Website: https://www.aax.com/
About company:
Team History
AAX was founded in early 2018 and after over 18 months of research and development, the exchange was officially launched in November 2019.
From the outset, the goal was to create a digital asset exchange that would be attractive to the vibrant community of retail traders, while still being able to withstand regulatory scrutiny and suit institutional financial market participants.
To create a world-class exchange suitable for both retail and institutional investors, we have brought together professionals from the world of cryptocurrencies, creatives, as well as from corporate structures such as HSBC, IBM and JPMorgan.
AAX has offices throughout the Asia-Pacific region and a team of 200 is led by CEO Thor Chan. Drawing on his experience as Deputy CEO of FDT Group, product management experience at App Annie and Microsoft, and experience in building low latency trading systems, Chan successfully established AAX as the leading institutional-grade exchange in the region in less than a year.
A strong team, robust technology, and a strong commitment to safety, market integrity, and performance: we believe that as the industry continues to evolve and regulation truly begins to take root, these elements will be key to success, long-term sustainability, and mainstream adoption.
Looking to the future and deeply convinced that cryptoassets will play an increasingly important role in the world, AAX was built with durability in mind.
The future belongs to cryptocurrencies. The future is AAX.
We are trusted by over 3 million crypto investors
Invest, trade and grow with AAX
It has been less than three years since AAX entered the digital market, and the number of its customers already exceeds 2 million. So I decided to see why the broker is so good. I believe that I made the right choice. Here you can find all the services that only crypto exchanges provide. Those who do not trade themselves can invest in cryptocurrency and receive passive income up to 60% per annum. Investment terms vary from 7 days to 1 year, while the minimum amount is only 10 USDT. I am used to trading on my own, and the conditions here are also excellent for this. With a strategic approach, commissions can start from 0.
Although I have been trading on crypto exchanges for many years and have always developed trading strategies on my own, after opening an account with AAX I began to use the advice on the company’s website. I won’t say that I directly read and applied it, but much has been written on the point and is worthy of attention. The information is presented in an accessible language, and even a beginner will understand it. AAX meets the requirements of any category of traders. At the same time, the functionality of the terminal allows you to conduct a professional technical analysis for any strategy.
After several months of working on this crypto exchange, I appreciate the quality of the services AAX provides. On the main page of the site, the company pathetically states that it uses the latest technology, and orders are executed right at cosmic speed. I was skeptical about such claims, but not after I got involved in trading here. Indeed, I have never seen such fast data processing before. Another plus of AAX is that the broker takes responsibility for storing traders’ funds safely in cold wallets.
Not only do they not withdraw money (in my case, they even blocked the withdrawal). I will say more, since I am a beginner, I was strongly advised not to take any independent actions. As a result, we went into a drawdown by as much as $ 2400. My “curator” insisted that I did not close deals. I tried to get through to him for 2 weeks – silence, the support service is also silent. Bottom line: no money and huge debts.
AAX is a very convenient crypto exchange for quick buying and selling. To start trading, it is enough to link a bank card to your account and fill out a form in which you need to indicate what and for what amount you wish to buy or sell. At the same time, there are no lower or upper limits on transactions. I am not ready for more serious trading now, but until I have completed the learning process, I am gradually investing in USDT. The peculiarity of such earnings in AAX is that if the broker has correctly disposed of the investments, and the income is growing, then you can not withdraw dividends, and the transaction will automatically continue. I am earning a little and so far I am completely satisfied with my cooperation with AAX.
My impressions after two months of working with AAX are that orders are executed almost instantly and commissions are low. Transactions are prompt, but the technical support team is far from perfect. While the service is available 24/7, there are no quick ways to contact them, either by phone or chat. You can only apply through the form on the website or by email, and this is not suitable for solving urgent issues. During my cooperation with AAX, I noticed that the broker fully complies with all the conditions indicated on the site and does not charge any additional fees.
My money was stolen from my AAX wallet. I wanted to exchange bitcoin for ripple, transferred money to an account on the AAX exchange. But my money did not come, although I made the transfer exactly according to the details indicated in the account. And the support service is silent, does not answer my letters.
Although I am a beginner, I trade very actively. The main criterion for choosing a crypto exchange was the possibility of over-the-counter trading on weekends, which AAX provides. Of course, I also checked out that AAX offers spot trading. I don’t have much experience in trading yet, so this simplified version is just what I need. On the exchange I found a section for self-study, which includes a glossary! I’m new to the AAX exchange, and so far I like everything. I hope that everything will be fine with the withdrawal of funds.
In my opinion, Asian exchanges in the digital market have long outdone competitors from Europe and the United States, which occupy first places in various ratings. The proof of this is the AAX crypto exchange, which uses the latest technologies both in trading services and in ensuring the security of clients’ data. You can familiarize yourself with the trading conditions on the company’s website, and they are really very profitable. On all counts, AAX fulfills these conditions. You cannot trade without verification, but this is already a common practice among crypto brokers.
In a short period of trading and with the help of AAX, it was possible to reduce the already low brokerage commissions to zero. For competitors, this is possible only if the volume of transactions is increased to a value that is unattainable for most traders. Here, the volumes are not important, you just need to use the exchange token as the main method of calculation when carrying out all operations. In my free time away from trading I participate in competitions that are constantly held on the company’s website. I can’t boast of success yet, but I derive pleasure from the process itself!