[ANN] Updated: Asia Nexgen Bitcoin Exchange Launched - No Fee Trading Promotion!

[ANX_Service]

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.

[1714120076]

1714120076

[ANX_Service]

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.

[ANX_Service]

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

[ANX_Service]

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

[CoinsForTech]

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?

[shadypepe]

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

[BADecker]

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.

[ax123man]

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?

[AsiaNexgen]

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

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

[BitcoinSitesOrg]

Hello AsiaNexgen!

BitcoinSites.org has reviewed your bitcoin exchange. You can check review here: http://bitcoinsites.org/anxbtc-com/

[Dâniel Fraga]

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.

[Newar]

Not very useful.

[Benjig]

Not very useful.

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

ANXPRO

[Dâniel Fraga]

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 Thanks.

[Benjig]

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 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

[AsiaNexgen]

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.

[Newar]

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?

[btcisreal]

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.

[Benjig]

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

[MusX]

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.