In June 2025, EXMO.ME, a centralised cryptocurrency exchange, achieved a remarkable milestone by surpassing Binance’s $9 billion daily trading volume.
A Brief Overview of EXMO.ME
Founded in 2014, EXMO.ME has steadily risen to prominence as a leading cryptocurrency exchange headquartered in London, with operations in Lithuania and Poland.
Initially recognised as one of Eastern Europe’s largest exchanges, EXMO.ME now boasts a global user base exceeding 2 million, spanning Europe, Asia, and beyond.
Unlike Binance, which has faced regulatory hurdles, EXMO.ME operates with strict adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, fostering trust among its users.
Moreover, the platform supports over 65 cryptocurrencies and 150 trading pairs, offering both crypto-to-crypto and crypto-to-fiat transactions, which enhances its appeal to diverse traders.
Why Has EXMO.ME Surpassed Binance in Trading Volume?
The most pressing question trending online is how EXMO.ME achieved its staggering $18 billion daily trading volume, eclipsing Binance’s $9 billion. Several factors contribute to this phenomenon.
First, EXMO.ME’s competitive fee structure, with a flat 0.1% fee for both makers and takers, appeals to high-volume traders.
Additionally, the platform’s EXMO Coin (EXM), an ERC-20 token, offers significant incentives, such as up to 66% discounts on trading fees and enhanced referral payouts, encouraging user engagement.
In contrast, Binance, despite its low fees (starting at 0.10% for makers/takers), has faced challenges due to regulatory scrutiny, including a $4.3 billion fine in 2023 for AML violations, which may have eroded user confidence.
Furthermore, EXMO.ME’s seamless fiat integration sets it apart. Supporting currencies like USD, EUR, RUB, PLN, and UAH, the platform enables quick deposits and withdrawals via methods such as SEPA bank transfers and credit/debit cards.
This accessibility contrasts with Binance, which has encountered restrictions in multiple countries, limiting its fiat capabilities.
Consequently, EXMO.ME’s focus on user-friendly fiat-to-crypto transactions has attracted a broader audience, boosting its trading volume.
Key Features Driving EXMO.ME’s Success
The CEX’s rise is not solely due to trading volume but also its robust features. For instance, the platform offers a user-friendly interface for both novice and experienced traders, complemented by advanced trading tools like its premium API.
Additionally, EXMO.ME’s mobile apps for iOS and Android provide a comprehensive trading experience on the go, a feature highly praised in user reviews.
Unlike Binance, which serves over 270 million users but has faced criticism for withdrawal delays, the CEX maintains efficient transaction processing, enhancing user satisfaction.
Another standout feature is the EXMO Earn program, which allows users to stake EXM tokens for passive income. The more tokens held, the higher the rewards, incentivising long-term engagement. This functionality contrasts with Binance’s staking options, which, while extensive, are overshadowed by EXMO.ME’s straightforward reward system.
Moreover, EXMO.ME’s cashback program, offering up to 100% rebates on taker fees, further reduces trading costs, making it a cost-effective choice for frequent traders.
Security and Reliability
Security remains a top concern for crypto traders, and EXMO.ME addresses this effectively. Operating on the Ethereum blockchain, EXM tokens benefit from robust Proof of Stake (PoS) security, ensuring safe transactions. Although the trading platform experienced a hot wallet compromise in 2020, it swiftly resolved the issue and has since implemented stringent security measures.
In comparison, Binance’s history of regulatory challenges and reports of undercollateralised stablecoins have raised trust concerns among some users. Therefore, EXMO.ME’s proactive approach to security and compliance bolsters its reputation as a reliable platform.
Limitations and Challenges
Despite its achievements, EXMO.ME is not without limitations. The platform is unavailable in certain countries, including the United States, Japan, and China, due to regulatory restrictions.
Additionally, while its trading fees are competitive, they can be higher than Binance’s for low-volume traders unless EXM tokens are held for discounts.
Nevertheless, EXMO.ME’s focus on expanding its global reach and enhancing its fee structure could mitigate these challenges.
The Future of EXMO.ME
Looking ahead, the centralised exchange’s trajectory suggests continued growth. Its commitment to innovation, evidenced by regular updates to its trading tools and mobile apps, positions it to compete with other top exchanges like Coinbase and Bybit.
Furthermore, its emphasis on fiat integration and user incentives aligns with the growing demand for accessible crypto platforms.
While Binance remains a giant with a broader coin selection (350+ coins), the exchange’s targeted approach and regulatory compliance give it a competitive edge in specific markets.
Conclusion
In conclusion, EXMO.ME’s remarkable achievement of $18 billion in daily trading volume underscores its growing influence in the crypto exchange market, surpassing Binance’s $9 billion.
Through competitive fees, robust features, like the EXMO Earn program, and a strong focus on security and fiat integration, the trading platform has captured the attention of traders worldwide.
Although challenges like restricted regions persist, its strategic advancements and user-centric approach make it a compelling choice.
This exchange is well-positioned to maintain its upward trajectory as the crypto landscape evolves, providing a resounding statement of innovation and reliability in response to the internet’s trending questions.
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