AAX is the Next Generation Digital Asset Exchange
Powered by London Stock Exchange Group’s LSEG Technology, AAX offers spot, futures and over-the-counter trading across 50+ crypto-to-crypto pairs, perpetual contracts, and fiat on and off ramps. Over the coming months we will roll out new financial products that offer unique ways of engaging crypto and crossover markets, and AAX’s native exchange token, AAB, will provide access to these markets, and enable token holders to take part in the growth of the industry. Serving as a bridge between crypto and global finance, AAB is a form of digital umami that brings that hard-to-define, but distinct extra dimension to trading with AAX. The token offers: ▪ A multi-tiered discount scheme Settling trading fees with AAB is rewarded with a 20% discount, and a further discount is granted in proportion to how much AAB clients hold relative to their overall portfolio. ▪ Optimized wealth management AAB will be used in special promotions that make lending, borrowing, staking, and saving, even more attractive. ▪ Platform upgrades AAB can be used to unlock exclusive services and facilities, trading bots and trading signals, and other premium offerings. ▪ Pioneer program AAB will be the key token to gain access to AAX’s pioneering financial products and programs, including index derivatives, tokenized commodities, security tokens, and social trading schemes. A total of 50 million AAB will be gradually released to the market, with 20% made available for public sale in a series of discounted flash sale rounds. To purchase AAB at a discount, traders will have to subscribe. Over the course of two rounds, starting from the 14th of April, 2020, 1 million AAB will be offered at a 50% discount. Based on a lucky draw, half of all buyers will get their deposits back and keep their AAB for free. Join us in our journey to unlock the potential of digital assets at https://aab.aax.com/en/ |
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October 2020
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