Review on Emirex by Mehdi hazni
emirex exchange
Emirex exchange has a simple and beautiful design and its user interface is also suitable for beginners applying for trading.
The trading volume of this exchange in the last 24 hours has been about $87 million, which shows the exchange volume of this exchange to be used as a platform for trading cryptocurrencies.
Initial registration in emirex can only be done with email and password, but then KYC steps are required for any use of exchange services. Many exchanges enable the Deposite option without KYC, and KYC is required for withdrawals and more. But Emirex tells us from the beginning that we have to do this and if we do not have it, our assets will be blocked after deposit.
In emirex only spot trade is supported and it is not interesting in this regard because many active cryptocurrency traders also request futures and margins. Of course, there are currently 98 pairs for the spot, which has kept a wide variety of pairs trading options for users.
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Pros
- High daily trading volume (reliability)
- High variety of pairs for spot trading
- Support for USD and EUR and the possibility of deposit through the bank
Cons
- KYC is essential for any activity
- There are no futures and margin trade
- Impossibility to use the search in the wallets section to find the desired currency faster
