ANXPRO is a very popular cryptocurrency exchange that specializes in using both fiat currencies and cryptocurrencies to buy crypto. Buying Bitcoin and Ethereum can be simple by using this company. Because of its popularity, we have created a guide for new users.
This company was created by ANX International, which is based in Hong Kong. ANX is a fintech company specialized in offering blockchain solutions and this platform is its flagship product.
It not only acts as a platform in which you are able to buy cryptocurrencies, but spend them using the popular ANX Bitcoin Debit Card created by the company, which lets you use your currency at the time that you wish to. The platform is cloud-based and you can access it on your desktop computer or your smartphone.
The company explains that ANXPRO is a secure platform in which you can store different types of token without having risks of losing them. The platform promises security, transparency and safety for all its users when they are using ANXPRO to trade.
If you have any type of problem, ANXPRO offers you full support so you can talk directly to the company’s help line to solve your problems.
ANXPRO Main Features
The main features of ANXPRO are cryptocurrency trading, the ANXPRO Debit Card, the ANXPRO Wallet.
ANXPRO offers quality Trading of cryptocurrencies so you can make profits from this market and start to invest. It also has offers for Over-The-Counter (OTC) trading, which might be another way for you to get access to these assets.
The ANX Wallet, also known as the ANX Vault, is similar to most wallets in the cryptocurrency market today. You can view your funds and use the wallet to send them whenever you want to. It is available as an app for iPhone and Android. If you plan to send crypto via the wallet, you can save the address of your family and friends there. The wallet supports all the cryptocurrencies that are used on the company.
The ANX Bitcoin Debit Wallet would be right for you if you plan on using your Bitcoin outside of the internet. This debit card created by the company allows you to link your ANX account to it and spend your money whenever you want. You can use it to pay for goods or services in stores or to withdraw money from ATMs.
How To Create an ANXPRO Account?
To create your account, visit the company’s site and register using a valid email. You will receive a verification link and have to use details like country of residence and name to create it. After that, you have to verify your account.
An unverified user will have issues when using the company like sanctions on receiving and sending cryptocurrency or using fiat currency. Because of this, you should try to verify your account as soon as possible. Here is how you can do it:
Remember that the most important documents that you have to upload are an ID card with colored photo emitted by your government and a proof of residency that has your address and full name.
The verification process is very important because it enables the users to trade in a secure environment. By making the users go through these processes, the company keeps the platform compliant with international anti-money laundering laws and more secure.
ANXPRO Supported Currencies
At the moment of this report, ANXPRO supports a total of eight cryptocurrencies. Its main currencies are, obviously, Bitcoin (BTC) and Ethereum (ETH), which are the two most relevant coins in the market today.
The platform also supports some other tokens like Ripple (XRP) and Litecoin (LTC), which are also very relevant assets in the market today. ANXPRO supports two types of ERC20 Ethereum-based tokens: OAX, which is the own token of the company and the Golem Network Token (GNT).
The last two currencies supported are the Dogecoin (DOGE), which has a fair market share and it was created in 2013 and StartCOIN (START), which is a Litecoin fork. At the moment, the company does not support other popular tokens like Monero, Bitcoin Cash or Waves.
How To Deposit and Withdraw Using ANXPRO?
To trade, you need to make a deposit first. Follow these steps to do it:
You can deposit using fiat currency, cheques or crypto. Cash deposits are generally made within 3 to 5 hours, while cheque takes up to 5 banking days. Cryptocurrency deposits are generally automatic. High transactions might take some time to appear.
To make a withdrawal, follow the instructions:
Remember that you have to send your bank information to the company before you withdraw the money.
How To Trade Using ANXPRO?
You can trade in ANXPRO in two ways: you can either put a market order type or a limit order type. Market orders execute the trade at the moment that you use them and use the market price. The limit order, on the other hand, can be programmed not be made immediately, but when some currency hits a certain price in the market. If a certain order was not executed, you can still erase it.
The following trading pairs are supported by ANXPRO:
The status or your orders can be checked on the Activities tab.
As trading costs money, the platform has created minimum orders that you have to use to trade a currency. The minimum order limits are as follow:
- Bitcoin: Quantity: 0.01
- LTC: Quantity: 0.1
- DOGE: Quantity: 5,000
- XRP: Quantity: 100
- ETH: Quantity: 0.0001
- GNT: Quantity: 1.00
- OAX: Quantity: 0.01
- START: Quantity: 0.01
The ANXPRO Fees
The company charges 0.1% to 0.2% for every transaction that you make on the platform. Deposit and withdrawal fees depend on the user status, as unverified and verified users have different options.
These are the fees for deposit:
These are the fees for unverified withdrawals:
These are the fees for verified withdrawals:
Is ANXPRO Safe?
Yes. The company is very big and it has a huge corporation behind it, so you can be pretty sure that it will use the most advanced security standards in order to make sure that the clients will be protected.
You have to use 2-factor authentication to enter on your account and the whole exchange uses 128-bit SSL encryption and state of the art infrastructure.
You can also decide if you are going to put your tokens into a cold or hot wallet. Cold storage means that the tokens are stored offline and that you will not have access to them by the internet, which means that they cannot be hacked. Hot storage gives you access with your own keys but can be accessed online.
The ANXPRO Verdict
ANXPRO is a good option, especially if you are from Hong Kong. It is a good option because it allows you to use cold storage, over the counter trading, eight different cryptocurrencies and many other options. Unless you use one of the top crypto exchanges of the market, you will probably not find a company that has considerably more options than ANXPRO.