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Futures Taker Fee ComparisonTOP 5 by the lowest fees are: @AAXExchange, @CoinFLEXdotcom, @HuobiGlobal, @binance and @OKEx
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What will AAX do to make AAB more valuable in the future?
Hello, thank you for your question  AAX is conducting daily coin burns funded by 100% of the derivatives revenue. This process will continue until 50% of the total supply of AAB is destroyed. While AAX is gaining popularity, AAB supply is diminishing, each AAB's price will correspondingly increase. |
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Just saw this project but the interesting thing is that you expect people that did not buy this token before April 16 at $0.5 to now buy at $1 per tokens. The time we use to see crazy pricing like this is long gone, even hat is the assurance that the price will not dumped after listing.
Hello, the sales of our token have exceeded all expectations. It sold a lot more than the minimum, so we do not see any problems in the price or sale
BTC WILL BOOM AS BITCOIN HALVING APPROACHES | Digibyte NEWS! AAX Cryptocurrency Exchangehttps://www.youtube.com/watch?v=HgFmhSlX1lk
Why Millennials and Crypto are made for each otherMillennials are known for their critical stance towards established industries – driven by a sense of fairness, environmental and other concerns. Just like napkins, plastic bags, straws or even golf, traditional finance is under review. Now, as crypto continues to rise, it seems this generation is ready to leave the world of banks for good. With a passion and optimism to do things differently, $200 billion in value has already been freed from the banking system and now resides in the alternative crypto market. https://academy.aax.com/en/why-millennials-and-crypto-are-made-for-each-other/ |
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After 2 successful flash sale rounds, our exchange token AAB has now hit the spot market and is on offer for 1 USDT per token.
Now is the time to get your AAB and grow with AAX as we connect crypto to global finance.
Is this stable token? It was cool that the price remain above 1 usdt since listed, but still don't know what will happen going forward. Something that is rarely to seen in crypto projects lately anyway. Unfortunately 24 volumes show "something", it's too large for a new listing token  This project is really worth your investment now because the trading volume and liquidity of this coin is still very high and will certainly attract a lot of new investors in the near future. I congratulate the project on achieving it and hope to add more updates to everyone here. Now I will be more interested in this coin and maybe someday I will invest in AAB Thanks for your words! At this stage, the project is developing as planned and our team is ready to provide even more interesting things for our users. Follow our news. We hope to interest you 
The role of crypto exchanges in funding blockchain as the catalyst for a true digital economyhttps://academy.aax.com/en/the-role-of-crypto-exchanges-in-funding-blockchain-as-the-catalyst-for-a-true-digital-economy/ |
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After 2 successful flash sale rounds, our exchange token AAB has now hit the spot market and is on offer for 1 USDT per token.
Now is the time to get your AAB and grow with AAX as we connect crypto to global finance.
Is this stable token? It was cool that the price remain above 1 usdt since listed, but still don't know what will happen going forward. Something that is rarely to seen in crypto projects lately anyway. Unfortunately 24 volumes show "something", it's too large for a new listing token The cost of the coin at the moment is about 1 USDT, while it is trading even higher. At the same time, of course, we can't predict the future, but at the same time we are doing everything possible to ensure that our token is in demand.
Talk by Michael Wong at the London Stock Exchange
This talk was given by Michael Wong at AAX’s official launch at the London Stock Exchange.https://blog.aax.com/en/2019/12/09/talk-by-michael-wong-at-the-london-stock-exchange/ |
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Crypto trading using Bollinger Bands Bollinger Band is a popular technical analysis tool used by crypto traders to define high or low on a relative basis. Developed and named after by the US-based technical analyst John Bollinger in the 1980s, this tool has become a popular option for traders trying to predict future market behavior.  https://academy.aax.com/en/crypto-trading-using-bollinger-bands/
AAX receives strategic investment from Collinstar Capital and Consensus Lab: https://aax.zendesk.com/hc/en-us/articles/900000529783-AAX-receives-strategic-investment-from-Collinstar-Capital-and-Consensus-Lab
What a result from Round 1 AAB Flash Sale! Don't worry if you didn't get a chance to purchase AAB this time, see you again for Round 2! 15 April, 20:00 HKT Register here: https://bit.ly/3bF5uJY
This is what is called “pent up demand”! 500,000 AAB sold out in less than two hours!
