EXMO Exchange – Buy and Sell Monero

EXMO is an exchange platform comprising of enthusiastic and committed professionals team, which are assembled from all over the world. The financial advisors are from Singapore, USA and Lithuania and their programmers are from Thailand, Spain, India, and Russia. Their primary goal is to create a convenient and secure cryptocurrency trading platform in the whole world. EXMO exchange supports the Monero, Dash, Bitcoin, Dogecoin, Ruble, Dollar, Litecoin, Ethereum and Euro wallets. The supported coins are Dash, Dogecoin, Bitcoin, Ethereum, and Litecoin.

EXMO Registration

The section will provide an overview of regarding registration process of EXMO account on EXMO.com:

Registration & Login Process

  • Open a new tab and type EXMO.com. Press the enter key, and the homepage will open.
    EXMO Sign up page
  • You can type your email address in the text field with sign-up button, or you can click on the Sign-up button on the top right corner of the website. When you go down to the website, there’s a “Register an account” button to create your free account on the site.
    EXMO Register Account
  • The registration page will open where you will enter your email, username, password and confirm password details.
  • There should be more than five Latin characters in the login section, and the password length should comprise of at least seven Latin characters.
    EXMO Registration Form
  • After Entering the Register button, you will receive the account activation mail in your email-id.
  • When you click the link, your account will get activated, and the message will appear as given below:
    EXMO Account Activation
  • Press the login button to redirect yourself to a login page. After that, the dashboard will open displaying the trading interface of the EXMO bitcoin. If you will log out and try to log in again, the email text field will show “check your email” message in-case you insert wrong email address, or it is empty. You don’t have to fill username in it. Instead, you will fill your email address on which it has been registered.
  • After login in, the dashboard will appear displaying Buy & Sell, Exchange, and Finance menu items.

EXMO Congratulations

EXMO Account Verification

EXMO Authorization

For managing the transactions, especially when you have to make bank deposits, EXMO verification is necessary. The following steps will provide you with the detailed information about how to verify your account:-

  • Go to your user-name menu and click on “Account Verification.”
  • After that, the following form will appear, and you have to fill the following fields:-
    • First Name
    • Last Name
    • Date of Birth
    • Document Series and Number
    • ID Document Expiration Date
    • Color Scan Copy of the Documents

    EXMO verification

    The following list shows the documents requirements that are mandatory for verifying your account on the EXMO:-

    • The duplicates or scanned copies of your documents must be of high quality. Details must be clearly visible for verification.
    • You have to submit colored scan copies, and it must be in the uniform background.
    • All four angles of the documents should be visible. Cropping is not allowed.
    • There must be no irrelevant article or object on the document, which doesn’t have a place with the first. For instance, cuts, fingers, and so forth.
    • Altered or graphically altered reports and the records containing examining/photographic impacts such as blurring and flashlights are not acknowledged.
    • Image format accepted are png, jpg, and size ranging from 500kb to 5mb.

    EXMO Document Requirements

    EXMO Private Messages

    • Click on the “private messages” tab to open your message section.
    • Your messages will be displayed in this section.

    EXMO Referral ProgramEXMO Referral Program

    The reason why users prefer to do their business on EXMO is that of its affiliate referral program. If you introduce your friends to EXMO, you can earn 25% commission, generated by their EXMO transactions. Just follow the following steps:-

    • Click on “Referral Program” tab.
    • Copy your referral code and share it with friends.

    EXMO pays 25% commission when your friend will register on EXMO website with your referral code and make exchange transactions.

    In case you want to add the EXMO bitcoin banner on your website, copy the banner code and add in the code of your site.

    EXMO Cashback

    EXMO Cash back

    Cashback is the part of the commission refund which is paid for the exchange. You will be paid back a small part of the commission generated by the exchanges. It will rely upon a volume of operations conferred as per the exhibited table. Cashback is aggregated through the span of a month and deposited in your account on the first day of the following month. Accumulations for all exchanges will be done in BTC. Operations in different cryptocurrencies or standard currencies will automatically change to BTC.

    EXMO Exchange

    EXMO is among the top ten digital currency trade that enables clients to exchange crypto coins and various fiat monetary forms, for example, the USD (U.S. dollar) and EUR (euros):

    • If you’re XMR cryptocurrency user, you may wish to begin by trading fiat currency with primary currency, for example, bitcoin.
    • It’s conceivable to perform EXMO deposits and withdrawals on exchange portal, store your XMR crypto coins in EXMO’s improved secure wallet, or execute exchanges and arbitrage openings on the brought together EXMO exchange mode stage.

    When performing the exchange of your Monero coins, follow the given steps:-

    • Click the “Exchange” tab.
    • Select the XMR (Monero) that you will be giving.
    • Then select the currency with which you want to exchange your XMR coin with.
    • Press the exchange button.

    Your available balance and the balance after exchange will get displayed on every exchange you are going to make. The exchange history is also given.

