EXmarkets Review

EXmarkets is a platform where you can buy, sell, and trade various cryptocurrencies. With its easy-to-use design and wide range of digital assets, EXmarkets is popular among both new and seasoned traders. This review will discuss its main features, pros, and cons, helping you decide if EXmarkets is the right choice for your cryptocurrency trading.

🏢 Headquarters	Tortola, British Virgin Islands
🗺️ Company Name	EXMARKETS
🗺️ Foundation Year	2017
🗺️ Company Address	NA
🗺️ Website	https://exmarkets.com
🗺️ Contact	NA
💻 Regulatory Status:	No Regulation
🗺️ Type of License	No license
💰 Should I trade with it	No (We don’t recommend)
⭐ Scope of Business	Suspicious

What is ExMarkets?

ExMarkets is a cryptocurrency exchange that started in 2017. It lets you trade digital assets, list new coins, and support promising blockchain projects. Over 160,000 users are part of the ExMarkets community. They enjoy functional trading terminals, a wide range of assets, and responsive online support. The exchange lets you combine active trading with passive investing. You can also earn profits by holding digital currencies available on the platform. Additionally, affiliate programs are available.

Commissions and Fees

ExMarkets exchange charges 0.12% of the transaction amount for takers and makers trading ETH/BTC, LTC/BTC, LTC/ETH, DASH/BTC, and DASH/ETH pairs. For other cryptocurrencies, the commission is 0.1%. Depositing funds on ExMarkets is free. The withdrawal fee is dynamic, based on current network conditions. On average, the fee is 0.0005 BTC, 10 USDT, 0.008 ETH, or 0.01 LTC. We have calculated the average commission for a $1,000 transaction, shown in the table below.

Pros and Cons

Pros	Cons
You can register quickly and easily.	Leverage trading is not available.
You can deposit and withdraw funds in 177 different cryptocurrencies.	You cannot deposit or withdraw fiat currencies.
Trading fees are low.	To start trading, you need to deposit at least 0.005 BTC (around $110), while other exchanges do not have minimum deposit requirements.
You can participate in staking without passing KYC.
Referral programs are available.
There are no fees for depositing funds.
Support is responsive through messengers, social networks, and online chat.

Deposit Methods

This trading platform lets you deposit money through wire transfer, but not with a credit card. This is inconvenient if you prefer using a credit card. Also, you can only use wire transfers for EUR deposits. If you need a platform where you can deposit fiat currency with a credit card or wire transfer in a currency other than EUR, use our Exchange Finder or the filters in our Exchange List to find the right trading platform for you.

Is ExMarkets safe or a scam?

No, ExMarkets is not safe. We’ve known for over a year that they work dishonestly and have poor performance. Waiting times are very long, and they target beginners, making them an easy target. This raised doubts about choosing them as a broker.

ExMarkets offers a wide range of assets, low commissions, and allows both active and passive strategies. However, their deposit requirements are not very friendly, and they don’t offer margin trading. Based on reviews, most clients are unhappy with this broker, so we do not recommend working with them.

FAQs

What is ExMarkets?

ExMarkets is a cryptocurrency exchange platform that allows users to trade, list new coins, and support blockchain projects. 

Is ExMarkets a safe platform for cryptocurrency trading?

No, ExMarkets is considered unsafe due to dishonest practices, long waiting times, and poor performance.