[Teaching Sharing] Experience + Introduce the institutional exchange AAX Exchange!

Hello everyone, in recent months, the price of Bitcoin has continued to rise after breaking through 10,000 US dollars. Many old and new friends have begun to pay attention to this market. As an old leek, I also published an article about how new friends can participate in this market. , and at the same time put forward a few ideas and knowledge that you feel you need to have first.

And this time, I happened to receive an invitation from the AAX exchange to experience their exchange, which made me know this exchange for the first time. It is supported by an institutional-level exchange known as Bakkt in Asia, basically because the trading engine behind it is derived from London. The technical support of the stock exchange (London Stock Exchange Group plc, referred to as LSE or LESG) feels really powerful, so let me share a little bit about the actual use of this exchange!

Before AAX contacted me for this cooperation, I actually didn't know this exchange at first. After all, I have been in the currency circle for a long time. There are too many choices for exchanges, but it may be because I have shared some blockchain and virtual assets before. So they asked me to experience the exchange this time, and I also tried to buy and sell in it. The experience was really good, and the operation interface was quite intuitive, which gave me the motivation to introduce it to you.

Exchange introduction (excerpted from WIKI)

AAX (full name: Atom Asset Exchange) is a digital currency exchange headquartered in Malta, and its technical partner is the London Stock Exchange Group. It is the first digital currency exchange in the world to use the matching engine of the London Stock Exchange Group's Millennium trading platform, and the first exchange to join the London Stock Exchange Group's partner platform.

personal idea

Let me talk about my thoughts on the transaction. The relevant news can be found in several books. This AAX is a technical cooperation with the trading engine of the London Stock Exchange Group. It is said that it can shorten the time delay of matching transactions and can be reduced to less than 500 milliseconds. , although it looks very powerful, I think it has no substantial impact on retail traders, but from another perspective, such technical support represents the ambition of the exchange, which can handle more and faster transaction volume in the future Therefore, I would think that since the exchange has such ambitions and resources, it intends to do a long-term layout operation, which is of course safer for users.

Test experience

First of all, in addition to the web version, AAX Exchange also has exclusive APPs that can be found on Google Play and App Store, so you can complete the registration application through your mobile phone or computer.

1. Register

First of all, if you are a veteran, you don’t need to teach you how to register, but if you are a novice, please remember to complete the registration first. You will receive a verification letter to activate your account after completing the registration information. At the same time, you must also remember to complete the real name. Authentication for the use of fiat currency transactions!

After the completion of the audit, you can start. My certification was full that day, and the certification was completed on the same day!

2. Deposit gold to buy coins

AAX provides two ways of fiat currency transactions, one is through AAX's OTC option, allowing people with digital assets to trade with each other, and the other is a one-click currency purchase that is friendly to novice chickens, through credit cards or various payment methods It can buy basic currencies such as USDT or BTC, and supports the purchase of more than 20 kinds of fiat currencies. In Taiwan, you can directly choose US dollars to swipe your card. Novices are also recommended to buy through this method, because novices generally do not invest a lot of money. , so the part of the exchange difference can basically be ignored a little, and then use it after knowing the OTC!

2. Currency trading

You can buy basic virtual currencies such as USDT and BTC through one-click purchase. If you are a novice, it is recommended to buy USDT. USDT is the so-called digital dollar, which can basically be regarded as US dollars, but if you buy 100USD through one-click purchase, it will Buying around 97 USDT, so there is still a bit of a gap, but when you buy USDT or BTC through fiat currency, you can use it to exchange various digital assets!

A good thing about AAX is that you can see the 30m trading line chart trend in the selection of trading pairs for currency trading. I think this is very convenient, so you can see the most real-time market trend. This function saw the AAB that happened to be rising and got on the bus, and the result was sprayed up and turned. My 100USDT became 130USDT when I finally got off the bus. Although I got off the bus, the AAB continued to rise, but this page is also an investment or a currency to pay attention to. Yes, don't chase too much, no one can really predict the best time to buy low and sell high, as long as there is profit, I think it is good!

3. Contract transactions

Basically, I can only give advice on contract trading, because I myself have been ripped off in contracts, like futures options derived from stocks, etc. The contract trading of virtual currency is a derivative commodity, and its characteristic is that it can be Xiaoboda, in other words, he is a leveraged commodity, but you must also remember that although leveraged commodities have high profits, they also have relatively high risks. When the predictions are different, you need to give enough margin, otherwise, once the margin is not enough, you will be forced to close the position directly, so it is recommended that novices do not touch it, and those who want to challenge are advised to control it by themselves. risk.

5. Video practical teaching

I made an experience teaching myself, it is rough, please forgive me~