Today, cryptocurrencies capture an increasing part of the market space. Nowadays, several types of receipt of such cash equivalents have appeared. You can exchange them for national currencies at special exchanges, one of which is Exmo, where very favorable conditions for cryptocurrency input-output are offered to customers. In addition, on the most popular exchange of the Russian-speaking Internet, a client can also make money on currency transactions.
What makes her stand out?
Among the main advantages that the Exmo exchange possesses are:
• Ease of use of the service. The exchange website exists in two versions: Russian and English. The interface is elementary, and the functionality can be easily mastered in just a few minutes. For faster and easier operations, the service has special technical equipment.
• The ability to exchange six different currencies: Russian ruble, BitCoin (BTC), US dollar, DOGE, LTC, Euro.
• Options for entering and withdrawing currencies. Among the popular payment systems you can use WebMoney, Yandex Money, VISA / MASTERCARD, QIWI.
• The profitability of operations. Both when entering and when withdrawing money on the cryptocurrency exchange, either a commission is not charged, or its size is minimal. When making any types of transactions, a percentage of 0.2% of this transaction is accrued.
• Security of any action. Exmo Exchange provides absolute security for any transactions made by customers. From the technical side, money for Exmo is protected from hacking, from theft by third parties and from all kinds of code errors of the most popular Bitcoin cryptocurrency.
• The support service works very quickly and efficiently, feedback responds to each message in just a few seconds. This allows customers to more efficiently spend not only money, but also their time.
• At Exmo, you can make currency exchange operations with various users at the latest market rate.
Exmo-exchange - how to work on it?
As already noted, the service interface is very simple and intuitive. In addition, special tools have been developed for professional traders on the exchange, including:
1. The issuance of loans.
2. Stopploss - a tool that allows you to limit losses, and when prices fall, the currency will be sold even without a command from the client. At the same time, a bot for the Exmo exchange will not be needed for every transaction.
3. Trailingstop - a tool that deactivates the "Sales price" field and enters another value - Trailingstop.
4. A complex purchase-sale order is a tool that can come in handy when buying a currency at a price lower than the market price, and then selling the same currency at a price set by the client.
Exmo cryptocurrency exchange is a project that took more than a year to develop, and when it was created, all the main disadvantages of other services were taken into account so as not to repeat their mistakes. The exchange is focused on users - in order to make transactions easy and convenient.
How to get started with cryptocurrency exchange?
To understand how to trade on Exmo, you need to register on the site. When you create an account on the resource, you will have a personal account of the user, where you will have all the necessary functionality, including profile, wallet, bidding, news, help and more.
Using the "Wallet" tab, you can deposit any currency that you need. After choosing the currency and the best way to replenish, click "Top up balance". The bulk of users work with the BTC / RUB, BTC / USD and LTC / RUB tabs, and the necessary currencies are configured in the "Wallet-settings" tab. In this regard, it is very convenient Exmo. The exchange works simultaneously with conventional and cryptocurrencies, which is not so common.
When you first conduct a transaction to withdraw BTC or LTC, you will be assigned a personal wallet for working with cryptocurrencies. After confirming the network, the first transfer of funds occurs. The user can also view the history, where data on all inputs and outputs of funds will be indicated.
What is needed for productive work?
For the main work on the cryptocurrency exchange, you need the “Trades” tab, where you can view the course for all pairs, track the fluctuation chart for the last month or year. For bidders there is also a special online chat, and at the bottom there are glasses of sale and purchase of currency. In the “Completed” and “Open” windows, you can see all active orders of other bidders that are provided for the purchase or sale of currency. Exmo Exchange is convenient in that it allows you to make transactions almost immediately after registration.
Key tools and their meaning
Exchange tools allow you to conduct operations both for experienced customers and ignorant beginners. You can exchange currency with ordinary users as well as with experienced traders who use complex schemes and exchange tools. It is for traders that a credit system, orders for the purchase and sale of cryptocurrencies, tools like Trailingstop, Short, StopLoss and much more have been introduced. How to trade on Exmo? The strategies here are numerous. Permanent participants of the Forex market, for example, will very quickly and appreciate the service tools.
Fundamental principles
The main principle of the exchange is interaction with users and constant consideration of their needs. The service will be improved in the future, new functionality will appear and new cryptocurrency pairs will be introduced.
Exmo-exchange guarantees users the safety of their funds, and everyone can collaborate with it, as the service focuses on the further development and distribution of cryptocurrencies in our country.
What are the key features?
