXMO’s reliability and the ability of the exchange to keep funds safe after the hacking last year, we would recommend eToro as the alternative platform. EToro is not only one of the best FCA regulated brokers but it also ensures clients’ funds are protected by the Financial Services Compensation Scheme and is not exposed in any way to hacking attempts.
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EXMO is a British cryptocurrency exchange that was founded in 2014 by Ivan Petuhovskii and is headquartered in London, UK. The company has additional offices in Moscow, and Kyiv, and employs more than 150 people. In the United States, hookup online dating services are becoming more popular. It is because they supply a simple way for individuals from all walks of life to get anyone to time.
For funding your account with USD, the exchange allows you to use Visa, Swift and EXMO Gift card. Once your account is verified, you can then add funds to your account. From the dashboard, click on the ‘Funding’ tab, and on the next page, you’ll be able to choose the way in which you want to make the deposit . In general, EXMO is a registered firm in the UK and complies with the laws and regulations of the United Kingdom and the European Union. Copy Trading is not a very common feature on cryptocurrency exchanges.
If using US Dollar, EXMO has a maximum withdrawal limit of $500,000. When using GBP, the exchange enables you to withdraw £100,000. Its platform and 189 crypto-to-crypto and fiat-to-crypto currency pairs. EXMO is not yet fully authorized or regulated by the Financial Conduct Authority but it has filed for an application to become an FCA-regulated financial institution.
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If you decide to fund your account with cryptos, you can choose one of the 60 coins available on EXMO’s platform, including the EXMO coin. On this platform, investors can buy and sell crypto coins like EXMO coin, Bitcoin, DASH, Ethereum, Litecoin, Dogecoin, Tether, Monero, EOS, and many more. In addition, EXMO has its own crypto coin, known as EXMO coin , which serves as the internal utility token on the EXMO exchange and has been rising in value pretty steady from the start of the year.
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