The retail volume of AAX increases by 140 % in the last three months of 2021
The retail volume of AAX increases by 140 % in the last three months of 2021
The commitment of the platform to make crypto accessible to everyone has played a crucial role in helping the stock exchange to be significant growth since its introduction. In 2021, AAX reached several new milestones that underline its growing dominance as the first point of contact for private investors.
due to its long list of services and affordable fees, AAX has developed into one of the preferred platforms for institutional and private investors alike. AAX not only occupies the leading position in the industry by implementing the Satoshi Standard (SATS) to further advance Bitcoin's mainstream acceptance, but is also the first crypto exchange based on LSEG technology. The same technology stack underpins stock trading at London Stock Exchange, the Singapore Stock Exchange, the Johannesburg Stock Exchange and the Borsa Italiana.
deregistration 2021 with fresh records
The latest achievement for AAX is the parabolic growth of retail volume in the fourth quarter of 2021. A flood of new registrations helped the platform to break all previous records, which led to an increase in retail volume by 140 % compared to the q3 registered in Q3 Commercial volume.
In the fourth quarter, AAX expanded its range of offers for all investors and added new trading pairs, including popular token such as Animoca Brands. The platform currently offers its users the opportunity to trade more than 150 cryptocurrency couples and over 130 coins in addition to the latest security standards.
A newly published report by Coingecko confirms that AAX's growth was outside of the charts in the fourth quarter, whereby the daily 24-hour trade volume of the platform was $ 1 billion in the reporting period. The data also showed that the retail trade volume of AAX has increased by 140 % in the last three months of the year. AAX also acquired more than 200,000 new user registrations and an increase in its social media followers by 150%. At the same time, the unique visits also rose on the AAX website, with the platform registering more than 2 million unique visitors per month. In addition, the data from Coingecko also points out that Solana (Sol), Bitcoin (BTC), Ethereum (Eth), Polygon (Matic) and Shiba Inu (Shib) were the most traded tokens during this time. For the latest results, Ben Caselin, Head of Research and Strategy at AAX: over the past year, when we experienced the spread of Bitcoin and a growth explosion around NFTS and Gamefi, AAX was able to win considerably more market shares as a portal and hub in this new investment arena. In the future, while we are expanding worldwide, we want to be a "platform to listen" that acts in the middle of society. He adds: "While in 2021 everything revolved around institutional acceptance, the market is set to a retail frenzy that will lead to Krypto reaching a new level of mainstream acceptance, whereby both Bitcoin and other important crypto-assets will reach new all-time highs this year. prepares aax. "
Source: Crypto-news-flash.com
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