Exmo is a unique project, the development of which took more than a year, and during the creation of which all the main errors of other services were taken into account so as not to repeat the negative experience. Therefore, it can be considered the most high-quality, reliable and safe among similar cryptocurrency exchange resources.
Exmo exchange, reviews of which are mostly positive, has very significant advantages compared to similar resources. First of all, two features of the project should be distinguished:
• Commission for each transaction in the amount of 0.2%.
• Ability to use full-fledged exchange instruments.
Exmo Exchange does not charge fees for depositing funds and is limited only by the minimum rates of payment systems. Therefore, the commission can be considered the smallest among all exchanges in which cryptocurrency exchanges are made.
During the development of the project, mistakes made by other services were taken into account and could harm the security of stored data, access to individual accounts, security of operations for depositing or withdrawing funds, information about users and, in fact, storage of fiat money and cryptocurrencies. Exmo has addressed and resolved issues such as transaction elasticity.
What was taken into account when developing the project?
The usability of Exmo is very convenient, as it was developed with the optimization and participation of users of other exchange systems. The creators of the project even took into account the experience and opinion of completely strangers who have never used such services. This was done for one purpose - to find out how convenient it is to work with the created exchange.
The authors of the service have developed an optimal concept, which is constantly being amended. Any advice and recommendation from users will help to further improve Exmo, make quality improvements and make the exchange the best place to exchange cryptocurrencies. According to the official website of the project, opinions and user reviews are mandatory considered and taken into account. With a certain set of wishes, repeated many times from a large number of users, it is possible to make changes to some positions.
Trying to develop a project suitable for any circle of users, the authors created a high-quality service, which includes the availability of a quick support service and feedback. Exchange specialists are ready to answer questions at any time, even on holidays and weekends, and try to clarify all the difficult and incomprehensible nuances.
Cryptocurrencies new and old
On the exchange, you can change not only the most popular and well-known Bitcoin, but also other cryptocurrencies, for example Litecoin and Dogecoin. The list of cryptocurrencies is constantly changing and replenishing, and the user can enter and withdraw Russian rubles for their further exchange for electronic equivalents. In this regard, you can find such a service name as "Exmo Bitcoin Exchange".
How to make money on Exmo Exchange
The platform is ideal for beginners who want to exchange electronic money at the market rate, as well as for traders interested in complex exchange tools. As already noted, the developers implemented the following tools on the resource: lending, a complex buy and sell order, Short, StopLoss, Trailingstop and much more.
All this allows not only to invest your money or exchange electronic money, but also to make a profit on an ongoing basis. Everyone knows the principle of the Forex market - the prices of currency units are in constant motion, and if you correctly calculate their ups and downs, you can get significant profit. The essence of such earnings is in the profitable purchase and sale of monetary units. Through the described service, the user has a similar opportunity to make money on currency fluctuations, but the choice of trading tools is much wider. Using the exchange, you can trade not only generally accepted currency pairs, like on Forex, but also exchange rubles for cryptocurrency and vice versa. Since this type of currency trading is not very widespread in Russia, technical support of the service on a 24-hour basis is ready to provide assistance and give tips.
Exmo Exchange, which has appeared recently, is constantly evolving, is in dialogue with users, and tries to take their needs into account to the maximum. In the near future, Exmo plans to expand the number of currency pairs, exchange instruments, and optimize usability. Therefore, if any of the users wants to give the company advice, express their opinion or make an interesting proposal, then you can send feedback via Skype exmsupport. The authors of the project claim that every appeal will be heard. Such a system is unique in its kind, so user reviews instantly attributed this feature to positive features.
Principles of legality and protection of rights
Legality is one of the most important principles of the trading system, which will help protect users and their money. The work is carried out in full accordance with the laws of the United Kingdom, and the project lawyers are constantly monitoring regulatory acts and developing documentation in order to protect the interests of the exchange and its customers within the legal framework.
Protective system
The developers guarantee that the service provides a guarantee of the safety of funds, which are not threatened by either hacking or cryptocurrency code errors. To ensure the safety of users ’funds from potential theft by unknown persons, a special protection system was developed together with partner major payment systems.
Exmo supports any initiatives related to the development of the cryptocurrency industry in Russia and their further dissemination as an instrument of freedom and financial independence. This exchange is a partner of the Bitcoin conference, which can contribute to a breakthrough regarding cryptocurrencies in Russia.
Exchange Disadvantages
However, if we analyze the reviews about the project, it can be noted that shortcomings are also present. As some users report, when exchanging electronic currencies, system failures sometimes occur, and money does not immediately come to the account.
Also a big minus is the commission for withdrawing funds from the system - in some currencies it can reach 6%.