Coinanx.comCoinanx believe that the Indian market is really huge and has got enough potential even though there are FUD around adapting cryptocurrencies in India.
The Australian Government is set to bring in regulations in the Cryptocurrency space which will in turn make it an excellent marketplace.Considering the above statements, we will be enabling INR/AUD deposits into Coinanx exchange by adhering to the legal/regulatory obligations of the Indian and Australian Governments.
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How ANX works
COINANX is an entirely new generation of cryptocurrency exchange platform. Coinanx aims to make cryptocurrency payments direct and easy for anyone and from any location. COINANX will allow users to buy and sell all the major cryptocurrencies and will aim deposit of multiple FIAT currencies from various countries so that people can trade on a single exchange which will provide high liquidity levels and maximum convenience.
Token symbol : ANX
Token : COINANX
Decimal Places : 8
Token type : ERC20
Creating a singular platform exclusively for multiple fiat deposits
COINANX ensure that multiple currencies from various countries will be accepted in this platform, with the first one integrated being INR, which is followed by AUD and then USD.
Increasing liquidity issues on exchanges
Since small exchanges won’t have many traders, there will be low liquidity. Since we insist all the Fiat users convert their fiat currencies to ANX. Any user who deposits Fiat will be able to trade only with ANX coin. This will create a decent level of liquidity in the exchange; thereby the volatility of the coin will decrease.
This platform facilitates participants to deposit their native Fiat currencies such as INR, AUD or USD and get an ANX coin along with the amount they have deposited through the Fiat currency. Only through the purchase of an ANX coin will the participants be able to buy other cryptocurrencies.
CoinAnx exchange will support and help in the conversion to and from a wide range of crypto coins. Currently we are including Bitcoin, Dash, Ripple, Ethereum, Litecoins and other altcoins.
The exchange is designed and extremely committed to support many native currencies that can thrive in the economy. This is imperative to our vision as we intend to create the most convenient and most accessible cryptocurrency exchange.
This smart integration of multiple features alleviates the requirement to plan the use of crypto currencies in advance and gives the users complete flexibility and control as to when and where to best use their blockchain based assets.
Users can even withdraw their Fiat currency from time to time. Debit card users who tend to use virtual currencies in their everyday life, can seamlessly convert their virtual currencies into traditional fiat currencies at the moment of payment; while the integration into a Fast and reliable exchange enables easy converting between multiple currencies stored in the wallet, and offers seamless conversion into traditional fiat currencies.
CoinAnx aims to make Cryptocurrency payments direct and affordable for anyone from any region in the World. The multi-currency blockchain Wallet enables users and participants to deposit, store and manage all their crypto and Fiat assets.
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