What is Bitcoin? & How Does it Work?

Bitcoin is the main digital cryptocurrency with total market capitalization of about 7 billion dollars (at the beginning of 2014). Bitcoin is a peer-to-peer currency; it means that there is no central authority that issues

new money or tracks transactions. All the above-mentioned tasks are carried out collectively by the Bitcoin network. Bitcoin works using peer-to-peer and proof-of-work principles. Each payment transaction is broadcast to the Bitcoin network peers and is considered valid only after other peers have confirmed it. It means that you can make and receive money transfers or purchase goods online anonymously and paying very low fees (if paying). To start a bitcoin account go to Exmo.

What is Exmo?

Exmo.com is a virtual exchange platform that permits its users to carry out secure trading operations with cryptocurrency. It offers a broad range of deposit and withdrawal methods, as well as provides users with the most complete set of trading tools. 
It is important to understand that the platform itself does not sell or purchase anything: nor does it influences the currency rates in any way.
Exmo.com just takes a fee, estimated at 0.2% of each transaction, for the sake of providing a secure and reliable service for its users.
Before you start the registration process, please read the following documents:

-The User Agreement

-Anti-money laundering and counter terrorist financing policy

-The agreement on onerous alienation of rights on cryptocurrency

-Privacy Policy

How does EXMO work?

We accept cash and cryptocurrency assets from our users in order that they may carry out trading operations with the funds they have placed in their personal accounts. In other words, we permit our users to exchange and interchange fiat money for cryptocurrency and vice versa. The platform itself does not purchase nor buy anything, and the above-mentioned operations are carried out exclusively by the users.

Is EXMO Safe?

The Safe and secure storage of our clients’funds and data is our top priority. We provide guarantee security for our clients. In order to ensure safety of our platform we have already taken all the necessary steps and always continue to improve our system. However you should be aware of the fact that we cannot guarantee the safety of the funds stored in your home-computer. That is why we advise you to undertake some of the below-mentioned measures to keep your wallet safe: 
- use the official wallet to store your currency
- encrypt your wallet in the wallet client
- always use certified antivirus software 
- make sure that (No one)! except you can access the computer where your wallets and passwords are stored. 
Remember that the safety of your funds after withdrawing them from our platform is depended solely on you. You can get more information about our Privacy Policy and personal data protection here.

How can I start trading on EXMO?

It is not necessary to have any special skills or experience to start trading on Exmoney.com. We have made the trading process as functional and as simple as possible so that anyone will be able to master it. 

The first step is to create a new user account. To do this, click on the ‘Register’ button and follow the instructions. For your own safety it is recommended to use complex passwords that include upper and lowercase characters, numbers and symbols. (Here is an example of a secure password: kgi6j%*)9zhG78(&#!gH). You can then deposit funds in your account using one of the many methods listed in the Wallet. 

After adding funds to your personal account you will then be able to buy or sell cryptocurrency using the general or advanced mode of trading. For beginners, we recommend the ‘Exchange mode, while professional traders can go directly to the Trades mode.

Our platform automatically finds the best offers and displays all of them on the main page, as well as in your personal account.

What is the difference between Exchange and Trades?

We endeavor to provide the most convenient and comfortable mode of trading for all users. It is precisely for this reason, we have taken into consideration the experienced user, as well as those users who simply don't have enough time or the desire to understand every aspect of the trading process. 

Our platform contains two modes of trading: 
1. The Exchange mode is perfect for those who want to buy or sell cryptocurrency, but: - are using this type of platform for the very first time in their life and are not yet familiar with all of its features; 

- are not interested in Trading and just want to invest in Bitcoin or other cryptocurrencies because they believe that in several years these cryptocurrencies will increase in value; 

- do not want to understand the details of the process, but think that they can predict changes in currency rates and want to earn profits.

2. The Trades mode is designed for those who want to buy or sell cryptocurrency/fiat money and, have experience in trading on similar platforms or at least have read the FAQ carefully. They are very interested in Trading as well as in the additional tools for in-depth trading. Therefore, every user can choose the trading mode which best suits them.