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What is Bitcoin? => Сryptocurrency exchanges => Topic started by: Bitcoin on Mar 02, 2021, 07:07 pm

Title: Aax.com
Post by: Bitcoin on Mar 02, 2021, 07:07 pm
The only market more competitive than cryptocurrency is the cryptocurrency exchange market. Binance CEO Changpeng Zhao has called the crypto exchange market "a race to the bottom". This is because trading fees will eventually be so low that it will no longer be profitable to operate an exchange. However, this pessimistic rhetoric has not stopped AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) from coming in to prove CZ wrong.

AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) is a cryptocurrency exchange that is building a bridge between traditional financial markets and crypto markets without aliening the average retail investor. AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP)'s commitment to its values of integrity, performance, and security has seen the cryptocurrency exchange grow significantly since its release almost 1 year ago. Since then it has continued to add new features, such as its deflationary AAB token.

AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) is a cryptocurrency exchange which describes itself as "an institutional grade platform for everyone". It is the first digital currency exchange powered by London Stock Exchange Group technology. This is the same technology used for stock trading on the London Stock Exchange, the Singapore Stock Exchange, the Johannesburg Stock Exchange, and the Borsa Italiana.

AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) is short for ATOM Asset Exchange, which refers to ATOM International Technology, AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP)'s parent company. In contrast to many other cryptocurrency exchanges, AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) is focused on building a secure, scalable, and future-proof trading platform that can accommodate the level of institutional participation AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) believes will inevitably come to the crypto market.

AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) Overview?
AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) is based in South East Asia and Thor Chan is the CEO. AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP)'s licence is based in Seychelles.


Thor has held many high investment and management positions at various companies including HSBC and Nokia. Michael has over a decade of experience working at IBM as an IT architect and as their blockchain development lead. He has also worked for TedEx and various NGO organizations. AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) also boasts a solid advisory board which includes Paul Jackson, Mike Newell, and Jamie Khurshid.

AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) Regulation?
Yes. The AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) cryptocurrency exchange is registered in Malta as AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) Exchange (Malta) Limited. Operating a cryptocurrency exchange out of Malta is quite common, as Malta has more lenient regulations when it comes to cryptocurrency exchanges.


AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP)'s parent company ATOM International Technology is registered in Hong Kong as ATOM International Technology Limited. As such, they are regulated by the appropriate Hong Kong authorities.

Is The AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) Exchange Safe?
Yes. The AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) cryptocurrency exchange keeps most of its digital assets in cold storage wallets that require multiple parties to access (multi-sig wallets). AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) even offers insured custody of cryptocurrencies upon request. AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) also has Kroll as its security advisor, a company which assess structural risks for over 4000 companies around the world.

AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) Platfrom Review
The biggest difference between the AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) exchange and other cryptocurrency exchanges is its use of LSEG technology for trading. This allows it to process anywhere between 60-100 thousand transactions per second with very low latency. AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) COO Michael Wong has noted that even at 99% capacity, the exchange platform can execute trades at a speed of 850 microseconds (millionth of a second).

AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) Exchange KYC

Know Your Customer (KYC) documentation such as a passport or driver's license is not required to create a trading account on the AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) cryptocurrency exchange. This is due to the lax regulations in Malta where the exchange is registered. However, some features on AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) cannot be accessed without KYC.

The AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) cryptocurrency exchange has 3 levels of KYC. At Level 0 (email only) there is a daily withdrawal limit of 2 BTC, which will suffice for most traders. All features are available except for OTC Trading and AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) Savings.

These are unlocked with Level 1 KYC verification, which requires a passport, national ID, or driver's license to complete. Level 2 KYC verification requires you to provide biometric data (face authentication). The only difference between Levels 1 and 2 is the internal transfer limit (5 BTC vs. 10 BTC).

AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) Exchange Trading Fees

Unlike most cryptocurrency exchanges, AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) has a very transparent and easily accessible fee schedule for trading and withdrawal. Spot Trading fees on AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) are some of the lowest of any exchange and can be further reduced with greater trading volume and/or by using the AAB token to pay for trading fees.

Futures Trading fees on AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) are the same regardless of the trading pair, but again be reduced using the AAB token. AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) also provides a full list of minimum withdrawal limits and costs for all of the cryptocurrencies it supports. Deposits and internal transfers are free.

AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) Exchange Fiat Withdrawals And Deposits

Cryptocurrency can be easily bought on the AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) exchange using a debit card, credit card, or bank transfer using one of AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP)'s 4 fiat-crypto payment providers. Note that all four require the completion of Level 1 KYC on AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) except for Itez, which lets you buy up to 300$USD of cryptocurrency without KYC.

The AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) cryptocurrency exchange does not support fiat withdrawals (e.g. wire to a bank account). This is also likely due to the increased regulation the exchange would be subject to if it began allowing fiat withdrawals.

AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) Exchange Cryptocurrencies

The AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) cryptocurrency exchange supports over 40 cryptocurrencies. This list includes the obvious choices like Bitcoin, Ethereum, and XRP, and also includes almost every major DeFi token such as YFI, CRV, UNI, and UMA.

While all 40+ cryptocurrencies are available for Spot Trading, only 5 are available on AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP)'s Futures market. These are BTC, ETH, COMP, LINK, and BCH. Former AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) CEO Peter Lin noted in an early interview that the exchange only lists cryptocurrencies which align with the exchange's values (Integrity, Performance, Security).


AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) Embracing DeFi
Ever since the inception of the DeFi token COMP on June 15 of this year, offering lucrative return through investment through yield farming, where idle cryptos could be utilized through different decentralized finance (DeFi) applications, promising large returns.

