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Author Topic: [ANN] Updated: Asia Nexgen Bitcoin Exchange Launched - No Fee Trading Promotion!  (Read 11426 times)
AsiaNexgen (OP)
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July 25, 2013, 02:41:31 AM
Last edit: January 21, 2014, 08:38:31 AM by AsiaNexgen
 #1

Update: Asia Nexgen has rebranded to ANX  (www.anxbtc.com)



The new brand ANX will help us with our continuous growth across the world, with broadened scope and capabilities in providing extended services related to other crypto-currencies.

As part of the rebrand, ANX launched a new sub-brand ANXBTC (www.anxbtc.com) to focus on our core Bitcoin exchange services. ANXBTC has a new look with enhancements to our online trading platform to provide you a better Bitcoin trading experience.

To accommodate the growing demand in Altcoins, ANX has developed a new trading platform ANXPRO (www.anxpro.com) that supports Altcoins including Litecoins (LTC) and multi-currency trades.

ANXPRO has been designed with professional traders like you in mind with the following features:
  • support for Litecoins (LTC), Namecoins (NMC) and Peercoins (PPC), in addition to Bitcoins (BTC)
  • trade altcoins in no less than 10 fiat currencies (AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD and USD); a world first!
  • realtime deposit balance updates for altcoins
  • support for a variety of order types for your complex trading strategies (coming soon)
  • support for additional payment methods (coming soon)
  • access to a variety of advanced trading tools (coming soon)
  • optimized trading speed and efficiency

TRY IT OUT NOW at www.anxpro.com!

-------------------------------------------------------------------------------------------------------------------------------------------------------------------
Asia Nexgen Bitcoin Exchange (www.anx.hk)

Announcement (Official Launch)

We are happy to announce the official launch of Asia Nexgen Bitcoin Exchange.

Our mission is to provide an easy, secure, and affordable exchange for you to buy and sell bitcoins.  We want to make the experience as friction-less as possible and be your connection to bitcoins!

 Grin Grin Grin Grin Grin Grin PROMOTION!!!  Grin Grin Grin Grin Grin Grin

As part of our soft launch we gave the first 200 accounts commission free trading till the end of this month.  Now we are going to extend this welcome offer to new users in our official launch.  To allow for users to experience the ASIA NEXGEN difference we will give the first 200 accounts created from today an account that can trade commission free till the end of August.  For users part of the soft launch, your commission free trading will be extended till the end of August as well.

There are no hidden fees with this offer. We are wanting to drive awareness allowing you to try ASIA NEXGEN risk-free to see how we are different from the rest.  Come see for yourself at www.anx.hk


Why choose ASIA NEXGEN?

Three words - EASY, SECURE, and AFFORDABLE.

Easy

Frontend GUI - Our platform is professionally designed by experts from the enterprise software industry.   With many years’ experience in UI and UX design for Fortune 100 companies, our designers are passionate about their work and are committed to providing the best experience possible for our users.  Ease of use and simplicity are their number one priority.  No confusing menus and navigations.

Backend trading engine – World-class trading engine that’s built on the same technologies used by leading investment banks and trading houses.  Our developers are from the investment banking trading sector and at the forefront of latest trading functionalities and features.  Our engine supports pre-scan indicative pricing and granular order options to allow you to execute the orders exactly the way you want.  With Advanced Order Management and a trading house grade engine, you will be able to trade with speed and efficiency and feel secure in knowing ASIA NEXGEN will be able to process and execute orders in a fast moving market.

We offer flexible funding/withdrawal options allowing you to choose the easiest method for you.  We have local bank integration and other funding partners, so that funds can be deposited/withdrawn quickly.

Exceptional customer support – We strive to respond within 4 hours and resolve issues with the first response.

Customer focused – We listen to your opinions and will be implementing a feature request engine so that we can prioritize and implement features most important to you.

