Topic: [ANN][AAB] AAX - The World’s First Digital Asset Exchange by LSEG Technology - page 5. (Read 1628 times)

The AAX team seems very active here in this thread. I hope it is not only because they have upcoming public sale. If in case you will not be successful in running this sale, do you have financial backing to continue your developments? Because I get the impression that you are confident with your project as I said earlier in this thread.

Great news! Today, AAX launches the 3-day AAX Russian Poster campaign for Russian community to celebrate the upcoming launch of AAB Flash Sale (on April 14).
The campaign for posters sharing on Facebook/Twitter for 3 days, from April 11 to 13.
How to participate here: https://t.me/AAXRussianCommunity

Thank you, follow our news, we will keep our readers informed

---

The token offers:

▪ A multi-tiered discount scheme
Settling trading fees with AAB is rewarded with a 20% discount, and a further discount is granted in proportion to how much AAB clients hold relative to their overall portfolio.

▪ Optimized wealth management
AAB will be used in special promotions that make lending, borrowing, staking, and saving, even more attractive.

▪ Platform upgrades
AAB can be used to unlock exclusive services and facilities, trading bots and trading signals, and other premium offerings.

▪ Pioneer program
AAB will be the key token to gain access to AAX’s pioneering financial products and programs, including index derivatives, tokenized commodities, security tokens, and social trading schemes.

---

AAX never ceases to provide the best service and seek opportunities to optimize your trading experience.
 
We are now offering the lowest futures trading fees in the crypto space!!
- Maker Fees: 0.02%
- Taker Fees:  0.02%

---

Understanding the crypto ecosystem

The crypto industry has grown exponentially since Bitcoin was created in 2009. While at first, Bitcoin was more of a niche interest, today there’s a massive industry comprised of crypto exchanges, blockchain protocols, financial services, data aggregators, technology providers, media, conferences, mobile apps, hardware tools, and a developing regulatory environment.

https://academy.aax.com/en/understanding-the-crypto-ecosystem/

---

LSEG Technology provides market infrastructure technology to a wide range of first-tier financial markets, including traditional stock exchanges, inter-dealer brokers, central securities depositories (CSDs), and with AAX now a cryptocurrency and digital asset exchange as well.

---

Letter to the Community: Now is the time

https://blog.aax.com/en/2020/04/03/letter-to-the-community-now-is-the-time/

---

LSEG Technology works with over 40 organizations and exchanges Including Borsa Italiana, HKEX, Johannesburg Stock Exchange, London Metal Exchange, London Stock Exchange Group, Singapore Exchange, Toronto Stock Exchange, Tullett Prebon, Turquoise.

---

AAX is proud to be the first and only digital asset exchange that runs on the Millennium Exchange trading platform.

The Millennium Exchange trading platform provides market-leading performance and reliability. It is part of LSEG Technology, London Stock Exchange Group's technology solutions provider.

---

How to determine the value of crypto assets

The price of crypto assets is for the most part driven by price discovery: as crypto traders buy and sell crypto assets on exchanges, the current going price is driven by what people are willing to spend and what people are willing to receive for selling it.

https://academy.aax.com/en/how-to-determine-the-value-of-crypto-assets/

---

You must not acquire AAB if you are a citizen or resident of Restricted Jurisdictions on AAX Platform i.e. Afghanistan, Cambodia, Myanmar, North Korea, Pakistan, Belarus, Botswana, Bosnia and Herzegovina, Burundi, Central African Republic, Democratic Republic of Congo, Egypt, Eritrea, Ghana, Guinea-Bissau, Iran, Iraq, Libya, Lebanon, Mali, Moldova, Syria, Somalia, Sudan, South Sudan, Tunisia, Zimbabwe, Crimea Sevastopol, Yemen, USA [including all USA territories like Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands (St. Croix, St. John and St. Thomas), the province of Quebec in Canada, Bahamas, Cuba, Haiti, Panama, Trinidad and Tobago, Venezuela.

wow, it's really great, I will follow the next news from pyoyek AAX, maybe I will be involved in the AAX project when I feel it is suitable for me to follow, I hope that further information updates will be more interesting and of course also I will not hesitate to invest some money from I have to keep AAB coins, I'm sure it will be bright in the future

Thank you for your words Our exchange is trying to maximize the conditions for its users so that they feel comfortable and safe

---

The Difference Between Shares and Cryptocurrencies

Many investors that want to enter the cryptocurrency market have never traded any form of financial instrument before.

Most of them, however, have some form of knowledge of the stock market. Using lessons learned from the stock market and applying them on the cryptocurrency market is not necessarily a smart move though.

