AAX Exchange lists ANY, CRO, and SOS

AAX will offer deposit and withdrawal services for the following cryptocurrencies at 09:00 am (UTC) on January 5, 2021:

• Anyswap (ANY)
• Crypto.com Coin (CRO)
• OpenDAO (SOS)

What is ANY?

Anyswap is an entirely distributed protocol that was launched in July 2020 to enable tokens to be swapped from various platforms. It’s one of a number of networks that have entered the DeFi space to facilitate cross-token swaps and trading.

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The system obtains its strength from its ECDSA Signature Support. Backed by Fusion’s Decentralized Control Rights Management (DRCM) technology, Anyswap is able to better manage the flow of movement of tokens between blockchains.

The Fusion Network uses a process known as private key sharding to guarantee assets are safe. The different parts of the private key are never combined during transfers or trading to boost security.

What is CRO?

Crypto.com Coin (CRO) is the native cryptocurrency token of Crypto.com Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.

Crypto.com Chain is designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data, and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.

What is SOS?

The native token of OpenDAO is a way to pay tribute, protect and promote the non-fungible token (NFT) industry and those who are part of it. SOS serves as a way to compensate verified OpenSea scam victims, support emerging artists and NFT communities and art preservation, and offer a grant to developers to enhance the $SOS ecosystem.

The functionality outlined above serves as a mechanism to award OpenSea users and bring more positive attention to the NFT industry. In addition, rewarding victims of scams ensures the $SOS token can benefit from broader distribution and provides some relief to those who have lost money due to such incidents.

AAX adds three spot trading pairs

At 09:00 am (UTC) on January 6, 2021, AAX will add the ANY/USDT, CRO/USDT, and SOS/USDT trading pairs. Using LSEG Technology, AAX is able to match orders with ultra-low latency for the ultimate trading experience. The exchange is CCSS-compliant, ensuring the safety of funds and client data.

Deep liquidity

AAX allows users to trade futures with leverage with maximum efficiency and minimal slippage. It features a wide range of order systems and trading tools for risk management.

About AAX Exchange

AAX is the first cryptocurrency and digital asset exchange to be powered by LSEG Technology’s Millennium Exchange matching engine and the first exchange to join London Stock Exchange Group’s ‘Partner Platform’. It is available on website, mobile app, API and FIX.