Secure

Security is of paramount importance to ASIA NEXGEN. As a result of this, every element of our operation has been methodically planned with this vital consideration. This includes all factors including physical intrusion, exhaustive vetting and background checking of staff members, the cold storage of coins and manual (yet efficient) processing of all withdrawal requests, and dedicated awareness to recurring security threats such as social engineering, phishing, and remote zero day exploits to only name a few.

Our staff are trained to detect suspicious transactions and requests and are qualified to comply with KYC and AML policies.

If you would like to know more about our security provisions, please review the Security & Technology section on our FAQ on our website www.anx.hk. We remain compliant with regulators and partner with financial firms to offer flexible funding and withdrawal options. Our robust compliance framework ensures that regulatory requirements are being adhered to at both local and global entities, instilling a level of trust and ensuring ASIA NEXGEN will continue to operate indefinitely.

Affordable

We strive to bring you the lowest commissions in the market.  This will help lower the spreads and increase your profits.  We are your long term trading partner in bitcoins.

Who we are?

We are a company incorporated and based in Hong Kong.  A country renown for its free economy and safety.  Our management team and Chief Architect are located here as well.  We have chosen a neutral country with a strong legal structure in place to ensure that ASIA NEXGEN can operate in safe environment with clear rules of engagement.

We are well capitalized and have a network of partners to continue to bring new services and features in the future.

We already have a couple of partners onboard to help kickstart our launch and in discussions on partnering in other future services.  We are always open to new partnerships.  If you are interested in becoming a partner or have a service that can compliment ours, please contact us at partners@anx.hk.  Institutions and individuals welcome.

We will be introducing many new exciting features and updates in the coming weeks.  Stay tuned for more.  To join our mailing lists please email mailinglist@anx.hk.

Please come experience the ASIA NEXGEN difference.  This exchange is for the bitcoin community and want to make getting access to bitcoins as easily as possible without all the complications.

If you have any questions/comments/feedback feel free to contact us at support@anx.hk.  We'd love to hear your opinion.


Sincerely,

Asia Nexgen

Customer Service Team

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July 28, 2013, 12:47:55 PM
 #2

It’s been a busy past few days since our official go-live here at Asia Nexgen and we would like to take the opportunity to thank those whom have supported us.

We are extending our launch promotion until the end of August on all new user registrations.  This means zero commission fees on the purchasing or selling of Bitcoins.

Here is a recap of our fees:

Account Opening: Free!
Bitcoin Deposits: Free!
HKD/RMB/USD Deposits:  Free!
Bitcoin Withdrawals: Free!
Local Currency Withdrawals: Free!
Buy/Sell Bitcoin transactions: 0.0%! (Promotion)
Bank Wire Withdrawals: $25 USD

Our multi-currency order book supports HKD/RMB/USD and will be adding more currencies in our upcoming releases.

We are excited to soon support additional payment options.  We are also testing some new and upcoming features of which our technology team will provide details.

Once again, thank you for making our go live so successful.  We look forward to being your preferred Bitcoin partner.


Customer Service,
Asia Nexgen
ANX.HK
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August 14, 2013, 01:32:53 PM
 #3

We have been further updating our platform.  We have added charts and numerous GUI enhancements. Withdrawals have been automated as well below a certain threshold.

We will be implementing some interesting partner programs in the coming weeks.  Stay tuned for our next update!

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August 19, 2013, 03:28:11 PM
 #4

What is your requested feature-set on our upcoming API?  Please let us know your thoughts.

https://bitcointalk.org/index.php?topic=277541.0

ANX.HK
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August 28, 2013, 03:14:32 AM
 #5

We are pleased to announce that our API is ready for beta release.  Thank you for the feedback provided!   Cheesy Cheesy Cheesy

We heard your comments and we made our JSON API a MT GOX V2 compliant implementation.  There will be no/minimal changes for customers and bots using GOX compatible APIs.  A modified trading bot will be released shortly to support our platform along with GOX, BTCE, and others.

