ABCC Exchange Review – Features, Fees & How It Works

ABCC Exchange is an innovative and dynamic trade cryptocurrency trading platform with excellent fee structures and secured environment with reward driven ecosystem.

Such features as AT token, Trade-to-Mine model and OTX trading options ABCC caters to active traders for value and efficient service.

Even though ABCC does not support fiat deposit transactions, teh platform’s excellent liquidity, advanced cryptocurrency trading tools, and user friendly configurations I make it a great platform for most experienced cryptocurrency traders/enthusiasts to trade/operate in.

About ABCC Exchange

ABCC is one of the leading crypto exchanges in the marketplace that explores the future development of cryptocurrency projects for global users.

ABCC Exchange (ABCC) is being acquired from its predecessor in 2020. Having a new management team, ABCC aims to develop the cryptocurrency exchange to one of the leading exchanges in the marketplace.

ABCC had conducted yearly third-party Vulnerability Assessment and Penetration Testing (VAPT) with different vendors to ensure a high level of security in exchange environment in order to provide our users peace of mind when trading their cryptocurrencies.

ABCC Exchange Overview

2 Steps Away From Trading On ABCC Exchange

Every user on ABCC Exchange will have to register through our website and undergo Know-Your-Customer (KYC) verification. Upon approval, you are able to deposit and start trading instantly.

Register Now

When you register an account, you will be required to provide a current email address. An account with ABCC will be bind with the provided email address.

KYC Verification

You can proceed with KYC verification by two options, Identity Card or Passport. Get ready these documents and complete these simple two steps and start trading.

Deposit and Start Trading

You now can begin by depositing USDT, USDC, BTC, ETH and many other cryptocurrencies, and trade.

Here is a very organized, data section optimized for Google based on your information on ABCC Fees.

ABCC Fees – Comprehensive Analysis

ABCC Trading Fees

Always pay attention to fees when selecting a cryptocurrency exchange. ABCC operates on a flat fee model. This means both makers and takers pay the same fee.

• Flat Trading Fee: 0.10% for each transaction
• This fee is very competitive as the industry average globally is above 0.25%. As there is no difference between taker and maker orders, traders are able to take advantage of a straightforward and transparent fee scheme without worrying about different costs.

ABCC Withdrawal Fees

ABCC has fair withdrawal fees given the industry average.

• BTC Withdrawal Fee: 0.0005 BTC This fee is slightly less than the average withdrawal fee of 0.00053 BTC globally (according to the Q3 2021 Empirical Fee Study). Overall, ABCC has competitive fees on both trading and withdrawal that will not hinder users from trading on the platform.

Deposit Methods

ABCC only supports crypto-to-crypto trading and does not accept fiat currency deposits.

No deposits made via bank transfer, credit or debit cards, or alternative traditional payment methods

This enables a platform not ideal for starters who lack any

All new customers need to purchase their first cryptocurrency through an initial exchange that allows traditional payment deposits and subsequently transfer to ABCC for trading.

What Coins and Tokens are Available for Trading?

The ABCC exchange has around 20-30 cryptocurrencies to trade, particularly, the likes of bitcoin, USDT, USDC, ETH, and BTC, among other Assts. Here is a common example of cryptocurrencies:

• Bitcoin [BTC]
• 1inch [1INCH]
• Polkadot [DOT]
• PancakeSwap [CAKE]
• Axie Infinity [AXS]
• Chainlink [LINK]
• Chiliz [CHZ]
• Maker [MKR]

List of Restricted Regions

ABCC Exchange continues to operate within a number of regulatory limitations which may, in turn, limit the services the Exchange can offer in certain locations.

Regulations in those areas are also due to the increased risk of money laundering and other nefarious activities.

There are no definitive lists of the countries banned, however, as other exchanges have implemented similarly, we can ascertain the following are, in all likelihood, also affected by the aforementioned regulations:

• United States of America;
• North Korea;
• Iran;
• Iraq;
• Afghanistan;
• Yemen;
• Cuba.

How to Trade on ABCC Exchange

Once you finish your registration and verification, you can start trading on ABCC.

Enter the Exchange
To access the ABCC Trading Interface, you have to click on Exchange on the main menu. You will find marketplace access, trading charts, and an order book.

Select the Trading Pair
From the right-side panel, you can see the trading pairs visible and, if necessary, can search for a trading pair. Then, you can select the pair you want to trade for your desired asset.

Choose the Order Type
ABCC offers market and limit order types. Select the type depending on your trading strategy. Market orders are executed immediately, and limit orders are pending until the price is reached.

Enter the Amount, and Complete the Action
How much? Enter the number you want to complete on the cryptocurrency you want to buy or sell. Then, confirm the trade using Buy or Sell.

