In 2013, Bit World Investments established the AEX cryptocurrency exchange. Over time, it has developed into one of the most renowned crypto brokers worldwide. Initially, AEX functioned as a transaction matchmaker but it is now a global crypto-management company. The platform aims to provide stable asset growth and secure investments to its users.
The AEX exchange has a straightforward registration process, not requiring any compliance with regulations or complicated KYC procedures for trading. Furthermore, it is supported in over 150 countries worldwide.
Markets
There are over 300 AEX trading pairs available on the platform, with the only market available being the USDT market. The AEX spot trading feature is used by all users to perform their trades, as the platform does not support margin and leveraged trading.
Additionally, the platform has the ASwap feature. It is primarily a feature that provides quick exchanges of digital assets and unrestricted mining operations. Additionally, the customizable slippage limit makes it attractive to users. The AEX exchange fee for this feature is 0.3% of the amount of crypto to be swapped.
AEX crypto fees for withdrawals differ depending on the cryptocurrency. For example, you would pay an AEX crypto price of 0.0005 BTC in withdrawal costs if you were taking out Bitcoin, 0.008 ETH for Ethereum, and 0.5% of the total amount withdrawn as a fee when withdrawing Ripple. Different wallets may also charge different deposit fees. However, there are discounts available under certain conditions.
AEX crypto exchange charges the same amount of fees to both makers and takers. This platform has one of the lowest fees compared to other exchanges, with a 0.10% price per trade for takers and makers alike. However, this flat rate is offset by high withdrawal costs. Furthermore, it does not permit the use of any fiat currency. All deposits and withdrawals must be made through a wallet-to-wallet transfer using cryptocurrency.
Other Services
AEX offers a referral program for traders to gain additional passive income. Through this, individuals can send out invitations through their networks and receive compensation when the people they refer sign up and start trading. These rewards come in the form of the Trading Commission, ASwap Commission, Saving Commission, Staking Commission as well as Pledge Lending Commission.
AEX cryptocurrency exchange also offers a type of cryptocurrency derivative known as Perpetual Swaps. By taking either long or short positions depending on your own assessment, you can gain from the rising and falling values of digital currencies. This form of investing involves considerable risks and requires a great deal of expertise.
Furthermore, the platform provides the chance for staking with its digital asset bank, as well as a seven-tier risk management structure plus a 100% security guarantee fund. They assert to give up to 24% of expected profit and also propose Initial Lock Offerings.
Additionally, the DeFi machine gun pool utilizes contracts to pick the most effective arbitrage route among multiple DeFi projects on Ethereum, giving users greater returns than taking part in liquidity mining individually.
Moreover, the AEX crypto exchange provides two mortgage solutions – AEX Loan and C2C Loan services. With the latter, users can borrow or invest in cryptocurrency without any charges. Investors stand to make profits from bidding on ads. Borrowers may select their desired interest rate, control the number of funds they are borrowing, and pick a loan period that suits them best.
Finally, the exchange provides a specialized platform for Ethereum mining, where traders can gain rewards with just 0.1 ETH invested. Also, it offers flexible withdrawal and extra passive income. Joining this mining pool is easy: firstly, users must switch ETH to ETH2 on the platform to get interest revenue through holding positions. Additionally, they can take part in the ETH-ETH2 liquidity market-making in ASwap to earn GAT mining bonuses. Furthermore, all participants of the liquidity pool are able to benefit from fee income as well as iPhone or USDT prizes if they rank amongst the top ten users.
About the Company
As previously mentioned, the AEX exchange was founded by Bit World Investment Limited. The company is registered in Seychelles. However, it also has offices in the UK, Singapore, Japan, and Hong Kong. Details about the founders and the management of Bit World Investment are scarce online but from all indications, the team is made up of experienced individuals in finance, cryptocurrency, blockchain, and other related fields. Some members of the core team worked at multinational companies such as Tencent and Cheetah Mobile before moving to the AEX cryptocurrency exchange.
As of February 2023, the AEX trade volume ranged around $6 million. Check out the chart above to see the current AEX volume.
