Review on EMX by Sudais Quadri
EMX exchange
EMX exchange is a digital assets trading platform that was launched in 2019. The exchange isnt really active as it records a 24 hour trading volume of about $60,000-$70,000 daily which also indicates that the exchange isn't liquid. As a derivatives exchange, the exchange offers a trading fee of 0.1%/-0.03% for takers and makers. The negative trading fee means that the makers are paid for adding orders to the order book. EMX exchange also offers a leverage of up to 100× for high risk traders. As a centralised exchange and an exchange with a lightning fast API, trade orders can be executed faster. Only few languages are supported on this exchange though there is room for more, the exchange only gives room for English, Portuguese, vietnamese and Russian. The customer support in this Exchange is not responsive and this should be worked on by the developers
Pros
- The exchange offers high leverage rate
- The exchange offers various language option
- The exchange has a powerful interface
- The fees are low
Cons
- There is no known Trading volume for this exchange
