AURIX — FAST TRADING, DEFI CASHBACK, TOPNOTCH APPLICATIONS

jerimy gonzales
8 min readMar 16, 2021

Aurix Exchange is a world-class, self-contained financial services ecosystem, built on decentralized financial principles and technologies. It seeks to bring simplicity to the crypto world and increase the widespread adoption of crypto. It is a single ecosystem offering fast trading, top-notch apps & services (eg E-commerce and store plugins), and Visa / Mastercard cards with DeFi cashback and no annual fees. Cryptocurrency Exchange, It is an important part of the Cryptocurrency Space, where it becomes a bridge for communities from all over the world to make transactions such as Buying and Selling their Crypto assets. Aurix is a new innovation in Crypto Space which is a new and Powerful Cryptocurrency Exchange platform with many unique benefits, Combining Serveral Features in one Ecosystem and becoming the future of Cryptocurrency Exchange Ecosystem.

Explanation of Aurix.

Aurix is a decentralized exchange called Aurix Exchange, which is a cryptocurrency trading platform designed to ensure the security and transparency of high-quality Digital transactions. Trading operations are carried out in a decentralized manner, and traders take control and manage their funds and assets through their Private Keys. According to this trading system, the trader’s identity is kept secret while the intermediary service is completely ignored. We are slowly entering the technological era where computing power is the fuel of modern technology. The processing power of computers is needed to advance the ever-evolving aspects of technology. Artificial intelligence, virtual reality, augmented reality, cloud computing, and blockchain technology are just a few of them. It has become a commodity as demand continues to grow.

Aurix was founded in 2016 by Majed Mohsen — a computer engineer with great experience in trading and coding. He has a strong relevant background and several successful technology startups behind him — Majed develops a wide range of solutions for different industries from e-commerce to consumer electronics.

Aurix has an exchange where users trade cryptocurrencies. It generally supports trading cryptocurrencies such as BTC, ETH and BCH and offers greater liquidity. In addition, AUR offers Visa / MasterCard cards with DeFi Cashback. This allows cardholders to pay with Crypto anywhere and anytime. In addition, there is no annual fee for the card.

Compare existing exchange with Aurix exchange

Technical architecture:

  • Existing exchanges often rush to keep pace with market growth, choosing the simplest methods to set up the system. That results in the platform performing well and saving at first but then as the market of the platform expands, the system will gradually be overloaded, the processing speed is poor.

Security level of the trading platform:

  • After many hacker incidents, exchanges have become stricter in managing transactions and introduced many new policies such as mandatory KYC, transaction password. , .. but have not really solved the problems completely because their team is inexperienced and not invested too much on this issue.
    Aurix is ​​built on top of the highest platform, rigorously moderated and tested to prevent unauthorized access to their systems. Aurix implements a multi-layered firewall security system and employs anti-denial of service tools until users see something out of the ordinary.

Liquidity level:

  • The level of liquidity is an important factor to increase the value of the trading floor, but most of the exchanges are only at medium level of liquidity. When there are few buy and sell orders, it means the price slippage, leading to the situation where the financial results are not as expected of the investors.
    Aurix’s team has years of experience in forex trading, blockchain and crypto industries, digital assets, their team has also worked with many international exchanges and amassed a lot. experience from them. This will also be a safe stepping stone for investors

Customer Service:

  • There are many exchanges that take customer care lightly and handle traders’ complaints. I used to have to wait 6 hours just for the response to transaction verification problems. It’s really a bad customer experience, especially in a market that changes every second like cryptocurrency.
    Aurix always considers customer service the core of our success, and Aurix’s staff and team share their experiences of helping each other to help each other with customer problems and above all else. 24/7 time to service.

Aurix Main Products

Aurix offers three main products — Aurix Exchange, Card Visa/MasterCard, and Aurix Plugins.

The following describes the three main products of Aurix:

(1). Products About Aurix Exchange.

The Aurix exchange is a world-class exchange where crypto enthusiasts can buy high-quality cryptocurrencies and digital chips. The platform is designed to ensure secure, safe, and autonomous transactions. With our advanced technology, you can perform an online business transaction and yet keep your identity private. Your funds are safe and protected from the reach of hackers and crypto thieves.

Aurix allows users to purchase and sell as many digital currencies as they want in a matter of seconds. The exchange maintains the highest level of security to ensure that your funds are safe. And is convenient for users, enabling them to trade using both an app and desktop — everything is uninterrupted. Traders who pay in AUR enjoy an additional discount on the platform. With the Aurix app, everything is seamless, as it takes care of the products and solutions we provide in a single place — this includes the trading, transfers, payments, and rewards management. Aurix Exchange Product, The best platform with the state of the art technology but built with love for the users.