We are releasing this as a closed beta for now.  A Market Making Programme with incentives (meaning we pay you to trade on our platform!   Grin) will also be part of our official API release.  Please email partners@anx.hk if you would like access to our beta API and join our Market Making Programme.

Sincerely,

Asia Nexgen
Customer Service Team
ANX.HK 

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September 24, 2013, 05:36:31 PM
 #6

Hi Asia Next Gen,

I have been emailing your support email for a few days now with no reply. Can you please confirm if you can accept international bank wires to buy bitcoins from client's corporate accounts?

I would like to buy and trade bitcoins from my company bank account every month. Can you please let me know if this is OK with your service?

Looking forward to hearing back. Thanks a bunch!
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September 25, 2013, 04:39:25 PM
 #7

Thank you, I got an email back.
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October 12, 2013, 01:21:40 PM
 #8

I've been using ANX for a couple of HKD and USD trades lately. Withdrawals are extremely fast compared to our Japanese friends Wink
Had a few withdrawals so far and they were all processed same day.

I wish you guys all the best, a financial hub like Hong Kong definitely needs a good and reliable Bitcoin exchange.

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October 22, 2013, 11:31:37 AM
 #9

Quote
Had a few withdrawals so far and they were all processed same day.

Thank you for the feedback.  We indeed offer daily weekday processing of all withdrawal and deposit requests.

Many thanks
Asia Nexgen
ANX.HK

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October 24, 2013, 12:00:54 PM
 #10

Just wanted to say we support Alipay and Tenpay now.

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October 26, 2013, 03:00:06 AM
 #11

Whenever I try to use your site I can login, but I get internet connection errors on most of the pages.

Check out BitcoinATMTalk - https://bitcoinatmtalk.com
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October 26, 2013, 02:21:33 PM
 #12

Whenever I try to use your site I can login, but I get internet connection errors on most of the pages.


Can you try clearing your cache or reloading the page from your phone.

If the problem persists. Please email support@ank.hk with your username.

Thanks


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November 13, 2013, 07:49:10 PM
 #13

Hi ANX,

Is is possible for you to post a copy of your money exchanger license? As i understand you are regulated as a money exchanger service in Hong Kong? Is this correct? If so, can you show us how to verify that? I think that many of us would feel comfortable using your service if you were a licensed money exchange which I believe you are.
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November 16, 2013, 05:30:21 AM
 #14

Agree with AVI686, I would like to see some licenses too.
Are your offices located in Hong Kong? or you just happens to have a ".hk" domain?



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November 18, 2013, 06:05:32 PM
 #15

Did some digging, the license checked out ok
but their address seems to be a shared business centre  Undecided
(Google the address)

Domain Whois:

Quote
Given name: ADMINISTRATOR   
Family name: SYSTEMS 
Company name: MEGA IDEA HOLDINGS LTD.
Address: 11/F, AXA CENTRE, 151 GLOUCESTER ROAD, WANCHAI, HONG KONG   
Country: HK
Phone: +852-28368120
Fax:
Email: admin@anx.com
Account Name: HK3656939T

Quote from website:

Quote
ASIA NEXGEN is an approved Money Services Operator (MSO)
with a license issued by the Hong Kong Customs and Excise Department
(License No. 13-09-01268)

Lookup License:

https://eservices.customs.gov.hk/MSOS/wsrh/001s0

Quote
MEGA IDEA HOLDINGS LIMITED TRADING AS ASIA NEXGEN
11/F, AXA CENTRE, 151 GLOUCESTER ROAD, WAN CHAI, HONG KONG

Company Info:

http://www.icris.cr.gov.hk/csci/cps_criteria.jsp

Quote
CR No.: 1918555
Company Name: MEGA IDEA HOLDINGS LIMITED
Company Type: Local Company
Date of Incorporation: 05-JUN-2013
Company Status: Private
Active Status: Live
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November 19, 2013, 05:18:09 AM
 #16

Great work JDice!
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November 24, 2013, 08:38:31 PM
 #17

@AsiaNexgen Could you elaborate on how long it takes for verification?

