A New Exchange Is Ready To Serve The Crypto Market
By Luke Flowers – Crypto Broker
In all the markets, either traditional or digital, there is always space for new entrants to enhance and widen its scope and availability. Similarly, there are already a good number of exchanges and those trading as a Bitcoin broker such as us at BC Bitcoin for users to gain access to buy and sell cryptocurrency.
A new exchange under the name of AAX was initiated in November 2019. So far, it is reported to be the first exchange powered by LSEG Technology (delivers infrastructure to the London Stock Exchange Group). Their aim is ‘a mission to connect crypto to global finance’ and have planned many different offers like tokenized commodities and indexes as well as the addition of security tokens and social trading programs. This may attract large investors holding Bitcoin but do not know how to sell Bitcoin in the UK.
The CEO of AAX, Thor Chan, considers the Bitcoin halving as a constructive and revolutionary event. He is confident that the crypto market has the potential to expand beyond expectations and reach a true equilibrium in global finance with many hoping to make a Bitcoin investment using traditional financial instruments. You can already buy Bitcoin for an investment over on our platform as well as sell BTC. However, Chan believes tokenization has the potential to tap into gold markets valued at over $8 trillion and even global stock markets valued at $80 trillion.
The company is ready to serve once cryptocurrency becomes more mainstream and has quoted over 50 cryptocurrency pairs. Coins can even be traded with 100x leverage such as Ether (ETH), Bitcoin (BTC), Litecoin (LTC), EOS, and XRP. ‘The faster the better’ is one of the beliefs of AAX for attracting more traders into crypto buying and new people into buying crypto.