Topic: [ANN][AAB] AAX - The World’s First Digital Asset Exchange by LSEG Technology (Read 1631 times)

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.

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

Very high quality and informative interview. Good channel, often watch their video

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

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

From Stocks to Crypto: On the Origins of Exchange

Stock exchanges have come a long way from chatter over coffee to being at the epicentre of the global economy.

Bitcoin likewise, first traded in person and via forums, is now traded on vibrant exchange platforms turning billions of dollars a day.

Just as stock exchanges, crypto exchanges started as basic, unregulated services at first, but with the development of the industry, they’ve evolved.

Now, there’s a new initiative among digital asset exchanges to bridge the gap between crypto and global finance.

https://academy.aax.com/en/from-stocks-to-crypto-on-the-origins-of-exchange/

How to Play

1 PM the AAX Bot @AAXBountyBot
2 Click Start
3 Enter your AAX UID
4 Start referring your friends to get tickets!

Prize Pool

Total: $500 AAB — all tickets split the prize pool
Earn tickets to get prizes with small challenges

- Join the group get 1 ticket
- Invite 1 friend to join the channel get 1 ticket
- Invite 2 friends to join the channel get 2 tickets
- Invite 3 friends to join the channel get 3 tickets
- Invite 4 friends to join the channel get 4 tickets

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

To celebrate the launch of our Native Token AAB in 7 days, AAX are hosting a bounty on Telegram so you can win up to $500 AAB for 1 day only!

How to play: https://bit.ly/2UOIz9q
Telegram: https://t.me/aaxcommunity
When: 1 Day Only! April 7th, 12pm HKT to April 8th, 12pm HKT

Sheel Kohli - Chief Marketing Officer



Sheel has been in marketing, communications and journalism for 25 years, working in the financial services and technology industries. Before joining AAX, Sheel served as a member of the Executive Committee and was Global Chief Marketing and Communications Officer for Block.one. He also spent more than a decade at Credit Suisse, where he led Asia-Pacific corporate communications as a Managing Director. Prior to Credit Suisse, Sheel led corporate communications for Asia-Pacific at ING for five years and also worked as a Europe-based business correspondent for the South China Morning Post for just under a decade.

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

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/

3 popular short-term crypto trading strategies

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

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.

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/

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

"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." - this one is interesting

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.

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.

What AAB token launch will provide to platform users?

Can you tell about token utility and features? What benefits do you offer to your holders?

How to determine the value of crypto assets

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

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.

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

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/

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 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/

Can you tell more detail about the process of daily coinburns? How it will goes?

Yes, the first 2 rounds are a great option to purchase AAB tokens. I think this is the right move from AAX to give this opportunity to interested people!

Cool, this is the right move. All interested can ask any questions and also get rewarded for it!

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

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/

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

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/

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

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

I'm also interested to know more about Token Sale Details

Hmm, interesting! And what about platform upgrades and AAB token?

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/

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%

Multi-tiered Discount Scheme looks interesting It can definitely interest people

"Offering OTC, Spot, and Futures trading, quoting more than 50 cryptocurrency pairs and listing 5 perpetual futures contracts for Bitcoin, Ether, Litecoin, Ripple, and EOS, which can be traded with up to 100x leverage, AAX provides a secure, deeply liquid, ultra-low latency and fully compliant trading platform."

A serious approach to business, this is right on your part. People love security.

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/

Seems like another Exchange bytes the dust : they halted withdrawals, erased their facebook page, their youtube channel with all the video in it, on twitter users are complaning about unavailabily of their money but not a single word by the team, I don't have a linkedin account so can't check what happened there and in their telegram group last pinned message ( likely by a scammed telegram chat admin I guess) is the one I screenshotted below


They exit scammed if you ask me.

 

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

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

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?

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.

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??

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.

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

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.

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.

Futures Taker Fee Comparison

TOP 5 by the lowest fees are:

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

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

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.

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/

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/

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/

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/

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

Wow, AAX and AAB both already on CoinMarketCap:

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

Dimensions 101: Adoption, Speculation & the Volatility of Bitcoin

Bitcoin is among the most volatile assets, with the cryptocurrency often experiencing extreme price swings in short periods.

