AAX-Trade Crypto, Bitcoin, ETHGoogle Play
Our wallet review process
We examine wallets starting at the code level and continue all the way up to the finished app that lives on your device. Provided below is an outline of each of these steps along with security tips for you and general test results.
Application build test result
AAX Exchange has the following products:
- P2P Trading
- Fast Buy
AAX has built a proprietary multi-currency wallet system. This system complies with industry standards, is multi-signature and offers no single point of failure. There is no dependency on a single source of security and robust recovery protocols are in place.
Additionally, AAX has Hardware Security Modules (HSMs) in place to protect end-user private keys used to co-sign transactions.
The majority of digital assets on AAX are held in secure offline storage facilities, leveraging industry-standard encryption technologies across multiple tiers. Sensitive data that normally resides on company servers is disconnected entirely from the Internet.
Upon request, AAX is also able to offer insured crypto custody within fully regulated entities.
4.9.1. You may request withdrawal of your Digital Assets, subject to termination conditions in Clause 11 by making a withdrawal instruction through the Platform.
This complex trading platform which has a lot of services covers in its terms and conditions indications that it is a custodial service.
Tests performed by Daniel Andrei R. Garcia
Do your own research
In addition to reading our analysis, it is important to do your own checks. Before transferring any bitcoin to your wallet, look up reviews for the wallet you want to use. They should be easy to find. If they aren't, that itself is a reason to be extra careful.