Emirex delist their token after unlocking it what a joke

[fortunecrypto]

This is scamming their bounty hunters, after 10 months they finally unlock their token EMRX, it is still trading when the token for bounty hunters are locked, but soon after they unlock it, they delist their token on their own exchange now, bounty hunters has no way to sell their token, they are very cunning and they want toi scam theirt bounty hunters, now the token is stuck on the platform with no way to sell.

[noorman0]

I briefly visited the exchange site, it looks like they are based in the UAE and I think they are just losers in that rich country.
In order to pressure emirex team to immediately settle their debt to the bounty hunters, wouldn't this thread be better off being on the scam board?

[Dariusburst]

They are doing this to avoid dumps but it shows that their exchange token isn't as demanding, after emirex launched their exchange that's when Wazirx get launched but not at Wazirx today, they are doing so well, exchanges are of different levels honestly, I don't like emirex or any projects that put locks on tokens, it shows they aren't capable.

[_IRMAN]

From the start, this project was suspicious, they could do a token sale (ICO) even though the token was already being traded on the market
No wonder this project ends up being a scam.

[fortunecrypto]

I briefly visited the exchange site, it looks like they are based in the UAE and I think they are just losers in that rich country.
In order to pressure emirex team to immediately settle their debt to the bounty hunters, wouldn't this thread be better off being on the scam board?

I really like to do that but maybe we will have one in the scam board I like to point out to the developmen team that what they have done is not right and they can still rectify or correct it, did they really hate bounty hunters that they do not want to trade or dump their token when it really deserves to be dump, I hope they let bounty hunters to trade in their platform, this is one project that should go the drain.

[batang_bitcoin]

They have compromised the rewards for the bounty hunters if they've done that in purpose. Dump is about to come once the lock for the rewards for the BHs have gone or expired. To avoid further dumping to their market, they have to do this.
Is there any statement coming from them that they've delisted their own token onto their own exchange? that seems to be a funny incident that I've seen for the very first time.

[H1N1]

The timing of the unlocked token and delisting the token is very coincidence, or that was the plan from the beginning.
That is very unfair, what an awful exchange! I think we should never trust token that listed on unknown exchange easily.
I think better to join campaign that distribute the reward without locking the token or unlock it later.

[qazgroup]

This is scamming their bounty hunters, after 10 months they finally unlock their token EMRX, it is still trading when the token for bounty hunters are locked, but soon after they unlock it, they delist their token on their own exchange now, bounty hunters has no way to sell their token, they are very cunning and they want toi scam theirt bounty hunters, now the token is stuck on the platform with no way to sell.

If you feel that bounty hunters are scammed in anyway in this regard then you definitely should contact the team about it and if no solution is provided from them, you should open scam accusation thread here and other places to atleast name and shame them.

[yangongear]

Also their withdraw fee is ridiculous, most are $ 10 or more with all cryptos. After my tokens unlocked, I placed an order then they lock my token again and delist all of EMRX trading pairs lol. Such a scam behavior.

[CuriousGeorge]

Also their withdraw fee is ridiculous, most are $ 10 or more with all cryptos. After my tokens unlocked, I placed an order then they lock my token again and delist all of EMRX trading pairs lol. Such a scam behavior.

That has proven if this exchange site has been running by scammers. Just spread the more awareness about this and let everyone know avoid to deal with this scam exchange site.
People should never try to put their money on the scam exchange site like EMRX.
The fact that the developers has control over its smartcontract and it has been putting the backdoor. This already planned since the bounty has started.

[Nalbo]

It's fishy when the exchange token disappears from the exchange itself. But it seems the BTC pair for the emirex exchange is live again. The token is also being traded on hitbtc but the price has plunged about 50% already. There were surely some issues with the token and exchange but they are still getting funds and are operating. I don't think the temporary lose of trading pair, price decrease would make them a contender for scam.

[Bitstar_coin]

Yes i completely agree with the OP, this emirex project are big time scammers and i think all bounty hunters should open a scam accusation about their shity project, i have known it all along that they are going to scam hunters because of their shady attitude, not very transparent, what is the need to delist the token from the only exchange it was trade on! lol, all the effort of hunters to promote this scam project just go to waste, i really feel sad for hunters.

