Emirex Trust On CoinMarketCap And CoinGecko Skyrockets

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2022-10-05

Dear Emirex Users,

 

Yet another time, the team behind Emirex is glad to bring some amazing news about your favorite exchange. It’s time we let you know about our trust ratings on CoinMarketCap and Coingecko and highlight how much the trust score is and how we got there. As you all know, we’re always hard at work to bring you the easiest and most secure service, allowing you to trade and navigate the crypto realm with confidence and trust. 

 

Why Do People Trust Emirex?

 

Well, it’s very simple: Nothing can be accomplished without hard work and dedication, and by consistently improving aspects of the website that everybody cares about, including us, we find ourselves on the right path and with the continuous support of the powerful Emirex community, nothing should stop us from being a truly trusted and genuinely honest exchange mixing all the core features for a crypto user and all the necessary bells and whistles to make the experience close to perfect. 

 

Emirex’s trust score on the biggest crypto tracking services in the world is nothing short of an indicator that the exchange is moving in the right direction, and those who start using it earlier will have more opportunities to experience all the new technical solutions that are added or improved.

 

How Is Trust Score Determined?

 

The rating is determined by several facts:

CoinMarketCap ranks and rates exchanges based on the following factors:

 

  • Web traffic score

  • Liquidity ratio 

  • Volume

  • Confidence, confirming that the trading volume reported by the exchange is reliable. 

 

The above factors are weighted and the spot exchange is given a score between 0.0 and 10.0. The Emirex exchange rates 7 out of 10.

 

Image 1: Emirex Trust Scores and Rating from CoinMarketCap

 

Сoingecko ranks according to the Trust Score methodology - this is an evaluation algorithm developed by CoinGecko to assess the legitimacy of trading volume on the exchange. Trust Score is calculated on a number of indicators such as: 

 

  • Liquidity, 

  • Scale of operations, 

  • Cybersecurity score


 

Image 2: Emirex Trust Scores and Rating from CoinGecko

 

As the graphs show, we’re getting closer to a perfect 10 and as we move along, we’re certain we’ll be getting closer than ever. The Emirex team would like to thank YOU for helping us achieve these goals. The Emirex community is our strongest indicator that we’re doing the right thing and pushing Emirex forward on the path of building infrastructure for the future economy and the upcoming waves of traders and investors. 

 

How Does Emirex Achieve A High Trust Score?

 

To begin with, Emirex is properly licensed and authorized to conduct all the operations that it does. Next, the liquidity is transparent and annual audits keep everything in check and fully available to anyone wanting to verify the exchange as one they should be trading on. Emirex continues to offer 24/7 support that allows anyone to find solutions to their problems or if they find any difficulty using the exchange. Which segues into the next point of an easy to use and understand UI/UX that doesn’t leave the user confused or unhappy. Emirex is properly funded, scaled and staffed, leaving no room for mediocrity in different aspects. Emirex partners work together to help the exchange have all the necessary resources it needs and achieve its goals and grow to find new markets and users. 

 

Thanks for your support and your trust! We couldn’t have done it without you. 

 

Team Emirex