A Chinese cryptocurrency exchange called AEX is officially registered in the UK to provide its services globally. It mostly benefits Chinese merchants, nevertheless, and is uncontrolled. More than 1 million people utilize the platform’s services. It offers over 300 cryptocurrency trading pairs and a large range of crypto assets. The trade and general business processes move quickly. Giveaways, incentives, and other promotional programs often employ the AEX exchange. They provide their users with several benefits and are a routine element of operations.
AEX trading platform
Two trading platforms are available on AEX: Standard and Professional. Both new traders and seasoned investors may use these platforms. The only difference between the two systems, however, is their user interface.
Standard trading platform
It provides straightforward charts, an order book, and a trading history. Additionally, it has an easy-to-use design and offers only a few basic functionalities. Overall, it is user-friendly and good for beginners. Overall, AEX provides novice traders with all the tools they need to get started without any confusingly complicated quirks.
Professional trading platform
For seasoned traders, the professional platform is suitable. Additionally, it provides all the sophisticated tools and services needed for trading, including an advanced chart, technical indicators, analytical tools, and trading tools. A thorough order book and trade history are also included in the complex interface.
AEX services and features
The benefits and services of AEX are:
Fees
Trading costs on the AEX cryptocurrency exchange start at only 0.05% per deal, among the lowest in the whole industry. Trading costs of 0.05% are much less expensive than the fees most other cryptocurrency exchanges impose, which average about 0.25%. As with many cryptocurrency exchanges, AEX also levies withdrawal fees. The costs for withdrawals vary from cryptocurrency to cryptocurrency, however for Ripple withdrawals, traders must pay 0.5% of the total amount removed in addition to 0.001 BTC for Bitcoin withdrawals and 0.01 ETH for Ethereum withdrawals. These withdrawal costs, which are substantially greater than those charged by the majority of other exchanges, allow AEX to impose such low trading fees.
DeFi pool
In contrast to engaging in liquidity mining independently, the DeFi machine gun pool uses contracts to choose the best arbitrage route among several DeFi projects on Ethereum. Furthermore, the DeFi machine gun pool product from AEX generates money that it then immediately sells. Additionally, the income is fixed, and the principal and interest are paid at maturity in USDT for USDT, ETH for ETH, and BTC for BTC.
AEX loan
Two mortgage services are provided by AEX: AEX Loan and C2C Loan services. To suit the borrowing and investing requirements of diverse customers, C2C lending is a free cryptocurrency lending service. Investors also earn from placing advertising-based bids. Furthermore, borrowers are allowed to borrow as much as they need. Benefits of a C2C loan include free daily interest rate setting, free control over borrowing money, assured fund security, and free loan cycle selection.
Ethereum 2.0 mining
The AEX exchange provides a platform specifically designed for Ethereum mining, where users may profit with as little as 0.1ETH. Additionally, it offers flexible withdrawal and extra passive income. Joining this mining pool is simple. First, users must switch out ETH for ETH2 on the site. In this case, traders might generate interest revenue by retaining holdings. Additionally, traders may benefit from GAT mining earnings by taking part in ASwap’s ETH-ETH2 liquidity market-making. The ETH-ETH2 liquidity pool now allows traders to get their whole fee revenue. The top 10 users of the liquidity pool also get an iPhone 12 or incentives in USDT.
Staking
A digital asset bank provides staking options via AEX. A 100% risk guarantee fund and a seven-layer risk management system are also provided. Additionally, it provides Initial Lock Offerings and says it will provide up to 24% of projected income.
App for mobile
A smartphone app that serves as a portable digital asset bank is available from the AEX cryptocurrency exchange. Users may trade anytime, anywhere, and keep up with market movements thanks to it. Additionally, both iOS and Android devices may use the software. The mobile app offers a wide variety of services, including spot trading, contracts, OTC, and many more. 27 cryptocurrencies are supported by the app, which features a seven-layer security mechanism. The mobile app offers an amazing trading experience overall.
Security
Among traders, AEX is not seen as secure. Traders have a poor opinion of it. It has a terrible reputation since it shares a CEO with btc38, which lost millions of dollars in customer money. Furthermore, AEX does not follow any laws. Cryptocurrency exchanges shouldn’t be prone to hacking. So, it’s not a good indicator that there aren’t any security precautions. For anonymous merchants, nevertheless, this is advantageous. No personal or financial information is required from users. As of July 2021, AEX has not disclosed any hacks, problems, or warning signs.
Referral program
AEX offers a referral program to help its traders generate more passive revenue. By inviting others via their networks, traders may reward them when they sign up and begin trading. On transactions involving the referee’s spot trading, Aswap mining, finance, and pledge lending, a trader is paid a commission. The commissions they get include trading commissions, swap commissions, saving commissions, and stake commissions.