It you didn’t get AAB at a discount, don’t worry. Tomorrow the spot market opens and AAB will be on offer for 1 USDT per token.
If you did get AAB, now is not the time to celebrate just yet! Get your friends to trade, push demand, and generate value on the go.
Even better, share your invitation link and earn up to 50% in commissions on every trade made by your tribe.
Get your account ready now at https://bit.ly/3bF5uJY!
The AAB excitement continues: http://aab.aax.com/
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The AAX team seems very active here in this thread. I hope it is not only because they have upcoming public sale. If in case you will not be successful in running this sale, do you have financial backing to continue your developments? Because I get the impression that you are confident with your project as I said earlier in this thread.
Thank you, our team is confident in its abilities. At this stage, we have achieved the expected success and do not intend to stop there. Follow our project and you will see many more interesting things
2 days to go until the AAB Flash Sale... SPECIAL DEAL - 50% buyers get their money back and their AAB for FREE! Set your reminder here: https://aab.aax.com/en/ |
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Great news! Today, AAX launches the 3-day AAX Russian Poster campaign for Russian community to celebrate the upcoming launch of AAB Flash Sale (on April 14). The campaign for posters sharing on Facebook/Twitter for 3 days, from April 11 to 13. How to participate here: https://t.me/AAXRussianCommunity |
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A good way to deliver news quickly and to a wide audience. I find it very convenient, I will follow your news here Thank you, follow our news, we will keep our readers informed
What interesting and useful advantages does your token provide in comparison with similar coins?
The token offers: ▪ A multi-tiered discount scheme Settling trading fees with AAB is rewarded with a 20% discount, and a further discount is granted in proportion to how much AAB clients hold relative to their overall portfolio. ▪ Optimized wealth management AAB will be used in special promotions that make lending, borrowing, staking, and saving, even more attractive. ▪ Platform upgrades AAB can be used to unlock exclusive services and facilities, trading bots and trading signals, and other premium offerings. ▪ Pioneer program AAB will be the key token to gain access to AAX’s pioneering financial products and programs, including index derivatives, tokenized commodities, security tokens, and social trading schemes.
AAX never ceases to provide the best service and seek opportunities to optimize your trading experience. We are now offering the lowest futures trading fees in the crypto space!! - Maker Fees: 0.02% - Taker Fees: 0.02% 
Understanding the crypto ecosystem The crypto industry has grown exponentially since Bitcoin was created in 2009. While at first, Bitcoin was more of a niche interest, today there’s a massive industry comprised of crypto exchanges, blockchain protocols, financial services, data aggregators, technology providers, media, conferences, mobile apps, hardware tools, and a developing regulatory environment. https://academy.aax.com/en/understanding-the-crypto-ecosystem/
Can you tell a little more about LSEG Technology, i think it's very interesting to hear for everybody
LSEG Technology provides market infrastructure technology to a wide range of first-tier financial markets, including traditional stock exchanges, inter-dealer brokers, central securities depositories (CSDs), and with AAX now a cryptocurrency and digital asset exchange as well.
Letter to the Community: Now is the time https://blog.aax.com/en/2020/04/03/letter-to-the-community-now-is-the-time/
And where else is LSEG technology applied? I already heard about this technology
LSEG Technology works with over 40 organizations and exchanges Including Borsa Italiana, HKEX, Johannesburg Stock Exchange, London Metal Exchange, London Stock Exchange Group, Singapore Exchange, Toronto Stock Exchange, Tullett Prebon, Turquoise.
AAX is proud to be the first and only digital asset exchange that runs on the Millennium Exchange trading platform. The Millennium Exchange trading platform provides market-leading performance and reliability. It is part of LSEG Technology, London Stock Exchange Group's technology solutions provider.
How to determine the value of crypto assets The price of crypto assets is for the most part driven by price discovery: as crypto traders buy and sell crypto assets on exchanges, the current going price is driven by what people are willing to spend and what people are willing to receive for selling it. https://academy.aax.com/en/how-to-determine-the-value-of-crypto-assets/
Are there any restrictions for any countries and people who want to purchase an AAB token?
