AscendEX (formerly BitMax) is a leading global digital asset financial platform founded by a group of Wall Street quantitative trading veterans in 2018, building on core value of “Efficiency, Resilience and Transparency.” rn rnDriven by its continuous innovative product development and early-mover advantage in strategic alignment with the leading projects from DeFi ecosystem, AscendEX offers trading services across over 200 trading pairs across cash, margin, and futures products, in particular margin trading of over 50 tokens in cross-asset collateral mode and futures trading in both cross-asset and isolated margin modes.
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AscendEX, formerly known as BitMax, is a global cryptocurrency exchange launched in 2018. It offers advanced trading features such as spot, futures, and margin trading, as well as DeFi yield farming. The platform supports over 300 cryptocurrencies and provides additional services like staking and OTC trading for large-volume users.
AscendEX is known for its competitive fees, security features, and innovative trading tools, making it suitable for both retail and institutional investors.
To use AscendEX, you need to create an account and complete the optional KYC verification for higher withdrawal limits. You can fund your account using cryptocurrency deposits or through fiat-to-crypto services via third-party providers like Simplex.
AscendEX supports advanced charting tools via TradingView, allowing users to trade spot, margin, and futures markets with leverage up to 100x. The platform also offers DeFi yield farming and staking options for earning passive income.
AscendEX charges competitive fees, starting at 0.1% for spot trading and 0.02% for futures trading.
Users can reduce fees further by holding AscendEX’s native token (ASD), which offers discounts of up to 80% based on the amount of ASD held.
Withdrawal fees vary depending on the cryptocurrency, with BTC withdrawals priced at 0.0005 BTC, below the industry average.
AscendEX is based in Singapore and serves users in over 200 countries.
However, the platform does not accept U.S. customers due to regulatory restrictions.