Topic: ANXBTC and recent price rise (Read 4631 times)

Hi. What do you mean by "Smooth Charts"?
If you'd like to drop in a suggestion, please do so on our Bitcointalk thread.
https://bitcointalksearch.org/topic/ann-anx-your-ultimate-crypto-trading-platform-425451

why anxbtc doesn't show smooth charts like kraken? i'm relying on bitcoinity to trade with them, because it's easy to work with charts over an order book, anxpro should do something about it.

They have bank account in different countries?

Do they have license abroad or just in Hong Kong?

Problem with SEPA was resolved and my withdrawal was amazingly quick.

ANXPRO had some slight problems with their banking partners, but this was resolved 2 hours ago. Both deposits are withdrawals should work fine. If you encounter any problems, don't hesitate to contact me.

I hope they were, they are mentioned here:

and here:


Anyway, kinda strange to accept deposits and deny withdrawals.
Sounds like another exchange we rather not talk about.

SEPA withdrawals disabled, while deposits work fine?

I know that. I meant that if you have suggestions, you can tell me.

that was a question, not a suggestion.

That's a really good question, lol. I've been pestering my superiors to integrate it into one.
It's actually three, ANXPRO, ANXBTC, and MengMengBi.

If you have any more suggestions, please tell me. Oh, and the credentials work for all three too.

byt411:

Why two exchanges and
two websites, anxbtc and anxpro...??

We have many banking partners, and we are able to do that at a low fee. Right now, we have a 0% Trading fee, but that promotion ends tomorrow, so be sure to try out our trading platform soon!
ANXPRO

Thanks for the detailed answer.
Sound like you have to change a lot of money. Aren't there high fees to change e. G. USD against CHF etc.? It doesn't sound like a profitable business modell

Let me explain.
Bob wants to sell 1 BTC  for $619 USD.
Alice wants to buy 1 BTC for 453.4 EUR.

Our state-of-the-art trading platform will automatically match these orders and make it happen.
Bob receives $619 USD, Alice receives 1 BTC. Understand?
And yes, even if there is no bid in CHF, you can still sell BTC for CHF, since our platform will match your trade with ones in other currencies and then exchange the fiat.

Our API doesn't "pretend" anything. It still displays volume for all "mixed" together, as you might say, because the trading book is universal.
We are based in Hong Kong, and I mean based in Hong Kong, unlike Bitfinex.

So you don't have a volume of 1.000+ each day in CHF, but your API pretends you have? The volume shown by the API is the complete volume, right? And you don't have data how much volume has been executed in the supported fiat-currencies? So the correct volume of your exchange in CHF could be 10 or zero, but since you don't know your API shows 1.000+?


I don't understand it. No matter what currency I send you, you turn it in the orderbook and every's currencies order can be executed with every other currency's order? So even if you have no single bid in CHF I could sell tons of bitcoins against CHF and you buy me out with your local swiss banking partner?

btw: your homepage lacks an impressum. Where are you located?

Here's your answer:

Thank you for raising that. It is a important feature of ANX.

ANX is completely different, from every exchange on the planet.

Other exchanges have separate order books - one order book for BTCEUR, another for BTCUSD. Trades, pricing, depth is all independent.
ANX on the other hand has a sophisticated engine that streams in FX rates in real-time, and blends all FIAT currencies into a single order book.

Orders placed in BTCEUR can match against orders placed in BTCUSD. It's based on a very fair algorithm that converts each existing order into the equivalent price for any incoming order.
USD orders are settled in USD, and EUR in EUR.

Some exchanges have attempted to implement a multi-currency offering by first converting orders into a common currency, which is terrible for the customer as they suffer FX slippage.
In the case of ANX a USD order rests in USD, and a EUR in EUR. If they match, both parties receive their native currency.
So - when you use the two API calls as per your email, you are actually querying against a single order book.

The data is completely transparent - the "primary" flat tells you what is going on.

If a EUR trade matches against a USD trade, the USD and EUR will both be reported in the history call with primary="true".

The volume may appear identical in each of the 11 fiat currencies we support but that is because it is identical; transaction volume could have been executed in any of those 11 fiat currencies we support.  We're the only exchange in the world that offers its customers to execute in their local currency of choice (provided it is one of the 11 currencies we do today).  Customers no longer have to endure poor bank exchange rates and in many cases, they no longer have to rely on expensive wire fees (we now support local banking in Australia, Hong Kong and in Europe). 

Not accusing or anything, but at first glance my initial reaction would be "They sold 6000 BTC themselves and then users did: 35, 148, 154, 155, 204 and 208."

I'll check it out. In retrospect, it looks like you guys did just launch on the right date. And with all those currencies, you must be capturing some unmet demand in the market. Nice Job!

Well, you should do so now, since we are having a 0% Fee promotion right now, until the start of June.

Oh, hey thanks! It looks like a well thought out site. Perhaps a good place to do arbitrage?