Crypto

Crypto exchange AAX to support 11 global currencies for deposit and withdrawal

Crypto Exchange AAX supports 11 global currencies for deposit and withdrawal

To facilitate user access to cryptocurrencies, the powerful AAX Crypto Exchange platform will support 11 different fiat currencies for direct deposit and withdrawal via wire transfer as of December 2020. Supported currencies are Australian Dollar (AUD), Canadian Dollar (CAD), Chinese Yuan (CNH), Swiss Franc (CHF), Euro (EUR), British Pounds (GBP), Hong Kong Dollar (HKD), New Zealand Dollar (NZD), Singapore Dollar (SGD) and US Dollar (USD).

With the Bitcoin price reaching new highs recently, the cryptocentric currency has become significantly more popular among investors. However, the threshold for users to buy cryptocurrency with fiat or cash out is relatively high compared to traditional stock markets. AAX is here to offer investors easy access. Users can now deposit and withdraw fiat to and from their personal bank account.

AAX’s multi-account wallet structure now supports not only the holding of fiat currencies, but also instant swaps between fiat currencies and USDT.

Instant swaps support converting BTC, ETH, EOS, NEO and USDT to selected fiat currencies, meaning that users do not have to sell the crypto on the spot market to USDT, and exchange the USDT for USDT, followed by exchanging foreign currencies if necessary. Three steps are combined into one for a seamless user experience on AAX.

Interested parties can learn more about an AAX fiat account here.

Published on Thu, 10 Dec 2020 04:30:29 +0000