Emirex
Emirex, operated by Estonia-registered BME Technologies OU, is a centralized cryptocurrency spot exchange offering fiat on/off-ramps, an IEO/SFC token launchpad, staking/yield products, and a native LLD token for retail and project-issuer customers across Africa, Asia, Europe, and the Middle East.
- Company typePrivate
- Founded2019
- HeadquartersDubai, United Arab Emirates
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Emirex does
Emirex is a centralized cryptocurrency spot exchange operated by BME Technologies OU, a private limited company registered in Estonia (registration number 14710805), with a stated city footprint in Dubai and asserted coverage across Africa, Asia, Europe, and the Middle East. Founded in 2019, the platform combines a web-based spot trading venue supporting major cryptocurrencies (including BTC, ETH, SOL, XRP, DOT, LINK, DOGE, ALGO, LTC, BCH, ADA, and BNB) against USDC and USDT stablecoins, a fiat gateway for bank deposits/withdrawals and card-based purchases, an IEO/SFC launchpad for tokenized asset issuance, an Earn module for staking/yield, and a native platform token (LLD) traded against USDT. Compliance credentials are a central pillar of the company's positioning: the platform claims ISO 27001 certification, EU regulatory alignment, and operates under a Canadian Money Services Business license (M23576469).
The business model is built on transaction-based revenue. Trading commissions on spot execution are the primary revenue stream, supplemented by listing fees charged to projects launching tokens through the IEO/SFC platform. Go-to-market is product-led and self-serve: traders can sign up via the web, deposit fiat, and access both a beginner-friendly interface and professional trading tools, while issuers apply for listings through a dedicated intake flow. Distribution leverages earned media (Forbes Middle East, Cointelegraph, CoinSpeaker, Bitcoin.com, ZeroHedge, Yahoo Finance, NewsBTC) and a weekly crypto news digest to drive top-of-funnel traffic, with no enterprise sales motion evident.
Evidence on scale is limited but suggests a small operation. Reported 24-hour volumes across the 14 listed spot pairs total approximately $635K (with BTC/USDC at $132K and ETH/USDC at $76.3K), and the company is listed at 11–50 employees with two disclosed funding rounds (Alpha Sigma Capital in October 2020 and an undisclosed second round in April 2021) at undisclosed amounts. Leadership visible in the data comprises co-founder Grigory Rybalchenko and Chief Strategy Officer Sean Stockell, with no broader management team publicly disclosed.
Emirex firmographics
Firmographics- Name
- Emirex
- Legal name
- BME Technologies OU
- Website
- https://emirex.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Emirex, operated by Estonia-registered BME Technologies OU, is a centralized cryptocurrency spot exchange offering fiat on/off-ramps, an IEO/SFC token launchpad, staking/yield products, and a native LLD token for retail and project-issuer customers across Africa, Asia, Europe, and the Middle East.
- Ownership category
- akta.pro rank
Emirex industry classification
Industry- Product category
- Cryptocurrency Exchange
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (5232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Centralized Crypto Exchanges (CEX) (FSAPADAA)
- akta.pro secondary industries
- Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)
Keywords
Where Emirex is headquartered
LocationHeadquarters
- HQ city
- Dubai
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices1 record
Markets served
Emirex business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Trading Fees: Commission charged on spot trading transactions executed on the platform. Revenue generated from the spread between buy and sell prices.
- Listing Fees: Fees charged to projects seeking to launch tokens through the IEO/SFC platform.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Emirex product offering
Product offeringCore offering
Emirex is a centralized cryptocurrency exchange platform that enables users to trade major digital assets such as BTC, ETH, SOL, XRP, DOT, and others against USDC and USDT stablecoins. The platform also provides a fiat gateway for bank deposits, withdrawals, and card purchases, an IEO/SFC token launch service for issuers, and an Earn module for staking and yield generation on digital asset holdings.
Product overview
Emirex is a cryptocurrency exchange platform operated by BME Technologies OU, a company registered in the Republic of Estonia. The platform offers a suite of products including a Spot Trading Platform for cryptocurrency exchange, a Fiat Gateway for depositing/withdrawing funds via bank accounts and cards, an IEO/SFC Platform for launching new tokenized assets, and an Earn module for staking and yield generation. The platform supports trading of major cryptocurrencies including BTC, ETH, SOL, XRP, DOT, LINK, DOGE, ALGO, LTC, BCH, ADA, and BNB against USDC/USDT stablecoins, with LLD being the platform's native token. Emirex targets users across Africa, Asia, Europe, and the Middle East, providing both novice-friendly interfaces and professional trading tools.
