EXMO.com - Cryptocurrency Platform Reviews 

275
•
TrustScore 2.5 out of 5

2.4

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

See what reviewers are saying

Rated 1 out of 5 stars

Update: Same issue repeats now after 3 days. Not receiving code again since last night and unable to trade. Looks like this is a start-up trading platform who are still working on technical infrastr... See more

Company replied

Rated 1 out of 5 stars

Almost another month and still not able to deposit any funds directly into my account without using an EXMO gift card. I get the feeling EXMO do not want our money anymore. How can a "reputable" tradi... See more

Rated 3 out of 5 stars

Decent service. Fees too high. The exchange works great. It's quick to trade, deposit, etc. However, the withdrawal of cash back into your bank account is absurd. They charge $22 flat, rather... See more

Rated 1 out of 5 stars

It's a scam. They show prices higher than other exchanges to attract arbitrage traders, and then you can't withdraw the USD of those sells. Then the offer to trade USD for USDT for a crazy price so yo... See more

Company details

  1. Cryptocurrency Service

Written by the company

EXMO is a European cryptocurrency exchange. The platform was established in 2014 and is constantly expanding its functionality, adding new assets to the listing, and, most importantly, increasing the number of customers. More than six years of operation without data leaks and hacks, flexible commissions, and fast technical support – these are among a list of reasons why clients choose EXMO. The exchange team stood at the origins of the crypto business, and during this time, we understood how to make trading convenient. We pride ourselves on EXMO’s simple, intuitive interface, allowing users to begin their journey in crypto-trading easily. Our mission is to be your exchange portal to the cryptocurrency planet! Cryptocurrency is the future, and we will do our best to make this path extremely enjoyable and understandable for you. There are all major fiat currencies in the EXMO listing, as well as an extensive list of cryptocurrencies. We continually update this list according to the wishes of users. Also, at the end of 2019, we released the EXMO exchange token EXMO Coin (EXM). With the offices in Ukraine, Poland, Lithuania and the US EXMO.com employs 200+ people.


Contact info

You should know

2.4

Poor

TrustScore 2.5 out of 5

275 reviews

5-star
4-star
3-star
2-star
1-star

No recent history of asking for reviews

This company hasn't invited customers recently, so reviews may not be representative

Hasn’t replied to negative reviews

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

2.4

All reviews

(275)

15 reviews in the last 12 months

Write a review
Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Deposited money but never showed up in account

I just deposited £200, money left my account but never showed up in my EXMO account and was just classed as error on their side. When trying to get help they ask for photos of everything including card it sent from and bank account screenshot showing money has left... even though I have already provided screenshot on app with the transaction number and everything... terrible experience and loads of hoops to jump through just to see my money... I will withdraw money straight away but bet will have a fee to pay as I am scared of the experience that awaits me to buy and withdraw crypto currency.

15 May 2021
Unprompted review
EXMO.com - Cryptocurrency Platform logo

Reply from EXMO.com - Cryptocurrency Platform

Thanks for your request. As far as we know, your problem was resolved on ticket 852635.

Rated 5 out of 5 stars

Recommendable platform.

I used this platform for over 2 months, good mobile app, easy verification process, low trading fees (for USDT operations), nice notifications system, I enjoyed and like the platform, unfortunately I had to switch to another exchange because they don't have a pair I'm now using (LTC/USDT) and I think is too expensive for me to exchange USD for USDT if I use the LTC/USD pair, for all the other stuff I highly recommend the platform.

27 April 2021
Unprompted review
Rated 1 out of 5 stars

Honest review of EXMO by a user experiencing issues.

WOW where do I start...

1- minimum withdrawal of BTC is 0.005, which was to my concern for most people who invest less than that amount.

2- deposit fees, withdrawal fees, buying/selling fees... fees everywhere. You can purchase a membership plan to reduce this, although the fees add up once you trade in large amounts.

3- Want to top up your account? first buy BTC somewhere else and then transfer. DO NOT use Fiat, I have been waiting to access the USD deposit funds and was met with a deposit error on EXMO despite funds being successfully sent from my bank.

4-Horror stories of users having issues with withdrawals, Lost crypto forever, etc...

5- Just buy BTC and find another platform to trade, there are many others that are much, much better than EXMO.

SAVE YOURSELF THE HEADACHE! Don't give a chance to a company that cannot handle these avoidable mistakes.

by: Unfortunate Exmo user. do not look at the 5 star reviews, these are all from EXMO employees or paid reviews.

