About Emx
EMX is a cryptocurrency exchange registered in USA. It has been up and running since May 2019. EMX focuses on derivatives trading. A derivative is an instrument priced based on the value of another asset (normally stocks, bonds, commodities etc). In the cryptocurrency world, derivatives accordingly derive its values from the prices of specific cryptocurrencies. You can engage in derivatives trading connected to the following cryptos here: BTC, USDT, ETH, LINK, XTZ.
EMX proposes to offer a trading platform aimed at revolutionizing global derivatives markets. is developing the Exchange ( ), based on this platform, which will offer futures contracts which give price exposure to underlying assets as varied as crude oil, gold, stock indices, or bitcoin. The team consists of experienced quantitative traders, exchange officers, market makers, FCM employees, and engineers
The platform supports futures contracts that encompass traditional equity indices, major fiat currency pairings, and tangible commodities like gold and oil. Therefore, EMX is one of the first institutional-grade cryptocurrency derivatives trading platform to bridge the gap with conventional derivatives. The company provides allows trades on equities, commodities, and digital assets without the need to convert them into fiat first.
Emx Exchange Basic Points
Exchange Name | EMX |
Withdraw Fees | 0.5% + 10 BRL |
Language | English |
Fiat Deposit | Yes |
Deposit Fees | Free. Small deposit fees apply. |
Easy To Use | Yes |
Security | High |
Maker fee | 0.025% |
Taker fee | 0.05% |
BTC Withdrawal limit | N/A |
Customer Support | Available At Ticket & Live Chat |
Official Site | Homepage |
How To Start ?
How To Sign Up At Emx Exchange ?
How To Deposit Fund At Emx Exchange ?
How To Trade At Emx Exchange ?
How To Withdraw At Emx Exchange ?
How To Verify Id At Emx?
EMX Trading fees
Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. Many exchanges divide between takers and makers. Takers are the one who “take” an existing order from the order book. Makers are the ones who add orders to the order book, thereby making liquidity at the platform.
At The, takers pay 0.10% (or less). Makers, however, get paid to trade. Their trading fee is thus -0.03%. How does this work then? Well, let’s say that you create a sell order for Bitcoin, where you sell a certain amount of Bitcoin for USD 10,000. No matching order is on the order book when you create your order. A buyer then comes along and accepts your order. You were then the maker in this trade (the buyer was the taker). If the maker fee was -0.03%, as it is at , for instance, you would not only get USD 10,000, you would also receive an additional 3.00 USD on top of that.
EMX Withdrawal fees
To understanding, EMX does not charge any fees of their own when you withdraw crypto from your account at the platform. Accordingly, the only fee you have to think about when withdrawing are the network fees. The network fees are fees paid to the miners of the relevant crypto/blockchain, and not fees paid to the exchange itself. Network fees vary from day to day depending on the network pressure. In general though, only paying the network fees should be considered as below global industry average when it comes to fee levels for crypto withdrawals.
EMX Token
The proposed system works through the issuance of the EMX token (EMX), an Ethereum-based token. EMX is used for collateral and discounted fees. The holders may also choose to play the role of a lender and stake their tokens in return for a fee. The usage of an token as a trader or lender on the platform carries risk, so it is imperative to understand how the ecosystem works.
Features
Contracts
EMX will list both crypto futures and traditional equity, commodity, and currency futures. Some of the initial contracts will include:
● BTC-USD
● ETH-USD
● EMX-USD
● EMX Large Cap Crypto Index
● US Equity Index
● Oil
Platforms and Connectivity
They will launch a web-based trading platform with REST and WebSocket APIs. Additional
enhancements will include:
● Mobile “responsive” web App
● Native Android App
● Native iOS App
● Native Desktop Apps (Windows, OS X)
● FIX APIs
Language support
They will launch with English, Korean, and Chinese language options in the trading application. Other languages (Japanese, Russian, etc) will be implemented over time.