Emirex Cryptocurrency Exchange Review : Pros & Cons

About Emirex

Emirex was launched in 2014 and became a network of enterprises using blockchain technology to ease asset trading and completely disrupt how people use crypto. Dubai, UAE, is a dynamic destination for Eastern and Western companies, and it’s where Emirex helped develop a crypto culture. Emirex is an exchange and marketplace for trading digital assets that improve economic freedom by developing censorship-resistant public networks. Emirex has grown tremendously with its business and is eager to develop even more.

Information Table

How To Register At Emirex Trade Exchange?

To register on SWFT Octopus Trade, click Register Now button at the top of the page. You can also start creating an account directly through the form on the main page.

You only need to enter your e-mail and come up with a password. If there is a referral code, it is also entered at this stage. Password requirements: at least 8 characters, numbers, upper and lower case.

Click ” Create Account ” then go to your email to verify it. Enter the code you received and registration is complete. You can start replenishing your account.

How To Verify Your Emirex Cryptocurrency Account ?

There is no mandatory verification at Emirex but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of Free. In the future, depending on the actions of regulatory authorities, conditions may change.

For verification, you can use one of four documents to choose from: passport, driver’s license, identity card or residence permit. Artificial intelligence is used to evaluate the authenticity of documents. This service is provided by the Onfido online identification service, already used by the Emirex Trade, Revolut platforms.

How To Buy Crypto Or Deposit Crypto At Emirex Crypto Exchange?

There are two main options for topping up your balance on Emirex . Firstly, you can buy cryptocurrency with a bank card – it’s fast and convenient. Go to the ” Buy crypto ” -> ” Buy crypto with a credit card ” section.

Choose a cryptocurrency (currently there are 13 coins available for purchase in this way). Enter the amount and select the fiat currency to be used for payment.

After that, you will need to select a payment channel: each of them has conditions. You can choose between Simplex, Mercuryo, Banxa and Moonpay. Click ” Buy ” next to the appropriate option.

Agree to the terms and confirm the transition to the site of the payment provider. Enter information about the card and its owner, confirm the transaction. Cryptocurrency will be credited to the exchange account within a few minutes.

Second Method

You can transfer digital assets to the balance of the exchange from any external crypto wallet. For this:

• Go to the “Deposit” section from the “Assets” menu.

• From the drop-down list, you can select the cryptocurrency you want to deposit into your account.
• The wallet address will appear. You need to copy it and send funds to it from another wallet or exchange. Please note that only bitcoin can be sent to bitcoin addresses, similarly with other coins.
• You can also click “Show QR code” – for transfers from a mobile wallet, this is a more convenient option.

How To Withdraw Crypto Asset From Emirex Exchange ?

Having completed all the necessary trading operations, it’s time to withdraw the received assets to an external wallet. Go to ” Assets ” -> ” Withdraw “. Please note that the operation is only available after enabling two-factor authentication in the settings. This is for added security and requires less than a minute, so don’t neglect this measure.

Select a cryptocurrency and enter the withdrawal amount. Each coin has its own withdrawal fee, for example, for BTC it is 0.00057 BTC. Click ” Output “. By default, the exchange processes applications three times a day, however, hourly withdrawals are available for Premium users. Also, the time of receipt of the cryptocurrency is affected by the workload of the blockchain network.

How To Secure Your Emirex Account ?

Also remember to go to the Security tab and activate two-factor authentication using the Google Authenticator app – this is the most reliable way to prevent unauthorized access to your account.

Fees taken when buying virtual currency

As a buyer, you get exactly what you see on your trade page. No additional fees are taken so you get the full BTC amount shown on the page. This does not necessarily match what you wallet considers to be the “BTC price”, nor the price of any other markets. Bittylicious makes money by charging sellers on the system a small fee to use the Bittylicious platform, so only sellers get charged a fee.

Compare to other markets if you want a real comparison, and also bear in mind that include withdrawal fees in each transaction whereas almost every other site else doesn’t. In particular, please check out the section marked Small Trades which explains that small trades have a higher comparative cost because of large network fees, and these are outside Bittylicious’s control.

Features Of Emirex Crypto Exchange

Available At Android & IOS Store

Emirex Cryptocurrency Exchange exchange application available on both world famous mobile store google play store and iOS store . You Can download App and start trading.

Convenient Payment Methods

Emirex accepts a wide range of payment methods, including UK bank transfers, debit cards, and credit cards.

Trading Pairs:

Emirex supports a wide range of trading pairs, including BTC, ETH, USDT, USDC, and more. This allows traders to access a variety of cryptocurrencies and trade them against each other.

Low Trading Fees:

Emirex charges low trading fees of just 0.03% for market makers and 0.07% for market takers. This makes it one of the most affordable exchanges on the market.

Staking:

Emirex offers users the ability to stake their cryptocurrencies and earn rewards. This is a great way to earn passive income on your crypto holdings.

Affiliate Program:

Emirex has an affiliate program that allows users to earn commissions by referring others to the platform.

Security:

Emirex takes security very seriously and employs various measures to ensure the safety of user funds. These include two-factor authentication (2FA), cold storage of funds, and regular security audits.

User-Friendly Interface:

Emirex has a user-friendly interface that is easy to navigate, making it ideal for both beginner and advanced traders.

Trading Tools:

Emirex provides users with a range of trading tools, including advanced charting, technical indicators, and order types. This allows traders to make informed trading decisions.

Mobile App:

Emirex has a mobile app for both iOS and Android devices, allowing users to trade on-the-go.

Community:

Emirex has a vibrant community of traders and investors who share insights, tips, and strategies on the platform’s social media channels and forums.

Quick, Simple, Secure

Emirex is a platform that simplifies, quickens, and secures digital asset trading. Newbies can trade digital assets easily as Emirex offers non-tech users secure, easy, compliant digital asset access on a  professional trading platform supporting AED, USD, and EUR FIATs. Emirex can process 1,000,000 orders per second. Experience speedy order books, extensive trade history, endless markets, and market depth, and make spot, margin, and futures order types. The Emirex Group offers top-tier financial services to bridge the gap between the current and future economic systems.

Trade Whenever, Wherever

Emirex provides the most incredible trading experience, allowing you to trade on your terms. want to help you pleasantly attain your financial goals. Emirex builds crypto economic infrastructure based on user experience and accessibility. The Emirex team launched the Emirex Android to offer all website features in your pocket, including easy bitcoin buying, selling, and trading and 24/7 support with one tap. Emirex makes crypto investment so easy that you’ll want to do it all the time! 

24/7 Live Chat

If you’re awake, they are too. When you need help, your team of experts will work with you via 24/7 live chat to reach a quick and efficient resolution.

Emirex Conclusion

Emirex it’s important to carefully research and analyze any investment opportunity before making a decision. Consider factors such as market trends, the company’s financial performance, potential risks and rewards, and your own investment goals and risk tolerance.