While a high level of volatility opens up opportunities for traders, purchasing and holding the asset also comes with increased risks.

https://academy.aax.com/en/bitcoin-dimensions-101-volatility/

AAB Buyback-and-Burn Records

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.

Futures Guide for Beginners

Futures trading is arguably the most exciting way to invest in digital assets.

If you’re new to this, or want to gain insight into how we’ve organized futures trading at AAX, this guide hopes to provide the answers.

To simplify things, we’ll take BTC/USD as our basic trading pair, and for now, we’ll leave exchange fees out of the picture. 

https://aax.zendesk.com/hc/en-us/articles/360032178694

Telegram Trade-athon

NOW is the time to trade, tell your friends, family, and even enemies and be in with the chance to win some $AAB!!

How it Works
* Execute a futures trade on AAX Exchange
* Join the AAX Community Group on Telegram
* Screenshot the profit or loss and tag @AAX_CM on the AAX Community Telegram Group within 24 hours*
* Invite friends to join the AAX Community Group (if you share your referral code and your friends register with AAX through you, you will earn commissions on their trades).

*To see your final PnL, go to the Futures Market, click ‘long’ or ‘short’, scroll down, click ‘positions’, and then ‘closed positions’.

Time starts 6pm HKT (+8GMT), 24 hours only to join!

Prize Pool
Traders with the highest profit will win $10AAB
Traders with the biggest loss will win $10AAB
5 random entries who tag 3 friends will get $5AAB each !!

Rules Apply, read carefully here: https://medium.com/@community_98574/telegram-trade-athon-46c9edc02fc2

The $AAB buybacks and burns are 100% covered by the futures revenue.‬

‪Burned $AAB is auditable on the Blockchain: https://aab.aax.com/en/‬

Yes it is. Token AAX is very popular now and is constantly traded. The project is on track and very fast

I see this token trading activity on the exchange is very active, and also the number of buy orders is not a small number, so many people are interested in this token. I hope if it's true this will be an opportunity to get a decent place to invest.

Hello, the sales of our token have exceeded all expectations. It sold a lot more than the minimum, so we do not see any problems in the price or sale

---

BTC WILL BOOM AS BITCOIN HALVING APPROACHES | Digibyte NEWS! AAX Cryptocurrency Exchange

https://www.youtube.com/watch?v=HgFmhSlX1lk

---

Why Millennials and Crypto are made for each other

Millennials are known for their critical stance towards established industries – driven by a sense of fairness, environmental and other concerns. Just like napkins, plastic bags, straws or even golf, traditional finance is under review.

Now, as crypto continues to rise, it seems this generation is ready to leave the world of banks for good. With a passion and optimism to do things differently, $200 billion in value has already been freed from the banking system and now resides in the alternative crypto market.

https://academy.aax.com/en/why-millennials-and-crypto-are-made-for-each-other/

Just saw this project but the interesting thing is that you expect people that did not buy this token before April 16 at $0.5 to now buy at $1 per tokens. The time we use to see crazy pricing like this is long gone, even hat is the assurance that the price will not dumped after listing.

Thanks for your words! At this stage, the project is developing as planned and our team is ready to provide even more interesting things for our users. Follow our news. We hope to interest you

---

The role of crypto exchanges in funding blockchain as the catalyst for a true digital economy

https://academy.aax.com/en/the-role-of-crypto-exchanges-in-funding-blockchain-as-the-catalyst-for-a-true-digital-economy/

The cost of the coin at the moment is about 1 USDT, while it is trading even higher. At the same time, of course, we can't predict the future, but at the same time we are doing everything possible to ensure that our token is in demand.

---

Talk by Michael Wong at the London Stock Exchange

This talk was given by Michael Wong at AAX’s official launch at the London Stock Exchange.

https://blog.aax.com/en/2019/12/09/talk-by-michael-wong-at-the-london-stock-exchange/

Is this stable token? It was cool that the price remain above 1 usdt since listed, but still don't know what will happen going forward. Something that is rarely to seen in crypto projects lately anyway. Unfortunately 24 volumes show "something", it's too large for a new listing token

Crypto trading using Bollinger Bands

Bollinger Band is a popular technical analysis tool used by crypto traders to define high or low on a relative basis. Developed and named after by the US-based technical analyst John Bollinger in the 1980s, this tool has become a popular option for traders trying to predict future market behavior.



https://academy.aax.com/en/crypto-trading-using-bollinger-bands/

---

AAX receives strategic investment from Collinstar Capital and Consensus Lab: https://aax.zendesk.com/hc/en-us/articles/900000529783-AAX-receives-strategic-investment-from-Collinstar-Capital-and-Consensus-Lab

---

What a result from Round 1 AAB Flash Sale!

