AAX
Reviews 13
No complaints yet
4.3
Unverified company
aax.com
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AAX is a platform that offers a full range of crypto products and services. On the exchange trade cryptocurrency at the speed of light.
Cryptocurrency exchange
Website
Social media
Date of foundation
2016
Head Office
Seychelles
Types of support
FAQ
Feedback form on the site
Facebook
Twitter
Telegram
Instagram
Languages
Thai, Korean, Vietnamese, Japanese, Chinese, English, Russian
Founder
Tor Chan
The owner of the company
AAX Singapore Branch
Manager
Tor Chan
Minimum entry amount
Verified
Cryptocurrency
  • From 0.001 BTC
  • From 0.02 ETH
  • From 5 USDT
  • From 0.2 EOS
  • From 0.002 LTC
Fiat
  • Mercuryo: to 4 USD
  • Advcash: to 1 USD
Unverified
Cryptocurrency
  • From 0.001 BTC
  • From 0.02 ETH
  • From 5 USDT
  • From 0.2 EOS
  • From 0.002 LTC
Fiat
  • Mercuryo: to 4 USD
  • Advanced Cash: to 1 USD
Maximum input amount
Verified
Cryptocurrency
No limits
Fiat
  • Mercuryo: to 5 000 USD
  • Advcash: to 49,999 USD
Unverified
Cryptocurrency
No limits
Fiat
  • Mercuryo: to 5 000 USD
  • Advcash: to 49,999 USD
Minimum withdrawal amount
Verified
Cryptocurrency
  • From 0.0005 BTC
  • From 0.01 ETH
  • From 1 USDT
  • From 0.1 EOS
  • From 0.001 LTC
Fiat
  • Mercuryo: to 4 USD
  • Advcash: to 1 USD
Unverified
Cryptocurrency
  • From 0.0005 BTC
  • From 0.01 ETH
  • From 1 USDT
  • From 0.1 EOS
  • From 0.001 LTC
Fiat
  • Mercuryo: to 4 USD
  • Advcash: to 1 USD
Maximum withdrawal amount
Verified
Cryptocurrency
No limits
Fiat
  • Mercuryo: to 5 000 USD
  • Advcash: to 49,999 USD
Unverified
Cryptocurrency
No limits
Fiat
  • Mercuryo: to 5 000 USD
  • Advcash: to 49,999 USD
Exchange Commission
Spot trading: 0.06 % for maker / 0.1 % for taker
Futures: 0.02 % for maker / 0.04 % for taker
Withdrawal fee: 0.0004 BTC / 0.01 ETH / From 0.1 to 8 USDT / 0.1 EOS / 0.001 LTC
Terminals
Trading terminal for futures, Terminal for spot trading
Age restrictions
From 18 years
Trading volume per day
606382486 USD
Number of users
100000+
Number of cryptocurrencies
65+
Number of trading instruments
100+
Margin Trading
Margin depends on price movements
Leverage
To 1:100
Tokenized assets
Own cryptocurrency - AAB
Free Demo Account
No
Types of accounts
Execution of orders
Market Execution (at market price), Limit Orders, Stop Limit
Methods of replenishment
Bank card (Visa/MC/MIR), Cryptocurrencies, Wire Transfer, Advcash, Mercuryo
Withdrawal methods
Bank card (Visa/MC/MIR), Cryptocurrencies, Wire Transfer, Advcash, Mercuryo
Account currencies
Cryptocurrencies
Types of cryptocurrencies
BTC, ETH, USDT, LTC, EOS, ADA, DOT, SOL, etc.
Mobile applications
Has mobile apps (iOS / Android)
Trader training
Beginner's guide, blockchain glossary, AAX academy
A way to store cryptocurrencies
Cold: yes
Hot: no
Fiat accounts
Yes
Scalping
Trade from 1 min to 15 min
Stop Loss and Take Profit Function
Yes
Exchangeability for fiat currencies
Yes
Trading Strategies
All trading strategies are allowed
Additional features
Free coins from the exchange for reviews and errors found on the platform
Traditional options
Profits from trading options on the platform
P2P trading
Direct purchase and trade of cryptocurrency (without the participation of third parties)
Futures trading
There is buying and selling coins on the platform for a predetermined price
Steaking
Passive profits from holding coins on the exchange
Basic verification
Yes
Extended AML verification
Regulatory laws
Laws of Malta
API
Read moreUsed to automatically perform specified operations by the robot
Bonuses
Affiliate Program
Registration20% from new customer trading commissions
Benefits
Interface in different languages, including Russian
Support for fiat currencies
Availability of a P2P platform
Profitable referral program
Low commissions
24-hour customer service
Ongoing development of the exchange
Company requisites
Overall assessment
8.8/10
Date of update
14.07.2022
    Address
    Seychelles

