Review on Emirex by Douglas Cachazo
Emirex : A good option to exchange fiat and cryptocurrencies
Crypto exchanges have had a hard fight to position themselves in the market, this motivated mostly to the large number that have emerged and the good functionalities offered by the pioneers in the industry.
Emirex emerges since 2017 with headquarters in Dubai, its major presence is in Middle Eastern countries, however it can operate worldwide, It has a friendly and easy to use platform, despite not having many functionalities available in the big exchanges, what it operates it does well, taking into account that it does not require an expensive platform with many operating expenses that translate into high commissions to carry out transactions, that is one of the reasons for its success.
Despite its short time in the market it already has presence in Bitcoin Yahoofinance, Forbes, Hitbtc, and recently it is already present in REVAIN, both companies in the successful path.
I did not have any inconvenience in my registration, which is very simple, the main features that I could observe is that it has a good number of pairs for exchange, something that is very common in the exchanges, but also supports Fiat currency exchange which is very strong in the middle east countries especially in Dubai,
It is a decentralized exchange, it does not have a wallet, you are the custodian of the cryptocurrencies and you operate on it to trade the cryptos or exchange for Fiat.
Trading with the platform as I mentioned before is very easy and ideal for beginners, it has information to learn and buy with the main cryptocurrencies, to support the platform has its own EMRX token which is the ERC20 type of the Ethereum platform, at the time of writing this review had a rising price hovering around $ 0.4995.
For its ease of operation, low commissions, security I do not hesitate to recommend this platform for crypto exchange, I do not doubt come new features,
Pros
- Allows cryptocurrency exchange to fiat
- Good number of cryptocurrency pairs for exchange
- Good presence and strength in middle east countries.
- Platform very intuitive and easy to operate
- High security in transactions
- Operates under the Ethereum platform that guarantees capacity to support volumes.
Cons
- Nothing at the moment
