WHAT TO TRADE ON EXMO: AN OVERVIEW OF TRADING TOOLS
We have prepared an overview on the trading tools of the EXMO CRYPTOCURRENCY EXCHANGE. In the article we are examining the modes "Fast Trades", "Advanced Trades" and the margin platform.
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Attention! This article is for informational purposes only and does not contain recommendations or calls to action.
The review has been prepared by the CScalp terminal team. You can get CScalp by leaving your e-mail in the form below.
The review has been prepared by the CScalp terminal team. You can get CScalp by leaving your e-mail in the form below.
Contents
Overview
Spot and margin platforms (EXMO Margin) are presented on the EXMO exchange. Complex instruments like futures are not implemented. Trading on the spot platform takes place in the mode of fast trading and advanced trading.
The fast trading mode is an exchanger – the user can buy/sell cryptocurrency in a couple of clicks. In the extended mode, the use of limit, market and stop orders is available.
The main interest for active traders on EXMO is the margin platform. Let's examine it in greater details.
The main interest for active traders on EXMO is the margin platform. Let's examine it in greater details.
EXMO Margin
The key difference between the margin platform is the ability to use leverage. The maximum leverage is 10x and depends on the specific trading pair. At the moment, 24 trading tools are presented on EXMO Margin.
Trading pairs with leverage of 10х: BTC/USD, ETH/USD, XRP/USD, BTC/USDT, ETH/USDT, XRP/USDT.
Trading pairs with leverage of 5х: ADA/USD, LTC/USD, DASH/USD, ZEC/USD, BCH/USD, DOGE/USD, ETH/USD, EOS/USD, DASH/USDT.
Trading pairs with leverage of 3х: EXM/USD, TRX/USD, XLM/USD, EXM/USDT, BCH/USDT, NEO/USD, XEM/USD, ALGO/USDT.
The EXMO margin platform offers a wider range of orders than the spot platform. In addition to the standard limit, market and stop orders, trailing stop and stop limit orders have been implemented.
The EXMO Margin platform operates according to the principle of an isolated margin: the trader's losses on one position will not be covered by another.
There are low commissions on EXMO Margin, which would be beneficial especially for scalpers. The commission for makers is 0%, for takers 0.05%.
To trade on the EXMO margin platform, you must pass verification. We wrote about the verification procedure in a separate instruction.
Trading pairs with leverage of 10х: BTC/USD, ETH/USD, XRP/USD, BTC/USDT, ETH/USDT, XRP/USDT.
Trading pairs with leverage of 5х: ADA/USD, LTC/USD, DASH/USD, ZEC/USD, BCH/USD, DOGE/USD, ETH/USD, EOS/USD, DASH/USDT.
Trading pairs with leverage of 3х: EXM/USD, TRX/USD, XLM/USD, EXM/USDT, BCH/USDT, NEO/USD, XEM/USD, ALGO/USDT.
The EXMO margin platform offers a wider range of orders than the spot platform. In addition to the standard limit, market and stop orders, trailing stop and stop limit orders have been implemented.
The EXMO Margin platform operates according to the principle of an isolated margin: the trader's losses on one position will not be covered by another.
There are low commissions on EXMO Margin, which would be beneficial especially for scalpers. The commission for makers is 0%, for takers 0.05%.
To trade on the EXMO margin platform, you must pass verification. We wrote about the verification procedure in a separate instruction.
Conclusion
The EXMO Margin platform is suitable for beginners in active trading. This is due to low commissions and the safety of positions in margin trading. It is worth considering that the margin platform became publicly available only in April 2021. More trading tools may appear on the platform in the future.
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If you have any questions, just contact our platform’s support via Telegram at @CScalp_support_bot. We will respond in a matter of seconds.
You can also visit our Discord channel and subscribe to the CScalp TV YouTube channel.