You must not acquire AAB if you are a citizen or resident of Restricted Jurisdictions on AAX Platform i.e. Afghanistan, Cambodia, Myanmar, North Korea, Pakistan, Belarus, Botswana, Bosnia and Herzegovina, Burundi, Central African Republic, Democratic Republic of Congo, Egypt, Eritrea, Ghana, Guinea-Bissau, Iran, Iraq, Libya, Lebanon, Mali, Moldova, Syria, Somalia, Sudan, South Sudan, Tunisia, Zimbabwe, Crimea Sevastopol, Yemen, USA [including all USA territories like Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands (St. Croix, St. John and St. Thomas), the province of Quebec in Canada, Bahamas, Cuba, Haiti, Panama, Trinidad and Tobago, Venezuela. |
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AAX Product Roadmap
2020
Q1
- USDT settled futures contracts
- Additional fiat on and off-ramps
Q2
- Launch native exchange token, AAB
- Wealth management, part 1:borrowing
- Exchange token index futures contracts
- Tokenized commodities:Gold
- Stoploss/Takeprofit
Q3
- Wealth management, part 2:lending, staking
- Bitcoin dimensions contracts
- Additional indices
- Multi-asset as collaterals for trading
- Quarterly futures
Q4
- Margin trading
- Options
- AAB futures contracts
- Social trading and trading bot
You have a lot of items to fulfil this year. I hope your goals will not be affected by the pandemic. It seems that your exchange is a promising one. You need to think ahead as the competition is already tough. If you can attain even small portion of the popularity of BNB among crypto users, I think that would be a good start. With your advanced technology, maybe some traders or even me will be interested in using your exchange. Thank you for your words Our exchange is trying to maximize the conditions for its users so that they feel comfortable and safe
The Difference Between Shares and Cryptocurrencies Many investors that want to enter the cryptocurrency market have never traded any form of financial instrument before. Most of them, however, have some form of knowledge of the stock market. Using lessons learned from the stock market and applying them on the cryptocurrency market is not necessarily a smart move though. This post will outline a few differences and similarities between shares traded on the stock market and cryptocurrencies and their respective trading environments, and hopefully give you an overview over what to think about when comparing the two. https://academy.aax.com/en/the-difference-between-shares-and-cryptocurrencies/
Well, I sent 5 ethereum to my wallet on aax exchange, and wanted to buy some tether for the flash sale.
But my eth balance is not available, it?s locked since 8 hours and i cant do anything. (There is no open order.)
Can you please help me about it? What is wrong with my balance?
Hello, if you have technical problems with using AAX Exchange, you can ask about it here: https://t.me/aaxcommunityThey always respond quickly in this chat. You can contact for any questions. We always try to quickly answer any of your questions
Intelligence Report: Momentum Is Gaining https://blog.aax.com/en/2020/04/06/intelligence-report-momentum-is-gaining/
AAB will be listed on Biki First listing message about AAB - Biki https://www.biki.com/zh_CN/More about Biki from CMC - https://coinmarketcap.com/exchanges/biki/https://www.reddit.com/r/AAXExchange/comments/fx41ns/aab_will_be_listed_on_biki/ |
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Well, I sent 5 ethereum to my wallet on aax exchange, and wanted to buy some tether for the flash sale.
But my eth balance is not available, it?s locked since 8 hours and i cant do anything. (There is no open order.)
Can you please help me about it? What is wrong with my balance?
