EXMO.com Cryptocurrency Exchange [Official Thread]

[Amber Port]

This is a good performance

[1715388708]

1715388708

[1715388708]

1715388708

[1715388708]

1715388708

[sheld0n]

EXMO, the cryptocurrency market keeps integrating heavily modern and promising cryptocurrencies to the platform. This time, it is about two requesting at the market cryptocurrencies, namely Monero (XMR) and Tether (USDT). The operations to add and withdraw the means are available in the ‘Wallet’ section.
By the way, Zcash(ZEC): ZEC/BTC, ZEC/USD, ZEC/EUR, the highly-anonymous currency has been lately added to the market.

[TulioS]

I do not recommend. I've been operating with EXMO for  a couple weeks. Until now everything went smooth, perfect and fast, but no real test happened.
The test was today, where i was able to verify if  EXMO is ready for a big show, and they are not.

ZEC went from 291 to 409 in 1 hour. What EXMO did? Held every ZED withdraw informing that they had a technical problem. Without a forecast to be solved. 6 hours later and nothing. Wasn't able to make profit because the a crypto exchange can't handle huge price fluctuations (Whats is pretty common in this market).

Besides the mentioned above there is no Warning informing the users that they have a ZEC withdraw problem. You are able to fund your wallet, buy the ZEC and even order a withdraw, but then the withdraw is kept under verification for hours, and only through the online chat, they inform you the problem. When you ask if there is a place, a web, a forum, a twitter, to follow in order to be informed if the issued is solved or no, the answer:

https://image.ibb.co/mPaPZQ/ZEC_ISSUE.jpg

They can't handle withdraws during huge market fluctuations;
They hide problems from the user, you make the whole operation, pay all the fees and you are unable to trade;
There is not a communication channel to follow if the issues was solved.

[Exmo]

I do not recommend. I've been operating with EXMO for  a couple weeks. Until now everything went smooth, perfect and fast, but no real test happened.
The test was today, where i was able to verify if  EXMO is ready for a big show, and they are not.

ZEC went from 291 to 409 in 1 hour. What EXMO did? Held every ZED withdraw informing that they had a technical problem. Without a forecast to be solved. 6 hours later and nothing. Wasn't able to make profit because the a crypto exchange can't handle huge price fluctuations (Whats is pretty common in this market).

Besides the mentioned above there is no Warning informing the users that they have a ZEC withdraw problem. You are able to fund your wallet, buy the ZEC and even order a withdraw, but then the withdraw is kept under verification for hours, and only through the online chat, they inform you the problem. When you ask if there is a place, a web, a forum, a twitter, to follow in order to be informed if the issued is solved or no, the answer:



They can't handle withdraws during huge market fluctuations;
They hide problems from the user, you make the whole operation, pay all the fees and you are unable to trade;
There is not a communication channel to follow if the issues was solved.

Dear user,

The technical problem and maintenance on EXMP platform is over for the moment. The withdrawal operations are being currently processing already. We apologize for any inconvenience this may have caused.

Your respectfully, EXMO team

[Exmo]

Buy Ripple on EXMO at the best rates

EXMO cryptocurrency platform is proud to announce the integration of Ripple, one of the world’s TOP cryptocurrencies. From this moment, the users can trade on the new following currency pairs: XRP/BTC, XRP/USD, XRP/RUB.

Read more on EXMO website

[MyAdverts]

ripple is popular in korea and japan, good staff

[Serpens66]

@Exmo:
I just filled your small survey and I would like to comment:

1) "is exmo secure exchange?" It is, as soon as you offer API withdrawal + secure it with address whitelist.
So a user has to add at your website new addresses to the whitelist and confirm it by 2FA and/or email.
The API withdrawal can only withdraw to addresses in this whitelist. That way it would even be secure if someone has stolen the api key. (if some users do not want this security measure for some reason, then make it optionally enableable at settings.)
You can make it like bittrex: User simply adds addresses into a list, that is only sorted by currency. -> at withdrawal request it is checked, if the address is in list.
Or you can make it like Kraken: User adds addresses with a label to their account. And the API withdrawal does not request withdrawal to an address, but to a label, like "MyWallet".


2) Margin Trading:
It is very very important that you add margin trading the right way. The right way is like Kraken.com did it. The wrong way is like cex.io and therocktrading did it.
If you add a lending market like bitfinex or use your own funds like Kraken is up to you. But as a trader I would like to see constant lending rates (easier to calculate), so if lending market, I would prefer a fixed rate, similar to actual kraken lending rate of 0.01% per 4 hours.

