Cryptocurrency exchange | |
---|---|
Official website | |
Social media | |
Date of foundation | 2019 |
Head Office | Hong Kong |
Types of support | |
Languages | English |
The owner of the company | Alter Securities Limited |
Minimum entry amount | Verified Cryptocurrency
Fiat Currency Unavailable Unverified Cryptocurrency
Fiat Currency Unavailable |
Maximum input amount | Verified Cryptocurrency No limits Fiat Currency Unavailable Unverified Cryptocurrency No limits Fiat Currency Unavailable |
Minimum withdrawal amount | Verified Cryptocurrency
Fiat Currency Unavailable Unverified Cryptocurrency
Fiat Currency Unavailable |
Maximum withdrawal amount | Verified Cryptocurrency No limits Fiat Currency Unavailable Unverified Cryptocurrency No limits Fiat Currency Unavailable |
Exchange Commission | Withdrawal fee: 0.0005 BTC Trading commission: 0.2 % for taker / 0.8 % for maker Cancellation fee: 1.5 % |
Terminals | Author's platform |
Age restrictions | From 18 years |
Number of cryptocurrencies | 1 |
Margin Trading | No |
Tokenized assets | No |
Free Demo Account | No |
Types of accounts | Standard |
Execution of orders | Spot Order |
Methods of replenishment | Cryptocurrencies |
Withdrawal methods | Cryptocurrencies |
Account currencies | Cryptocurrencies |
Types of cryptocurrencies | BTC |
Mobile applications | No mobile apps available |
Trader training | No |
A way to store cryptocurrencies | Cold: yes Hot: no |
Fiat accounts | No |
Scalping | No |
Stop Loss and Take Profit Function | No |
Exchangeability for fiat currencies | No |
Basic verification | Yes |
Extended AML verification | Upon request, you may be required to provide your passport and photo of the user |
Regulatory laws | International data protection law Canadian law |
API | No |
Affiliate Program | No |
Benefits | High level of security Unique patented tools Available Commissions Regular bonuses Advanced AI and ML algorithms Profit calculator on the website Safety tips |
Disadvantages | Lack of feedback on the work of the exchange Little information about the referral program |
Company requisites | Legal name: Alter Securities Limited Legal address: Hong Kong |
Overall assessment | 0/10 |
Date of update | 27.04.2022 |
As.exchange is this a scam? Reviews and description
Page content
- 1. Why as.exchange?
- 2. How to exchange cryptocurrency on the platform as.exchenge?
- 3. Verification on the As.exchange platform
- 4. Deposit and withdrawal
- 5. Bonuses as.exchange
- 6. Complaints about as.exchenge
- 7. Regulation of crypto exchange As.exchange
- 8. As.exchange is a scam?
- 9. Conclusion
- 10. As.exchange reviews
As.exchange - crypto exchangewhich offers safe buying and selling BitcoinYou can also find information about TVS securities. There is a cabinet with wallets and the ability to buy and sell an asset, news and blog, profit calculator and detailed information about the tools of the exchange. Commissions are minimal, for the first 10,000 users they are zero in the first year. So far, more than 4,000 people are registered on the site.
To understand whether As.exchange company is reliable and whether there are no fraudsters working there, we compiled this review. The analysis of the exchange's work will help to assess its safety.
Why as.exchange?
As.exchange - a cryptocurrency exchange for trading BTC and working with TVS. The company uses patented innovative financial products that allow earning regardless of market conditions. The platform provides high liquidity. The trading volume has reached $10 million in just 3 months from all over the world, including institutional market makers. The exchange uses the most advanced AI and ML algorithms to ensure the security of every transaction and every user.
The company's website has information about its features, a comparison of the exchange with other similar services, news and blog articles. You can also use the profit calculator and learn safety tips. You can trade through a personal account and sections of the site. The pluses of the exchange include:
- High liquidity.
- High level of security.
- Available commissions.
- Guarantee against fraud.
- Regular bonuses.
How to exchange cryptocurrency on the platform as.exchenge?
Before you start trading on the exchange site, you need to register an account. To do this, open the registration form by clicking on the appropriate button at the top of the home page, and enter your username, first and last name, and password. After sending the application you will receive an e-mail with a link to confirm the account creation.
You can then log in to your account. Under "My Assets" you can see your balance, deposit, securitize, withdraw cryptocurrency or view your trading history. You can buy and sell cryptocurrency from your personal cabinet and from the "Quick Buy" and "Quick Sell" sections. They have a list of all offers with payment method, country, price and trade limits. For convenience, a filter by country and asset is available. Each line has a "Buy" or "Sell" button next to it. If you click on the appropriate one, you can go to your personal cabinet to make an order. Each seller or buyer can leave a comment on the offer, which should be studied before making a deal.
To buy or sell BTC or TVS, you can also go to your personal cabinet. There are "Buy" and "Sell" buttons. By clicking on the desired option, you can configure the search parameters of a suitable offer.
The company as.exchenge has developed an innovative financial product - Tranched Value Security (TVS). It is a security whose income payments and value are received and secured by the value of one or a group of assets, cash flow or other product. The value of a TVS is determined by a fraction of the price of a particular underlying asset or minimum contract value. You can trade cryptocurrencies through this new type of contract, which aims to transform the performance of the underlying spot assets so as to have control over the possible outcomes. The product is suitable for traders who prefer to hold positions and do not want their value to fluctuate in value due to changes in basis or seek to use expected price movements without the use of leverage.
