An honest review of the ABCC cryptocurrency exchange: reviews from traders

Main characteristics

ABCC Exchange Registration Process

1. On the ABCC home page, in the upper right corner, click Register or simply follow the link: https://abcc.com/ru/signup.

2. In the new form, enter your email and create a password.
3. After you click the “Register” button under the completed form, a captcha will appear where you will need to drag the puzzle to the desired location using the slider.

4. Now they will send you an email - you need to copy the activation code from the email into the field on the account page, and registration will be completed.

After registration, you will be asked to secure your account by enabling SMS alerts or two-factor authentication (2fa). In the latter case, you will have to install the Google Authenticator app on your smartphone or tablet.

However, you can ignore the offer to enable additional protection.

A working way to make money on the ABCC cryptocurrency exchange.

Good day, today I would like to talk about a way to make money on an exchange such as ABCC.

Anyone interested in the topic of cryptocurrencies, bounties, distributions, etc. should like this scheme.

I described in more detail the whole essence of the method of earning money in a word document.

I’ll send you a working method of earning money in a private message with a detailed description of how and what you need to do to get an income of $10 per day when registering using my referral link.

In short, by trading on the exchange we receive tokens from the AT commission, which we can immediately sell for ether, bitcoin or tether(usd). The method is not very complicated, but you need an initial bank of $10, preferably at least $200.

I myself work with a bank of $800.

Due to the turnover that you accumulate per day when selling and buying cryptocurrency, you receive exchange tokens.

Registration on the exchange:

Ref: Link

Regular :Link

About the exchange:

ABCC is a fairly young platform that began operating in April 2020. The founder of the exchange, Kelvin Cheng, is an entrepreneur and former member of the Singapore Parliament. Today, the exchange offers users 93 trading pairs, and according to their own statistics, the daily turnover of the site reaches $300 million. According to representatives of the exchange, the security of assets traded on it is achieved through regular security audits, a microservice framework (distributed service architecture) and two-factor authentication.

The exchange is in the top 10 by volume in the entire cryptocurrency market

Trade-to-Mine

AT is obtained according to a rather unusual consensus mechanism - Trade-to-Mine (ToM). In practice, ToM means the distribution of generated tokens among site users in proportion to their trading volume during the period of creation of the next block. The greater the trading volume in 6 hours, the greater the AT reward.

New blocks will appear every 6 hours. Every 120 days, the number of tokens issued will be halved, which is vaguely reminiscent of the Bitcoin mining model. According to the developers, this scarce model will serve as additional protection for the token price.

Only 40% of tokens will be released during the mining process. Another 10% will be distributed as an airdrop among existing exchange users in proportion to their trading history. The exchange will keep the remaining 50%, distributing it between the team, investors and expenses for the development of the platform. In return, ABCC will proportionally distribute 80% of its daily income (transaction fees) to ABCC token holders.

Thus, ABCC plans to create a trading ecosystem where participants will be able to share the profits the exchange receives with their help.

Payments from the exchange:

Post edited by Sitok: 07 08 2020 - 00:19

Russians take a long time to harness but travel quickly

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Account verification

Verification, or KYC, on ABCC is not mandatory; without it, the daily withdrawal limit for traders is $10,000. Verification will be required for those who want to purchase cryptocurrency on the exchange using a credit card through the associated service Simplex.

To start verification:

1. Click on your profile and select KYC from the drop-down menu.

2. On the new page, enter your country.
3. Now enter your name, passport number and upload a copy of your passport.
4. Click Verify - verification usually takes no more than a day.

What kind of ABCC exchange is this?

The relatively young Singaporean cryptocurrency exchange is quickly gaining momentum. In April 2020, the project was launched by Calvin Cheng, who previously held a seat in the Singapore Parliament.

This is the first exchange that began to use the Trade-to-Mine (ToM) model, and it is through it that you can earn money. The official website contains a list of advisors, and the project was also supported by large investment funds. The developers are confident in their success and the great future of cryptocurrencies.

To conduct transactions, they have prepared a convenient platform (including in Russian) and mobile applications. The main disadvantage of the ABCC exchange is that fiat money is not supported. Deposits and withdrawals are only available in cryptocurrency.

In the first months, the exchange climbed to high positions; now it has over 100 trading pairs and a huge turnover. Registration is standard, verification is not required (without passing it, the daily withdrawal limit is 2 BTC). Two-factor authentication, SMS alerts, profitable affiliate program and much more are available.

Replenishment and withdrawal of funds

Deposits and withdrawals to ABCC are carried out in cryptocurrency.

