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If you say that withdrawal fees for EMRX are in USDT, then this exchange is a total scam. This is not the way reputed exchange should protect its token.
I also tried withdrawal yesterday, then it was canceled by their system after 24 hours but the $10 fee wasn't refunded, I made a new withdrawal assuming the fee will be taken from the previous one. Apparently not, I was charged a new fee for it. So if I withdraw $100, I only get $80 for 2 withdrawals (1 time failed).
Many members have asked this, but the admin avoids this question. I really don't recommend emirex because:
- user interface isn't friendly and incomplete trading features.
- I doubt the trading activity and volume there.
- High withdrawal fees. If the withdrawal fails, the fee won't be refunded (they seem to be playing here to rob you of it subtly). Check theie fee structure out.
- The withdrawal time can take up to 12 hours (in fact it is more than 24 hours).
- Emirex can't handle multiple withdrawals at the same time and risks being canceled by their system.
- Emirex can lock funds and delist any tokens on their spot without prior notification.
- And the mood of their telegram admin is like a woman having her period, complicated.
To be honest, this is the first time I have seen a fee required in USDT.
It is clear on Etherscan that there was no token distribution (unless it happened much earlier and the smart contract was blocked). There have been very few transactions in the last three weeks:
https://etherscan.io/token/0xbdbC2a5B32F3a5141ACd18C39883066E4daB977423 days ago $1.11 was paid for the transaction of over 2,222,000 tokens:
https://etherscan.io/tx/0x4b662da58d96c11f08deda8806f73b0af00427a6880f398906c62cda100e5cdbSo I don't understand at all where the $10 amount is coming from
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