    AAX is it a scam? Reviews and description

    Published: 19 October 2021 Updated: July 14, 2022

    AAX - a platform that offers a full range of crypto products and services. The exchange runs on the LSEG Technology engine, allows you to trade cryptocurrency at the speed of light. The company appeared in 2018, but only after 18 months was it officially launched. All this time the team has been developing and researching the platform, customizing and improving it to make it user-friendly.

    When the exchange opened, a strong team was assembled to develop its services, which included specialists from HSBC, IBM and JPMorgan. Now there are 200 people working under the direction of director Thor Chan. In a year the staff has brought the exchange to the leading role in the Asia-Pacific region. AAX is a professional team, the use of reliable technology and a special attitude to security. And it's also a platform that is constantly evolving, introducing new tools for its clients. Let's find out if it's a scam. crypto exchange AAX.

    AAX reviews

    Bonus 50 USD on depositing by promo code 5YQXnFRVozNM.

     

    Why AAX?

    At the stock exchange aax.com It is possible to exchange digital coins and use additional tools to receive assets. Spot trading, futures contracts, P2P-platform and saving are available to clients. Spot trading suits beginners, allows you to quickly understand the system, to master the basic schemes of making a profit. With P2P, you can sell and buy coins directly. The client has more control over the transaction, but takes a peculiar risk because there is no intermediary in the form of an exchange in the scheme.

    Users can work with futures - selling or buying coins at a set price in the future. In order for the transaction to take place, a contract is signed for its realization. Savings - a service, the principle of which is similar to a savings account. The client deposits his assets at an interest rate and they are returned to the user within a specified period of time. The platform trades 65 digital coins and there are more than 100 bundles. More often clients choose the pair BTC/USDTBut other assets are not neglected, either.

    AAH advantages

    For the convenience of users, specialists have created their own digital coin - AAB. Using it, traders receive a 20% discount on commissions and can work with special trading opportunities. Trading at the exchange is only possible from 18 years of age. If the company finds out that the services are used by a minor, it will delete the personal information from the user. There are still a number of countries with which the platform does not cooperate due to legal disputes. These are Afghanistan, Bosnia and Herzegovina, Cuba, etc. The same list includes the cities of Crimea, Sevastopol. You can trade on the official website of the company, through mobile applications, download links for which are located on the main page of the platform.

    AAX mobile app

     

    How to exchange cryptocurrency on aax.com platform?

    Through the "Quick Buy" system, customers can instantly execute a transaction. To buy cryptocurrency, you need to log in or register in your personal cabinet and get verified. Users are offered to make a purchase using more than 20 local currencies. Bank transfer, Visa, Mastercard and others are accepted for payment. Purchased currency is displayed on the fiat account. If you want to sell your accumulated savings, then you should specify the amount and currency that you give away. And choose in which currency you wish to receive funds.

    AAX exchange cryptocurrency

     

    Verification on the AAH platform

    When opening an account, customers register on the website aax.com by phone or via e-mail. An identification code is sent to the specified number and box, which can be used to activate the account. Users are also offered to verify their identity in order to use all the services of the company. With the verification of identity it is possible to withdraw money, use the P2P platform and the function of quick purchase of coins. Clients also have an increased limit on receiving funds. For verification, it is necessary to provide personal information and a passport.