Differentiator
Problem solved
Functional benefit
Products and services
- Spot Trading Platform
Companies that use Emirex
Customer profileSegments3 records
Ideal customer profiles3 records
Emirex technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Emirex partnerships and signals
Strategic signalScale indicators9 records
Recent moves6 records
Expansion highlights5 records
Emirex competitors and assessment
Company assessmentDirect peers
- BitOasis: BitOasis is a Dubai-headquartered centralized crypto exchange focused on retail and professional traders across the Middle East and North Africa. Like Emirex, it emphasizes fiat on/off-ramps, regulatory compliance in the MENA region, and serves traders seeking regulated venue access — a directly comparable niche.
- Rain: Rain is a Bahrain-licensed centralized crypto exchange serving retail and institutional clients across the Middle East. Both Rain and Emirex position themselves as regulated CEXs with fiat gateways targeting regional wealth and emerging-market corridors.
- Bitstamp: Bitstamp is a regulated European centralized crypto exchange known for its fiat gateway and compliance posture. Emirex mirrors Bitstamp's regulated-CEX-with-fiat-ramp model and competes for similar EU/EMEA retail and professional trading flow.
- CEX.IO: CEX.IO is a UK-registered centralized crypto exchange with strong fiat on/off-ramp and card-purchase functionality. It is comparable to Emirex in product scope (spot trading, fiat gateway, instant card purchases) and target audience of retail and professional traders globally.
Broad incumbents
- Crypto.com: Crypto.com operates a global centralized crypto exchange with extensive fiat gateway and card services. It competes with Emirex for the same retail and professional trader base but offers substantially broader liquidity, product depth, and marketing reach.
- Kraken: Kraken is a long-standing regulated centralized crypto exchange serving retail and institutional traders globally. Like Emirex, it competes on regulatory credibility and security (compliance certifications) but at much larger scale and across more geographies.
- Binance: Binance is the world's largest centralized crypto exchange by volume. While it dwarfs Emirex in scale, Binance competes for the same cross-border retail flow in Africa, Asia, Europe, and the Middle East that Emirex targets, and has its own IEO launchpad (Binance Launchpad).
- OKX: OKX is a top-tier global centralized crypto exchange with deep spot and derivatives liquidity. It is comparable to Emirex as a multi-product exchange targeting active traders, but at vastly greater scale and with a much wider asset listing.
- Bybit: Bybit is a global centralized crypto exchange strong in spot and derivatives, with significant user acquisition in Asia and the Middle East. It competes with Emirex for the same professional and retail trader segments in Emirex's claimed geographies.
- Coinbase: Coinbase is a US-headquartered, publicly traded, regulated centralized crypto exchange. While its regulatory regime (US) differs from Emirex's (EU/Estonia), both compete on being compliance-forward retail exchanges targeting traders who prioritize regulated venues.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Emirex social profiles
Digital presenceEmirex compliance and trust
Trust signalCompliance2 records
Emirex financial estimates
Financial estimateRevenue estimate
Valuation estimate
Emirex leadership team
Management profileNumber of profiles
Profiles2 records
Emirex funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Emirex M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Emirex
What does Emirex do?
Emirex is a centralized cryptocurrency exchange platform that enables users to trade major digital assets such as BTC, ETH, SOL, XRP, DOT, and others against USDC and USDT stablecoins. The platform also provides a fiat gateway for bank deposits, withdrawals, and card purchases, an IEO/SFC token launch service for issuers, and an Earn module for staking and yield generation on digital asset holdings.
Is Emirex a public or private company?
Emirex is a private company. It is classified as unknown and is currently operating.
When was Emirex founded?
Emirex was founded in 2019. It employs 11 to 50 people.
Where is Emirex based?
Emirex is headquartered in Dubai, United Arab Emirates, in the Middle East region.
How does Emirex make money?
Two revenue lines are on record. Trading Fees are the primary driver. The others are listing Fees.
Who are Emirex's main competitors?
Direct peers on record are BitOasis, Rain, Bitstamp and CEX.IO. Broad incumbents are Crypto.com, Kraken, Binance, OKX, Bybit and Coinbase.
Does Emirex have an API?
Yes. Emirex provides API documentation for developers at https://docs.emirex.com/, though specific API type (REST, GraphQL, webhooks), authentication methods, rate limits, and versioning details are not specified in the available source data. Developer documentation is at docs.emirex.com.
What industry is Emirex in?
Emirex's product category is Cryptocurrency Exchange. Its primary akta.pro industry code is FSAPADAA, Centralized Crypto Exchanges (CEX), with a secondary code of FSADAAAG, Crypto Custody & Exchange Wallet Services (Integrated). Its NAICS code is 5231 and its SIC code is 6200.