[ANN][AAB] AAX - The World’s First Digital Asset Exchange by LSEG Technology

[huanting55]

Wow, AAX and AAB both already on CoinMarketCap:

https://coinmarketcap.com/exchanges/aax/
https://coinmarketcap.com/currencies/aax-token/

[sidik7]

Wow, AAX and AAB both already on CoinMarketCap:

https://coinmarketcap.com/exchanges/aax/
https://coinmarketcap.com/currencies/aax-token/

congratulations, I noticed that the AAX exchange progress continues to show its good quality now has entered the coinmarketcap whether there will be a significant growing exchange such as community growth, and hope more pairs come in there

[grimico33]

Indices, explained. Crypto, obtained

There are many different trading styles, but at the highest level we can define two overall approaches: active and passive investing.

https://academy.aax.com/en/indices-explained-crypto-obtained/

[winston236]

Intelligence Report: Can Bitcoin Break $7,800?

After the price consolidation above the USD$7,000 zone, the Bitcoin market became somewhat indecisive, showing no clear direction. Following the Bitcoin/USD exchange rate race up to USD$7,800, the price immediately dropped back below USD$7,500.

The Bitcoin price is trending horizontally within a narrow range which shows decreasing price volatility. The price ranges from USD$7,000 to USD$7,800. The USD$7800 resistance is the first hurdle to overcome.

If Bitcoin can hold its closing price above USD$7,400 for two consecutive days, we can see this as optimism and potentially more gains.

https://blog.aax.com/en/2020/04/27/intelligence-report-can-bitcoin-break-7800/

[winston236]

Dimensions 101: Bitcoin Dominance, Altcoin Season, and Crypto Investments

Since its birth, Bitcoin has been dominating the crypto space.

Despite that thousands of altcoins exist today, no other cryptocurrency has managed to take over BTC’s place as the top dog.

And this doesn’t come as a surprise.

Bitcoin, as the world’s original cryptocurrency, boasts a good reputation, a large community, as well as regular media attention.

But what does BTC dominance mean for crypto investors?

https://academy.aax.com/en/dimensions-101-bitcoin-dominance-altcoin-season-and-crypto-investments/

[winston236]

Guess the Bitcoin price after the halving and win up to 1,000 AAB tokens!

Guess the price at https://campaign.aax.com/btc-halving/en/

[AAXExchange]

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.

[winston236]

Okay, do you plan to list AAB token on other exchanges?

Hey, AAB token is due to be listed on Biki exchange in the near future: https://www.biki51.com/zh_CN/noticeInfo/2481

[AAXExchange]

Futures Taker Fee Comparison

TOP 5 by the lowest fees are:

@AAXExchange, @CoinFLEXdotcom, @HuobiGlobal, @binance and @OKEx

[winston236]

Also I have one more question, do you work with any big names?

AAX is also the first one that joined London Stock Exchange Global Partner Platform which is a network of over 400 institutions. Also, our business partners include Elliptic, Kroll, AWS, Refinitiv and many more to be announced.

[sidik7]

AAX is also the first one that joined London Stock Exchange Global Partner Platform which is a network of over 400 institutions. Also, our business partners include Elliptic, Kroll, AWS, Refinitiv and many more to be announced.

that good, have a big partners because the impact is very high likes in the growth investor come and then the increase the level of trust because the role of the partners has a very big impact.

[cryptonx]

From TikTok to Crypto: With Gen Z Comes Gamification — AAX News & Insights
The accessibility, convenience and familiarity of dApps, but also Browser solutions like Brave makes complete sense at a time when the virtual world is one of the last bastions of freedom. It is where young people have a definite edge over the established order to express themselves, search out truth, form identities, and accumulate wealth — whether that’s through content production, trading or participating in a mining pool.
read more here https://medium.com/aaxexchange/from-tiktok-to-crypto-with-gen-z-comes-gamification-aax-news-insights-fd77a33d4831

[DashingAgent]

When this shitcoin will be listed on binance and other exchanges or do you have no plan? you always want to keep this coin in shitcoins level?
To be noted, binance BNB listed on many exchanges, just look the exchanges where bnb is listed, instead of destroying the coins, you should pay that fee to list that token on other exchanges otherwise holding BNB has more benefits then this shitcoin.

AAX Exchange | AAB Token Flash Sale is live! | Whitepaper | AAX News & Insights | AAX Tribe






AAX – Where Crypto meets Global Finance

AAX is the world’s first digital asset exchange to be powered by LSEG Technology.

Launched in November 2019, AAX is the world’s first cryptocurrency exchange to be powered by LSEG Technology’s Millennium Exchange the same matching engine that powers London Stock Exchange. It is also the first of its kind to have joined London Stock Exchange Group’s (LSEG) Partner Platform.

Catering to retail and institutional investors, we operate spot, futures and over-the-counter markets across 50+ crypto spot pairs, derivatives, and fiat-to-crypto on and off ramps. AAX also offers perpetual futures contracts for major cryptocurrency pairs with BTC and USDT as the primary settlement currencies.