Don't worry if you didn't get a chance to purchase AAB this time, see you again for Round 2!
15 April, 20:00 HKT

Register here: https://bit.ly/3bF5uJY

---

This is what is called “pent up demand”! 500,000 AAB sold out in less than two hours!

It you didn’t get AAB at a discount, don’t worry. Tomorrow the spot market opens and AAB will be on offer for 1 USDT per token.

If you did get AAB, now is not the time to celebrate just yet! Get your friends to trade, push demand, and generate value on the go.

Even better, share your invitation link and earn up to 50% in commissions on every trade made by your tribe.

Get your account ready now at https://bit.ly/3bF5uJY!

The AAB excitement continues: http://aab.aax.com/

They are making investors feel more comfortable and always answering investor questions that make me feel very impressed and hope there will be many good things at this exchange. I think this is a very serious project and the team is always updating the latest news for the community. However, this exchange has yet to improve liquidity and hopefully after the next login I will see more new things here.

Thank you, our team is confident in its abilities. At this stage, we have achieved the expected success and do not intend to stop there. Follow our project and you will see many more interesting things

---

2 days to go until the AAB Flash Sale...
SPECIAL DEAL - 50% buyers get their money back and their AAB for FREE! Set your reminder here: https://aab.aax.com/en/

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!

The contest is open now and will be running until April 14th. The winners will be announced on the official AAX Twitter, Facebook, and Telegram on April 17th.

The campaign opens on April 01nd 12:00 HKT and closes on April 14th, 2020, at 23:59:59 HKT.

The winners will be announced on April 17th, 2020 across all AAX Social Media Channels

You can find more information here: https://medium.com/@community_98574/aab-token-content-contest-e8c008ee19b5

---

AAX have teamed with Altcoin Fantasy to give you the chance to learn, trade and win some AAB for free!

Learn crypto trading and win prizes at the same time! Free to play, no purchase required! https://www.altcoinfantasy.com/p/aax

Contest runs 01 April - 30 April

We will give generous rewards to the best participants

---

10 million AAB tokens bought by users will be unlocked as liquidity allows. For more details, please refer to AAB Unlock Schedules: https://aax.zendesk.com/hc/en-us/articles/900000420583. 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.

---

Of course, ask any questions you have)

---

We want to share with you a new video review in Russian

https://www.youtube.com/watch?v=FMifJwl10Q0

Yes, of course) Users must complete the identity verification process on AAX before purchasing AAB. The jurisdictional requirements for buying AAB are the same as those for trading on AAX: https://www.aax.com/legal-privacy/terms-of-use.

---

AAB Token Content Contest

The Contest

There will be three categories: videos, articles and images. Anyone can participate in the contest, we can’t wait to see your content!
What You Need To Do

In order to take part, all you need to do is submit your content, in the following formats;
We are looking for reviews of the AAX Exchange and the AAB token in video or written format. Introduce, explain, or talk about the token and the exchange, give your personal opinion, and add your individual twist.

https://medium.com/@community_98574/aab-token-content-contest-e8c008ee19b5

There are a total of 50,000,000 AAB tokens, and no more will be created. The total 50 millions of AAB will be distributed over 5 years.

AAX will use 100% of the trading fees earned by AAX on its futures markets to buyback and burn the tokens on a daily basis.

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 absolutely right)

---

Thor Chan - Chief Executive Officer



Thor was among the first to join AAX and is the mastermind behind the company's product development strategy. His expertise reaches across all operations and is a driving force behind the team's success. His experience includes building global order management systems, global settlement systems, and low-latency trading platforms for professional traders.

