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0
Aax Crypto Exchange Review: It Is Good Or Bad?
Welcome To Wootfi All In One Review Blog > Blog > Exchange > Aax Crypto Exchange Review: It Is Good Or Bad?
Exchange

Aax Crypto Exchange Review: It Is Good Or Bad?

Bixer Simond
2 months Ago Exchange Posted by By Bixer Simond 6 Min Read Add Comment Tags: Aax Crypto Aax Crypto Exchange How To Signup Aax Crypto Exchange
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About Aax Crypto Exchange

According to AAX research,  Aax Crypto Exchange . The exchange AAX is registered in Malta because of lenient regulations. Its parent company is Atom International Limited Technology Private Limited, which is a well-known global fintech company that has offices in several parts of the world.

AAX is a platform based in Malta that launched on 16 September 2019. It claims to be the first crypto exchange powered by The London Stock Exchange Group’s LSEG Technology. AAX preferred way of expressing this is that they have institutional-grade technology adopted by world-class financial institutions. 

AAX Crypto Exchange Basic Points

Exchange NameAAX Crypto Exchange
LanguageEnglish
Withdraw Fee0.0004
Deposit FeesFree
Easy To Use Yes
Security High
Taker Fee0.15% 
Maker Fee0.10%
Support24/7
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At AAX Crypto Exchange ?

bitfinex sign up button

It Is Very Easy To Sign Up At Exchange . Just Click On Sign Up Button At Website .Fill Registration Form With Correct Details Like Your Email , Phone Number , Password Etc . Once You Fill All Data You Get Verification Link At Your Email . Just Verify Your Link For Successfully Verification.

How To Deposit Fund At AAX Crypto Exchange ?

Once your account has been verified, click on the ‘DEPOSIT’ button, which you’ll find at the top right-hand side of the screen. Choose which currency you want to deposit and then you will be provided with the Wallet details that you need to transfer the funds to .

How To Trade At Exchange ?

Once your account is funded, you can then begin day trading at Valr. Click on the ‘TRADING’ button at the top of the screen, and you will be taken to the main trading area. You now need to select the trading pair that you want to trade. Finally, enter the amount that you want to buy, decide whether you want to do a ‘market order’ or ‘limit order’, and then place your trade.

How To Withdraw At AAX Exchange ?

Withdrawing your funds from Swipe is very easy. Go to the “Withdraw” window, select the asset you want to take out and fill all the required fields. Note that you won’t be able to withdraw currencies if you haven’t secured your account with 2FA and/or whitelisted addresses.

AAX Trading fees

Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order.

This exchange’s trading fees for takers are 0.15%. This fee is below the historical industry average, which is arguably around 0.25%. However, we are today seeing more and more exchanges moving towards lower trading fees, and new industry averages are starting to form around 0.10%. So in comparison with the new emerging trading fee averages, AAX is in line with industry average.

One of this exchange’s strong offerings is that it also offers trading fee discounts for makers, who trade at 0.10% (33.33% discount compared to takers). This maker/taker fee model promotes the liquidity at the exchange and is a strong aspect for this platform.

AAX Withdrawal fees

Aax Crypto Exchange charges a withdrawal fee amounting to 0.0004 BTC when you withdraw BTC. This is below the global industry average with roughly 50% (seeing as the global industry average BTC-withdrawal fee is 0.000812 BTC per BTC-withdrawal, at least when we did our most recent empirical study of withdrawal fees).

Deposit Methods

AAX does not accept any other deposit method than cryptos, so new investors are restricted from trading here. If you are a new crypto investor and you wish to start trading here, you will have to purchase cryptos from another exchange first and then deposit them at this exchange.

Mobile Support

This platform is not only available from your desktop, you can now also access it via your mobile. Most traders in the crypto world today carry out their trades via desktop (around 70% or so). However, there are naturally people out there that want to do it from their smart phone as well. If you’re one of those people, then this platform can still be for you.

Digital assets are leading the charge

Top Performance for Fast Trading

Using LSEG Technology, AAX is able to match orders with ultra-low latency for the ultimate trading experience.

High Security for Your Assets

Aax Crypto Exchange is CCSS-compliant ensuring the safety of funds and client data.

Deep Liquidity & Tight Spread

Trade futures with leverage with maximum efficiency and minimal slippage.

24/7 Service

99.999% uptime and 24/7 customer service available.

Easy to Use

A wide range of order systems and trading tools for risk management are at your disposal.

Trade Anywhere

Aax Crypto Exchange is available on website, mobile app, API and FIX.

Review Overview

3.5
Easy To Use
Multiple Currency Supported
Liquidity
Trading Pair
Fees
Customer Support
The Pros
  • AAX exchange offers an easy to use and beginner-friendly platform
  • Provides AAX Mobile App for easy trading.
  • The users need not undergo the KYC process to trade crypto
The Cons
  • Does not allow US investors.
  • Low liquidity.
  • Mobile application need improvements
Tags: Aax Crypto Aax Crypto Exchange How To Signup Aax Crypto Exchange

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Bixer Simond 04/03/2022
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