We make it as easy as possible for new investors to purchase and sell crypto for fiat. Our over-the-counter platform hosts institutional-grade liquidity providers, offering a simple way for our clients to move in and out of crypto.

This year, 2020, we are launching AAX’s native exchange token AAB – built to serve as a bridge between crypto and global finance.

To attract more capital into the digital asset world, we will roll out a set of unique financial instruments, and expand on tokenized commodities, perpetual contracts, options, indices, altcoins and security tokens.

AAX Token (AAB)

>> Purchase and Trade AAB now! <<

> Register your AAX account now with a 10% discount here! <

AAB is Digital Umami

More than a token, AAB is an integral part of AAX, providing special benefits to users, and a means to be part of the growth of the exchange.

It is built to serve as a bridge between digital and traditional assets, retail and professional traders, takers and market makers, the exchange and its partners, and it will be deeply integrated with AAX’s upcoming products expansion.

We like to think of AAB as digital umami – it adds that extra touch, that next-level flavor, that hard-to-define dimension – the missing piece that makes everything taste slightly better.
 
In total, 50 million AAB is to be issued as an ERC-20 token on the Ethereum blockchain, and it will initially be valued at 1 USDT each.

AAB: Utility & Access

Multi-tiered discount scheme

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%
• Portfolio 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%.

Optimized Wealth Management

AAB will be used to drive promotions across lending, borrowing, and other features.

• Lending
  Adding 10% of AAB on top of the total loan collateral, will be rewarded with 1% extra interest on the total loan collateral
• Borrowing
  Clients who opt in to pay interest on loans with AAB will enjoy a 20% discount

Platform Upgrades

• 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:
  - Higher withdrawal and internal transfer limits;
  - Early notifications around product upgrades, events, and promotions;
  - Discounted custody services.

Pioneer Program

• 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.

Daily Coinburns

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.

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 $1bn and $11.5bn on average.

Even if AAX were to secure a place at the lower end of the top 10, generating between $1bn to $3.5bn a day, with maker and taker fees averaging out to 0.05%, AAX’s buybacks and coinburns would still mean the destruction of $250k to $875k worth of AAB per day.

With AAX, we expect to generate $500m daily trade volumes by the end of 2020, break into the top 10 in 2021, with an average volume of $1.5bn, and then onwards to $4.5bn in 2022. There is no doubt that AAX’s daily buyburns will stimulate significant price action and present token holders with an opportunity to grow with AAX.


Spreading Wealth

Out of a total of 50 million AAB, we will gradually be distributing AAB as follows:

Public Offering

The initial listing price is 1 USDT per AAB. Out of a total of 50 million, 10 million AAB will be made available for sale in a series of four rounds according to the following schedule:

* After the completion of the lockup period, the purchased amount of AAB will be gradually unlocked, at a rate of 5% per day, over the course of 20 days.

In the 1st 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 2nd 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 3rd round:

• 9 million AAB will be offered for a total of 1 USDT each.
• Participants can trade immediately.

The Team

A hundred strong, with offices in Asia and Europe, AAX boasts a dedicated team that delivers high-quality products and services.

Advisors

AAX Latest News & Announcements

[Announcement] AAX Minimum Withdrawal Amount and Withdrawal Fee Lowered
[Announcement] Suspend of ZIL Deposit
AAX's API Update to Ver 2.0.4


AAX Coverage

               

Follow us

Referral link to register and buy AAB tokens on the AAX Exchange with 10% discount for 3 months:
https://www.aax.com/invite?inviteCode=KOmKEt9jlYpD
or
Referral code: KOmKEt9jlYpD
or
QR Code:

[shinratensei_]

When this shitcoin will be listed on binance and other exchanges or do you have no plan? you always want to keep this coin in shitcoins level?
To be noted, binance BNB listed on many exchanges, just look the exchanges where bnb is listed, instead of destroying the coins, you should pay that fee to list that token on other exchanges otherwise holding BNB has more benefits then this shitcoin.

lol

Can you stop to quote the main topic? At least this token has been traded on its own exchange site. AAX will never be available to be traded on another exchange site.
https://coinmarketcap.com/currencies/aax-token/markets/

Fatbtc can be considered as a dead exchange site to trade this coin. It's easy to be listed on bnb exchange site even if you are a strong vision and that doesn't enough to make your coin gets listed on binance.
The price of AAX has been plunged so hard. I don't even think what you say will come soon.

[DashingAgent]

Lost my $100 on this scam project. Many users are complaining on twitter that their cryptocurrencies have been stolen. When you contact their support, you cannot reply them, the chat always display an error that connection lost, please refresh??