However, since DeFi is still relatively new and things are uncertain, Thor Chan believes it is too risky for newcomers. He said: "I think the defi craze is scaring off some new joiners to the crypto game...We wanna make it very easy for the crypto newbie to start with these first."

AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) is a progressive exchange and adopts and provides investors with exposure to the lucrative DeFi market by supporting various DeFi tokens such as ChainLink and Compound - among others.

AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) Founders
The highly resourceful development team at AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) lies in tandem with the leadership and expertise of its CEO. Thor has had an abundance of experience in the field, managing equities and derivatives, brokerage, and trading operations in Hong Kong.

Additionally, Thor was Deputy COO at FDT Group followed up with managerial roles at Microsoft, HSBC, Publicis, and App Annie. Thor's resourcefulness translated to putting together a talented team at AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) - and he is committed to making the exchange a global leader.


AAB Token
The exchange comes with its native token called AAB. The token has a top of the line built-in deflation mechanism, where the exchange will automatically burn AAB every day. It provides full transparency, and the amount burned is updated every day through their website.

The plan of the exchange is to ultimately burn off 50% of AAB token and these tokens are funded by 100% revenue of the AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) exchange.

Investors can expect to receive tremendous benefits while using AAB on the exchange.

Users can get as much as a 50% discount on any spot and future transaction and up to 100% discount on trading fees when settlements are made by AAB. Users can also enjoy higher interest rates when lending and borrowing with AAB making it one of the best crypto asset management tools.


Though its relatively new, but AAB token performance had been outstanding considering the state of the economy. Despite the stock market crash in March 2020, the release saw an astounding 9 million AAB being sold more than 2 days after its release.

Since then, the trajectory of the token has nowhere to go but up, volume in the futures market skyrocketed from under 10 million per day, reaching a record of half a billion per day in August the same year.

As of the time of writing, historical data shows the token is exhibiting substantial growth in the past 90 days.

Demand for the token continuously grew at a phenomenal rate, in its Summer Flash Sales in September, 500,000 AAB were purchased in less than seven minutes, and further in September, seven minutes turned into 57 seconds.

Quoting AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) website: "The demand for AAB is growing, but the supply is shrinking!"

Trading Fees
When it comes to trading fees, AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) spot trading possesses a 10 tier model, catering to different types of investors with different volumes, the higher the tier, the lower the fees.
Title: Re: Aax.com
Post by: PocketOption on Mar 02, 2021, 08:28 pm

AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) Exchange Review - World-class LSEG Technology
Title: Re: Aax.com
Post by: PocketOption on Mar 02, 2021, 08:29 pm

How to buy and sell crypto on the OTC market on AAX Exchange (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP)
Title: Re: Aax.com
Post by: PocketOption on Mar 02, 2021, 08:31 pm

A Tutorial for Using 110 USDT AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) Bonus Coupons
Title: Re: Aax.com
Post by: PocketOption on Mar 02, 2021, 08:32 pm

Trade Crypto and Buy Bitcoin with the AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) app|Cryptocurrency Exchange|Buy Bitcoin 2021
Title: Re: Aax.com
Post by: Bitcoin on Mar 05, 2021, 01:19 pm
AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) is giving away up to 200,000 USDT! "Are you ready to trade your way to fortune?"



Enjoy our latest trading competition on the Perpetual Futures Market! Trade and share the Prize Pool. Remember, the more participants the larger the prize. You will also have a chance to win the mysterious AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) gift box by lucky draw!

Register and share now to secure your prize pool!



100% of the commission generated from this trading competition will be distributed to AAB holders. Details of the distribution plan will be announced before competition ends.



Competition Registration:

Register HERE (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) between Mar 1, 2021 - Mar 10, 2021 (UTC) to secure the prize pool amount. 



Trading Period:

Mar 1, 2021 - Mar 21, 2021 (UTC)

Total Registration Number (X) Prize Winners to Share
1 < X <500 50,000 USDT
500 < X < 1000 100,000 USDT
1000 < X < 1500 150,000 USDT
1500 < X 200,000 USDT


Trading Competition Rules:

Trading is conducted on the futures market and eligible trading pairs are all futures markets on AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP).
All traders whose trading volume of all futures markets combined is bigger than 50,000 USDT before the AAB booster are qualified to share the prize pool.
We will backtrack your trading volume starting from March 1st.
The daily AAB holdings of each user during Mar 1 - Mar 21 will be taken into the calculation of the final score, giving AAB holders an advantage over other participants in the competition. Snapshots of all user's AAB accounts balances will be taken at a random timeslot 7 times during the campaign period. If the snapshot with the lowest amount meets the holding requirements below, the participant will get a BOOSTER to multiply your actual trading volume.
Those whose AAB holding volume is more than 50,000 AAB can share the prize pool with no minimum trading volume requirement.
AAB holdings volume <1,000 AAB >1,000 AAB >5,000 AAB >10,000AAB >50,000AAB
AAB Booster 1x 1.5x 2x 2.5x 3x


Rewards:

Prize 1 = (Your Trading Volume x Your Booster / Total Trading Volume) x 100% of Total Prize Pool
Prize 2 = 3 Lucky Draw winners get AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) gift box each
Terms and conditions:

Participants must have KYC Level 1 to participate.
Winners may be required to verify identity again upon prize distribution.
The final prize value is calculated by the number of eligible participants and total trading volume.
The KYC users from , e, Kazakhstan, Belarus, Armenia, Georgia, Azerbaijan, Turkmenistan, Moldova and Uzbekistan do not qualify for this competition and shall refer to the n post.
Market makers, internal staff and their family members are not eligible to participate in this competition.
Users will be disqualified if cross trade, wash trade or other misbehaviors are detected.
AAX (https://www.aax.com/invite/sign-up?inviteCode=6jEkWCMnEgwP) reserves the rights to amend the Terms and Conditions without prior notice.