Hello, if you have technical problems with using AAX Exchange, you can ask about it here: https://t.me/aaxcommunity
Blockchain Interviews - Thor Chan & Michael Wong of AAX Cryptocurrency Exchange Ashton Addison interviews Thor Chan and Michael Wong of the AAX Cryptocurrency Exchange. AAX is powered by the London Stock Exchange Groups matching engine technology, and takes serious security measures to protect the integrity of the exchange and its users funds. They are currently integrated a native token into their platform, AAB, for reduced trading fees,extra member functionality and more. https://www.youtube.com/watch?v=F-qhpk8pPIM
AAB White Paper Quiz Everyday at 8pm HKT join the multiple choice quiz on Telegram (link above) to get a chance to win #AAB. The first correct answer counts, so timing is everything! Quiz will be held daily 8pm — 9pm, 10 multiple choice questions about #AAB and #AAX. https://medium.com/aaxexchange/aab-white-paper-quiz-a0137efb4d97Make sure you are first to answer against others in the competition! Get studying, check out the Whitepaper: https://bit.ly/3aSLB1H
Blockchain Interviews - Thor Chan & Michael Wong of AAX Cryptocurrency Exchange Ashton Addison interviews Thor Chan and Michael Wong of the AAX Cryptocurrency Exchange. AAX is powered by the London Stock Exchange Groups matching engine technology, and takes serious security measures to protect the integrity of the exchange and its users funds. They are currently integrated a native token into their platform, AAB, for reduced trading fees,extra member functionality and more. https://www.youtube.com/watch?v=F-qhpk8pPIMVery high quality and informative interview. Good channel, often watch their video Thank you) This interview is also available on Reuters Insider financial network: https://tmsnrt.rs/39N5qq5
Paul Jackson - Managing Director and Asia-Pacific Leader, Kroll's Cyber Risk Practice  Paul arrived as a member of the Hong Kong Police Force in 1988. With an engineering background, he moved into the technology Policing area in the mid-90s when the mobile telecommunications market first opened up. Since then he has pioneered cyber-investigations and digital forensics capabilities within the HK Police, and subsequently with Interpol and JPMorgan. |
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How to Play
1 PM the AAX Bot @AAXBountyBot
2 Click Start
3 Enter your AAX UID
4 Start referring your friends to get tickets!
Prize Pool
Total: $500 AAB — all tickets split the prize pool
Earn tickets to get prizes with small challenges
- Join the group get 1 ticket
- Invite 1 friend to join the channel get 1 ticket
- Invite 2 friends to join the channel get 2 tickets
- Invite 3 friends to join the channel get 3 tickets
- Invite 4 friends to join the channel get 4 tickets
hello sir what is the limit for each invitation to a friend and how many winners will get a prize? I see that AAX is still lonely, most likely for opportunities to win, and what kind of fraud will be banned in a program like this? we all know that there are many people who often commit fraud using many accounts, have you anticipated this? Winners must provide their contact information (such as, but not limited to your name, contact number, AAX account name)within 14 days after they have been contacted by the AAX Community Manager. Failure to provide the required information within the specified time frame will result in forfeiture of the prize. In these instances, AAX reserves the right to award unclaimed prizes to alternate contestants.
Money is in the mind: Is crypto the future? https://medium.com/aaxexchange/money-is-in-the-mind-is-crypto-the-future-aax-academy-56249ce83576 |
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Can you tell more detail about the process of daily coinburns? How it will goes?
Thanks for the question Built for aggressive price action, AAB will benefit from daily buybacks and coinburns funded by 100% of all trading fees earned by AAX on its futures markets. Any AAB bought back from the market will be permanently destroyed and auditable on the blockchain. This process will continue until 50% of the total supply of AAB is destroyed. Do you think you can reach your target funds here? I think this is not a good time to sell your tokens as a lot of users have their own problems to address first. But if you are confident to pursue this project even without achieving your financial targets here, that's better. That means you have your own money to develop your exchange. Or do you have private investors that are willing to finance your developments? We are confident in our abilities and ready for various developments. About our investors, it is a pleasure to have their support. To name a few, LinkVC, Consensus Lab, Collinstar Capital, we are in the process of confirming more. Please follow us closes on on aab.aax.com
AAX Crypto Exchange Token Launch Overview Building unique financial instruments for both retail and institutional traders, AAX plans to pour traditional financial market sophistication into crypto markets. As the market continues to mature, institutional-grade platforms like AAX excite investors. It is a next-generation crypto exchange and the first one to use the same matching engine as London Stock Exchange. With this, it targets to direct more global capital from stock and gold markets to crypto markets. https://www.altcoinbuzz.io/reviews/altcoin-projects/aax-crypto-exchange-token-launch-overview/
Michael Wong - Chief Operating Officer  Michael brings 18 years of experience in systems architecture, financial platforms, and blockchain technology. He is responsible for shaping AAX's technology strategy, partnerships, and architecture - ensuring it is building innovative, institutional-grade solutions. He's held various roles at IBM, including as Blockchain Business Development Lead. He was also Global Director of Engineering at City of London-based financial markets technology provider, Integration Systems - specializing in low-latency engineering.
