Hello friends,
When I first look at the topic of the Steem Crypto Challenge this week, I am sure most of you would have the name 'Binance' pops up in your mind.

It's inevitable, right? Who in the crypto space doesn't know Binance offers deep liquidity and comprehensive, sophisticated products for cryptocurrency traders, and the fact that they have the largest number of traders among all crypto exchanges.

However, today I am not talking about Binance, that would be too predictable, right? And the exchange I am going to talk about is - AAX

If you want to register an AAX account, you can register via my link and enjoy 10% off trading fees:
https://www.aax.com/invite/sign-up?inviteCode=Mj7WEU9QgLm2

Maybe most of you have not heard about this exchange, AAX is a newly established cryptocurrency exchange which offers crypto spot and derivatives trading. Its headquarter is in Hong Kong and it is the first crypto exchange using the LSEG Technology’s Millennium Exchange, and that can even be found on London Stock Exchange Official Website:
https://www.lseg.com/markets-products-and-services/technology/lseg-partner-platform/aax

Why I love AAX? The reason is very simple,

it is simply because it's easier to earn money here!

It offers a very competitive trading fees and lots of promotion events readily available. With its Reward Hub, you can enjoy a ZERO trading fee for the first hundreds of thousands volume.

SIMPLE & CLEAN UI for mobile app

AAX app has a simple UI that makes your trading experience very simple and smooth. You can easily know how much you earn or lose today. Binance now has too many different products and it can easily get crypto beginners confused. It is super easy to trade spot or futures here

Zero trading fees after you use the Reward Hub

On AAX, there is a function called AAX Grand Stadium, and you can get free AAB(which is used for 100% deducting trading fees) by completing simple tasks here. The tasks will be renewed every month. It is very easy to get like 300 AAB here, and it can be used to trade a volume of $100,000+ for free each month.

Why it is so appealing? Actually we can do some maths here, Binance is now charging 0.1% fees for their spot market. Let's assume we trade with BTC/ USDT market, we need to earn more than

$11300 x 0.01% x 2 = $22.6

to just BREAK EVEN. But on AAX, you only need to consider the price you sell and buy, and the difference will be all yours. With the trading competitions here, you can even EARN MORE!

Trading Competitions

On Binance, there are too many users and it became really really hard to win any prizes in a trading competition. However, it is not the case on AAX. They organise SPOT and FUTURES competitions every 15 days, and just $10,000 volume is needed to share the prize pool. I won hundreds of USDT here just by trading normally as I was, and it was pretty amazing.

AAB Flash Sales

AAX has a platform token called AAB and they are currently having a flash sales event for their platform tokens. There are 500 quota for 1000AAB(~400 USD) each time and it is usually sold out in several minutes. The most exciting part is that there is 50% chance to get them free. (there is a 15-day lock-up and some simple tasks after you win the tokens) If you don't get the free tokens, you can just sell them(and in most cases you would still earn some little money)

and the NEXT one is tomorrow!!

Awesome Interest rates for idle crypto

They offer a very appealing for BTC and their platform token AAB, and it is in flexible term, and calculated every hour. Other platforms like Celsius, BlockFi and Crypto.com also offer high interest, but here you can easily get it out and trade with your BTC, so it makes it the perfect place to trade with BTC/USDT SPOT market here.

ONE more reason! Steem is not listed here yet

I am very interested in getting Steem listed there, and I have reached out to their team members and know that they welcome crypto projects that has a nice community base, so may be one day we can trade STEEM here and enjoy free trading.