Review on Emirex by Inioluwa Okedeji
Emirex: A Cryptocurrency Exchange That Gives An Advantage To High Digital Assets Demanding Middle East Countries.
Emirex is a cryptocurrency exchange platform that was established to be an infrastructure for the new digital economy that is fast rising globally. So this exchange is not only available for cryptocurrency transactions but it aims to play a big role in the new digital economy.
A visitation to the Emirex exchange platform was necessary for me to know the services it offers, the potentials it possesses and what makes it different from other exchanges. Well, I say that the interface of the exchange is quite simple and attractive, users will have no issues navigating the exchange and performing their trading activities.
The Emirex exchange also supports the use of credit or deposit cards to make payments or withdrawals which is an important feature that will certainly make trading easier. I also applaud the exchange for supporting fiat transactions because I know of other exchanges that do not support the neither the use of debit cards or Fiat payments.
In terms of the security and protection of assets, the Emirex exchange is equipped with advanced security measures that are compliant with the set standards of the banking industry. Which means that the security of the Emirex exchange is a standardized one.
The Emirex exchange has partnerships with prominent projects such as Forbes Middle East, News BTC, HitBTC and others.
The major advantage that the existence of The Emirex exchange has is that, being a project developed in the Middle East, it's makes it easy and convenient for Middle East countries with high demand for digital assets to utilize the platform.
All in all, from my perspective, the Emirex exchange is a nice one with the potential to compete with other well known exchanges. In fact, I'd like to say that what I discovered was beyond my expectations.
Pros
- The Emirex exchange has its own native currency, the EMRX, which can be held for its value or used to perform different operations that is attached to rewards on the exchange.
- It has different user levels which have been set up to fit different user cryptocurrency experience.
- The security of the exchange is an advanced one and up to standard.
- The Emirex exchange supports a total number of 96 trading pairs
Cons
- I really have no issue with the exchange, although I'll point out the fact that KYC verification is needed to access some user levels.
- It is still an exchange with low popularity because not much people know about the exchange, this might actually be due to the fact that its services are largely focused on the Middle East.