Can you tell about token utility and features? What benefits do you offer to your holders?
Yea, sure As a platform utility token, AAB offers multiple benefits to the holders: - As the primary currency for the trading fees over AAX, it offers lucrative discounts to the users. All the trading fees paid using AAB attract a 20% baseline discount. Also, a maximum of 50% discounts for the client portfolios allocated to AAB. - AAB tokens will be key in driving promotions for lending and borrowing. - AAB holders can purchase social trading subscriptions. - For financial instruments like index derivatives, tokenized commodities, and security tokens, AAB is the only currency to pay trading fees. - Certain sophisticated tools and features can be optimized only using AAB. - AAB tokens will have further use in unlocking trading bots and signals. - Users holding AAB worth 100,000 USD or more can enjoy higher withdrawal limits, exclusive promotions, higher internal transfer limits, and more.
What AAB token launch will provide to platform users?
It will provide platform users access to crypto and crossover markets adding an extra dimension to trading with AAX. Additionally, the AAB token holders will have a share in the exchange growth.
AAX Product Roadmap 2020 Q1 - USDT settled futures contracts - Additional fiat on and off-ramps Q2 - Launch native exchange token, AAB - Wealth management, part 1:borrowing - Exchange token index futures contracts - Tokenized commodities:Gold - Stoploss/Takeprofit Q3 - Wealth management, part 2:lending, staking - Bitcoin dimensions contracts - Additional indices - Multi-asset as collaterals for trading - Quarterly futures Q4 - Margin trading - Options - AAB futures contracts - Social trading and trading bot
Native exchange tokens take on a more prominent role in crypto innovation https://academy.aax.com/en/native-exchange-tokens-take-on-a-more-prominent-role-in-crypto-innovation/
Trusted Technologies to Drive Adoption In our technology strategy, we settle for nothing but the best. We’ve developed a proprietary wallet system which uniquely enables investors to trade across spot, futures and over-the-counter markets, drawing from one single balance. We’ve also adopted well-established, proven technologies, such as LSEG Technology. It is this blending of systems that runs through our entire technology stack. It is what makes AAX the strongest, fastest, and most reliable exchange in the industry to date.
3 popular short-term crypto trading strategies https://academy.aax.com/en/3-popular-short-term-crypto-trading-strategies/
AAX Exchange will be launching its native exchange token AAB soon! The AAB Flash Sales will start on April 14th! SPECIAL DEAL: In the first 2 rounds, 50% buyers get their money back and their AAB for FREE! Get your account ready now at https://bit.ly/3bF5uJY! Read more about AAB at https://aab.aax.com/en/
Join our telegram channels: AAX Community: https://t.me/aaxcommunityAAX Russian Community: https://t.me/AAXRussianCommunity |
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this simply means round 1 and 2 got special discount while round 3 got none!!!!!well thank you for this info
Yes, you understood everything correctly) In the first round ▪ 50% off 500,000 AAB will be offered at a 50% discount to a maximum of 500 buyers who have successfully subscribed for participation. ▪ Get your money back 250 participants from among those 500 buyers will get their AAB for free. Winners will be determined by way of random selection of a promotional code given to each participant. ▪ 15 days lockup Upon purchase, first round buyers are required to lock their AAB up for 15 days. In the second round ▪ 50% off 500,000 AAB will be offered at a 50% discount to a maximum of 500 buyers who have successfully subscribed for participation. ▪ Get your money back 250 participants from among those 500 buyers will get their AAB for free. Winners will be determined by way of random selection of a promotional code given to each participant. ▪ 15 days lockup Upon purchase, second round buyers are required to lock their AAB up for 15 days. In the third round ▪ 9 million AAB will be offered for a total of 1 USDT each ▪ Participants can trade immediately
AAX is issuing platform token AAB, ASK ME ANYTHING! - Thor Chan, CEO of AAX https://www.reddit.com/r/AAXExchange/comments/fs5c6d/aax_is_issuing_platform_token_aab_ask_me_anything/
We are looking for reviews, articles, videos. The Official AAX Content Contest is still open for a chance to win some AAB: https://medium.com/@community_98574/aab-token-content-contest-e8c008ee19b5Don't forget to tag @AAXExchange and #AAXExchange to enter
Cool, this is the right move. All interested can ask any questions and also get rewarded for it! Yes, you are absolutely right, you can ask any questions to Thor Chan, CEO of AAX)
Can you tell more detail about the process of daily coinburns? How it will goes?