So the following things are MUSTS for margin trading:
1) Colleteral currency needs to be both, EUR and BTC for going long or going short, not only one of them.
2) "Settle" position how kraken is calling it, or "claim" position how bitfinex is calling it, is a very important feature, because it allows also a wide range of users that don't like margin trading, to use margin trading for their convenience.
This feature means, that you can "remove" an open position without the normal close procedere. E.g the price is dropping and the user stores most of their bitcoins in their own wallet, only ~1 BTc is left on your exchange. But when the price is dropping, he wants to sell his 3 BTC. Now he could open a short position for 3 BTC and deposit the missing 2 BTC. While he is waiting for enough confirmations the price is dropping more. Finally the btc arrived at the exchange and instead of closing the position now, he can just "settle" the position, meaning that he will really sell his 3 btc to the opening price of that short position, which will remove that position.
3) Allow that short positions eliminate previous long positions. If you don't want this the default way, you can make it optionally. This means, that if I have a open short position about 4 BTC and then place a long position about 1 BTC, the result will be an open short position with only 3 BTC left.   This is important for smooth bot trading. This will eliminate the need to check positions and close a specific one or make an extra call to close a specific one partially. To determine which short position is closed by the long position, you can use Fifo (first in first out), like kraken.com does.

These 3 features will not only allow me to use margin trading, they will also allow all other users to use your margin trading features the way they like to. They are not forced to use it only in this one specific way, but they can use it for selling btc while waiting for confirmation and so on.
These 3 features are what seperates an expert margin implementation from a default on.

And something that should be self explanatory, but cex.io even failed about this:
Allow closing/settling orders partly and with a limit price! At cex at the moment you can only close the whole position at once and only at market price. So it is absolutely useless and dangerours.

If you have any questions about those features just ask me.

[Exmo]

@Exmo:
I just filled your small survey and I would like to comment:

1) "is exmo secure exchange?" It is, as soon as you offer API withdrawal + secure it with address whitelist.
So a user has to add at your website new addresses to the whitelist and confirm it by 2FA and/or email.
The API withdrawal can only withdraw to addresses in this whitelist. That way it would even be secure if someone has stolen the api key. (if some users do not want this security measure for some reason, then make it optionally enableable at settings.)
You can make it like bittrex: User simply adds addresses into a list, that is only sorted by currency. -> at withdrawal request it is checked, if the address is in list.
Or you can make it like Kraken: User adds addresses with a label to their account. And the API withdrawal does not request withdrawal to an address, but to a label, like "MyWallet".


2) Margin Trading:
It is very very important that you add margin trading the right way. The right way is like Kraken.com did it. The wrong way is like cex.io and therocktrading did it.
If you add a lending market like bitfinex or use your own funds like Kraken is up to you. But as a trader I would like to see constant lending rates (easier to calculate), so if lending market, I would prefer a fixed rate, similar to actual kraken lending rate of 0.01% per 4 hours.

So the following things are MUSTS for margin trading:
1) Colleteral currency needs to be both, EUR and BTC for going long or going short, not only one of them.
2) "Settle" position how kraken is calling it, or "claim" position how bitfinex is calling it, is a very important feature, because it allows also a wide range of users that don't like margin trading, to use margin trading for their convenience.
This feature means, that you can "remove" an open position without the normal close procedere. E.g the price is dropping and the user stores most of their bitcoins in their own wallet, only ~1 BTc is left on your exchange. But when the price is dropping, he wants to sell his 3 BTC. Now he could open a short position for 3 BTC and deposit the missing 2 BTC. While he is waiting for enough confirmations the price is dropping more. Finally the btc arrived at the exchange and instead of closing the position now, he can just "settle" the position, meaning that he will really sell his 3 btc to the opening price of that short position, which will remove that position.
3) Allow that short positions eliminate previous long positions. If you don't want this the default way, you can make it optionally. This means, that if I have a open short position about 4 BTC and then place a long position about 1 BTC, the result will be an open short position with only 3 BTC left.   This is important for smooth bot trading. This will eliminate the need to check positions and close a specific one or make an extra call to close a specific one partially. To determine which short position is closed by the long position, you can use Fifo (first in first out), like kraken.com does.

These 3 features will not only allow me to use margin trading, they will also allow all other users to use your margin trading features the way they like to. They are not forced to use it only in this one specific way, but they can use it for selling btc while waiting for confirmation and so on.
These 3 features are what seperates an expert margin implementation from a default on.

