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To celebrate ETH reaching all-time high, AAX will be launching a campaign where users can buy ETH with up to 50% discount! Please see the details below.

Discount Period: 17 May, 2021, 10am - 20 May, 2021, 9:59am (UTC)

Eligibility: Register an AAX account and complete identity verification level 1 (KYC 1)

Discount Quota: Total 3,000 quotas. Every 24 hours, the first 1,000 clients will be eligible to enjoy the discount.

Discount Format: Discounts are granted in the form of rebates, based on users’ net purchase of ETH on AAX Spot. Rebates are settled in ETH.

Requirements per discount tier:

Tier

ETH Discount

Requirements

Maximum rebate amount

1

50% Off

AAX VIP Level 1 - 3 (Exclusive VIP program)

200 USDT worth of ETH

2

40% Off

A minimum balance of 1000 AAB in the AAX account 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.

150 USDT worth of ETH

3

30% Off

Users who have registered an AAX account on or after 7 May, 2021

100 USDT worth of ETH

4

10% Off

Other AAX users

50 USDT worth of ETH

Examples:

User A:

During the discount period, User A is an AAX VIP 1 user and purchases 0.2 ETH. It is assumed that the average 24-hr price of ETH/ USDT is 3000 USDT.

Rebated Amount:

0.2 ETH x 3000 USDT x 50% = 300 USDT

Since the maximum rebate amount is 200 USD, so 200 USDT worth of ETH will be rebated.

User B:

During the discount period, User B holds 1000 AAB in the AAX account, purchases 0.2 ETH and sells 0.1 ETH. It is assumed that the average 24-hr price of ETH/ USDT is 3000 USDT.

Rebated Amount:

(0.2 - 0.1) ETH x 3000 USDT x 40% = 120 USDT

User C:

User C registered an AAX account on 12 May, 2021. During the discount period, User C holds 500 AAB in the AAX account, purchases 0.2 ETH and sells 0.1 ETH. It is assumed that the average 24-hr price of ETH/ USDT is 3000 USDT.

Rebated Amount:

(0.2 - 0.1) ETH x 3000 USDT x 30% = 90 USDT

Sign Up

How to participate?

  1. Register an AAX account and complete KYC 1

  2. Be our VIP, hold 1000 AAB or buy now (optional)

  3. Deposit USDT into your AAX account

  4. During the discount period, buy ETH on AAX Spot. It is recommended to buy more than 400 USDT worth of ETH to enjoy the maximum discount

  5. Clients who are eligible for the ETH rebates will be notified by email or SMS in 1 working day after the campaign ends. The ETH rebates will be credited into the users’ accounts in 5 working days

  6. Join our AAX Telegram to learn more about the campaign

Terms and conditions:

  1. Campaign participants must complete identity verification level 1 (KYC 1).

  2. The ETH discount period is from 17 May 2021, 10:00 to 20 May 2021, 9:59 (UTC).

  3. The total number of ETH discount quotas is 3,000. Every 24 hours, the first 1,000 clients will be eligible to enjoy the ETH discount during the discount period.

  4. The total amount of ETH purchased by participants will be the NET BUY amount of ETH on AAX Spot (Total Buy Amount - Total Sell Amount) from 17 May, 2021, 10:00 - 20 May, 2021, 9:59 (UTC).

  5. Clients who are eligible for the ETH rebates will be notified by email or SMS in 1 working day after the campaign ends. The rebated ETH will be credited into the users’ spot account in 5 working days after the campaign ends.

  6. The ETH to USDT conversion rate for calculating the net buy and rebate amount will be determined based on the 24-hour average price of ETH on 17 May, 2021 (UTC). The exact ETH price is subject to AAX’s final decision.

  7. 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 ETH 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.

  8. 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.

  9. AAX’s decision in relation to any disputes raised by you shall be final.

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