Review on Emirex by Amos joseph
Emirex
Emirex review
As more exchange platforms are been introduced daily there is a high chance of new traders getting scam by dubious exchange platforms this is why it's very important for newbies venturing into trading to make adequate research on any exchange platform before investing their capital.
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Emirex is a good license exchange platform for trading cryptocurrency, located in the United Arab Emirates it has an approved-registered license company from Estonian.
It is approved as a financial service providing its users with a virtual currency wallet for storing cryptocurrencies and also serves as an exchange service provider for users to perform crypto pair transactions.
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The exchange is known to provide it, users, with high-security protocol service there is no theft issue since its inception it stores users fund using a cold storage device which can make it hard for hack or loss of fund another interesting feature of this exchange is speed processing lighting execution timeframe for processing users trade orders.
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The exchange has a good trading view with a buy/sell trading box price chart of currency are display for users to easily keep track of pair price in the market.
There are over 98+ trading pairs for traders to choose from and make trading orders.
A trading fee is charged for performing transactions on the platform a flat trading fee of 0.1% is charged both for takers and makers.
Making a deposit is free, while for making a withdrawal 0.001BTC is charged.
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This exchange provides unique features to its users as it provides fast lighting speed for users to perform quick transactions also using cold storage wallet to protect users' funds from theft users can buy cryptocurrency using debit cards and making withdrawal to a local bank.
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Pros
- Stores users fund using cold wallet storage which provides high security protocol
- It has fast lighting speed for performing transaction
- It's accept users from different region
- It is licence which makes it has users trust to perform trade
- Users can buy crypto using debit card and make local bank withdrawal
Cons
- Less popularity in market as competition Is high
- Provided trading pairs are low