Additionally, how long do you take to process a wire transfer from the United States?

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December 13, 2013, 08:21:17 AM
 #18

in Chrome on OSX...same problem i've been having for weeks:


Check out BitcoinATMTalk - https://bitcoinatmtalk.com
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December 14, 2013, 10:49:12 AM
 #19

Still same error, with Firefox on osx


Check out BitcoinATMTalk - https://bitcoinatmtalk.com
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December 17, 2013, 10:43:19 PM
 #20



Although I don't see connection error, the chart ( and perhaps Volume?) seems wrong Roll Eyes




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SPIN

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December 29, 2013, 10:45:11 PM
 #21

Apologies for the delay in responding.

don4of4 - Verification is usually performed within 24 hours, weekdays.
Wire deposits are processed the same day they are received.  Wire withdrawals are also processed same day as the request.

joesmoe2012 - Can you advise of whether you're still experiencing the Connection error issue?  I am unable to replicate but am very keen to understand the underlying problem.
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December 30, 2013, 03:33:44 AM
 #22

Quote
Lookup License:

https://eservices.customs.gov.hk/MSOS/wsrh/001s0

MEGA IDEA HOLDINGS LIMITED TRADING AS ASIA NEXGEN
11/F, AXA CENTRE, 151 GLOUCESTER ROAD, WAN CHAI, HONG KONG

JDice - We have recently moved offices accommodating over 20 staff members.  Our MSO registration details will soon be updated.  If anyone would like to visit our offices and meet the team, we are more than happy to accommodate such a visit.

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January 07, 2014, 04:10:53 AM
 #23

The ANX.HK to ANXBTC.COM migration is complete and we now support AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD and USD currencies. All within a single order book!

Stay tuned for much, much more.

ANXBTC.COM

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January 18, 2014, 04:57:04 AM
 #24

ANX offers direct Australian banking!

ANX now provides local AUD deposits and withdrawals for Australian bank account holders. With same day processing of deposits and withdrawals as well as zero fees on deposits, there's no longer any reason to endure slow and costly bank wires.

ANXBTC.COM
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February 01, 2014, 10:10:00 AM
 #25

ANX offers direct Australian banking!

ANX now provides local AUD deposits and withdrawals for Australian bank account holders. With same day processing of deposits and withdrawals as well as zero fees on deposits, there's no longer any reason to endure slow and costly bank wires.

ANXBTC.COM

Holy moly how did I not know about you guys! What are the trading fees?

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February 10, 2014, 12:14:32 PM
 #26

yo why is this exchanges volume going through the roof right now? http://bitcoincharts.com/markets/

CZd9oh4FWe4f1TB69YyedxnuGyHt21zEPu
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February 10, 2014, 03:47:34 PM
 #27

If Asia Nexgen is smart, they will start a branch in Singapore. The branch may even be a totally separate company that they own. It should be licensed under Singapore law in just the same way it became licensed under Hong Kong law.

The reason is that Singapore is one of the financially strongest nations in the world. Hong Kong can be controlled somewhat by China. It isn't the same for Singapore.

The whole thing would be good for the Bitcoin scene.

It's time that we start to drive a wedge into the ever-growing banking cartel.

Smiley

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Don't be afraid to donate Bitcoin. Thank you. >>> 1JDJotyxZLFF8akGCxHeqMkD4YrrTmEAwz
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March 16, 2014, 09:06:45 PM
 #28

ANX_Service,

Can you tell me why the volume numbers from your API are all the same? For example, right now all of these return ~931 for volume:

https://anxpro.com/api/2/btcusd/money/ticker
https://anxpro.com/api/2/btcjpy/money/ticker
https://anxpro.com/api/2/btceur/money/ticker


These should return the volume of that currency pair, but appear to reflect the overall volume of BTC.