He was previously licensed in Hong Kong to manage equities and derivatives brokerage and trading operations. He's held various roles, including Deputy COO at FDT Group, and product management roles at App Annie, Microsoft, Publicis, and HSBC.

---

In the first round

500,000 AAB will be offered at a 50% discount to a maximum of 500 buyers who have successfully subscribed for participation.

In the second round

500,000 AAB will be offered at a 50% discount to a maximum of 500 buyers who have successfully subscribed for participation.

In the third round

9 million AAB will be offered for a total of 1 USDT each

---

AMA Recap - AAX Crypto Exchange x Game of Bitcoins

Thanks a lot for actively participating in the AAX Crypto Exchange AMA held on 31st March 2020 at the Game of Bitcoins Channel. We really appreciate all your support. This post is a recap of the entire session held with AAX.

https://www.publish0x.com/crypto-amas/ama-recap-aax-crypto-exchange-x-game-of-bitcoins-xnolge

---

Asia’s Bakkt? AAX Rolls Out Crypto Trading With London Stock Exchange Tech

https://www.coindesk.com/asias-bakkt-aax-rolls-out-crypto-trading-with-london-stock-exchange-tech

Sure, visit https://aab.aax.com, purchase AAB and enjoy trade discounts and more!

Step 1: Click on “Remind me” before the token sales start, make sure not to miss any messages regarding the AAB sales.

Step 2: Open an AAX account if you haven’t done so already

Step 3: Pass identity verification on AAX if you haven’t done so already

Step 4: Make sure your account has sufficient funds to purchase AAB. Please prepare USDT. The first 2 flash sales rounds require 500 USDT per person.

Step 5: Wait until the token sales starts (you will receive a reminder if you have clicked “Remind Me”). Click on “Purchase Now” on https://aab.aax.com, confirm your order.

Step 6: Wait for the result, only 500 people will get the 1000 AAB in the first 2 rounds. Also 250 people will get the 1000 AAB for free in the first 2 rounds.

Step 7: Purchase more AAB at aax.com on 16 April at the spot market directly!

---

10% off all futures trading when you are referred by a friend on #AAX, share your referral links below!

Download the app now: http://bit.ly/37KWSiA

Thanks, yes, of course) 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.

---

Hong Kong Startup Launches LSE-Powered Bitcoin Spot, Futures Platform

https://cointelegraph.com/news/hong-kongs-new-crypto-regulations-leave-gray-area-claims-aax-exchange

---

For round 1&2 it is fixed, everyone gets 1000 AAB for 500 USDT. For round 3 there is no minimum.

Thank you for your understanding)

---

Thank you for your opinion, it is important to us. We will keep our community up to date with all the news.

Group has enough money to accomplish anything and the bounty is not the goal they pay attention to. I would love to have a campaign at this forum but probably won't show up now. Most customers of this exchange are satisfied because the liquidity here is very good and the group is very interested in the community. Personally, I will wait for what will happen next and hope this will be a potential exchange in the near future.

I agree, it would certainly be nice.But apparently the team is confident in their abilities and does not need support on the forum.

Thank you for your opinion. We are still solving some questions regarding our development in the coming years. All current news will appear immediately!

---

Right now we have an interesting offer for our users that may interest you: https://www.aax.com/tribe-application

---

Thank you very much, we try to make the best conditions for our users and make our exchange the most convenient and reliable.

---

Thank you very much for your opinion, it is very important for us and we always listen to the views of people. We are always interested in improving the performance of our exchange!

---

New LSE-Powered Crypto Exchange Promises to Be Really Fast

AAX, a Hong Kong-based startup, says its exchange is about to make Bitcoin trading at least 10 times faster than transactions taking place on some of the largest digital-asset exchanges.

https://www.bloomberg.com/news/articles/2019-11-06/atom-s-lse-powered-crypto-exchange-promises-to-be-really-fast

---

New Exchange on ‘Mission to Connect Crypto to Global Finance’

https://cointelegraph.com/news/new-exchange-on-mission-to-connect-crypto-to-global-finance

I see answered already. Anyway, hopefully you can decide to fan out a campaign that works here. The contest youve launch isnt bad but of course you should dessiminate your token to a larger audience and having a contest with few winners will be limited to few token holders. As an exchange you should increase your users, and most bounty hunter are fond of trading so I guess its a win win for you if youd launch it. Just a suggestion. Good luck to your project.