When this shitcoin will be listed on binance and other exchanges or do you have no plan? you always want to keep this coin in shitcoins level?
To be noted, binance BNB listed on many exchanges, just look the exchanges where bnb is listed, instead of destroying the coins, you should pay that fee to list that token on other exchanges otherwise holding BNB has more benefits then this shitcoin.

lol

Can you stop to quote the main topic? At least this token has been traded on its own exchange site. AAX will never be available to be traded on another exchange site.
https://coinmarketcap.com/currencies/aax-token/markets/

Fatbtc can be considered as a dead exchange site to trade this coin. It's easy to be listed on bnb exchange site even if you are a strong vision and that doesn't enough to make your coin gets listed on binance.
The price of AAX has been plunged so hard. I don't even think what you say will come soon.

[shinratensei_]

Lost my $100 on this scam project. Many users are complaining on twitter that their cryptocurrencies have been stolen. When you contact their support, you cannot reply them, the chat always display an error that connection lost, please refresh??

When this shitcoin will be listed on binance and other exchanges or do you have no plan? you always want to keep this coin in shitcoins level?
To be noted, binance BNB listed on many exchanges, just look the exchanges where bnb is listed, instead of destroying the coins, you should pay that fee to list that token on other exchanges otherwise holding BNB has more benefits then this shitcoin.

lol

Can you stop to quote the main topic? At least this token has been traded on its own exchange site. AAX will never be available to be traded on another exchange site.
https://coinmarketcap.com/currencies/aax-token/markets/

Fatbtc can be considered as a dead exchange site to trade this coin. It's easy to be listed on bnb exchange site even if you are a strong vision and that doesn't enough to make your coin gets listed on binance.
The price of AAX has been plunged so hard. I don't even think what you say will come soon.

Then you should open a scam accusation against this platform. That will be much better consider when you have strong proof and DT members will be tagging the thread started to give awareness for everyone to never try to use this crappy exchange site again.

[gembira]

Lost my $100 on this scam project. Many users are complaining on twitter that their cryptocurrencies have been stolen. When you contact their support, you cannot reply them, the chat always display an error that connection lost, please refresh??

When this shitcoin will be listed on binance and other exchanges or do you have no plan? you always want to keep this coin in shitcoins level?
To be noted, binance BNB listed on many exchanges, just look the exchanges where bnb is listed, instead of destroying the coins, you should pay that fee to list that token on other exchanges otherwise holding BNB has more benefits then this shitcoin.

lol

Can you stop to quote the main topic? At least this token has been traded on its own exchange site. AAX will never be available to be traded on another exchange site.
https://coinmarketcap.com/currencies/aax-token/markets/

Fatbtc can be considered as a dead exchange site to trade this coin. It's easy to be listed on bnb exchange site even if you are a strong vision and that doesn't enough to make your coin gets listed on binance.
The price of AAX has been plunged so hard. I don't even think what you say will come soon.

Is this true? Do you have any evidence of this? I read that this exchange has more volume among other popular derivatives exchanges. How its possible scam people for 100 usd and lost reputation? 
What about their token? Is AAX token has any usecase?

[DashingAgent]

They have no mind, no sense, listed their token in usdt pair only, dumping everyday, they are just burning their token without any use case, don't know which kind of people are these? they have no reputation, even they have no financial team which may plan to exceed the use of their token, no new products or staking like other exchanges, their ui is also bad, indeed they have no plan because they do not have a brain. I bought the token in their ICO at the rate of $1 for selling my bitcoins for usdt, at that time btc was priced around $3500 because of halving, If I kept my btc it was too good as btc price has now 5x

Lost my $100 on this scam project. Many users are complaining on twitter that their cryptocurrencies have been stolen. When you contact their support, you cannot reply them, the chat always display an error that connection lost, please refresh??

When this shitcoin will be listed on binance and other exchanges or do you have no plan? you always want to keep this coin in shitcoins level?
To be noted, binance BNB listed on many exchanges, just look the exchanges where bnb is listed, instead of destroying the coins, you should pay that fee to list that token on other exchanges otherwise holding BNB has more benefits then this shitcoin.

lol

Can you stop to quote the main topic? At least this token has been traded on its own exchange site. AAX will never be available to be traded on another exchange site.
https://coinmarketcap.com/currencies/aax-token/markets/

Fatbtc can be considered as a dead exchange site to trade this coin. It's easy to be listed on bnb exchange site even if you are a strong vision and that doesn't enough to make your coin gets listed on binance.
The price of AAX has been plunged so hard. I don't even think what you say will come soon.

Is this true? Do you have any evidence of this? I read that this exchange has more volume among other popular derivatives exchanges. How its possible scam people for 100 usd and lost reputation?  
What about their token? Is AAX token has any usecase?

[Daltonik]

AAX exchange announces the launch of its savings ecosystem with annual rates of 20% APY, which is a record rate as of the 3rd quarter of 2021, calling it a one-click crypto savings module. https://invest.aax.com/en-US/savings/?utm_source=twitter&utm_medium=post&utm_campaign=savings_20

[Aquatom]