Also, you are one of the first exchanges I know of that support trading in multiple alt-currencies (I think ?) that does not publish a list of supported traded currency pairs. This makes it hard for automated systems to adjust to added currency pairs. Do you have a current/official list of pairs?
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April 08, 2014, 09:15:48 AM
 #29

Hi there, great post and happy to discuss.

One of the unique advantages of ANX is that we employ a blended multi-currency order book. Unlike other exchanges that have separate order books per currency, the ANX order book blends all of our supported fiat currencies together. This improves liquidity and also allows for our users to deal in their native currency.

You can buy Bitcoins, Dogecoins, Litecoins etc in in your preferred currency from an ANX user who is selling them in CAD,USD, NZD, JPY, EUR, GBP, SGD and more.

Recently we extended this order book to not only span currencies - but also our white labels. Customers of anxbtc.com, anxpro.com, and mengmengbi.cn are all trading in real-time, in their native currencies, across a hugely blended order book, and it's very fast Smiley

So an AUD customer selling 1 BTC to a CHF user will receive AUD, whilst the buyer will pay with CHF and receive 1 BTC. The BTC volume will go up by 1 BTC.

So the tickers you refer to are showing the BTC volumes across all of our currencies - in the same order book.

You can see this in action by changing your base currency in your settings - you'll see the order book displayed natively in your selected currency.

All of the data is transparent, you can download and analyse it to your heart's content. The API documentation is at: http://docs.anxv2.apiary.io/ (We also support the trade history method which I notice isn't in the docs yet).

As a note - the API is built to be highly compatible with the MT GOX API - if you have any now defunct MT GOX client code you can bring it back to life just by changing the URL to ours.

Finally, with regards to your query on currency static, I couldn't agree more! We have lots of goodies coming in our v3 API, but one of them is available right now - enjoy!
https://anxpro.com/api/3/currencyStatic

You might be interested to learn this method is adaptive depending on the white label. For example our China white label only takes onshore CNY:
https://www.mengmengbi.cn/api/3/currencyStatic


Best Regards,
Hugh Madden
CTO, ANX
www.anxintl.com












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April 17, 2014, 01:30:26 PM
 #30

Hello AsiaNexgen!

BitcoinSites.org has reviewed your bitcoin exchange. You can check review here: http://bitcoinsites.org/anxbtc-com/
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May 15, 2014, 08:12:53 AM
 #31


All of the data is transparent, you can download and analyse it to your heart's content. The API documentation is at: http://docs.anxv2.apiary.io/ (We also support the trade history method which I notice isn't in the docs yet).


I tried the trade history method:

/api/2/{currency_pair}/money/trade/fetch

but it also returns the same results for all pairs. So it's impossible to know what pairs are most traded in ANXBTC.

It would be a lot easier if you just return different volumes for each specific ticker. Your explanation seems confusing.

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June 02, 2014, 07:49:56 AM
 #32

Not very useful.




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June 26, 2014, 12:15:37 AM
 #33

Not very useful.





Our volume has been growing since then, anyway we are working on put separate volumes for each pair, regards.

ANXPRO
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June 26, 2014, 02:12:27 AM
 #34

Our volume has been growing since then, anyway we are working on put separate volumes for each pair, regards.


It would be good. If you do that, please tell us Wink Thanks.

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June 26, 2014, 07:10:57 PM
 #35

Our volume has been growing since then, anyway we are working on put separate volumes for each pair, regards.


It would be good. If you do that, please tell us Wink Thanks.

Yes we will be in contact as fast as we upgrade that thank you for your interest, by the way dont miss out the last few days of getting 15,000 free dogecoin for register and making first trade.
ANXPRO
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June 27, 2014, 06:40:54 AM
 #36

Not very useful.





Hello,

Let me explain more about the fact that volume in different currency pair is similar .

Other exchanges have separate order books and they have one order book for BTCEUR, another for BTCUSD. Trades, pricing, depth is all independent.

However ANX has a sophisticated engine that streams in FX rates in real-time, and blends all FIAT currencies into a single order book. Orders placed in BTCEUR can match against orders placed in BTCUSD. It's based on a very fair algorithm that converts each existing order into the equivalent price for any incoming order. USD orders are settled in USD, and EUR in EUR.

