AEX (www.aex.com) is a global and professional Digital Asset Exchange Platform. Including informations, exchange and financial services. It also provides Digital Asset Exchange and Blockchain technology services. It is operated by Bit World Investments Limited. Through the professional management team, strict capital management system and considerate service, Since its establishment in 2017, we have gained a good reputation in the industry.
AEX is oriented mainly towards the Chinese market. On the surface, the company offers very good trading conditions, but there are a lot of suspicious factors when it comes to their credibility. At the time of writing of this review, they are only 4 months old and still have to prove themselves.
AEX is what you would call an altcoin exchange due to their extensive list of cryptocurrency trading pairs. Unfortunately, AEX does not support any fiat currencies but do support many other markets to exchange cryptos. The cryptocurrencies they feature can be traded in six different markets; Bitcoin (BTC), Ethereum (ETH), Bitshares (BTS), (CNC), Tether (USDT), and (BitCNY) which is like Tether but pegged to the Chinese Yuan opposed to the US Dollar. The cryptocurrencies offered by AEX includes all of the most popular coins that are in the top 20-50 in terms of market capitalization. As well, they feature some newer and more exotic altcoins including ICO coins. As well, the exchange features new coins all the time in which users can vote on to get them listed.
Users of the AEX exchange are all treated fairly and are not required to provide the exchange with any personal or banking information. All a user needs to create an account is a valid email address and a strong password. Users can make their account more secure by enabling two-factor authentication techniques, but other than that, there are no other security measures mentioned. We are a bit hesitant on the security of this exchange because of their association with btc38.com which was hacked in 2016 with $1.5 million worth of cryptocurrencies stolen. However, this doesn’t necessarily mean that AEX implements the same security measures and the exchange has so far produced a good track record with no reported hacks.
AEX is a cryptocurrency exchange, which provides little information about itself. We are not certain of their base of operation, while they have a serious focus on China. The low costs of trading, when combined with the plethora of bonus offers are the main attraction of this exchange. That being said, there are a lot of negative user comments about the exchange. The combination of these factors leads us to believe this is a rather shady website.
On the other hand, the world of crypto in general is still a bit like the Wild West. In order to get a higher level of security one should take a closer look at the forex brokers offering CFDs. Some of them are also not very trustworthy, but there are highly regulated companies, which will never steal your funds. Check the list below.
|Rank||Site||Margin trading||Fiat||Safety||API||Referral||Location||Languages||Buy with||User Vote||Score|
|1||A||San Francisco, USA||EN||bank transfer, card|
|3||A||No||Hong Kong||EN||EUR, USD|
|4||No||A||Europe||EN, CZ, SK||USD, EUR|
|5||A||No||San Francisco, California, United States||EN||USD, EUR, JPY, CAD|