What Exmo Exchange does

EXMO is a privately held cryptocurrency exchange founded in 2014 and operated by Blue Isthmus Technologies CORP, registered in Panama. The platform serves retail and professional crypto traders across 123+ countries (excluding the UK following 2026 sanctions), offering a Simple Trade one-click interface for beginners alongside an Advanced Trade professional interface with limit, market, and stop orders, plus a multicurrency wallet, OTC desk, EXMO Margin (up to 30x leverage), EXMO P2P, and an Earn staking program. The technical stack includes a REST and WebSocket API for algorithmic trading, native iOS and Android applications, and a native ERC-20 utility token (EXM) with approximately 374 million tokens in circulation.

The business model is primarily transaction-fee based: a flat 0.1% maker/taker commission on spot and margin trading, supplemented by withdrawal and deposit fees, EXMO Premium subscription packages (purchased in EXM, providing 10%-100% fee discounts over 30-day periods), and a token-economy revenue layer (EXM staking at up to 17.5% APY, airdrops, zero-fee EXM pairs). Customer acquisition runs through product-led self-serve onboarding, a referral program offering up to 40% commission, and a professional affiliate program offering up to $50 CPL, up to $110 CPA, and up to 50% revenue share, complemented by multilingual content marketing and active social channels.

EXMO's operating history includes a December 2020 hot-wallet security breach (with an unresolved 29.4% asset shortfall), a 2022 rebrand, and the April 2022 divestiture of its Russia, Belarus, and Kazakhstan operations. Most significantly, on July 14, 2026, the company commenced an orderly wind-down following UK financial sanctions affecting EXMO.com group legal entities, halting new registrations and deposits and restricting trading to position-closing only. A USDRecover (USDRec) debt-claim token was introduced to address user shortfalls, and the company is no longer operating as a going concern.

Name

Exmo Exchange

Legal name

Blue Isthmus Technologies CORP

Website

https://exmo.com

Company type

Private

Founded year

2014

Operating status

Closed

Headcount range

501–1,000 employees

Short description

EXMO is a cryptocurrency exchange founded in 2014 and operated from Panama, offering spot and margin trading, staking, and wallet services to retail traders across 123+ countries. The platform is undergoing orderly wind-down following UK sanctions imposed in July 2026.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (523210)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Digital Asset/Crypto Trade Execution Platforms (FSAFANAO)

akta.pro secondary industries

Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG), Managed Accounts, Separately Managed Accounts (SMA) & Funds Platforms (Crypto) (FSADAHAM)

Keywords

• Cryptocurrency exchange platform
• Spot crypto trading
• Margin crypto trading
• Crypto staking services
• Multicurrency digital wallet

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations, Others

Revenue model

1. Trading Commissions: EXMO charges trading fees on crypto-to-crypto transactions. Standard trading commission is 0.1% for both maker and taker orders, with volume-based tiers and EXMO Premium discounts reducing fees up to 100%
2. Trading Commission: Trading commissions apply to all cryptocurrency pairs (Advanced Trade) including crypto/crypto, crypto/USDT, and crypto/fiat pairs. Simple Trade also charges commissions on transactions
3. EXMO Premium Subscriptions: Revenue from purchasing Premium packages using EXMO Coins, providing fixed trading fee discounts from 10% to 100% for 30-day periods with automatic renewal option
4. Withdrawal Fees: Fees charged for cryptocurrency and fiat withdrawals, which may be increased during platform wind-down conditions according to recent announcements
5. Deposit Fees: Fees may apply for various deposit methods including bank transfers and card transactions

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

EXMO operates a global cryptocurrency exchange platform that enables users to buy, sell, and trade digital assets through a beginner-friendly Simple Trade interface and a professional Advanced Trade interface. The platform anchors trading with a multicurrency wallet, supports margin trading up to 30x, peer-to-peer trading, an OTC desk for large-volume transactions, and an Earn program for staking-based passive income. A native ERC-20 utility token (EXMO Coin / EXM) and EXMO Premium subscriptions provide trading fee discounts of up to 100%.

Product overview

EXMO is a cryptocurrency exchange platform operating since 2014, providing a suite of integrated trading and financial services. The core offering comprises Simple Trade (one-click buying/selling) and Advanced Trade (professional charting and order book trading) anchored by a Multicurrency Wallet. The ecosystem is extended through a native utility token (EXMO Coin / EXM) powering the EXMO Premium fee-discount program, an Earn staking program with Fixed and Flexible APY options, and a Referral/Affiliate program for user acquisition. Additional modules include OTC Trading for large-volume discreet trades, EXMO Margin for leveraged positions (up to 30x), EXMO P2P for peer-to-peer trading, a public API for developer automation, and native iOS/Android mobile apps. The platform also supports fiat on-ramps (Buy Crypto) and accepts NGN/BRL deposits with 0% fee. EXMO is currently undergoing an orderly wind-down following UK financial sanctions.

