AAX will support deposits and withdrawals of ADA from 23 April and will list the ADA/ USDT spot pair on 27 April.
To celebrate, AAX will be launching a campaign where users can buy ADA with up to 50% discount! Please see the details below.
Discount Period：27 April, 2021, 12pm - 28 April, 2021, 11:59pm (UTC)
Eligibility: Register an AAX account and complete identity verification level 1 (KYC 1)
Discount Quota: The first 1000 users on a first-come-first-serve basis
Discount Format: Discounts are granted in the form of rebates, based on users’ net purchase of ADA on AAX. Rebates are settled in ADA.
Requirements per discount tier:
Maximum rebate amount
An account on AAX with a minimum balance of 1000 AAB during the discount period.
*Please note that at least 1000 AAB must have been purchased by the same user and same account on AAX spot or P2P. AAB received via internal transfer does not count.
200 USDT worth of ADA
Users who have registered an AAX account on or after 21 April, 2021
100 USDT worth of ADA
Other AAX users
50 USDT worth of ADA
During the discount period, User A holds 1000 AAB in the AAX account, purchases 500 ADA and sells 100 ADA. It is assumed that the average 24-hr price of ADA/ USDT is 1.3 USDT.
(500 - 100) ADA x 1.3 USDT x 50% ＝ 260 USDT
The maximum rebate amount is 200 USD for AAB holders, so 200 USD worth of ADA will be rebated.
User B registered an AAX account on 22 April, 2021. During the discount period, User B holds 500 AAB in the AAX account, purchases 200 ADA and sells 100 ADA. It is assumed that the average 24-hr price of ADA/ USDT is 1.3 USDT.
(200 - 100) ADA x 1.3 USDT x 40% ＝ 52 USDT（The actual rebated maximum amount is 52 USDT worth of ADA）
How to participate？
Register an AAX account and complete KYC 1
Hold 1000AAB or buy now (optional）
Deposit USDT into your AAX account
During the discount period, buy ADA on AAX. It is recommended to buy more than 500 USDT worth of ADA to enjoy the maximum discount
Clients who are eligible for the ADA rebates will be notified by email or SMS in 1 working day after the campaign ends. The ADA rebates will be credited into the users’ accounts in 3 working days
Join our AAX Telegram to learn more about the campaign
Terms and conditions：
Campaign participants must complete identity verification level 1 (KYC 1).
The total amount of ADA purchased by participants will be the NET BUY amount of ADA on AAX Spot (Total Buy Amount - Total Sell Amount) from 7 April, 2021, 12pm - 28 April, 2021, 11:59pm (UTC).
Clients who are eligible for the ADA rebates will be notified by email or SMS in 1 working day after the campaign ends. The rebated ADA will be credited into the users’ spot account in 3 working days after the campaign ends.
The ADA to USDT conversion rate for calculating the net buy and rebate amount will be determined based on the 24-hour average price of ADA on 27 April, 2021 (UTC). The exact ADA price is subject to AAX’s final decision.
In the event of any malicious trading activities, market manipulation or wash trades that are detected in relation to a user account, AAX reserves the right to recover and deduct the ADA rewards from the client account where the campaign rewards were credited or from any beneficiary account which AAX, at its sole discretion, determines to be implicated.
AAX reserves the right to vary, extend, terminate and/or cancel this campaign or amend these terms and conditions at any time at its sole discretion without prior notice.
AAX’s decision in relation to any disputes raised by you shall be final.
Visit AAX Fast Buy to buy crypto with local currencies. Purchasing crypto with less than 300 EUR/ USD via ITEZ requires no extra KYC.
Should you have any inquiry, please contact AAX online customer support.