Recently, spot trading is a blockchain finance scenario with the lowest threshold and the largest number of users. Whether purchasing certain cryptocurrencies or selling off them, you need to implement in the spot trading, which is the most common and the most basic trading matchmaking scenario in exchange.
Spot trading, by definition, is the process of trading actual cryptocurrencies, using one of the cryptocurrencies(such as USDT) as the conversion medium to purchase other cryptocurrencies. Spot trading usually facilitates the trade in accordance with price first and time first.
Why Need Spot Trading?
Put simply, the reason is that users can not directly purchase cryptocurrencies using legal tenders. Blockchain finance is still in the early stage, and exchanges don't tap into traditional finance institutions(such as banks). If you want to trade cryptocurrency, it will not have a direct channel to settle. Users are unable to exchange into actual revenue in time when making a profit(Maybe have depreciated before selling); Users are unable to avoid asset loss when expected to fall down.
The loss of charge unit prevents cryptocurrency liquidity but brings out stablecoins (such as USDT, DAI). The stablecoin is one end (basis end) of the spot trading, while another end is various digital assets. The cryptocurrency with high consensus(such as BTC, ETH), of course, can also be the basis end in spot trading.
Novices without digital assets will exchange legal tenders into stablecoins （or BTC）to buy cryptocurrencies in the legal tender trading zone. Conversely, you could also exchange your cryptos into fiat money in this zone.
AEX Spot Trading
By July 16, 2021, AEX has opened 4 trading sequences of USDT, USDC, CNC, and BTC, releasing 296 cryptocurrencies and launching 314 trading pairs. And it divides into five zones in accordance with cryptocurrency liquidity, price stability, study foreground, etc.
l Mainstream currency. All mainstream exchanges issue these cryptocurrencies with good liquidity, such as BTC, ETH, LTC, etc.
l platform currency. Issued by mainstream exchanges, such as BNB(Binance), HT(Huobi), GAT(AEX), etc.
l Innovative new currency. Such as NSS, TYT, etc.
l Potential currency. the early project with a great prospect, but the price may fluctuate violently. Such as TLM, ICP, ect.
l Low liquidity currency. Based on the liquidity to put them into other boards if needed.
How Does AEX Help Users Achieve "Safe Investment, Stable Value-added"
In the field of digital assets with low popularity, if users(especially novices) want to achieve maximum return with a minimum degrees of risk, exchanges need to matter a lot.
Currency grading clarifies risk. On the one hand, AEX grade currency to minimize the risk of investment for users. On the other hand, the currency operator also makes considerate operation in order to add the currency value.
Identification clarifies investment direction. AEX identifies the currency base on the development status, dividing cryptocurrency accurately, such as NFT, Greyscale, DeFi, BSC, etc. Users are able to position the investment module and choose eligible currency.
Insist prospect currency strategy, respectable revenue for users. AEX never happens serious system and asset accidents, which represent that we not only possess a complete technology, but also benefit from our quality control for cryptocurrencies. As the projects with a mass of users make a quick exit or the value of cryptocurrency goes to zero, which would cause a wide and fatal consequence, that is why AEX has only less than 300 issued currency. AEX first introduced DOGE, Ripple, BTC, NEM, Stellar, etc, with some rising over million times.
With the development of blockchain technology and the maturity of cryptocurrency industry, more and more people will start their spot trading travel. AEX also hope that users implement safe investment and stable value-added in spot trading.
Blockchain Finance Module---Spot Trading：https://www.aex.com/page/m_regist.html#/?from=060cf5
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