     

    EXMO Monero (XMR) Withdrawals & Deposits

    XMR or Monero addresses comprises of 95 characters string, which starts with number 4. Ensure that a four must lead the address you expect to send your XMR tokens to or else, the exchange will fail. A PaymentID is necessary to connect your exchange with your record along with Monero. PaymentID is 64 characters in length and ought to go with trades.

    If you want to perform XMR deposit, follow the given steps:-

    • Click the “Finance” tab.
    • Go down the screen and click the Deposit button given in front of XMR option.
    • Generate the Monero address by pressing “Create Address” button.
    • The minimum deposit amount is 0.1 XMR.
    • Your Monero Address will get generated, which you can copy and use for refilling your account.

    For making Monero withdrawal, follow the given steps:-

    • Click the “Finance” tab.
    • Click the withdraw button in front of XMR option.
    • Fill the withdrawal amount, and the amount that you’ll get is displayed below that.
    • Insert the wallet address that you generated.
    • Click the “withdraw” button.

    XMR Buy / XMR Sell / XMR Trading

    EXMO exchange is one of the trusted cryptocurrency exchange portals. You can buy and sell XMR (Monero) with either BTC (Bitcoin), EURO (EUR) or US Dollars (USD). EXMO clients often comment on how rapidly exchanges are executed. Clients somewhere else tend to grumble about abating affirms as the quantity of blockchain exchange has expanded.

    XMR/USD

    You can change the week trading to day, month, or year trading comparison also. To make the XMR/USD trade, follow the given steps:-

    • Click on the XMR menu as shown in the above figure and then select XMR/USD option.
    • Now, select the limit order section if you want to make limit order trade.
    • In case you want to buy Monero, then fill the total amount you want to purchase. The price will be automatically calculated.
    • Also, the total commission amount will be displayed that will go to the EXMO exchange.
    • If you desire to sell the XMR, then fill the total amount you want to sell in “Sell, XMR” section. The commission will get calculated, and you can sell your Monero.

    For making instant order trade, follow the given steps:-

    • Select the “instant order tab.”
    • Fill the amount you want to buy.
    • Its total cost will be displayed.
    • Then press the “Buy XMR” button.
    • In case you want to sell your Monero; then fill the amount in “Sell, XMR” section.
    • Then press the “Sell XMR” button.

    XMR/EUR

    You can change the week trading to year, day, or month trading comparison also. To make the XMR/EUR trade, follow the given steps:-

    • Click on the XMR menu as shown in the above figure and then select XMR/EUR option.
    • Now, select the limit order section if you want to make limit order trade.
    • In case you want to buy Monero, then fill the total amount you want to purchase. The price will be automatically calculated.
    • Also, the total commission amount will be displayed that will go to the EXMO exchange.
    • If you desire to sell the XMR, then fill the total amount you want to sell in “Sell, XMR” section. The commission will get calculated, and you can sell your Monero.

    For making instant order trade, follow the given steps:-

    • Select the “instant order tab.”
    • Fill the amount you want to buy.
    • Its total cost will be displayed.
    • Then press the “Buy XMR” button.
    • In case you want to sell your Monero; then fill the amount in “Sell, XMR” section.
    • Then press the “Sell XMR” button.

      XMR/BTC

      In the limit order section, there’s a limit for buying and selling of XMR. You need to define the amount and price of the Monero for buying or selling of XMR. The commission of EXMO exchange will automatically be deducted from the balance.

      The instant order section is divided into four quadrants, two is for “Buy, XMR,” and 2 is for “Sell, XMR” section.

    EXMO Customer Support

    If you can have doubts regarding the exchange or other information, then you can get the help of EXMO support team. There are also few frequently asked questions-answers, which can resolve your doubt in few moments. If you are still not satisfied with the answer, then you can proceed with “online chat” or “create a ticket” option.

    When you click on “online chat” button, the following page will open, where can chat and ask questions from EXMO officials sitting over another end.

    In case you decide to generate the ticket, then click on “create a ticket” option and you will be directed to the forum page. Here, you must fill your email address, login, subject, and then in a description, fill your query or request. You can also attach attachments, and then click on submit button.

    Conclusion

    It is a user-friendly exchange platform with a simple user interface, and it is also light-weighted, which means it runs smoothly on every device. EXMO allows an exchange of multiple cryptocurrencies with multiple payment methods. For trading of Monero currency, you need to create a Monero address for deposit and withdrawal processes. The limited and instant exchanging are sufficiently basic for tenderfoots while there are various cryptos offered. Business clients won’t be happy with limited exchanging as EXMO’s functionalities are not too complicated.

    PROs

    • EXMO Monero service is available globally.
    • The website supports the multiple crypto coins, payment methods, and fiat currencies.
    • It also has IP approval function.
    • The website user interface is customer friendly and easily understandable.

    CONs

    • High Fees.
    • Not mobile device friendly.
    • It requires scanned IP for cards and bank transfers.
    • Margin trading too simplified.

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