Exchange Annex

What is Annex (ANN)?

Annex (ANN) is a decentralized finance ecosystem aimed at providing users with lending, borrowing, and staking services. Founded by a team of blockchain enthusiasts, Annex was launched in 2021. It has quickly carved a niche in the ever-expanding world of cryptocurrency.

Annex project milestones

• 2021: Annex launched, marking its entry into the decentralized finance space.
• 2022: Released Annex V2, enhancing its lending protocol functionalities.
• 2022: Integrated cross-chain compatibility, enabling wider blockchain adoption and interaction.
• 2023: Achieved over 100,000 active users within the platform.
• 2023: Introduced on-chain governance, enabling ANN holders to vote on platform decisions.

Stay updated with the latest Annex (ANN) news, as any update may significantly affect the ANN price.

Tokenomics of ANN

Annex (ANN) is built on the Binance Smart Chain, established primarily for facilitating secure and efficient DeFi transactions. ANN is a utility token used across various platform services like lending, staking, and governance. The total supply of ANN tokens is capped at 100 million, ensuring scarcity and potential value appreciation over time.

Key features of Annex (ANN)

Annex stands out in the crypto scene due to its innovative approach and broad utility, appealing to various user needs through these key features:

• Lending Platform: Offers peer-to-peer lending and borrowing with competitive interest rates.
• Staking Opportunities: Allows ANN holders to stake tokens to earn additional rewards, promoting platform liquidity.
• Cross-Chain Integration: Facilitates transactions with other blockchain platforms for increased flexibility.
• Secure Protocol: Employs advanced security practices to protect user funds and data integrity.

Annex (ANN) crypto has numerous use cases, making it a versatile asset in the digital finance realm. Here's how you can utilize ANN:

• Participate in governance by voting on ecosystem proposals
• Staking ANN for additional token rewards
• Utilizing ANN for reduced transaction fees within the platform
• Incorporate ANN into a diversified crypto portfolio for asset growth potential

The average fees on the Annex Network

The average network fees on Annex hover around 0.0003 BNB ($0.14 USD) per transaction, ensuring cost-effective and efficient operations for its users.

The ANN token wallets

Annex (ANN) supports multiple wallets to securely manage your crypto assets. Here are some popular choices:

• MetaMask: A widely-used Ethereum-based wallet with cross-chain compatibility.
• Trust Wallet: A mobile-friendly wallet offering robust security features for multiple cryptocurrencies.
• Ledger Nano S: A hardware wallet providing secure offline storage for digital assets.
• Atomic Wallet: A decentralized wallet with a built-in exchange feature for seamless asset management.
• SafePal: A crypto wallet supporting a variety of tokens and offering a user-friendly interface.

Ready to explore the possibilities with Annex? Instantly conduct an Annex (ANN) exchange on SwapSpace. Dive into the ever-evolving world of decentralized finance with easy Annex (ANN) swap options, convenient Annex (ANN) currency converter functionality, and a comprehensive Annex (ANN) price chart to guide your investment decisions. Don't miss the opportunity to experience seamless crypto transfers and maximize your digital portfolio.