Input:

1. Next to your profile icon, select My Funds - Deposits.

2. Select the desired cryptocurrency from the list.
3. The system will generate an address. You will need to transfer funds to this address from your wallet (not an exchange wallet). After some time, your ABCC account will be replenished.

Conclusion:

1. Next to your profile icon, select My Funds - Withdraw.

2. Select the desired cryptocurrency from the list.
3. Enter the amount and address of the wallet to which you want to withdraw the cryptocurrency.

4. An email will be sent to you, open it and click the button to confirm the operation.

Deposit and withdrawal fees

ABCC does not charge entry fees. Each currency has its own withdrawal fees:

List of tradable tokens

Popular cryptocurrencies and trading pairs with the highest turnover on the exchange:

AT Token

AT token is the native token of the ABCC exchange. The total coin limit is 210 million, 50% of new tokens are issued through trade mining (Trade-to-Mine).

Trade-to-Mine is a model in which coins are returned to the trader as an exchange fee during transactions. To put it simply: the more transactions you make, the more income you receive.

Transaction mining works in a similar way on the BitForex and BitMax exchanges.

AT holders can use their tokens to pay trading fees, gain access to premium products, purchase other cryptocurrencies, but most importantly, they can earn rewards simply by holding them for a long time.

Holders of a token who hold it for more than 7 days can profit from commissions received by the exchange - ABCC divides 80% of the collected funds among AT holders according to their share.

The internal currency of the exchange is the AT token

Inside the exchange, its internal currency is actively used - tokens (AT) . With the help of these coins, exchange participants will be able to exchange them for other assets, pay for transfers and gain access to paid crypto exchange services. In general, the appearance of this token can be considered as a certain loyalty program to generate interest among new users and support old ones. It is worth adding that 80% of all exchange revenues are already distributed among at-token holders.

It is important to note that these tokens can be earned - both simply during trading on the exchange, and during the mining process.

Mining AT tokens using the Trade-to-Mine algorithm

All active users of the exchange are offered a rather unusual mining method - abcc token mining . As is clear from the name of the Trade-to-Mine or ToM , you receive tokens from the ABC crypto exchange for conducting trading operations. Moreover, you do not need to buy any computing power. That is, the more trades you make, the more coins you receive.

Advantages of the exchange

• First of all, it is worth noting that the exchange does not have any geographical restrictions - the resource operates freely in all countries of the planet.
• There are no commissions when depositing your money on the exchange.
• The commission for a trading operation on the exchange is only 0.1% (the cost of the commission is reimbursed in AT tokens).
• The ABCC cryptocurrency exchange website operates in four different languages ​​– English, Chinese, Korean and Russian.
• To top up, you can use several dozen different cryptocurrencies - at the moment, almost all top coins are supported, and their list is constantly expanding.
• The exchange is constantly developing and improving its functionality, which is displayed in the “ News ” tab on its main page.
• Trading of AT tokens is already actively taking place on the exchange, and their price has increased from the initial $0.5 and continues to grow further.
• Telegram channel of the exchange: abcc_ru
• In the near future, the project administration is going to become the main sponsor of the blockchain summit in Malta. Moreover, it is in Malta that the exchange opens its European office.
• There is a mobile version of the exchange for iOS and Android devices.

affiliate program

Today, the ABCS.com exchange is beginning to reform its referral program. Those participants in the system who brought new users will receive interest from the calculation of their mining power. For example, user A invites new user B , and user B invites another new user C to register for trading on the ABCC exchange. User B is counted as a first-level referral, and user C is counted as a second-level referral for user A. Next, participant C is counted to user B as a first-level referral. As a result, all members of the mining referral program A, B and C will gradually increase their shares of trading fees throughout the entire period.

Table of trading fees before and after, as well as the total number of AT tokens for these fees:

Registration and getting started with the ABCC crypto exchange

To start working with this cryptocurrency exchange, you will need to go through the registration process. It is extremely simple and understandable. Go to the exchange profile creation page. First, select the appropriate language, second, click on registration

Next, you need to enter your work email, come up with a good password, agree to the registration terms and create your account.

Moreover, it is most profitable to register using an affiliate link, since in this case you will receive 10% more settlement capacity during trading operations.

After this, do not forget to go to your profile settings and enable additional protection - confirmations are available through the Google system, your phone number, email and even Telegram.

It is important to note that you do not need to go through the verification procedure and send your personal data and documents. Immediately after registration, you can start trading on the exchange. You can withdraw up to 2 bitcoins per day.

To go through the verification procedure, in your account tab, select the option of the same name, country and follow further instructions. After completing this procedure, you will be able to withdraw as much as 200 bitcoins per day from the exchange.

How to fund your account and start trading on the platform

After registering on the exchange, in your profile you should select the “ Exchange ” tab, where you will find currency pairs with Bitcoin, Ethereum, and USDT.