    The company has the right to make inquiries to verify the accuracy of your data. If a customer sends false information, AAX may suspend the account, deduct a penalty from the balance for non-compliance with the rules. When verifying personal data users are assigned the first level of verification. The second level can be obtained by sending the documents to the company to confirm the actual address. This will open an additional option - depositing in fiat currencies. Clients are advised to use two-factor authentication and payment password to protect their personal data.

    AAH verification

     

    Deposit and withdrawal

    There is no separate tab with the total balance on the platform. Instead, clients are offered several separate accounts: spot, fiat, futures, and seeding. Users who have passed the second level of verification have the right to use fiat currencies: dollars, rubles, euros, hryvnias, etc. The money appears on the account immediately after the operation. You can deposit money to the account Wallet cryptocurrency. To withdraw savings, users need to set a payment password (only after that the function becomes available). Transactions can be delayed up to half an hour, as the team itself processes requests.

    AAX Crypto Exchange Commission

    On the platform AAH there are fixed commissions for spot trade: for makers it is 0.06%, for tokers - 0.1%. When working with futures contracts other tariffs are applied: 0.02% for makers and 0.04 for tokers.

    How do I get a discount on commissions?

    Users can get a 20% discount when paying with AAB.

    AAX discounts

    Withdrawal fees

    A commission is also paid when you withdraw your earnings. Each coin sets its own value, specifies the minimum amount you can withdraw, and the percentage that you will give for the transaction.

     

    Bonuses aax.com

    To users aax.com offer various bonuses for profitable trading.

    Bonus 50 USD on deposit

    You can get a bonus of 50 USD if you deposit by promo code 5YQXnFRVozNM.

    Passive income with Solana

    Blockchain protocol helps clients earn passive income, take advantage of modern technology. Solana takes 0% commissions on the AAX spot market, offers the use of savers SOL / SRM / RAY / STEP / CVC / AUDIO.

    Saving

    With a swing, the interest rate increases to 20%. At the same time, the duration can be from 7 to 360 days. Clients are offered a zero subscription fee, and the yield is much higher than on the market. Users also have the option to redeem the principal and interest at the same time, automatically extending the deal. Interest is credited to the account at 00:00 UTC for the next day after subscription.

    AAH SAVING

    Referral program aax.com

    You can get a passive income with the help of an affiliate program. To do this, you need to share a referral link or QR code with another person and motivate him to register. After the new user appears in the system, you will get back 20% from his trading commissions. And when your friend will make trades for 10 000 USD and deposit 500 USD, you will get 20 USD, and your friend will get 50 USD.

    AAH referral program

     

    Complaints about the AAH

    Before you start working with the exchange AAHIt is worth reading what regular customers have written about it. So, from the pluses, users note that it is possible to choose the language on the site (Russian, English or Chinese). Customers like the fact that there is support for fiat currencies. They also speak positively about the P2P-platform.

    AAH reviews.

    The disadvantages include the fact that the company does not have a license and regulators, it is not engaged in margin trading. There are also complaints about the support service, which takes a long time to respond to users, solving problems inefficiently.

    If there are any complaints about AAX, we will be sure to post the information on social media. Sign up so you don't miss anything!

    Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

     

    Regulation of the crypto exchange aax.com

    From the documents displayed on the site, you can learn that the main branch is located in the Seychelles. There is also an office in Singapore. The company does not have a license and a regulator. But the team cares about the users, about your safety. What measures are taken to protect customers can be found in the "Privacy Policy". The document states that the information collected is used to provide the services prescribed in the contract.

    Employees do not share data about you with third parties for research, analysis or profiling. Partners may only receive data if it will be used to improve the platform. The site also uses cookies to keep track of each customer's actions. You can turn them off if you wish.

    AAH User Agreement

    Before you start working on the platform, you should familiarize yourself with the user attitude. It states that AAX is a digital asset trading platform that provides customers with a number of services. These include spot trading, futures trading and OTC trading.

