Home / Cryptocurrency / Mongolia’s Cryptocurrency Exchange “AIS-X” Establishes Business Partnerships with Local Financial Institutions, Starting Operations as an Integrated Financial Service from March 2019

Mongolia’s Cryptocurrency Exchange “AIS-X” Establishes Business Partnerships with Local Financial Institutions, Starting Operations as an Integrated Financial Service from March 2019

ULAANBAATAR, Mongolia–(BUSINESS WIRE)–AIS-X is an exchange that offers more than just a cryptocurrency trading
service. The Japanese founders of AIS, Mr. Takigawa and Mr. Kondo,
focused their attention on the future expansion of use of cryptocurrency
and blockchains, as well as the growth of the Mongolian economy, and
they made the most of their excellent network of connections in Mongolia
to start the AIS business. Striving to enhance customer convenience,
AIS-X has established business partnerships with local financial
institutions to achieve the goal of an integrated financial service.
Three financial institutions have entered into partnerships with AIS-X.

The 1st financial institution is National Investment Bank of Mongolia
(hereinafter “NI BANK”). In 2014, NI BANK received the award of “Fastest
Growing Customer Service in Mongolia” from the Mongolian Bankers
Association, and in 2015, it received the “Fastest Growing Corporate
Bank in Mongolia” award from the Global Banking and Financial Review.
Through the partnership with NI BANK, AIS-X’s clients will be able to
make deposits and withdrawals in legal tender from all around the world,
and the option of managing fixed-term deposits with high interest (e.g.
USD, EUR, MNT, CNY, JPY) will be provided. Also, by making it possible
to issue NI BANK debit cards, AIS-X will strive to further enhance
customer convenience when making withdrawals.

The 2nd financial institution is National Securities. National
Securities is a securities company that holds a full license enabling it
to be the lead manager for an IPO. Through the partnership with National
Securities, AIS-X’s clients will be able to buy and sell securities
around the world. Looking ahead, there are plans for a securities
trading service where AIS-X exchange tokens are used directly.

The 3rd financial institution is Express Finance Service (hereinafter
“EFS”). EFS is an institution that conducts loan operations. Through the
partnership with EFS, AIS-X’s clients will be able to receive loans in
cryptocurrency and legal tender, using cryptocurrency as collateral. By
making use of such loans, clients will no longer need to sell the
cryptocurrency in their possession in situations where funds are
required, releasing them from the tax risk involved at the time of

AIS-X also offers an AI Concierge service, where AI analyzes the
behavioral characteristics of users and provides investment advice best
suited to each user’s individual character. The strength of AIS is that,
through this technology, it can attract beginners and other users who
are not good at making investments.
For details, please watch the
following video:

At AIS-X, exchange tokens called “AIS” are issued. In addition to the
integrated financial service, it also operates two types of mining
businesses (Double Mining), and the system is that part of the profits
from these businesses is distributed to holders of AIS tokens.

The 1st business is cryptocurrency mining. Mongolia’s electricity costs
are low compared to many countries, and combined with a cold climate, it
is a country ideally suited to cryptocurrency mining. AIS-X has
specially customized Baikal’s mining machines, enabling mining to be
conducted at rates of maximum efficiency.

In the 2nd business, AIS-X conducts resource (mine) mining, making it
the first cryptocurrency exchange in the world to perform such
activities. Mongolia has abundant underground resources, and there are
reserves of rare metals that are vital to industry, such as gold,
silver, and molybdenum. AIS-X is negotiating a partnership with
Mongolia’s largest mining company Sharyn Gol JSC, and it will be
involved in resource mining projects through direct investment.

List of AIS-X Business Partners

Regarding AIS Tokens
Sale prices: 0.04USD (PRESALE STAGE1) –
Final token sale price: 0.3USD
detailed information, please consult the following URL:

Starting from Christmas, AIS-X is launching an Airdrop Campaign where
AIS tokens up to a maximum value of 10,000 dollars can be received.

AIS Official Social Media Accounts are as follows:

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