17 April 2021
Unprompted review
Rated 1 out of 5 stars

never again

I have used Exmo before. Just sent £20 UK Pounds in BTC to my old BTC address with Exmo. But apparently the minimum is now 0.01 BTC. Anything less is lost for good. What a scam! Imagine transferring money from one bank account to another and then finding out because the amount was not large enough the money was lost for good. Utterly ridiculous. Crypto should be for everyone to trade. I will never use Exmo again and have asked them to close my account

10 April 2021
Unprompted review
Rated 5 out of 5 stars

Nice platform

Nice platform. Suitable even for those who are poorly versed in currency. There is nothing complicated. It is convenient that you can use it in a mobile application.

9 April 2021
Unprompted review
Rated 1 out of 5 stars

THEIR CHARGES ARE A TOTAL RIP OFF! STAY AWAY!

Their charges are a total rip off. Stay away!
£500 paid from my bank account, £489 was credited to my Exo account. I struggled to buy any crypto, got fed-up and decided to withdraw my money. £485.26 is being credited back to my bank account. I have lost nearly £15 just on charges for not trading at all. I am glad I uncovered this because I can't imagine what the fees would be if my £500 investment became £5,000. These charges are ridiculous and I see them as a total rip-off. I would stay away from Exmo.

30 March 2021
Unprompted review
Rated 3 out of 5 stars

Decent service. Fees too high.

Decent service. Fees too high.

The exchange works great. It's quick to trade, deposit, etc.

However, the withdrawal of cash back into your bank account is absurd. They charge $22 flat, rather than a % fee. This makes it a bit ridiculous for smaller investors and traders to use the platform.. find something else with less fees.

Unless you're trading thousands, it's not worthwhile.

22 February 2021
Unprompted review
Rated 1 out of 5 stars

WORST PLATFORM IN THE WORLD, KISS YOUR MONEY GOODBYE

Made and account just to leave a review here and warm everyone of this website. All of the 4-5 star reviews on here are left by their own staff and paid personnel. Where do I start?

Making an account is easy and quick but only because they want your money. Getting your account verified after you've deposited funds is IMPOSSIBLE. N.B. you need your account verified in order to withdraw your money, so if you deposit money and looking to withdraw it, forget about it.

All the 5 star reviews praise the mobile app with let's you now it's their own personnel writing the 4-5 star reviews. The mobile app will never let you log in. Great app, great front. Believe me never use it.

If you have even an iota of sense in your head and your not a stone for brains nitwit believe me. DO NOT USE THIS PLATFORM. This is the realest review from the realest person you can get.

19 February 2021
Unprompted review
Rated 1 out of 5 stars

Crashing and SMS failure

Ref: 815725. I never receive my SMS text after i invested some of my money. Worried as I can no longer access my account. Have sent EXMO and email and still awaiting response.

App keeps on crashing, has crashed on my 3 times in the past two days saying there is maintenance done.

Fairly easy to set up and invest but after.... not the smoothest of rides.

EDIT: this really isn’t going well. Have heard back from EXMO once and they seemed to say it is my phone that is causing the issue. I cannot access my account now and they are slow in their replies. For a brand new customer, this is not a great experience at all.

15 February 2021
Unprompted review
EXMO.com - Cryptocurrency Platform logo

Reply from EXMO.com - Cryptocurrency Platform

Hi, Andrew!
We were exposed to a DDoS attack and therefore there was no access to the site: https://info.exmo.com/en/notifications/important-ddos-attack/
The SMS service was also repaired. hope you come back to our platform. If you have any questions, please contact us.

Rated 1 out of 5 stars

Verification code doesn't arrive to my…

Update: Same issue repeats now after 3 days. Not receiving code again since last night and unable to trade. Looks like this is a start-up trading platform who are still working on technical infrastructure?

Verification code doesn't arrive to my mobile. Been trying since yesterday and have contacted EXMO this morning. Still no response. I've invested some money and now worried what's happening with it. Inquiry # (814397) . I've been using coinbase for past 3 years and never had to face an issue like this. My first attempt to try a different crypto currency exchange EXMO , which is already proving to be a bad choice.

13 February 2021
Unprompted review
EXMO.com - Cryptocurrency Platform logo

Reply from EXMO.com - Cryptocurrency Platform

We are sorry that at that moment we had temporary problems with sending SMS, but now we are already working as usual.

Rated 1 out of 5 stars

Unreliable and won't use again.