    AAX User Agreement

    It is noted that the platform does not act as a counterparty in any of the transactions conducted. The company at will and corporate beliefs can restrict access to any jurisdiction, suspend the operation of a particular account. If a person is traveling, visiting a forbidden country, he is advised to use VPNto avoid the consequences in the form of restrictions on the platform.

    aax.com WAP

    When registering, users must provide accurate information about themselves. The team requests passport scans to verify each identity. This is done as part of the company's fight against money laundering schemes and against corruption and bribery. It is forbidden to copy, modify, distribute or sell information from the site. Customers are responsible for the security of their accounts, they must keep their password secret and not share it with anyone.

    If you don't have a business account, the security team can terminate it if it is detected that more than one person is using it. The team can improve and modify platform services and make upgrades. When using the mobile app, be aware that some services that are on the full version of the site may not be available. AAX notes that it does not give customers advice or recommendations regarding trading. The agreement details trading on the platform, the fees charged, risk disclosure, as well as intellectual property protection, force majeure, and dispute resolution.

    Customer Service

    The company is in touch with clients 24 hours a day, helping them understand their questions. Here you can use the feedback form, attach your message and attachments (if any). After reviewing the request managers will contact you. Find answers to frequently asked questions in the FAQ. For the convenience of users separately developed support center, which has the necessary documentation for work, training materials from the academy. You can quickly contact the staff through social networks of the exchange.

     

    Is AAX a scam?

    AAX - a site created for exchanging, trading cryptocurrency. Users can buy and sell crypto in exchange for fiat currency. The exchange uses the traditional mechanism used by the London Stock Exchange. It is considered the fastest and most reliable and allows for a large volume of transactions on the platform. Customers have no problems with opening an account, as this procedure does not take much time. Registration requires a number or email box, passport and proof of address. Traders also note the stable operation of the platform, available commissions. For beginners, the site has a lot of useful information that will help to understand the intricacies and peculiarities of trading.

    In general, it is worth noting the website of the platform, as it is informative and clear, conveniently divided into blocks. People from different countries can trade: clients can switch from English to Chinese, Russian, Japanese, Thai, Korean. The company also regularly updates its news section, where it posts articles about cryptocurrency exchanges and their innovations. Having studied the work of the company, its history, we can say that AAX is not a scam. The site helps traders to transform their capital and offers quality products. There are more and more users on the site every day, they manage to make transactions from different parts of the world.

     

    Conclusion

    Compared to competitors, the AAX there is a great advantage for the work of Russian-speaking users - the site has a Russian interface, which is competently translated. It is this detail that has helped to attract a huge number of new users who have a good command of the language. The platform is chosen for its ability to conduct transactions without verification. To understand how the platform works, to get to grips with all the subtleties of trading will be possible by starting to use it.

    Exchange Commission
    85%
    Transaction speed
    89%
    Reliability
    85%
    Technical support
    85%
    4.3

    Отзывы

    • No problem, kudos

      I have never had a problem with the AAH exchange, I use them for liquidity pools and also very often to buy coins, bridge them to other blockchain wallets, etc. I haven’t been lucky enough to need support yet, but I can’t say that support is good on AAH either (still trying to recover some coins for three months, and support never responds or updates the status of the request, and it’s the same everywhere). I think, AAH. Good for buying rare coins, yes, not the best place to store big money, but still a rare portfolio can be collected there.

      Reply to this review
      4.5
    • AAX exchange norms

      Cryptocurrency exchange AAH is a cryptocurrency exchange that combines low trading fees with a list that includes a wide range of supported cryptocurrencies. With low commissions, a wide selection of assets, and useful features, this exchange has the potential to meet all needs many crypto traders. They are so diligent in protecting their clients’ accounts. I’ve been trading with them for about a year now, made several deposits/withdrawals with several popular coins, and I have never had problems, as others have, with deposits or withdrawals when using other companies.

