The world's first Exchange is introduced, which allows the deposit and deduction of all FIAT currencies of all countries.
On March 7, 2019, Aaron System announced that it has signed an investment agreement in Ho Chi Minh City (Vietnam) to build and operate the AKHAN Stock Exchange in Mongolia, the world's first exchange to operate the world's largest stock exchange Payment and disbursement of all FIAT currencies.
The newly founded AKHAN Exchange consists of the Mongolian local currency Tugric (TG) market, the BTC market, the ETH market and the TabiPay market. And they also plan projects such as Crypto Mining, ICO Listing, Community, Incubation, ICO Funds, Blockchain Building, Blockchain Content, Blockchain Trading, Blockchain Game, etc., for the future development of the Blockchain ecosystem.
The AKHAN Stock Exchange is the first project among them and has three characteristics that are different from other stock exchanges.
First, the AKHAN exchange is the first one in the world to fund the deposit and withdrawal of all FIAT currencies in all countries in the world.
Aaron Platform's TabiPay, Aaron's Stable Coin System and Aaron Platform's Currency Matching Engine are applied to the AKHAN Exchange system. Therefore, it is possible to deposit and withdraw all FIAT currencies in the world. Currently, it offers service in about 15 countries, including 10 Southeast Asian countries, China, Japan, Korea, the United States, etc.
The second feature is the return policy with respect to the purchase amount of the exchange coin.
The AKHAN Stock Exchange has a system of reimbursement of the exchange transaction fee up to 200% of the amount of coins sold in advance. This is a policy aimed at keeping the demand for replacement coins after the sale and at the same time stabilizing prices, while minimizing the risk of loss to early investors.
The third function is the cashback system of the trading fee.
Recently there has been a steady increase in investors interested in crypto currency transactions. However, trading necessarily involves trading fees that cause invisible losses for investors. AKHAN Exchange supports up to 120% of the daily trading fee, depending on the size and weight of a trader, so that both traders and high volume traders can take advantage of the stock market without worrying about the fee.
Through this competitive advantage, AKHAN Exchange plans to protect users and create a planned ecosystem with block chains.
Aaron Jin, CEO of Aaron System, explained the meaning of this contract:
"This time around, signing an investment contract on the AKHAN Exchange in Mongolia will serve as a catalyst for Aaron Platform's EveryCoin and TabiPay to be widely used in real life. Now, the blockchain market of Mongolia has great potential to become an axis of the blockchain world market in order to prepare for rapid growth. Not only are we trying to create a new cryptocurrency exchange in these Mongolian markets. Our goal is to create a cryptocurrency ecosystem that brings several of the benefits of the new crypto-currency technology and is safe and easy to access for everyone, including investors, regardless of whether they are familiar with cryptocurrency or not. "
James Lee, CEO of UBWAVE, mentioned:
"Mongolia is the first country in the world to recognize government cryptocurrency and officially license it. It's also where the various Blockchain companies in the world are working, and it's one of the most suitable mining and land-based countries to do blockchain projects. We will enable AKHAN Exchange to become the link between Mongolia and the blockchain of the world. DKHAN coins as well as EveryCoin and TabiPay on the Aaron platform are also preparing for official licenses in Mongolia. We believe that there will be no problem with that. "
AKHAN Exchange has completed the system preparation and is currently in beta testing. In addition, they prepare for the presale of DKHAN Coin before the Grand Open.
The Aaron platform, developed by Aaron System, is a blockchain finance platform for people who are financially excluded in the world. The project aims to transform funding through a new challenge in the distorted financial markets, where one-third of the world's population does not receive financial services.
Aaron Platform's financial services capabilities allow people with no existing financial accounts to easily and conveniently access financial services. Based on the multi-blockchain technology, the Aaron platform solves the problems of slow block-chain speed and high volatility by linking EveryCoin (Variable Value Currency) and TabiPay (Fixed Value Currency). So this is the project that builds a blockchain ecosystem that can be used easily in real life.
EveryCoin, used by Aaron Platform, successfully completed ICO in December 2018 and is listed and traded on global exchanges such as IDAX, BITONBAY, IDCM, LATOKEN, P2PB2B and SISTEMKOIN. Currently it is ranked 450ththof 2,100 cryptocurrencies based on the market capitalization of CoinMarketCap,
UBWAVE is building the Mongolian Digital Nomad Valley, a Blockchain hub project that surpasses Malta and Switzerland. They have completed the purchase of land near the new airport and are building the AKHAN ecosystem to create a better block chain ecosystem by bringing together companies and talented people from around the world who are linked to block chains.
Visit the EveryCoin website: https://www.everycoin.io
The post-Aaron system in Thailand enters the Mongolian cryptocurrency exchange market. UBWAVE in Mongolia first appeared in the Global Coin Report.
Read more at https://globalcoinreport.com/aaron-system-thailand-mongolian-cryptocurrency-exchange-market-ubwave/
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Post source: Aaron System in Thailand enters Mongolia's cryptocurrency exchange market with UBWAVE in Mongolia
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