Centralized Exchanges · Review
InactiveExmo Review 2026: Exchange Closing, Withdraw Funds
Exmo was a centralized crypto exchange founded in 2014. Its homepage now says the exchange is closing and asks users to withdraw their funds.
By the DappsAtlas editorial team · Updated
DappsAtlas score
—/10
Not rated
Our verdict on Exmo
Exmo was a long-running centralized exchange, but its homepage now says it is closing and asks users to withdraw their funds. New users should not sign up or deposit. Existing users should read the announcements and withdraw everything promptly, using only the official site. The main caveat is custody: until funds are out, they depend on the operator, and the homepage does not state a licence or give wind-down details beyond a link.
Score breakdown
How Exmo scores
- Security
- n/a
- Ease of use
- n/a
- Fees
- n/a
- Features
- n/a
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Exmo?
Exmo is a centralized cryptocurrency exchange founded in 2014. Its homepage describes it as a bitcoin and crypto exchange with dozens of assets, including Ethereum, Ripple and Cardano. The company's stated vision was a world where crypto is in every wallet.
The site now shows a notice that Exmo is closing and asks users to withdraw their funds. It calls the project a 12-year journey with millions of trades and thanks its community. The footer lists the operator as Blue Isthmus Technologies CORP in Panama City, Panama.
This page is a record of a platform in wind-down rather than a recommendation to start using it. Users with balances should check the announcements and withdraw.
How Exmo works
Exmo was a centralized exchange. Users deposited crypto to addresses controlled by the exchange, and the platform kept an internal record of balances. Trades matched buyers and sellers inside that system, and withdrawals sent assets back to an external wallet.
Because the exchange holds custody, users depend on the operator to honor withdrawals. That is why the closure notice matters. Funds left on the platform are only as safe as the operator's willingness and ability to process withdrawals.
At present the homepage tells users to withdraw funds. The practical process is to log in, choose each asset, enter a withdrawal address on the correct network and confirm.
4 features
Key features
01
Multi-asset spot exchange
The exchange offered dozens of crypto assets, with Ethereum, Ripple and Cardano named on its homepage.
02
Multilingual interface
The site ran in English, Russian and Ukrainian, which reflects its audience in Eastern Europe and beyond.
03
Withdrawal notice
The homepage now centers on a withdrawal notice with a link to details and an announcements section.
04
Long operating history
Operating since 2014, the exchange describes 12 years and millions of trades.
Pros and cons
What we like
- Operated for about 12 years, since 2014
- Offered dozens of crypto assets on a spot exchange
- Clearly tells users to withdraw funds rather than leaving them in limbo
- Interface was available in English, Russian and Ukrainian
Watch out for
- The exchange is closing, so new deposits, trading and account use are no longer a viable option
- Users must withdraw funds, and any delay carries counterparty risk because the platform holds custody
- The closure announcement's details, such as deadlines and procedures, are on a separate page the homepage only links to
- Licensing and regulatory status are not stated on the homepage
- No audits are listed in the DeFi data tracking the exchange
- Fees and withdrawal terms for the wind-down are not published on the homepage
Exmo fees
Exmo does not publish fee information on its current homepage, which is now focused on the closure notice. Anyone withdrawing should check the account withdrawal screen and the Announcements section for any network or withdrawal fees before confirming a transfer.
Trading fees are no longer relevant for new users because the exchange is closing.
Is Exmo safe?
Exmo is a custodial exchange, so users have to trust the operator to hold and return their assets. With the platform closing, the main risk is funds left behind or withdrawals becoming unavailable. Withdraw promptly and follow official announcements.
The homepage does not state a licence or regulator, and the DeFi data tracking the exchange lists no audits. The footer names a company in Panama. Beware of phishing messages that imitate closure notices, and only use the official site and its announcements.
7 steps
How to get started with Exmo
- 1
Read the closure notice on the Exmo homepage and open the Learn more page.
- 2
Check the Announcements section for withdrawal deadlines and instructions.
- 3
Log in to your existing account. Do not create a new one or deposit funds.
- 4
Set up a receiving wallet or exchange account you control for each asset you hold.
- 5
Send a small test withdrawal first if the amount is large and the network allows it.
- 6
Withdraw the remaining balances and confirm they arrive on the receiving side.
- 7
Keep records of your transactions for tax and reference.
Who Exmo is for
This page is for people who still hold funds on Exmo and need to understand the closure, or who are researching the exchange's history. It is not for anyone looking for an exchange to open an account with.
Exmo FAQs
Is Exmo shutting down?
The homepage says Exmo is closing and asks users to withdraw their funds. It describes the 12-year run as a great journey and thanks its community. Users should treat the platform as being wound down.
How do I withdraw my funds from Exmo?
Log in to your account and withdraw your balances to a wallet or exchange you control. The homepage links to a Learn more page and an Announcements section, which are the places to check for the closure instructions and any deadlines.
How long do I have to withdraw from Exmo?
The homepage does not say how long withdrawals will stay open. Check the Announcements section for current deadlines, and withdraw as soon as possible rather than waiting.
What was Exmo?
Exmo was founded in 2014 and operated as a centralized exchange offering dozens of crypto assets, including Ethereum, Ripple and Cardano. The site lists English, Russian and Ukrainian languages. The footer names Blue Isthmus Technologies CORP in Panama City, Panama.
Should I still deposit on Exmo?
No. With the exchange closing, opening an account or depositing funds makes no sense. Anyone still holding a balance should focus on withdrawing it.
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How we checked
Sources
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