Join Our Mailing List
Saturday December 09, 2023
Bitcoin (BTC) $44,283.86   Ethereum (ETH) $2,371.95
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Crypto Exchanges

AAX rolls out new suite of products to meet growing demand for ‘alternative’ crypto solutions

Published by CryptoNinjas.net
08/19/2020
AAX rolls out new suite of products to meet growing demand for ‘alternative’ crypto solutions

AAX, the digital asset exchange powered by LSEG Technology, recently rolled out a suite of products opening up new opportunities to invest, trade, and manage crypto wealth.

Doubling its user base in just over a month, AAX is fast becoming a hub for a wide range of financial activities, from trade and payments to earning and saving cryptocurrency. This month the exchange announced the following updates for August:

  • New spot listings: DeFi

To meet the growing demand for innovative DeFi tokens, AAX has opened up 6 new markets for Compound (COMP), Bancor Network Token (BNT) and Aave (LEND), which can be traded against Bitcoin (BTC) and USDT.

  • Futures trading

New USDT-settled perpetual contracts are on offer for Ethereum (ETH), ChainLink (LINK), COMP, and Bitcoin Cash (BCH). This enables users to earn, irrespective of whether it is a bear or a bull market.

  • Rewards Hub

AAX is now launching AAX Grand Stadium, a rewards hub where users can win prizes and earn crypto rewards for completing simple tasks.

  • Savings

With global negative interest rates in force, demand has been on the rise for both decentralized and crypto-based savings solutions. Now, in addition to AAB Plus, AAX Vault also offers high yield savings products for BTC and ETH, with competitive daily interest rates.

  • Call for OTC merchants

With support for 20+ fiat-to-crypto gateways, AAX is calling for more crypto merchants to set up shop on its over-the-counter platform. Until August 31, 2020, there will be no charge on merchant applications.

“The crypto space is moving very fast now. Interest in the wider space beyond Bitcoin and trading is gathering pace with increased demand for savings products and other tools to optimize crypto wealth management,” said AAX’s CEO, Thor Chan.

“We see this expressed in the DeFi-space, but similarly, high-caliber centralized exchanges are also building out their ecosystems in response to a growing demand for alternative, crypto-based financial service solutions. We’ve now adopted a very aggressive innovation strategy, with rapid expansion on all frontiers, and we expect to accelerate this work over the coming few months.”

12
SHARES
SubscribeE-MailXFacebookWhatsappTelegramRedditLinkedin
Via: aax.com

Related News

Crypto exchange AAX announces AAB token buy back

05/10/2021
AAX

Despite recent uptake, the native token AAB of crypto exchange AAX is still deemed undervalued... As such, the AAX team has decided to buy back AAB from the secondary market and will do so...

Read more

Crypto exchange platform AAX reveals HKD, SDG, and GBP as the top 3 fiat currencies deposited in April

04/14/2021
AAX

After the 2021 easter holiday, AAX recorded the highest amount of fiat deposits into the exchange with a total of over 10 million USD in 10 days. The top three currencies are Hong Kong...

Read more

Crypto exchange AAX scales operation to Russian-speaking market

03/01/2021
AAX

Hong Kong cryptocurrency exchange AAX, has announced the scaling to the Russian-speaking market and appointed Anton Gulin as a country manager in Russia and CIS. Anton Gulin took office on February 1, 2021. He...

Read more

Crypto exchange AAX to support 11 global currencies for deposit and withdrawal

12/10/2020
AAX

To facilitate users’ access to cryptocurrencies, high-performance crypto exchange platform AAX will be supporting 11 different fiat currencies for direct deposit and withdrawal via bank transfer from December 2020. Supported currencies include Australian Dollar...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Crypto quant trading platform AlgoTrader completes CHF 3.7M Series A funding

Crypto quant trading platform AlgoTrader completes CHF 3.7M Series A funding

01/08/2020
P2P crypto trading network AirSwap introduces on-chain limit order feature

P2P crypto trading network AirSwap introduces on-chain limit order feature

02/07/2020
LiquidApps releases customizable enterprise blockchain specific solution: LiquidChains

LiquidApps releases customizable enterprise blockchain specific solution: LiquidChains

02/20/2020
Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

10/22/2018
Cryptocurrency Payments for Insurance: Are Insurance Companies Really Embracing Bitcoin and Altcoins?

Cryptocurrency Payments for Insurance: Are Insurance Companies Really Embracing Bitcoin and Altcoins?

11/20/2023
4 Things We’ve Learned About Owning Bitcoin in 2023

4 Things We’ve Learned About Owning Bitcoin in 2023

11/13/2023
Fuse Network welcomes Liquify as new blockchain infrastructure partner

Fuse Network welcomes Liquify as new blockchain infrastructure partner

10/02/2023
BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

08/28/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy