EXMO, one of the leading UK-registered crypto exchanges, has joined CryptoUK, a self-regulatory trade association representing the crypto asset sector, as the newest Сommunity Member.
According to the EXMO’s announcement, the company believes that transparency is the number-one condition for the development of the crypto industry. Alongside other members, EXMO aims to popularize and strengthen crypto’s role in the global financial market. The company will work with regulators and policymakers to facilitate crypto’s development and recognition in the UK and worldwide.
“EXMO is proud to become a part of CryptoUK. We believe that collaboration of crypto projects is vital for the growth of crypto industry and for the development of the best practices for industry participants”,Sergey Zhdanov, EXMO COO
“Since our launch, in early 2018, CryptoUK has built meaningful relationships, with industry participants, regulators and policymakers. We are delighted to welcome our new Community Member Exmo. We look forward to working with them to help develop a supportive regulatory framework for cryptoasset businesses and customers in the U.K.”Ian Taylor, Crypto UK Chair
Launched in March 2018, CryptoUK is the U.K.’s trade association representing the digital asset sector. Our members, composed of leading companies from across the sector, believe that crypto and digital assets can help enhance the way we undertake financial transactions, to the benefit of consumers, business and security.
Together, we are working to help educate policymakers and regulators about the crypto and digital asset industry, and to work with them to develop a balanced and fit-for-purpose regulatory framework for the UK. Our members believe that by working together with policymakers and with each other, we can ensure that the U.K. fulfils its potential to be a global leader in this exciting new industry.
Founded in 2013, EXMO is one of the largest cryptocurrency spot exchanges in Europe. Company’s top volume users are from the EU and Asia while the majority of the retail users are from Eastern Europe.
This puts EXMO in the top 15 crypto exchanges by incoming traffic in the world according to the latest SimilarWeb data. The platform is also in the top 30 crypto exchanges worldwide according to CMC latest rating.
The highlights for any investor that trades through EXMO are that it has 1.6M users, 50 000 active daily traders, more than 170 trading pairs, 8 fiat currencies (USD, EUR, GBP, RUB, PLN, UAH, KZT, TRY), SEPA, SWIFT and credit card withdrawal/deposit all available on the EXMO platform
The platform also supports 12 languages.
The company is located and registered in London with local offices in Moscow and Kiev.