Some exchanges have tried to do multi-currency by first converting orders into a common currency, which is terrible for the customer as they suffer FX slippage.

In the case of ANX a USD order rests in USD, and a EUR in EUR. If they match, both parties receive their native currency. So when you call "/api/2/{currency_pair}/money/trade/fetch" for different currency pairs, you are actually querying against a single order book.

The data is completely transparent - the "primary" flat tells you what is going on. If a EUR trade matches against a USD trade, the USD and EUR will both be reported in the history call with primary="true".

Most charting and analytics sites continue to think of ANX as just the same as the other sites, and just choose one of our currencies to report, which is unfortunate as it doesn't accurately reflect our trades and blended order book.

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June 27, 2014, 07:49:14 AM
 #37

Not very useful.

Hello,

Let me explain more about the fact that volume in different currency pair is similar .

Other exchanges have separate order books and they have one order book for BTCEUR, another for BTCUSD. Trades, pricing, depth is all independent.

However ANX has a sophisticated engine that streams in FX rates in real-time, and blends all FIAT currencies into a single order book. Orders placed in BTCEUR can match against orders placed in BTCUSD. It's based on a very fair algorithm that converts each existing order into the equivalent price for any incoming order. USD orders are settled in USD, and EUR in EUR.

Some exchanges have tried to do multi-currency by first converting orders into a common currency, which is terrible for the customer as they suffer FX slippage.

In the case of ANX a USD order rests in USD, and a EUR in EUR. If they match, both parties receive their native currency. So when you call "/api/2/{currency_pair}/money/trade/fetch" for different currency pairs, you are actually querying against a single order book.

The data is completely transparent - the "primary" flat tells you what is going on. If a EUR trade matches against a USD trade, the USD and EUR will both be reported in the history call with primary="true".

Most charting and analytics sites continue to think of ANX as just the same as the other sites, and just choose one of our currencies to report, which is unfortunate as it doesn't accurately reflect our trades and blended order book.

Yes, I already know that. The problem is, like you said, the representation. It's not useful and it doesn't look professional. It looks fake.

How is this documented in your API documentation? What are your plans to improve the situation?

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July 13, 2014, 04:20:56 AM
 #38

Got a question about the KYC policy.

Under your information page it says:
"The ANX AML and KYC policies are as follows:
Identity and proof of address documents and transaction records will be maintained for at least six years and will be submitted to regulators as required without prior notification to registered users."

A few lines below it says:
It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and it is your responsibility to collect, report an remit the correct tax to the appropriate tax authority, regardless of jurisdiction. ANX is not responsible for determining whether taxes apply to your transaction, or for collecting, reporting or remitting any taxes arising from any transaction, to you or any taxation, governing or third authority.

Kinda confusing. Which one is it? Do you or do you not automatically submit to the taxman/IRS (Europe for example) - or is that something myself have to do? Please clarify... Thanks.
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July 13, 2014, 05:24:51 PM
 #39

Got a question about the KYC policy.

Under your information page it says:
"The ANX AML and KYC policies are as follows:
Identity and proof of address documents and transaction records will be maintained for at least six years and will be submitted to regulators as required without prior notification to registered users."

A few lines below it says:
It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and it is your responsibility to collect, report an remit the correct tax to the appropriate tax authority, regardless of jurisdiction. ANX is not responsible for determining whether taxes apply to your transaction, or for collecting, reporting or remitting any taxes arising from any transaction, to you or any taxation, governing or third authority.

Kinda confusing. Which one is it? Do you or do you not automatically submit to the taxman/IRS (Europe for example) - or is that something myself have to do? Please clarify... Thanks.

Hello, regarding to your questions , both apply, we can submit verification documents if its requested by the government, but its all we do, we do nothing related to taxes, and we dont provide any documents to government or tax authority if they dont request it.

