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Yankari
4 Level
271 Review
1184.5 Karma

Review on Emirex by Stephen Toluwani

Revainrating 3 out of 5

Emirex Goes beyond trading. I like the exchange but had issues with my account

In panelling down my review, I was very perplexed to actually give this exchange a 3-star rating due to the limitation of use by the exchange in which they placed a limit on my account by asking for a 2fa code which I never initially set up. After checking through the knowledge base for the exchange, I could see that 2fa restoration of account will require KYC which gave me the second-hand thought that the exchange is trying to inadvertently make KYC a compulsory process. I have also created IT support ticket pushing down my request on the anomalies being placed on my account and hopefully after I receive a response, I will update my review in the comment section.
For me, this exchange has everything you will ever want in an Exchange platform as this ranges from the wonderful user interface it portrays and the diverse number of listings that are made available on this exchange. There is an IEO Launchpad for which pre-sales can take place and all projects being listed appears to be well sort through and given attention before being placed to make sure traders or users of the exchange platform doesn't get swindled. I also like the availability of fiat options and Investment options on the exchange which provides a means of earning even without trading.
The exchange still appearing to be quite new in the industry might pose a problem to many traders for fear of being labelled a scam after some period of times but with what I have seen around, this exchange will be sure to stay for a very long time as this even being licensed in the European Union. Hopefully other people don't face the scenario I faced while trying to set up my account because except for that, Emirex is the best exchange for you



Pros
  • The exchange is licenced in the European Union and provides a secure interface and this makes it a legitimate platform for us to trade
  • Emirex provides a Fiat gateway for users to buy cryptocurrencies
  • Emirex also provides huge array of products from which users could earn and even from their stablecoins
Cons
  • After creating an account, a 2FA verification code was being required to login of which I never set up initially and this limited my disposal of information to this exchange

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