      Reply to this review
      4.5
    • Good experience

      I had a mostly good experience with the AAX cryptocurrency exchange. True, I ran into a few problems the first time I signed up. AAX It took three weeks to verify my identity before I could start trading. I had to submit my documents for verification twice. At The second time I had to do it through the phone and my account was approved within 2-3 hours. I still don’t know why it took less time, But it is. When it comes to transferring fiat money to my wallet, it’s very easy if you use a debit card. I don’t like the fact that The minimum transfer amount is 10 dollars, but it is better than the minimum amount of 100 dollars required for a bank transfer. Nevertheless However, the AAX exchange is a decent exchange that could use some changes.

      Reply to this review
      4.5
    • Like

      I haven’t had any problems with this company, although it does take some patience to get things working right. I like their whitelisting option, and Their trading commissions are very cheap. IMHO, if you want to store cryptocurrency on an exchange and trade for capital appreciation, you will not find a more convenient and a cost-effective exchange. If you transfer from an exchange, pay attention to the commission, I personally prefer to pay a network commission rather than A fixed commission like on the AAH exchange. But a fixed commission can be cheaper if you send a lot of money. This comparison depends on the cryptocurrency, for my ALGO I buy and transfer to Ledger, but not BTC and ETH.

      Reply to this review
      4
    • Recommendation

      AAH is a cryptocurrency exchange that combines low trading fees and a wide range of supported cryptocurrencies. Thanks to its low commissions, With its wide selection of assets and useful features, this exchange can potentially meet all the needs of many crypto traders. I have noticed that they are. They are so diligent in protecting their clients’ accounts. I’ve been trading with them for about a year now, made several deposits/withdrawals with several popular coins, and I have never had problems, as others have, with deposits or withdrawals when using other companies.

      Reply to this review
      3.5
    • An excellent and reliable tool

      Intuitively fell for the AAH — very satisfied. Great tool.

      Reply to this review
      4.5
    • I recommend AAH!

      There are many technical things that I have problems with when using the AAH exchange. However, I have never met such good support! My manager treats my account as if it were his own account. He is such an amazing person and he and I have had many conversations about trading and investing. Technically, there are a lot of minor issues with AAH, but in any company the main asset is the people, and this person is a great asset to the exchange!

      Reply to this review
      4.8
    • AAH rules

      We communicate, so to speak, with the exchange AAX, we are relatively new, but I can already give my opinion. What do I like most of all in AAX: easy to use interface, information is provided in an understandable form, the latest update with information about dividends — excellent. As for the support/account manager: always in touch, ready to explain, answer questions, even give additional information that may be useful to you.

      Reply to this review
      4.8
    • Thank you AAH

      I have been using the AAH exchange for a year now. As a newcomer to the investment community, I find the educational articles on this platform very helpful. It’s easy to use, and the social media feed helps me connect with other investors. The community helps answer questions "newbies" and the support, which is 24/7, will respond at any time. I personally have had no delays, the operator was in touch immediately after I contacted them.

      Reply to this review
      5
    • my review of AAH

      I’ve been using the AAH exchange for a year. When I was new to investing, I had my ups and downs, which taught me a lot. I probably would do a lot of things differently today, but experience is experience, and I’m very grateful for that. I gave AAH stars because:
      1. The platform itself is very user friendly.
      2. It was very easy to get started. All the processes didn’t take long and everything seemed simple.
      3. If you are just starting out in investing or moving your portfolio to AAH, the platform gives you all the tools you need. Charts, support, updates and email notifications.
      4. educational articles from AAH are super.
      6. Maybe some people will find AAH’s commission a bit high, but it’s up to you to decide.
      I wish the AAH team all the best, keep doing a great job and never stop developing!

      Reply to this review
      4.3
    • I recommend

      I think AAH exchange is one of the best cryptocurrency sites. Easy to use and great customer service. I recently had a small problem with my name being misspelled on my account. I talked to the support manager on telegram chat and he was very responsive. My problem was very professionally solved, which made me feel relaxed, because before I had read some horror stories about exchanges and was afraid of them. Now I highly recommend AAH and think they do a great job of helping people find financial freedom.

      Reply to this review
      4.8
    • Do not use

      AAX exchange crap exchange do not use it! changed the bitcoin addresses and all my bitcoins are not available. and no compensation do not give

      Reply to this review
      1.8
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