Hi,
well, I do have some experiences with ABCC also, since I've traded with them as of mid May.
The spreads were too wide at the beginning, but I can see they are getting more and more tight last 2 weeks as well as the 24h volumes are higher.
It seems the exchange is growing and is trusted by more and more people.
Thanks for the review.
Actually, I've noticed also the AT token and the Trade-to-Mine mechanism, but honestly I didn't pay too much attention.
The tokens issued by an exchange are nothing new under the sun, but the buyback program to guarantee the minimum price seems to be unique.
I'll look at it more closely.
I agree there are plenty exchanges (probably due to the success of BNB) with own coins and every want to be the best. Maybe a little comparison with Binance would be interesting. Total supply will be the same, Binance provides 50% reduction of fees, however this is not passive income as in the case ABCC, where you just hold of AT token and you don't have to trade. BNB has to be bought, whereas you can get AT token for free (if you trade in this early stage). The fees at 0.1% per order is the same by both exchanges. BNB has burning program, contrary to ToM (Trade-of-Mine) mechanism. In the case of ToM there is 'halving' during mining every 120 days for a period of time next 2 years. ABCC has own buyback program for guarantee the initial price, what is a little different from the Binance buyback program.