Crypto exchange AEX has announced the gradual resumption of withdrawal services, implementing daily limits starting at 500 USDT, with plans to fully lift restrictions within 90 days. The platform also revealed strategic moves to bridge the gap between crypto and traditional finance.
Key Updates from AEX:
Phased Withdrawal Reopening:
- Initial daily cap set at 500 USDT per user, scaling up progressively.
- Full normalization expected within three months.
Shareholder NFT Initiative:
- Launching 300 exclusive "AEX Shareholder Badge NFTs", representing 15% equity in the platform.
Benefits include:
- Annual profit-sharing.
- Access to financial reports.
- Voting rights on major decisions.
- NFTs are transferable via private transactions.
Traditional Finance Expansion:
- Actively developing a Hong Kong and U.S. stock trading system, aiming to compete with giants like Robinhood and Charles Schwab.
Background Context:
AEX previously cited delays in withdrawals due to illiquid long-term assets, emphasizing efforts to stabilize liquidity.
Strategic Implications
- Market Positioning: AEX’s pivot to traditional securities signals a broader trend of crypto exchanges diversifying revenue streams.
- Investor Incentives: The NFT equity model offers a novel way to engage and retain users while decentralizing ownership.
FAQs
Q1: How does the daily withdrawal limit work?
A: Users can withdraw up to 500 USDT daily initially, with limits gradually increasing over 90 days until fully removed.
Q2: What are the benefits of holding an AEX Shareholder NFT?
A: Holders gain profit shares, governance rights, and transparency into AEX’s operations, akin to traditional shareholders.
Q3: When will AEX’s stock trading platform launch?
A: No official date yet, but development is underway to support Hong Kong and U.S. equities.
👉 Explore AEX’s latest innovations in crypto-traditional finance integration
Disclaimer: This content is for informational purposes only and does not constitute financial advice.