• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews
Bitcoinist.com
No Result
View All Result
singapore open to crypto
Nexo

AAX to make a foray into the Lion City, welcomes Singapore users

Bitcoinist by Bitcoinist
1 year ago
in Press releases
0
Advertisement

Singapore, February Feb 8, 2021 — Cryptocurrency exchange AAX opens its doors to Singapore users after being granted the Monetary Authority of Singapore (MAS) Exemption of Provision of Digital Payment Token Services last year. The exchange has submitted its license application to the MAS and is committed to setting up a dedicated Singapore fiat to cryptocurrency platform supporting key cryptocurrencies such as BTC, ETH, BCH, LTC, and other key cryptocurrencies, with SGD exclusively for Singapore users. The exchange also plans to build a local presence in Singapore with key functions such as compliance, marketing, treasury & account management.   


In catering to both retail and institutional investors, AAX is known for operating LSEG Technology’s Millennium Exchange, the same matching engine that powers London Stock Exchange. In December 2020,  the crypto platform introduced Singapore Dollars (SGD) fiat on- and off-ramps for traders along with 10 other global fiat currencies. 

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

“Singapore is really at the forefront of financial innovation, considering its position as one of the main business hubs in the Asia Pacific and its forward-looking approach to regulation,” says Thor Chan, CEO of AAX. 

In January, fiat purchases of cryptocurrency on the platform surpassed November’s figure within the first five days of January, with $1.5 million worth of digital assets added to portfolios.

After just one year in business, AAX has gained 500,000 users globally and has ranked in the top 5 on TokenInsight’s liquidity ranking. 

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

“Operating out of Singapore is an important strategic move for accessing global capital. With the expansion of our team in Singapore, the provision of our FIX connectivity, we are expecting 10x growth in trade volume in 2021, as well as funds and family offices onboarding.”

About AAX

AAX is a deep-liquidity and deeply trusted cryptocurrency exchange that is favored by more than half a million users. Powered by London Stock Exchange’s LSEG Technology, AAX offers crypto futures contracts, 50+ spot pairs, P2P fiat trading, savings products, and top-grade API connectivity. AAX enables users to buy bitcoin easily via its OTC or Fast Buy platforms and supports over 20 fiat currencies.


Disclaimer: The information presented here does not constitute investment advice or an offer to invest. The statements, views, and opinions expressed in this article are solely those of the author/company and do not represent those of Bitcoinist. We strongly advise our readers to DYOR before investing in any cryptocurrency, blockchain project, or ICO, particularly those that guarantee profits. Furthermore, Bitcoinist does not guarantee or imply that the cryptocurrencies or projects published are legal in any specific reader’s location. It is the reader’s responsibility to know the laws regarding cryptocurrencies and ICOs in his or her country.

What is the best crypto casino in July 2022? Read our comprehensive comparison! We made deposits, played and reviewed 80+ crypto casinos to choose the best one.

 

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Related Posts

Next Block Expo Is Aiming to Become the Biggest Blockchain Festival in Europe

Next Block Expo Is Aiming to Become the Biggest Blockchain Festival in Europe

11 hours ago
Crypto Survey Results Show High Levels of User Confidence

Crypto Survey Results Show High Levels of User Confidence

12 hours ago
Uniglo (GLO) Is A New Project Built On Ethereum (ETH) Network That Combines The Best Of Maker (MKR) And Curve DAO (CRV)

Uniglo (GLO) Is A New Project Built On Ethereum (ETH) Network That Combines The Best Of Maker (MKR) And Curve DAO (CRV)

14 hours ago
Microsoft Gives Grant To Blockchain-Based Web3 Game StarHeroes As Historic Partnership Gets Underway

Microsoft Gives Grant To Blockchain-Based Web3 Game StarHeroes As Historic Partnership Gets Underway

14 hours ago
New Meme Coin Tamadoge Raises over $1,000,000 in Weeks

New Meme Coin Tamadoge Raises over $1,000,000 in Weeks

14 hours ago
LBank Weekly Listing Report, 8th August 2022

LBank Weekly Listing Report, 8th August 2022

15 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.