EMIREX: Setting a new Standard in the World of Digital Currency Exchange

in #emrx4 years ago (edited)

If you’ll spend a minute or 2 to take a quick flash back about the history of humans in relation to technology, you’ll be so surprised at our level of achievements so far in relation to where we’ve being coming from.

Gone are the days when as humans, we’ll have to depend on faxes and postal services to pass communication across to long distances, the internet technology brought an amazing change to the whole of that. The technology of radio waves was also discovered which served as the only, medium of entertainment then, then television came through and offered us more than just listening to audio entertainment.

All these are pointers to the main fact that as humans, we are not only experiencing evolution biological wise, we are also undergoing technological revolution, all thanks to our great geniuses and tech freaks that are responsible for solving most human problems through their amazing tech innovations.

Just as we all know that talking about technological revolution without mentioning the blockchain technology in this present age is incomplete, we should also be aware of the crucial role being played by cryptocurrencies in the industry as they serve as the perfect medium of tokenizing real word assets which makes storage of value much more easier.

The history of cryptocurrency isn’t complete without mentioning Satoshi Nakamoto who introduced bitcoin to the world in the year 2009 with the sole aim of creating an avenue where transactions can be easily made between 2parties without having to go through any third party medium such as financial institutions. However, as successful as the bitcoin technology seems, it’s being set back by some inadequacies such as scalability and transaction increased transaction fees, this however was the reason why Ethereum blockchain was created to get rid of these issues with bitcoin network.

I need not also remind us that presently, we now have several thousands of cryptocurrency in circulation as a result of several projects in the blockchain system with all of the, having a particular solution or the other they are bringing to the industry.

My main focus of this write up is mainly based on cryptocurrency exchanges in the space because this aspect of the industry holds so much importance because they serve as the safest means of liquidating our cryptocurrency assets as individuals. Not only this, several cryptocurrency traders have chosen crypto trading as a form of profession which in fact serves as a form of livelihood for a lot of people.

But then, how pleasant has our experiences on these exchanges been so far?

Are you 100% satisfied with your most preferred crypto exchange?

If you’ll throw this question to 10 crypto traders, I’m certain you’ll only get a positive answer from 3 out of 10. The reason being that cryptocurrency exchanges in circulation are full of several problems which is even starting to be a threat to some of these exchanges.

The most dangerous of these inadequacies is seen in the aspect of security of these exchanges. Most exchange s lack proper security measure which has lead to loss in thousands of dollars of some crypto traders. Even the big names in the industry are being attacked and as a result of this, most traders now find it dangerous to store their cryptocurrency assets on exchanges.

Security challenge is just one of the numerous issues being faced by exchanges, other issues that crypto traders face on exchanges are listed below;

  • Unreliable support system to assist users with problems
  • Complex user interface that makes trading difficult for newbies
  • Extremely high transaction charges
  • Lack of liquidity
  • Vague order books
  • Fake trading volume that misleads traders, etc.

It's high time we already get a lasting solution to all of these problems being experienced on cryptocurrency exchanges, and on this note, a group of professionals have come together in order to make this a reality.

It’s my pleasure to introduce to you the Emirex platform.

Advent of Emirex Platform

The idea behind this platform was masterminded by Emirex group of companies which was founded in 2014 and has its headquarters in Dubai. This company decided in the year 2017 to stand up against all odds to create a digital assets exchange (BitMeEx) which will afford its users the opportunity to buy and sell cryptocurrencies easily without any hindrance whatsoever.

In a bid to becoming the easiest and most accessible platform to acquire and spend digital assets; this group has decided to also make its services also available to Asia, Europe, South America and Africa, hence the reason for creating Emirex exchange. Isn’t that awesome?

Emirex exchange is a fast, easy and secured exchange platform for both investors and traders which has a very cool interface that allows for awesome user experience even for newbies and also the sophisticated interface for experienced and professional traders.

What other Exceptional features are present on this exchange?

  • Security standard which is complaint with international standards of IT security
  • Availability of spot trading with professional order types also with margin and future trading
  • 1,000,000 orders/seconds capacity orderbook
  • Availability to customize your trading view charts for professional traders
  • Integration of advanced liquidity aggregation technology
  • Advanced historical trade analysis display
  • Supports all major digital assets with additional assets from other great upcoming projects
  • Excellent fiat support system that allows deposits and withdrawals into bank accounts and
  • Availability of Emirex wallet that allows users to safely store their cryptocurrency assets that are listed on Emirex platform and also interacts directly with blockchain ledger. This wallet is available for both iOS and android operating system.

Another interesting feature of the Emirex exchange that might excite you is the availability of Emirex tokenisation platform which will allow companies, corporate bodies and institutions to tokenize their products.

Token Details

The native token of the platform is EMRX tokens which is an ERC-20 based and utility token and has a total supply of 500,000,000. The team has decided to constantly perform a token burn at every quarter until 50% of the total supply is burnt. EMRX tokens has several usecases such as payment for transaction fees, listing fees and also application fees and ability to participate in community voting. Also, the token shall be used for incentivising users that refers other to the platform.

Conclusively, the Emirex platform has gotten all it takes to bring cryptocurrency trading to limelight. If you carefully study the whitepaper, roadmap and team members, then you will understand that the platform is on its way to setting up a new standard in the world of crypto trading.
This in my own personal opinion isn’t a platform to be missed out for anything, however this write-up is just a summary of the platform and you should perform due diligence by checking up more information about the platform.
Register for Emirex giveaway program here

For more information and Enquiries on Emirex platform, kindly check the links below;

Website
Whitepaper
Register on Emirex
Telegram
Twitter
Facebook

My Bitcointalk Username: amusanmikel2
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=2305577
Emirex UID : IDA50AECFBE1