Thanks for the question Built for aggressive price action, AAB will benefit from daily buybacks and coinburns funded by 100% of all trading fees earned by AAX on its futures markets. Any AAB bought back from the market will be permanently destroyed and auditable on the blockchain. This process will continue until 50% of the total supply of AAB is destroyed.
this simply means round 1 and 2 got special discount while round 3 got none!!!!!well thank you for this info
Yes, the first 2 rounds are a great option to purchase AAB tokens. I think this is the right move from AAX to give this opportunity to interested people! Yes you are right. We offer everyone to purchase AAB tokens starting from April 14, 2020
How to determine the value of crypto assets https://academy.aax.com/en/how-to-determine-the-value-of-crypto-assets/ |
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Can you tell me please more about your Pioneer Program?
Yes, of course) AAB can be used to purchase social trading subscriptions to copytrade high-performing traders, as well as low-performing that can be copied in the reverse, with leverage. AAB is the only trading fee payment currency for engaging unique financial instruments, including index derivatives, a selection of tokenized commodities, and security tokens.
Multi-tiered Discount Scheme looks interesting It can definitely interest people AAB is the primary currency for settling up to 100% of all trading fees on AAX. - Baseline Discount Trading fees settled in AAB are discounted at 20% - Porfolio Discount For any percentage of a client’s portfolio allocated to AAB, a corresponding percentage is added to the client’s overall discount, up to a maximum discount of 50% - Clients can opt out of using AAB to settle their trading fees 1. Opting out means forfeiting the ‘Baseline Discount’; 2. Clients can still enjoy the ‘Portfolio Discount’ up to a maximum of 50%
AAB Flash Sale starting from April 14th - From 50% off to completely FREE The platform token of AAX - the most trustworthy crypto exchange powered by London Stock Exchange Technologies; - trusted by 100K users; institutional-level performance and security - 100% revenue daily buyback and burn - Use AAX to enjoy up to 50% trading fee discount https://aab.aax.com/en/
Can you tell me please more about your Pioneer Program?
Yes, of course) AAB can be used to purchase social trading subscriptions to copytrade high-performing traders, as well as low-performing that can be copied in the reverse, with leverage. AAB is the only trading fee payment currency for engaging unique financial instruments, including index derivatives, a selection of tokenized commodities, and security tokens. Hmm, interesting! And what about platform upgrades and AAB token? Clients can use AAB to unlock special features and tools to optimize the trading experience; ▪ Use AAB to unlock trading bots and trading signals ▪ AAB can be used to gain access to exclusive services and facilities, including increased API access rates, and FIX connectivity. ▪ Clients who hold more than 100,000 USD worth of AAB can enjoy: 1. Higher withdrawal and internal transfer limits; 2. Early notifications around product upgrades, events, and promotions; 3. Discounted custody services
I'm also interested to know more about Token Sale Details
Hard Cap - 9,250,000 USDT Total Issuance Amount - 50,000,000 AAB Initial Circulating Amount - 10,000,000 AAB Public Sale Price - 0.5 - 1 USDT Ticket Size - 1000 AAB Lock up period - 15 days, followed by gradual release Token Protocol - ERC20
AAX is issuing platform token AAB, ASK ME ANYTHING! - Thor Chan, CEO of AAX AAX, the next generation crypto exchange that offers over-the-counter, spot, and futures trading, today announced the upcoming launch of its native exchange token, AAB. Compared to other exchange tokens, AAB is more aggressive in terms of the monetary policy that governs it. There will be daily buybacks and coin burns, funded by 100% of AAX’s earned trading fees. This will continue until half of the total supply of 50 million AAB is destroyed. https://www.reddit.com/r/AAXExchange/comments/fs5c6d/aax_is_issuing_platform_token_aab_ask_me_anything/
Exchange CEO Forecasts Crypto Market Uptick in Coming Weeks As the world sits in flux between coronavirus and financial market concerns, AAX crypto exchange CEO, Thor Chan, thinks cryptocurrencies will ultimately make out ok. https://cointelegraph.com/news/exchange-ceo-forecasts-crypto-market-uptick-in-coming-weeks |
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What can you tell about your technology strategy? What unique things do you offer?