Securitization is proposed for TVS. It is defined as placing the underlying asset in an integrated securitization system and issuing new financial instruments based on it. In securitization, the asset is credited to the user's account and the new security is debited to the securities account. For securitization, you need to choose how much TVS you want to issue from BTC by specifying the amount. It can be any number > 2, the exchange does not recommend issuing more than 10 as it increases the risks for each individual TVS.
Verification on the As.exchange platform
The site has no information on the mandatory verification of the account. It is offered only to register and start trading. The "Terms of Use" states that in some cases verification of identity may be required. This may require the user's name, passport and photo. It is also noted that in the case of loss of access to the account, verified customers will be able to restore it. Otherwise the account may be lost.
Deposit and withdrawal
To make a deposit or withdraw money, you need to go to your personal cabinet in the "My Assets" section. There you can see "Deposit" and "Withdraw" tabs. To make a deposit, you need to request an address and deposit BTC. The minimum deposit amount is 0.0003 BTC. To get an asset to your account you need 1 network confirmation.
To withdraw funds you need to enter the wallet address and amount. The minimum for an operation is 0.0003 BTC. Transfer fee is 0.0005 BTC. Transfer fee can be adjusted depending on network load.
Cryptoexchange Commission
There are no fees for a deposit to your account. Moreover, the exchange commits to refund all deposit fees, which means that you will be charged the exact amount you sent from another wallet without deduction of network fees.
For the first 10,000 users with a balance of $100 or more, all fees, including trading fees, are set at 0% for 1 year. After that time, normal trading fees will apply. Users after the initial 10,000 registered users will be charged the normal fees. If a user has registered but has not deposited anything, the commission reduction will not apply. The normal commission for talkers will be fixed and will be 0.2%, for makers it will be 0.8%.
Asset securitization fees, regardless of total assets or other parameters, are set at 0%. If the underlying asset is securitized, the user does not have to pay any commissions. The system will report the appropriate securitization level to ensure that the account maintains the necessary capital level for trading commissions for selling and/or buying financial instruments on the market as soon as they are enabled.
The termination fee is 1.5% of the PV of the total volume. It is paid if the user wants to unwind his position in a derivative contract, such as a tranched securities (TVS), and cash it out by receiving the corresponding underlying asset. It is possible to terminate the contract through the personal cabinet page. This is equivalent to selling the contract to as.exchange. To terminate the TVS position, the seller will transfer the current value of the contract to as.exchange. The contract will be valid until maturity without the occurrence of credit events. The value is calculated using a discount rate that reflects the risk of the value.
The withdrawal fee for the underlying assets depends on the network transaction fee for the asset. The amount varies depending on the current usage rates, the exchange automatically adjusts it, taking into account network congestion, so that transactions are confirmed as quickly as possible. The transaction fee is paid from the wallet when the transaction is sent. If the network or asset processing does not require a third party, the user will not be charged.
Bonuses as.exchange
The company offers bonuses, zero commissions for the first 10,000 users and participation in a referral program.
Referral program
In my personal cabinet there is a link to attract referrals. But there are no details about participation and the amount of remuneration.
Zero commission
For the first 10,000 users whose balance exceeds $100, all fees are 0% for 1 year. After one year, the normal fees will apply. Users who sign up later will be charged the regular fee.
Bonuses
The company regularly offers bonuses in real BTC. The site states that you can get up to 10% of the amount as a bonus per deposit.
Complaints about as.exchenge
There are no reviews of the exchange on the Internet yet, although the company has been operating since 2019. If our readers have used the services of as.exchenge, please leave a comment under this review.
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Regulation of crypto exchange As.exchange
As more and more crypto exchanges are opening and cryptocurrencies are becoming more and more popular, it is not surprising that there are scammers among them. To avoid becoming their victim, it is worth to study all the documentation on the company's website and find out if it has a license and who regulates its work.
Regulator
The exchange belongs to the company Alter Securities Limited. There is no information about the license. It is indicated only that the company applied for a patent to the World Intellectual Property Organization for the instrument Tranched Value Securities (TVS). There is a "Legal Information" section on the website, which publishes such documents:
User agreement as.exchange
The exchange site has a "Legal Information" section with a link to the "Terms of Use" of the service. The document describes the requirements for the user, including the age of at least 18 years. It also requires that the client does not use the service for fraudulent activities.
The verification conditions and requirements for the user to keep his or her login data secure on the exchange site are described. If Alter Securities becomes aware of any suspicious activity in a user's account, the team may freeze the account and request additional information, including verification documents. Customers are obligated to comply with security requirements. If a user becomes aware of unauthorized use of their account or password or a breach of the confidentiality agreement, they must notify Alter Securities by emailing: [email protected] Any member who violates such rules is subject to removal from the Exchange's client list and is legally liable to Alter Securities.
There is also information about risks, tax deductions, security guarantees, and intellectual rights.
Customer Service
You can contact technical support through the feedback form on the website of the exchange and in the personal cabinet, as well as through pages on social networks Facebook, Instagram, Twitter.
As.exchange is a scam?
As.exchange - crypto exchange, which since 2019 offers trading and buying BTC and TVS (the company's innovative product). The website of the service is simple and intuitive. But the information is not available about all services and conditions. For example, the terms of participation in the referral program and getting a bonus are not described in detail. Judging by the data published on the site, the company offers safe trading with minimal commissions. There are no reviews about the work of the exchange yet. Therefore, it is difficult to assess objectively whether As.exchange is a scam.
Conclusion
As.exchange - cryptocurrency exchange, where you can buy and sell BTC. The company also developed its own product - TVS. The service has a simple website with the ability to quickly make transactions, regular bonuses and referral program. But there are no reviews yet. If you used the services of the exchange, write your opinion about it below.
Reviews
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