(2). Products About Aurix Card.

Our debit card is supported by MasterCard/Visa payment network that is tied to the user’s wallet. This makes it possible to offer cashback to our users for their daily transactions and all purchases.

This is unlike our competitors who charge their customers for transfers and purchases. We offer up to 9% cashback to customers’ e-wallet, enabled by the hitch-free DeFi system. Payments with our card can easily be managed through the app.

(3). Products About Aurix payment shop plugins.

With our plugins, businesses and e-commerce solutions can adopt cryptocurrencies in operation. This exclusive is compatible with different systems. Installing the plugin at the customer’s end makes it possible for users to pay in cryptocurrency or receive the same anywhere. The customers can complete their payment in a twinkle of an eye with a few taps on their mobile phone.

Features of AURIX Exchange:

  • User-friendly Interface:

The main advantage that distinguishes the Aurix Exchange is its usability — the convenient and comprehensible interface that a user can adjust to suit any preferences

  • Fee Structure:

The fees offer are less than that of any other existing crypto exchange, and, thus, active trading does not undermine the results a user can achieve. The fee structure is extraordinarily simple and crystal clear, containing no hidden fees for services.

  • Transaction Safety:

AURIX adheres to strict security requirements that ensure the safety of our exchange for users, and constantly upgrade our security potential. Aurix is protected against attacks, and data are fully compliant with PCI DSS standards.

  • Benefits of Token Holders & Rewards:

The fee and benefits structure strongly motivates the staking and usage of Aurix Tokens. Staking the Aurix Token upgrades a user’s level on the platform, according to the amount of the Aurix tokens staked.

  • Payback System for Traders:

AURIX proud to announce a new cashback system. After each transaction, the client receives cashback directly into their account. In other words, the more you trade, the more you earn.

  • AURIX Application:

Aurix app is the heart of the ecosystem. It contains all the options for extracting the maximum utility that our platform can offer. The App embraces all the products and solutions we offer and presents them to the user in one place in the most convenient way. Trading, payments, transfers and rewards management, and much more — all at the user’s fingertips.

Visa/Mastercard Card with DeFi cashback

Aurix offers a debit card by Visa or Mastercard payment networks. The card is associated with a user’s wallet, allowing them to obtain cashback for all their purchases and other everyday transactions.

We provide up to 9% cashback to the user’s e-wallet, and the execution is guaranteed by the blockchain itself — thanks to the DeFi system; the payment will be delivered without any hurdles

In other words, while other services charge fees for transferring and purchasing, we only reward our customers with a cashback for all their payments made with our card. And that also comes with the best service — all users’ purchases and transfers are completed almost instantly

In the app, users can manage their crypto and fiat wallets, complete card applications, view the card details, track card spending records, receive eligible card rewards, and much more

AURIX CHAIN

Aurix Chain is the powerful next-generation blockchain technology that will underpin all operations on our platform. The decentralized finance architecture is a guarantee of the safety of users’ funds, speed and security of all operations, and privacy of user data.

Aurix Chain is the strong basis for all the services we offer our clients: it powers the exchange, enables Cashback rewards, ensures seamless payments and shopping experience. The proprietary technology is a key competitive power of our solutions, and we pay our most attention to its integrity and adherence to the best international security standards.

ROADMAP

Aurix is a self-reliant ecosystem of financial services, fully built on the principles and technology of decentralized finance. No matter what happens, all transactions will be executed, and the funds delivered to their point of destination. Our company is dedicated to the idea of making the world of cryptocurrencies as easy to enter and intuitive to implement in usual life, as to take the fiat cash out of the wallet. Low-cost trading among crypto and fiat currencies, paying in crypto for goods and services, and receiving DeFi cashback on spendings just like on a usual debit card — these all are parts of the dream that the Aurix team makes a reality.

More information :

Website: https://www.aurix.exchange/
Whitepaper: https://www.aurix.exchange/Aurix-Whitepaper.pdf
Facebook: https://www.facebook.com/aurix.exchange/
Twitter: https://twitter.com/aurixexchange
Telegram: https://t.me/Aurixchat
YouTube:https://m.youtube.com/channel/UCJRtUTd79m6qey5BITZ9WwQ

AUTHOR:

  • Username Bitcointalk: Jerimy gonzales
  • ETH: 0x118A3810009C8B9a3F09A94b1663F470B7734c3D

--

--