Review on Emirex by David Olayide
Emirex Exchange Platform Runs Smoothly!
Emirex is a cryptocurrency exchange platform based and operating from the Middle East. As you know, there are several cryptocurrency exchange platforms lying around, used by millions of traders globally. However all of these exchange platforms have different features to offer to investors and traders. Emirex offers a couple of very intriguing features that are very attractive to traders like me. High security standards, ease of use and speed of transaction. These are very important factors that traders consider before engaging a particular exchange platform.
Emirex boasts of using the highest security protocols ever, but I am yet to verify this claim because of the sheer number of other cryptocurrency exchange platforms in the industry. The exchange is licensed and regulated in line with the directions of the EU Regulations. When I visited the exchange's website I was satisfied with the user interface as things were not too cluttered or disarrayed. You should find it easy enough to use without trouble. Both novice traders and professionals can make use of the exchange at ease.
The trading fees for Emirex is below the industry average, at 0.10% and this is very cool. Withdrawal fees too are set at 0.001 BTC per BTC withdrawal. This used to be below the industry average before, but due to the hike in BTC price, 0.001 is now a high figure for a withdrawal charge. I hope they do something about that soon.
Another attraction for me, is the deposit options. Emirex supports deposit through Fiat and credit/debit cards and this really makes the whole deposit process less stressful. In addition you can pick other deposit options too, like cryptocurrency assets. I discovered though that US investors are not permitted to trade using the exchange and I wonder why.
Signing up on Emirex is easy and uncomplicated, so you shouldn’t have any problems with that.
I didn’t get the chance to make use of the chat button floating on the screen to engage their customer care service, but I am sure that it will be efficient and helpful. There is language support for 3 languages in total including English. There is also a translate button and the drop box lists a lot of languages that you can translate to. Additionally if you’re looking to get some incentives, there is a referral commission program you can check out.
Pros
- Emirex boats of top security standards
- Nice user interface. The platform is easy to use and uncomplicated
- The transaction charges is actually below the industry average
- Language translation support
Cons
- Emirex is centralized
