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Monday, May 23, 2022

Aex Cryptocurrency Exchange Review: It is Good Or Bad Review 2021

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About Aex

Founded in 2013, Aex is a global digital asset trading service platform dedicated to building a trustworthy digital asset bank for millions of users. Since its establishment, AEX has held the principle of neutrality and do not be evil, advocates safe investment and stable value-added. This is largely due to the exchange allowing traders to stay anonymous and not requiring them to submit any KYC (know your customer) information or banking information. The exchange does not follow any regulatory compliance, but this is understandable because the exchange is so new and there are very few cryptocurrency exchanges in the industry that become regulated.

The AEX exchange is said to be associated with btc38.com as their CEO is the same for both. This association is not a good thing, however, as btc38.com has many known issues and red flags associated with them. Never the less, AEX has gained substantial popularity from Chinese traders and has an average daily trading volume of $25 million according to coinmarketcap.com. The cryptocurrency exchange hosts a wide variety of cryptocurrency assets and ICOs available for trade.

ExchangeDetails
Exchange NameAex
Exchange TypeCryptocurrency
LangugaeEnglish
Deposit Methodwire transfer and credit cards
 Trading Fee0.10%
Withdraw Fee0.0005 BTC
Support24/7
 Top CountryIndia
Website Homepage

How To Sign Up & Start Trading

You Sign Up For A User Account By Providing Basic Information.

On Every Exchange You Will Get Option For Sign Up Or Create Account . Just Fill Some Basic Details Like Name , Email , Password , Security Question Etc For Registration . It Is First Step To Start Trading On Any Exchange

You Then Receive An E-mail In Your Mailbox To Activate Your Account.

Before You Can Login, You Must Active Your Account With The Code Sent To Your Email Address.Then You Will See A Message That Your Financial Account Is Activated And Ready To Go. This Means That You Can Log In And Start Trading In Cryptocurrency.

Identity Verification

For Successful Verification You Will Need Identity Documents. For Example, You Can Use A Driver’s License Or Passport, Where The Name Is Duplicated In Latin Letters.Confirmation Of Identity On Exchange Is An Optional Step. The Procedure Must Be Completed Only If You Want To Remove The Restrictions Of Btc On Deposit Or Withdrawal Of Funds Per Day.

AEX Trading Fees

The fees at Aex are what we call flat fees, meaning that makers and takers are charged the same fee. AEX’s fees are very low, sitting at 0.10% for both takers and makers. This is below the industry average, which has historically been around 0.25%. Today, however, we see more and more exchanges moving towards even lower trading fees such as 0.10%. So in comparison with this, 0.10% is in line with – and not below – industry average.

AEX Withdrawal Fees

Aex withdrawal fee is 0.0005 BTC per BTC-withdrawal. This fee is a bit below the industry average. The global industry average BTC-withdrawal fee 0.0008 BTC per BTC-withdrawal. But today, they see more and more exchanges charging 0.0005 BTC per BTC-withdrawal, so one could argue that 0.0005 BTC is starting to become the new industry average.

Deposit Methods

AEX accepts deposits through both wire transfer and credit cards. Many crypto investors view this as very positive.  One should generally look out for the different deposit fees charged by exchanges for deposit of fiat currencies via wire transfer or credit cards, and whereas it might be indifferent to you whether you should deposit via wire transfer or credit card, it might be very different fees. Some exchanges charge a deposit fee of up to 11% for credit cards deposits.

Trade

Spot Trading

Aex professional crypto review system provides you with high-quality projects to meet your multiple investment needs.

Futures

They support multiple cryptos futures, and you can experience our futures function in simulation mode to understand the trading rules without risk.

ASwap

Convenient trading, no need to wait to take orders, you can trade at any time. Super-high returns such as first-mining rewards are waiting for you.

Finance

AEX Loan

Aex Support 30+ cryptos, longest 360-day loan periods, ultra-low interest rate and never liquidate functions.

Financial Saving Products

High-quality cryptos with super high and stable estimate returns. You can invest cryptos with an ultra-low threshold, and the debt can be transferred to others.

Installment

Buy cryptos by monthly installment with an ultra-low down payment. Help you to lock the cryptos price and hold cryptos easily.

Digital Assets Bank in Pocket

Aex world’s leading digital asset commercial bank is committed to providing digital asset management services to millions of users.

AEX Advantage

Transparent operation

AEX always adheres to the principle of neutrality and no evil, and the flow of funds on the platform is transparent. At present, reserve certificates for five currencies: ATOM, DASH, VSYS, XTZ, and XZC have been launched. All business data will be made transparent. For spot trading, OTC trading, financial saving products, loan treasures, computing power treasures, etc. Exclusive asset management positions are established to carry out transparency work.

Security

2Since its establishment in 2013, AEX has always maintained 0 serious system security incidents, with 7 years of industry technology precipitation, always guarding the safety of user assets. Existing risk control measures include isolation of hot and cold wallets, strict implementation of network production, research and production isolation, regular professional anti-penetration testing, access isolation for specific codes, and early warning of abnormal changes in intelligent analysis systems.

Keen market service

The Aex team always maintains a keen market observation ability, can quickly and timely feedback market needs, and introduces new major investment currencies and derivative services, including DeFi sector, NFT sector, DOT ecology, DAO, DeFi Vault Pool Mining, ETH Joint mining, etc. Before the market hotspot has fully exploded, it provides many users with the opportunity to seize the bonus.

Exchange with 8 years

Founded in 2013, AEX is the world’s leading digital asset commercial bank, dedicated to providing digital asset management services to millions of users. The core team of the platform is composed of senior executives from Tencent and Cheetah, and has independent trading business and operation centers in the United Kingdom, Singapore, Japan, Hong Kong and other countries and regions.

Customer Support

As most of the FAQs are available only in Chinese, it makes it very difficult for non-Chinese speakers to have their questions answered. Aex must focus on improving the readability of the website if they are inviting users from across the world. The translations also lack in some areas, which again is an issue. They do not have a live-chat system for users across the world, nor do they offer a phone line. They do have a ticket-raising platform, which takes some time to solve your grievances. All in all, their customer service isn’t great.

Aex Cryptocurrency Exchange Review

6.9

CURRENCY VERITY

6.5/10

CUSTOMER FEEDBACK

7.0/10

CUSTOMER SUPPORT

6.5/10

Design

7.5/10

Pros

  • Very low trading fees
  • Two trading platforms available

Cons

  • No fiat currencies supported
  • Not a regulated exchange
  • Negative reputation
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