Differentiator

Problem solved

Functional benefit

Brands

• EXMO Coin (EXM): The utility token of the exchange, powering key features and offering exclusive benefits to holders. ERC-20 token with smart-contract address 0x83869de76b9ad8125e22b857f519f001588c0f62.
• EXMO Premium
• EXMO Megadrop

Products and services

• Simple Trade One-click cryptocurrency buying and selling interface designed for beginners, enabling instant trades at current market prices without navigating advanced charting or order book tools.
• Advanced Trade Full-featured spot trading interface offering detailed charting, multiple order types (market, limit, stop), order books, and real-time market data across all supported trading pairs.
• Multicurrency Wallet Unified cryptocurrency wallet supporting storage, deposit, and withdrawal of multiple digital assets, with transaction history, analytics section, and fiat currency deposits via bank transfer and card.
• Earn Program Staking program offering Fixed and Flexible APY options on supported digital assets, allowing users to earn passive rewards, including up to 5% APY on BTC and ETH and up to 17.5% APY on EXM staking.
• EXMO Coin (EXM) Native ERC-20 utility token with smart contract address 0x83869de76b9ad8125e22b857f519f001588c0f62, providing up to 100% trading fee discounts via EXMO Premium, staking up to 17.5% APY, airdrop participation, and zero-fee trading on EXM pairs. Initial supply 2,000,000,000 EXM with ~374,401,934 in circulation.
• EXMO Premium Subscription-based fee discount program offering fixed Taker and Maker fee discounts from 10% to 100% for 30-day periods, purchased with EXMO Coins with automatic renewal option.
• Referral Program Commission-sharing program where users earn up to 25% (40% with EXM) of trading commissions from referred users, paid in the transaction currency of each trade.
• Affiliate Program Partner program offering up to $50 CPL, up to $110 CPA, and up to 50% commission on referred user trading fees, with dedicated affiliate manager and real-time reporting across 123+ countries.
• EXMO Public API Developer-facing API providing programmatic access to trading engine, wallet operations, and market data via REST and WebSocket protocols, with API key and optional TOTP authentication and unlimited access by application.
• EXMO Mobile App Native mobile applications for iOS (App Store) and Android (Google Play, APK) enabling users to trade, manage wallets, and monitor markets on the go, including iOS home screen widget access.
• OTC Trading Desk Over-the-counter trading service for large-volume trades executed directly without affecting market prices, targeting institutional and high-net-worth traders requiring discreet transactions.
• EXMO Margin Margin trading service offering leverage up to 30x on 12 top-tier trading pairs, allowing users to amplify deposit efficiency through borrowed funds for both long and short positions.
• EXMO P2P Peer-to-peer trading platform enabling direct crypto transactions between users via offer-based maker orders and taker-driven execution.
• Buy Crypto Instant cryptocurrency purchase service allowing users to buy digital assets with fiat currencies (USD, EUR, NGN, BRL, PLN) via bank transfer or card payment through third-party payment providers.
• EXMO Crypto Bundles Themed token bundles offering diversified exposure to groups of related cryptocurrencies, including 'Safe Bundles' for low-risk investments and 'Alternative Bundles' for higher-volatility themes.
• EXMO Save Ukraine Charitable initiative accepting cryptocurrency donations (BTC, ETH, USDT on ERC-20 and TRC-20, LTC, DOGE, XRP, ETC, BCH, TRX, NEO) to support Ukrainian civilians and children affected by the war.
• USDRecover (USDRec) Debt Claim Token Debt claim token introduced during platform wind-down representing a 29.4% shortfall recovery mechanism for users affected by the 2020 hot wallet hack and UK sanction-related asset freezes.

Quantifiable outcome

• Up to 100% trading fee discount with EXMO Premium packages
• +3 more outcomes

Segments4 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core and minor.

• SumsubcoreTechnology or Integration · 2 July 2019Partnership for better customer onboarding and swift KYC. Sumsub provides identity verification and KYC services to streamline user registration and compliance processes on the EXMO platform.
• Widzew LodzminorGTM or Marketing PartnerFootball club sponsorship in Poland. EXMO served as sponsor of Widzew Lodz, a Polish football club, as part of market entry and brand building activities in Poland.
• Media Partners (CryptoNinjas, Bitcoin.com, FFNews)minorGTM or Marketing PartnerPress coverage and media partnerships including CryptoNinjas (rebrand announcement), Bitcoin.com (Russia/Belarus business sale), and FFNews (Sumsub partnership announcement) providing earned media coverage.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• HTX (formerly Huobi): Global CEX offering spot, margin, derivatives, and Earn programs with a multi-country footprint — comparable to EXMO's broad geographic distribution and tier-2 volume profile.
• KuCoin: Mid-tier global CEX offering spot, margin, futures, P2P, and Earn products with a comparable 123+ country reach and similar altcoin depth — the closest competitive analog to EXMO's positioning.
• Bybit: Derivatives-heavy CEX with margin trading up to 100x, plus spot and Earn — comparable to EXMO's recent 30x leverage expansion and active-trader product focus.
• Binance: World's largest centralized cryptocurrency exchange by volume, offering spot, margin, derivatives, P2P, and Earn-like products across 100+ countries — directly comparable to EXMO's full product suite and global footprint.
• Bitstamp: European-anchored long-running CEX (founded 2011) with strong EUR fiat rails — a direct peer to EXMO's European user base and fiat-crypto pairs.
• Kraken: Established US-based CEX with a security-first reputation, offering spot, margin, futures, and staking — a direct peer with similar longevity (founded 2011) and a comparable European user base.
• MEXC Global: Mid-tier global CEX with deep altcoin listings, futures, and Earn — comparable to EXMO's positioning as a tier-2 exchange serving retail and active traders across emerging markets.
• Coinbase: US-headquartered publicly listed CEX offering spot trading, staking, and advanced trading APIs — a direct peer in the centralized crypto exchange category, with stronger regulatory standing.
• OKX: Global CEX with spot, margin (up to 100x), derivatives, P2P, Earn, and a native utility token (OKB) — directly comparable to EXMO's product breadth and EXM-style token economy.

Broad incumbents

• Crypto.com: Established CEX with an attached Visa card, native CRO token, and broader consumer crypto ecosystem — a broader incumbent that overlaps with EXMO's spot, staking, and token utility mechanics.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/exmo_com
• YouTubeyoutube.com/channel/UCaorWTu0XUUPEeBbq8cpx9w
• Facebookfacebook.com/exmo.market
• Instagraminstagram.com/exmo_exchange

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Exmo Exchange