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EXMO Coin Stock

EXMO Coin

EXM

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EXMO Coin Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
EXMO.MEEXM/USDT0.011,458.67312.04162,282.50cex37/9/2025, 6:12 AM
EXMOEXM/USDT0.011,414.76312.04161,787.370.47cex1317/9/2025, 6:18 AM
EXMOEXM/USDC0.0134.410.697,503.560.02cex17/9/2025, 6:18 AM
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EXMO Coin FAQ

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What is EXMO Coin?

EXMO Coin (EXM) serves as the internal utility token for the EXMO exchange, a leading cryptocurrency platform established in 2014. This ERC-20 token is a critical component of the exchange's ecosystem, enhancing user experience and engagement through a variety of functionalities. On the EXMO platform, EXM is used for several purposes, such as paying for services, obtaining bonuses, and reducing trading fees. These features make it a versatile tool for traders aiming to maximize their advantages on the exchange. The token's role in reducing trading fees is particularly attractive, offering users a cost-effective method for conducting transactions. EXMO Coin has been around for over three years, during which it has experienced significant value growth. This appreciation reflects its growing adoption and the increasing user base of the EXMO exchange. The token's integration into the exchange's operations highlights its importance in facilitating smoother and more efficient trading activities. The EXMO exchange, which positions itself as one of the largest in Europe (CIS), leverages EXM to create a more dynamic and rewarding trading environment. By integrating EXMO Coin into its ecosystem, the exchange enhances its service offerings and provides additional incentives for its users.

What technology powers EXMO Coin?

EXMO Coin (EXM) functions as an ERC-20 token on the Ethereum blockchain. This adherence to the ERC-20 standard ensures seamless interaction with other tokens and decentralized applications (dApps) within the Ethereum ecosystem. The standard facilitates easy transfer, storage, and integration of EXMO Coin across various Ethereum-based platforms. The Ethereum blockchain, underpinning EXMO Coin, employs a decentralized ledger maintained by a network of nodes, each holding the entire blockchain's copy. Transactions are validated using a consensus mechanism called Proof of Stake (PoS), to which Ethereum is transitioning from Proof of Work (PoW). In PoS, validators are selected to create new blocks and verify transactions based on the quantity of tokens they hold and are willing to "stake" as collateral. This process is more energy-efficient than PoW and enhances network security. Security on the Ethereum blockchain is strong, attributable to its decentralized structure. Each transaction undergoes verification by multiple nodes before being added to the blockchain, making it highly challenging for malicious actors to modify transaction data. The use of cryptographic algorithms further assures that once a transaction is recorded, it cannot be altered or deleted. This immutability is crucial for protecting against fraud and double-spending. EXMO Coin acts as the internal utility token for the EXMO exchange, one of the largest cryptocurrency exchanges in Eastern Europe. The token provides various advantages to its users, such as increased referral payouts, reduced trading fees, and staking rewards. These incentives are intended to promote the use and retention of EXMO Coin within the exchange's ecosystem. The maximum supply of EXMO Coin is limited to 1 billion tokens, creating a scarcity effect that may lead to capital appreciation as demand grows. Users are also incentivized to stake their EXMO Coins to earn rewards, promoting long-term holding and network participation. In practical terms, EXMO Coin can be used to pay trading fees on the EXMO exchange at a discounted rate, making it appealing for frequent traders seeking to cut costs. Additionally, the token allows participation in various promotions and loyalty programs offered by the exchange, extending its utility beyond just trading. EXMO Coin incorporates smart contract functionality, inherent in all ERC-20 tokens. Smart contracts are self-executing agreements with terms embedded in code, automatically enforcing and executing contract conditions when predefined criteria are met. This reduces reliance on intermediaries and the risk of human error. Furthermore, the integration of EXMO Coin within the broader Ethereum ecosystem permits it to leverage ongoing developments and enhancements in the Ethereum network. This includes improvements in scalability, security, and functionality, ensuring EXMO Coin remains a viable and efficient token for its users. The decentralized nature of the Ethereum blockchain, coupled with the specific advantages offered by EXMO Coin, creates a robust and versatile platform for users. Whether through reduced trading fees, staking rewards, or participation in the exchange's loyalty programs, EXMO Coin offers multiple avenues for engagement and utility within the cryptocurrency landscape.

