EMIREX

Emirex is an innovative platform that includes an exchange and a marketplace where users can exchange any store of value for digital assets. It highly values the power of Digital Assets and strives to make this world a place with more economic freedom through public, open, fair, censorship-resistant networks that better serve humanity.

In early 2017, the platform founders set out to improve access to Digital Assets in the Middle East by starting to work on BitMeEx - Bitcoin Middle East Exchange. The platform became easy to use and offered access to many Digital Assets in exchange for international and local fiat currencies. In 2019, the company introduced the next stage in the technology roll-out of a professional trading platform. It has been rebranded to Emirex.com, to further reflect its roots and expansion plans.

At Emirex, we are in full compliance with upcoming developments, intending to grow our platform even more, and have built an ambitious roadmap ahead of us. We are to improve our platform to deliver a full range of services that address all the major requirements of investors and issuers of Digital Assets in the Middle East, as well as servicing the needs of investors and issuers from Africa, Asia, and Europe that are looking to get exposure to the Middle Eastern wealth. We believe that blockchain-based decentralization and transparency can foster the free movement of value around the world, supporting social welfare.

EMRX is the Emirex platform’s native utility token. The number of EMRX tokens is limited to 500,000,000. It is issued as an ERC-20 token, compliant with the Ethereum blockchain. EMRX functionality is structured around the utility it provides. It powers the infrastructure for the new digital economy brought to users by the Emirex company. EMRX creates a growth spiral through the built-in mechanism in which the ecosystem participants can earn EMRX for their participation. Proactive engagement with the wider community of traders, investors, issuers, and partners, who are the direct beneficiaries of the growth of EMRX, drives growth and generates the network effect.

As the native token of the Emirex Ecosystem, EMRX has many use cases such as listing fees for placement of tokenized assets, transactional fees from buy/sell transactions, custody and servicing fees, and commission and partner incentive schemes.