Hello) In our technology strategy, we settle for nothing but the best. We’ve developed a proprietary wallet system which uniquely enables investors to trade across spot, futures and over-the-counter markets, drawing from one single balance. We’ve also adopted well-established, proven technologies, such as LSEG Technology. It is this blending of systems that runs through our entire technology stack. It is what makes AAX the strongest, fastest, and most reliable exchange in the industry to date.
what security solutions do you use?
To offer the highest level of security to our clients, AAX has worked closely together with Kroll, a leading global provider of risk solutions that has advised governments, intelligence agencies and financial institutions for over 45 years. AAX is compliant with CCSS, a widely recognized standard which outlines a multi-tiered security architecture covering hot and cold wallets, policies, procedures, and multi-sig authentication mechanisms to take all-critical actions. A similarly rigorous approach is taken to the protection of client data. In addition to leveraging techniques across encryption, invisible watermarking, access controls, and maker-checker authorization systems, AAX also implements a stringent multilevel employee verification system in compliance with CCSS as well as relevant data protection and privacy ordinances.
What Is Token Burning and How Does the Crypto Space Benefit From it https://academy.aax.com/en/what-is-token-burning-and-how-does-the-crypto-space-benefit-from-it/ |
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We find ourselves in extraordinary times, and we wanted to take this opportunity to write to you personally. A letter from Thor Chan, CEO and Michael Wong, COO: https://blog.aax.com/en/2020/04/03/letter-to-the-community-now-is-the-time/
Daily buyback and burn? Why is this attractive?
AAX is offering to use 100% of the futures revenue to buyback and burn AAB on a daily basis.To give an idea of what this implies: AAX currently ranks 39th on contractmarketcap.com, between ErisX (51st) and Bakkt (36th). If we take the top 10 crypto derivatives exchanges by daily trade volume, we can see that daily volumes range between $1 billion and $11.5 billions on average. Even if AAX were to secure a place at the lower end of the top 10, generating between $1 billion to $3.5 billions a day, with maker and taker fees averaging out to 0.05%, AAX’s buy backs and coin burns would still mean the destruction of $250k to $875k worth of AAB per day. With AAX, we expect to generate $500 millions daily trade volumes by the end of 2020, break into the top 10 in 2021, with an average volume of $1.5 billions, and then onwards to $4.5 billions in 2022. There is no doubt that AAX’s daily buy burns will stimulate significant price action and present token holders with an opportunity to grow with AAX.
AAB has been a hot topic this week, it's only 10 days left until the flash sale starts so best get prepared to purchase AAB at a 50% discount. Heres how Don't forget to verify your identity and fund your account!  |
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Do I need to go through KYC to buy AAB tokens? Or is it optional?
Yes, you need to verify your identity and fund your account. Here is a quick guide to the AAB Flash Sale Rounds: https://aab.aax.com/vendor/quickGuide_en.pdf |
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What are the benefits of AAB? How is it different from others tokens??
Compared to other exchange tokens, AAB is more aggressive in terms of the monetary policy that governs it. There will be daily buybacks and coin burns, funded by 100% of AAX’s earned trading fees. This will continue until half of the total supply of 50 million AAB is destroyed. In terms of utility, AAB can be used to: - enjoy up to 50% discount on all spot and futures trades; - unlock exclusive services and facilities, trading bots, trading signals, and other premium offerings; - maximize returns on lending, saving and staking products, and borrow at a discount; - gain access to AAX’s unique financial products and programs.
The demand for AAB is growing, but the supply is shrinking - do not miss your chance to purchase at a 50% discount: http://aab.aax.com |
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