Topping up your exchange account is quite simple:

The exchange features a standard trading terminal with a minimum of necessary settings (book order book, time frames, Japanese candlesticks, trading volume, etc.).

You can buy assets at the market price or set your own limit (limit orders). option to set “ stops ” yet. After creating an order, you will be able to track all your orders in the “ Order History ”.

If you don’t understand anything about the functionality of the exchange, you can use the “ Help ” section. All the most specific questions and mistakes of exchange participants are discussed there, and answers are given with explanations and illustrations. If you don’t find the topic you need, you can write to site support.

ABCC Exchange Reviews

As a review of the abcc exchange, it is worth noting that due to the creation of its own token, a new approach to mining, low commissions, simple verification, high reliability, as well as many other advantages of the ABCC cryptocurrency exchange, we can safely recommend it as a trading platform (many people ask - exchange abcc scam? I assure you that the exchange works perfectly, payments come instantly!). Also, do not forget about the AT tokens themselves, which may be of interest not only to traders, but also to long-term investors. While the exchange does not have such advanced features as API keys, stop orders and working with fiat, the site team is constantly working to improve the platform, which promises it even greater success in the future.

How to trade on the stock exchange

Before starting trading, it is worth noting that ABCC allows trading bots and this has led to a huge increase in trading volumes. The exchange team itself is also suspected of using bots.

To start trading on ABCC, go to the Exchange - Market section, where the Pro and Base options will become available to you.

Interface, menu, features

Base market trading window:

1. Exchange announcements.
2. Information on the selected trading pair.
3. Trading glass - here you can view orders (orders) available on the exchange for the purchase/sale of cryptocurrencies.
4. Price movement chart.
5. Order form.
6. Trading pairs - here you can select the trading pair you are interested in.
7. Your trading history and the trading history of the exchange.
8. Your open orders.
9. Order history.

Exchange in Pro mode:

1. Selected trading pair.
2. Information about the cryptocurrency being traded.
3. Order window.
4. Estimated value of the coin.
5. List of applications for the current pair.
6. Market price chart.
7. Latest orders.
8. Open orders and transaction history.
9. Switch the theme mode (dark/light).

Placing orders

ABCC supports limit orders and market orders.

With market orders, you automatically buy or sell cryptocurrency at the average exchange price. Such orders are fulfilled instantly.

For limit orders, you yourself specify the desired price for the cryptocurrency. The system may take time to process such a request.

To create an order for ABCC:

1. Select the type: market or limit (consider limit).
2. Enter the desired value of the coins.
3. If you want to buy a specific cryptocurrency, for example, BTC, then in the Buy BTC form, indicate the number (Amount) of coins that you want to purchase; sell - in the form Sell.
4. Click the Buy or Sell button accordingly.

How to buy cryptocurrency on the ABCC exchange

Orders are available in 2 types:

• According to the market.
• According to the limit.

Limit means that a buy order can only be placed below the current price, and a sell order can only be placed at a higher price. There are no stop orders, perhaps due to their passivity and the ability of limit orders to create the liquidity necessary for a young exchange.

For any X/Y pair, the cryptocurrency that is in first place is purchased for the second.

The 25, 50, 75 and 100% option allows you to place part of your deposit into a trade with one click.

Transactions - By limit - will appear in the lower Open orders window. After execution they will be moved to Order History. Market orders will immediately appear in the Order History. Commission for a transaction on the ABCC exchange is 0.1%.

Referral program

ABCC offers an affiliate program, according to which the user can receive from 20% to 70% of the commissions of their referrals, depending on their trading volumes. To participate in the program, you must register in the Ambassador section (Referral program).

The exchange also regularly holds events with valuable prizes for its users.

Review of trading conditions on the cryptocurrency exchange

There are not many trading pairs - 44, but all the main coins are present on the site: XMR, BCH, TRX, etc. Note that any of the assets can be purchased for Bitcoin, Ethereum or USD Tether.

The ABCC organization offers users the AT token. It was designed to attract trading volumes to the site. Moreover, for holding a coin, the commission is halved. To be more precise, 50% of the commission from the daily turnover goes back to the trader’s account in the equivalent of ABCC Token.

The size of the minimum deposit depends on the wallet from which the transfer will be made. You can deposit funds to the site using any of the presented cryptocurrencies. You also have the option to directly buy ETH or BTC for Euros and Dollars using Visa or MasterCard. In this case, the minimum deposit must be at least $50 or €50.

The output is available in the adjacent section. Its minimum size is limited depending on the selected cryptocurrency. The smallest withdrawal amount can be viewed in “Reminders”.