Emirex crypto exchange is based in the United Arab Emirates, though it is legally registered in Estonia. The platform is focused on the middle eastern market, although it welcomes investors from over 100 countries.
In terms of KYC requirements, users must register with their personal details and complete the process by submitting their government-issued identification cards.
There are over 30 Emirex trading pairs available on the platform for its users to trade with. However, Emirex spot trading is the only trading option on the exchange as of writing this.
Emirex cryptocurrency exchange makes digital asset trading simpler, faster, and more secure. It offers non-tech users an uncomplicated yet compliant way to access digital assets by providing them with a professional trading platform that also supports such fiat currencies as AED, USD, and EUR. Thus, Emirex is both – a crypto-crypto and crypto-fiat exchange. Besides, the exchange can process around 1 million orders per second and allows its users to take advantage of its order books, trade history records, as well as various order types.
When it comes to Emirex exchange fees for trading, the platform charges a flat rate of 0.10% for maker and taker trades. For withdrawals, there is an Emirex crypto price of 0.0005 BTC charged on all BTC withdrawals. Furthermore, the Emirex crypto exchange supports both fiat and crypto deposits. The charges for fiat and crypto deposits and withdrawals are set by the banks and crypto networks respectively.
The native token of the Emirex Ecosystem, EMRX, serves a number of functions. Included in these are listing costs for tokenized assets, transaction costs for handling custody and servicing, as well as commission and partner reward systems. Additionally, by staking EMRX, users can earn Ultra High APR on their holdings, which they can withdraw whenever they want. Check out the current Emirex crypto price here.
Talking about other features, the Emirex exchange also provides users with the IEO option. It allows new projects to launch their crypto assets through the Emirex exchange and for investors to find new promising projects.
Also, the exchange offers the Staking feature which allows users to stake EMRX and other crypto assets to generate passive income.
Furthermore, another way to earn passive income is by participating in the Referral program. Users can earn income simply by inviting new users to the platform.
Moreover, the Emirex cryptocurrency exchange offers the Listing feature, which allows users to propose specific assets that they want to be listed on the exchange.
Lastly, Emirex has also launched its own tokenization section in order to revolutionize the real estate market.
About the Company
The Emirex Group, a company behind the exchange, was founded by a team of blockchain enthusiasts, entrepreneurs, and business professionals in 2014. However, the Emirex exchange itself was launched only in 2019.
Greg Mars is one of the prominent persons behind the Emirex crypto exchange. Before starting Emirex, he worked as a senior manager at Accenture, where he developed a number of products for the IT space. He is a graduate of the Southern Rostov Federal University and a graduate of Harvard Business School. Greg has years of experience in finance, management, blockchain technology, and cryptocurrency. The core team is also filled with experienced professionals in these areas and together they are building the company into a world-class cryptocurrency exchange.
In February 2023, the average Emirex trade volume was around $1 million. However, to check the current Emirex volume, take a look at the chart above.