This post will outline a few differences and similarities between shares traded on the stock market and cryptocurrencies and their respective trading environments, and hopefully give you an overview over what to think about when comparing the two.

https://academy.aax.com/en/the-difference-between-shares-and-cryptocurrencies/

---

We always try to quickly answer any of your questions

---

Intelligence Report: Momentum Is Gaining

https://blog.aax.com/en/2020/04/06/intelligence-report-momentum-is-gaining/

---

AAB will be listed on Biki

First listing message about AAB - Biki https://www.biki.com/zh_CN/

More about Biki from CMC - https://coinmarketcap.com/exchanges/biki/

https://www.reddit.com/r/AAXExchange/comments/fx41ns/aab_will_be_listed_on_biki/

You have a lot of items to fulfil this year. I hope your goals will not be affected by the pandemic. It seems that your exchange is a promising one. You need to think ahead as the competition is already tough. If you can attain even small portion of the popularity of BNB among crypto users, I think that would be a good start. With your advanced technology, maybe some traders or even me will be interested in using your exchange.

Hello, if you have technical problems with using AAX Exchange, you can ask about it here: https://t.me/aaxcommunity

---

Blockchain Interviews - Thor Chan & Michael Wong of AAX Cryptocurrency Exchange

Ashton Addison interviews Thor Chan and Michael Wong of the AAX Cryptocurrency Exchange. AAX is powered by the London Stock Exchange Groups matching engine technology, and takes serious security measures to protect the integrity of the exchange and its users funds. They are currently integrated a native token into their platform, AAB, for reduced trading fees,extra member functionality and more.

https://www.youtube.com/watch?v=F-qhpk8pPIM

---

AAB White Paper Quiz

Everyday at 8pm HKT join the multiple choice quiz on Telegram (link above) to get a chance to win #AAB. The first correct answer counts, so timing is everything! Quiz will be held daily 8pm — 9pm, 10 multiple choice questions about #AAB and #AAX.

https://medium.com/aaxexchange/aab-white-paper-quiz-a0137efb4d97

Make sure you are first to answer against others in the competition!

Get studying, check out the Whitepaper: https://bit.ly/3aSLB1H

---

Thank you) This interview is also available on Reuters Insider financial network: https://tmsnrt.rs/39N5qq5

---

Paul Jackson - Managing Director and Asia-Pacific Leader,
Kroll's Cyber Risk Practice



Paul arrived as a member of the Hong Kong Police Force in 1988. With an engineering background, he moved into the technology Policing area in the mid-90s when the mobile telecommunications market first opened up. Since then he has pioneered cyber-investigations and digital forensics capabilities within the HK Police, and subsequently with Interpol and JPMorgan.

Well, I sent 5 ethereum to my wallet on aax exchange, and wanted to buy some tether for the flash sale.
But my eth balance is not available, it?s locked since 8 hours and i cant do anything. (There is no open order.)
Can you please help me about it? What is wrong with my balance?

Winners must provide their contact information (such as, but not limited to your name, contact number, AAX account name)within 14 days after they have been contacted by the AAX Community Manager. Failure to provide the required information within the specified time frame will result in forfeiture of the prize. In these instances, AAX reserves the right to award unclaimed prizes to alternate contestants.

---

Money is in the mind: Is crypto the future?

https://medium.com/aaxexchange/money-is-in-the-mind-is-crypto-the-future-aax-academy-56249ce83576

hello sir what is the limit for each invitation to a friend and how many winners will get a prize? I see that AAX is still lonely, most likely for opportunities to win, and what kind of fraud will be banned in a program like this? we all know that there are many people who often commit fraud using many accounts, have you anticipated this?

We are confident in our abilities and ready for various developments. About our investors, it is a pleasure to have their support. To name a few, LinkVC, Consensus Lab, Collinstar Capital, we are in the process of confirming more. Please follow us closes on on aab.aax.com

---

AAX Crypto Exchange Token Launch Overview

Building unique financial instruments for both retail and institutional traders, AAX plans to pour traditional financial market sophistication into crypto markets. As the market continues to mature, institutional-grade platforms like AAX excite investors. It is a next-generation crypto exchange and the first one to use the same matching engine as London Stock Exchange. With this, it targets to direct more global capital from stock and gold markets to crypto markets.

https://www.altcoinbuzz.io/reviews/altcoin-projects/aax-crypto-exchange-token-launch-overview/

---

Michael Wong - Chief Operating Officer



Michael brings 18 years of experience in systems architecture, financial platforms, and blockchain technology.

He is responsible for shaping AAX's technology strategy, partnerships, and architecture - ensuring it is building innovative, institutional-grade solutions.

He's held various roles at IBM, including as Blockchain Business Development Lead. He was also Global Director of Engineering at City of London-based financial markets technology provider, Integration Systems - specializing in low-latency engineering.

