Yet another government official is waking up to Bitcoin’s significance beyond its role as an asset. Rand Paul – Republican senator and well-known libertarian – recently questioned whether “cryptocurrency” could become the world reserve currency. As Bitcoin gains traction and legitimacy around the world, this reality grows ever-more plausible. Weakening Trust in Government Money Rand Paul aired his thoughts in an interview with Axios on Friday. The senator surmised that as trust in government decreases, “cryptocurrency” could “actually become the…
AOFEX is a blockchain-based exchange and ecosystem. The network provides crypto traders with the ability to effortlessly trade, stake, mine, and more. AOFEX entered the market intending to provide a more transparent and regulated option. As such, the platform received its MSB license for digital currency trading from US regulators. Today, it seeks to become a vital bridge for institutional investors seeking to gain exposure to the digital economy.
AOFEX operates as a centralized exchange that offers low fees and a simplistic interface. The network boasts +1,600,000 registered users and 337,500 daily users. Consequently, the exchange enjoys deep liquidity. The network has over $450,000,000 in average daily trading volume.
What Problems Does AOFEX Attempt to Fix?
AOFEX alleviates several problems faced by the average crypto investor. For one, it enables investors to avoid centralization. Platforms such as Coinbase and Binance continue to focus their networks on gaining control over the market. Users end up paying higher fees and get less selection as a result of these efforts.
AOFEX users enjoy all the best features found in these platforms and more. The network is structured to provide scalability and security without sacrificing responsiveness. AOFEX traders can monitor their investments in real-time to stay ahead of the curve.
Security was a major concern for developers. As a result, the system integrates a risk reserve mechanism and various proprietary control systems to keep your digital assets secure.
Personal Account Security
Users can rest assured that their cryptocurrency is safe when trading on AOFEX. The developers have integrated enterprise-level security protocol to keep your digital assets protected. For example, the platform supports 2FA, hot, and cold wallets. The system also leverages a two database authentication protocol.
AOFEX has taken the initiative to prevent money laundering on the platform. The firm created a special anti-money laundering team to investigate unusual activity. Notably, AOFEX was among the first exchanges to integrate the Vivo detection system to verify fiat currency traders. As a result, the network continually stays ahead of the curve in terms of regulatory compliance.
The AOFEX ecosystem includes a lot of cool features and benefits that make it popular among investors. For one, the network includes a nice selection of cryptocurrencies and features. The network currently supports +430 trading pairs. As such, you can find all the top-performing projects such as BTC, EOS, ETH, and more.
AOFEX users can navigate through the features of the platform using the dashboard. This interface enables anyone to use the exchange, trade options, margin, and earn using DeFi functions. Furthermore, the design of the interface is simplistic. In this way, the developers removed the technical boundaries associated with crypto investing and DeFi in 2021.
The exchange is the main feature of the AOFEX network. This secure protocol provides traders with a variety of helpful charting tools to monitor the market trends. Exchanges complete in near real-time, and the fees are less than other major CEXs like Coinbase Pro. You can find the top projects and deep liquidity using this network.
The CEX supports the top trading features such as limit and market buys and sells. The exchange also supports derivatives trading and a host of advanced features that set the network apart. Here are some of the top features the exchange supports.
Professional traders are sure to enjoy the margin trading options. These traders can use margins to borrow funds and strengthen their position. Notably, this feature enables traders to open short or long positions based on market conditions.
Another advanced feature that can’t be overlooked is the network’s perpetual swap services. As a result, users can gain major leverage when trading BTC, ETH, and EOS. Additionally, users can open long swaps or short swaps to earn high returns. Uniquely, the exchange supports a 1000x margin on perpetual swaps.
AOFEX supports trading options and other derivatives. Specifically, the network supports BTC/USDT, ETH/USDT, EOS/USDT, BCHABC/USDT, BSV/USDT, and ETC/USDT options. The contract times for these options vary from 5M, 15M, 30M, 1H, and 1D, respectively. You can also set your option to recalculate weight based on certain factors.
AOFEX recently made the jump into the DeFi sector. The network now supports a host of DeFi features that are designed to improve your ROIs. Specifically, the network supports maker mining, ETH 2.0 staking, and more. There is also support for subscription staking services.
Staking is one of the top DeFi features available today. Investors gain a lot from staking because it is less labor-intensive than trading. You don’t need to spend hours monitoring the markets, and your ROIs are more consistent. As such, staking has become a standard feature on DeFi platforms. AOFEX supports multiple staking types.
Investors gain access to a variety of powerful indexes using the fund feature. Interestingly, the fund option was jointly created by AOFEX and ICFM. Here, users can scroll through a variety of popular indexes. In addition, these funds list their APRs and everything you need to make an informed investment decision. Diversify your portfolio in minutes using this feature.
History of AOFEX
AOFEX entered the market in 2018. The platform is London-based but has headquarters located throughout the world. The Asian pacific headquarters in Singapore has received multiple licenses to provide services to the public. Specifically, in Feb 2020, the exchange obtained an MSB license.
AOFEX – An Advanced Exchange Ecosystem that Includes Top DeFi Features
AOFEX has a combination of features that makes it unique in the market. The perpetual swaps leverage is among the highest in the market. Additionally, the deep liquidity of the exchange ensures that you always complete your trades promptly. You can expect to hear a lot more from this project as traders continue to migrate to the platform to take advantage of its features.
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