Introduction to AscendEX Exchange
AscendEX (formerly BitMax) is a Singapore-registered cryptocurrency exchange serving retail and institutional clients globally. Established in August 2018, its mission focuses on creating transparent market rules to enhance liquidity and optimize blockchain infrastructure.
Key Milestones:
- Survived 2019 crypto bear market through robust operations
- Rebranded from BitMax to AscendEX in March 2021
- Secured $50M Series B funding (Nov 2021) led by PolyChain Capital
👉 Discover how AscendEX compares to top exchanges
Company Background
Founder: Dr. George Cao (ex-Wall Street quant trader with 10+ years experience)
- Holds PhD in Computer Science
- Hosted Taiwan roadshow (2018) to recruit local talent
Global Presence:
- Offices in 5 countries
- Users across 196 nations
- Supports 11+ fiat currencies
Exchange Rankings & Metrics
- #26 on CoinMarketCap
- 178+ listed cryptocurrencies
- $300M daily trading volume
- 156+ quality projects launched
Products & Services
1. Trading Options
| Product | Features |
|---|---|
| Spot Trading | 178+ crypto pairs |
| Margin Trading | Up to 25x leverage |
| Futures | Perpetual contracts available |
2. Platform Token (ASD)
- Total supply: 7.87B (reduced from 10B)
Use cases:
- Trading fee discounts
- Staking rewards
- Access to premium features
3. VIP Tier Benefits
| Tier | ASD Holding | Fee Discount |
|---|---|---|
| VIP1 | 500 ASD | 10% |
| VIP5 | 50,000 ASD | 30% |
Frequently Asked Questions
Is AscendEX safe?
Yes. The exchange employs industry-standard security measures including cold storage and 2FA authentication.
What's special about ASD token?
ASD offers deflationary mechanics through periodic token burns, potentially increasing value over time.
How does the referral program work?
Users enjoy 10% fee rebates when signing up through partner links.
👉 Start trading with special benefits
Final Thoughts
AscendEX stands out for:
- Strong institutional backing
- Diverse financial products
- Early access to promising projects
Best for: Traders seeking altcoin opportunities beyond mainstream exchanges.
Disclaimer: Cryptocurrency trading involves risk. This content doesn't constitute investment advice.
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