And something that should be self explanatory, but cex.io even failed about this:
Allow closing/settling orders partly and with a limit price! At cex at the moment you can only close the whole position at once and only at market price. So it is absolutely useless and dangerours.

If you have any questions about those features just ask me.

Dear user,

We appreciate much your feedback and thank you for staying with EXMO platform.

Your respectfully, EXMO team

[poordeveloper]

Just received an email linking to these news:

EXMO is ready to announce that it has added KICK, an alternative Ethereum (ETH)-based token on the platform. The following currency pairs will be traded: KICK/BTC and KICK/ETH.

EXMO crypto-platform extended its trading instruments on October 15. KICK Token – first Ethereum smart-contract-based Token, ERC20 has been added to the listing on the platform. Currently, token market capitalization makes $27,6 millions with daily trading volume of $109 888 (according to coinmarketcap.com data). Token audit integration has become possible due to BlockStarter company.

KICK token is a product of a KICKICO crowdfunding company. More than 10 000 backers from all over the world backed up a project. The greatest part of project funds was collected during two first hours since a market launch. The total crowdfunding sum makes 84 000 ETH. EXMO is proud to be able to join the world community to back up KICK token through its integration on the platform. KICK/BTC and KICK/ETH currency pairs are already available in the trading instruments list on “Buy & Sell” page.

It is to be mentioned that previously, TOP-3 Ripple cryptocurrency (XRP) has been integrated on the platform; Monero (XMR) and Tether (USDT) – two popular cryptos were integrated in the beginning of September 2017.

Company is also planning to expand the number of trading instruments on the platform. The choice of currencies will be impacted by survey results, previously carried out among active platform traders.

[FYIcryptoz]

Am I seeing this right that there is no deposit fee for MasterCard on exmo?

[poordeveloper]

I think that's extremely unlikely.

[Exmo]

Am I seeing this right that there is no deposit fee for MasterCard on exmo?

Dear user,

Thank you for your question! There is no deposit fee for MasterCard on EXMO. You can learn more about Fees & Limits on EXMO here.

Your respectfully, EXMO team

[Serpens66]

Am I seeing this right that there is no deposit fee for MasterCard on exmo?

Dear user,

Thank you for your question! There is no deposit fee for MasterCard on EXMO. You can learn more about Fees & Limits on EXMO here.

Your respectfully, EXMO team

Your fee page shows "-".
I thought this does mean that this method is currently disabled?
If it would be no fee, it should be "0%" .. ?

[Exmo]

Am I seeing this right that there is no deposit fee for MasterCard on exmo?

Dear user,

Thank you for your question! There is no deposit fee for MasterCard on EXMO. You can learn more about Fees & Limits on EXMO here.

Your respectfully, EXMO team

Your fee page shows "-".
I thought this does mean that this method is currently disabled?
If it would be no fee, it should be "0%" .. ?

Dear user,

The required option is not available at the moment.

Your respectfully, EXMO team

[MedaR]

Hello,

ZenCash team would like Zen to be listed on EXMO.com.

https://zensystem.io/
https://www.bittrex.com/Market/Index?MarketName=BTC-ZEN
https://bitcointalk.org/index.php?topic=2047435.0

Please inform us about your decision. We would like to cooperate with you.

Thanks!

[Exmo]

Hello,

ZenCash team would like Zen to be listed on EXMO.com.

https://zensystem.io/
https://www.bittrex.com/Market/Index?MarketName=BTC-ZEN
https://bitcointalk.org/index.php?topic=2047435.0

Please inform us about your decision. We would like to cooperate with you.

Thanks!

Hello,

Thank you for your request! You need to redirect it to finance@exmo.com to get the necessary information and instructions.

Your respectfully, EXMO team

[euronash]

Good morning to you good people from EXMO,

I am wondering how long does a verification process last from the moment documents have been submitted/uploaded on your website?

Also, can you please let me know if deposits/withdrawals via Crypto Capital are instant?


Thank you in advance.

Nash

[LEINADbtc]

I might switch from bittrex.
This site kinda looks nice. Don't trade too much so what can I lose..

[vorobeyspb]

I might switch from bittrex.
This site kinda looks nice. Don't trade too much so what can I lose..

Man dont do it.
I wait my 12150 usd more 30 days
By withdrawal wire transfer cryptocapital.
And support dont answer 2 weeks. I translate my story on english and show you

[Serpens66]

@Exmo:
currently API connection is bad and also in my firefox browser your website does not load with error message from firefox, saying "loading was interrupted"

edit:
10 hours later, still horrible API connection.
You really should invest some ressources to improve API and maybe offer an websocket API, at least for orderbook.