Is EXMO legitimate?

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This post isn’t about price, though I mention prices, it’s about exchanges.

I just discovered about an exchange named EXMO (it was referenced in the Reuters article about Binance giving the Russian FSB the names of Navalny supporters [1]).

So in this EXMO exchange, the price of bitcoin is currently $43,700. In Binance and Deribit I can see around $39,600. Where does this huge difference come from, and why does it persist? Is this an indication that this is a dodgy exchange?


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