ExMarkets cryptocurrency exchange is known as one of the largest crypto crowdfunding platforms. This currency trading platform was established in Vilnius, Lithuania in September 2018. It offers spot markets, order books, staking opportunities, an IEO Launchpad, and various asset management tools. Besides, the ExMarkets crypto exchange offers two types of utility tokens – ERC-777 and ERC-20.
KYC/AML requirements are only needed if the demand for withdrawal is above 100 BTC a day. The KYC process requires a national identification document and proof of address.
ExMarkets is a less restricted exchange. It has a strong member community of over 160,000+ and it has hosted more than 60+ initial exchange offerings (IEOs). The platform is available via web and mobile devices.
Markets
ExMarkets doesn’t support derivatives trading. However, the exchange facilitates crypto-to-crypto and crypto-fiat trading with over 80 assets through the ExMarkets spot trading option. The default fiat deposit currency is EUR. Overall, there are over 67 markets, with the most popular ExMarkets trading pairs being ETH/USDT, ETH/ EUR, and BTC/USDT based on the ExMarkets trade volume.
The platform aggregates liquidity for trading eight other exchanges. The Liquidity Framework of the platform combines and adjusts these exchanges. Besides, ExMarkets also offers configurable order books so that they may be built specifically for different customer types based on their needs, objectives, and the sizes of collateral allotted for market making.
The ExMarkets exchange fee for trading stands at 0.12%. This fee is a flat fee, as it is charged for both – makers and takers. Though there's no ExMarkets crypto fee for depositing or withdrawing assets. The only fees that incur during withdrawal are network fees. Besides, note that the only method to deposit fiat into the platform is through wire transfers and the only fiat available for these deposits is EUR.
Other Services
Aside from ExMarkets spot market, the ExMarkets crypto exchange platform supports staking. It allows users to enter staking pools to generate passive income simply by locking their tokens.
ExMarkets also has an IEO Launchpad, which offers a secure and smooth fundraising experience to companies, giving a cost-effective solution to help retain equity ownership. The state-of-art launchpad also gives room for boosting promising blockchain projects in creating awareness and adoption, where different projects can distribute their tokens via IEOs. Over 60 IEOs have successfully been performed.
About the Company
ExMarkets crypto exchange and crowdfunding platform was founded 2018 by Tadas Kasputis. The exchange has obtained two Estonian licenses for custody of funds and fiat on-ramping. ExMarkets has two offices in Lithuania. One office is in Vilnius and the other is in Kaunas. The British Virgin Islands (BVI) company Chain Framework Ltd serves as the exchange's legal body.
To qualify, prepare, and support each project that wishes to list, ExMarkets has a dedicated team that works directly with them. To the fullest extent of their success, ExMarkets understands the importance of liquidity, which is the lifeblood of any exchange. As a result, they have partnered with and spun off from the Zug, Switzerland-based CoinStruction liquidity framework, which aggregates order books from the most well-known cryptocurrency exchanges to ensure 24/7 crypto liquidity.
Although there is no assurance that a hack would never occur, ExMarkets has not yet been the target of any documented hacks.
