What is ЕХ CODE and how to use it?
What is ЕХ-CODE?
EX-CODE is a helpful tool for transferring funds (both crypto and fiat currencies) between users on the EXMO platform. It is a combination of 57 characters: comprising numbers and Latin letters – therefore, any attempt to guess the combination of such a code will take forever and is virtually impossible.
What can EX-CODE be used for?
- Transfer funds to another user’s account of the EXMO exchange or generate a code as a gift.
- Use payment methods, which are not available on EXMO, but can be used via currency exchange platforms.
- Withdraw funds through currency exchange platforms in fiat currencies, which are not available on EXMO.
Which currencies can be used with EX-CODE?
EX-CODE can be used with all currencies included on the EXMO Trading list. Over 50 cryptocurrencies and 6 fiat currencies are included:
- United States Dollar (USD)
- Euro (EUR)
- Pound Sterling (GBP)
- Russian Ruble (RUB)
- Ukrainian Hryvnia (UAH)
- Kazakhstani tenge (KZT)
- Polish Zloty (PLN)
- Turkish Lira (TRY)
Fees & Limits
When generating EX-CODE with any available cryptocurrency, commission is not charged.
In case of fiat currencies, fees are as follows:
- 0.2% – for creating up to 2 EX-CODEs in one currency within a day.
- 0.6% – when creating the 3rd and following EX-CODEs in the same currency during the day.
- 0% – when funds are credited from EX-CODE to EXMO account (in case of activation on the exchange).
Note:
There are limits on the maximum withdrawal/deposit amount for one EX-CODE in Fiat. It is approximately USD $20,000 (or equivalent) in most cases. You can check the current limits in your account when creating an EX-CODE.
How to create an EX-CODE?
To create an EX-CODE you simply need to login, then go to the “Wallet” section and select the currency you wish to withdraw and select the EX-CODE withdrawal method.
Note:
The commission rate for the transaction will be indicated in the EX-CODE window.
In the “Withdrawal Amount” field, enter the amount you wish to withdraw and click “Withdraw”. Check your email notifications, find the withdrawal confirmation email, and confirm or cancel the creation of EX-CODE by following the specified link.
How to receive money via the EX-CODE?
If you have an EX-CODE generated, or purchased via crypto-exchanges, you can instantly replenish your EXMO Wallet without any fees. To receive money via EX-CODE, you simply need to click on the “Deposit” button in the “Wallet” section and choose EX-CODE as your deposit method.
Type in the EX-CODE in the requested field and click the “Load EX-CODE” button. Your funds should be credited to your account within 30 seconds.
Can I use EX-CODE via the EXMO Mobile App?
Yes, it is extremely easy to use EX-CODE on the full version of the platform, and this option is also available when using the EXMO mobile application for Android and iOS.