Terrible company to deal with, Took my money and came up with excuse after excuse for not returning it. First the IBAN was wrong, (Which it wasn't) Second it was it was blocked by security and I had to select another method of withdrawal, which conveniently cost £20 instead of £3.

Basically lost my money thankfully it was only a small amount and have learnt my lesson.

In reply to your response the ticket number is 810627.

I have since converted my money to Euros and tried again to withdraw it, lets see what excuse you come up with this time.

EDIT: You informed me in Russian the only thing i recognise is SEPA.

Вывод средств через SEPA с данного аккаунта заблокирован и невозможен.
Для успешного перевода выберите другую платежную систему, чтобы осуществить вывод средств.
При возникновении любых вопросов, просьба

12 February 2021
Unprompted review
EXMO.com - Cryptocurrency Platform logo

Reply from EXMO.com - Cryptocurrency Platform

We received information that you tried to withdraw funds without trades, which can be regarded as money laundering. You must comply with the terms of the user agreement.
We also have information that you have made a successful withdrawal.

Rated 1 out of 5 stars

I’ve been trying to get my sms code and…

I’ve been trying to get my sms code and it never comes. I’ve been trying to get through the verification phase for weeks. It always fails! Took me for some money I invested in Bitcoin. I gave up!

9 February 2021
Unprompted review
EXMO.com - Cryptocurrency Platform logo

Reply from EXMO.com - Cryptocurrency Platform

We don't quite understand your problem, if you cannot log in due to SMS, then you can't step to passing account verification.
To help you with verification, we recommend you contact our support team via mail support@exmo.com

Rated 3 out of 5 stars

Shady promotions

They launched New Year's campaign: "Make any trade and get 15 USDT on your account". No funds where distributed. I couldn't even find the original post about it after the end date of this event. Contacted support via mail. No response so far (1 month passed). But I tried the exchange once – funds withdrawal to credit card went smooth. Overall the exchange is ok. But this ad staff had outraged me.

Update: The link that Exmo provided was not the ad that was showed to me. There was no mention that the promotion has been applied only for the first 1000 users. Even if it was mentioned, it was very hard to spot. Not happy with such promotions.

25 January 2021
Unprompted review
EXMO.com - Cryptocurrency Platform logo

Reply from EXMO.com - Cryptocurrency Platform

Hello Anton.
Here is a link to the announcement about the New Year's promotion: https://info.exmo.com/en/contests-and-events/personalized-new-year-promo
Please note that only the first 1000 users who made a trade received a prize.
Also, our support processes all requests within 10 minutes. We didn’t receive your letter, and you can try to send the letter from another mail. 

Rated 3 out of 5 stars

Honestly, I'm getting disappointed with this company

Honestly, I'm getting disappointed with this company because I made my first deposit till now my deposit has not reflected sent a message to your support,not even a response was given. Please I will be glad if something is done about my funding. Thanks.

5 November 2020
Unprompted review
EXMO.com - Cryptocurrency Platform logo

Reply from EXMO.com - Cryptocurrency Platform

Hello!
Please clarify whether you received a ticket number after sending a letter to support. If so, indicate the number?

Rated 2 out of 5 stars

Fees ripoff.

Not very intuitive. Cannot withdraw USD onto card or wire transfer. To withdraw USD must go through proxy companies like PAYEER or ADVCASH (never heard about the companies before), each requiring registration and multiplying withdrawal fees. Would not be surprised if the companies are interlinked. Awfull ripoff to withdraw funds.

31 October 2020
Unprompted review
EXMO.com - Cryptocurrency Platform logo

Reply from EXMO.com - Cryptocurrency Platform

Hello!
We are very sorry that you are facing this problem. Unfortunately, at the moment, withdrawal in USD is only available using the payment systems you specified. We are planning to add a withdrawal to a bank card or bank account.

Rated 5 out of 5 stars

I liked it

For me, EXMO is the best cryptocurrency platform. I started to trade on EXMO and want to continue. That guys are moving in the right direction.

14 October 2020
Unprompted review
EXMO.com - Cryptocurrency Platform logo

Reply from EXMO.com - Cryptocurrency Platform

Hello!
Thank you for your feedback.

Rated 4 out of 5 stars

I've been trading cryptocurrency on…

I have been trading cryptocurrency on EXMO for a little over three months. I had to get the money out urgently, and there's a block. Before that, there were no problems. Turned to technical support, quickly responded and requested some documents. After a short time, the issue was quickly resolved and the conclusion unlocked. Thank you!

10 September 2020
Unprompted review

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look