Review on EMX by Samantha Beatrice
Poor Management might have led to the fall of this exchange
This is one exchange I am yet to understand, its current status is unknown. I can't correctly determine whether the exchange was still functioning actively. This exchange I'm talking about it EMX exchange. It is a derivatives trading platform that deals perpetual swaps for Bitcoin, Ethereum, ChainLink, Tether, XTZ, Gold, USOIL, US500 and many other digital assets. You can trade all these assets and cryptocurrencies with leverages from 10× to 100×. The interface of this exchange appears easy to use but the exchange wasn't mobile friendly thus, it was really hard to navigate through the exchange webpage, which means my user experience was poor. The trading chart is a bit clustered and quite uneasy to interpret. According to the announcement in the exchange, they claimed to be down for maintenance but looking at the last post on Twitter which was on November 2020, we can conclude that this exchange is not just inactive but might as well be a scam exchange. What was surprising was that, the exchange even had a trading volume on CoinMarketCap. I urge traders/readers not to trade here, you might lose your funds permanently ❗
Pros
- No positive aspect to write about
Cons
- You have to be careful while on this platform
