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Introducing the AAX Reward Hub

Introducing the AAX Reward Hub

Explainers AAX

17 Sep 2020

AAX has created a reward hub that allows users to earn AAB tokens for free. In this article, we explain how the reward hub works, how to claim rewards and use them.

For most traders, cryptocurrency exchanges have become part of our lives. We come to these platforms to buy or sell crypto, check the latest prices, and see how our portfolio is doing.

What if there is a campaign that rewards you for your activities on your favorite exchange and encourages you to do more? That is precisely what the AAX reward hub is.

AAX reward hub is a new section on the exchange that rewards you for being active and reaching milestones. For instance, the conservative check-in program rewards you for visiting the exchange frequently. You get to claim AAB on your 3rd, 7th, 15th, and 30th consecutive days.

Other milestones that will get you a reward include:

  • Deposit - Deposit of more than 50 USDT.
  • Buy Crypto with Fiat - Buy more than 10 USDT in crypto on AAX OTC.
  • Complete a Trade - Complete a trade on the spot or futures market worth more than 100 USDT.
  • Win - Complete a trade on the futures market with a positive PnL.
  • Allocate to AAX Vault - Allocate funds to AAX Vault.

Tasks are adjusted and changed depending on trends on exchange.*

How to claim AAB on AAX Reward Hub

After reaching any of the milestones required to claim AAB, visit the reward hub. On the reward hub, find the milestone and click claim AAB.

AAB claimed on the reward hub can only be used on AAX. The value of the AAB claimed is the same as the spot market value in real-time.

At the moment, it can be used to pay for trading fees. Each month, you can top up your rewards and basically trade for free, until you've run out of rewards.

AAX plans to add more use cases for AAB claimed from the reward hub. For example, users will be able to redeem coupons to get surprise gifts with their rewards in the future.

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