ABCC Exchange Services

Spot Crypto Trading

Multiple cryptocurrencies can be spot-traded at ABCC, with a user-friendly interface across web and mobile. Users can instantly trade crypto pairs and enjoy great prices and stable service.

ABCC Token (AT) Utility

Users can cut trading fees and obtain portions of the platform’s revenue. Users who hold AT may garner other rewards, which enhances the level of interest for many traders.

Trade-to-Mine Feature

The Trade-to-Mine system awards AT tokens while trading. Allocated portions of the trading fees are returned to users as tokens, which inspires active users to keep liquidity high.

API Trading Support

Automated and algorithmic trading are made possible, along with other features such as the seamless addition of bots. Trading strategies can be executed and portfolios can be efficiently managed.

OTC / Block Trading

High-volume traders and institutions have access to OTC Block Trading. This service facilitates large volume transfers with ease, private executions, and a variety of tailored liquidity management solutions.

Project Incubation & Support

ABCC provides new blockchain projects with incubation, consulting, marketing, and listing advisory. This allows fledging projects to scale, grow liquidity, and visibility within the crypto space.

Security & Asset Protection

The exchange has multi-signature wallets, both hot and cold storage, and 2FA. Its architecture has strong safeguards in place to protect funds and defend against illegal access and attacks.

User Rewards & Fee Returns

ABCC gives back some portion of the trading fees generated on the platform to AT holders. This reward structure creates passive income opportunities for users and promotes stickiness on the platform.

Team & Ownership

One of the media and tech moguls who built the ABCC Exchange is Calvin Cheng. Several institutional investors like Funcity Capital and Dream Seeker Capital support the exchange.

On their site, the exchange displays the members of their team. This is always a reassuring sign, as it decreases the likelihood of the team running off, with their clients’ money. ABCC also offers a wide range of cryptocurrencies.

ABCC Exchange Features

Reliability

ABCC like any other exchange, is 24 hours a day, 7 days a week. Trading major cryptocurrencies is just clicks away. Our support personnel is always ready to resolve issues when you are faced with difficulties.

Safety

ABCC Exchange started in 2018 and developed a robust team to support a trustable and stable trading environment for you. Every token listed underwent vigorous legal procedures to protect your interests.

High Transaction Flow

Within seconds trading speed and real-time market data refresh rates, you are promised accurate and secured transactions at any time.

Diversity of Products

ABCC Exchange is dedicated to creating diverse product options to allow you to have options in diversifying your investment portfolio.

Buy Crypto with USD

ABCC supports fiat deposit and withdrawal services. By binding your fiat bank account to ABCC account, you can transfer your money safely into ABCC and buy crypto with USD.

Protection and System Security

ABCC had conducted yearly third-party Vulnerability Assessment and Penetration Testing (VAPT) with different vendors to ensure a high level of security in exchange environment in order to provide users peace of mind when trading their cryptocurrencies.

Certification

ABCC is a regulated digital asset exchange licensed by LFSA Malaysia, holding a Money Brokerage License, Credit Token License, and Digital Payment License. Committed to compliance, transparency, and security, we provide trusted and innovative financial solutions in an evolving digital economy.

User’s assets safety

For end users security, we also provide 2 Factor Authentication security like SMS and Google Authentication on top of our individual login ID and password in order to access ABCC Exchange.

ABCC CEO and Founder

Calvin Cheng is the CEO and co-founder of ABCC Exchange. Under his leadership, the exchange has introduced innovative features such as the Trade-to-Mine model and the native AT token.

Based on the Calvin Cheng Crunchbase profile, he is a Singaporean entrepreneur, former Member of Parliament, and a prominent figure in the blockchain and cryptocurrency sectors.

ABCC good cryptocurrency trading platform?

Considering all of the good and the bad, ABCC makes sense for users looking for a decent interface and low trading prices because of the user-friendly platform. ABCC does have good customer service, decent trading security, and some good trading features.

Support Team Contacts and Open Hours

ABCC provides customer support in a limited way, with only 2 contact channels:

• Email: support@abcc.zendesk.com
• Ticket: Accessible via the official website for everyone
• No specific schedule for the support department is provided by the company.

Conclusion

From the first glance, ABCC Exchange is one of the best trading platforms. This particular exchange has very low fees, and performs well with unique, walletless features such as AT token rewards and a Trade-to-Mine model.

Because of ABCC’s focus regarding security, liquidity, and user rewards, this exchange becomes very attractive to long-term, active trading. However, competitors do not have an easy time with this exchange because of the lack of fiat deposit options, causing accessibility problems for some.

Overall, ABCC is a fine exchange with a great range of functions for competitors to trade, and from the unique ecosystem for users, the ability to earn from this exchange as well.

FAQ