So yes ,  you have to do the tax accounting by yourself.

Regards



ANXPRO
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July 21, 2014, 03:04:42 PM
 #40

Not very useful.

Hello,

Let me explain more about the fact that volume in different currency pair is similar .

Other exchanges have separate order books and they have one order book for BTCEUR, another for BTCUSD. Trades, pricing, depth is all independent.

However ANX has a sophisticated engine that streams in FX rates in real-time, and blends all FIAT currencies into a single order book. Orders placed in BTCEUR can match against orders placed in BTCUSD. It's based on a very fair algorithm that converts each existing order into the equivalent price for any incoming order. USD orders are settled in USD, and EUR in EUR.

Some exchanges have tried to do multi-currency by first converting orders into a common currency, which is terrible for the customer as they suffer FX slippage.

In the case of ANX a USD order rests in USD, and a EUR in EUR. If they match, both parties receive their native currency. So when you call "/api/2/{currency_pair}/money/trade/fetch" for different currency pairs, you are actually querying against a single order book.

The data is completely transparent - the "primary" flat tells you what is going on. If a EUR trade matches against a USD trade, the USD and EUR will both be reported in the history call with primary="true".

Most charting and analytics sites continue to think of ANX as just the same as the other sites, and just choose one of our currencies to report, which is unfortunate as it doesn't accurately reflect our trades and blended order book.

Yes, I already know that. The problem is, like you said, the representation. It's not useful and it doesn't look professional. It looks fake.

How is this documented in your API documentation? What are your plans to improve the situation?
+1
Currently when looking at bitcoincharts.com market list, the ANX looks like a fake volume market. You should do something with this, not just wait for community to adapt to your interface.

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September 05, 2014, 03:41:08 PM
 #41

Not very useful.

Hello,

Let me explain more about the fact that volume in different currency pair is similar .

Other exchanges have separate order books and they have one order book for BTCEUR, another for BTCUSD. Trades, pricing, depth is all independent.

However ANX has a sophisticated engine that streams in FX rates in real-time, and blends all FIAT currencies into a single order book. Orders placed in BTCEUR can match against orders placed in BTCUSD. It's based on a very fair algorithm that converts each existing order into the equivalent price for any incoming order. USD orders are settled in USD, and EUR in EUR.

Some exchanges have tried to do multi-currency by first converting orders into a common currency, which is terrible for the customer as they suffer FX slippage.

In the case of ANX a USD order rests in USD, and a EUR in EUR. If they match, both parties receive their native currency. So when you call "/api/2/{currency_pair}/money/trade/fetch" for different currency pairs, you are actually querying against a single order book.

The data is completely transparent - the "primary" flat tells you what is going on. If a EUR trade matches against a USD trade, the USD and EUR will both be reported in the history call with primary="true".

Most charting and analytics sites continue to think of ANX as just the same as the other sites, and just choose one of our currencies to report, which is unfortunate as it doesn't accurately reflect our trades and blended order book.

Yes, I already know that. The problem is, like you said, the representation. It's not useful and it doesn't look professional. It looks fake.

How is this documented in your API documentation? What are your plans to improve the situation?
+1
Currently when looking at bitcoincharts.com market list, the ANX looks like a fake volume market. You should do something with this, not just wait for community to adapt to your interface.

I'd say bitcoincharts.com is misrepresenting, rather than ANX. If it is annoying, dropping from bitcoincharts would be fine. Sorry I am not against other opinions but just would like to show there are people with opposite perspective and happy with ANX system.


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bitcointradebots.com
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October 23, 2014, 03:57:07 PM
 #42

Are there issues with EUR withdrawals currently?

I'm getting insufficient funds on wire transfer even though I do have the funds in EUR in my account.

This is obviously concerning.
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April 02, 2015, 01:21:43 AM
 #43

I was trying to set up an account and it said not available in my jurisdiction. Has the former US become so fascist Angry that I cant get this card and account. If so, my motivation for leaving will be dramatically increased
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