Join Our Mailing List
Wednesday March 22, 2023
Bitcoin (BTC) $27,428.35   Ethereum (ETH) $1,738.90
  • 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 Blockchain Assets

Crypto exchange AAX announces AAB token buy back

Published by CryptoNinjas.net
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 in phases with an expected buyback size of 30% of AAB in circulation. At the same time, AAB will be listed on UniSwap; the listing will be paired with USDT.

Following the continuous development of the AAX platform, the AAB ecosystem has also been gradually improved and enriched. In addition to enjoying a 20% discount on transaction fees when paid in AAB, AAB holders also enjoy many benefits such as buying tokens with a 50% discount, receiving random airdrops, and as a trading volume booster in trading competitions.

At the same time, AAB holders also enjoy preferential withdrawal fees and a higher percentage of referral commission rebates. Such utility will be further expanded as AAX grows.

AAX has achieved explosive business growth in the year 2021. Local currency deposits reached a daily average of $10 million in April and is expected to grow by more than 30% each month in the future. AAX has been well-recognized and favored by users and the market.

As AAX has improved, we have seen user numbers increase and the scale of business explode in many countries and regions around the world. The number of accounts opened by VIP clients and institutional investors has nearly tripled. In addition, AAX has recently launched an “existing user activation program”, inviting inactive users to return to AAX and experience our upgraded products and service. As of now, the monthly active users on the AAX platform have increased 20 times compared to January 2021.

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

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

The Rise of AAX: The Institutional-Grade Crypto Derivatives Platform Celebrates Its Anniversary

11/24/2020
AAX

For those who remember, 2019 was all about the rise of ‘the institutional-grade platform’. As the crypto winter drew to a close, a number of exchanges including Bakkt, ErisX, and AAX started attracting attention....

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
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
How to Become a Web3 Developer: A Guide to Web3 Jobs

How to Become a Web3 Developer: A Guide to Web3 Jobs

03/15/2023

Ripple names payment network RippleNet and grows product suite

08/01/2017
Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

02/15/2023
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 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 - 2023 CryptoNinjas Disclosures | Privacy Policy