---

Yea, sure As a platform utility token, AAB offers multiple benefits to the holders:

- As the primary currency for the trading fees over AAX, it offers lucrative discounts to the users. All the trading fees paid using AAB attract a 20% baseline discount. Also, a maximum of 50% discounts for the client portfolios allocated to AAB.

- AAB tokens will be key in driving promotions for lending and borrowing.

- AAB holders can purchase social trading subscriptions.

- For financial instruments like index derivatives, tokenized commodities, and security tokens, AAB is the only currency to pay trading fees.

- Certain sophisticated tools and features can be optimized only using AAB.

- AAB tokens will have further use in unlocking trading bots and signals.

- Users holding AAB worth 100,000 USD or more can enjoy higher withdrawal limits, exclusive promotions, higher internal transfer limits, and more.

---

It will provide platform users access to crypto and crossover markets adding an extra dimension to trading with AAX. Additionally, the AAB token holders will have a share in the exchange growth.

---

AAX Product Roadmap

2020
Q1
- USDT settled futures contracts
- Additional fiat on and off-ramps

Q2
- Launch native exchange token, AAB
- Wealth management, part 1:borrowing
- Exchange token index futures contracts
- Tokenized commodities:Gold
- Stoploss/Takeprofit

Q3
- Wealth management, part 2:lending, staking
- Bitcoin dimensions contracts
- Additional indices
- Multi-asset as collaterals for trading
- Quarterly futures

Q4
- Margin trading
- Options
- AAB futures contracts
- Social trading and trading bot

---

Native exchange tokens take on a more prominent role in crypto innovation

https://academy.aax.com/en/native-exchange-tokens-take-on-a-more-prominent-role-in-crypto-innovation/

---

Trusted Technologies to Drive Adoption

In our technology strategy, we settle for nothing but the best.

We’ve developed a proprietary wallet system which uniquely enables investors to trade across spot, futures and over-the-counter markets, drawing from one single balance.

We’ve also adopted well-established, proven technologies, such as LSEG Technology. It is this blending of systems that runs through our entire technology stack. It is what makes AAX the strongest, fastest, and most reliable exchange in the industry to date.

---

3 popular short-term crypto trading strategies

https://academy.aax.com/en/3-popular-short-term-crypto-trading-strategies/

---

AAX Exchange will be launching its native exchange token AAB soon!
The AAB Flash Sales will start on April 14th!
SPECIAL DEAL: In the first 2 rounds, 50% buyers get their money back and their AAB for FREE!
Get your account ready now at https://bit.ly/3bF5uJY!

Read more about AAB at https://aab.aax.com/en/

---

Join our telegram channels:
AAX Community: https://t.me/aaxcommunity
AAX Russian Community: https://t.me/AAXRussianCommunity

Do you think you can reach your target funds here? I think this is not a good time to sell your tokens as a lot of users have their own problems to address first. But if you are confident to pursue this project even without achieving your financial targets here, that's better. That means you have your own money to develop your exchange. Or do you have private investors that are willing to finance your developments?

Yes, you understood everything correctly)

In the first 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 second 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 third round
▪ 9 million AAB will be offered for a total of 1 USDT each
▪ Participants can trade immediately

---

AAX is issuing platform token AAB, ASK ME ANYTHING! - Thor Chan, CEO of AAX

https://www.reddit.com/r/AAXExchange/comments/fs5c6d/aax_is_issuing_platform_token_aab_ask_me_anything/

---

We are looking for reviews, articles, videos.

The Official AAX Content Contest is still open for a chance to win some AAB: https://medium.com/@community_98574/aab-token-content-contest-e8c008ee19b5

Don't forget to tag @AAXExchange and #AAXExchange to enter

---

Yes, you are absolutely right, you can ask any questions to Thor Chan, CEO of AAX)

---

Thanks for the question 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.

---

Yes you are right. We offer everyone to purchase AAB tokens starting from April 14, 2020

---

How to determine the value of crypto assets

https://academy.aax.com/en/how-to-determine-the-value-of-crypto-assets/

Yes, of course) 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.

---

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%

- Porfolio 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%

---

AAB Flash Sale starting from April 14th - From 50% off to completely FREE

The platform token of AAX - the most trustworthy crypto exchange powered by London Stock Exchange Technologies;
- trusted by 100K users; institutional-level performance and security
- 100% revenue daily buyback and burn
- Use AAX to enjoy up to 50% trading fee discount

https://aab.aax.com/en/

---

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

---

Hard Cap - 9,250,000 USDT
Total Issuance Amount - 50,000,000 AAB
Initial Circulating Amount - 10,000,000 AAB
Public Sale Price - 0.5 - 1 USDT
Ticket Size - 1000 AAB
Lock up period - 15 days, followed by gradual release
Token Protocol - ERC20

---

AAX is issuing platform token AAB, ASK ME ANYTHING! - Thor Chan, CEO of AAX

AAX, the next generation crypto exchange that offers over-the-counter, spot, and futures trading, today announced the upcoming launch of its native exchange token, AAB.

Compared to other exchange tokens, AAB is more aggressive in terms of the monetary policy that governs it. There will be daily buybacks and coin burns, funded by 100% of AAX’s earned trading fees. This will continue until half of the total supply of 50 million AAB is destroyed.

https://www.reddit.com/r/AAXExchange/comments/fs5c6d/aax_is_issuing_platform_token_aab_ask_me_anything/

---

Exchange CEO Forecasts Crypto Market Uptick in Coming Weeks

As the world sits in flux between coronavirus and financial market concerns, AAX crypto exchange CEO, Thor Chan, thinks cryptocurrencies will ultimately make out ok.

https://cointelegraph.com/news/exchange-ceo-forecasts-crypto-market-uptick-in-coming-weeks

Hello) In our technology strategy, we settle for nothing but the best.

We’ve developed a proprietary wallet system which uniquely enables investors to trade across spot, futures and over-the-counter markets, drawing from one single balance.

We’ve also adopted well-established, proven technologies, such as LSEG Technology. It is this blending of systems that runs through our entire technology stack. It is what makes AAX the strongest, fastest, and most reliable exchange in the industry to date.

---

To offer the highest level of security to our clients, AAX has worked closely together with Kroll, a leading global provider of risk solutions that has advised governments, intelligence agencies and financial institutions for over 45 years.

AAX is compliant with CCSS, a widely recognized standard which outlines a multi-tiered security architecture covering hot and cold wallets, policies, procedures, and multi-sig authentication mechanisms to take all-critical actions.

A similarly rigorous approach is taken to the protection of client data. In addition to leveraging techniques across encryption, invisible watermarking, access controls, and maker-checker authorization systems, AAX also implements a stringent multilevel employee verification system in compliance with CCSS as
well as relevant data protection and privacy ordinances.

---

What Is Token Burning and How Does the Crypto Space Benefit From it

https://academy.aax.com/en/what-is-token-burning-and-how-does-the-crypto-space-benefit-from-it/

We find ourselves in extraordinary times, and we wanted to take this opportunity to write to you personally.

A letter from Thor Chan, CEO and Michael Wong, COO: https://blog.aax.com/en/2020/04/03/letter-to-the-community-now-is-the-time/

---

AAX is offering to use 100% of the futures revenue to buyback and burn AAB on a daily basis.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 $1 billion and $11.5 billions on average.

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

With AAX, we expect to generate $500 millions daily trade volumes by the end of 2020, break into the top 10 in 2021, with an average volume of $1.5 billions, and then onwards to $4.5 billions in 2022.

There is no doubt that AAX’s daily buy burns will stimulate significant price action and present token holders with an opportunity to grow with AAX.

---

AAB has been a hot topic this week, it's only 10 days left until the flash sale starts so best get prepared to purchase AAB at a 50% discount.

Heres how
Don't forget to verify your identity and fund your account!

Yes, you need to verify your identity and fund your account.
Here is a quick guide to the AAB Flash Sale Rounds: https://aab.aax.com/vendor/quickGuide_en.pdf

Compared to other exchange tokens, AAB is more aggressive in terms of the monetary policy that governs it. There will be daily buybacks and coin burns, funded by 100% of AAX’s earned trading fees. This will continue until half of the total supply of 50 million AAB is destroyed.

In terms of utility, AAB can be used to:
- enjoy up to 50% discount on all spot and futures trades;
- unlock exclusive services and facilities, trading bots, trading signals, and other premium offerings;
- maximize returns on lending, saving and staking products, and borrow at a discount;
- gain access to AAX’s unique financial products and programs.

---

The demand for AAB is growing, but the supply is shrinking - do not miss your chance to purchase at a 50% discount: http://aab.aax.com

AAX Exchange will be launching its native exchange token AAB soon! The AAB Flash Sales will start on April 14th.

Get your account ready now at http://bit.ly/2vbxogp!

Learn more about our mission to connect crypto to global finance and see how you can benefit: https://blog.aax.com/en/2020/03/30/aax-launches-native-exchange-token-aab-connecting-crypto-to-global-finance/ and about AAB at https://aab.aax.com/

Thank you for your words. We always try to do nice things for interested people

---

The AMA on Game of Bitcoin is over, but there is an ongoing on Reddit:
https://www.reddit.com/r/AAXExchange/comments/fs5c6d/aax_is_issuing_platform_token_aab_ask_me_anything/

Please leave your questions about AAX's platform token AAB there and Thor Chan will answer everyday. We are selecting 1 lucky user every day!