We do this in our own way, if we decide to launch a full bounty campaign, we will inform about it through our communication channels.

A very good platform. Can I ask if the company would launch a promotional campaign for this here on bitcointalk? I can see a link to a bounty campaign but it isnt posted here. I appreciate and would be glad to participate if you would start one.

Also I do hope if the marketing reserve would not be purely referral and commision. Adding conventional way of promotion would be effective such as airdrop.

Of course, the crisis had a great impact on the market around the world, but we have a reliable project and our token is backed up by our exchange.

---

Our team has extensive experience in the field of blockchain and beyond. You can see it on the page: https://www.aax.com/team-story

I think if there are more bounty campaigns here, this project will get great attention from people and certainly more people will tend to download this trading application because this is a very popular way to advertise. Of course, I would like to try but I have not seen anything special so far so I only use popular exchanges like Binance for now. Anyway this is new exchange and it takes time for things to work better.

I think they have strong confidence with their project so they are doing their sale on their own. Maybe they have good amount of funds to begin with. But I don't know how they can gain trust from the crypto community as they are just new in the business. Also, with the current pandemic situation, I don't think many people can afford to spend money for investments that they are not really sure about.

Are they going to run bounty programs? Maybe hire a reputable BM if they will have one, so they will be trusted at least.

at first glance, it looks good,but it is strange that there is no full bounty company for the new exchange, but only contests.

im thinking if that will create a hype for this project. As long as the team can prove itself to be a trusted team and then they can get some funds from the public investors.
Just wanna know about the track history of the team. It looks like someone need to do a deep analyzation to make sure there will be no another bcnex scam exchange again.

Well we have experienced that before and look what happen to that exchange already. I don't know if people will actually buy your token due to market situation and the crisis going on. But seeing how big the project and is backed by LSED and Chinese are investors are not affected, they may be able to fund this. 

For now our token will be able to trade on AAX Exchange. We'll give you new information as soon as possible. Thank you)

---

Out of a total of 50 million AAB, we will gradually be distributing
AAB according to the following allocation:

Marketing Reserve (10%)
Research, Development & Team (20%)
Ambassadors & Affiliates (10%)
Liquidity Provision Funds (20%)
Business Development (10%)
Public Offering (20%)
Risk Reserves (10%)

Seem a very huge project must have good volume when its up.  Its just that they are doing the sale on their own not on exchange like Okex or Binance.

Did you guy even tried to make a deal with real exchange first for traders to have an assurance that this token will be traded in real exchange not just to the AAX? There'd will be no pressure to the team if its done this way.

You can trade without KYC but there’s a limit. You can only participate in the AAB IEO by successfully passing KYC Level 1 and on payment of the Offer Price related to the Subscription Period(s) for the AAB IEO.

You are required to successfully complete KYC Level 1 on AAX Platform by providing truthful, accurate and updated information about yourself, including your real name, genuine identification documents and proof of address and selfie photograph.

Yea, sorry, we are not included DOGE yet.

---

Hello, it starts April 14 and has 3 stages with different bonuses. First and second stages has 50% bonus.

---

10 million AAB, or 20% of the total supply, will be made available for public sale through a series of discounted flash sales.

---

AAX is committed to connecting crypto to global finance and tap into multi-trillion dollar traditional markets including forex, commodity, stock, and real estate, by way of its listing strategy and unique instruments.

Do you have KYC for all levels of withdrawals?
And I noticed from the below list, you are not including doge yet?

https://aax.zendesk.com/hc/en-us/articles/900000231846--Announcement-AAX-Minimum-Withdrawal-Amount-and-Withdrawal-Fee-Lowered

AAX Launches Native Exchange Token AAB, Connecting Crypto To Global Finance

HONG KONG, 30 March 2020 – 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.

On a mission to connect crypto to global finance, AAX is introducing a series of innovative financial instruments such as tokenized commodities, indices, Bitcoin dimension products, social trading programs, and security tokens. AAB enables traders to engage these novel instruments and to share in the growth of the exchange.

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.

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.





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