ExMarkets
ExMarkets is a digital asset (crypto) exchange operated via entities in Estonia and the British Virgin Islands (BVI). Users can trade cryptocurrencies and get a chance to participate in token sales in crypto projects via the ExMarkets Initial Exchange Offering (IEO) LaunchPad.
ExMarkets entered the crypto market in 2018 and has 160,000 members actively trading on the platform daily. It has hosted more than 60 Initial Exchange Offerings and generates a daily trading volume of around $30,000.
Users can make deposits in Bitcoin, Ethereum, and other supported cryptocurrencies, tokens, and fiat. Deposits are possible via wire transfer but not via credit card.
According to some crypto blogs, the exchange should have all customer assets on cold wallets by the time of payout.
ExMarkets is part of the CoinStruction liquidity framework, aggregating the order books of the most prominent cryptocurrency exchanges and guarantees 24/7 crypto liquidity.
The company was established by Tadas Kasputis (Linkedin).
The Estonian entity used to have a crypto license until March 2020.
Due to the renounced license and the unregulated offshore operation, we place ExMarkets on our “Orange Compliance” list.