$XVS had stalled for a long time and is quite unpopular due to the big cashflow scam years ago. At first it would look like it wouldn’t recover. Still a high risk of non recovery, but that is what drives a lot of speculative markets.
Binance has recently shut down Defi Staking for clients in Australia (one of my endpoints), so I’m moving the staking to AAX (new account). Which leaves to a review so far
AAX exchange
Likely based in Singapore for helpdesk. KYC is minimal so far. Level 0 KYC allows withdraw/deposit. Triggers are set up like tripwires on AAX where if it triggers then you need to get to Level 1 KYC to withdraw. It is unknown what the triggers are completely, but from hints:
- Total balance of < $USDT 5000
- Withdrawal of at least $USDT35 per transaction
Having said that, it’s very much a mid-sized exchange, quite similar to Binance. Launchpads, Staking, Spot trading, Futures, “Earn”/savings. Interface can be a bit confusing but quite polished in certain areas (Profiles section).
Stay tuned for further reviews