5 Reasons I Moved to the AAX Platform other than the 50% ETH Discount

5 Reasons I Moved to the AAX Platform other than the 50% ETH Discount

By wackywriter | Crypto Patrol | 6 Aug 2021


Sure discounts are great and all, but what does it really take to make a sustainable, great exchange?

Wait.

Ethereum 50% discount?! Yes, seriously. But do read on...

 

A well informed investor will always seek to find the best exchange for their trading activity, however, the Crypto industry has only seen more and more of these exchanges popping up so what does it really take to earn my trust?

 

I have been trading for a while now and one of the striking features of Crypto specialist exchanges is the fusion of beautiful and convenient UI paired with a range of investment products... "Your FX broker could never" I claim to my friends who soon become equally amazed with the quality of crypto exchanges.

 

I have recently switched to AAX taking my experience broadly in investment, as it was obvious to me from a month of trialling out its features, that it really is the best one on the market. Sure, it gave me the 110USDT (roughly the same value in USD) bonus to trade with and this is what originally lured me in (after all, who turns down free money), but soon I became attached to 5 distinct features that struck out. This is why I stayed and transferred my crypto to this exchange.

 

1. Excellent User Interface

This one gets a 5/5 rating from me.

Usually for exchange platforms (and this is not a strictly a rule just my own observation) there's a trade-off between a slick user interface and the complexity of the features it offers. When you have both that's how you know its a good platform. This is also the reason why so many platforms offer a simplified and a complex version to trade on.

With AAX, you get the best of both worlds. It took me less than 5 minutes to get comfortable with the layout and soon executed 10 or 15 orders before I knew it. It's phone version is what I use most often and immediately I became fond of it from its retro android style login with a pattern. This immediately removed half of the annoyances I came across other exchanges.

My next worry was to get my reward for sign-up as most of the time, such schemes on other platforms are concealed and promise ease of reward but what you really come across is quite different. However, with AAX, sure enough, click the menu and there it was "bonus". Next to it, and proof of well thought out design, were instructions on how to use the bonus. That was all that was needed- no web browsing, or FAQ searching to get my promised funds.

Then ultimately I found the navigation simple even though there was not a single feature that I could say was obviously missing from other popular exchanges; it was all there- in glorious layout.

 

2. No Commission

You can't get better costs than 0 cost.

This point is most important to high-frequency traders. With this exchange, you get to keep what's yours regardless of if you're committing to 1, 10 or a 100 transactions a day. It's also that straight-forward to explain. Trade with their native token and claim what's yours.

https://support.aax.com/en/articles/5450701

 

3. Great Sign-up Bonus

They wouldn't pay so greatly if they weren't confident in their product.

Okay imagine getting paid not only to sign up but also to inform your friends of a great opportunity. Like I said, free money is free money. With AAX's referral scheme you receive money when you sign up, and money when you refer your friend. I took this free money, upped the leverage (I do not recommend anyone do this without proper information and use of their calculator) and used it to make a risky bet on bitcoin.

...Then I panicked and took it all out to make a wiser decision. Over-leveraging, my friends, will be your downfall.

Regardless there are no excuses to not make money for free but in no way do I advocate Eric Finman's logic : "If you’re not a billionaire’ in 10 years ‘it’s your own fault,’ says 20-year-old bitcoin tycoon" (source: MarketWatch).

All I want to express is you and I are lucky to be early adopters of crypto; my advice is to try and make the most of it. If you don't believe me you can try yourself with their present offer to receive 50USDT rewards on a new sign up. Just use the link at the bottom of this post.

 

4. Handy calculator and tools

Simple to access, and prevented a bad decision on more than one occasion.

Okay, I love this calculator. For any leverage (up to 100x) it can calculate:

  • Expected profit and loss based on open and closing price and number of contracts
  • Closing price based on open price and return on equity
  • Liquidation price based on open price and number of contracts

I cannot express enough how much you, and I, need to be well informed of our decisions in this Crypto market. It is volatile and the last thing I want is a smug over-leveraged FX trader telling me "I told you so".

Please, my friends, do the math, calculate risk and invest responsibly.

 

5. Discounts, Offers and Deals

50% off ETH isn't the only thing in AAX's arsenal.

https://campaign.aax.com/en-US/half-discount/

With schemes such as the predict to win, which is fun and free, you can win up to 5000USDT. Right now I have submitted my prediction for where BTC price is to be on the 31st of August and if any of you want to follow suit mine is 48k (USDT spot). Let me know what you guys think in the comments below!

And regularly check up on AAX's great offers to see where you too can make money- they didn't pay me for this article, I just think I've found my soulmate in terms of exchanges (wow, only a crypto fanatic would say that).

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wackywriter
wackywriter

Economist. Businessman. Avid reader. Writing content for the young, creative, and entrepreneurial.


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