[icekohl]

Bounty tokens for hunters is not too much, but its price dropped 50% too easy in just few minutes. My tokens was unlocked but I could not sell in time, and now only get back over $ 10 for the 10 months of waiting.

[Coin-1]

As far as I understand, the Emirex team did not send EMRX tokens to bounty hunters at all. They simply "credited" accounts opened on the Emirex exchange, so their actual costs were zero. I am curious if it is possible to withdraw these tokens to an Ethereum address and try to sell them on DEXes.

I don't know what is the reason for delisting their own token. In any case, in my opinion, such behavior of the team can be considered a fraud. Bounty hunters are not investors, so they shouldn't pay in stable USDT coins to receive the rewards they earn.

I found the official account: Emirex_Support

I also found their announcement thread:
[ANN] Emirex Official - The Infrastructure for the New Digital Economy

[plvbob0070]

I briefly visited the exchange site, it looks like they are based in the UAE and I think they are just losers in that rich country.
In order to pressure emirex team to immediately settle their debt to the bounty hunters, wouldn't this thread be better off being on the scam board?

I really like to do that but maybe we will have one in the scam board I like to point out to the developmen team that what they have done is not right and they can still rectify or correct it, did they really hate bounty hunters that they do not want to trade or dump their token when it really deserves to be dump, I hope they let bounty hunters to trade in their platform, this is one project that should go the drain.

If that's the case, then it contradicts their statement of having a professional team. It is their responsibility to escalate the concerns of bounty hunters, as they have benefited from them in any aspect. They have used them for their own benefit, without thinking about how it helped their development. It is unlikely people will lose their trust in this exchange, as they can't fulfill their promises and do their job properly. It is unright for them to take away the opportunity to sell the tokens that they have earned because of their hard work.

[shoreno]

The timing of the unlocked token and delisting the token is very coincidence, or that was the plan from the beginning.

@batang_bitcoin said this

Dump is about to come once the lock for the rewards for the BHs have gone or expired. To avoid further dumping to their market, they have to do this.

maybe that was the real reason for the delisting and it was only temporary .

That is very unfair, what an awful exchange! I think we should never trust token that listed on unknown exchange easily.
I think better to join campaign that distribute the reward without locking the token or unlock it later.

they say that it was thier own exchange . them as a bounty hunter should know this from the start that they are going to list the coin on thier own exchange but isnt that risky ? because they can do whatever they want but hunters still join but if they say that the coin will be listed on other more popular exchanges that will be better .

 they should also said clearly if they will lock the tokens or not so that hunters can avoid joining them but most bounty and airdrops dont do this, they love surprises

[TopTort777]

I briefly visited the exchange site, it looks like they are based in the UAE and I think they are just losers in that rich country.

They got you on the hook. They want to look that they are from "rich country" so everyone would have no doubts about them being honest. They even put on the page that their country has "the most demand for digital assets in the Middle East", but if you scroll down you would see they are registered in Estonia. Google this address and all that rich mist dispels. Rich country representatives register company in Estonia, somewhere, where already lots of companies are registered. Shady. I doubt that Emirex representatives are not from UAE at all.

[bttmember]

These guys were suspicious from day one, I deposited bfclcoin on this exchange which they announced after months to swap into niwix which i did but almost after 2 years those tokens are still not tradable or even transferable, these guys should be reported to authorities so that this scam exchange can be taken down and these people get punished.

[coin-investor]

A scam report should be created on this exchange this is a shady exchange and will soon scam their traders, they are manipulating their platform and the bounty hunters, they locked the token for ten months then they de list their token in their platform after they unlock it, I have not seen an exchange de listing it's own token, they are very cunning don't trade and deposit your money to these manipulators.

[alisonwonder]

We will see in early November whether the EMRX token has been opened again or not because if not then we should have put this on the scam board so that it can make a lot of people be careful when using this exchange and note all the teams behind this platform, I see anomalies On this platform, they are registered with only 2 teams and they are not from Arabic, these two people are from Russia, while at the beginning I saw a team from Arab so that if this changes then they have already committed fraud from the beginning like the BCNEX case that occurred in several time ago.