Exmo is a cryptocurrency exchange that allows for the exchange and trading of cryptocurrencies. The exchange section of the website allows for the usual fiat-bitcoin, while when it comes to trading, Exmo allows for speculation on a wide range of cryptocurrency assets. These include betting on assets rising or falling, along with a number of other speculation methods.
Exmo can be used in most countries around the world, but notably users from the US cannot use the platform. There are regulatory prohibitions that stop US traders using platforms with brokers regulated outside the US.
Exmo imposes lower limits on deposits made using cryptocurrencies as the means of payment. Any deposits that are lower than the minimum deposit limit are not usually enrolled in the system. These funds are not returned to the user. There are no maximum limits on what can be deposited. Minimum fees are charged for each transaction. This is set at 0.2%. Other fees are incurred and these are limited to what is charged by the payment processing companies only.
For security, Exmo uses SSL as well as other methods. These include cold wallets, 2FA, and IP recognition.
Exmo offers a comprehensive knowledge base that answers most cryptocurrency questions, while also using email customer support. Exmo has a chat facility too.
While Exmo has proved to be popular, there have been a number of accusations of foul play against the exchange. These include reports over the years of traders being unable to make withdrawals during key trading periods. This sort of behaviour has led to the downfall of other exchanges, so a degree of caution is advised if choosing to use Exmo.
Protecting Your Cryptocurrency And Staying Safe on Exmo
Cryptocurrency and the blockchain stand to be a major driving factor in the technology of the future. However this popularity has attracted an element of cybercrime. There are several tools internet users should use to increase their online protection. One of these tools is SaferNet.
SaferNet is the perfect solution to the cybersecurity issues that individuals, families, and businesses face today. It not only connects every device using a secure, 24/7 always on, military grade VPN, but it also stops outside cyberthreats, malware and viruses as well. On SaferNet, all users are protected anywhere in the world, all the time, on any cellular or Wi-Fi network. In addition to SaferNet’s VPN and cyber protection, it also offers a range of employee or parental/family internet controls including internet filtering, monitoring, scheduling, and blocking access to websites or even entire website categories
Typically, a user would need 3 separate services for a VPN, Malware Protection, and Internet Controls; SaferNet offers all 3 features in one service. SaferNet truly is an endpoint security presence that can be implemented in minutes around the world, on phones, laptops, tablets, and computers at an economical price point that caters to all internet users. SaferNet guarantees a smooth setup and installation process that takes only minutes, and an easily accessible control hub for you to monitor all your employee’s or family members devices; including activity, time spent online, and threats blocked.