Cryptocurrency Q&A
Is Exmo a legit crypto exchange?
Is Exmo a legit crypto exchange?
Lucia
Sat Sep 07 2024
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6 answers
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Could you please provide some insights on whether Exmo is a reputable and trustworthy cryptocurrency exchange? As a potential user, I'm concerned about the safety of my funds and the reliability of the platform. Are there any red flags or concerns that I should be aware of before using Exmo? It would be greatly appreciated if you could share your knowledge and experience with this exchange.
6 answers
DongdaemunTrendsetterStyleIcon
Mon Sep 09 2024
Exmo stands as a reputable cryptocurrency exchange, ranked 109th globally by Coinmarketcap. This ranking is based on comprehensive criteria including traffic, liquidity, trading volumes, and trustworthiness of reported trading volumes.
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DaeguDivaDanceQueenElegantStride
Mon Sep 09 2024
The exchange boasts a significant daily transaction volume of approximately $45 million, underscoring its robust activity and popularity within the crypto community.
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Maria
Mon Sep 09 2024
Among the various trading pairs available on Exmo, the BTC/USD and ETH/USD pairs consistently dominate the trading volume, reflecting the strong demand for these two major cryptocurrencies.
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Caterina
Sun Sep 08 2024
BTC/USD trading on Exmo not only facilitates the exchange of Bitcoin for US dollars but also contributes significantly to the overall trading volume of the exchange, making it a popular choice for traders looking to capitalize on Bitcoin's price movements.
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KpopHarmonySoulMate
Sun Sep 08 2024
Similarly, ETH/USD trading offers traders the opportunity to buy and sell Ethereum, another leading cryptocurrency, against the US dollar. The pair's high trading volume on Exmo highlights the strong interest in Ethereum and its potential for growth.
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