What are the practical applications of EXMO Coin in real-world scenarios?

EXMO Coin (EXM) functions as the internal utility token for the EXMO exchange, one of the largest cryptocurrency exchanges in Europe. Its applications are diverse, providing users of the platform with a versatile asset. A primary function of EXMO Coin is to offer access to unique bonuses and special offers on the exchange. Users holding EXM benefit from reduced trading fees, enhancing the cost-effectiveness of frequent trading. Additionally, EXM can be used for cashback rewards, enabling users to receive a percentage of their trading fees back in EXMO Coin. EXMO Coin is integral to the platform’s copytrading feature, allowing less experienced traders to imitate the trades of more successful traders, potentially increasing their profitability. EXM allows users to access this feature more affordably. In margin trading, another significant application of EXMO Coin, users can borrow funds to trade larger amounts than their capital would normally allow. By holding EXM, they can reduce fees associated with borrowing, making margin trading more accessible and cost-effective. EXMO Coin is also used in the cloud mining services provided by the EXMO exchange. Cloud mining lets users mine cryptocurrencies without managing their own hardware. Users can pay for these services with EXM, making mining more convenient and less resource-intensive. The token is available for purchase during the Initial Exchange Offering (IEO) and can be traded on the EXMO platform after its listing. The exchange’s referral program further rewards users with EXM for bringing new users to the platform. Lastly, EXMO Coin has a consistent burn rate, meaning a portion of the tokens is periodically removed from circulation. This can potentially increase the value of the remaining tokens over time, offering a potential long-term investment option for some users.

What significant events have occurred for EXMO Coin?

EXMO Coin (EXM) functions as the internal utility token for the EXMO exchange, recognized as one of the largest cryptocurrency exchanges in Europe and the CIS region. The journey of EXMO Coin has been marked by significant milestones that have shaped its role in the cryptocurrency sphere. The Initial Exchange Offering (IEO) on August 1, 2019, marked the official debut of EXMO Coin. This event was pivotal, introducing EXM to the market and enabling user participation in its initial distribution. Prior to the IEO, a closed pre-sale round occurred, featuring a referral program designed to incentivize early adopters and expand the token's user base. Subsequent to the IEO, EXMO Coin was listed on the EXMO exchange in October 2019. This listing was crucial in providing liquidity and accessibility to traders and investors, allowing them to buy, sell, and trade EXM directly on the platform. The exchange listing also helped establish the token's market presence and credibility. The development of EXMO Coin continued with the implementation of quarterly token burns. These token burns aim to reduce the total supply of EXM, potentially increasing its value over time. This strategic move enhances the scarcity and demand for EXMO Coin, aligning with common practices in the cryptocurrency industry to manage token economics. Participation in blockchain and cryptocurrency forums and summits has also been a key aspect of EXMO Coin's journey. These events offer a platform for the EXMO team to showcase their developments, network with industry leaders, and stay updated with the latest trends and technologies in the blockchain space. Such engagements are vital for maintaining relevance and fostering community support. Looking ahead, the bitcoin halving event in 2024 is anticipated to significantly affect the broader cryptocurrency market, including EXMO Coin. Historically, bitcoin halvings have led to price increases across various cryptocurrencies, potentially benefiting EXMO Coin from this market trend. Anticipation of such events often leads to increased interest and activity within the crypto community. EXMO Coin's trajectory is marked by strategic initiatives and market engagements that have contributed to its growth and adoption. The combination of token burns, active participation in industry events, and strategic listings underscores ongoing efforts to enhance the utility and value of EXM within the cryptocurrency ecosystem.

Who are the Founders of EXMO Coin?

EXMO Coin (EXM) functions as the native utility token for the EXMO exchange, purportedly one of the leading cryptocurrency exchanges in Europe (CIS). The coin was established by Edward Bark and Ivan Petuhovschii. Edward Bark brings a wealth of experience in finance and technology, significantly influencing the strategic advancement of the EXMO platform. Ivan Petuhovschii, with his proficiency in blockchain technology and business development, played a key role in the technical and operational creation of the cryptocurrency.

Investors interested in EXMO Coin are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.