EMIREX: UAE’S NEW INFRASTRUCTURE FOR CRYPTO-ASSET EXCHANGE

in #emirex5 years ago

EMIREX: UAE’S NEW INFRASTRUCTURE FOR CRYPTO-ASSET EXCHANGE
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The advent of blockchain technology has resulted in tremendous transformation to different sectors of our global economy. Leveraging on the innovative features of the blockchain technology which include Transparency, accuracy, reliability and Decentralization have been linked to this technology
Our major challenge however, is the fact that a large percentage of the world’s population is yet to adopt this technology and the use of crypto currency in their daily transaction which has caused a lot set back to the main aim of introducing the use of crypto currency which was to solve the earlier stated challenges across the globe. But all thanks to our UAE based EMIREX Team who has discovered these loop hole and has created a platform where users can buy and sell digital assets effectively and efficiently without limitations.
ADVANTAGES OF EMIREX EXCHANGE OVER OTHERS
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• Orderbook is capable of handling 1,000,000 orders/second
• Offers spot trading with professional order types as well as margin and futures trading
• Delivers advanced security measures compliant with the international standards of IT security in the banking industry, per ISO 27001
• Has customizable trading view charts for professional traders, as well as advanced functionality for orderbook, trade-history, markets and market depth
• Offers a drawing toolbar for technical analysis and other technical indicators
• Shows advanced historical trade analysis
• Integrates advanced liquidity aggregation technology

FEATURES OF EMIREX EXCHANGE
Emirex Exchange, a platform for investors and traders, allows digital asset trades to take place in an easy, fast, compliant and secure way. The exchange has two key functions. Primarily it offers an easy to use interface that lets non-professional traders buy and sell digital assets easily. It also offers a professional platform for expert traders, complete with functionality expected from established trading platforms in the traditional foreign exchange and commodities markets.

Emirex Exchange supports trading of all major digital assets, while incrementally listing additional assets, both top-tier and aspiring projects that are in development. Our fiat gate supports deposits and withdrawals to the users’ bank accounts, as well as purchase through credit/debit cards and other payment methods. Special attention is dedicated to cybersecurity protection, with continued white hat hacking tests being carried out. The users of the trading platform will have access to the following services:

  1. Copy and social trading functionality
     Traders will be able to automatically copy positions opened and managed by selected professional traders
     The professional traders will be remunerated in the form of flat monthly subscription fees
  2. Margin trading
     Access to third-party capital, allowing traders to leverage their positions and amplify trading results. This gives them an opportunity to enjoy larger profits on successful trades
  3. Professional trading chat
     Real time communication among traders
     Receive timely updates on new developments, fees, promising listings, events, new services.
  4. VIP concierge and OTC trades
     Fast track service and lower fees and reduced market impact for key accounts
  5. For individual clients
     Easy buy/sell interface for beginners
     Professional trading interface for experts
     Digital assets custody
     Two-way fiat gateway supporting multiple currencies and credit cards
     Transborder remittances of digital assets
     Staking rewards for proof of stake coins
  6. For issuers
     Capital formation
     Digital assets listing
     Liquidity management
     Funds processing
     Hedging
  7. For merchants
     Crypto to fiat payment gateway

TOKEN INFORMATION

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The number of EMRX tokens is limited to 500,000,000.
In order to power the platform and increase liquidity EMIREX Team has created a utility token known as EMIREX TOKEN with the symbol EMRX. It is issued as an ERC-20 token, compliant to the public ethereum blockchain. The maximum amount of token created is 500million EMRX and no more token will be created rather there will be a token burn program that will keep reducing the token amount till it gets to 250m EMRX which is 50% of the maximum supply.
EMRX will serve as the main token of the EMIREX exchange and will be used as a native token.

EMRX will be used for so many purposes including:
• Using for payment as trading, withdrawal fee.
• For new project developers who intend to list their tokens for trading they will pay with EMRX
• EMRX will be used in paying for custody and servicing fees
• It will be used in paying for incentives, example when a user refers a new user to the Exchange, or other bonuses and rewards, all will be paid using EMIREX TOKEN.
I believe with the use of EMRX for all the services on EMIREX EXCHANGE the price of the token is likely to increase as the demand for it increases

TOKEN ALLOCATIONS
The total supply of EMRX will be distributed amongst various stakeholders. The goal is to balance the interests of different groups in order to maximize the long-term beneficial effects for the EMIREX ecosystem development.
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ROADMAP
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TEAM

  1. Grigory Rybalchenko (Co-Founder & CEO)

Grigory leads the development of the group’s strategy. With nearly two decades of experience gained in information technology and management consultancy, he has advised multinationals on strategy, digitalisation and implementation of emerging technology, operational performance and efficiency. Grigory designed and built blockchain infrastructure allowing real world asset tokenisation. He has advanced degrees in mathematics and economics, holds an MBA from the Open University Business School, and took courses in disruptive strategies at Harvard University. Grigory was an early adopter of cryptocurrencies and passionate about promoting adoption of blockchain technology and crypto amongst non-technical users through simple and easy interfaces.

  1. Irina Heaver (Co-Founder & Chief Strategy Officer)

Irina communicates, executes, and sustains group’s strategic initiatives. With over 16 years of experience gained in-house (in senior leadership roles) and private practice (as a partner in a law firm) she worked across the Middle East, Africa, Asia Pacific, CIS countries, Europe and North America. Irina advised on over USD500 billion worth of projects and transactions in the oil and gas, mining, construction, maritime and technology sectors. Irina has structured numerous asset tokenization transactions worldwide, as well as consulted multiple governments and governmental organizations on regulatory policies surrounding such emerging technology as blockchain and AI. She is a multilingual, Australian qualified lawyer with a Master of Laws and Juris Doctor Degrees. Irina is also a certified blockchain expert and passionate about designing token economic models and logic for smart contracts.

To learn more about Emirex team please go to www.emirex.com/team

For enquiries about EMIREX project and participation, kindly get connected with these links:
Website: https://emirex.com/
Whitepaper: https://emirex.com/whitepaper
Telegram: https://t.me/joinchat/DqGU61OCcKlwpg073YO0fA
Twitter: https://twitter.com/EMIREX_OFFICIAL
Facebook: https://www.facebook.com/emirex.official/
Telegram Bounty chat: https://t.me/EmirexBounty
Bounty link: https://bitcointalk.org/index.php?topic=5204784.0

WRITERS DETAILS
Bitcointalk username: salyboybtt
Bitccointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2289523;sa=summary
ETH Address: 0xdB4697A4167B427079549834422935B532D77668

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